November 11th, U.S. Treasury Secretary Scott Bessent tweeted that the Treasury Department and IRSnews have issued new guidance aimed at providing regulatory support for crypto ETPs with staking functionality.The guidance clarifies the tax treatment of staking rewards within the ETP structure, providing an "explicit path" for asset management companies looking to offer exposure to digital asset yields. The new policy clarifies that staking rewards generated within the ETP structure will not immediately trigger a direct tax obligation for individual investors, addressing long-standing uncertainty around proof-of-stake cryptocurrencies in regulated investment vehicles.

November 11th, prominent crypto analyst @IamCryptoWolf posted on Platform X stating that in November, ETH is expected to form a clear higher low (as shown in the image below). Only after that, the market can be confident in reaching a new all-time high in December.Furthermore, the $3100 level is now a key support area. If the bulls hold this area, the trend can remain intact. If this area is breached, the bear market will begin.@IamCryptoWolf first shared their analysis on the Tradingview platform in 2014 and has 113k followers on Platform X.

November 11th, Binance was awarded the "2025 Regulation Asia Awards" 8th Annual "Best Cryptocurrency Exchange Platform" for its outstanding performance in regulatory management and continuously improving risk control capabilities. The award aims to recognize cryptocurrency exchange platforms that have made outstanding contributions to market leadership, innovation, and the establishment of a secure, transparent, and compliant trading environment. Binance stood out mainly due to its long-term commitment and continuous enhancement of its global compliance framework.One of the judges of the "Regulation Asia Awards" commented: "Binance's transformation in recent years is highly representative. The company has fundamentally reshaped its compliance foundation, demonstrating a determination to rebuild trust and assume responsibility, setting a new standard for the entire industry." In response, Binance CEO Richard Teng stated: "This honor recognizes Binance's commitment to driving industry development with a responsible attitude—a commitment to advancing with a rigorous compliance system and continuous innovation as the foundation. In recent years, we have made significant progress in building trust, strengthening our collaboration with regulatory and enforcement agencies, and promoting global financial inclusion."

November 11th, CryptoQuant CEO Ki Young Ju stated that if the Fee Switch mechanism is activated, Uniswap's price could experience a parabolic rise.Even if only considering v2 and v3, the protocol's trading volume since the beginning of the year has been $1 trillion. If the volume remains the same, approximately $500 million worth of UNI would be burned annually.The trading platforms hold only $830 million worth of UNI, so even if unlocked, a supply shock seems difficult to avoid.

November 11th, according to on-chain analyst Ai Yi (@ai_9684xtpa) monitoring, a whale/institutional address once again lent out 90 million USDT in the past hour, and has currently withdrawn 21,398 ETH (approximately $77.67 million) from BinanceSo far, the address has collateralized 109,575.56 ETH and borrowed 190 million USDT. Based on the price of ETH withdrawn from Binance, the average long position price is $3,573, with a total withdrawal of 75,417.43 ETH.

November 11th, according to an official announcement, Binance will stop supporting deposits of QuickSwap OLD (QUICKOLD) via the Ethereum and Polygon networks today.

November 9th, on Polymarket, the probability of T1 winning the League of Legends 2025 World Championship has risen to 97%, while KT Rolster's probability of winning has dropped to only 3%. The trading volume of this prediction market has now exceeded $16.5 million. T1's championship probability briefly fell to 39% when they were behind 1-2, but the match has now entered the final game.Defending champion and legendary player Faker is poised to achieve a three-peat and secure his sixth World Championship title of his professional career.

November 9th, according to HyperInsight monitoring, the "Former 100% Win Rate Whale" opened a 25x ETH long position in nearly 1 hour and continued to add to the position, with the current position worth approximately $6.8 million, entry price at $3,420.6, and liquidation price at $3,358.4.The "Former 100% Win Rate Whale," following its previous 14 consecutive wins, has a recent record of 14 matches and 7 wins.

November 9th, according to EmberCN's monitoring, the League of Legends 2025 World Championship has entered the final game. On Polymarket, the two largest bettors on whether the total champion will be T1 or KT are about to face the result of losing $1.58 million or winning $3.44 million.The largest bettor on T1's victory placed a $1.58 million bet. If T1 wins the final game, it will turn into $2.4 million;The largest bettor on KT's victory placed a $1.41 million bet. If KT wins the final game, it will turn into $3.44 million.

November 9th, on Polymarket, the 2025 League of Legends World Championship odds for T1 to win are currently at 59%, and for KT Rolster to win are at 41%. The trading volume of this prediction market has exceeded $16 million. T1's odds to win briefly dropped to 39% when trailing 1-2 in the series. The match is now entering the final game, with the current score tied at 2-2.Legendary defending champion player Faker is poised to achieve a three-peat at the World Championship and secure his sixth world title of his professional career.

