Bitcoin's year-to-date return rate in November is currently at -12.39%, compared to the historical average return rate of 42.49%.

On November 16th, Binance Alpha launched Play Solana (PLAYSOLANA). Qualified users can use 245 Alpha Points to claim a 2,500 PLAYSOLANA token airdrop on the Alpha activity page. If the rewards are not fully distributed, the points threshold will automatically decrease by 15 points every hour. It should be noted that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm the claim on the Alpha activity page within 24 hours; otherwise, it will be regarded as a forfeiture of the airdrop.

On November 16th, as monitored by on-chain analyst Wu Jinyan, the whale address that "previously borrowed coins for shorting 66,000 ETH" deposited an additional 26,000 ETH into Binance 40 minutes ago. The value of this deposit is approximately $82.47 million. Earlier reports showed that this whale address had recently purchased 444,895 ETH (worth $1.39 billion) and began to sell. 8 hours ago, they withdrew 177,000 ETH from Aave (worth $561.3 million) and deposited 44,000 ETH into Binance (worth $140.2 million).

On November 16th, based on the latest figures from CoinGecko, ZEC witnessed a 24-hour price rise of 11.7%, currently trading at $713.71. Its market capitalization exceeded $11.6 billion, and it surpassed WBT to become the 15th largest cryptocurrency in terms of market capitalization.

November 16th: As analyzed by the Financial Times, the minutes of the Federal Reserve's October policy meeting will be made public early on Thursday morning in Beijing time. At this juncture, investors are becoming increasingly uncertain about the US interest rate trajectory. Last month, the Fed reduced the benchmark interest rate to the range of 3.75%-4%, but investors' hopes for another rate cut in December, which were hinted at by Chair Powell, were dashed. Prior to the October meeting, the market had fully factored in a 25-basis-point rate cut in December. However, Powell's statement that "further rate cuts by the end of the year are not a certainty" quickly reshaped market expectations. This week, Boston Fed President Collins cast doubt on a rate cut in the following month. He emphasized that "the bar for implementing additional easing in the near term is relatively high." The absence of data will pose a significant obstacle for Fed decision-making. The 43-day US government shutd

On November 16th, the Japanese Financial Services Agency (FSA) intends to reclassify 105 cryptocurrencies such as Bitcoin and Ethereum as financial products and bring them within the regulatory scope of the Financial Instruments and Exchange Act. Presently, Japanese residents are mandated to declare cryptocurrency gains as "miscellaneous income," with the highest tax rate reaching 55%. After the reclassification, gains from trading these 105 tokens will be taxed as capital gains, and the tax rate will be lowered to a uniform 20%, which is equivalent to the stock trading tax rate. It is reported that the proposal is expected to be included in the budget for the early 2026 period.

November 16th. According to Caixin's report, from 2014 to 2017, Qian Zhimin launched ten "zero-risk, high-return" "financial products" such as "Blue Sky Fund I," "Blue Sky Fund II," and "Yield with Coin" under the name of Blue Sky Ge Rui. By holding promotion activities and developing downlines in a "pyramid scheme"-like manner, he enticed the public to invest with high interest rates. In approximately four years, the cumulative non-repayable amount reached more than 40 billion RMB, affecting nearly 130,000 people. Among these funds, 34 billion RMB was used to redeem the returns of early products, and tens of billions were siphoned off for Qian Zhimin and his co-conspirators' use. A significant amount was used by Qian Zhimin to purchase cryptocurrency. From a UK court, it was learned that in June 2014, Qian Zhimin instructed his "front person" to open an account for him on the cryptocurrency exchange platform Huobi using investor funds and mobilized 180 million RMB to purchase 100,250