Overview of important developments on the evening of November 4

12:00-21:00 Keywords: Coinbase, ETH/BTC, QCP Capital

1. BitMEX CGO: ETH/BTC has now given back all gains since the 2021 EIP-1559 upgrade;

2. 113 million USDT transferred from Arbitrum to Kraken via the Ethereum blockchain;

3. AI startup Physical Intelligence plans to announce a $400 million funding round on Monday;

4. Opinion: History shows that regardless of who wins, Bitcoin may rise after the US election;

5. Bernstein raises Bitcoin price expectations, Trump victory could push it to $80-90,000;

6. QCP Capital: This week's US election results will determine the direction of the crypto market, and caution is still being maintained;

7. Coinbase insiders plan to sell over $900 million worth of stock.