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11:00

Russia’s second-largest bank VTB plans to launch cryptocurrency trading services through brokerage accounts in 2026

PANews, December 4—According to Cryptopolitan, Russia’s second-largest bank, VTB, plans to allow investors to buy and sell cryptocurrencies through its brokerage accounts. At an international investment conference held in Moscow this week, the head of the bank’s brokerage services department announced the news. Currently, VTB is offering clients the opportunity to invest in cryptocurrency derivatives and plans to provide direct investment channels for digital assets next year. VTB plans to launch its cryptocurrency trading service as soon as it receives regulatory approval for the business. Russian financial regulators have indicated that this move is likely to be implemented in the coming months. At that time, VTB’s clients will be able to directly buy, hold, and sell crypto assets such as Bitcoin through their individual investment accounts or regular brokerage accounts.
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BTC-0.27%
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08:17

SUI Price Prediction: Regulated CEX Enters New York Market, Bullish Probability Rises to 40%

SUI may see an upside potential of up to 40% in the coming days, with the most significant positive factor being that a US-compliant CEX is expanding its trading services to the New York market. New York is considered one of the most strictly regulated crypto markets in the US, and this move means that previously restricted institutional investors, registered investment advisors, and retail investors can now officially access SUI, significantly increasing the token's liquidity and regulatory recognition. Meanwhile, traditional financial giant Vanguard has also indirectly included SUI through its tradable "Top Ten Cryptocurrencies" funds—including 21Shares (TTOPP) and Bitwise (BITW)—thereby attracting more conservative and long-term oriented traditional financial capital. For investors unable to hold crypto assets directly, this opens another compliant investment channel for SUI.
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SUI-2.58%
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06:34

Data: The three largest HYPE short sellers on Hyperliquid all hold large amounts of spot positions, and Abraxas’s spot holdings have surpassed its short positions.

BlockBeats News, December 4th, according to monitoring by HyperInsight, most whales with short positions exceeding $10 million on Hyperliquid are simultaneously holding spot positions. Among the top 3 addresses on the HYPE short position leaderboard: the largest HYPE short, "BobbyBigSize," holds a short position of approximately $51.5 million and a spot position of about $11.85 million; "Abraxas Capital" holds HYPE short positions totaling about $71 million across two addresses, and has been continuously increasing its HYPE spot holdings since the beginning of this month, rising from $56 million to $63 million in the past 3 days; "Flash Swing Hunter" holds a HYPE short position of approximately $32.91 million and a spot position of about $6.68 million.
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HYPE0.96%
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15:41

Russian prosecutors apply to seize nearly $30 million in assets from former investigator involved in WEX "cryptocurrency bribery" case

PANews, December 3—According to DL News, Russian prosecutors are seeking to confiscate a large amount of luxury assets from fugitive secret service official Georgy Satyukov. He is accused of accepting bribes worth $184 million in Bitcoin and $30 million in Ethereum from operators of the now-defunct WEX cryptocurrency exchange. Investigators have identified assets worth $29.6 million allegedly linked to Satyukov's bribery case. Prosecutors claim Satyukov used illicit funds to purchase 13 Russian apartments, several non-residential properties in St. Petersburg, a villa in the UAE, and a million-dollar property in Saratov registered under his brother's name. The investigation also found two Porsche Cayenne Turbos registered to him, seven Patek Philippe watches, and other jewelry with a total value exceeding $1.3 million. His family’s bank accounts still hold over $15 million in cash and
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BTC-0.27%
ETH2.75%
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13:02

Parataxis Holdings plans to acquire Sinsiway for $27 million and transform it into an ETH asset management company.

