[Binance Net Reduced 8,181 BTC in November]
On November 8, Binance released its November reserve report. Compared to October, Binance net reduced approximately 8,181 BTC this month, with the current net holdings at 12,504.789 BTC. Based on the current price of $103,000, the net reduction is valued at approximately $842 million.
[Cango's Mining Output This Week: 126.4 BTC, Total Holdings Reach 6,520.6 BTC]
Bitcoin mining company Cango, listed on the New York Stock Exchange, posted on Platform X that its mining output this week was 126.4 BTC. The company's total Bitcoin holdings have surpassed 6,500 BTC, reaching 6,520.6 BTC, with no sales transactions at this time.
[Curve Community Proposes to Shut Down All Elixir Market Gauges and Halt CRV Token Emissions for Related Pools]
On November 8, the Curve community member LlamaRisk initiated a proposal to disable all Elixir market Gauges to prevent CRV token emissions from flowing into related emission pools. The proposal stated that the DeFi protocol Elixir, which is behind the synthetic stablecoin deUSD and its staked derivative sdeUSD, ceased issuance and burned both tokens on November 6-7, 2025, due to the collapse of its primary counterparty, Stream Finance.
[Gate Launches ZEC and DASH Perpetual Contract Trading]
Gate announced the launch of ZEC and DASH perpetual contract trading (USDT settlement), supporting 1-50x leverage, and simultaneously launched on the Gate Perp DEX platform.
Affected by macroeconomic concerns, the risk of government shutdown, and the $19 billion settlement in October, cryptocurrency related stocks such as Coinbase, Block, and Robinhood fell 11% -14% this week. （Cointelegraph）