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21Shares has submitted the draft 8(A) form to the U.S. SEC for the proposed XRP spot ETF launch.

6 hours ago

On November 8th, Bloomberg ETF analyst Eric Balchunas tweeted that 21Shares has submitted a new Form 8(a) to the US SEC in order to launch its XRP spot ETF. The application is now subject to a 20-day review period.

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Stables Labs: Launches USDX Redemption Plan, Opens Registration Window

On November 8th, Stables Labs announced that "Recently, due to the impact of market liquidity conditions and liquidation dynamics, the market price of USDX has deviated from its reference value. The stability mechanism of USDX is supported by collateral positions and hedging strategies. However, under extreme market conditions, adjustments to these mechanisms may have some lag." The team has now initiated a "Recovery Plan" which is designed to provide affected holders with a recovery path based on a $1 reference value, subject to the availability of resources. This arrangement is voluntary in nature and does not constitute any form of guarantee, redemption obligation, deposit absorption, or pooled investment product. To ensure transparency and verifiability, the following measures will be taken: · Claim registration window: The balances of affected holders will be determined through an on-chain snapshot. · Phased recovery progress disclosure: Progress will be publicly disclosed in a

1 minutes ago

「Pal」 Long Position in ETH Increased to $12.98M, Liquidation Price $3,314.8

On November 8th, according to the monitoring of HyperInsight, the "Buddy" held a 25x long position in ETH, which increased to 3750.33 ETH. This is equivalent to approximately $12.98 million. The current unrealized profit and loss is $360,000, and the liquidation price is $3314.8.

1 minutes ago

The probability of "US Government Shutdown until November 16th and beyond" on Polymarket is currently trading at 57%.

On November 8th, according to the data on the Polymarket website, the platform shows that the probability of "the end of the US government shutdown from November 8th to 11th" is currently 8%. The probability of ending between November 12th and 15th is 34%, and the probability of ending after November 16th is 57%.

1 minutes ago

In the past 24 hours, the total net liquidation across all platforms was $615 million, triggering a long and short squeeze.

On November 8th, based on Coinglass data, the total value of liquidations within the past 24 hours amounted to $615 million. Among them, there were $290 million in long liquidations and $325 million in short liquidations.

1 minutes ago

「HYPE Listing Insider Whale」 Opens 5x STRK Long Position

On November 8th, based on Hyperinsight's monitoring, the "HYPE Listing Insider Whale" initiated a 5x long position in STRK. As of the time of this writing, its position amounted to 293,000 tokens. The total value of its long position is 52.9 million US dollars.

1 minutes ago

Filecoin will be launching on-chain cloud services and will be rolling out a new website for it.

On November 8th, the decentralized data storage protocol Filecoin gave hints of transitioning from a storage network to on-chain cloud services. The official website has been launched, and the waitlist is now open for applications.