1. 🔬 Opportunities to watch

2. ❇️DeFi

a. New projects in the past day

b. Project list

Project list: TVL > 5m & (7-day new | 24h TVL change > 10%)

c. Related projects

  • Jupiter: The first Jupuary vote will open on November 25, seeking a 70% approval rate

3. 🌏Macro

  • In the past week, NFT trading volume reached $160.9 million, with buyers and sellers increasing by 52.93% and 46.74% respectively

  • Coinbase All Apps Rank: today 28, 7 days 71 60.56%, 30 days 454 93.83%

  • Coinbase Financial Apps Rank: today 1, 7 days 6 83.33%, 30 days 33 96.97%

4. 🐳 Whale movements

  • cbBTC circulating supply exceeds 16,000, with a market value of about $1.58 billion

  • Tether Treasury issued an additional 2 billion USDT on Ethereum 6 hours ago (authorized but not issued)

  • This week, Bitcoin spot ETF net purchases increased by 26,861.87 BTC, with BlackRock's IBIT accounting for 72.3%

  • A certain whale withdrew 6.5 million USDC from Aave in the past 4 days and purchased over $6 million worth of AAVE, MOG, LINK, and other tokens

  • In the past week, the circulation of USDC increased by about $1.4 billion, with total circulation exceeding $38 billion

  • A certain Ethereum whale bought 366.5 WBTC using 35.82 million USDT 7 hours ago

  • Token unlocks this week: 11 projects unlocking about $170 million worth of tokens

  • ZKasino project team borrowed another 8 million DAI last night to buy 2,301 ETH

  • 2 minutes ago, 20 million XRP was transferred from an unknown wallet to Bybit, valued at over $27.24 million

  • A certain whale is significantly accumulating $11.46 million worth of JTO, becoming its highest valued asset

  • In the past 8 hours, 6 new wallets withdrew 1110 BTC from Binance, valued at $107.7 million

  • A certain whale continues to accumulate ai16z, currently facing a loss of $290,000

  • 3 hours ago, luggis.eth sold 20,000 ILV on-chain for about $961,000

  • 1 hour ago, the Teneo wallet deposited 1 million WLD into CEX, valued at $2.4 million

  • A certain whale liquidated MATL 5 hours ago, resulting in a loss of $385,000

  • Two addresses holding 11 and 19 BTC respectively have been activated after 10.6 years of dormancy

  • 1 hour ago, DWF Labs deposited 1.68 million LIT into Binance, valued at $1.46 million

  • MicroStrategy founder Michael Saylor hinted at possibly increasing his Bitcoin holdings

  • A certain address containing over 740,000 DOGE was activated after 10.9 years of dormancy

6. 📃 Industry

b. Exchanges/Wallets

c. Public Chain/L2

  • Starknet: The integration phase for STRK staking's first phase has begun

  • Movement Labs has concluded Parthenon testnet activities and will announce more news soon

e. Regulation

  • U.S. SEC: A total of 583 enforcement actions taken in FY 2024, obtaining $8.2 billion in the highest financial relief in history

  • The court extended the pre-trial detention of Tornado Cash developer Alexey Pertsev

  • U.S. Congressman French Hill: Hester Peirce may become the new acting chair of the SEC

  • Tether spokesperson: The relationship with Cantor is purely professional, claims that Lutnick influences regulatory actions are completely unfounded

  • New SEC chair potential candidate Mark Uyeda advocates for establishing a regulatory sandbox in the crypto space

  • Gemini co-founder: The U.S. Department of Justice refused to charge SBF due to paperwork issues

  • NEO founder: The U.S. House of Representatives passed a new Bitcoin bill, recognizing it as a 'store of value' asset

  • U.S. Congressman Mike Flood: Looking forward to working with the next SEC chair to revoke the anti-crypto banking policy SAB 121

  • Ripple's chief legal officer provides suggestions to the SEC for new leadership to reform crypto rules

f. Security

  • Cosine: Phishing on Solana and Tron chains can change owners without taking private keys through a single signature

g. Others

  • pump.fun has accumulated nearly $230 million in revenue, with a total of about 3.74 million tokens deployed

  • WSJ: Cantor Fitzgerald has reached an agreement to invest in Tether

  • (Rich Dad Poor Dad) author strongly supports Michael Saylor's BTC strategy

  • Trump-nominated Secretary of Commerce Lutnick's company is negotiating with Tether to launch a $2 billion Bitcoin lending project

  • Elon Musk confirms X is preparing to launch a remittance feature in its X Payments service

  • Tassat partners with Veuu to provide blockchain-based health insurance payment services

  • In the past 24 hours, the entire network has liquidated $486 million: long positions liquidated $256 million, short positions liquidated $230 million

  • In the past 7 days, Binance's Bitcoin wallet balance decreased by 20,707.53 BTC, while Coinbase Pro decreased by 3,322.95 BTC

  • Aave's deposits reached $30 billion, comparable to the 64th largest bank globally

  • BabyDoge announces acquisition of GasPump

  • After using ChatGPT for six months, OpenAI's largest financial client evaluates: effective, but scalability is questionable

  • On November 27, the Federal Reserve will release the minutes of the November monetary policy meeting

  • The total open positions for BTC options across the network are $43.15 billion, and for ETH options are $8.19 billion

  • Japan's SBI Sumishin Net Bank offers securities-type tokens to its customers

  • Crypto-related PACs and their affiliates invested over $245 million in the 2024 U.S. election cycle

7. 🔧 Tools

8. 💡Opinions

  • VanEck research director: The likelihood of a Solana ETF being listed by the end of next year is very high

  • 2024 Devcon Revelation: Ethereum's 'North Star'

  • Lattice Fund co-founder: The current state, challenges, and future trends of the cryptocurrency industry

  • European Central Bank board member Villeroy: The decline in inflation enables the ECB to lower interest rates

  • Murad: Only memes with continuous growth and the most loyal communities can survive

  • Ordinals founder: Other than the Lightning Network, all other Bitcoin L2s are 'castles in the air'

  • Focus of the Australian ACC summit: TRON leads the trend of global financial inclusion

  • Uniswap founder: The killer use case for cryptocurrency is transferring value

  • Willy Woo: It seems that a large amount of funds are flowing into the Bitcoin network now

  • Blockchain Association CEO: Fairshake will remain active in the 2026 U.S. elections, the influence of the crypto industry cannot be ignored

  • The ETF Store president: The Solana ETF is expected to be approved by the end of next year at the latest

  • UniSat: The UniSat Indexer on Fractal will stop recognizing 'useless' BRC20 inscriptions

  • Analyst: The assets under management for the U.S. Bitcoin spot ETF are only behind the gold ETF by $23 billion, expected to surpass it before Christmas

  • Coin Center: Cautiously optimistic about the outlook for U.S. crypto policy, monitoring and tax areas still face challenges

  • 50 unlaunched projects in the crypto industry that are worth paying attention to

  • Jim Cramer prefers BTC over MicroStrategy stock: Bitcoin is the winner

  • TradingView data shows BTC market share has fallen below 59%

  • Today's fear and greed index fluctuates, still in an 'extremely greedy state'

  • Metafide CEO: Bitcoin will reach $500,000 by the end of 2027

  • VanEck reiterates the prediction that Bitcoin will rise to $180,000 in the current cycle: the next phase of the bull market 'is just beginning'