Odaily News The stablecoin protocol Yala stated that the team has noted the community's recent concerns regarding the stablecoin YU and is conducting an investigation into this matter, with updates to follow. Previous news: The Yala stablecoin YU has exhibited suspicious circumstances similar to USDX, with related addresses borrowing USDC at extremely high interest rates but failing to repay.

The largest hedge fund on Wall Street reduced its holdings in some tech giants, including Nvidia and Amazon, in the third quarter, while allocating new funds to areas such as application software and e-commerce. At the same time, the fund also reduced its investments in the healthcare and energy sectors. In this quarter, the market overall rose, with the S&P 500 and Nasdaq 100 indices rising nearly 8% and 9%, respectively.

Tom Lee of BitMine, an Ethereum treasury company, pointed out that the fall in the crypto assets market has exposed several hidden risks, such as issues with the balance sheets of market makers, but he expects these pains to be short-term. He emphasized that it is not suitable to use leverage at this time and mentioned that resolving the balance sheet issues may take 6-8 weeks.

WisdomTree's Head of Digital Assets Will Peck expects that an ETF holding a diversified portfolio of Crypto Assets will fill a market gap and become a new wave of investment. This portfolio can drop the risk of individual Tokens, making it easier for new investors to enter the field of encryption.

Odaily News The father of smart contracts, Nic Carter, stated in a post on the X platform that the 2025 cryptocurrency market situation is "worse" and is not alarmist. Although the market experienced a fall in 2022, there are still potential "catalysts," indicating that the issues of price decline can eventually be resolved. But now cryptocurrency has become the forgotten child, with artificial intelligence and Mag7 as the main characters. Retail investors are starting to follow data centers, quantum computing, and rare earth stocks. The market fall is due to market weakness, a lack of attention and buyers, and the aftermath of DAT's long-term slump, which means concepts like "four-year cycles" and "alternative investment seasons" are outdated. Now, to make a profit, one must genuinely create value, presenting a severe challenge for the market.

A certain Whale has recently shorted BTC, XRP, and ZEC on a large scale, with a total value exceeding 190 million dollars. Its short positions include BTC (40x), XRP (20x), and ZEC (10x), with the opening and liquidation prices detailed for each.

PANews November 16 news, according to Glassnode data, the relative profits of alts (Top 500) are stabilizing in the depth capitulation zone, with only about 5% of the supply in profit, while Bitcoin's profits have just started to decline sharply. This unusual divergence between Bitcoin and alts is unprecedented in previous cycles.

Odaily News Eric Balchunas, a senior ETF analyst at Bloomberg, stated that Bitcoin's rise of 122% last year, far exceeding traditional risk assets, did not trigger market skepticism; the slowdown in growth this year is a normal regression to the previous excessive gains. He noted that, based on a two-year average performance, Bitcoin still recorded a return of about 50%.

According to a report by Jinse Finance, emails from Jeffrey Epstein show that cryptocurrency entrepreneur and stablecoin issuer Tether co-founder Brock Pierce discussed Bitcoin with former U.S. Treasury Secretary Larry Summers at Epstein's townhouse in Manhattan. According to the email content, Pierce claims to be the "most active investor in Bitcoin," while Summers expressed a cautious interest and noted that market volatility poses reputational risks.

According to a report by Jinse Finance, Bloomberg ETF analyst Eric Balchunas stated that last year Bitcoin rose 122%, which is five times that of the S&P 500 index and GLD. Has any Bitcoin holder complained about this? Has anyone thought, "Wait a minute, the historical performance of Bitcoin relative to risk assets suggests it shouldn’t have risen this high, that’s terrible!"? No, you all enjoy this extra rise and double profits, so you got nothing this year, and the average increase still reached 50%. In my view, you are really lucky. Wishing you peace and happiness.

PANews, November 15th news, according to Jin10, former Fed Governor Kuggler faced an ethical conduct investigation before resigning, and Fed officials did not confirm former Fed Governor Kuggler's financial disclosure situation.

According to Jinse Finance, data from DefiLlama shows that the total market capitalization of stablecoins across the network is reported at 304.246 billion USD, a decrease of 0.41% over the past 7 days, with USDT's market share at 60.44%.

Odaily News According to on-chain analyst Ai Yi's monitoring, Address 0x1fc...FAEd5 borrowed 9.41 million USD to buy the dip 5 hours ago, ultimately spending 5.528 million USD at an average price of $3141 to buy 1760 ETH, with the remaining open orders not filled; currently, he holds over 60 million USDT0 and 68.68 million USD in $ETH.

