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.

November 11th, the US-listed cryptocurrency exchange Gemini Space Station released its first post-listing financial report, and its third-quarter loss exceeded market expectations.Due to a sharp increase in marketing and listing-related expenses, the net loss for the quarter reached $1.595 billion (or $6.67 per share), doubling the analysts' expectation of $3.24 per share. Despite a doubling of revenue to $50.6 million year-over-year, the company's stock price still fell by 8.67% to $15.38 in pre-market trading.

November 11th, Hong Kong. HSBC Bank launched the "HSBC Gold Token" for Hong Kong retail investors, with a total trading volume surpassing $1 billion and over 100,000 transactions, making it the world's third-largest gold token product. The token is denominated in Hong Kong dollars, approved by the Hong Kong Securities and Futures Commission, and is currently the only compliant gold RWA product open to retail investors.BiyaPay analysts believe this marks the transition of RWA from an institutional experimentation phase to a retail adoption period, where traditional assets such as gold are being reshaped through blockchain technology. With increasingly clear regulation and improved liquidity, the tokenization of physical assets may become one of the most certain trends in the crypto space by 2025.BiyaPay analysts also point out that the rising demand for stable income and secure store of value will accelerate the expansion of the RWA ecosystem. Investors can trade US stocks, Hong Kong stocks, and futures using USDT on the BiyaPay platform, enjoy 0% fee cryptocurrency spot contract trading, and actively participate in the new wave of asset digitization.

November 11th, according to The Block, Singapore's DBS Bank is collaborating with Kinexys, a digital asset platform under JPMorgan, to develop an interoperability framework aimed at enabling cross-chain transfer of tokenized deposits within both parties' on-chain ecosystems.This collaboration seeks to build a bi-directional interoperability layer supporting cross-network transactions between public and permissioned blockchains to expand customer reach. Currently, both institutions provide customers with 24/7 liquidity services and real-time payment settlements within their blockchain systems.According to the announcement, JPM Deposit Token users based on the Ethereum Layer 2 network Base will be able to transact with DBS Bank token service customers operating on a permissioned chain in the future. Such interactions have been limited by inherent interoperability challenges and associated security risks, which have been difficult to overcome within traditional financial architectures.

November 11, according to GMGN monitoring, due to the impact of the "Uniswap Fee Switch or Fraudulent Pool Disappearance on Base," the on-chain trading volume of Base has decreased in the past 24 hours. The x402 ecosystem-related tokens have experienced varying degrees of pullback today, including:VIRTUAL: 24-hour loss of 11.6%, with a market cap of $674 million, currently priced at approximately $1.35;PING: 24-hour loss of 23%, with a market cap of $25.3 million, currently priced at approximately $0.025;PAY AI: 24-hour loss of 20%, with a market cap of $15.4 million, currently priced at approximately $0.015;dreams: 24-hour loss of 20%, with a market cap of $22.2 million, currently priced at approximately $0.022;BlockBeats reminds investors that the recent cryptocurrency market has seen a significant increase in volatility, and investors should pay attention to risk control.

November 11th, Swiss crypto bank group Sygnum stated that despite a pullback in October, the "strong demand catalyst" and institutional participation are still at historical highs, with an increasing number of ETF applications signaling further institutional demand. Currently, there are at least 16 crypto ETF applications awaiting approval, which have been delayed due to the 40-day U.S. government shutdown.Crypto Staking ETFs may become the next fundamental catalyst to spark institutional cryptocurrency demand. Over 80% of surveyed institutions are interested in crypto ETFs beyond Bitcoin and Ethereum, with 70% of institutions explicitly stating that they would start investing or increase their allocation if these ETFs offer staking rewards. Staking involves locking up tokens in a proof-of-stake blockchain network to maintain network security and earn passive income.Sygnum believes that investors are eagerly awaiting the end of the government shutdown, which could prompt the SEC to "batch approve" altcoin ETFs, thus catalyzing a "new wave of institutional fund inflows."