Popular Cryptocurrencies on CEX
Top 10 CEX trading volumes and 24-hour price changes:
- BTC: +0.70%
- ETH: +0.56%
- ZEC: -6.04%
- SOL: +0.35%
- XRP: -0.16%
- NEAR: -0.14%
- PEPE: -15.38%
- UNI: -7.15%
- HYPE: +0.13%
- BNB: +0.23%
24-hour price increase ranking (data source: OKX):
- NIGHT: +13.60%
- ICP: +3.62%
- GRAM: +3.52%
- PONS: +3.05%
- XLM: +2.17%
- AVAX: +2.15%
- NFT: +1.77%
- BTC: +0.79%
- ETH: +0.65%
- SOL: +0.48%
24-hour stock increase ranking (data source: msx.com):
- AXTX: +34.93%
- AAOX: +25.08%
- ANTA: +24.71%
- SNXX: +23.19%
- BEX: +22.33%
- DJT: +21.73%
- MUU: +20.33%
- STXX: +19.93%
- AXTI: +18.04%
- RAM: +17.45%
On-chain popular Meme Top 1 (data source: GMGN):
- mihao (Solana) — A cat-themed Meme from the Solana ecosystem, trader Ansem expresses optimism about its avatar community attributes and Chinese elements. The developer has locked 5% of the token supply for one year. Market cap is $17.2 million, with a 24-hour price increase of +40.05%.
Headlines
According to informed sources, the subscription orders for the initial public offering of AI company Anthropic PBC have reached several times the available shares, with investor demand continuing to rise, making this transaction likely to be the largest IPO in history. The demand mainly comes from large cornerstone investment intentions. Documents show that Claude chatbot developer Anthropic and its co-founders plan to raise up to $90.4 billion through the IPO and private placements, which combined will exceed SpaceX's IPO, becoming the largest IPO ever. Informed sources indicate that the specific arrangements for the IPO may still change. Anthropic is increasing IPO subscription demand through a series of activities aimed at potential investors, including a live online event scheduled for Friday, where the company's CEO Dario Amodei will appear alongside JPMorgan Chase CEO Jamie Dimon.
Nick Timiraos writes that after three consecutive strong inflation reports, the Federal Reserve's December rate hike is almost certain, with market focus shifting to the magnitude and pace of the hike, including a 25 basis point hike at each meeting, a one-time 50 basis point hike, or a signal for multiple consecutive 25 basis point hikes. Nick Timiraos notes that the Federal Reserve will hold a meeting on monetary policy on December 8-9, with the bigger question being whether this rate hike is a moderate adjustment envisioned by multiple officials to raise rates two to three more times, or the start of prolonged measures to suppress the economy and lower inflation. (The Wall Street Journal)
Industry News
OKXICE to launch round-the-clock tokenized stock trading on November 23
OKXICE will launch round-the-clock tokenized stock trading on November 23. Cryptocurrency exchange OKX and the parent company of the New York Stock Exchange, Intercontinental Exchange (ICE), will launch tokenized stock trading on November 23, allowing eligible U.S. users to trade around the clock. The platform will operate under a temporary innovation exemption from the U.S. Securities and Exchange Commission (SEC); 67 companies opposed listing their stocks on the platform, including JPMorgan Chase, McDonald's, SpaceX, and Coca-Cola. OKX expects the platform to go live with over 70 assets, including 59 exchange-traded funds (ETFs) and tokenized stocks of Coinbase, Circle, BitGo, Robinhood, and Strategy, along with Strategy preferred stock. (Cointelegraph)
MARA sells 13,597 Bitcoin for approximately $1.1 billion
Bitcoin News reported on X platform that MARA has sold 13,597 Bitcoin since the end of September last year, cashing out approximately $1.1 billion, accounting for about 40% of its then-held 34,000 Bitcoin. Its 10-Q filing shows that $750 million of the proceeds were used to repay Bitcoin-backed loans from Coinbase Credit and Two Prime, releasing 17,477 Bitcoin collateral. During the quarter, MARA's revenue fell 35% to $164.2 million, and the average price of Bitcoin it mined dropped 37% to $71,700. MARA plans to continue selling Bitcoin to fund AI data centers.