The venture capital firm Founders Fund, led by billionaire Peter Thiel, held 928,389 shares of ETHZilla as of September 30, 2025, accounting for 5.6%, a decrease of 1.9% from 7.5% on August 4.

Anthony Scaramucci and his son AJ support the Bitcoin mining company American Bitcoin, founded by the Trump family, with AJ's company leading a $220 million financing round in July. Despite Scaramucci being a critic of Trump, he is actively involved in the investment.

Foresight News reports that the privacy security computing network Nillion will gradually migrate to Ethereum. The official stated that it will first migrate the treasury and NIL Token from NilChain to the Ethereum Mainnet, adopting a new ERC-20 token contract. In February 2026, the team will launch a cross-chain channel to the Ethereum Mainnet, allowing users to migrate NIL tokens from the Cosmos network to Ethereum and participate in activities directly within the Ethereum ecosystem. Additionally, next year, the team will deploy the Nillion L2 layer on Ethereum based on native smart contracts and network tools, enabling staking functionality, on-chain coordination mechanisms, and seamless integration with Nillion's private computing and storage layer through the existing wallets and infrastructure of developers.

Tether is rapidly increasing its gold reserves, currently reaching 12.9 billion USD, with a growth rate exceeding that of most Central Banks, while acquiring mining rights to gold mines to build a complete industrial chain. Analysts believe that Tether's strategy aims to hedge against the fluctuation of the dollar through gold, thereby enhancing the credibility of USDT.

Dephy has formed a strategic alliance with APRO to launch the world's first AI-assisted quantitative system, Dephy Apro System, focusing on RWA, AI-Agent, and Decentralized Finance prediction markets, marking a transformation in the blockchain smart economy, injecting self-learning and self-verifying capabilities into the smart economy, while the DAS token will also be launched.

Golden Finance reported that Stephen Innes, managing partner of SPI Asset Management, stated that important data will be released after the U.S. government reopens. The market's expectation of a slowdown may lower U.S. Treasury yields, aiding a rebound in gold. The recent pullback in gold prices is seen as a position adjustment, and the outlook for gold remains optimistic. Investors are focused on real yields, the dollar's movement, and economic data.

Odaily News GMGN data shows that the market capitalization of BSC Meme Token Hakimi has surpassed 44 million USD, currently falling back to 36.87 million USD, with a daily rise of over 40%. Odaily reminds users that the price of Meme coins fluctuates significantly, and investors should be aware of the risks.

PANews, November 15 news, according to on-chain analyst Ai Yi's monitoring, the swing trading whale 0x22a...6a2A0 is suspected of closing all positions with 5,772 ETH (18.43 million USD) accumulated between 09.09-10.09. If sold, it would incur a loss of 7.74 million USD, with holdings' assets shrinking by 29.7% over nearly two months. Among them, 5,728.07 ETH was bought on-chain at the price peak with an average price of 4,539.04 USD, with a total investment of 26 million USD, however, its WBTC has not yet been sold.

Golden Finance reports that Bitcoin fell below $95,000 multiple times on Friday, with a cumulative drop of 7.5% this week. An analyst stated that this round of selling appears more like a pullback in the middle of the cycle rather than the beginning of a full-blown Bear Market, as the current losses have not yet reached the level of "Capitulation dumping." The uncertainty in the market comes from investors' changing expectations regarding the Federal Reserve's policies: traders now anticipate that the probability of maintaining interest rates in December is only 56.4%, whereas just a month ago, the market believed the probability of a rate cut was as high as 94%.

Berkshire Hathaway, led by Buffett, has reduced its stake in Apple while adding $4.3 billion in Alphabet holdings, indicating a shift in its investment strategy. This could be Buffett's last batch of new stock investments before retirement. Besides Alphabet, Berkshire's other large positions remain stable, still focused on traditional companies.

Avenir Group, under Li Lin, held 18.297 million shares of BlackRock iShares Bitcoin Trust in the third quarter of 2025, with a market capitalization of 1.189 billion USD, becoming the largest institutional holder in Asia. The group continues to increase the position and participates in multiple encryption financial investments, launching a $500 million partnership fund to promote ecological expansion.

According to BlockBeats news on November 15, data from the market shows that Bitcoin's market capitalization (BTC.D) fell by 1.06% during yesterday's downturn, currently reported at 59.46%. As of the time of writing, the total market capitalization of cryptocurrencies is reported at $3.19 trillion, with the total market capitalization of alts reported at $1.29 trillion, while the total market capitalization of alts excluding Ether is reported at $914.2 billion.

