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Xie Jiayin discussed Bitget's Open Custody Network (OCN), stating that its core idea is to recognize the limitations of traditional asset custody and trading services. Therefore, he proposed the concept of "assets stored in banks, trading on Bitget."By connecting banks, professional custody institutions, and Bitget's trading infrastructure through OCN, banks and professional custody institutions can leverage their advantages in the asset custody field, while Bitget focuses on trading services, liquidity, and trading experience. He believes that financial services should not force users to choose between asset security and trading efficiency, but should provide more options through better infrastructure, returning the choice to the users.

According to Lookonchain monitoring, a certain whale (0xc8b5) heavily invested in long positions for NVDA (NVIDIA) and SNDK (SanDisk). They went long on 136,982 shares of NVDA with 5x leverage, valued at approximately 24.2 million USD; and went long on 13,655 shares of SNDK with 2x leverage, valued at approximately 12.7 million USD.

This week, the New York Stock Exchange chose Avalanche to provide infrastructure for its upcoming tokenized securities platform. On Monday, Ava Labs announced that Avalanche will serve as the "core ledger technology" for the tokenized securities platform being developed by the NYSE's parent company, Intercontinental Exchange. The product is designed to support 24/7 trading, clearing, and settlement of tokenized securities, pending regulatory approval.Market maker GSR research analyst Carlos Guzman stated that this is a "significant victory for the project," as the NYSE's choice of its technology for settlement greatly enhances institutional credibility and validates the value that blockchain technology brings to traditional financial infrastructure through instant settlement and programmability. Luther Maday, North America head of crypto payment company Mercuryo, mentioned that this decision was made after approximately a year of testing on Avalanche, indicating that the network has passed tests for performance, reliability, and control.Experts also remind that providing infrastructure does not necessarily mean the long-term value of the AVAX token will rise. Guzman pointed out that while the NYSE will use Avalanche infrastructure for clearing and settlement, actual transactions will still occur off-chain, with related activities running on dedicated infrastructure rather than the public C-Chain that carries most of the network's activities. Misha Putiatin, founder of Symbiotic, stated that the main challenge for Avalanche is whether it can achieve "value capture" that is difficult for other blockchains. According to Decrypt data, AVAX rose 3.6% in the past 24 hours to $8.64.

According to on-chain analyst Yu Jin's monitoring, as the price of ZEC has significantly dropped and fallen below 1000 USD, Abraxas Capital holds ZEC short positions at two addresses on Hyperliquid—Abraxas Capital related address (0xb83...6e36) and Abraxas Capital related address (0x5b5...8c060)—with an unrealized profit of 34.98 million USD from ZEC positions alone.The total unrealized profit of the two addresses with open positions is 118 million USD.

Adam posted on platform X that on the first full trading day after the Elysium mainnet launch, the on-chain DEX trading volume reached 122 million USD, involving approximately 58,700 wallets. Among them, Launchpad tokens contributed about 40.5 million USD in trading volume, accounting for 33.2% of the total trading volume.Currently, Montra leads the Elysium ecosystem Launchpad track with a market share of 71.1%.

The cryptocurrency wallet provider Bitget Wallet announced plans to expand AI-assisted threat detection. In the third quarter of 2026, the average number of signature requests flagged as potential phishing increased by 7.4 times, rising from about 5,000 in the second quarter to approximately 37,000. Bitget Wallet's Chief Operating Officer Alvin Kan stated that this increase may reflect both a rise in threat activity and enhanced detection capabilities, but existing data cannot quantify the contribution of each.Alvin Kan added that the statistic refers to flagged signature interactions, rather than independent attack incidents or confirmed financial losses. Bitget Wallet introduced AI-assisted risk detection in the second quarter, and the expanded AI checks analyze website code and domain registration information to identify signs of fraud, simulating transactions before user signatures to uncover hidden permissions. In October, 90% of the newly intercepted high-risk domains were identified by AI, compared to 36% in the second quarter; nearly 70% of the domains flagged by AI that month did not have matching alerts in the external threat intelligence sources it checked.Phishing threats continue to target cryptocurrency users. In July this year, a trader lost nearly $1 million due to signing a malicious Ethereum token authorization. An August survey by Rapid7 found that a phishing campaign targeted 885,000 phone numbers, directing recipients to a website impersonating a cryptocurrency wallet provider.

