ETH breaks through the $3600 mark

[Bitcoin Mining Company Greenidge Reaches Settlement with New York State Over Environmental Permit Dispute] Bitcoin mining company Greenidge announced on Monday that it has reached an agreement with New York State officials to secure a five-year renewal of its critical environmental permit. As part of the agreement, Greenidge has committed to significantly reducing greenhouse gas emissions, with its approved emissions to decrease by 44% by 2030, aligning with the climate law goals passed by New York State in 2019. The law mandates a 40% reduction in statewide greenhouse gas emissions from 1990 levels by 2030. The settlement between the New York State Department of Environmental Conservation and Greenidge concludes all litigation between the two parties, following Greenidge's lawsuit in 2022 over the permit denial.

[Ethereum Foundation Develops dAI2026 Roadmap, Focusing on ERC-8004 and x402 Protocols] On November 11, Davide Crapis, head of the Ethereum Foundation's dAI Team, stated that they are working with the foundation's management to develop the dAI Team 2026 roadmap. The goal is to establish Ethereum as a global decentralized settlement and collaboration base for AI, enabling autonomous intelligent agents to interact with identities, assets, and data under publicly auditable rules. Davide Crapis expressed gratitude to the community for their support of the ERC-8004 and x402 protocols and consulted application development teams on subsequent key areas for support.

[Mixed Performance in the Crypto Market, PayFi and DeFi Sectors Rise Over 3%, ETH Drops Below $3,600] According to SoSoValue data, the crypto market showed mixed performance. The PayFi sector rose 3.96% in the past 24 hours, with XRP gaining 5.36%, Bitcoin Cash (BCH) and Stellar (XLM) rising 2.36% and 3.63%, respectively. The DeFi sector increased by 3.86%, with Uniswap (UNI) showing a significant surge of 45.40%. Reports indicate that the Uniswap team has initiated a proposal involving protocol fee activation, reducing the total supply of UNI tokens, and adjusting ecosystem incentive mechanisms. Bitcoin (BTC) rose 0.23%, fluctuating around the $105,000 mark. Ethereum (ETH) dropped 1.89%, hitting a low of $3,500. In other sectors, the RWA sector rose 1.16%, with Sky (SKY) up 3.15%; the Meme sector gained 0.37%, with OFFICIAL TRUMP (TRUMP) surging 10.15%. The Layer 2 sector fell 0.36%, though Starknet (STRK) bucked the trend with an 8.94% increase; the Layer 1 sector dropped 0.73%, with Hedera (HBAR) rising 6.90% intraday; the CeFi sector declined 1.88%, while Cronos (CRO) climbed 4.46%.

[Analysis Indicates Bitcoin Long-Term Holders Sold 2.57 Million BTC in 4 Months] On November 11, analyst Murphy stated that since July 7, 2025, the amount of BTC held by Bitcoin long-term holders (LTH) has decreased by 363,000, but the actual distribution scale reached 2.57 million BTC, accounting for 13% of the total circulating supply. Despite the market facing significant selling pressure, Bitcoin's price has only dropped by approximately $2,000, indicating strong demand. Murphy believes the current market is still in a bull phase.

The price of Uniswap token has risen due to the proposal of fee adjustment to implement a "Decrypt" mechanism for coordinated incentives. (AiCoin News)