Odaily Planet Daily reports that Parataxis Holdings has announced plans to acquire data security company Sinsiway for $27 million, and to transform it into an Ethereum (ETH) asset management company renamed Parataxis ETH, making it South Korea’s first ETH treasury platform backed by U.S. institutional capital. The new entity will hold ETH as a core part of its strategy, linking traditional finance with on-chain assets, and will become Parataxis
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ETH2.75%
10:53

Beating, under Rhythm, will co-host a crypto payment-themed AMA with "Zhi Wu Bu Yan" tonight at 20:30.

According to BlockBeats, on December 3rd, the in-depth content brand "Beating" under Rhythm, together with the crypto payment podcast "No Payment, No Talk," will hold an AMA titled "Using Crypto Payments in Argentina with 200% Inflation? We Tested It for You!" at 20:30 (UTC+8) on December 3rd. Guests include Hazel (@0xHY2049), founder of No Payment, No Talk and manager of the Chinese Public Goods Fund GCC, as well as Planker DAO contributors.
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10:26

Two major whales, each holding positions worth over $10 million, have been trading against each other, with the long-short standoff lasting for half a month.

BlockBeats news, on December 3, according to HyperInsight monitoring, since November 17, the "long basket of altcoins" whale (0xa2c) and the "lead altcoin short seller" whale (0xa31) who has been shorting 22 tokens since November 2, have been trading against each other for half a month. Both parties hold very similar tokens, have not made significant portfolio adjustments recently, and the total size of their positions is similar. The latest details of the two whales are as follows: "Long basket of altcoins" whale: currently holds long positions in 20 altcoins, with overall unrealized losses narrowing from $4.9 million yesterday to $2.34 million, and a total position size of about $25.1 million. Currently, only FARTCOIN, SOL, and LINK have small unrealized profits totaling about $320,000; "Lead altcoin short seller" whale: currently holds short positions in 22 altcoins, with a position size of about 22.8
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SOL0.57%
HYPE0.96%
03:58

Stable supported by Tether announces the STABLE token economic model, with the mainnet about to enter the deployment phase.

Stable, a Layer 1 blockchain project backed by Tether, has announced the full tokenomics of its native token STABLE, with the mainnet launch countdown underway. The network is positioned as a high-throughput stablecoin trading infrastructure, aiming to build a large-scale payment and settlement environment for stablecoins such as USDT. According to official information, the total supply of STABLE is fixed at 100 billion tokens, which will be used for governance, network security, and ecosystem incentives, rather than for daily payments. Stable emphasizes that users do not need to hold STABLE to transact on the chain; all settlements will still be conducted in USDT. STABLE will primarily serve as a governance and staking asset, used to maintain network security, coordinate upgrades, and drive long-term ecosystem development.
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14:22

Sonnet BioTherapeutics has received shareholder approval to merge with Hyperliquid Strategies, Inc.

PANews, December 2nd news, according to market news, the Nasdaq-listed biotechnology company Sonnet BioTherapeutics has received shareholder approval to merge with Hyperliquid Strategies, Inc. According to previous news, the listed company Sonnet plans to rename itself to Hyperliquid Strategies through a merger transaction, and is expected to hold 12.6 million HYPE and 300 million in cash.
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HYPE0.96%
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09:59

Solana (SOL) has fallen 57% since the beginning of the year: can the key support of 120 dollars hold?

Solana (SOL) has accumulated a fall of about 57% since reaching its historical high of 295.83 USD at the beginning of the year, and is currently hovering within a long-term support zone around 120 USD. If it breaks this key support, SOL may face deeper dumping pressure, with the next major support level around 71 USD, indicating a potential further fall of 40%. The technical indicators show that SOL has strong bearish momentum. The weekly RSI has formed a bearish divergence and has fallen below 50, while the MACD is also in negative territory, indicating that the bearish forces are dominant. The price of SOL has been constrained within the range of 120-250 USD for a long time, and if this range is broken, it will trigger a clear trend reversal to bearish. The daily chart shows that SOL is under pressure below the descending resistance trend line, lacking rebound signals in the short term.
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SOL0.57%
08:24

BitMine increased its holdings by 23,773 ETH over three days, investing $70 million to position itself for a potential Ethereum rebound.

