Bitwise CEO Hunter Horsley stated that due to factors such as insufficient Liquidity, most digital asset financial companies will trade at a discount, and only outstanding companies will trade at a premium. Most DATs will transform into operational companies and may acquire private small encryption companies, while digital asset management companies are still in the early stages of development.

According to Bloomberg, Bitcoin started the week lower after experiencing a prolonged dumping, making it likely to record its worst monthly performance since 2022. After a rebound over the weekend, Bitcoin fell 2.3% in early trading on Monday, briefly dipping below $86,000, before narrowing its losses. As of 10:24 AM Singapore time, Bitcoin was trading at $87,986. Despite the Bitcoin price being well above last Friday's low of $80,553, traders do not believe it is worth celebrating. Although institutional investors' acceptance of cryptocurrencies has surged, and U.S. President Trump has strongly supported the cryptocurrency industry and pushed for a series of policy initiatives, the entire cryptocurrency market remains in a noticeable slump.

ODOS is about to launch the Solana Beta, and users can fill out a form to apply to become early testers to evaluate the product's performance. Over 30,000 Wallet registrations were attracted within two hours of opening, with registrations closing on December 1, 2025.

PANews, November 23 - According to an official announcement, the official Twitter account of Web3Labs was attacked by an unidentified Hacker early this morning. Currently, all information published by this account is false. Web3Labs reminds users not to trust, click, forward, or interact with any related content. The Web3Labs team is in contact with the official team of the Twitter platform in hopes of regaining control of the account as soon as possible.

According to ChainCatcher news, the Trump family's encryption project "World Liberty Financial" partner WLFI Reserve Company ALT5 Sigma stated in documents submitted to the SEC that its CEO was officially suspended on October 16, but internal emails show that the company's board had actually placed him on "temporary leave" as early as September 4. Several securities regulation experts indicated that this significant time difference may have violated information disclosure rules. The enclosed email also revealed that the Chief Revenue Officer Vay Tham was simultaneously placed on leave, as the board's special committee is investigating "certain matters related to the company." According to SEC regulations, listed companies must disclose when executives actually cease to perform their duties.

The Fed Vice Chairman Jefferson believes that the development of artificial intelligence is significantly different from the internet bubble of the late 1990s, and that the current valuations of AI companies are lower than the peak values of internet companies at that time. He pointed out that it is still too early to judge the impact of AI on monetary policy, and that the financial system remains robust.

BlockBeats news, on November 21, Fed Vice Chairman Jefferson: Unlike the internet bubble period, the rise in AI-related stocks is mainly due to the fact that AI companies actually have real earnings. The current market's differences from the internet bubble period make it unlikely that we will witness a repeat of the late 1990s. It is still too early to determine how AI will affect the labor market, inflation, and monetary policy. (Jin10)

Bitcoin is heading towards its worst monthly performance since 2022, with Placeholder partner Chris Burniske warning that the decline has just begun. Chris Burniske believes, "The DAT dumping phase has only just started; just as we rose, we will also fall." Alliance DAO co-founder QwQiao predicts that the next round of Bear Market needs to fall another 50% to establish a solid foundation. On Friday, Bitcoin fell by as much as 6.4% to $81,629, with prices in November down about 23%, marking the largest monthly decline since June 2022. Despite the White House's supportive stance on cryptocurrency and a surge in institutional users, Bitcoin's price has plummeted over 30% from the historic high reached in early October, with a single-day liquidation amount reaching up to $1.9 billion, exceeding the losses caused by the COVID-19 market crash and the FTX collapse.

The global Crypto Assets industry is on high alert, preparing to face potential turmoil. Major index provider MSCI is weighing whether to exclude companies that hold significant digital assets from its flagship stock benchmark index. Analysts warn that this move could lead to billions of dollars in passive fund outflows early next year. This discussion began in October and has now become more urgent. Previously, MSCI confirmed that it is consulting the investment community on whether companies holding more than 50% Bitcoin or other Crypto Assets on their balance sheets should continue to meet the inclusion criteria.

