According to Odaily Planet Daily, Morgan Stanley strategist Denny Galindo stated that the crypto market has entered the "autumn phase" of Bitcoin's four-year cycle, meaning the market is in a "harvest season" before a potential peak. He pointed out that historical data shows Bitcoin's price cycles typically follow a "three-up-one-down" pattern, therefore investors should gradually lock in profits before the "winter" arrives.
Galindo said, "We are in autumn now, a time of harvest. But the key question is, how long will this autumn last, and when will winter arrive?"
Analysts believe this analogy shows Wall Street is viewing the Bitcoin market through a cyclical asset framework, treating it as a cyclical investment asset similar to commodities or macro liquidity-driven assets. (Cointelegraph)
According to Odaily Planet Daily, Binance Alpha will launch the following projects: Planck Network (PLANCK) airdrop on November 13th, and Play Solana (PLAYSOLANA) airdrop on November 14th.
Eligible users can visit the event page after Alpha trading opens to claim the airdrop using Binance Alpha Points. Specific application rules and details will be announced later through official Binance channels.
According to Lookonchain monitoring, as reported by Odaily Planet Daily, an address 0x9992 is continuously increasing its ETH holdings through lending.
About two hours ago, the address borrowed $10 million USDC from Aave to purchase 2,909 ETH. It currently holds a total of 83,816 ETH (approximately $289 million) on Aave and has lent out a total of approximately $123 million in stablecoins.
According to official sources, Mantle has announced a partnership with DMZ Finance and Bybit to officially deploy QCDT on Mantle Network's modular Layer-2 infrastructure. QCDT is a tokenized money market fund approved by the Dubai Financial Services Authority (DFSA).
QCDT is a money market fund token jointly launched by Qatar National Bank, DMZ Finance, and Standard Chartered Bank. It is grouped with BUIDL and BENJI as "BBQ: Leading Global Tokenized Money Market Funds." Bybit has previously accepted QCDT as collateral to provide institutions with lending capacity of up to $1 billion.
Mantle recognizes the strategic importance of QCDT as a bridge between traditional finance and DeFi, and is accelerating the on-chaining of compliant high-value assets through modular infrastructure. This collaboration marks a significant milestone for Mantle's Real-World Asset (RWA) strategy.
According to MLM monitoring, Paradigm staked 14.7 million HYPE tokens (approximately $581 million) a few hours ago and transferred 3.02 million tokens (approximately $119 million) to Hyperevm, which then transferred them to a newly created wallet, suspected to be related to Sonnet.
Of these, most of the staked HYPE has been delegated to Figment's Anchorage node, with approximately 1.41 million tokens (about $55.9 million) still remaining in spot accounts. As a result, HYPE's supply-weighted price-to-earnings ratio (SWPE) has fallen to a record low of 1.90.
Odaily Planet Daily News: 1. Mining data for ten major mining companies in October:
IREN: 668 coins mined, number of coins held not disclosed, operating hashrate 44 EH/s, 15.18 coins mined per EH/s;
MARA: 736 coins mined, 52,850 coins held, operating hashrate of 60.4 EH/s, 12.19 coins mined per EH/s, mNAV of 1.01;
CLSK: 612 coins mined, 13,033 coins held, operating hashrate of 46.6 EH/s, 13.13 coins mined per EH/s, mNAV of 2.91;
CANG: 603 coins mined, 6,521 coins held, operating hashrate of 46.09 EH/s, 13.07 coins mined per EH/s, mNAV of 0.86;
RIOT: 437 coins mined, 19,324 coins held, operating hashrate of 33.2 EH/s, 13.16 coins mined per EH/s, mNAV of 2.99;
CORZ: 247 coins mined, 2,115 coins held, 18.1 EH/s operating hashrate, 14 coins mined per EH/s, mNAV of 24.52;
BTDR: 511 coins mined, 2,268 coins held, operating hashrate of 41.2 EH/s, 12.4 coins mined per EH/s, mNAV of 13.68;
HIVE: 289 coins mined, 435 coins held, operating hashrate of 21.9 EH/s, 13.2 coins mined per EH/s, mNAV of 23.55;
HUT 8: 88 coins mined, 10,278 coins held, operating hashrate of 9.3 EH/s, 9 coins mined per EH/s, mNAV of 4.45;
FUFU: 253 coins mined, 1,953 coins held, 5 EH/s operating hashrate, 50.6 coins mined per EH/s, mNAV is 2.59.
