BlockBeats News, November 11 — According to official sources, Grvt has launched a new revenue mechanism called Grvt Liquidity Provider (GLP) strategy as its native protocol treasury. It utilizes professional quantitative market making and risk hedging strategies to bring users stable on-chain returns. Official data shows that this strategy is jointly managed by LPs with over 40 years of experience and professional trading firms. After six months of live testing, it achieved an annualized return of approximately 48% with a Sharpe ratio of 7.6. GLP investment eligibility will be determined based on users' total trading volume history. Investors can also earn weekly from 15% of Grvt's TVL (Total Value Locked).

CryptoQuant indicates that the stablecoin supply ratio has dropped to a historic low, suggesting a large amount of capital is waiting to enter the market. Meanwhile, Binance's Bitcoin reserves have decreased while stablecoins have increased, signaling that liquidity patterns could potentially drive a Bitcoin price rebound. Analysts warn to watch key support levels to prevent a price correction.

Decentralized lending protocol Venus Protocol community proposes to adjust the Prime reward distribution plan for November, planning to allocate $117,700 (20%) of October's reserve earnings as rewards, mainly distributed to stablecoin market liquidity providers, and adjusting the distribution ratio to 75% USDT and 25% USDC.

Jin10 Data, November 10 - Sanai Health Group announced that on November 10, 2025, the company entered into an agreement with the buyer to sell its subsidiary's equity for approximately RMB 18.69 million, to be settled in cash. The sale constitutes a disclosed transaction for the company but is exempt from shareholder approval requirements. The highest applicable percentage ratio for the sale exceeds 5% but is less than 25%. After the transaction is completed, the company will no longer hold any interests in the target company, and the target company will no longer be an affiliate of the company.

PANews November 10 News, according to Coindesk, Zenrock's wrapped Zcash token zenZEC has reached a total trading volume of $15 million since its launch on the Solana blockchain on October 31. zenZEC combines Zcash's privacy features with Solana's high speed and enhances security through Zenrock's decentralized multi-party computation (MPC) network. zenZEC supports the native ZEC in a 1:1 ratio, using MPC technology to distribute private keys across multiple independent nodes, avoiding single points of failure and improving security. This token seamlessly integrates with decentralized exchanges and yield protocols on Solana, providing Zcash holders with their first true on-chain DeFi experience in 7 years. Currently, zenZEC is available on well-known DEXs on Solana.

Gate News bot message, according to the official announcement from the project team, LTO Network (LTO) has completed token migration. The new token is renamed to EQTY (EQTY), with a migration ratio of 1:1. Gate has completed this token migration and will open trading services for the new EQTY token at 14:00 UTC+8 on November 11, 2025. The new EQTY token is deployed on the BASE chain, with the contract address 0xC71F37D9bF4C5d1E7Fe4bCcB97e6f30B11b37D29. The platform will no longer support the old LTO token but will fully support deposit, withdrawal, and trading services for the new EQTY token, with the trading pair EQTY/USDT.

Modular data layer CARV announced its AI Agentic Chain mainnet upgrade "Shielded Mind" on November 7th, implementing privacy protection and data sovereignty through zero-knowledge proof technology. This upgrade introduces a dual-layer architecture and front-running resistance features, while the Cashie payment tool is also being updated. CARV has adjusted the airdrop timing and eligibility period, increasing the distribution ratio to 4%. Binance will list related perpetual contracts.

PA News, November 6 — Deribit announced on X that Bitcoin and Ethereum options worth over $5 billion will expire tomorrow at 16:00 (UTC+8). The Bitcoin options open interest indicates that, following last week’s drop below $100,000, market sentiment remains cautious. The maximum pain point remains around $108,000, with a put/call options ratio of approximately 0.83. Hedging activity is active, but there are no signs of panic. Open interest is mainly concentrated in $100,000 put options and $120,000 to $125,000 call options, reflecting the current market stance on Bitcoin. For Ethereum, recent price dips below $3,700 have led to a cautious but orderly market. The maximum pain point is near $3,800, with a put/call options ratio of about 0.9, indicating balanced and slightly defensive positioning. Open interest is concentrated around the $3,500 level.