According to the market information platform Liquid247.xyz, the Hyperliquid address 0xecb63c...2b00 currently holds a short position of 12,863.9 ETH, with a nominal value of 26.4315 million USD.At the time of publication, ETH is quoted at 2,054.70 USD.

CryptoQuant analyst Darkfost stated that since October, Bitcoin has undergone a chip distribution phase, resulting in a correction of about 15%. Currently, losses dominate after the profit-taking phase of short-term holders (STH).In the past 24 hours, short-term holders have sent 48,500 BTC to exchanges, of which 47,300 were sent at a loss, making it one of the strongest STH capitulation behaviors in recent months.

According to a report by the Korean News Agency, Woo Ki-hyung, an official of the ruling Democratic Party of Korea, stated after the conclusion of the tax subcommittee of the National Assembly's Planning and Finance Committee that there is a consensus between the ruling and opposition parties on the postponement of the virtual asset income tax. The government proposed a two-year delay, and there is not much disagreement between the parties.

Kraken's parent company Payward's tokenized stock framework xStocks announced the launch of the first batch of stock tokens for UK and EU listed companies, covering over 200 actively traded listed companies in the UK and EU, with more stocks to be rolled out in the future. xStocks stated that hundreds of Hong Kong stock tokens will be launched in the coming weeks, followed by expansion to more international markets.This expansion is driven by the collaboration between Payward Services and the fintech company GTN, with GTN responsible for the global execution and custody of the underlying traditional assets. The new tokens are backed 1:1 by the underlying stocks and can be traded on Kraken and the xStocks Alliance collaborative platform after launch, and have already integrated with the DeFi ecosystems of chains such as Solana, Ethereum, TON, Ink, and X Layer.Previously, Payward reached a tokenization cooperation with the London Stock Exchange. Subject to regulatory approval, the London Stock Exchange plans to launch xStocks in 2027 and trade on LSE 24. Currently, xStocks is still not open to UK investors.

The U.S. October CPI exceeded expectations for the third consecutive time. Waller stated that a rate hike of 25 basis points in December is possible, and a 50 basis point hike cannot be ruled out. U.S. Treasury yields surged, with the ten-year approaching 5%. Saxo Bank pointed out that the market has fully priced in a rate hike in December, and the dollar has rebounded strongly.

On November 11, WEEX announced that the BNB trading airdrop is in full swing, with a total prize pool of 50,000 USDT.During the event, new users who net recharge ≥ 100 U and choose BNB for their first spot trading (no limit on trading volume) will receive a reward of 10 USDT; if the first BNB spot trading results in a loss, platform compensation can be obtained, with a maximum of 50 USDT bonus; if the cumulative BNB spot trading volume ≥ 500 USDT, users can unlock a lucky blind box worth 5-50 USDT; inviting friends to participate in the event can earn up to 1,000 USDT in rewards.

According to Bitget's official data, as of the time of publication, the total investment amount for its IPO Prime project Anthropic VIP round is $101,592,299, with 2,166 participants. The VIP round subscription will end today at 16:00 (UTC+8). VIP 1 - VIP 7 users can participate before the deadline using USDT or USDGO, with a personal investment limit of $3 million and a total investment pool limit of $1 billion.In addition, the public round subscription opened on November 10 at 16:00 and will continue until 16:00 (UTC+8) the day before the IPO, open to all users, with an investment range of $100 to $25,000. Eligible users can participate in both rounds simultaneously, with the two rounds being independently allocated. For more details, please refer to the Bitget official platform.

Solid Intel stated that if MSCI removes the Strategy from its index, the Strategy may face a sell-off of up to 2.8 billion dollars from passive funds.

CryptoQuant analyst Arab Chain stated that Binance's estimated leverage ratio for XRP has dropped to about 0.14, the lowest level in three months.