Coinbase approved to operate as a federally chartered national trust bank
Bitcoin News reported on X platform that Coinbase has received final approval from the Office of the Comptroller of the Currency to operate as a federally chartered national trust bank, focusing on institutional digital asset custody. The institution cannot accept retail deposits, issue stablecoins, or provide traditional loans. Coinbase plans to gradually migrate its existing custody business to this federal entity over the next three years.
BitMine disclosed in its 10-K annual report filed with the U.S. Securities and Exchange Commission that its net loss for fiscal year ending August 31, 2026, is approximately $6.313 billion, compared to a net profit of $349 million in the previous fiscal year. The loss primarily stems from changes in the fair value of digital assets, recording approximately $6.229 billion in unrealized losses on digital assets for the year, mainly due to the decline in Ethereum's fair value. The company’s total revenue for the year was approximately $125 million, with staking and validation services contributing approximately $121 million, accounting for about 97% of total revenue. As of the end of the fiscal year, BitMine held 5.9018 million ETH and 211 BTC, with an ETH cost basis of approximately $19.948 billion and a fair value of approximately $14.559 billion at the end of the period. According to BitMine's holdings update released on November 9, as of November 8, the company increased its ETH holdings to 6.0701 million ETH, accounting for approximately 4.97% of the ETH supply, with 5.2270 million ETH already staked.
New York Stock Exchange selects Avalanche as core ledger for tokenized securities platform
The New York Stock Exchange will use Avalanche as the core ledger technology for its planned tokenized securities platform, which will support round-the-clock trading, clearing, and settlement, still subject to regulatory approval. (Decrypt)
Project News
According to SoSoValue data, as of November 10, Eastern Time, the total net outflow of Bitcoin spot ETFs was $95.0012 million, marking four consecutive days of net outflows. The MSBT saw the largest single-day net inflow of $20.0251 million, with a historical total net inflow reaching $825 million; the IBIT saw the largest single-day net outflow of $78.2362 million, with a historical total net inflow of $64.810 billion. As of the time of publication, the total net asset value of Bitcoin spot ETFs was $92.824 billion, with an ETF net asset ratio of 6.26%, and a historical cumulative net inflow of $55.403 billion.
Glassnode reported on X platform that approximately 35.4% of the Bitcoin supply, or 7.12 million BTC, has its public keys visible on-chain and may become targets for future quantum computer attacks. Among them, address reuse accounts for 25.8%, and exchanges account for 11.6%. This exposure ratio has continued to rise from 24.8% in early 2021. Glassnode points out that transferring the relevant tokens to new addresses can eliminate this exposure risk.
On-chain analyst Yujin monitored that as the price of ZEC significantly dropped today and fell below $1,000, Abraxas Capital holds short positions in ZEC from two addresses on Hyperliquid — one related to Abraxas Capital (0xb83...6e36) and the other (0x5b5...8c060) — with unrealized profits on just the ZEC positions reaching $34.98 million. The total unrealized profit from the two currently unclosed positions is $118 million.
Elysium mainnet's first complete trading day DEX trading volume reaches $122 million
Adam reported on X platform that on the first complete trading day after the Elysium mainnet went live, the on-chain DEX trading volume reached $122 million, involving about 58,700 wallets. The Launchpad token contributed approximately $40.5 million to the trading volume, accounting for 33.2% of the total trading volume. Currently, Montra leads the Elysium ecosystem Launchpad track with a market share of 71.1%.
Investment and Financing
Index Industries completes $50 million seed round financing, led by Lightspeed Venture Partners
Index Industries completes $50 million seed round financing, led by Lightspeed Venture Partners.