According to ChainCatcher news reported by Cointelegraph, Tether Holdings SA announced that it has deployed approximately $1.5 billion in credit lines in the commodity trade financing sector and plans to "significantly expand" this business. The company stated that it will utilize nearly $200 billion in asset reserves to provide loans in USD and its stablecoin USDT, covering commodity transactions such as oil, cotton, and wheat. This move is seen as Tether's strategic transformation from a single stablecoin issuer to a comprehensive platform for "digital assets + trade financing," which may promote further integration of stablecoins with traditional physical assets.

ProCap's Chief Investment Officer Jeff Park stated that although the regulatory framework for the Crypto Assets market is complex, it is gradually becoming clearer. He believes that the CFTC's regulatory scope in the field of Crypto Assets will exceed that of the SEC, and emphasized the complex issues involving different stakeholders. Overall, the regulatory direction aligns with the industry's development.

Odaily News Multicoin co-founder Kyle Samani posted on X, stating: "This year, we have built a big position in ENA." Previously, it was reported that Multicoin Capital's Liquid Fund has announced an investment in Ethena Protocol's native token ENA.

Odaily News The DeFi community YAM stated in a post on X that it has observed dangerous signals from the Yala stablecoin YU. An address closely related to Yala is fully borrowing USDC and most of the YU funds from the Yala Frontier market on Eulur. Despite the interest rates remaining high, there have been no repayment actions. Currently, the market's capital utilization rate has reached 100%, which means lenders cannot withdraw any liquidity. The Euler team has also set the borrowing limit for the Yala market on Frontier to zero. It is reported that the Yala team has not responded to either the Euler team or Discord community users. YAM added that currently YU is in

Golden Financial reports that Mizuho Securities maintains a "underperform" rating on Circle stock, with analysts lowering the fundamental target price from $84 to $70. Circle's stock (ticker symbol CRCL) traded around $82 on Friday, down nearly 40% over the past month. Mizuho Securities analysts stated in a research report: "We believe the company's valuation fails to adequately reflect the major risks facing its mid-term earnings." The analysts also pointed out that potential risks include "upcoming interest rate cuts and relatively stagnant economic growth." High (and rising) circulation costs, as well as increasingly fierce competition among stablecoins.

According to ChainCatcher news and Jin10 reports, Barclays strategists expect the Fed to start purchasing treasury bills in February next year, after several key Fed officials hinted at expanding the balance sheet. Barclays strategist Samuel Earl stated, "Given the market's focus on repo rates, the Fed is in risk management mode, and preemptively starting asset purchases seems to be the most likely outcome."

Trump criticized Democrats on social media for using the Epstein incident to divert attention, stating that he would ask the Justice Department to investigate related connections and accused Democrats of chaos during the government's "shutdown."

Fed official Schmied stated that interest rate cuts may affect inflation, emphasizing the need to follow the overall inflation rate and the labor market. Despite overheating inflation and a cooling labor market, policies remain balanced, and adjustments to the short-term securities portfolio are expected. He supports halting the reduction of the balance sheet and remains vigilant about inflation expectations.

Golden Finance reports that the S&P 500 index and the Nasdaq have narrowed their declines, currently down 0.6% and 0.55%, respectively.

MicroStrategy's Bitcoin Holdings reportedly decreased from 484,000 to 437,000, a reduction of about 47,000 coins. Michael Saylor responded that this rumor is not true and stated that the company will continue to purchase Bitcoin, planning to announce the latest acquisition status next Monday.

According to Foresight News and the roadmap released in Zama's light paper, the Zama Testnet has been launched, with the Mainnet and TGE scheduled to go live in Q4 2025, and it is expected to expand to other EVM chains in the first half of 2026, deploying on Solana in the second half of 2026.

According to ChainCatcher news, Nasdaq-listed Bitcoin treasury and mining company LM Funding America has released its third-quarter financial report, which disclosed a mining output of 17.6 BTC in the third quarter, down from 18.5 BTC in the second quarter. As of October 31, the company's Bitcoin holdings were 294.9 BTC. Additionally, the company disclosed that it has spent $8 million to repurchase 3.3 million shares and warrants.

According to Bloomberg analysts, the SEC received over 900 registration filings during the government shutdown and is accelerating the processing. Registration statements without a delay of effectiveness clause can automatically take effect after 20 days, which may prompt some encryption ETF issuers to expedite their listings, with Bitwise's XRP ETF possibly becoming the next batch of candidates.

BitMine Immersion Technologies, Inc. announced the appointment of Chi Tsang as the new CEO, succeeding Jonathan Bates. The board also added three independent directors to further strengthen the company's role as a bridge between the traditional Capital Market and the Ethereum ecosystem.