According to Gate News bot, on November 6, 2023, Gate announced that it will launch the 336th Launchpool project Orochi Network (ON) Token Airdrop event. The airdrop event will take place from November 7, 2025, 21:00 to November 14, 21:00 ( UTC+8 019283746656574839201, with a total airdrop amount of 800,000 ON tokens. Users can participate by staking GUSD or ON, and the system will distribute rewards to users every hour based on the staking ratio. Orochi Network is a verifiable data infrastructure project focused on ensuring data integrity and privacy through advanced cryptographic technology, providing solutions for applications that require a balance of transparency and privacy. The project airdrop adopts a 100% instant unlock method, and Gate Labs did not participate in the investment of this project.

Golden Finance reports that LINEA has announced that the token burning mechanism has officially launched on the X platform. After this, every transaction on the LINEA will burn ETH and LINEA, directly reducing the token supply to implement deflation. All gas fees on LINEA are paid in ETH and collected through the fee contract. After deducting infrastructure costs, the remaining funds will be 100% burned, including 20% burned in the form of ETH and 80% converted to LINEA and burned on L1. In addition, the data tracking function for burned tokens has also been launched.

Odaily News According to DefiLlama data, Nasdaq-listed Solana treasury company Forward Industries (stock code: FORD) currently holds about 6.82 million SOL, with an average purchase price of about 232 USD. Based on the current price, the total value is approximately 1.2 billion USD, with unrealized losses of about 24.13%, accumulating to a loss of approximately 382 million USD. According to Yahoo Finance data, the company's stock price has fallen from a peak of 39.6 USD to the current 10.44 USD, a decrease of about 73.6%. Although Forward still holds SOL assets valued at 1.2 billion USD, the company's current total market capitalization has dropped to about 900 million USD, and its mNAV (market capitalization to net asset ratio) has fallen below 1, indicating that the market valuation is significantly lower than its book asset value.

According to ChainCatcher news and reports from Investing.com, the US-listed semiconductor company Sequans Communications (NYSE: SQNS) redeemed 50% of its convertible bonds by selling 970 Bitcoins. This transaction reduced the company's total debt from $189 million to $94.5 million. Sequans currently holds 2,264 Bitcoins, a decrease from the previous 3,234 Bitcoins. Based on current market prices, the company's net asset value in Bitcoins is approximately $240 million, and the debt-to-net asset value ratio decreased from 55% to 39%. The company's CEO Georges

Jin10 data reported on November 3rd, New Morning Technology announced that major shareholder and director Kang Lu, who holds more than 5% of shares, reduced his holdings of the company's shares by a total of 970,700 shares through centralized bidding and after-hours pricing transactions from October 24 to October 31, 2025. After the reduction, his shareholding decreased from 36,309,150 shares to 35,338,450 shares, accounting for a total share capital ratio that dropped from 12.1614% to 11.8363%, with the equity change ratio reaching an integer multiple of 1%. The reduction plan has not yet been completed.

Jin10 reported on November 3 that Sanda Membrane announced that due to its own funding needs, the company's Chief Financial Officer, Ms. Tang Jiajing, intends to reduce her holdings of the company's shares through centralized Bidding within three months after 15 trading days from the date of disclosure of this share reduction plan, not exceeding 133,762 shares (accounting for no more than 0.0403%). The price for the above share reduction will be determined based on the market price at the time of implementation. During the implementation period of the reduction plan, if the company has any changes such as stock distribution, capital reserve transfer to increase share capital, issuance of new shares, or rights issue, the number of shares to be reduced will be adjusted accordingly based on the company's latest total share capital at that time and the reduction plan ratio.

The latest reserve report from Gate shows that as of October 28, 2025, the total reserves reached $11.676 billion, with a reserve ratio of 124%, covering nearly 500 types of user assets. The USDT reserves have increased by approximately 300 million, and the excess reserve ratios of BTC and ETH have also improved, further demonstrating Gate's strength in asset security and transparency.

