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.

CryptoQuant 创始人 Ki Young Ju 在 X 平台上发文表示，当前 BTC-USDT 永续合约市场杠杆率创下历史新高，是年初的 2.7 倍。Ki Young Ju 补充表示其不确定价格会涨到多高，但当这种规模的杠杆开始平仓时，带来的痛苦不会很小，但其目前仍抱有长期看涨观点。

贝莱德官方更新以太坊 ETF 持仓数据，截至 11 月 12 日，iShares Ethereum Trust ETF 持仓量为 569,536.0777 枚 ETH，持仓市值达到 1,872,150,517.68 美元。

According to Decrypt, the recent significant increase in Bitcoin's price is attributed to enhanced regulatory clarity in major markets, particularly the United States. Kathleen Breitman, co-founder of Tezos, discussed this development at the Web Summit, highlighting that the reduction in regulatory ambiguity has positively impacted the cryptocurrency market. Breitman emphasized that with clearer regulations, there is potential for more integration of real-world assets with cryptocurrencies, as navigating the regulatory landscape becomes more straightforward. Breitman also pointed out that the adoption of financial instruments like ETFs, prediction markets, and stablecoins is promising for the future of cryptocurrencies. She suggested that these developments could pave the way for new use cases, including mainstream crypto gaming. Additionally, she described meme coins as an extension of NFTs, which help build communities and create a peer-to-peer, stateless nation. Despite the positive outlook, Breitman noted that the cryptocurrency industry has been overcapitalized for several years. She compared this situation to the 19th-century railroad boom, where a lack of standardization led to inefficiencies. In the crypto sector, overcapitalization has resulted in a lack of strong incentives to establish common standards among competing projects. However, with increased regulatory certainty, Breitman hopes for a greater focus on the technical aspects of cryptocurrencies, such as wallet infrastructure. Breitman expressed optimism that more serious players will enter the crypto space as a result of its implicit endorsement by the U.S. government. This endorsement is perceived by the market as a positive signal, potentially leading to further growth and development within the industry.

俄罗斯政府立法活动委员会于 11 月 11 日推进一项加密货币税收法案。该法案将加密货币定义为财产，对个人和企业矿工制定了不同的税收要求。根据新规定，企业需在联邦税务局注册才能合法开展挖矿业务，而个人月用电量在 6000 千瓦时以下可无需注册。新框架采用双阶段征税模式，第一阶段在加密货币到账时征税，第二阶段在出售时征税。从 2024 年起，个人交易者和矿工年收入超过 240 万卢布将按 13%至 22%的累进税率征税，企业税率将在 2025 年提高至 25%。（福布斯）

Cardano 基金会是一家致力于推动 Cardano 生态系统发展的非营利组织，11 月 13 日该基金会发布了 2023 年财务洞察报告，旨在透明地展示该组织如何在教育、采用和复原力等核心重点领域使用资金，报告称 2023 年其资产总额约为 4.78 亿美元，其中 82.5%的资金为 ADA，10.1%为 BTC，其余为美元。（Cointelegraph）

今日晚间推荐阅读：1.CPI数据关键时刻 美股波动对加密市场意味着什么？；2.Bitwise：为何说比特币将涨至50万美元或更高 它需要什么条件；3.起底00后亿万富翁的财富跃迁之路

According to Odaily, Noelle Acheson, the author of 'Crypto Is Macro Now,' has highlighted that the relatively moderate leverage in the cryptocurrency market reduces the risk of a significant pullback. Acheson noted that while the market's current pause is welcome, it is likely to be temporary, as favorable factors remain strong. In a report, Tony Sycamore, a market analyst at IG Australia, echoed similar sentiments. He acknowledged the potential for further market gains but emphasized that much of the positive news has already been factored into current valuations. This cautious optimism reflects a broader sentiment in the market, where stakeholders are balancing the potential for growth against the inherent volatility of cryptocurrencies.

According to Foresight News, the Russian government's Legislative Activities Committee has moved forward with a cryptocurrency tax bill on November 11. This legislation classifies cryptocurrency as property and establishes distinct tax requirements for individual and corporate miners. Under the new regulations, businesses must register with the Federal Tax Service to legally conduct mining operations, while individuals consuming less than 6,000 kilowatt-hours of electricity per month are exempt from registration. The proposed framework introduces a two-stage taxation model. The first stage involves taxing cryptocurrency upon receipt, with the tax base calculated based on the closing price on major exchanges. The second stage imposes taxes upon sale, with additional taxes applied if the selling price exceeds the initial taxable value. Starting in 2024, individual traders and miners with annual incomes exceeding 2.4 million rubles will be subject to a progressive tax rate ranging from 13% to 22%. Meanwhile, the corporate tax rate is set to increase to 25% in 2025. The Industrial Mining Association estimates that these tax measures could generate 50 billion rubles (approximately $521 million) in annual revenue for the budget.

全球市场目光正转向即将发布的美国通胀数据，这些数据可能会影响人们对美联储进一步降息空间的看法。美国国债收益率和美元正在攀升，这表明投资者预计特朗普计划征收贸易关税和减税将带来通胀压力。在这种背景下，美股下跌，因为相对较高的借贷成本可能成为包括加密货币在内的风险投资障碍。（Bloomberg）

零知识证明在近 40 年中取得了显著的发展，达到了前所未有的复杂性和效率水平。如今，每天都有新的论文和项目涌现，建立在丰富的思想和创新基础之上。

Beam Chain 是 Justin 对以太坊共识层进行重新设计的提案，该提案为对 Beacon Chain 的进一步升级，以进一步迈向以太坊最终愿景。

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.

市场事件和投资者情绪推动短期价格波动，但随着时间的推移，资产通常会回归其真正的基本价值。这一原则并非股票独有 —— 它适用于所有资产，包括实物资产、代币和模因币。

一位虚拟人物，或更准确地说，一位AI代理——Terminal of Truths（ToT）——正在互联网上发声。通过它独特的演算逻辑和广泛的号召力，推动了$GOAT代币的发行。

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

现在我说，我是知乎上可以查证的，最富有的、现金流最多的 00 后，有没有人反对？

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.