Gate News Bot message, November 12th, according to CoinMarketCap data, ETH (Ethereum) is currently priced at $3,421.21, down 4.57% in the past 24 hours. The highest price reached $3,656.15, and the lowest dropped to $3,170.51. The 24-hour trading volume is $38.693 billion. The current market capitalization is approximately $412.929 billion, a decrease of about $19.765 billion from yesterday. ETH is currently ranked 2nd in the cryptocurrency market capitalization list. Recent important news about ETH: 1️⃣ **Institutional Investors Continue to Increase ETH Holdings** Republic Technologies raised $100 million through zero-coupon convertible bonds, with over 90% of the funds allocated to purchasing ETH. This reflects the continued confidence of institutional investors in ETH.

Upexi releases record-breaking quarterly financial report, with digital asset revenue exceeding $6 million, a 183% year-over-year increase. Net profit for the first fiscal quarter was $66.7 million, benefiting from approximately $78 million in unrealized gains from Solana reserves, making it the second-largest holder.

Gate News Bot message, November 12th, according to CoinMarketCap data, XRP (XRP) is currently trading at $2.39, down 5.88% in the past 24 hours. The highest price reached $2.58, and the lowest dropped to $2.11. The 24-hour trading volume is $4.447 billion. The current market capitalization is approximately $143.757 billion, a decrease of about $8.98 million from yesterday. Currently, XRP ranks 4th in the cryptocurrency market cap rankings.

Gate News Bot message, November 12th, according to CoinMarketCap data, as of press time, WAL (Walrus) is currently priced at $0.22, up 0.39% in the past 24 hours, with a high of $0.27 and a low of $0.19. The current market capitalization is approximately $337 million, an increase of about $1.32 million from yesterday. Recent important news about WAL: 1️⃣ **WAL Token Successfully Listed on Multiple Trading Platforms** WAL token has recently been successfully listed on several major trading platforms, including Alpha and spot exchanges. This move significantly enhances WAL's liquidity and accessibility, providing more trading opportunities for investors and helping to expand its market influence. 2️⃣ **Market Predictions Favorable for WAL's Future Performance** Several cryptocurrency analysis agencies

Upexi announces record-breaking quarterly performance, with digital asset revenue surpassing $6 million and total gross profit reaching $8.3 million, a 183% year-over-year increase. First-quarter total revenue was $9.2 million, with a net profit of $66.7 million, turning profitable primarily driven by Solana asset reserves.

Gate News Bot message, November 12th, according to CoinMarketCap data, ALLO (Allora) is currently priced at $0.46, down 72.77% in the past 24 hours. The highest price reached was $1.70, and the lowest dropped to $0.46. The 24-hour trading volume is $338 million. The current market capitalization is approximately $93 million, a decrease of about $248 million from yesterday.

Gate News Bot message, November 12th, according to CoinMarketCap data, as of press time, BTC (Bitcoin) is trading at $102,900, down 2.68% in the past 24 hours. The highest price reached $106,600, and the lowest dropped to $99,000. The 24-hour trading volume is $70.072 billion. The current market capitalization is approximately $2.05 trillion, a decrease of about $56.503 billion from yesterday. Recent important news about Bitcoin: 1️⃣ **TD Cowen Maintains Bitcoin Year-End Price Forecast** TD Cowen reaffirmed its overall outlook for Bitcoin at the end of the year, maintaining a baseline forecast of $141,277 for December 31. Additionally, they proposed more extreme scenarios: an upward scenario of $160,000 and a downward scenario of $60,

Gate News Bot message, November 12th, according to CoinMarketCap data, as of press time, PI (Pi) is trading at $0.22, down 3.77% in the last 24 hours, with a high of $0.23 and a low of $0.21. The current market capitalization is approximately $1.856 billion, a decrease of about $72.806 million from yesterday. Recent important news about PI: 1️⃣ **Testnet DeFi features continue to improve** Pi Network has launched new features on the testnet, including a decentralized exchange (DEX), automated market maker (AMM) liquidity pools, and token creation tools. Users can use Test-Pi for token swaps, liquidity mining, and other DeFi operations. The introduction of these new features indicates that Pi Network is actively expanding its ecosystem, paving the way for future mainnet D

