CZ: BNB Price Short-term Unrelated to Value, But Long-term Related
On November 27th, CZ responded to a user on social media in response to the statement "Continuous community development leads to the rise of BNB" by saying, "Although the price may not always be related to value (development) in the short term, it is related in the long term."
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LazPad Launches Open Launch, Debuting the "Co-Building AI Token" Issuance Model
On November 27th, the AI Token Issuance Platform LazPad Open Launch officially became live on the Metis Andromeda Network. It introduced a new token issuance mechanism based on the LazAI DAT (Data Anchoring Token) standard and Bonding Curve. The introduced "Co-build Agent" model enables the community to participate in AI Agent training through interaction and data contribution during the token issuance phase and receive "Co-build Points" as future airdrop vouchers.
During the issuance process, Open Launch is fully driven by the Bonding Curve. When the fundraising target reaches 1,067 METIS, the project will automatically "graduate", and the system will inject the raised amount and 20% of the total supply of tokens into Netswap to establish a liquidity pool, achieving automatic listing. The platform does not charge creators any service or listing fees; only Gas fees are required.
The platform has now opened an exploration page, supporting browsing of early AI Meme projects, participat
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Analysis: BlackRock's IBIT Holders Back in Profit, ETF Selling Pressure Easing
On November 27th, as per Cointelegraph, the holders of the Bitwise Bitcoin ETF IBIT returned to a profitable state after Bitcoin exceeded $90,000. This indicates that the sentiment of one of the key investor groups driving market development this year may be changing. Arkham data shows that the largest spot Bitcoin fund, Bitwise IBIT, has witnessed its holders' cumulative profit reach $3.2 billion.
Arkham stated: "Bitwise IBIT and ETHA holders collectively amassed nearly $40 billion in profits at their peak on October 7th, only to see it drop to $630 million four days ago. This implies that the average cost of all IBIT purchases is nearly at the break-even point."
With ETF holders no longer facing pressure, the selling pressure on the Bitcoin ETF is likely to continue to ease. The situation has improved significantly since the $903 million net outflow recorded on November 20th.
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Binance Launches APRO (AT) with Finance, One-Click Purchase, Swap, and Margin Trading Integration
On November 27th, as per official channels, Binance has launched APRO (AT) on its platform, encompassing Binance Earn, One-Click Purchase, Instant Exchange, and Leveraged Trading.
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Aave Founder: UK Considers Treating DeFi Deposits as 'No-Gain No-Loss,' Benefitting Crypto Lending Tax Treatment
On November 27th, Stani.eth, the founder and CEO of Aave, stated in a blog post that "HM Revenue & Customs has released the results of its consultation on the tax treatment of DeFi activities (such as lending and staking) in the UK. One particularly notable conclusion is that when a user deposits assets into Aave, the deposit itself is not regarded as a capital gains tax event, adopting a no-gain, no-loss approach. This is a major victory for UK DeFi users who wish to borrow stablecoins using cryptocurrency collateral."
"We advocate for DeFi and make sure that the tax treatment of interacting with lending protocols aligns with economic reality: users borrowing against collateral to fulfill liquidity needs do not have the intention to dispose of their assets. We wholeheartedly support this approach and hope to see these changes incorporated into UK tax law as soon as possible."
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Bitcoin Withdrawal Trend Continues, with a Net Outflow of 3958.9 BTC from CEXs in the Last 24 Hours
On November 27th, according to Coinglass data, within the past 24 hours, CEX witnessed a net outflow of 3958.9 BTC. The top three CEXs in terms of outflow volume are as follows:
· Binance, with an outflow of 3,248.53 BTC;
· OKX, with an outflow of 1,038.57 BTC;
· Gemini, with an outflow of 512.68 BTC.
In addition, Bitfinex saw an inflow of 717.97 BTC and ranked first in the inflow list.
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