BitMine Immersion Technologies has accumulated a total of 23,773 Ether over the past three days, worth approximately $70 million, further solidifying its position as the largest enterprise-level ETH holder in the market. This round of operations includes the purchase of 7,080 ETH yesterday and an additional 16,693 ETH bought over the weekend, bringing its total open interest to over 3.7 million, accounting for more than 3% of the total supply of Ethereum. According to Lookonchain's on-chain tracking data, BitMine has recently been continuously increasing its holdings through FalconX, and the buying power for Ethereum has been particularly prominent during the recent turbulent market conditions. The company has previously stated that its long-term goal is to hold 5% of the total supply of Ethereum, and it has currently achieved about 63%. In just November, BitMine accumulated nearly 150,000 ETH in the face of continuous price corrections, demonstrating a long-term optimism for this asset.
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ETH2.75%
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07:32

The US Spot XRP ETF has reached Holdings of 318 million XRP in three weeks since its launch, worth nearly 650 million dollars.

The Spot XRP exchange-traded fund (ETF) launched in the United States has accumulated 318 million XRP in less than three weeks, worth approximately $648 million at current market prices. The covered funds include Canary Capital, Bitwise, Grayscale, and Franklin Templeton, along with the REX-Osprey fund, bringing the total assets under management of the US XRP ETF to over $775 million. Canary Capital's XRPC ETF leads with nearly $347 million in assets under management and sets a record for the highest trading volume on the first day of an ETF launched in the U.S. in 2025. Canary CEO Steven McClurg stated that this strong debut demonstrates significant interest from institutional investors in regulated XRP investment vehicles and suggests that investors prefer to hold XRP through an ETF without the need to manage wallets themselves. The XRPC ETF provides secure services through institutional-grade custody while tracking the price of the native token on the XRP Ledger.
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XRP-1.51%
SOL0.57%
DOGE0.09%
HBAR-2.96%
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05:55

0G (0G) 24-hour pump 10.02%

Gate News Bot message, December 02, according to CoinMarketCap data, as of the time of writing, 0G (0G) is currently priced at 1.19 USD, having risen 10.02% in the last 24 hours, reaching a high of 1.25 USD and a low of 1.14 USD. The current market capitalization is approximately 253 million USD, an increase of 23.31 million USD compared to yesterday. 0G Foundation is the manager of decentralized AI as a public good. It supports the world's first AI Layer 1 designed for transparency, verifiability, and scalability. The mission of the 0G Foundation is simple: to hold AI accountable to the public, ensuring transparency, fairness, and alignment with human needs. 0G is building the world's first decentralized AI operating system, providing modular storage, scalable data availability, and verifiable computation, at a cost that is just a fraction of traditional methods.
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0G-0.37%
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03:46

The Central Bank of Sweden released a research report on stablecoin policy, indicating that the regulatory paths of the US and Europe are gradually becoming more aligned.

PANews, December 2 - The Riksbank of Sweden has released a research report indicating that despite different regulatory frameworks, there is a gradual substantive convergence in stablecoin policies between Europe and the United States. The report focuses on three major dimensions of central bank policies: whether to allow stablecoin issuers access to settlement systems, whether central bank reserves can be used as collateral, and whether liquidity support can be obtained. Currently, while the law in both Europe and the U.S. permits the use of central bank reserves, there are still operational limitations. The European Central Bank has allowed some non-bank payment institutions to hold central bank account balances for transaction flows, but has not opened up the use of stablecoin backing.
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10:43

Zama will hold a Dutch Auction from January 12 to 15, intending to sell 10% of the ZAMA supply.