Gate News Bot message, November 12th, according to CoinMarketCap data, as of press time, JCT (Janction) is reported at $0.00, down 47.08% in the past 24 hours, with a high of $0.01 and a low of $0.00. The 24-hour trading volume reached $69.7 million. The current market capitalization is approximately $44.6 million, a decrease of about $39.7 million from yesterday. Recent important news about JCT: 1️⃣ **Gate Exchange supports to drive short-term price increase** Gate Exchange recently announced support for JCT trading, providing more liquidity and trading opportunities. This move increased JCT's market exposure and attracted more investor attention, which was a key factor in the significant 141.87% price surge on the 11th. 2️⃣ **Ecosystem

Gate News Bot message, November 12th, according to CoinMarketCap data, as of press time, FET (Artificial Superintelligence Alliance) is priced at $0.33, down 5.74% in the past 24 hours, with a high of $0.44 and a low of $0.20. The current market capitalization is approximately $786.6 million, a decrease of about $47.84 million from yesterday. FET is currently ranked 80th in the global cryptocurrency market cap. Recent important news about FET: 1️⃣ **AI and Blockchain Integration Projects Gaining Attention** Fetch.ai, as a representative project of the integration of artificial intelligence and blockchain technology, has gained widespread recognition for its value proposition. Investors are optimistic about the application prospects of AI technology in the blockchain field.

Cryptocurrency exchange Coinbase and UK stablecoin startup BVNK have canceled acquisition negotiations, despite both companies entering due diligence. A Coinbase spokesperson stated that the two parties mutually agreed not to proceed with the deal, which was valued at approximately $2 billion.

Golden Finance reports that the stock price of Bitcoin miner Bitdeer Technologies Group (stock code BTDR) has fallen over 30% this week, dropping from slightly above $23 on Monday morning to about $16 on Tuesday. The company's third-quarter earnings failed to meet investors' expectations for significant artificial intelligence infrastructure upgrades, leading to a continued downward trend in the stock price for nearly a month. Despite this, Benchmark analyst Mark Palmer reaffirmed a buy rating and a target price of $38. In a stock report released on Tuesday, he noted that the sell-off "seems to reflect overly high investor expectations rather than any deterioration in the company's fundamentals." Palmer stated that Bitdeer's fundamentals remain solid in self-mining, hosting, and cloud services, with revenue increasing by 174% year-over-year.

California Governor Newsom criticized the Trump administration's proposal to sell offshore oil drilling rights on the U.S. West Coast, calling it "doomed to fail from the start," and accused Trump of not promoting the plan near his own resort, considering it a shameful act.

Jin10 Data, November 12th — On November 11th local time, it was reported that the Trump administration has officially determined that the current funding source of the Consumer Financial Protection Bureau is illegal. This move means that the agency will shut down after exhausting its existing funds in the coming months. Court documents disclosed on the evening of the 10th revealed this decision. The documents show that the Trump administration has concluded that laws prohibit the Consumer Financial Protection Bureau from seeking additional funds from the Federal Reserve, which is the agency’s usual funding source. In the submitted documents, the Consumer Financial Protection Bureau stated that its funds could last at least until the end of this year, but it is "expected to run out of existing funds in early 2026." Unless Congress passes a new appropriations bill, the Consumer Financial Protection Bureau will face a funding shortfall starting next year, potentially preventing it from carrying out necessary activities.

PANews November 12 News, the decentralized lending platform Curvance announced the completion of a $4 million strategic funding round. The lead investors are F Prime Capital and 0xPrimal, with participation from Auros, GSR, Flowdesk, Q42, v3v ventures, and others. The project is positioned as a decentralized lending and collateral platform, supporting collateralization of yield assets such as LST, LRT, stablecoins, Pendle PT, and LP tokens. The team states that the architecture is self-developed, incorporating

U.S. federal prosecutors plan to re-try two MIT graduates, James and Anton Peraire-Bueno, who were accused of stealing $25 million in cryptocurrency. The earliest scheduled trial date is set for February next year.

