24-Hour Hot Cryptocurrencies and News | Release Dates for New Batch of US Economic Data Confirmed; Ethereum Team Proposes EIL Solution (November 19)

1. Popular cryptocurrencies on CEXs

Top 10 CEX trading volumes and their 24-hour price changes:

1. BTC: +1.08%
2. ETH: +3.36%
3. SOL: +7.02%
4. XRP: +3.35%
5. BNB: +2.29%
6. DOGE: +6.44%
7. ZEC: +0.28%
8. ASTER: +12.46%
9. ADA: +2.97%
10. TRX: -0.72%

24-hour gainers list (data source: OKX):

1. UXLINK: +28.26%
2. STRK: +25.28%
3. TURBO: +17.48%
4. FLM: +14%
5. GLM: +13.85%
6. POR: +13.05%
7. KITE: +12.24%
8. ASTER: +11.98%
9. TOSHI: +11.92%
10. TNSR: +10.63%

24-hour cryptocurrency stock gainers list (data source: msx.com ):

1. Ondas Holdings Inc. - MSX (ONDS.M): 23.1%
2. Canaan Technology - MSX (CAN.M): 21.92%
3. BTCS Inc. - MSX (BTCS.M): 20%
4. Hyperion Defi, Inc - MSX (HYPD.M): 16.47%
5. Upexi, Inc. - MSX (UPXI.M): 15.61%
6. Eightco Holdings Inc. - MSX (ORBS.M): 15.36%
7. Fundamental Global Inc. - MSX(FGNX.M): 13.69%
8. STKE - MSX (STKE.M): 13.18%
9. SmartChain Group - MSX (ICG.M): 12.23%
10. GameSquare Holdings, Inc. - MSX (GAME.M): 10.54%

2. Top 5 trending on-chain memes (data source: GMGN ):

1. GAIB (SOL)
2. Trump (SOL)
3. MET (SOL)
4. PYBOBO (SOL)
5. ELISABETH (SOL)

Headlines

The release dates for a new batch of US data have been set, including the CFTC weekly report and PPI.

A spokesperson for the U.S. Department of Labor stated that the department plans to complete the missing weekly initial jobless claims data before the end of Thursday local time. Spokesperson Ryan Honick explained that due to technical issues, an initial figure—232,000 initial jobless claims for the week ending October 18—was unexpectedly released earlier than expected. Honick indicated that the Department of Labor will not issue a press release as usual while completing the missing data; the missing data will be published directly on the Department of Labor's website. The latest announcement from the Department of Labor also indicates that it plans to release the September PPI data at 9:30 PM Beijing time on November 25 and the September import and export price indices at 9:30 PM Beijing time on December 3. In addition, the U.S. Commodity Futures Trading Commission (CFTC) announced that it will begin releasing trader positioning reports this week, with the first report expected to be released early Thursday morning Beijing time. The CFTC will release up to two reports per week until January 23 next year, at which point the release schedule will return to normal.

The Ethereum team proposed the EIL solution, aiming to make all L2 blockchains seamlessly usable as if they were on the same chain.

The Ethereum Account Abstraction team has released a proposal for the Ethereum Interoperability Layer (EIL), aiming to make all L2 blockchains work seamlessly as if they were on the same chain. Based on ERC-4337, EIL allows users to complete cross-chain operations with a single signature within their wallets, eliminating the need for cross-chain bridges or relays, while maintaining self-custody and censorship resistance, thus enabling a unified experience across the Ethereum multi-chain ecosystem.

Coinbase changed its official account bio to "December 17th," leading to community speculation that it may be related to Coinbase's token launch or platform product updates.

Coinbase's official account bio has been updated to "December 17th," seemingly hinting at a major announcement regarding products or organizational structure. Some community members in the comments section speculate it may be related to the launch of the Base token. Notably, Coinbase CEO Brian Armstrong retweeted the official Coinbase tweet; furthermore, the last time Coinbase sent a similar tweet was on November 8th, teasing the launch of its Launchpad token sale platform.

Industry News

According to the U.S. government website, the number of initial jobless claims for the week ending October 18 was 232,000.

Data from the U.S. government website shows that the number of initial jobless claims for the week ending October 18 was 232,000.

New Hampshire, USA, launches its first Bitcoin-backed municipal bond.

The state of New Hampshire in the United States has officially approved the nation's first municipal bond secured by Bitcoin, with a size of $100 million. This marks the first time that digital assets have entered the traditional municipal financing system and is also seen as an important step for Bitcoin toward the $140 trillion global bond market.

The bond is authorized by the State Business Finance Department (BFA), but the risk is not borne by the state government or taxpayers. The safety of the funds is guaranteed by over-collateralized Bitcoin held in custody by BitGo. Borrowers are required to provide approximately 160% of their BTC as collateral. If the collateral ratio falls to approximately 130%, the system will automatically liquidate the positions to protect the interests of bondholders.

US senators urge the IRS to review its cryptocurrency staking rewards tax policy.

On November 19, Indiana Republican Senator Todd Young wrote to Treasury Secretary and Acting IRS Commissioner Scott Bessant, urging the IRS to reassess the 2023 tax guidance on cryptocurrency staking rewards.

The Russian Constitutional Court will rule on whether USDT enjoys property rights, potentially setting a judicial precedent for stablecoins.