Ray Dalio stated that although there is a bubble in the stock market, investors should not be in a hurry to exit the artificial intelligence sector. He believes that the current conditions do not support bursting the bubble, and there may be significant rises in the future. He mentioned that Fed interest rate hikes or a wealth tax could trigger a dumping, but it is unlikely to happen in the short term.

PANews, November 21, news from The Block reports that JPMorgan maintains a "neutral" rating on the cryptocurrency exchange Bullish (BLSH), despite its Q3 performance exceeding expectations. However, it has lowered the 2026 target price from $46 to $45, due to excluding the stablecoin Interest income from IPO fundraising. The new target price has an upside potential of about 23.3% compared to the current Closing Price of $36.5. Analysts expect that the rise in market Fluctuation in Q4 will improve the trading environment and are optimistic about the early launch of Bullish Options products and the growth of institutional clients.

On the launch day of the creator Token by Base founder Jesse Pollak, it was targeted by snipers. After 50 million Tokens were injected into the liquidity pool, 262 million were immediately bought, involving two snipers, each profiting over $610,000. This action was executed through Flashbots on the Base chain, allowing for early capture of transaction information.

PANews, November 21 news, according to OpenAI's announcement, the ChatGPT group chat feature is now officially available to users worldwide, applicable to all log in users, including Free, Go, Plus, and Pro subscription plan users. This feature had previously been piloted among early testers.

PANews, November 21 news, according to HyperBot monitoring, Address 0x020c…5872 (Brother Ma Ji) after getting liquidated again during the fall of ETH in the early morning today, deposited $115,000 to continue to open long positions. This account has repeatedly gone through the "increase the position → Get Liquidated → deposit" cycle for over a week, with frequent and unusual liquidation operations.

Golden Finance reported that the Asia-Pacific market opened lower on Friday, following a decline in U.S. tech stocks as investor hopes for a Fed rate cut in December weakened. Oracle (ORCL.N) and AMD (AMD.O) were among the first AI companies to see declines, while Nvidia (NVDA.O) also pulled back, closing down over 3%. Additionally, the delayed September jobs report released last night showed that the U.S. economy added 119,000 jobs, exceeding economists' expectations. According to CME FedWatch, investors currently estimate that there is about a 40% chance of a Fed rate cut next month, which is unfavorable for those betting on lower interest rates. Early market indications show that tech stocks in Asia are being affected, with the Nikkei 225 index dropping over 2% at the start, and SoftBank Group's stock falling 8%; in South Korea, the KOSPI index quickly widened its early losses to 4%, with Samsung Electronics down 5% and SK Hynix down 9%. (Jin10

GAIB issued a statement regarding the premature sale of tokens by external organizations before the TGE date, initiating an official repurchase plan to ensure that the interests of the community are not affected. It demands that the violating organizations repurchase the tokens and promises to handle the situation transparently.

Golden Finance reported that Bloomberg cited informed sources stating that a Chinese venture capital company has acquired a stake in ByteDance, valuing the company at $480 billion. According to reports, venture capital firm Today Capital has outbid several interested companies to acquire shares from ByteDance's early institutional investor, Bank of China. Initially, this batch of shares was priced at about $200 million, corresponding to a valuation of approximately $360 billion for ByteDance. However, with as many as seven institutions participating in the bidding, the price quickly escalated, and in the end, Today Capital, led by Chinese venture capital queen Xu Xin, purchased the shares for nearly $300 million at a company valuation close to $500 billion.

On November 20, the expected September non-farm payroll report will reflect the weakness in the labor market, with multiple agencies generally anticipating new job numbers between 40,000 and 80,000, and the unemployment rate remaining at 4.3%. The overall trend indicates a slowdown in the job market, but no severe recession has occurred.

According to ChainCatcher news and a report from CoinDesk, India plans to launch a stable digital asset ARC pegged 1:1 with the rupee in the first quarter of 2026, developed jointly by Polygon and local fintech company Anq. ARC will operate on the basis of the Central Bank Digital Currency (CBDC) and adopt a dual-layer structure, issuing only to corporate accounts, aimed at curbing capital flow towards dollar stablecoins and supporting domestic debt needs. This mechanism combines Uniswap v4 Allowlist control, reinforcing Compliance and ensuring monetary sovereignty.

