November 18th, according to Coinglass data, if Bitcoin falls to $92,000, the cumulative long liquidation strength of major CEXs will reach $848 million.Conversely, if Bitcoin breaks through $95,000, the cumulative short liquidation strength of major CEXs will reach $491 million.BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the relative importance of each liquidation cluster to adjacent liquidation clusters, i.e., strength.Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price, when reached, will generate a more intense reaction due to a liquidity cascade.

November 18th, Sharps Technology released its quarterly financial report for the first time after adopting a Solana-centric digital asset reserve strategy. The data shows that its core medical device business revenue is minimal, while the company holds close to 2 million SOL tokens. The Nasdaq-listed company disclosed in regulatory filings that, as of September 30th, the fair value of its digital asset portfolio was $404 million, but this data reflects the end-of-quarter price level. However, based on the current price of SOL at around $138, the company's holdings are now significantly devalued to $275 million.Furthermore, the company's quarterly product revenue was only $83,622, while product costs exceeded $1.2 million, leading to a significant loss in the manufacturing business. Sales and administrative expenses surged to $110.7 million, driving the quarterly net loss to nearly $103 million. Fueled by the cryptocurrency holdings, total assets surged from $7.3 million at the end of last year to $444 million. The financial report also shows that the company recognized a $15.5 million unrealized gain on digital assets during the period and listed $7.6 million in margin loans and various warrant liabilities related to August financing.In late August, Sharps announced the initiation of a Solana asset reserve strategy through over $400 million in private placement financing, supported by institutions such as ParaFi Capital and Pantera Capital. In early October, it proposed a $100 million stock repurchase plan, but the latest filings did not disclose the progress of this plan. Market response remains consistently poor. The company's stock price hit a historic low this week, declining for several consecutive months since reaching a high of $16 at the end of August. According to Google Finance data, the stock price had fallen below $2.90 on Monday morning, with a market value significantly lower than the current implied value of its Solana holdings.

November 18th, according to HTX market data, Ethereum fell below $3,100, now priced at $3,094.

November 18th, according to on-chain data analyst Yu Jin, BitMine increased its ETH holdings by 54,000 ETH (approximately $180 million) last week. Its total ETH holdings have now reached 3.56 million ETH (approximately $11.27 billion), approaching 3% of the total ETH supply. Currently, its average ETH holding cost is $4,009, with an unrealized loss of $2.98 billion (-21%).

November 17th, according to market data, after DappRadar platform announced its imminent shutdown, the RADAR token initially surged by about 18%, then plummeted by about 40%. Currently, the price is down by approximately 30% from before the announcement, now trading at $0.0007836, with a market cap of only $1.2259 million and a fully diluted valuation of $8.03 million.BlockBeats previously reported that the well-known crypto data website DappRadar announced its upcoming shutdown due to financial difficulties. Further details regarding the DAO and RADAR token will be communicated through regular DAO channels.

November 17th. The well-known crypto data website DappRadar posted on social media, saying "Seven years later, it's time to say goodbye," announcing the platform's closure:"We have made the difficult decision to close the DappRadar platform. In the current environment, operating a project of this scale has become increasingly challenging from a financial sustainability perspective. After exhausting all possibilities, we have had to make this tough choice.When we started in 2018, the space was still in its infancy. Early decentralized applications were few, explorers were scarce, and many questions about the future of decentralized applications remained unanswered. Inspired by Cryptokitties, we created DappRadar with the hope of helping people explore and understand this new world.We have weathered the ups and downs of the market cycle together. We are proud to have helped millions of users discover decentralized applications, conduct research, and continue learning through our content. We have collaborated with hundreds of blockchain projects, thousands of developers, and teams. Our data has been referenced by journalists, appeared in research papers, and spread globally in various languages.The blockchain space is often chaotic, and our mission was to make it more comprehensible and trustworthy. As we turn to leave, we are confident that we have held onto the right path, adhered to our principles, and injected positive energy into the industry.In the coming days, we will start the platform's winding-down process, including ceasing to track blockchain and decentralized application data and gradually shutting down related services. Regarding DAO and RADAR token matters, further updates will be communicated through regular DAO channels. There are still important decisions to be made, and we look forward to community participation in discussions. The mission of helping people explore and understand decentralized applications should not end here. As a guiding light for the exploration that the Web3 space still needs, we hope someone will pick up the torch and continue moving forward."

November 17th, according to HTX market data, Bitcoin fell below $94,000, erasing all its earlier gains after the U.S. stock market opened, now trading at $93,865.Earlier, Bitcoin surged 2% within 5 minutes after the U.S. stock market opened, briefly breaking above $96,000.

November 17th, Federal Reserve Vice Chair Jefferson stated that financial innovation has always been a hallmark of the U.S. financial system, and the rise of digital assets is part of it. The Fed's regulation neither encourages nor discourages the use of cryptocurrency, as it depends on the private sector. The Fed's role is to ensure that while the public embraces new technology, the banking sector remains safe and sound. As long as the Fed's policies remain in line with the needs of businesses and households, there is no reason to believe that cryptocurrency and other innovations will affect the Fed's monetary policy capabilities. (First Squawk)

November 17th, according to official sources, Brevis has released the ProverNet Whitepaper, proposing a decentralized market mechanism for zero-knowledge proof generation. It utilizes a truthful online double auction to efficiently match diverse computing tasks with specialized proof hardware.Based on collaboration experience in projects such as PancakeSwap, Uniswap, Euler, Linea, MetaMask, ProverNet specifically addresses the core pain points of existing proof infrastructures. ProverNet will run on the dedicated rollup Brevis Chain, with the official launch planned by the end of 2025. Brevis states that this mechanism will drive zero-knowledge proof services from a centralized single-provider model to a competitive market, allowing specialized proof nodes to be deeply optimized for specific tasks. Application users will no longer be limited to a single provider while obtaining verification computing services.