November 13, a key signal appeared on the Bitcoin monthly chart. BiyaPay analyst pointed out that the BTC monthly chart MACD has shown a death cross signal for the first time, which usually means that the market has entered the "early bear market" stage. Although the price is still above $100,000, from a technical perspective, the slowdown in the monthly trend is evident, with the candle breaking below the short-term moving average, the momentum bar consistently shrinking, indicating exhaustion in the uptrend.The analyst stated that it is currently more suitable to maintain a "bearish but not short" strategy. On the one hand, the early bear market often comes with repeated oscillations, and blindly going short can easily encounter a swift pullback. On the other hand, there are still policy and liquidity variables that have not been settled in the medium to long term, and there is a demand for periodic rebounds in the market.For investors, BiyaPay recommends strictly controlling positions, avoiding high-leverage operations; if participation is needed, you can diversify your portfolio on BiyaPay through USDT to trade US stocks, Hong Kong stocks, and futures, and use 0 fee cryptocurrency spot contracts to more flexibly manage risks.

November 13th, the Hyperliquid ecosystem DeFi project Hyperwave announced that due to a rare drop in the exchange rate, all withdrawals submitted since Saturday (November 8th) for its HLP Treasury Yield Farming Token hwHLP need to be resubmitted. You can submit support tickets on the official Discord or within the app.Earlier today, an address suspected of "malicious manipulation" manipulated the POPCAT price on Hyperliquid, resulting in a $4.9 million loss for HLP.

November 12th, Sharplink's Co-CEO and former Head of Digital Assets at BlackRock, Joseph Chalom, stated in an interview that he firmly believes Ethereum will be Wall Street's ultimate foundation for constructing digital finance. The three key attributes that financial institutions are most concerned about — trust, security, and liquidity — are all embodied in the Ethereum network. Because of this, he has decided to put his entire post-BlackRock career on the line for this belief.He describes Ethereum as a "multi-purpose" platform that not only supports financial transactions but can also facilitate lending, trading, NFTs, and complex applications. In comparison, he refers to Bitcoin as an "outstanding store of value tool."Joseph Chalom sees Sharplink as a continuation of his mission at BlackRock: bridging the gap between traditional finance and the crypto ecosystem. "We spent decades building intermediated financial channels, and Ethereum gives us the opportunity to rebuild these channels — faster, cheaper, and more securely." He does not view Ethereum as a speculative technology but rather as the cornerstone of the digital finance wave. "One day, we won't speak of DeFi or TradFi; it will all simply be referred to as finance. And Ethereum is the underlying infrastructure supporting it all."

November 12th, Coinbase has terminated its $2 billion acquisition agreement with BVNK, a stablecoin infrastructure startup. If completed, this would have been one of the largest mergers and acquisitions in the history of the cryptocurrency industry, significantly expanding Coinbase's institutional stablecoin business.Fortune magazine reported on Tuesday that the decision was mutually agreed upon by both parties, but the reasons for the termination are not yet clear. The stablecoin infrastructure developer had signed an exclusivity agreement with Coinbase in October and had completed the due diligence phase. A Coinbase spokesperson confirmed to Fortune: "After discussing a potential acquisition, both parties jointly decided not to proceed with the plan," and indicated that they will continue to explore other opportunities. This would have been Coinbase's second-largest acquisition after its $2.9 billion purchase of the cryptocurrency derivatives exchange Deribit in August.

November 12th, according to Onchain Lens monitoring, the whale/institutional address that "previously borrowed coins to short 66,000 ETH" continues to accumulate ETH. It withdrew another 28,262 ETH (approximately $98.59 million) from Binance 7 hours ago. The whale now holds 355,164 ETH, worth $1.21 billion.

November 12, Coinbase continues to expand its DeFi landscape, with Maverick being one of the first DeFi applications to integrate wallet functionality. Coinbase's embedded wallet feature has now officially landed on Maverick. Users can:· Instantly create a wallet;· Recharge using a bank debit card;· Start exchanging and providing liquidity.Users can use their email to log in to Maverick with one click: https://app.mav.xyz/

November 12, according to official sources, the launch date of spot trading for Allora (ALLO) on Coinbase has been postponed to November 12, 2025. In regions where trading is supported, the ALLO-USD trading pair will be available starting at 9 a.m. Eastern Time or later, subject to meeting liquidity conditions.

November 12th, according to Onchain Lens monitoring, a newly created wallet received 24,007 ETH from Galaxy Digital, worth $82.04 million, likely belonging to BitMine.

November 12th, according to market data, the U.S. stock market closed on Tuesday with mixed results. The three major stock indexes saw different changes, with the Dow rising by 1.18% initially, the S&P 500 Index up by 0.2%, and the Nasdaq down by 0.25%. Crypto stocks experienced a general decline, including:Coinbase (COIN) down by 4.38%Circle (CRCL) down by 5.57%Strategy (MSTR) down by 3.15%Bullish (BLSH) down by 2.58%Bitmine (BMNR) down by 3.79%SharpLink Gaming (SBET) down by 3.26%BTCS (BTCS) down by 6.09%BNB Network Company (BNC) down by 3.7%ALT5 Sigma (ALTS) down by 6.67%American Bitcoin (ABTC) up by 0.41%New SOL Treasury Stock Helius (HSDT) down by 4.09%BTC Treasury Stock Kindly MD (NAKA) down by 5.15%New Stock Figure (FIGR) down by 3.8%

BlockBeats News: According to CME's "FedWatch" data on November 12, the probability of a 25 basis point rate cut by the Fed in December is 69.6%, while the probability of rates remaining unchanged is 30.4%.