Foresight News reports that the FHE Cryptography company Zama announced it will sell 10% of its ZAMA Token supply through a Dutch auction on Ethereum. The auction will take place from January 12 to 15, and distribution will begin on January 20. The auction uses the Zama protocol to maintain bid confidentiality, aimed at achieving fair distribution and real price discovery, avoiding Bots snatching and Gas Fee wars, and the tokens will be unlocked immediately after the auction ends. ZAMA is the utility token of the Zama protocol, primarily used to pay for encryption and decryption fees, and can be staked or delegated to operators, helping to protect FHE coprocessors and KMS Nodes. The Zama Mainnet is expected to launch by the end of the year, and ZAMA will be fully online before the auction.
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09:48

Placeholder Partners: High-quality encryption assets may see opportunities for "100x returns" similar to that of US tech giants in the coming decades.

BlockBeats news, on November 30, former Ark Invest crypto head and current Placeholder VC partner Chris Burniske stated: "Since January 2002, equal-weighting Amazon, Apple, Microsoft, and Nvidia has yielded returns over 100 times. In the coming decades, some high-quality mainstream crypto assets may also encounter similar historic opportunities that are public and liquid. It is reasonable to reduce position appropriately during times of extreme market euphoria, but maintaining a long-term hold on most positions will still be the most critical capability."
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15:43

Macroeconomic Outlook for Next Week: Fed's Week of Guidance, Data Flood Approaches

Due to technical issues at the CME, Spot gold and silver have experienced significant Fluctuation this week, with gold rising nearly $150 to return above $4200, and silver rising to $56, reaching an all-time high. Next week, the Fed will hold a meeting, and the market will follow the release of several economic data, with increased volatility expected. The probability of a Fed rate cut has risen to 80%.
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01:21

ZEC (Zcash) fell 8.16% in 24 hours.

Gate News Bot news, on November 28, according to CoinMarketCap, as of the time of writing, ZEC (Zcash) is currently priced at 486.95 USD, falling 8.16% within 24 hours, with a high of 696.21 USD and a low of 471.55 USD. The 24-hour volume reached 843 million USD. The current market capitalization is approximately 7.991 billion USD, a decrease of about 710 million USD from yesterday. ZEC currently ranks 16th in market capitalization of Crypto Assets. Important news about ZEC recently: 1️⃣ **The SEC will hold a roundtable to discuss the privacy issues of Crypto Assets** The U.S. Securities and Exchange Commission plans to hold a roundtable discussion on December 15, focusing on privacy and financial regulatory issues in the encryption industry. This meeting will address concerns raised by privacy tools such as cryptocurrency mixers and privacy tokens.
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00:47

Alliance DAO Co-founder: It's hard to convince myself to hold L1 Token for the long term, as there is no "moat".

BlockBeats news, on November 28, Alliance DAO co-founder QwQiao posted on social media stating, "The reason I find it difficult to convince myself to hold L1 public chain tokens long-term is not because their price-to-earnings (P/E) ratios are high, but because they lack a moat. Without a moat, they will become commoditized and fail to capture meaningful value. Nowadays, users can easily transfer across chains. Apart from a few complex smart contracts, most application developers can quickly migrate from one chain to another. Moreover, launching a new chain is easier than ever. The switching costs for Blockchain are far less than that of infrastructures like AWS. The only way I see chains strengthening their moats is by verticalizing and controlling the Application Layer. My observation is that Solana, Base, and...
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SOL0.57%
HYPE0.96%
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13:38

Alliance DAO warns cryptocurrency users trading US stocks: You think you are a shark, but you are actually just a fish.

Odaily News Alliance DAO co-founder responded to the previous viewpoint that "crypto bros will face stronger opponents when trading U.S. stocks" by stating that he is clear about this because he himself was one of the "professional counterparties" in the U.S. stock market ten years ago. He stated, "In the U.S. stock market, about 1 in every 20 trades is against my counterparty. I know my level at that time, and I am aware of the strength of my peers like Jump, Citadel, etc.—any market inefficiency you can think of has been completely squeezed out by us." He emphasized that retail investors might "get lucky for a few months," but the only way to make stable profits in the long term is straightforward: buy quality assets and hold them long-term, most likely index funds. If everyone does this, the professional trading industry will not be able to sustain itself. He concluded by writing: "The worst performer at the table.
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12:12

Tether's gold holdings increased to 116 tons, matching that of small Central Banks, and the tokenization of the gold market is receiving attention.