According to Foresight News, Bybit has released its 27th reserve proof (snapshot date October 22), with users holding 61,976 BTC, and Bybit wallet balance at 63,980 BTC, reserve ratio at 103%; users hold 5.8 billion USDT, and Bybit wallet balance at 6.38 billion USDT, reserve ratio at 110%; users hold 532,000 ETH, and Bybit wallet balance at 542,000 ETH, reserve ratio at 101%.

CryptoQuant founder Ki Young Ju stated that he has given up on predicting Bitcoin prices and is focusing on data analysis. Currently, the selling pressure of Bitcoin is greater than the demand, and the leverage ratio is still high. However, if the ETF resumes net buying, market momentum may restart. The current average cost across the network is $55,900, with unrealized gains of about 93%, and on-chain inflows are strong. Computing Power has reached a new high, mining companies are expanding, and the long-term fundamentals are promising.

According to a report by Jinse Finance and The Information, Kraken is raising funds at a valuation of $20 billion, up from $15 billion in August, and is expected to go public next year. This valuation will align its price-to-earnings ratio with that of its larger publicly traded competitor, Coinbase.

Jin10 data reported on October 31 that the ratio of copper prices to gold prices has dropped to its lowest level in the past fifty years, currently more than two standard deviations below its historical average. Given the relative cheapness of copper prices compared to gold prices, Jefferies believes that some degree of mean reversion is inevitable, with the fundamental driver of this correction expected to primarily come from the copper price side. Jefferies pointed out that the copper-to-gold price ratio is at a 50-year low, and this historical anomaly strongly indicates that copper priced in gold is currently undervalued. This suggests that, driven by potential market dynamics, the outlook for copper is bullish, and this valuation gap is expected to narrow.

Gate News bot message, on November 5, 2025, Gate announced the launch of MetYa (MY) Token spot trading and the initiation of the 315th HODLer Airdrop activity. Gate will open the MY/USDT trading pair on November 5, 2025, at 20:00 ( UTC+8. This airdrop event will distribute 109,890 MY tokens, and participating users must hold at least 1 GT, with rewards allocated according to the GT holding ratio, and the maximum participation limit for a single user is 1000 GT. The airdrop event will end on November 5, 2025, at 19:00 ) UTC+8. MetYa is an AI-driven SocialFi × PayFi ecosystem based on the BNB Chain. The project connects on-chain assets with real-world payments through MePay, allowing users to convert social interactions into value. The MY Token adopts the BEP-20 standard, with a total supply of 1 billion coins, and the contract address is 0xF0EBB572643336834d516C485ad31d3299999999.

Jin10 data reported on October 31 that Lyon published a report stating that ASMPT (00522.HK) adjusted net profit in the third quarter fell 24% from the previous quarter to HKD 100.6 million, lower than the market expectation of HKD 200.08 million, mainly due to a decline in gross profit margin. The report noted that the company's TCB business is progressing steadily, successfully obtaining the industry's first HBM4 12H order from two global high-end memory manufacturers. Mainstream business growth is benefiting from the demand for artificial intelligence. Based on a higher price-to-book ratio, the target price was raised from HKD 76.6 to HKD 95, and the rating was maintained at "outperform the market."

MicroStrategy (MSTR) reported a net profit of $2.8 billion for the third quarter, down from the previous quarter but exceeding analyst expectations. The company added 43,000 Bitcoins, bringing its total Holdings to 640,000 coins, with the market capitalization/Bitcoin net asset value ratio falling to 1.2 times, a new low for the year, while also raising the variable interest rate preferred stock dividend to 10.5%.

The public sale of the Layer-1 project MegaETH has ended, attracting 50,000 participants, with a total subscription amount reaching $1.39 billion and a subscription ratio of 27.8 times. The allocation and refund process will follow.

According to the Gate News bot message, the platform announcement dated October 23, 2023 Gate will launch the Meteora (MET) Points pre-OTC trading activity. According to the announcement, the trading deadline is October 23, 2025, at 21:30 (UTC+8, and the delivery time is from October 24, 2025, 00:00 to 02:00 )UTC+8. Meteora is a decentralized exchange based on the Solana ecosystem, dedicated to providing a secure and sustainable liquidity infrastructure. The total supply of MET tokens is 1 billion, and the transaction this time is for MET Points, which will be exchanged for future MET Tokens at a 1:1 ratio.