Golden Finance reported that VanEck released a ChainCheck for Bitcoin in mid-November 2025, indicating that long-term holding whales continue to hold their positions, with the prices of coins held for over 5 years continuing to rise. The dumping is mainly concentrated among users holding mid-term stocks, rather than those who held the stocks earliest. The futures market is bleak, with both funds and open contracts at oversold levels. Data shows that the outflow of ETP funds has led to early weakness, with the balance of Bitcoin ETPs decreasing by 49,300 Bitcoins since October 10, 2025, accounting for about 2% of the total assets under management. The dynamics of whales show a phenomenon where whale positions are decreasing in the long term and increasing in the short term. Whales holding between 10,000 to 100,000 Bitcoins have reduced their holdings by 6% and 11% over the past 6 months and 12 months, respectively. These sold Bitcoins have been absorbed by "small fish" holding between 100 to 1,000 Bitcoins. This type of regulation.

According to Foresight News, the zero-knowledge privacy technology project Aztec has launched the L2 blockchain Ignition Chain, which is now live on the Ethereum Mainnet. The official statement indicates that any user can stake, earn Block Rewards, and coordinate block generation, with early Sequencers receiving higher Block Rewards.

PANews November 20 news, the Core Foundation announced that the Grand Court of the Cayman Islands found that Maple Finance was involved in "serious issues requiring adjudication" in the process of cooperating to develop lstBTC, allegedly violating confidentiality obligations and exclusive cooperation terms. The Core Foundation stated that since the beginning of their collaboration in early 2025, they have invested a significant amount of resources in technology development, market promotion, and product subsidies. However, Maple Finance has since been accused of using relevant confidential information to develop competing products, violating the 24-month exclusive cooperation agreement between the two parties. Regarding Maple Finance's announcement that it needs to impair the assets in the Bitcoin Yield product, the Core Foundation pointed out that it remains unclear why Maple Finance is unable to return the lenders' BTC.

Foresight News reports that, according to The Verge, Trump is considering signing an executive order as early as November 21. This executive order would grant the federal government unilateral authority to regulate artificial intelligence, including the establishment of a "Special Task Force on AI Litigation" supervised by the Attorney General, with members including White House Crypto Assets and AI Director David Sacks. Its sole responsibility would be to challenge state laws on artificial intelligence. The task force would have the authority to sue state governments identified as obstructing the development of the artificial intelligence industry.

BlockBeats news, on November 19, HSBC stated that the US dollar may hit bottom in early 2026 before starting to recover. The bank expects the Fed may cut interest rates in December, but believes the likelihood of further cuts in 2026 is small. However, the market currently anticipates about 85 basis points of easing by the end of the year. HSBC predicts that the euro will rise to 1.20 dollars by the end of this year and early next year, before falling back to 1.18 dollars for the remainder of 2026.

According to Coin Central, Senator Tim Scott, Chairman of the U.S. Senate Banking Committee, announced plans to advance the Crypto Assets market structure bill. He expects the Banking Committee and the Agriculture Committee to vote on the bill next month. Scott stated that the final vote could take place in early 2025, bringing the bill closer to becoming law. The bill aims to regulate the Crypto Assets market, striking a balance between protecting consumer rights and enhancing the competitiveness of the U.S. economy. Scott accused Senate Democrats of slowing down the process, hindering the progress of the bill.

According to Cryptonews, the internet celebrity Haliey Welch, known for the "Hawk Tuah" incident, is now involved in a new legal dispute. A crypto assets law firm has listed her as a defendant in a federal class action lawsuit related to the $HAWK Token crash last year. According to the latest filings submitted to the Eastern District Court of New York, Welch and his broker Johnnie Forster, as well as their company 16 Minutes LLC, are alleged to have played a key role in promoting a Token referred to by lawyers as "crashing in minutes," allowing insiders to profit significantly by dumping the Token early in its issuance.