2. mNAV and cash holdings per thousand shares for each listed mining company:
MARA: mNAV 1.01, cash holdings per 1,000 shares 0.151;
CLSK: mNAV 2.91, cash holdings per thousand shares 0.047;
CANG: mNAV 0.86, cash holdings per thousand shares 0.056;
RIOT: mNAV 2.99, cash holdings per 1,000 shares 0.057;
CORZ: mNAV 24.52, cash holdings per thousand shares 0.004;
BTDR: mNAV 13.68, cash holdings per 1,000 shares 0.019;
HIVE: mNAV 23.55, cash holdings per thousand shares 0.003;
HUT 8: mNAV 4.45, cash holdings per thousand shares 0.129;
FUFU: mNAV 2.59, cash holdings per thousand shares 0.104.
Data source: Cango Inc. (CANG), a NYSE-listed Bitcoin mining company, and BitcoinMiningStock.
According to crypto analyst Ai Yi (@ai_9684xtpa), a new address that received 24,007.35 ETH from a Galaxy Digital OTC address in the past 12 hours has been flagged by Arkham as a Bitmine-related address. Combined with Bitmine's latest disclosure on November 10th, its total ETH holdings have increased to approximately 3.529 million ETH, with a total value of approximately $12.84 billion at current prices.
According to a recent research chart released by Matrixport, as reported by Odaily Planet Daily, while the total market capitalization of crypto assets has increased from $2.4 trillion to $3.7 trillion over the past 12 months, market trading volume has shrunk from $352 billion to $178 billion, a decrease of approximately 50%. This indicates a structural cooling of the market and a relative lack of liquidity.
The report argues that the shrinking trading volume reflects declining market participation and weakening momentum, serving as a potential signal of caution. On-chain data also suggests that Bitcoin may have entered a phase of bear market. While long-term catalysts remain, short-term momentum is insufficient to support sustained price increases. In a low-liquidity environment, increased pressure on exchanges and continued pressure on market activity and trading revenue are likely to persist.
Odaily reports that Malaysian technology consultancy VCI Global has announced plans to acquire OOB tokens issued by Tether-backed crypto payment company Oobit for a total of $100 million.
Under the agreement structure, VCI Global has purchased $50 million worth of OOB tokens through a private placement of shares to the OOB Foundation, and plans to purchase another $50 million worth on the secondary market after the tokens' public listing. Upon completion of the transaction, Tether will become VCI Global's largest shareholder.
Oobit Chairman Moshe Schisser stated that this collaboration is not merely a digital asset transaction, but also helps accelerate ecosystem growth and expand the token's real-world applications. VCI Global announced the establishment of a digital asset treasury to integrate the OOB token's functionality across AI, fintech, and data sovereignty platforms.
Meanwhile, Oobit announced that it will rename its original token "OBT" to "OOB" and will migrate the token from Ethereum to the Solana network this week, with a planned official launch on November 12. (The Block)
According to OnchainLens monitoring, the "ETH shorting whale" that previously borrowed 66,000 ETH recently bought approximately 30,500 ETH from Binance, with a transaction value of approximately $105 million. This address currently holds approximately 385,700 ETH, with a total value of approximately $1.33 billion at the current price.
Odaily Planet Daily reports that Arthur Hayes has posted a reminder that if users hold ZEC on centralized exchanges (CEXs), they should withdraw their assets to a self-custodied wallet as soon as possible and enable the "shield" (privacy protection) function to ensure the safety and privacy of their funds.
1. Lighter TVL has reached $1.17 billion, surpassing Linea;
2. Arthur Hayes: ZEC's expected buy range is $300-$350;
3. The U.S. House of Representatives will vote at 5 a.m. tomorrow to decide whether to end the government shutdown;
4. The Fed's mouthpiece: The Fed is increasingly divided on the issue of a December rate cut;
5. John Deaton, a lawyer who supports XRP, has announced his candidacy for a U.S. Senate seat in 2026;
6. Lighter's 24-hour trading volume surpassed $11 billion, ranking first among Perp DEXs;
7. PEPE, the whale that previously made over $36 million in profits, continues to buy ASTER and currently has a floating profit of $1.1 million;
8. Eugene: Uniswap's introduction of a fee switch is beneficial to DeFi;
9. A fire broke out at the Bitdeer mine in Ohio, causing two buildings to collapse;
According to Bloomberg, JPMorgan has launched its deposit token, JPM Coin, on the Base network for its institutional clients to enable 24/7 instant settlement.
According to data from SoSoValue, Bitcoin spot ETFs saw a net inflow of $524 million yesterday (November 11, Eastern Time).
The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a net inflow of $224 million. IBIT's total historical net inflow has now reached $64.546 billion.
The second largest net inflow was into the Fidelity ETF FBTC, with a single-day net inflow of $166 million. The total historical net inflow into FBTC is currently $12.169 billion.
As of press time, the total net asset value of Bitcoin spot ETFs was $137.833 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.67%, and a historical cumulative net inflow of $60.492 billion.