Jin10 Data, November 11th: Data shows that Russia's maritime crude oil shipments have declined for the third consecutive week, dropping to the lowest level in two months. The decreased volume and lower prices have impacted the Kremlin's revenue. Ship tracking data indicates that over the four weeks ending November 9th, Russia shipped an average of 3.45 million barrels of crude oil per day, about 130,000 barrels less than the same period ending November 2nd. Last month, the United States sanctioned Russia’s two largest oil producers, prompting some Asian buyers to reduce their purchases. It is difficult to determine exactly what procurement cuts are occurring, as tankers are delaying revealing their destinations as much as possible. Among the cargo loaded in the past four weeks, approximately 35% of ships still have no final destination shown, and the backlog of Russian crude oil on tankers that has not yet been delivered has increased. Among ships with unknown destinations, most appear to be heading towards the Suez Canal in Egypt, which means they are almost certainly...

Matter Labs CEO Alex Gluchowski stated that privacy tools are key to driving institutional adoption of blockchain. Institutions need to understand the transaction process while ensuring transaction privacy, a requirement referred to as "system-level privacy."

Turkish prosecutors have filed charges against Istanbul Mayor Imamoglu in a corruption case, demanding more than 2000 years in prison. This accusation could prevent Imamoglu from participating in the upcoming presidential election. The news triggered a sharp decline in the Turkish stock market, with the benchmark index falling significantly.

Odaily Planet Daily reports that the cryptocurrency trading protocol Lighter announced the completion of a $68 million financing round, led by Founders Fund and fintech investment firm Ribbit Capital, with participation from Haun Ventures and Robinhood. After this round of financing, Lighter's company valuation reached 15

Gate Instant Swap launched CC on November 11th and is hosting a one-week Instant Swap Airdrop event. Users who complete daily trades can share a reward of 200,000 CC. The event includes a welcome gift for new users, daily check-ins, and bonus challenges. Additionally, the platform supports over 2200 cryptocurrencies and offers zero-fee and fast trading services.

Nebius has signed a five-year AI infrastructure agreement with Meta, with expected annual revenue of $7 billion to $9 billion by 2026. The company's third-quarter sales increased by 300%, reaching $146 million, and cloud capacity is nearly sold out.

Capybobo launches doll clothing blind boxes, drawing inspiration from the Pop Mart model, combined with the PYBOBO token to achieve wealth leaps. It uses a transparent rarity system and airdrop incentives to enhance liquidity, aiming to serve a 48 billion yuan market, with a recent launch.

Odaily Planet Daily reports that the Lido DAO community has initiated a liquidity repurchase proposal to introduce an automatic repurchase mechanism for LDO. This mechanism will deploy LDO/wstETH liquidity across the entire range in a Uniswap-v2 style LP position and will be managed on Aragon.

The U.S. Small Business Confidence Index declined to 98.2 in October, the lowest in six months, primarily due to worsening profitability and diminished optimism. Although the report shows relatively optimistic hiring challenges, the outlook for activity improvement over the next six months has fallen to 20%.

Huobi HTX Annual Peak Competition has begun, with a prize pool of one million USD. The event includes a points race, individual challenge, and team competition. The individual challenge will launch on November 11th. Participating in spot and contract trading can compete for a $200,000 prize.

BlockBeats News, November 11 — According to Defilama data, among the mainstream Perp DEXs in the last 24 hours, Lighter has experienced a significant surge in trading volume, now surpassing Aster to take the top spot. Aster's trading volume over the past 24 hours has been halved, dropping from $11.94 billion yesterday to $5.7 billion. The current trading volumes for some Perp DEXs are as follows: Lighter approximately $10.69 billion with a TVL of about $1.152 billion; Hyperliquid approximately $8.71 billion with a TVL of about $4.799 billion; EdgeX approximately $5.82 billion with a TVL of about $491 million; Aster approximately

Gemini Space Station releases its first financial report after going public, with a net loss of $159.5 million in Q3, exceeding market expectations, mainly due to a surge in marketing and listing expenses. Despite revenue doubling year-over-year to $50.6 million, the stock price still fell by 8.67%.