Renaiss Protocol launched its Closed Beta testing on November 19, aiming to standardize physical cards on the blockchain, expand the Allowlist and card supply, with over 30,000 registered users on the platform. The cards sold out within three hours of going live, demonstrating strong market demand, and several activities were launched to incentivize early participants.

Gate News Bot news, on November 19, according to CoinMarketCap data, as of the time of writing, GNO (Gnosis) is currently priced at $143.98, with a rise of 13.41% in the last 24 hours, reaching a high of $159.70 and a low of $114.89, with a 24-hour volume of $19,400. The current market capitalization is approximately $380 million, an increase of $44,900 compared to yesterday. Gnosis is committed to building the future of finance. The project offers low-risk DeFi products and consumer applications, with an active ecosystem of innovators. Gnosis Chain has over 300,000 validators, with a fee of only $0.0001 per 100,000 gas, and maintains 100% uptime. Gnosis also provides VC support and has funded over 80 of the most promising early-stage projects.

According to BlockBeats, on November 19, the iShares Bitcoin Trust (IBIT) under BlackRock recorded its largest single-day net outflow since its establishment in January 2024. IBIT experienced a fund outflow of $523.15 million yesterday, surpassing the previous record of $463 million set on November 14. The ETF has seen net outflows for five consecutive days, totaling $1.43 billion. As the world's largest spot Bitcoin ETF (with net assets of $72.76 billion), IBIT has been in a trend of fund outflows since late October. On a weekly basis, the fund has seen net outflows for four consecutive weeks, totaling $2.19 billion. This capital outflow coincides with a recent significant drop in Bitcoin, which fell from the high set in early October.

ChainCatcher news, U.S. Senate Banking Committee Chairman Tim Scott stated that he plans to mark up the crypto market structure bill in December, with the goal of sending it to President Trump for signature in early 2026, to make the U.S. the "crypto assets capital of the world." The bill aims to clarify the crypto regulatory authority of the CFTC and SEC.

Golden Finance reports that Tim Scott, Chairman of the U.S. Senate Banking Committee, stated on Tuesday that he plans to have the committee vote on the Crypto Assets market structure bill next month. Scott said: "By the end of this year, which is next month, we believe we can complete the bill revisions in two committees and initiate voting, and submit it to the full Senate for a vote early next year, so that President Trump can sign this bill." The structure bill for the Crypto Assets market needs to obtain dual approval from the Senate Banking Committee and the Agriculture Committee, as the content of the bill involves both securities regulation and commodity regulation. Scott stated that the bill will help strengthen the United States' dominant position as "the strongest economy in the world for the next century" while protecting consumer rights. The Republican senator had previously attempted to push the bill through before September this year, but was unsuccessful.

According to ChainCatcher news, Yujin stated that the Address "Ma Ji" deposited $235,000 again in the early morning, increasing the ETH long order to 3,775 coins, with a notional position of approximately $11.7 million; the entry price was $3,067, the liquidation price was $2,984, and the current unrealized gains are about $130,000.

According to Foresight News, the real-time blockchain MegaETH announced the launch of the Mainnet Beta version Frontier, which will go live in early December and last for one month. MegaETH will gradually announce partner applications, emphasizing that incentives will not be implemented in the early stages.

The address 0xA10…a5C09 holding an early APX position has recently seen some activity. This address purchased 7.41 million APX in 2022 and subsequently received additional tokens. Two months ago, it deposited 9.2 million APX to Aster, and 12 hours ago, it withdrew 9.884 million ASTER, with unrealized gains of approximately 11.93 million US dollars.

Cloudflare experienced its most severe outage since 2019 on November 18 due to a misconfigured database permission adjustment that caused core system abnormalities, affecting multiple products. The incident was mistakenly identified as a DDoS Attack, and was ultimately resolved through a Rollback, with services restored early on the 19th. Cloudflare has pledged to accelerate system resilience upgrades.