Golden Finance reports that the Ethereum treasury company BitMine has appointed Chi Tsang as the Chief Executive Officer and a member of the company's board of directors, while also appointing three independent directors: Robert Sechan, Olivia Howe, and Jason Edgeworth. The chairman of the board remains Tom.

Golden Finance reported that the Bitcoin mining company American Bitcoin, related to the Trump family, released its Q3 2025 financial report, which disclosed an increase of approximately 3,000 BTC during the quarter. As of September 30, 2025, the Bitcoin holdings amounted to about 3,418 coins. In addition, the company's revenue for Q3 was $64.2 million, with a net profit of $3.5 million, and the total computing power reached approximately 25.0 EH/s, with mining capacity rising by about 2.5 times quarter-on-quarter.

PANews, November 14 - The Tongyi APP under Alibaba has been updated simultaneously on both iOS and Android and has officially been renamed to "Qianwen" APP, with the version number jumping directly from the 3 series to 5.0.0. The in-app UI has been completely replaced with the "Qianwen" brand, and the layout is closer to ChatGPT. Reports indicate that the overseas version of Qianwen is also under simultaneous development. Data shows that another AI assistant from Alibaba, Quark, has been surpassed in daily active users by Byte's Doubao in October, highlighting the pressure Alibaba faces in AI competition. The launch of Qianwen is seen as a key move for Alibaba to "start anew" in its AI strategy.

BlockBeats news, on November 14, the Nasdaq futures fell by 1%, the Dow futures fell by 0.44%, and the S&P 500 futures fell by 0.63%. The European stocks further expanded their decline during trading: the STOXX Europe 600 index fell by 1.5%, setting a new intraday low. The German DAX index fell by 1.4%, the French CAC40 index fell by 1.32%, and the UK's FTSE 100 index fell by 1.1%. (Jin10)

Golden Finance reports that due to the sluggish market, on November 14, the Crypto Fear and Greed Index fell to 16, entering the extreme fear zone. André Dragosch, Head of European Research at Bitwise, posted on X stating that when the Crypto Fear and Greed Index is below 20, Bitcoin's subsequent average performance is: 1 day +0.9%; 2 days +1.8%; 5 days +4.1%; 1 week +5.2%; 2 weeks +9.3%; 1 month +19.9%; 2 months +44.2%; 3 months +62.4%; 6 months +48.5%. He noted that many analysts believe the Crypto Assets Fear and Greed Index is just noise, but in fact, this index has historically continued to signal excess returns.

Lighter's average daily Trading Volume over the past 7 days was approximately $10.8 billion, ranking first among Perp DEXs with a market share of 23.1%; Aster and Hyperliquid ranked second and third respectively. Over the past 30 days, Aster's average daily Trading Volume was approximately $10.7 billion, reclaiming the first position, with Lighter and Hyperliquid following closely behind.

According to Foresight News, SBF's X account commented on Cursor's tweet announcing the completion of a $2.3 billion Series D funding round, stating that SBF expressed congratulations. Previously, FTX's trading arm Alameda Research invested $200,000 before Cursor's seed round financing in 2022. Due to FTX's bankruptcy, the liquidators sold this portion of shares at the same price as the initial investment.

Tron Inc. announced its third-quarter financial report for the period ending September 30, 2025, with a net profit of $12.174 million, turning from a loss to a profit, and shareholders' equity exceeding $239 million. The company's assets are stable, having secured a $110 million TRX investment, which has driven performance improvements.

Bitcoin broke below $100,000 amidst deteriorating macro sentiment, falling to a low of $98,000 and re-entering a Bear Market. The adjustment was triggered by weakened expectations of Fed interest rate cuts and a dumping of tech stocks. Analysts believe that if it falls below $80,000-$85,000, the risk of further decline increases, and it is advised to flexibly allocate across multiple markets using USDT.

Recently, the crypto market has been weak, leading to major DAT companies' market capitalization falling below the net asset value of crypto assets, with multiple companies' mNAVs being below 1, indicating market pressure. Specifically, companies such as BTC DAT Company Strategy and MARA Holdings are showing corresponding downward trends.

PANews, November 14th - According to a report by CNBC, Alibaba Group Holding Ltd.'s cross-border e-commerce division is planning to launch an AI-based subscription service and is collaborating with JPMorgan Chase & Co. to trial a payment solution "similar to a stablecoin," aimed at enhancing cross-border settlement efficiency. This plan may allow customers to use this digital payment tool for international trade and service transactions, thereby dropping the risks associated with exchange rate fluctuations and settlement times.