Publicly listed financial services company SoFi has launched SoFi Crypto, allowing users to trade Bitcoin, Ethereum, Solana, and other crypto assets, while also accessing the company's other banking services. This launch marks the company's first return to the cryptocurrency space since 2023, after it discontinued its cryptocurrency service following "careful consideration."

Coinbase has abandoned its plans to acquire UK-based stablecoin infrastructure company BVNK, ending previously progressing negotiations for a potential $2 billion takeover. A Coinbase spokesperson stated, "After discussing the possibility of acquiring BVNK, both parties agreed not to pursue the matter further."

The Central Bank of Brazil has officially announced a regulatory framework for the cryptocurrency industry, requiring all Virtual Asset Service Providers (VASPs) to obtain a license from the central bank and hold at least 10.8 million to 37.2 million reais (approximately US$2 million to US$7 million) in capital, depending on the type of business. The new regulations bring cryptocurrency activities under the supervision of the foreign exchange and capital markets, requiring companies to regularly report cross-border transaction data and imposing restrictions on transactions involving stablecoins, self-custodied wallets, and cryptocurrency-to-fiat currencies.

According to Polymarket forecasting data, there is a 95% chance that the U.S. government will reopen by the end of this week.

According to Odaily, ten major mining companies have released their October mining data, showcasing their operational capabilities and holdings. IREN mined 668 coins with an operational hash rate of 44 EH/s, yielding 15.18 coins per EH/s. MARA produced 736 coins, holding 52,850 coins with a hash rate of 60.4 EH/s, and a yield of 12.19 coins per EH/s. CLSK mined 612 coins, holding 13,033 coins with a hash rate of 46.6 EH/s, and a yield of 13.13 coins per EH/s. CANG reported 603 coins mined, holding 6,521 coins with a hash rate of 46.09 EH/s, and a yield of 13.07 coins per EH/s. RIOT mined 437 coins, holding 19,324 coins with a hash rate of 33.2 EH/s, and a yield of 13.16 coins per EH/s. CORZ produced 247 coins, holding 2,115 coins with a hash rate of 18.1 EH/s, and a yield of 14 coins per EH/s. BTDR mined 511 coins, holding 2,268 coins with a hash rate of 41.2 EH/s, and a yield of 12.4 coins per EH/s. HIVE produced 289 coins, holding 435 coins with a hash rate of 21.9 EH/s, and a yield of 13.2 coins per EH/s. HUT 8 mined 88 coins, holding 10,278 coins with a hash rate of 9.3 EH/s, and a yield of 9 coins per EH/s. FUFU reported 253 coins mined, holding 1,953 coins with a hash rate of 5 EH/s, and a yield of 50.6 coins per EH/s. The market value per net asset value (mNAV) and coins held per thousand shares for these companies are as follows: MARA has an mNAV of 1.01 and holds 0.151 coins per thousand shares. CLSK has an mNAV of 2.91 and holds 0.047 coins per thousand shares. CANG has an mNAV of 0.86 and holds 0.056 coins per thousand shares. RIOT's mNAV is 2.99 with 0.057 coins per thousand shares. CORZ has an mNAV of 24.52 with 0.004 coins per thousand shares. BTDR's mNAV is 13.68 with 0.019 coins per thousand shares. HIVE has an mNAV of 23.55 with 0.003 coins per thousand shares. HUT 8's mNAV is 4.45 with 0.129 coins per thousand shares, while FUFU has an mNAV of 2.59 with 0.104 coins per thousand shares.

