Circle launches AI chatbot and MCP server
According to official news, Circle has announced the launch of an AI chatbot and MCP server. Users can directly generate code in a browser or integrated development environment (IDE) (such as @cursor_ai) to integrate USDC, CCTP, gateways, wallets, and smart contracts within minutes. The official description states that this tool is developed based on Circle's API interfaces, SDK metadata, and technical documentation, ensuring the accuracy and reliability of the output code.
According to on-chain analyst @ai_9684xtpa, the "early bird whale who opened short positions on October 11th" has added to his holdings again, pushing his ETH long positions above $200 million, with unrealized profits exceeding $8.18 million. Eight hours ago, he added 15,132 ETH at approximately $3,530, bringing his total holdings to 55,132.87 ETH. The opening price was updated to $3,467.64.
Coinbase has included Fluid (FLUID) and Nomina (NOM) in its listing roadmap.
According to a Coinbase Markets announcement, Coinbase has added Fluid (FLUID) and Nomina (NOM) to its asset listing roadmap. The listing of these assets will depend on market-making support and sufficient technical infrastructure. A separate announcement will be released once these conditions are met.
Binance will support Stacks (STX) network upgrades and hard forks.
According to an official announcement, Binance plans to suspend token deposits and withdrawals on the Stacks (STX) network at 23:00 (UTC+8) on November 11, 2025, to support its network upgrade and hard fork. The project team will conduct the network upgrade and hard fork at block height 923,222 (expected at 00:00 (UTC+8) on November 12, 2025).
Balancer stated, "Following last week's attack, out of an abundance of caution, Balancer Labs has submitted a BIP proposal recommending the decommissioning of the v2 stable pool and encouraging LPs to migrate their liquidity to v3. Balancer v3 remains fully available and unaffected."
One transaction to Kraken paid over $105,000 in fees.
According to Whale Alert, around 01:47 Beijing time, a single transaction to the cryptocurrency exchange Kraken paid a fee of 0.99 bitcoins, equivalent to approximately $105,820.
According to on-chain analyst Ember, following the release of the Uniswap-related proposal, an investment institution (possibly VariantFund) transferred 2.818 million UNI tokens (US$27.08 million) to Coinbase Prime. Subsequently, a large amount of UNI was dispersed from Coinbase Prime to centralized exchanges such as Binance, OKX, and Bybit. Previously, Uniswap Labs and the foundation proposed activating a fee switch and a UNI burning mechanism.
According to The Block, Coinbase will launch a Clearbank-backed savings account for select UK users starting November 11th. This account allows eligible UK users to earn daily interest on their pound sterling savings balances at an annualized rate of 3.75% (AER), with instant deposits and withdrawals and no minimum balance or lock-up period. The account is protected under the Financial Services Compensation Scheme (FSCS), which provides up to £85,000 (approximately US$112,000) in compensation should the service provider go bankrupt, consistent with traditional UK banks. Notably, its 3.75% interest rate is higher than most mainstream banks but lower than some top fintech savings rates. Coinbase plans to gradually roll out the account to all UK users in the coming weeks. The UK is Coinbase's largest international market and a key to its global expansion; this launch follows its FCA registration as a virtual asset service provider in February of this year.
According to The Block, cryptocurrency exchange Gemini released its first quarterly earnings report since its September IPO. Revenue increased 52% quarter-over-quarter, driven by a rebound in trading and revenue expansion from new products. In the third quarter, net income rose to nearly $50 million, boosted by over $26 million in trading fees and approximately $20 million in service revenue (including record credit card performance and expanded institutional staking business). However, the company still recorded a net loss of $159.5 million, primarily due to IPO-related stock compensation and marketing expenses, with adjusted EBITDA at -$52.4 million. Trading volume reached $16.4 billion, a 45% increase quarter-over-quarter, with institutional trading increasing by nearly 50%. Gemini credit card accounts exceeded 100,000, with spending exceeding $350 million, more than doubling quarter-over-quarter, and staking balance reaching $741 million. Currently, service revenue accounts for nearly 40% of total revenue, compared to less than 30% a year ago. Gemini stated that after its IPO, the company repaid debt and opened a $150 million credit line for its credit card receivables to improve capital efficiency. The company expects full-year service and interest income to reach $60 million to $70 million, and anticipates continued growth in credit card and secured products. Despite the strong earnings, GEMI's stock price fell more than 11% in after-hours trading, dropping below $15 to a record low, as investors focused on widening losses and IPO-related costs.