Tether has recently doubled its holdings in gold, attracting market attention. Analysts believe this could be a strategic move to lay out a tokenization plan for the gold market, aimed at meeting the rise in demand for the USDT stablecoin and Tether Gold (XAUT). By 2025, Tether's treasury will hold approximately 116 tons of gold, most of which was purchased this year, and its reserve scale can rival that of small central banks like South Korea. According to the Financial Times, Tether purchased 26 tons of gold in the third quarter, surpassing the demand of the central banks of Kazakhstan and Brazil during the same period. Investment bank Jefferies pointed out that, aside from central banks, Tether is the largest holder of gold in the world, with gold reserves "roughly equivalent to smaller central banks such as those of South Korea, Hungary, and Greece."
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XAUT-0.64%
PAXG-0.65%
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12:00

"Sun Wukong 72 Debates" opens today: discussing the trends in the crypto market and the future of Perp DEX.

Sun Wukong (SunX) will hold a themed live broadcast today at 20:00 (UTC+8) to discuss fee rebates and a million dollar Mining event, inviting several cryptocurrency KOLs to participate. The first "Trading Mining" event will take place from November 21 to December 6, with a prize pool of up to 1.35 million USDT. Users can earn fee rebates and additional Token rewards through trading.
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BTC-0.27%
ETH2.75%
11:57

On-chain encryption billionaire list revealed: billions of dollars in assets are inaccessible due to lost Private Keys.

Analysis company Arkham recently released a list of the top ten wealthiest individuals in the crypto assets industry, showing that this wealth can be traced on the blockchain. Unsurprisingly, at the top is the pseudonymous Bitcoin founder Satoshi Nakamoto, who holds Bitcoin worth over 100 billion dollars. The list also includes TRON founder Justin Sun and Ethereum founder Vitalik Buterin. It is noteworthy that there are four billionaires on the list who control billions of dollars in crypto assets but cannot access them. Arkham points out that Rain Lõhmus, James Howells, Stefan Thomas, and Clifton Collins collectively hold about $2.7 billion in Bitcoin and Ethereum, which are visible on-chain, but for various reasons have become inaccessible.
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BTC-0.27%
ETH2.75%
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11:33

Australia has introduced a regulatory bill for digital assets. What new regulations are facing encryption exchanges?

The Australian government proposed the "2025 Companies Act Amendment (Digital Asset Framework) Bill" on Wednesday, aimed at implementing comprehensive regulation for crypto asset exchanges and custody platforms. Treasurer Jim Chalmers and Financial Services Minister Daniel Mulino stated that the bill is expected to release about AU$24 billion in productivity rise each year, while imposing fines of millions of AU$ on companies that fail to adequately protect customer assets. The bill introduces two new financial products in the Companies Act: digital asset platforms and tokenized custody platforms. Digital asset platforms must hold customers' crypto assets and provide trading functions (transfers, buying and selling, staking, etc.); tokenized custody platforms handle real-world assets such as bonds, real estate, and commodities, and operators must hold the underlying assets and issue convertible tokens. All platforms must hold an Australian Financial Services License and comply with ASIC's custody and settlement standards to ensure asset security and trading compliance. Low-risk small operators may be exempted from full licensing requirements.
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10:11

List RWA log in BNB, on-chain returns anchored to US Treasury and AAA-rated corporate bonds

According to BlockBeats news on November 27, Lista DAO officially launched its RWA product and went live on the BNB Chain. This product integrates real-world assets through Centrifuge and is supported by price feeds from Chainlink. Users can hold on-chain yield assets pegged to US Treasury bonds and AAA-rated corporate bonds by depositing USDT. Currently, it is only open to allowlist users, and the application channel has been opened simultaneously.
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LINK-0.73%
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08:56

The potential for asset tokenization in the Philippines is immense: Project Bayani predicts that the market size will reach $60 billion by 2030.

