News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
This week's key news highlights from November 10 to November 16.
Franklin Templeton's XRP ETF has been listed on the DTCC website with the ticker XRPZ.
![[Bitpush Weekend Review] 21Shares submits XRP spot ETF application to US SEC, review period begins; JPMorgan acquires stake in Ethereum reserve leader Bitmine, holding position valued at $102 million; US CFTC may allow the use of stablecoins as tokenized collateral in derivatives markets](https://img.bgstatic.com/multiLang/image/social/2a1a2173cbafb215a12f5cbcd176e38f1762708864006.png)
The native liquidity platform of the Berachain ecosystem, Kodiak, recently launched a new product, Kodiak Perps,...
Trump Media & Technology Group’s Q3 losses widened to $54.8 million, and it holds substantial amounts of bitcoin and CRO tokens; US consumer confidence has fallen to a historic low; a whale bought the dip in ZEC and made a profit; a bitcoin whale transferred assets; Michael Saylor called for buying bitcoin; the Federal Reserve may initiate bond purchases. Summary generated by Mars AI. The accuracy and completeness of this content is still being iteratively updated by the Mars AI model.
Web3 entertainment is moving from the retreat of the bubble to a moment of restart. Projects represented by MEET48 are reshaping content production and value distribution paradigms through the integration of AI, Web3, and UGC technologies. They are building sustainable token economies, evolving from applications to infrastructure, aiming to become the "Netflix on-chain" and driving large-scale adoption of Web3 entertainment.
- 18:44Exchange Policy Head: Full Reserve Support Makes Stablecoins Safer Than the Banking SystemJinse Finance reported that central banks in various countries have warned that market volatility triggered by tariffs could lead to stablecoin runs, which in turn may trigger a concentrated sell-off of U.S. Treasury bonds. The rapid expansion of stablecoins has already constituted a systemic risk, and large-scale redemption activities could impact global financial stability. Faryar Shirzad, a policy executive at an exchange, stated, "The fully reserved collateral mechanism makes stablecoins safer than the banking industry," and "their broader adoption would actually enhance stability." He further explained, "Banks issue long-term and often high-risk loans to individuals and businesses, exposing themselves to both credit risk and liquidity risk. In contrast, stablecoin issuers typically hold short-term government bonds, which are virtually risk-free and highly liquid."
- 18:44Data: If BTC falls below $82,648, the cumulative long liquidation intensity on major CEXs will reach $1.59 billions.According to ChainCatcher, citing Coinglass data, if BTC falls below $82,648, the cumulative long liquidation intensity on major CEXs will reach $1.59 billions. Conversely, if BTC breaks above $90,925, the cumulative short liquidation intensity on major CEXs will reach $964 millions.
- 18:20US Secretary of State calls US-Ukraine Geneva talks "productive"According to Jinse Finance, citing CCTV News, U.S. Secretary of State Rubio stated that the meeting between the United States and Ukraine held in Geneva, Switzerland on November 23 local time was the most productive and meaningful meeting between the two sides to date. Rubio said that the talks made good progress, but there is still some work to be done, and his team will provide more updates on the evening of the 23rd. Rubio noted that the results of the talks will ultimately require the signature and approval of U.S. President Trump.