According to CoinDesk, Ether (ETH) exchange-traded funds (ETFs) have recorded positive cumulative flows for the first time since their launch in July, following five consecutive days of net inflows. The cumulative flows of these funds have reached $94.62 million, marking a significant milestone. On Tuesday, the nine spot ether ETFs listed in the U.S. saw inflows just under $136 million, bringing the total since November 6 to approximately $650 million, as per data from SoSoValue. The only previous instance of positive cumulative inflows was on July 23, when the first day of trading resulted in a net investment of $106.8 million. However, the ether ETFs did not experience the same enthusiastic reception as bitcoin ETFs did earlier in January. Grayscale's Ethereum Trust (ETHE), which had over $8 billion in assets at the time of listing, began to see outflows that were not balanced by inflows into other funds. Several factors have been suggested for the tepid response to ether ETFs, including the absence of staking provisions and the relatively subdued price movement of ETH amid the broader crypto bull market. Over the past year, Ether has increased by about 55%, while Bitcoin (BTC) and Solana (SOL) have surged by approximately 141% and 305%, respectively, according to CoinDesk Indices data.

According to Arkham monitoring, about three hours ago, 960.053 BTC were transferred from the Binance hot wallet to the Ceffu Deposit address, worth approximately US$84.13 million. About five minutes ago, the funds were transferred to the Ceffu hot wallet address again.

Kathleen Breitman, co-founder of Tezos, said that Bitcoin's recent "parabolic" price rise reflects the increased regulatory certainty in "major markets such as the United States." She believes that now that the status of cryptocurrencies in major markets such as the United States is less ambiguous, there will be more things like pegging real-world assets to cryptocurrencies because it is easier to navigate in the regulatory environment. (Decrypt.co)

Leon Waidmann, a senior researcher at OnchainHQ, believes Ethereum is on the verge of a rally. The analysts suggest strong fundamentals, such as Ethereum’s current deflationary mechanism, support the imminent ETH upsurge. source: https://www.cryptopolitan.com/ethereum-shrinks-signs-of-imminent-rally/

According to Lookonchain monitoring, DWF Labs received 10 million NIKO for market making, accounting for 1% of the total supply, worth about $495,000. Previously, the DWF Labs wallet also received 111.94 billion X tokens for market making, worth $35.6 million.

According to Bitcoin Magazine, Japanese-listed company Metaplanet has $28 million in unrealized profits on its current Bitcoin holdings.

Following their listing, ether ETFs did not enjoy the same response as their bitcoin equivalents had done in January. source: https://www.coindesk.com/markets/2024/11/13/ether-etfs-in-the-black-for-the-first-time-after-5-days-of-inflows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

According to BlockBeats, on November 13, Ki Young Ju, the founder of CryptoQuant, shared insights on social media regarding the current state of the BTC-USDT perpetual futures market. He noted that the leverage in this market has reached an all-time high, now standing at 2.7 times the level observed at the beginning of the year. Ki Young Ju expressed uncertainty about how high the prices might rise, acknowledging the potential for significant market shifts. He highlighted that when leverage of this magnitude begins to unwind, the resulting market impact could be substantial. Despite these concerns, he maintains a long-term bullish outlook on Bitcoin. This perspective suggests confidence in the cryptocurrency's future growth, even amidst potential short-term volatility due to high leverage levels.

According to BlockBeats, Cardano released its inaugural financial insight report on November 13, detailing its expenditures in 2023 across operations, education, and adoption. The foundation allocated $19.22 million to these three areas, with an additional $4.55 million spent on central operational costs, bringing the total expenditure to $23.77 million. As of December 31, 2023, the Cardano Foundation's total assets amounted to $478.24 million. Of these assets, 82.5% are held in ADA, 10.1% in BTC, and the remainder in USD liquidity. Notably, TradingView data indicates that since the beginning of the year, BTC has appreciated by 109%, while ADA has depreciated by 9%. CEO Frederik Gregaard highlighted that the foundation currently employs over 100 staff members. Their primary focus is on collaboration with institutions, enterprises, regulators, and policymakers. BlockBeats notes that Cardano (ADA) maintains a market capitalization of $19.2 billion, ranking it as the 10th largest in the cryptocurrency market.

Ki Young Ju, founder of CryptoQuant, posted on the X platform that the current BTC-USDT perpetual contract market leverage has hit a record high, 2.7 times that of the beginning of the year. Ki Young Ju added that he is not sure how high the price will rise, but when leverage of this scale begins to close, the pain will not be small, but he still holds a long-term bullish view.

Recommended readings tonight: 1. CPI data critical moment, what does the volatility of US stocks mean for the crypto market? 2. Bitwise: Why is Bitcoin said to rise to $500,000 or more? What conditions are needed? 3. The road to wealth leap of post-00 billionaires

Zero-knowledge proofs have evolved significantly over the past 40 years, reaching unprecedented levels of complexity and efficiency. Today, new papers and projects emerge every day, building on a rich foundation of ideas and innovation.

Beam Chain is Justin’s proposal to redesign the Ethereum consensus layer. The proposal is a further upgrade of Beacon Chain to move closer to Ethereum’s ultimate vision.

China has witnessed one of the deadliest in the country after 35 people were killed and 43 more were injured after a man used his car to go on a rampage at a sports centre in the southern Chinese city of Zhuhai on Monday.

A phishing attack on a cryptocurrency investor led to the theft of 95.3 million GIGA tokens, worth over $6 million, through a fake Zoom link. The hacker quickly sold the stolen tokens, converted them into Solana and stablecoins, and moved the funds to obscure wallets, while the investor is now working with law enforcement to recover the assets.

Market events and investor sentiment drive short-term price fluctuations, but over time, assets generally return to their true fundamental value. This principle is not unique to stocks — it applies to all assets, including physical assets, tokens, and memecoins.

A virtual character, or more precisely, an AI agent - Terminal of Truths (ToT) - is speaking out on the Internet. Through its unique algorithmic logic and wide appeal, it is driving the issuance of $GOAT tokens.

Bhutan’s Bitcoin reserves have now crossed $1 billion, positioning the nation as one of the top holders of cryptocurrency.

Now I say that I am the richest post-00s with the most cash flow, which can be verified on Zhihu. Does anyone object?

A massive cryptocurrency scam in South Korea led to the arrest of 215 people, including a YouTuber who used his platform to promote fake investment schemes. The scam, which targeted over 15,000 investors, defrauded them of around $230 million by selling worthless crypto assets and making false promises of high returns.