The Philippine Digital Asset Exchange (PDAX), Saison Capital, and Onigiri Capital jointly released the White Paper "Project Bayani: Opportunities for Asset Tokenization in the Philippines" today, pointing out that the potential for the Philippines to transform its Capital Market through asset tokenization is as high as $60 billion. The report depicts a future scenario where millions of Filipinos already using mobile Wallets and Crypto Assets will leapfrog traditional finance stages to hold investment products such as government bonds, stocks, and mutual funds in tokenized form.
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05:27

ARIA (AriaAI) has pumped 18.61% in the last 24 hours.

Gate News Bot news, on November 27, according to CoinMarketCap data, ARIA (AriaAI) is currently priced at $0.08, with a rise of 18.61% in the last 24 hours, reaching a high of $0.10 and a low of $0.06. The current market capitalization is approximately $18.9 million, with an increase of nearly $2.97 million compared to yesterday. Important news about ARIA recently: 1️⃣ **Successfully raised 15 million USD, with a valuation of 50 million USD** ARIA, as a tokenization platform based on story IP, recently completed a $15 million financing, with the company's valuation reaching $50 million. This indicates that investors hold a positive attitude towards the prospects of the ARIA project, which may be one of the important factors driving its token price rise. 2️⃣ **Story IP Tokenization Platform
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ARIA16.87%
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10:01

TEN Protocol(TEN) will have its global debut on Gate and launch an Airdrop. Holding GT can share 200,000 TEN.

Gate News bot message, on November 27, 2025, Gate will launch TEN Protocol (TEN) for the first time. Gate plans to launch the TEN/USDT trading pair on November 27, 2025, at 21:00 ( UTC+8. At the same time, the platform will initiate the 323rd phase of the HODLer Airdrop event, with a total of 200,000 TEN tokens to be airdropped. Participating users must hold at least 1 GT. TEN Protocol is a privacy Layer 2 solution based on Ethereum, focusing on providing programmable privacy features for smart contracts. The project utilizes trusted execution environment )TEE( technology, supporting applications in areas such as gaming, DeFi, artificial intelligence, and institutional finance. The TEN token is developed based on the ERC-20 standard, with a total supply of 1 billion tokens.
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TEN2.73%
GT-0.66%
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03:27

Theoriq plan to launch TGE in December

On November 26, news came that the modular AI agent infrastructure Theoriq announced at the X Space event that its flagship product AlphaVault Phase 2 is about to officially launch, and plans to hold the THQ token generation event in December 2025. To support the launch of the second phase and the TGE, Theoriq will launch a three-month TVL incentive program in late November, allocating 1% of the total amount of THQ tokens as rewards to encourage early user participation.
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14:17

The SEC Investor Advisory Committee will hold a meeting on December 4 to discuss corporate governance and equity tokenization.

On November 25, news came that the Investor Advisory Committee of the U.S. Securities and Exchange Commission (SEC) will hold a virtual public meeting on December 4, 2025, focusing on topics such as changes in corporate governance regulation and equity securities tokenization. The meeting will also explore potential recommendations regarding the disclosure of the impact of artificial intelligence on the operations of issuers. This meeting will begin at 10 AM Eastern Time and will be streamed live on the SEC's official website.
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13:46

The holder of MON TOP1 long positions on Hyperliquid has unrealized gains of $1.572 million.