Golden Finance reports that, according to the American financial media Semafor, the artificial intelligence company Humain, supported by the Saudi Arabian sovereign wealth fund, plans to announce a series of new agreements with American companies tomorrow, as the country is planning to invest billions of dollars in a program aimed at becoming the world's third-largest artificial intelligence nation. Sources familiar with the matter revealed that Humain is planning to collaborate with companies including Amazon, AMD, xAI, and GlobalAI to announce the construction of multiple gigawatt-level data centers. According to the sources, these agreements are expected to follow the approval of the sale of a large amount of semiconductors to Saudi Arabia by the United States. It remains unclear how many of these agreements are new and substantial, or merely indicators of progress on agreements announced during U.S. President Trump’s visit to Riyadh in May. Humain's CEO Tareq Amin previously stated that he expects the first batch of numbers to be in early 2026.

Yang Yuhua analyzed how the Bitcoin Money Laundering case masterminded by Qian Zhimin operates within the UK judicial system, emphasizing the importance of civil recovery and victim compensation schemes. It is expected that the UK Supreme Court will initiate relevant hearings in 2026, with hopes of determining the refund funds soon.

According to Jinse Finance, with UK government bonds leading the way, US Treasury bonds have recovered some ground lost last week. Despite an early setback in the corporate bond market at the start of this week—Amazon issued $12 billion in dollar-denominated bonds (its first dollar bond issuance since 2022)—the rebound in Treasury bonds has been maintained. Similarly, on Monday, the index measuring factory activity in New York unexpectedly increased, reaching its highest level in a year. Nevertheless, most Treasury yields still fell by 1 to 3 basis points. Earlier predictions suggested that with the end of the six-week government shutdown last week, the final restoration of federal economic statistics would boost the prospects of the Fed cutting rates again next month. Morgan Stanley's interest rate strategist predicts that by mid-2026, the yield on the US 10-year Treasury bond will fall to 3.75%, and in the most bullish scenario, it could even reach 2.40%. Although during the shutdown, there was no...

BlockBeats news, on November 17, the well-known encryption data website DappRadar posted on social media "After seven years, it's time to say goodbye," announcing that the platform will shut down: "We have made the difficult decision to close the DappRadar platform. In the current environment, it has become difficult to achieve financial sustainability for a project of this scale. After exhausting all possibilities, we had to make this tough choice. When we started in 2018, this field was still in its infancy. There were very few early decentralized applications, and the number of explorers was limited, with many questions about the future of decentralized applications still unanswered. Inspired by Cryptokitties, we created DappRadar, hoping to help people explore and understand this new world. We have navigated through bull and bear cycles together. Proudly helping millions of users discover decentralized applications, conduct research and through

PANews, November 17 - According to Bloomberg, LevelField Financial Inc. has announced that it has received approval from the Illinois Department of Financial and Professional Regulation to acquire Burling Bank, headquartered in Chicago, and transform it into a full-service bank offering Crypto Assets services. This transaction still requires approval from the Federal Reserve Board of Governors. According to CEO Gene Grant II, LevelField aims to complete the transaction by the end of the year after obtaining regulatory approval and meeting other closing conditions. According to the application documents submitted to the Fed, LevelField agreed to spend up to $70 million to acquire the bank. This is the second attempt at a merger between the two parties. Earlier in early 2023, just before the collapse of SilverGate and Signature banks, LevelFie

PANews November 17 news, according to CoinDesk, the DEX aggregator 1inch has launched a new liquidity protocol Aqua, which aims to enable DeFi applications to share the same fund pool across multiple strategies without compromising users' asset custody rights. Developers can now access the Aqua Software Development Kit (SDK), codebase, and technical documentation on GitHub, with a complete front-end interface expected to go live in early 2026. Aqua introduces what 1inch calls the "shared liquidity layer," allowing funds in a single wallet to support multiple trading strategies simultaneously. Typically, users must choose a single strategy and lock their funds in a specific smart contract. However, with Aqua, these assets remain in the user's wallet and are only called upon by the strategy when a trade is executed. Specifically, liquidity providers can authorize their tokens for multiple strategies at the same time, such as self

According to ChainCatcher news, Hyperscale Data Inc. disclosed that the company released an early update on its Bitcoin Holdings due to market fluctuations. Between November 10 and 14, 2025, Hyperscale Data purchased a total of approximately 59.76 Bitcoins, with a total value of $6,000,231.97, and an average purchase price of $100,405.49 per coin.