According to The Block, Uniswap is planning to activate a protocol fee switch based on the "UNIfication" governance proposal submitted Monday by Uniswap Labs and the Uniswap Foundation. Forum posts indicate that the plan aims to reduce the supply of Uniswap's native UNI token by activating a burn mechanism and other methods. The "UNIfication" plan employs a multi-pronged approach to reduce token supply. Firstly, it will use protocol fees earned by the Uniswap decentralized exchange and the Unichain sorter to burn tokens. Secondly, it will directly burn 100 million existing UNI tokens in the Uniswap treasury, which should have been burned after the fee switch was activated at token issuance. Simultaneously, the proposal will prevent Uniswap Labs from earning fees through its interface, wallet, and API; its Ethereum frontend has already earned $137 million. Currently, the percentage of fees used for token burning is unclear, but Uniswap's annualized revenue across all versions is expected to exceed $2 billion. In addition to implementing a plan to reward token holders, the "UNIfication" plan will merge the non-profit Uniswap Foundation into Labs, which is responsible for developing the protocol and Unichain L2. According to Coingecko data, the price of UNI token is currently $9.01, up 37.9% in the last 24 hours.
According to Whale Alert, at 01:25 Beijing time, Tether Treasury minted an additional 1 billion USDT on the Ethereum network.
According to The Block, the U.S. Senate Agriculture Committee has released a draft bill to regulate the crypto industry, granting the CFTC new powers. This follows the House of Representatives' passage of the Digital Asset Market Transparency Act in July, prompting the Senate to begin drafting its own related legislation. The draft, proposed by the Republican-led Senate Banking Committee, aims to delineate the jurisdictions of the SEC and CFTC and introduce the new concept of "auxiliary assets" to clarify which cryptocurrencies do not fall under the category of securities. Given the Senate Agriculture Committee's jurisdiction over the CFTC, its draft is particularly crucial. This 155-page draft defines digital goods and establishes the CFTC's regulatory framework. Draft author Cory Booker stated that more work is needed, particularly concerning CFTC resource constraints, the potential for regulatory arbitrage due to bipartisan committee members, public corruption, and the adequacy of regulatory measures. The Agriculture Committee's draft provides new funding sources for the CFTC, stipulating that the CFTC should charge fees to unspecified crypto entities. Parentheses in the draft reflect "outstanding issues" that still require negotiation between the two sides. Furthermore, Democrats face obstacles from Trump's concerns about conflicts of interest in crypto businesses; the Agriculture Committee's draft already includes provisions addressing such conflicts of interest.
The IRS has issued new guidelines allowing crypto ETPs to stake digital assets.
According to The Block, the IRS has released new guidance establishing a safe harbor for staking digital assets in exchange-traded products (ETPs). Cryptocurrency proponents say this changes the way traditional finance is taxed. U.S. Treasury Secretary Scott Bessent announced the news on Monday on the X platform, stating that the guidance provides a clear path for staking digital assets in ETPs, sharing rewards with retail investors, increasing investor returns, driving innovation, and helping the U.S. maintain its leading position in the digital asset and blockchain space. The IRS stated that they received questions about whether staking would make trusts "unfair to federal income tax rules," and the newly released 18-page guidance includes safe harbor provisions and requirements. Bill Hughes, senior legal counsel at Consensys, said that trusts meeting certain conditions (such as holding only one digital asset and cash, using qualified custodians, etc.) can stake cryptocurrency on permissionless proof-of-stake networks. This safe harbor provides clear guidance for institutions and accelerates the adoption of proof-of-stake blockchains in the mainstream market.
According to GlobeNewswire, Bitcoin asset management company Strive (NASDAQ: ASST, SATA) announced the successful and oversubscribed IPO of its Variable Rate Class A Perpetual Preferred Stock (SATA), increasing the offering size to 2 million shares at $80 per share. The company also disclosed that it acquired 1,567 BTC during a brief dip below $100,000, at an average purchase price of $103,315, totaling approximately $162 million. As of November 10, Strive held 7,525 Bitcoins. Strive stated that SATA dividends are expected to be paid in the form of "Return on Capital" (ROC), enhancing after-tax returns for investors. This funding round makes it the second Bitcoin treasury company, after Strategy, to raise funds through a public offering of perpetual preferred stock.
