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📢 Yesterday (November 11) there was a lot of information in the crypto world! Policies and institutional movements were frequent, and several projects also had new developments. Let's take a look at the key points:



⚖️ Policy and Institutional Dynamics

· The U.S. Senate Agriculture Committee has released a draft for crypto regulation, proposing to grant the CFTC new powers to regulate digital commodities. The IRS has issued new guidelines that provide a clear path for staking crypto ETPs.
· The Central Bank of Brazil has released new regulations for virtual asset supervision, officially establishing a legal framework for "Virtual Asset Service Companies," effective February 2026. In addition, the Central Bank of Brazil has prohibited the trading of algorithm-based stablecoins.
· In terms of institutional holdings, Nasdaq-listed Strive increased its holdings by 1,567 BTC, bringing its total to 7,525 BTC. BitMine increased its holdings by 110,301 ETH last week.
· In the traditional finance sector, Santander Bank's digital bank Openbank has launched cryptocurrency trading services in Spain.

🚀 Project and Ecosystem Progress

· Uniswap: A governance proposal to activate the protocol fee switch and implement a UNI burning mechanism, driving the UNI price up over 38% in the past 24 hours.
· Multiple projects have key updates: Chainlink's Q1 incentive program will launch on November 11; Injective's (INJ) Altria upgrade is expected to take place on November 11; Starknet's (STRK) v0.14.1 upgrade will go live on the testnet on November 11.
· Cardano Summit 2025 will be held on November 12 in Berlin.
· Note the unlocking risk: Solayer (LAYER) and Aptos (APT) will have token unlocks on November 11, and peaq (PEAQ) will unlock on November 12.

💡 Other things to pay attention to

· Tether Treasury has minted 1 billion USDT on the Ethereum network.
· Square's Bitcoin payment feature is officially launched, allowing merchants to choose between Bitcoin or fiat currency settlement.
· Coinbase has launched savings accounts in the UK offering a 3.75% annual interest rate, backed by FSCS protection.
· In terms of Meme coin, FARTCOIN on the Solana chain experienced a short-term sharp fluctuation, with over 7.8 million dollars liquidated across the network in one hour.

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💬 Interaction time:

What news surprised you the most in yesterday's market? Which trends do you think might affect the subsequent market situation?

Welcome to share your thoughts in the comments section! $ZEC
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