November 7th: Several Wall Street banks have issued warnings that the tense situation in the U.S. money market may experience a re-escalation, which may prompt the Fed to intervene early. Although the short-term funding rate has temporarily become stable, the spread between the repo rate and the fed funds rate remains high, indicating a further deterioration in market liquidity. Analysts pointed out that if the pressure continues, the Fed may need to restart its asset purchase program in order to prevent the financial system's reserve from falling into a danger zone. Meanwhile, a report from JPMorgan shows that after the recent deleveraging storm, Bitcoin has made a significant recovery from overleveraged positions. After adjusting for volatility, it is relatively "extremely cheap" compared to gold. Strategist Panigirtzoglou noted that the open interest ratio of perpetual contracts has returned to the early-year average, suggesting that the short-term selling pressure has eased. Bitco

On November 7th, as monitored by Farside Investors, yesterday the US SOL spot ETF witnessed a net inflow of $29.20 million. It has maintained a net inflow for all 8 trading days since its listing, with a cumulative inflow of $323 million.

On November 7th, based on Coinglass data, the total value of liquidated contracts of ZEC on the entire network reached $18.8 million within a 24-hour period. The long liquidations were $2.15 million and the short liquidations were $16.65 million. The liquidation amount was only lower than that of BTC, ETH, and ADA.

On November 7th, according to official information, Binance Alpha will be the first platform to list Aria Protocol (ARIAIP). The Alpha trading will commence on November 7, 2025, at 15:00 (UTC+8). Users who hold at least 226 Binance Alpha Points can claim the token airdrop. They can claim 200 ARIAIP tokens on the Alpha event page. If the event is not yet over, the points threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm the claim on the Alpha event page within 24 hours; otherwise, it will be regarded as a waiver of the airdrop.

On November 7th, based on Farside monitoring data, yesterday the US Ethereum spot ETF witnessed a net inflow of $12.5 million, bringing an end to a 6-day consecutive period of outflows.