Jin10 reported on October 29 that Hangyang Co., Ltd. announced that CITIC Financial Assets, based on its optimistic outlook for Hangyang's development prospects and recognition of its value, increased its holdings in the company through Block Trading by 13.97 million shares on October 28, 2025, accounting for 1.43% of the company's total equity. After the increase, CITIC Financial Assets holds 48.92 million shares of the company, accounting for 5% of the company's total equity. This change in equity will not lead to a change in the company's controlling shareholder and actual controller.

According to BlockBeats news, on October 29, Play Solana announced that the TGE date for the PLAY Token will be announced soon. In addition, its gaming handheld PSG1 built on Solana has surpassed 10,000 units in sales and is currently being shipped. Previously, Play Solana announced that the first generation gaming handheld PSG1 will issue the PLAY Token, which went on presale on October 14, with a community allocation ratio of 56%. The price for Play Solana community members is $0.016 per coin, while the price for regular users is $0.020 per coin.

The Canary HBAR ETF and Canary Litecoin ETF will be listed on Nasdaq on October 28, becoming the first U.S. Spot ETFs. However, the asset sizes on the first day of listing were below market expectations, at $1.09 million and $969,000 respectively, with trading volumes also small, both at a net asset ratio of 0.01%.

Jin10 data reported on October 29 that the U.S. Senate voted on Tuesday to repeal Trump's 50% tariff on Brazil, with five Republican senators joining Democrats in voting in favor, passing with a vote ratio of 52 to 48. According to foreign media reports, this vote is seen as a symbolic condemnation of Trump's trade policy. However, House Speaker Johnson stated that there would be no vote on the bill, and even if it passed, Trump would not sign it into law.

Golden Finance reports that digital asset management company CoinShares has announced the launch of the staking-based TON exchange-traded product CoinShares Physical Staked Toncoin (CTON). It is reported that this ETP will directly invest in the underlying TON tokens at a 1:1 ratio, aiming to provide investors with exposure to TON investments.

Gate News bot message, on October 27, 2025, Gate officially released a notice regarding Limitless (LMTS) pre-market OTC trading. Gate will end the LMTS pre-market OTC trading on October 27, 2025, at 17:30 ( UTC+8 019283746656574839201, and the settlement will occur between 20:00 and 22:00 ) UTC+8 019283746656574839201. Limitless is a social prediction protocol platform that allows creators to configure markets and share with the community to earn trading fees. The total supply of LMTS tokens is 1 billion. This pre-market OTC trading is for LMTS Points, and upon completion of the transaction, they will be exchanged for LMTS Token at a 1:1 ratio.

Gate News bot reports that according to the official announcement from the project party Limitless, Limitless (LMTS) points will be exchanged for the official Token at a ratio of 1:1. The announcement shows that the total issuance of Limitless (LMTS) points and the official Token is 1 billion units. All completed LMTS point pre-OTC trading orders will be exchanged at a ratio of 1:1, and the total amount of the orders will remain unchanged. This token exchange follows the core logic of keeping the total market value of the token unchanged. Users can view the quantity of tokens exchanged in the historical orders of the pre-market OTC trading of LMTS points.

Odaily News According to the official announcement, Binance will support the contract swap of ApeCoin (APE) on the BNB Smart Chain (BEP20). The old APE token deposit and withdrawal will be suspended on October 29, 2025, at 03:00 (UTC), and the new APE token deposit will open on October 31, 2025, at 09:00 (UTC). The swap ratio is 1:1, and Spot, Leverage, Futures, and Coin Earn services are not affected. (This news was generated with AI assistance)

Gate News bot message, according to the announcement from Gate platform: Gate will delist the leveraged tokens related to LAUNCHCOIN. The platform will delist the two leveraged tokens, LAUNCHCOIN3L and LAUNCHCOIN3S, on October 25, 2025, at 15:00 ( UTC+8. After delisting, the platform will repurchase at the net value of the token at the time of trading cessation, and will automatically exchange the leveraged tokens held by users for USDT. The exchange proceeds will be credited to the users' accounts within 7 working days. The delisting is in conjunction with the token migration for the Launch coin on Believe )LAUNCHCOIN( project, which will exchange LAUNCHCOIN for the new token Believe )BELIEVE( at a 1:1 ratio.