CryptoQuant CEO Ki Young Ju pointed out that the current market pullback stems from the turnover among long-term holders, with early Bitcoin holders selling their chips to Financial Institutions, which tend to hold them for the long term. He stated that the market structure has changed, with strong on-chain capital inflows, and the positioning of sovereign funds and corporate treasuries will expand Bitcoin liquidity, making traditional cycle theories no longer applicable.

According to Foresight News, GoPlus has released an x402 ecosystem risk scanning report stating that several early x402 projects exhibit high-risk vulnerabilities such as excessive permissions, unlimited issuance, HonyPot, and signature replay. Among them, @402bridge previously caused the theft of over 200 users' USDC due to a permission vulnerability, and Hello402 also experienced a price drop due to unlimited issuance and liquidity issues. AI scanning shows that the following projects have serious hidden dangers that could directly withdraw assets or bypass authorization, warning users to be cautious of the risks associated with early x402 MEME projects: FLOCK (0x5ab3): the transferERC20 function allows the owner to withdraw any amount of any Token from the contract. x420

Gate News Bot news, on November 17, according to CoinMarketCap, as of the time of writing, ALLO (Allora) is currently priced at 0.20 USD, down 1.86% in the last 24 hours, with a high of 1.70 USD and a low of 0.19 USD. The 24-hour volume reached 114 million USD. The current market capitalization is approximately 40 million USD, a decrease of about 758,500 USD compared to yesterday. Important news about ALLO recently: 1️⃣ **The price fluctuated drastically on the first day of listing** ALLO experienced significant price volatility on its first day of listing, quickly falling from a high of $1.70 to $0.24. Such drastic price changes reflect a large divergence in market valuation for the project and may also suggest that a large number of investors chose to cash out quickly in the early stages of the listing. 2️⃣ **Volume surges but sell-off

On November 17, according to HyperInsight monitoring, the well-known player address (0x7b7b) from Roobet and Stake.com opened a 40x BTC short order with their entire holdings early yesterday morning, which has now fallen below the average position price, turning from profit to loss. The current holdings scale is approximately 123 million USD, with an average price of 95,270 USD and a liquidation price of 96,100 USD, which is about 0.52% away from liquidation. Currently, they also hold ZEC and XRP short orders, both of which are nearing liquidation.

Odaily News According to on-chain analyst Ai Yi's monitoring, swing trader nemorino.eth (0x8Ae...70E0D) bought 4,943 ETH at an average price of $3,452.65 on November 6, worth $17.06 million. 12 days after holding, the Address sold 5,000 ETH at a price of $3,087.69 early this morning, worth $15.43 million, incurring a loss of $1.804 million.

Trump invested over $82 million in corporate bonds and municipal bonds from the end of August to early October, involving multiple sectors including chip manufacturing, technology, retail, and Wall Street banks, totaling more than 175 transactions.

Golden Finance reported that Grant Cardone, CEO of the American real estate investment company Cardone Capital, stated early this morning on the X platform that the beauty of the dollar-cost averaging method is that Cardone Capital accumulates cash flow every month and uses this cash flow to buy Bitcoin at different price levels. An order has been placed for 935 coins - they are almost in hand.

BlockBeats news, on November 15, CryptoQuant analyst CrazzyBlockk stated that the Bitcoin market is heavily influenced by the profitability of new entrants, who represent new funds and liquidity. When this group of investors realizes profits, market confidence is strengthened, and the dynamic upward trend can continue. When short-term holders face losses of 20%-40%, it often triggers panic selling. In the past, this degree of pain marked the market entering a full capitulation phase. However, regarding the current extent of losses for this group, it is still far from a typical Bear Market signal. If new entrants can realize some profits, market support will gradually form, and this pullback is more likely to become a "mid-cycle correction" rather than the beginning of a Bear Market.