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.
- 03:15James Wynn faced 12 more liquidations in the past 12 hoursAccording to Jinse Finance, monitored by Lookonchain, due to the market rebound, James Wynn suffered another 12 forced liquidations in the past 12 hours. After experiencing 45 forced liquidations in the past two months, James finally completed a profitable trade—but instead of taking profits, he continued to increase his position. In the end, he was once again forcibly liquidated.
- 03:14Ripple executive: Hong Kong Monetary Authority can advance mutual recognition mechanisms for regulatory frameworksChainCatcher reported that Rahul Advani, Global Policy Co-Head at Ripple, stated that as other jurisdictions gradually establish stablecoin frameworks, the Hong Kong Monetary Authority can promote a mutual recognition mechanism for regulatory frameworks. When Hong Kong recognizes mechanisms from other regions, locally licensed stablecoins are expected to circulate in Hong Kong, while Hong Kong stablecoins can also circulate in other regions.
- 02:47Data: The crypto market is generally rising, with BTC surpassing $105,000 and ETH up over 7%.ChainCatcher news, according to SoSoValue data, the Senate has reached an agreement to extend government funding, resolving the government shutdown issue and reducing macro-level uncertainty. As a result, the overall crypto market has strengthened, with Bitcoin (BTC) rising 3.78% and breaking through $105,000; Ethereum (ETH) increased by 7.03%, rising above $3,600. In addition, the DeFi sector performed strongly, up 5.35%, with Uniswap (UNI) rising 12.03% and Aerodrome Finance (AERO) up 14.58%. Notably, MAG7.ssi rose 4.9%, DEFI.ssi increased 6.19%, and MEME.ssi was up 4.08%. Other standout sectors include: the RWA sector, which rose 5.16% in 24 hours, with Sky (SKY) and Keeta (KTA) up 5.97% and 13.76% respectively; the PayFi sector increased by 4.94%, with COTI (COTI) up 60.71% and Monero (XMR) rising 8.73%. In other sectors, the Meme sector rose 3.86% in 24 hours, with Giggle Fund (GIGGLE) up 20.96%; the Layer 1 sector increased by 3.11%, with Zcash (ZEC) up 11.93% within the sector; the CeFi sector rose 2.3%, with Aster (ASTER) up 9.06%; and the Layer 2 sector increased by 1.66%, with Starknet (STRK) up 9.34%. Crypto sector indices reflecting historical sector performance show that the ssiDeFi, ssiLayer1, and ssiRWA indices rose by 6.58%, 5.29%, and 4.92% respectively.