Zhongke Feice announced that its Guotou Chuangye Fund plans to reduce its holdings in the company by no more than 10,504,896 shares, accounting for no more than 3%. The reduction will be divided into concentrated bidding and Block Trading, limited to 1% and 2% of the share ratio, respectively, with the reduction period set for three months within 15 trading days after the announcement.

Jin10 reported on October 24 that Ecovacs announced that its revenue for the third quarter was 4.201 billion yuan, a year-on-year rise of 29.26%; the net profit was 438 million yuan, a year-on-year rise of 7,160.87%. For the first three quarters, the revenue was 12.877 billion yuan, a year-on-year rise of 25.93%; the net profit was 1.418 billion yuan, a year-on-year rise of 130.55%. The main reason for the growth in net profit attributable to shareholders of the listed company is the overall revenue of the company during this reporting period, especially the year-on-year rise in revenue from the Ecovacs brand home service Bots business, the year-on-year improvement in gross profit margin, and the year-on-year decrease in expense ratio.

Gate News bot message, according to the Gate announcement on October 23, 2025: Gate will launch the 333rd Launchpool project Cygnus (CGN) token staking airdrop event on October 23, 2025, at 20:00. This event will last until November 4 at 20:00, with a total airdrop amount of 6 million CGN tokens. Users can participate in mining by staking GUSD, USDT, or CGN, and the system will distribute rewards hourly based on the staking ratio. Cygnus is a Web3 application layer project based on Instagram, dedicated to integrating on-chain and off-chain assets through Cygnus LVS technology, promoting the development of the creator economy. Gate has also launched exclusive activities for new users. New users who register after 8:00 on October 18, 2025, and participate in the USDT staking pool while meeting the conditions can receive a 100 USDT position experience voucher, with a total of 3,000 slots available. It is reported that Gate Labs did not participate in the investment of the Cygnus (CGN) project.

BlockBeats news, on October 23, according to official information, Qwen3 Max surpassed DeepSeek in the AI Cryptocurrency Trading competition held by the artificial intelligence research lab nof1, currently ranking first with a balance of $12,100 (+21%). Qwen3 Max8 explained that while its portfolio rose by 21%, its Sharpe ratio is negative. Therefore, it will maintain a 20x Bitcoin long positions with a take profit target set at $112,253.96 and a stop loss at $105,877.7. The current cash balance is only $96.8, so no new trades will be conducted for now. According to on-chain AI analysis tool CoinBob (@CoinbobAIbot), the Qwen3 Max8 Address was tracked and analyzed on October 21 at $107,993.

According to the Gate News bot, the project party Meteora (MET) has released the latest announcement, detailing the token economic plan and confirming the relevant details for the point redemption tokens. According to the announcement, the total issuance of Meteora (MET) points and tokens is 1 billion pieces, and both parties will exchange at a ratio of 1:1. All completed MET point pre-OTC trading orders will be converted into MET token orders, with the total order amount remaining unchanged. The project party stated that this conversion follows the core logic of maintaining the total market value of the token. MET points, as the token certificate for pre-market OTC trading, will be converted to the official token according to the established ratio.

Jin10 data, October 22 - Randall Bartlett, an analyst at Canadian financial company Desjardins, stated that the upcoming Canadian budget plan is likely to show that the federal government's debt-to-GDP ratio will be on a rising trajectory over the next decade. In the budget outlook, Bartlett expects the annual budget deficit for the 2025-26 fiscal year to reach approximately 74 billion Canadian dollars, which is more than 2% of GDP, reflecting increased defense spending to fulfill NATO obligations. The agency predicts that the federal debt-to-GDP ratio in Canada will approach 43% in the 2025-26 fiscal year and gradually rise to 46% within a decade. Looking back at the 2010s, this ratio in Canada remained at a low level of around 30% until the COVID-19 pandemic led to a surge in spending. Bartlett stated that he currently does not believe that the credit rating will be downgraded immediately.