1. Mining data of ten major mining companies in October: IREN: 668 coins mined, holdings not disclosed, operating hashrate 44 EH/s, 15.18 coins mined per EH/s; MARA: 736 coins mined, holdings 52,850 coins, operating hashrate 60.4 EH/s, 12.19 coins mined per EH/s, mNAV 1.01; CLSK: 612 coins mined, holdings 13,033 coins, operating hashrate 46.6 EH/s, 13.13 coins mined per EH/s, mNAV 2.91; CANG: 603 coins mined, holdings 6,521 coins, operating hashrate 46.09 EH/s, 15.18 coins mined per EH/s. The following are examples of cryptocurrency mining results: RIOT: 13.07 coins mined, mNAV 0.86; CORZ: 247 coins mined, 2,115 coins held, 18.1 EH/s operating hashrate, 14 coins mined per EH/s, mNAV 24.52; BTDR: 511 coins mined, 2,268 coins held, 41.2 EH/s operating hashrate, 12.4 coins mined per EH/s, mNAV 13.68; HIVE: 289 coins mined, 435 coins held. The following are the statistics for listed mining companies: MARA: mNAV 1.01, holdings 0.151 per thousand shares; CLSK: mNAV 2.91, holdings 0.047 per thousand shares; CANG: mNAV 23.55; FUFU: mNAV 253, holdings 1,953, operating hashrate 9.3 EH/s, mining 9 coins per EH/s, mNAV 4.45; FUFU: mNAV 253, holdings 1,953, operating hashrate 5 EH/s, mining 50.6 coins per EH/s, mNAV 2.59. RIOT: mNAV 2.99, 0.056 coins per 1,000 shares; CORZ: mNAV 24.52, 0.004 coins per 1,000 shares; BTDR: mNAV 13.68, 0.019 coins per 1,000 shares; HIVE: mNAV 23.55, 0.003 coins per 1,000 shares; HUT 8: mNAV 4.45, 0.129 coins per 1,000 shares; FUFU: mNAV 2.59, 0.104 coins per 1,000 shares. Data source: NYSE-listed Bitcoin mining company Cango Inc. (CANG), BitcoinMiningStock.

The article titled "JPMD vs Stablecoins: JPMorgan’s New Deposit Token Explained — Here Is What It Means For Crypto And Banks" delves into the recent introduction of JPMorgan's innovative deposit token, known as JPMD, and compares it to existing stablecoins in the cryptocurrency market. It explores how JPMorgan's token operates, its potential advantages and disadvantages, and its implications for the broader financial landscape, particularly for the relationship between traditional banking institutions and the growing realm of digital assets. By analyzing the features of JPMD in relation to stablecoins, the piece aims to shed light on how this new financial instrument could reshape the dynamics of both cryptocurrencies and banks, highlighting the potential benefits for consumers and investors as well as the challenges that may arise in this evolving ecosystem. source: https://blocknews.com/jpmd-vs-stablecoins-jpmorgans-new-deposit-token-explained-here-is-what-it-means-for-crypto-and-banks/

TSMC has become so big that it’s now jamming up the system. According to Bloomberg, the chipmaker’s unstoppable run in Taipei this year has pushed its weight in major stock indexes to levels that money managers can barely handle. TSMC’s stock has surged by more than 36% so far this year, driven by the never-ending […] source: https://www.cryptopolitan.com/tsmc-stock-caps-trap-us100-billion-in-funds/

According to crypto analyst Ai (@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.

Bitcoin traders are bracing for fresh U. S. inflation data that could steer Federal Reserve policy and dictate the market’s next major move. source: https://decrypt.co/348263/bitcoin-traders-upcoming-us-inflation-print

Bitcoin (BTC) surged this week, climbing 6.7% to break past the $106,000 mark as optimism swelled around a U.S. Senate bill expected to end the longest government shutdown in American history.

The next edition of Blockchain Life will take place in Dubai on December 1-2, right on the eve of the Formula 1 Grand prix.

Digital asset treasuries (DATs) have become one of the explosive phenomena of this crypto cycle, but most of these stocks are now marginalized. This article will delve into the root causes of DAT's continued underperformance and the potential risks if the market shifts towards DATs.

Character.AI faced a wave of users quitting after a viral screenshot showed its emotional account deletion message, sparking backlash over manipulation and dependency. The company’s new CEO has since defended stricter safety rules and a ban on under-18 users, saying some user loss is expected.

SoftBank Group is going all-out to fund its $40 billion commitment to OpenAI — liquidating major holdings, issuing debt, and drawing bridge loans in one of the boldest financing maneuvers in its history.

The roundtable discussion at the 2025 Asia Digital Finance Summit looked ahead to cryptocurrency regulatory policies in South Korea, Malaysia, and Indonesia.

This study explores how changes in supply, institutional demand, and volatility suppression reshape the market structure of Bitcoin.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2875, providing you with the latest and fastest news on the digital currency and blockchain industry.

While smaller projects are still struggling with their next round of financing and issuing tokens, giants are already using cash to buy time and acquisitions to secure their future.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.