US lawmakers plan to meet with David Sacks, a crypto advisor to the Trump administration, to discuss matters related to the crypto market structure bill. (Cointelegraph)

null source: https://x.com/solidintel_x/status/1986244643156287954

1. Ripple secures $500 million in funding, led by Fortress and Citadel Securities; 2. Monad: TGE scheduled for November 24; 3. CZ clarifies that the "whale that bought 4.6 million ASTER tokens" was not him; 4. WLFI: Has established a strategic reserve of Meme 1 and is holding it; 5. Yi Lihua: ETH fundamentals are sound, gradual "bottom-fishing" is the best strategy; 6. Stable: The second phase of its pre-deposit program is scheduled to begin tomorrow, with a cap of $500 million; 7. Robinhood's Q3 net revenue reached $1.27 billion, exceeding market expectations; 8. Aave founder: Immutable oracles and interest rate mechanisms may trigger systemic risks, and conflicts of interest among asset managers exacerbate industry risks; 9. Bitcoin treasury company Strive increases its perpetual preferred stock IPO offering size to 2 million shares, priced at $80 per share; 10. 11. Franklin Templeton launches USD-denominated tokenized money market fund in Hong Kong, open to professional investors; 12. Solana Company launches $100 million share buyback program; 13. Balancer releases preliminary report on v2 vulnerability incident: a rounding logic error in bulk exchange transactions was exploited; 14. Grayscale: waives management fees for Solana ETF until fund AUM reaches $1 billion; 15. CleanSpark: Bitcoin holdings increase to 13,033, with 612 BTC mined in October; 16. Bitcoin mining company Cipher Mining to raise $1.4 billion by issuing senior secured notes; 17. Bloomberg analyst: Even with a BTC pullback, BlackRock IBIT's annualized return is still close to 80%; 18. Bitcoin treasury company Hyperscale Data raises $125 million through an ATM program; 19. US President Trump: Stock market will reach new highs; 10. Harmonic completes 600 Paradigm led a seed round of funding worth tens of thousands of dollars.

According to Foresight News, Bitcoin has fallen below 103,000 USDT, currently trading at 103,053.74 USDT. The cryptocurrency has experienced a daily decrease of 0.88%.

According to Foresight News, Nasdaq-listed asset management firm Strive has announced the pricing for its perpetual preferred shares (SATA) initial public offering (IPO) at $80 per share. The company has increased the offering size from the originally planned 1.25 million shares to 2 million shares. Strive emphasized its ongoing focus on maximizing shareholder value through Bitcoin asset allocation. Previously, Foresight News reported, citing CoinDesk, that Strive intended to issue 1.25 million SATA preferred shares to raise funds for increasing its Bitcoin holdings and expanding its business operations. The proceeds may also be allocated to income-generating assets, working capital, or repurchasing common stock. The initial dividend rate for the preferred shares is set at 12%. Strive currently holds nearly 6,000 Bitcoins, valued at approximately $637 million at current prices.

According to PANews, financial giants Citi and DTCC have revealed at the SmartCon event in New York that their cross-asset, cross-border 'Tokenized Collateral' is now operational in real-world transactions. While the technology is feasible, inconsistent regulations pose the biggest challenge. Citi announced that its 'Citi Token Services' are live in the United States, United Kingdom, Hong Kong, and Singapore, handling billions in customer fund flows and settlements. DTCC's 'Great Collateral Experiment' has validated the use of tokenized U.S. Treasuries, stocks, and money market funds as collateral across time zones. The parties involved emphasized the need for unified laws and standards, with institutions like SWIFT participating in the development of shared protocols to avoid fragmentation and compliance conflicts.

According to Cointelegraph, Miami Mayor Francis Suarez remains confident in his decision to receive part of his salary in Bitcoin, despite recent fluctuations in the cryptocurrency market. Speaking to Fox Business, Suarez expressed no concern over Bitcoin's recent dip below $100,000, noting that his Bitcoin earnings have increased by approximately 300% since he began receiving them when Bitcoin was valued at $30,000. He highlighted that his earnings had surged to 400% when Bitcoin reached $120,000, emphasizing his focus on the broader implications of cryptocurrency as a store of value rather than daily market changes. Mayor Suarez, known for his crypto-friendly stance, has been more interested in the development of decentralized finance, cryptocurrency, and artificial intelligence than in the short-term price movements of Bitcoin. His decision to accept Bitcoin as part of his salary in late 2021 was considered a bold move, especially given the uncertain regulatory environment surrounding cryptocurrencies in the United States at the time. Suarez announced his intention to receive his first paycheck in Bitcoin in November 2021, aiming to be the first state or federal lawmaker to do so. Despite some discrepancies in the timeline of Bitcoin's value, Suarez has been a vocal supporter of the cryptocurrency market since December 2020, having owned Bitcoin and Ether prior to receiving his crypto paychecks.

Tangem has launched Tangem Pay, a virtual Visa card that lets users spend USDC stablecoins worldwide. source: https://www.cryptopolitan.com/tangem-brings-self-custody-to-payments/

On Nov 06, 2025, 01:21 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 103,000 USDT and is now trading at 102,963.757813 USDT, with a narrowed narrowed 3.19% increase in 24 hours.

Investors are better off buying ETFs than buying shares in a firm that’s simply putting a crypto asset on its balance sheet, argues Bitwise’s Matt Hougan. source: https://cointelegraph.com/news/bitwise-cio-active-dats-outperform-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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