Vision Makers completes $4 million financing, with participation from MH Ventures and others
Vision Makers announced the cumulative completion of $4 million financing through multiple rounds, with participation from MH Ventures, Castrum Istanbul, Titans Ventures, and others. The project primarily focuses on an AI-driven cryptocurrency research and trading platform.
Regulatory Trends
The Senate voted 49 to 50 to dismiss the CLARITY Act, with Emmer expecting to try again after the midterm elections. (Bitcoin.com News)
Cryptocurrency supporter Tom Emmer elected House Republican Whip
Tom Emmer has been elected House Republican Whip; as the Democrats win the midterm elections and are set to take control of Congress next January, he continues to serve as the Republican Whip. He defeated Texas Congressman August Pfluger with a vote of 103 to 76, who previously served as House Republican Majority Whip. As Minority Whip, Tom Emmer will coordinate Republican votes, develop legislative strategies, and push for party unity on important bills. He will work alongside Jim Jordan, who is about to become the House Minority Leader. (Cointelegraph)
As early as November 22, 2026, Russian exchanges can launch cryptocurrency trading
The Russian central bank has stated that Russian exchanges can initiate cryptocurrency trading starting November 22, 2026, but must reach consensus on trading rules with regulators in advance. The Russian Ministry of Justice has registered the central bank's instructions on organized trading of digital currencies and digital rights. According to the regulations, exchanges must register brokers, trust managers, central counterparties, and other participants in cryptocurrency trading, keep records of orders and transactions, monitor trading, and calculate current prices, weighted average prices, market prices, and closing prices, among other price indicators, and report trading information to the Russian central bank as they do for other existing assets. Previously, the central bank had finalized retail trading rules for cryptocurrencies, which will take effect on November 17.
Voices
DeFi researcher Ignas stated on the X platform that the current cryptocurrency market seems to lack new narratives that could drive short-term increases. Although the trend of institutional adoption of cryptocurrency technology continues, traditional financial institutions often do not need to buy cryptocurrencies directly to benefit significantly, making the investment logic of attracting institutions through token staking somewhat limited. The true upside potential may be more concentrated in stocks and private markets. Even more concerning is that many cryptocurrencies seem to be turning into "payment tools" for institutional collaborations rather than genuinely accumulating value from partnerships, with ordinary token holders potentially becoming liquidity exit points. Ignas cited HYPE and AVAX as examples, noting that HYPE’s transaction logic driven by news related to the NYSE may have already been fulfilled, and subsequent observations will need to focus on related licenses rolling out and their actual impact on buybacks; while AVAX, despite collaborating with the NYSE, still needs verification on how much value the core ledger technology provided to the NYSE can bring to the AVAX token. Should expectations of monetary easing arise, Bitcoin may have the potential to rise, but this situation may be hard to come by before the AI bubble bursts, and a collapse in the AI market may initially impact crypto assets.
Jiang Zhuoer, founder of the Litecoin Pool, stated that the bull market is still ongoing, with many on-chain metrics and long-term indicators showing that the bear market has ended. He believes that when Bitcoin dropped to $57,758 in July, it created a bottom for this bear market. Jiang Zhuoer noted that the market needs to focus on whether this round of correction will ultimately stop at the Fibonacci 50% retracement level of $72,500 or further dip to the 61.8% retracement level of $69,000 to $70,000. On trading, Jiang Zhuoer revealed that after the Binance hack incident, he bought a DeFi small coin at $76,600, believing there was no problem from a long-term trading perspective, but simultaneously holding a 100% position in Bitcoin long was an error of mixing long and short trading. Afterward, when Bitcoin dropped to $72,700, it hit his 5% stop-loss line, forcing him to establish a hedge short position at $73,000. Jiang Zhuoer mentioned that he will temporarily step back and observe, planning to close the earlier established $73,000 hedge short position if Bitcoin further drops to $70,500.
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