Odaily News According to on-chain analyst Ai Yi's monitoring, holders of MON TOP1 long positions on Hyperliquid have unrealized gains of $1.572 million. They opened a long order 21 hours ago and currently hold 163 million tokens (worth $6.28 million) at an entry price of $0.02878. In the past 50 minutes, with the rise in coin price, they have reduced position and taken profit on 8.04 million tokens, realizing a profit of $90,000. Just now, they placed a limit buy order of $1 million in the range of [0.033 - 0.034]; if the token price falls to a psychological price point, they will continue to be bullish.
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MON2.62%
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08:39

Gate will delist 1SOS and 14 other Token trading markets, and some Tokens can participate in a limited buyback.

According to Gate News bot, the exchange announced that Gate will be delisting the trading markets for 14 tokens. The tokens involved include 1SOS, IQT, G7, LADYF, SNS, ABYS, GIGS, FERC, SPICE, HAPI, OAX, VEXT, OOB, and SLF. Gate will suspend trading services for these tokens on December 2, 2025, at 11:00 ( UTC+80, including spot trading pairs, quantitative grid, extra coin treasure, and leveraged trading. Gate will provide buyback services for users who still hold the relevant tokens after December 16, 2025. The buyback price has been announced, with a maximum compensation limit of 100 USDT per user. OOB will not participate in this buyback plan. It is important to note that due to abnormalities on the SLF chain, its withdrawal service is temporarily unavailable and will be restored once safety is confirmed and related issues are resolved.
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07:34

VanEck plans to launch a BNB ETF, with the code VBNB.

According to a report by Jinse Finance, documents from the U.S. Securities and Exchange Commission (SEC) indicate that VanEck Digital Assets plans to launch the VanEck BNB ETF, which is a spot ETF designed to directly hold BNB tokens and track their price performance, after deducting trust operation fees. It is expected to be listed on Nasdaq under the code VBNB.
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BNB0.34%
14:40

UBS: The timing of the Fed's meeting next month is "awkward" and does not rule out delaying the meeting for data.

Odaily News UBS pointed out that the Fed's meeting schedule next month is facing an "embarrassing" situation: its FOMC meeting in December will be held before the release of two key employment reports, and these reports are precisely the core data that determine whether to cut interest rates. This has prompted the market to begin discussing a possibility: will the Fed postpone the originally scheduled meeting on December 10 by a week in order to grasp the key employment data before making a decision? Looking back, adjustments to the meeting schedule have not been impossible; in 1971 and 1974, the Fed postponed meetings due to special circumstances. From a regulatory perspective, the Fed's statute only requires the FOMC to hold at least four meetings a year, without rigid provisions on date adjustments. UBS pointed out that historically, a single employment report has been sufficient to change the direction of monetary policy, and this time the Fed is facing the risk of missing two reports. If the meeting does occur.
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08:50

Bitwise CIO: The premium of the encryption treasury company (DAT) is difficult to maintain, facing three major downward pressures: insufficient liquidity, operational costs, and execution risks.

Matt Hougan, the Chief Investment Officer of Bitwise, recently stated that the valuation of digital asset management companies (DAT) is unlikely to maintain levels above the value of the crypto assets they hold. He pointed out that the structural frictions of the DAT model make sustained premiums an exception rather than a common occurrence. Hougan believes that most DATs face inevitable downward pressure from insufficient liquidity, operational costs, and execution risks. He stated that these factors continuously lower the market value of DATs, making it below the value of the Crypto Assets they hold, and only a few uncertainties can drive up the price of each coin.
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BTC-0.27%
04:08

Fed officials clearly advocate for interest rate cuts, and the market expects the probability of a Fed rate cut in December to soar to over 70%.

The Fed's expectation of interest rate cuts has significantly risen under the influence of officials' remarks, and the market is generally optimistic about a rate cut in December. The unemployment rate is climbing and internal support is strengthening, although some officials still hold reservations. The Fed will lack the latest economic data in this meeting.
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11:50

After the market big dump initiated by Bitwise CEO, the survey on response measures has concluded: "Buy" accounts for over 43%, ranking first.