Bitdeer's Q3 revenue surged 174% year-over-year, and its Bitcoin holdings surpassed 2,000.
According to The Block, Bitcoin mining company Bitdeer Technologies (NASDAQ: BTDR) released its Q3 2025 financial results, reporting revenue of $169.7 million, a 173.6% year-over-year increase; gross profit rose to $40.8 million, up from $2.8 million in the same period last year. Although the company incurred a net loss of $266.7 million due to convertible bond provisions, adjusted EBITDA reached $43 million. During the reporting period, Bitdeer added approximately 527 BTC, increasing its holdings from 1,502 to 2,029, worth approximately $214 million at current prices. The company's self-mining hashrate has reached 41.2 EH/s, and it stated that its new generation SEAL04 chip achieved an energy efficiency of 6–7 J/TH in testing, laying the foundation for future capacity expansion.
The USDC Treasury has just minted an additional 200 million USDC on Ethereum.
According to Whale Alert monitoring, at 22:43 and 22:50 Beijing time, USDC Treasury minted approximately 100 million new USDC on the Ethereum chain, totaling approximately $200 million USDC in two separate minting operations.
According to an official announcement from Square, its Bitcoin payment function has officially launched, and merchants can now choose from four payment methods: BTC→BTC, BTC→fiat, fiat→BTC, or fiat→fiat. Square founder Jack Dorsey stated on the X platform that this feature allows sellers to directly receive Bitcoin to their Square wallets or choose automatic conversion to USD for settlement, marking the formal integration of Bitcoin payments into the mainstream merchant system.
The three major U.S. stock indexes opened higher.
U.S. stocks opened higher, with the Dow Jones Industrial Average up 0.23%, the S&P 500 up 0.93%, and the Nasdaq Composite up 1.5%. Chip stocks generally strengthened, with Nvidia (NVDA.O) rising 3.82%. Gold mining stocks followed international gold prices higher, with Harmony Gold (HMY.N) rising 5.72%. Blockchain concept stocks also generally rose.
Virtuals launches Luna.fun, an AI-driven autonomous content and token platform.
Virtuals Protocol announced the launch of Luna.fun, the world's first AIGC platform where AI agents autonomously generate and trade attention value. Each token on the platform drives an independent content engine, employing AI agents to generate media content, amplify its distribution, and automatically settle revenue. All content creation and payment are completed on-chain via ACP and the x402 protocol, achieving a machine-to-machine autonomous economy. Luna.fun is now listed on BNB Chain, serving as the first launch platform combining AI-generated content and meme issuance, allowing the community to create and distribute AIGC content for free.
Tether plans to invest $100 million in advertising through Rumble.
According to Solid Intel, stablecoin issuer Tether plans to spend $100 million on a large-scale advertising campaign on the video platform Rumble.
Monad, a public blockchain project, announced its token economy (Tokenomics) plan, in which 7.5% of the total supply will be sold at a fully diluted value (FDV) of approximately $2.5 billion, with another 3% allocated for airdrops. The remaining 89.2% of the tokens will be distributed to the ecosystem fund, the team, early investors, and the treasury.
Coinbase: Monad token sale to begin November 17th
Coinbase announced the launch of its end-to-end token sale platform and will hold its first public sale (Monad token) from November 17th to 22nd. The platform uses a bottom-up allocation algorithm, prioritizing smaller requests and limiting large-scale concentration; a one-week request window is set, after which allocations are determined uniformly; users who sell quickly within 30 days will have their allocations reduced in subsequent sales. The issuer and its affiliates are prohibited from OTC and secondary market sales for six months, with any exception requiring Coinbase approval and a lock-up period extending to six months. User participation is free; the issuer raises funds in USDC and pays proportional fees. This marks the first widespread participation from US retail users since 2018.
Brazilian central bank official Vivan stated that crypto companies should assess the appropriateness of allowing clients to perform complex cryptocurrency-related operations. "We have banned algorithmic stablecoins and are prohibiting the buying and selling of these assets. Agreements reached to date remain in effect, but stablecoin activity must cease."
Binance will delist MYROUSDT and 1000XUSDT perpetual contracts.
Binance Futures will delist USDT and 1000X USDT perpetual contracts on November 14.