Russia's Constitutional Court is hearing a key case to determine whether citizens have property rights to stablecoins such as USDT. Several regulatory experts have told the court that fiat-pegged stablecoins like USDT do not fall under Russian law's category of "digital financial assets" (DFA) and are not subject to the country's rules governing the circulation of digital currencies.

The case stems from a Moscow resident, Dmitry Timchenko, who lent 1,000 USDT in 2023, only to have the lender refuse to return it. His appeals to the district court, the higher court, and the Supreme Court were all rejected, with the courts ruling that stablecoins do not fall under the category of protected DFAs. Timchenko subsequently appealed to the Constitutional Court, arguing that "no other asset class in Russia faces such restrictions."

At the hearing, both the central bank and the anti-money laundering agency Rosfinmonitoring stated that stablecoins possess characteristics of "foreign currency digital assets," making them difficult to classify as DFAs, and proving ownership on public blockchains presents challenges. Some legal experts argue that if stablecoins are not classified as DFAs, it would actually benefit ordinary traders in their daily transactions or in circumventing sanctions, but the lack of legal protection also increases the risk of the issuer freezing assets.

The final ruling in the case is expected to be announced in a closed-door manner within weeks and is considered an important precedent for the judicial recognition of stablecoins in Russia.

The VanEck Solana ETF was launched, and the US Solana spot ETF saw a total net inflow of $8.26 million in a single day.

On November 17, Eastern Time, the VanEck Solana ETF (ticker symbol VSOL) was officially listed on Nasdaq.

According to SoSoValue data, VSOL had no net inflows on the day, with a transaction volume of $1.12 million and a total net asset value of $6.72 million.

Project News

Yala responded to the YU de-pegging issue, stating that the decline in ETH prices reduced the value of asset recovery and promising a clear solution by December 15th.

Yala officially responded to the de-pegging of its stablecoin YU and the liquidity crisis in a post on X.

On September 14, 2025, Yala suffered a hacker attack, losing $7.64 million USDC (equivalent to approximately 1,636 ETH at the time). Although this incident caused YU to temporarily de-peg, there were no vulnerabilities in the core protocol. The team injected $5.5 million of its own funds to maintain stability, and YU was subsequently re-pegged, and the protocol resumed normal operation.

On October 29, 2025, Bangkok law enforcement arrested the hackers. Most of the affected funds have been recovered from the hackers and are currently under judicial review. However, due to the fact that some funds were converted into ETH before recovery, the subsequent price drop and the funds already consumed by the attackers have reduced the actual value of the recovered funds.

The team is assessing the amount of funding needed to stabilize the market and is working with law enforcement agencies and funding partners to secure financing. Given the current liquidity crunch across multiple protocols and assets, this process will take time. The team is committed to providing a clear plan by December 15, 2025, including a funding recovery path and subsequent operational measures.

Sentient: Airdrop registration is now live.

Sentient, an open-source AI platform, announced on its X platform that airdrop eligibility registration is now open and users must complete it by November 29th. Furthermore, details of the second quarter airdrop event will be announced soon.

Senators call for investigation into World Liberty Financial, a crypto company linked to the Trump family.

According to CNBC, U.S. Senators Elizabeth Warren and Jack Reed have sent letters to the Department of Justice and the Treasury Department requesting an investigation into World Liberty Financial, a cryptocurrency company closely linked to the Trump family, due to allegations that the company sold its $WLFI tokens to entities associated with illicit actors such as North Korea and Russia, raising national security concerns.

The senator cited a report from the nonprofit Accountable.US, which stated that WLF sold $WLFI tokens to “highly suspicious entities.” These entities were found to have transaction links on the blockchain to the sanctioned North Korean hacking group Lazarus Group, a Russian “ruble-backed sanctions circumvention tool,” an Iranian cryptocurrency exchange, and Tornado Cash.

Investment and Financing

Tether announced a strategic investment in Bitcoin mortgage lending platform Ledn, expanding its digital asset lending market.

According to an official announcement from Tether, the digital asset industry company, Tether has announced a strategic investment in Ledn, a global leader in the consumer Bitcoin mortgage lending market. This move aims to expand access to credit, enabling individuals and businesses to obtain loans without selling their digital assets.

Ledn focuses on Bitcoin-secured loans and has disbursed over $2.8 billion in loans since its inception, with over $1 billion disbursed in 2025, marking the company's strongest annual performance. Its annual recurring revenue (ARR) has exceeded $100 million.

Kraken receives $200 million in strategic investment from Citadel Securities, valuing the company at $20 billion.

Cryptocurrency exchange Kraken has secured a $200 million strategic investment from prominent market maker Citadel Securities. This deal values the Wyoming-based exchange at $20 billion.

Privacy-focused DeFi platform 0xbow has raised $3.5 million in seed funding, led by Starbloom Capital.

0xbow, a privacy-focused decentralized finance (DeFi) platform, announced on Tuesday that it has completed a $3.5 million seed funding round, led by Starbloom Capital, with participation from Coinbase Ventures, BOOST VC, Status Research & Development GmbH, and several angel investors.

Character * Voice

TomLee: This week may be near the market bottom; Bitwise CIO calls it a "once-in-a-lifetime long-term buying opportunity."

Tom Lee said the market will be "close to bottoming out" this week. Bitwise Chief Investment Officer Matt Hougan agreed, calling it a "once-in-a-lifetime long-term buying opportunity."

Matt Hougan points out that investors' recent concerns about AI valuations, the macro environment, and tariffs have been exaggerated, and the current pullback actually creates a more attractive entry point for long-term allocation.