PANews, October 22 - CryptoQuant analyst ShayanMarkets stated that the market value to realized value ratio (MVRV) of Bitcoin is an indicator to measure whether the asset is overvalued. This indicator recently fell below its 365-day moving average, indicating that the Bitcoin market may be forming a "cyclical bottom." The analyst mentioned in a report on Monday: "The MVRV ratio is currently close to 1.9, slightly below its 365-day moving average. Historically, every time this ratio falls below the 365-day simple moving average (SMA), it marks the arrival of a buying opportunity and a local bottom signal." The last time this occurred was in mid-2021, June 2022, and early 2024, after which the Bitcoin price rose by 135%, 100%, and 196% respectively. This ongoing pattern suggests that Bitcoin has once again "entered an undervaluation phase, where long-term holders typically.

According to the Gate News bot, the Turtle project party's latest announcement confirms that the Turtle (TURTLE) project has established its Token economic model. The project party announced that the total issuance of the Turtle (TURTLE) Token is 1 billion pieces, which is the same as the previously issued TURTLE points total. Based on this, all TURTLE points in pre-market OTC transactions will be exchanged for TURTLE Tokens at a ratio of 1:1. This exchange will keep the total order amount unchanged, and users' TURTLE points orders in pre-market OTC trading will automatically be converted to TURTLE Token orders in the same quantity.

Jin10 data, October 21 news: New Yi Sheng announced that Mr. Gao Guangrong, the company's controlling shareholder and actual controller, transferred 11.4307 million shares through Inquiry, accounting for 1.15% of the company's total share capital, with a transfer price of 328 yuan/share, totaling 3.749 billion yuan. After this equity change, Mr. Gao Guangrong's shareholding ratio decreased from 7.39% to 6.24%, reaching an integer multiple of 1%. This transfer does not lead to a change in the company's controlling shareholder and actual controller, and will not have a significant impact on the company's governance structure and ongoing operations.

Gate Alpha's trading volume rose significantly by 28.6% yesterday, covering the points Airdrop rewards at a high ratio. On October 20, the top three coins by trading volume were KOGE, Binance Life, and USD1. The platform supports multiple popular public chains, facilitating cross-chain Token transactions.

Jin10 Data reported on October 20 that Jiazhe New Energy announced that its shareholder GLP, considering its group strategy and business plan, intends to reduce its holdings through Block Trading and Bidding within three months after 15 trading days from the date of this announcement, with a reduction ratio not exceeding 3% of the total shares of the company, which is no more than 87,379,683 shares. Among them: the total number of shares reduced through Block Trading within any consecutive 90 days shall not exceed 2% of the total shares of the company, which is no more than 58,253,122 shares; the total number of shares reduced through Bidding shall not exceed 1% of the total share capital of the company, which is no more than 29,126,561 shares.

The decentralized stablecoin USDD has announced a drop in the minimum collateralization ratio and minting amount for Vaults, aiming to lower the entry barrier for DeFi participation and improve asset utilization efficiency. Specific adjustments include reductions in the collateralization ratios and minting amounts for different types.

Gate News bot message, according to the Gate announcement on October 20, 2025: Gate will launch Mumubit Token on October 20, 2025, at 20:00 ( UTC+8, 019283746656574839201, and open the MCTP/USDT trading pair. At the same time, the platform will initiate the 311th HODLer Airdrop event, with a total of 94,877 MCTP tokens to be airdropped. Mumubit was established in 2021 and is a decentralized node system platform supported by institutions such as the Polygon Foundation and Metis Foundation. MCTP is a token issued based on the ERC-20 protocol, with a total supply of 1 billion pieces, and the contract address is 0x98509e66FBf5a68d18EbB01dc4a52ce020fc8D1F. The airdrop event will last until October 20, 2025, 18:00 ) UTC+8 and will end on (. Participants must hold no less than 1 GT. This airdrop uses a 100% instant unlock method, with rewards distributed according to the GT holding ratio.