Chinese officials have questioned potential U.S. involvement in a December 29, 2020 hack of the LuBian mining pool that resulted in the theft of 127,272 BTC, valued at approximately $3.5 billion at the time. The U.S. Department of Justice announced in October 2025 it had seized approximately 127,000 BTC and charged Chen Zhi, owner of Cambodia's Prince Group, in connection with the incident. The stolen cryptocurrency had remained inactive for nearly four years before the seizure.

China's National Computer Virus Emergency Response Center accused the United States of taking control of 127,272 Bitcoins stolen from the LuBian mining pool in December 2020. The coins, worth approximately $13 billion at current prices, were allegedly seized by U.S. authorities in 2024 after remaining dormant for four years, according to the Chinese agency's Sunday report.

Bitcoin long-term holders have more than doubled their positions between late October and early November, adding over 36,000 BTC. New whale cohorts have realized over $1 billion in losses since late October, with Bitcoin trading below their average cost basis of approximately $110,800. Risk-adjusted return metrics have declined throughout the year, reflecting cooling institutional sentiment.

The U.S. Senate advanced a continuing resolution to fund federal agencies through January 30, 2026, ending a 41-day government closure. The reopening restores critical inflation data releases and Treasury auction schedules. The October Consumer Price Index will be released on November 13, with the Producer Price Index following on November 14.

Business intelligence firm Strategy purchased $50 million worth of Bitcoin on Monday at an average price of $102,557 per coin, marking its largest acquisition since late September. Shiba Inu broke above the $0.00001 price level after trading below this threshold for several weeks. Ripple Labs reached a $40 billion valuation following a $500 million funding round, CNBC reported.

Bitcoin approached $110,000 over the weekend but failed to sustain the level despite favorable catalysts including Trump's proposed $2,000 tariff dividend and progress toward resolving the government shutdown. Analysis identifies a resistance zone between $107,000 and $118,000, driven by increased selling from long-term holders, macroeconomic headwinds, and weakening conviction that positive headlines have been unable to overcome.

SoFi has introduced in-app crypto trading for Bitcoin, Ethereum, and Solana, becoming the first nationally chartered U.S. consumer bank to offer such services. The platform will roll out the feature in phases over the coming weeks. Users can buy, sell, and hold digital assets within the all-in-one financial application.

Bitcoin fell below $105,000 on Tuesday as its annualized Sharpe Ratio and Normalized Risk Metric declined, signaling weakening risk-reward balance. Miner outflows have steadily decreased since late October, indicating reduced selling pressure that may support near-term recovery. Analysts note the pattern could reflect improved miner sentiment and a neutral-to-bullish short-term setup.