Binance expanded withdrawal access on Sunday, while Ethereum co-founder Vitalik Buterin outlined his views on what supports ETH’s value. This November 8 edition covers four new announcements, followed by a market update using figures reported today.
Binance Reopens HYPE and APT Withdrawals
Binance announced on November 8 that withdrawals for Hyperliquid’s HYPE and Aptos’s APT were available again, marking another step in its recovery from the October 29 security breach. The exchange is restoring services progressively as assets and networks complete security checks. Sunday’s announcement identified these two additions without declaring that every remaining withdrawal restriction had been lifted.
Vitalik Says Ethereum’s Value Extends Beyond Transaction Fees
Vitalik Buterin said in a Sunday post that Ethereum should place greater emphasis on ETH’s role as a store of value, supported by the network’s security, decentralization and resistance to censorship. He argued that transaction-fee burning cannot establish a dependable valuation floor when the activity generating those fees also weakens during a crypto downturn. Buterin supported retaining the existing fee-burning mechanism while cautioning against treating the amount burned as the main measure of Ethereum’s success.
Saylor Shares Bitcoin Tracker Ahead of Strategy’s Next Update
Michael Saylor posted Strategy’s Bitcoin accumulation chart on November 8 with the caption “Connecting the dots,” drawing attention to the company’s next treasury disclosure. Similar posts have preceded acquisition announcements, but Sunday’s message provided no purchase amount, spending figure or updated Bitcoin balance. Any additional acquisition remains unconfirmed until Strategy releases the details.
Splash Wallet Adds Access to Robinhood Chain
Splash Wallet announced support for Robinhood Chain on November 8, allowing users of its Chrome extension to hold network assets and interact with compatible applications. The company said existing users can obtain the integration by updating the extension, bringing Robinhood Chain alongside its other supported networks. Splash described the service as non-custodial, with private keys retained on users’ devices.
Bitcoin Trades Below $76,000 in Sunday Market Update
A market report published at 12:32 UTC on November 8 placed Bitcoin near $75,882, approximately 2.69% below its level seven days earlier. Losses were larger across several other assets: NEAR was down 15.21% over the same period, Bitcoin Cash 12.8%, Hyperliquid 11.96% and Stellar 10.62%. These were intraday readings, with the weekly trading period still underway.