November 11: Sources revealed that the U.S. House Rules Committee will hold a meeting today around 18:00-18:30 Eastern Time (07:00-07:30 Beijing Time tomorrow) to advance the government funding plan for a vote tomorrow. (FX168)

November 11th, Goldman Sachs estimated that the US non-farm payrolls shrank by about 50,000 in October, marking the largest decline in 2020. Its employment growth tracker slowed from 85,000 in September to 50,000, with an additional 100,000 positions being cut due to the Trump administration's "delayed departure plan."The bank pointed out that the number of layoffs is rising, signaling weakness in the labor market. (FX678)

November 11th, The Lido DAO community has proposed in its latest workstream proposal to achieve automated buyback and liquidity management by deploying an LDO/wstETH position in a Uniswap v2-style liquidity pool. This LP position will be held by an Aragon Agent and if the proposal passes, is expected to be implemented in the first quarter of 2026.The new mechanism aims to trigger buybacks when the ETH price is high and the protocol's annualized revenue exceeds a set threshold, expanding on-chain depth, reducing circulating LDO supply, and thus improving capital efficiency and long-term token value.

November 11th. Wintermute released a Cryptocurrency Market Brief stating that market sentiment has improved and risk appetite has increased. Bitcoin (BTC) is still fluctuating in the $105,000–$107,000 range, showing resilience. However, to drive the altcoin market and spread the momentum, BTC may need to further approach its all-time high. In the short term, U.S. regulatory and political news will become new volatility drivers.This week, the market sentiment has noticeably improved compared to last month. With the dust of October's sell-off settling, investors are realigning their positions in selective risk assets. Trump's proposed "$2,000 tariff rebate" briefly boosted risk sentiment, while the easing of the U.S. government shutdown and weakening macro data also supported the market. However, capital inflows remain limited, and cryptocurrency assets remain the weakest-performing asset class.By segment, sectors such as DeFi, L2, AI, and DePIN have led the gains, but the overall market breadth remains narrow, with only a few strong coins driving the major gains. Funds are still concentrated in mainstream coins, and the pursuit of altcoins lacks sustainability.Overall, the market structure is improving, and sentiment recovery is evident. Cryptocurrency assets may have entered a bottoming out phase. If BTC can break its previous high first, funds are expected to redistribute, triggering a broader altcoin rebound.

November 11th, Bank of England MPC Member Greene has indicated that she continues to support keeping the interest rate unchanged, despite Tuesday's data showing the UK's unemployment rate rising to its highest level since the beginning of the pandemic.Greene stated that she believes the worst period for the labor market is behind us and warned that businesses are forecasting higher wage growth. Greene's comments came just hours before official data showed that the unemployment rate rose to 5% in the three months to September, higher than the economists' expected 4.9%, reaching its highest level since the beginning of 2021. Traders' reaction to this was to increase bets on a rate cut by the Bank of England, with the market currently pricing in over an 80% probability of a rate cut in December.Greene is one of the more hawkish members of the nine-person Monetary Policy Committee. Last week, she supported the majority decision to keep rates unchanged, while four other officials wanted a further 25 basis point cut. She described the current policy stance as not being "intentionally restrictive." (FXStreet)

November 11, at 11:11 AM (UTC), the RaveDAO Genesis Membership NFT officially began minting on Base and BNB Chain, with platform and technical support provided by RaveDAO's official ticketing partner, PLVR. The event will continue until November 15 at 11:11 AM (UTC).As the world's first on-chain membership system for the entertainment culture network, the RaveDAO Genesis Membership provides users with a new way to participate. By minting the membership card, users can receive RAVE points (future exchangeable for $RAVE) and automatically participate in the Genesis Rewards global lottery program. Prizes include RAVE airdrop rewards, a Tomorrowland double VIP ticket package (worth $5,000), and a RaveDAO lifetime VIP pass, among others.This issuance offers four membership levels, each symbolizing a higher status and benefits:1. Emerald Pass: Free admission ticket, connecting to the global community and participating in the lottery;2. Gold Pass: Additional 50 RAVE points, 3x lottery weight;3. Platinum Pass: Priority event access, 500 RAVE points reward, 5x lottery weight;4. Black Pass: Exclusive backstage/VIP access, private event invitations, 2500 RAVE points reward, and 7x lottery weight.RaveDAO has stated that RAVE points will evolve with the ecosystem's development, and their significance and value will continue to increase with the expansion of the RaveDAO global network and the launch of $RAVE. As the first on-chain cornerstone of the RaveDAO ecosystem, the Genesis Membership is not only a pass but also the starting point of a new cultural network, allowing fans, creators, and partners to participate with a verifiable identity, building an on-chain global entertainment system that connects online and offline experiences.

November 11, Binance Alpha has launched Allora (ALLO), with the current price at $1.22 and a market cap of $248 million. Eligible users can claim 50 ALLO tokens airdrop, worth approximately $61 at the current price.

November 11th, according to Defilama data, in the mainstream Perp DEX's near 24-hour trading volume, Lighter saw a significant increase in trading volume, surpassing Aster to take the top spot. Aster saw its near 24-hour trading volume almost halved, dropping from yesterday's $11.94 billion to $5.7 billion. The current partial Perp DEX trading volume is as follows:Lighter's 24-hour trading volume is approximately $10.69 billion, with a TVL of around $1.152 billion;Hyperliquid's 24-hour trading volume is approximately $8.71 billion, with a TVL of around $4.799 billion;EdgeX's 24-hour trading volume is approximately $5.82 billion, with a TVL of around $0.491 billion;Aster's 24-hour trading volume is approximately $5.7 billion, with a TVL of around $1.469 billion;ApeX's 24-hour trading volume is approximately $2.68 billion, with a TVL of around $50.82 million;Pacifica's 24-hour trading volume is approximately $1.03 billion, with a TVL of around $3.891 million;Paradex's 24-hour trading volume is approximately $0.966 billion, with a TVL of around $0.14 billion.

November 11th, according to official sources, Websea announced that its strategic wealth management product, the "Surge Profit Fund," has successfully completed the redemption and distribution of earnings for its initial stable 30-day product. The product, based on the principle of capital preservation, automatically triggers a destruction or compensation mechanism based on the WBS price at the time of user subscription, achieving stable returns for users during the subscription period while enhancing long-term value.The official statement indicated that the Surge Profit Fund's core mechanism is based on "capital preservation, accelerated earnings, and ecosystem deflation," aiming to provide users with a Web3 financial management option that balances security and profitability, thereby supporting the sustainable growth of the platform ecosystem.