PANews, November 23 news, the survey on response measures after the market big dump initiated by the CEO of Bitwise has ended. The results from 4,527 participants show: "Buy" accounts for 43.1%, ranking first; "Hold" accounts for 37.6%, ranking second; "Still undecided" accounts for 9.8%, ranking third; "Dumping" accounts for 9.5%, ranking fourth.
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07:37

Benson Sun: Multiple bottoming signals have been observed, and the market has fully digested the Unfavourable Information regarding MSTR being removed from the index.

Crypto KOL Benson Sun stated that his quantitative long order has paused after a stop loss and has now been restarted. He observed bottoming signals and expects the formation of a wide oscillation supply and demand balance range, suitable for swing trading. He believes the market has digested the expectation of MSTR being removed from the index, and the big dump trend is no different from the removal itself. He will continue to hold his long order at an average price of $81,500 until liquidity exhausts before exiting.
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06:10

Gate Alpha has launched the 20th phase of the points treasure hunt event, where you can temporarily claim PLANCK.

Gate Alpha will launch the 20th round of the points treasure hunt event on November 22. Users need to hold ≥100 Gate Alpha points to participate. Each round allows an investment of 1-10 points for the lottery, with the probability of winning being proportional to the investment. There will be a total of 10 rounds, with a maximum reward of 2500 PLANCK per round. At the same time, Gate Alpha supports multiple popular public chains for seamless cross-chain trading.
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PLANCK-3.26%
SOL0.57%
ETH2.75%
BNB0.34%
07:59

MSCI may exclude financial companies like Strategy Inc from its index, which could result in the outflow of billions of dollars from the encryption industry.

The global Crypto Assets industry is on high alert, preparing to face potential turmoil. Major index provider MSCI is weighing whether to exclude companies that hold significant digital assets from its flagship stock benchmark index. Analysts warn that this move could lead to billions of dollars in passive fund outflows early next year. This discussion began in October and has now become more urgent. Previously, MSCI confirmed that it is consulting the investment community on whether companies holding more than 50% Bitcoin or other Crypto Assets on their balance sheets should continue to meet the inclusion criteria.
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BTC-0.27%
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05:26

ADA (Cardano) fell 8.80% in the last 24 hours.

Gate News Bot news, on November 21, according to CoinMarketCap, as of the time of writing, ADA (Cardano) is currently priced at $0.43, falling 8.80% in the last 24 hours, with a high of $0.51 and a low of $0.42, and a 24-hour volume of $1.151 billion. The current market capitalization is approximately $15.301 billion, a decrease of about $1.477 billion compared to yesterday. Important news about ADA recently: 1️⃣ **Price continues to fall, market capitalization significantly shrinks** The price of ADA has continued to decline over the past few days, falling from $0.47 on November 19 to the current $0.43, a decrease of 8.80%. The market capitalization has also significantly shrunk, dropping from $16.769 billion to $15.301 billion, a reduction of approximately $1.468 billion. This hold
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ADA2.89%
01:33

The US SEC will hold a roundtable on December 15 to discuss Crypto Assets privacy issues.

The U.S. Securities and Exchange Commission (SEC) plans to hold a roundtable on December 15 to discuss privacy and financial surveillance issues in the Crypto Assets space, inviting industry leaders to explore challenges and solutions with SEC officials. This meeting is set against the backdrop of recent attention to privacy issues and the Department of Justice's statement to stop prosecuting developers solely for writing Open Source code.
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16:24

Whale Takes $11.64M Loss After 5-Year UNI Hold

Gate News bot message, A significant whale movement occurred as wallet 0x3136 transferred their entire holdings of 512,440 UNI tokens (worth $3.64M) to centralized exchanges. The whale had maintained this position since April 2021, when they initially withdrew the same amount from CEX at $29.83 per
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