November 9th. The National Computer Virus Emergency Response Center released the "LuBian Mining Pool Hacked, Massive Bitcoin Theft Incident Technical Traceability Analysis Report." On December 29, 2020, LuBian Mining Pool experienced a significant hacker attack, with a total of 127,272.06953176 bitcoins (valued at about $3.5 billion at the time, now valued at $15 billion) stolen by the attacker. The holder of these massive bitcoins is precisely Chen Zhi, the Chairman of the Cambodian Crown Prince Group. After the hacker attack, Chen Zhi and his Crown Prince Group separately posted messages on the blockchain in early 2021 and July 2022, calling out to the hackers, hoping they would return the stolen bitcoins and expressing willingness to pay a ransom, but received no response. Strangely, after the massive bitcoin theft, the bitcoins were transferred to a bitcoin wallet address controlled by the attacker and remained dormant for a long 4-year period, almost untouched. This behavior clearly does not align with the typical hacker's rush to cash out and pursue profits; rather, it resembles a precise operation orchestrated by a "state-level hacker organization." It wasn't until June 2024 that these stolen bitcoins were once again moved to new bitcoin wallet addresses and have remained untouched since.On October 14, 2025, the U.S. Department of Justice announced criminal charges against Chen Zhi and stated that they had seized 127,000 bitcoins from Chen Zhi and his Crown Prince Group. Various evidence indicates that the U.S. government seized these massive bitcoins from Chen Zhi and his Crown Prince Group, which were originally stolen by hackers through technical means from the LuBian Mining Pool bitcoins as early as 2020. In other words, the U.S. government had already used hacker techniques to steal the 127,000 bitcoins held by Chen Zhi in 2020, making this a typical "hack-on-hack" incident orchestrated by a state-level hacker organization.

November 9th, FTX creditor representative Sunil tweeted that FTX's total assets available for distribution to creditors prior to the payout amounted to $16 billion to $17 billion. A payout of $454 million is scheduled for February 18, 2025, $5 billion on May 30, 2025, and $1.6 billion on September 30, 2025, bringing the total distributed amount to $7.1 billion.The next scheduled payout is expected to occur in January 2026, with the deadline to determine eligibility for distribution potentially set in December (Sunil, the creditor representative, mentioned that the specific date is still pending an official announcement).

November 9th: Analyst Murphy published a post stating that the investor sentiment index is getting very close to the emotional bottom (red zone). If BTC does not experience a sharp rebound immediately, then we will see the effective triggering of this signal on a day next week. For traders on the sidelines waiting, a potential "best buying zone" may emerge.In past data, the optimistic zone between every two segments of the red panic zone corresponds to a major trend market. The recent indicator has always stayed in the indecisive zone, indicating that market investors' sentiment is constantly fluctuating, and there is no consensus on the future direction. This analysis is for learning and communication purposes only and does not constitute investment advice.

November 9th, according to HyperInsight monitoring, "Big Brother Ma Ji" Huang Licheng increased his 25x leveraged ETH long position for nearly half an hour, with the current position worth $13.2 million, at an opening price of $3,365.5 and a liquidation price of $3,321.4.

November 9, Binance founder CZ responded to the "burn of around $490,000 worth of Meme tokens," cleaning up the wallet, and leaving only BNB in the donation address. Next time, I might choose to sell the received Meme tokens on the market. If you do not want the tokens to be sold on the market, please do not send them to this address.After seven months, today CZ publicly burned around $490,000 worth of Meme tokens once again from the donation address.

November 9th, on Polymarket, the odds of T1 winning the League of Legends 2025 World Championship have risen to 67%, while KT Rolster's odds stand at 34%. The trading volume of this prediction market has exceeded $14.5 million. The match is now entering the third game, with the current score tied at 1-1.Defending champion and legendary player Faker is poised to secure a three-peat at the World Championship and claim his sixth world title of his professional career.

November 9th, according to GMGN data, ZENO continued to rise rapidly on a short-term basis, breaking through $0.013, with a market capitalization exceeding $13 million and a 24-hour price increase expanding to 90%.ZENO is a comprehensive platform dedicated to building a persistent digital layer in the physical world, aiming to connect the real world with the dynamic virtual world through a standardized system.BlockBeats reminds users that many Meme coins lack practical use cases, experience significant price volatility, and investment should be approached with caution.

November 9th: Hong Kong Financial Secretary Paul Chan Mo-po published an article titled "Promoting Financial Innovation and Technology Together." He pointed out that during this week's Hong Kong FinTech Week, the Hong Kong Monetary Authority announced the "Fintech 2030" strategy. The strategy focuses on four key areas: data and payment infrastructure, artificial intelligence, technology resilience, and financial tokenization. Over 40 specific measures were proposed with the goal of developing Hong Kong into a robust, resilient, and forward-looking international fintech hub. Hong Kong's two flagship innovation and technology centers—the Hong Kong Science Park and Cyberport—saw their startups raise a total of approximately HK$6 billion in funding over the past year.

November 9th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), after seven months, CZ's public donation address once again burned approximately $490,000 worth of Meme tokens, including:quq: $305,000;SIREN: $142,000;BNBCARD: $43,000.