On November 1, local time, Iranian Foreign Minister Amir-Abdollahian stated in a media interview that the Iranian delegation's visit to Qatar is a continuation of ongoing communication with mediators such as Qatar and Pakistan. Currently, the proposal on the table is essentially the same as Iran's previously proposed 'seven-day plan.' Qatar, Pakistan, and other mediators have conducted multiple consultations and discussions on this, suggesting alternatives that are more feasible and operational than Iran's 'seven-day plan.' Amir-Abdollahian mentioned that one of Qatar's suggestions is to shorten the seven-day deadline to five days or even less. At present, Iran agrees to a 'two-day plan,' which entails: on the first day, the United States will take a series of compliance measures. On the second day, the Strait of Hormuz will reopen, and maritime traffic will return to its previous state. Amir-Abdollahian pointed out that all these issues are now on the table, and as long as the US adheres to Iran's two-day plan, it can pave the way for peace and restore normalcy in the Strait of Hormuz. The path for negotiations between Iran and the US will only open after the US fulfills its commitments and the Strait of Hormuz is reopened. It is understood that the conditions Iran has set for US compliance include: establishing new shipping routes in the Strait of Hormuz, unfreezing Iranian funds, ending regional conflicts including those in Lebanon, lifting maritime blockades, granting exemptions for Iranian oil exports, and rescinding new sanctions imposed by the US after the Islamabad Memorandum.

On November 2, the Jerusalem Post reported that the Israel Defense Forces (IDF) are prepared to participate in US military actions against Iran following the US midterm elections on November 3, should Trump request it. However, the current situation remains shrouded in uncertainty. Trump has previously withdrawn threats to attack Iran at various points this year, including in August and early October, but the possibility of an attack has risen again. This is partly due to attempts by various parties to secure concessions from Iran through other means, and some members of Trump's team are reportedly shifting back towards supporting military action. Over the past week, more than 10 US military transport planes have arrived at the Nevatim Air Force Base and the Ovda Air Force Base in southern Israel, seemingly in preparation for a significant military operation. Additionally, reports indicate that the US is deploying air defense systems and interceptors to Israel and other Arab allies. However, US troop levels in the region are still lower than in previous deployments. This may just be the beginning of the deployment. There are still differences between the US and Israel regarding the specific objectives of such military actions.

On November 2, according to official news, Binance has gradually resumed withdrawal services in phases starting from November 1, 2026, at 14:00 (UTC+8). As of 20:36 (UTC+8), withdrawals for all 15 networks and assets initially covered have been restored. After a brief surge in withdrawal volume, it has decreased and is stabilizing as expected, while deposit volumes remain high. From 14:00 to 23:30 (UTC+8) on November 1, we processed $4.649 billion in withdrawals and $1.01 billion in deposits, resulting in a net outflow of approximately $3.64 billion. According to the latest reserve proof data as of October 28, 2026, this represents 2.1% of the platform's total assets under management (AUM) of $171 billion. We completed a new round of reserve proof snapshots on October 31 at 08:00 (UTC+8) and initiated zero-knowledge proof (ZKP) calculations. The updated report is expected to be published tomorrow on the reserve proof webpage. Our team is continuing rigorous testing on the remaining networks and assets. We understand that the secure and reliable withdrawal of funds is crucial for you, and we will announce the specific arrangements for the next phase as soon as possible. Please rest assured that the current market conditions are stable.

Michael Saylor, founder of Strategy, has once again released information regarding the Bitcoin Tracker, stating that it can make the visuals even more orange. According to previous patterns, Strategy typically discloses changes in Bitcoin holdings the day after related news is released.

On November 1, Binance announced on the X platform that it has restored withdrawal services for certain assets and networks: - Ethereum Network: USDC, USDT, ETH - BNB Smart Chain (BSC): USDC, USDT, BNB Binance stated that after completing security checks, it will continue to gradually open withdrawals for more assets and networks, with further updates to be released through official Binance channels.

Market data shows that BTC has surpassed $78,000, currently priced at $78,000.01, with a 24-hour increase of 0.97%. The market is experiencing significant volatility, so please ensure proper risk management.

On November 1, Glassnode posted on X platform that ETF investors are withdrawing from ETH, with the US spot Ethereum ETF experiencing net outflows for 23 consecutive trading days, setting a record for the longest continuous outflow since the product's launch. This reflects weak demand from traditional investors, who had made significant purchases in August and September.

On November 1, U.S. Secretary of State Rubio stated at a press conference on Saturday that President Trump has not yet decided whether to resume military operations against Iran. Rubio mentioned that he is unclear if the negotiations led by Qatar, aimed at resolving the U.S.-Iran hostilities, have a specific timeline. Earlier on Saturday, Reuters reported that Iranian officials are in talks with Qatari mediators in Doha.

On November 1, U.S. Secretary of State Rubio stated at a press conference that President Trump has not yet decided whether to resume military operations against Iran. Rubio mentioned that he is unclear if the negotiations led by Qatar, aimed at resolving U.S.-Iran hostilities, have a specific timeline. Earlier on Saturday, Reuters reported that Iranian officials were in Doha holding talks with Qatari mediators.

On October 31, Binance announced that the replenishment ratio of stolen assets has increased from approximately 80% to 90%. The company has previously allocated over $6.34 billion of its own funds to cover the losses caused by this security incident. Currently, BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC have achieved 100% full reserve support. The sources of the replenishment funds include part of the SAFU user asset security fund, part of the contract insurance fund, and the company's own funds, with the remaining balance of the contract insurance fund retained as required by regulators. The approximately 10% of assets that have not yet been replenished consist of other tokens outside of the aforementioned ten, which may take longer to acquire due to relatively low liquidity. Binance is continuing to repurchase through market and OTC channels. A new round of Proof of Reserves (PoR) snapshot was completed at 08:00 Beijing time on October 31, and the relevant data has been updated on the official website. Binance stated that the generation of zero-knowledge proofs is expected to take 40 to 50 hours, with the complete proof expected to be provided on November 3 (UTC). Holders of the aforementioned ten tokens will be able to verify for themselves whether their assets have at least 1:1 full reserve support. Binance reiterated that it will fully bear the financial losses caused by the theft, rather than passing them on to users. The restoration of withdrawal services is progressing as planned and is expected to resume on November 1, with specific arrangements to be announced separately.