Ethereum: Stablecoins Inflow Over $1 Billion in 24 Hours
--
Data shows that Ethereum has dominated the stablecoin supply changes in the past 24 hours, with inflows exceeding $1 billion. （Cointelegraph）
Loading...
Data shows that Ethereum has dominated the stablecoin supply changes in the past 24 hours, with inflows exceeding $1 billion. （Cointelegraph）
[Intuition Native Token TRUST Listed on Multiple Trading Platforms] On November 6, the financial information native chain Intuition announced that its native token TRUST has been listed on multiple cryptocurrency trading platforms, including Binance Alpha and Futures Platform, Coinbase, Upbit, Bithumb, Bitvavo, BitPanda, KuCoin, Kraken, and Gate. Previously, Intuition launched its mainnet and completed $8.5 million in financing, with community sales sold out on CoinList and Legion platforms, supported by investors such as Superscrypt, Shima, F-Prime under Fidelity, ConsenSys, and Polygon. The beta version attracted over 244,000 participants, generating more than 5.3 million transactions. Recently, the testnet user accounts exceeded 990,000, with total transaction volume surpassing 18 million.
[BitMEX Co-Founder Arthur Hayes is Bullish on ZEC Reaching $1,000 Again] On November 6, BitMEX Co-Founder Arthur Hayes stated in a post that he expects the price of ZEC to reach $1,000 and hopes that opponents will continue shorting. Previously, on October 30, Arthur Hayes had expressed that ZEC could rise to $10,000, describing its upward momentum as unstoppable.
[Spot Gold Breaks Through $4,000/oz, Up 0.53% Intraday] Spot gold prices have once again broken through the $4,000/oz mark, with an intraday increase of 0.53%. This rebound in price reflects the continued rise in market demand for precious metals, which may also be driven by factors such as global economic uncertainty.
[Trump Tariff Tweet Triggers Market Turmoil, Bitcoin Plummets] VanEck released its October 2025 Crypto Monthly Review report, noting that at 10:41 AM Eastern Time on October 10, Trump tweeted about imposing a 100% tariff on all Chinese goods, causing significant volatility in the macro markets. The U.S. dollar surged, risk assets were sold off, and Bitcoin, as a highly liquid speculative asset, plummeted. Within less than 12 hours, approximately $19 billion in crypto futures positions were liquidated. Bitcoin prices on major exchanges fell below six figures, with smaller exchanges briefly dropping to around $100,000. By the end of the month, Bitcoin recovered to approximately $115,000, marking an overall decline of about 4–9%. Ethereum showed a similar trend, nearing its monthly low and declining by approximately 6%.
[DeFiance Capital CEO: Marginal Risk Capital in Crypto Markets Relies on Offshore and Korean Exchanges] DeFiance Capital CEO Arthur stated that his trading performance has significantly improved recently by ignoring macroeconomic noise and focusing on the supply and demand dynamics of the cryptocurrency market. He pointed out that although the U.S. traditional financial sector holds an optimistic attitude toward the crypto market, this sentiment may be difficult to sustain without seeing substantial capital actually entering the market. Arthur emphasized that the primary sources of marginal risk capital in the current crypto market remain concentrated in offshore and Korean centralized exchanges. However, the capital inflows into these exchanges have been declining for several consecutive months, which may potentially impact market liquidity.