Cryptocurrency reserve firm BitMine Immersion Technologies (NYSE American: BMNR) increased its holdings of Ethereum (ETH) by 110,288 tokens in the past week, a 34% increase from the previous week, for a total purchase of approximately $398 million. As of November 9, the company held approximately 3,505,723 ETH, representing about 2.9% of the circulating ETH supply, worth approximately $12.64 billion at market price.
Coinbase to launch token issuance platform for retail investors and project teams
According to the Wall Street Journal, Coinbase is launching a digital token sale platform for individual investors, allowing them to purchase tokens before they are listed on its exchanges. Blockchain startup Monad will be the first project to sell its tokens on the platform.
According to The Block, Canadian publicly traded Republic Technologies (CSE: DOCT) announced it has secured $100 million in zero-coupon convertible bond financing from an institutional investor to expand its Ethereum staking and reserves business. The company stated that over 90% of the funds will be used to purchase ETH, with an initial investment of $10 million. This financing is interest-free and requires no margin calls, considered a rare "cash flow neutral" structure in the crypto industry, and includes warrants with a 50% market-market exercise limit. Republic operates ETH validator nodes, earning staking and validator rewards by holding ETH, and has partnered with QCP Capital to develop structured ETH yield strategies with a weekly return of approximately 1.75%.
Strategy added 487 bitcoins last week, totaling approximately $49.9 million.
Strategy purchased 487 bitcoins between November 3rd and November 9th at an average price of $102,600, for a total expenditure of approximately $49.9 million. As of November 9th (Eastern Time), the company held approximately 641,692 BTC, with a total purchase cost of approximately $47.54 billion and an average holding cost of $74,079. Documents show that the funds for this purchase came from the proceeds of the sale of preferred stock in its ATM equity financing plan. The company also noted that its 2025 Bitcoin investment year-over-year yield (BTC Yield) has reached 26.1%.
The Balancer hackers have converted all their assets into ETH, holding approximately 25,300 ETH.
According to on-chain analyst Yu Jin, the hacker who recently attacked the Balancer protocol has been continuously converting his ETH-staking derivative tokens and other non-ETH assets into ETH over the past few days. Currently, the hacker's wallet has largely completed the conversion, holding approximately 25,300 ETH, equivalent to about $91.69 million at current prices.
STRK has surged over 50% in the past 24 hours and is currently trading at $0.2154.
OKX data shows that STRK has risen approximately 54% in the past 24 hours and is currently trading at $0.2154.
Bybit is seeking to acquire South Korean cryptocurrency exchange Korbit.
According to BWEnews, Bybit is seeking to acquire the South Korean cryptocurrency exchange Korbit.
According to CoinShares' latest weekly report, digital asset investment products saw a net outflow of approximately $1.17 billion in the past week, with Bitcoin experiencing a net outflow of approximately $932 million and Ethereum a net outflow of approximately $438 million. The US saw a net outflow of approximately $1.22 billion, while Germany and Switzerland saw net inflows of approximately $41.3 million and $49.7 million, respectively. ETP trading volume reached approximately $43 billion during the week; Short Bitcoin ETP saw a net inflow of approximately $11.8 million in a single week. Altcoins performed strongly, with Solana seeing a net inflow of approximately $118 million in a single week and a cumulative inflow of approximately $2.1 billion over the past nine weeks; HBAR saw a net inflow of approximately $26.8 million, and Hyperliquid saw a net inflow of approximately $4.2 million.
The Bank of England has proposed a £20,000 cap on individual stablecoin holdings.
According to the Bank of England's website, the Bank of England has released a consultation paper proposing a regulatory framework for pound-denominated systemic stablecoins. The proposal allows issuers to allocate up to 60% of their covered assets to short-term UK government bonds, with the remaining 40% held in a non-interest-bearing account with the central bank; the initial cap for systemic issuers could be up to 95%. Temporary holding caps are proposed: no more than £20,000 per stablecoin for individuals and no more than £10,000,000 for businesses, with exemptions for very large corporations; stablecoins used for wholesale settlement are not subject to these restrictions. The central bank is considering providing liquidity support arrangements. Non-systemic issuers will be regulated by the FCA, but those deemed systemic by the HMT will be subject to joint regulation by the central bank and the FCA. The consultation period ends on February 10, 2026.
