November 17, the Singaporean exchange announced that it will launch Bitcoin and Ethereum perpetual futures on November 24. Bitcoin and Ethereum perpetual futures are only available to eligible institutional investors. (Golden Finance)

November 16th, WisdomTree's Head of Digital Assets Will Peck predicted that an ETF holding a diversified cryptocurrency portfolio will fill a significant market gap in the coming years and become one of the next waves of adoption. A multi-asset cryptocurrency basket can allow users to access the entire industry while mitigating the "idiosyncratic risk" of investing in a single token. Will Peck stated, "We refer to cryptocurrency as an asset class, but it's actually a technology, and the underlying return drivers of each token are actually quite different, despite being generally correlated, just because we're at this stage of the market right now."Several cryptocurrency index ETFs have already been launched this year. This Thursday, asset management firm 21Shares announced the launch of two cryptocurrency index ETFs: 21Shares FTSE Crypto 10 Index ETF (ticker: TTOP) and 21Shares FTSE Crypto 10 ex-BTC Index ETF (ticker: TXBC). Both track the FTSE Russell Crypto Index, offering investment exposure to a broad portfolio of digital assets holding the top ten crypto assets by market capitalization (TXBC excluding Bitcoin) rather than investing in a single token.

BlockBeats News Update: On November 16, according to HTX market data, Bitcoin dropped below $95,000 with a 24-hour loss of 0.7%.

November 16th, according to HyperInsight monitoring, "Buddy" Huang Lizheng partially closed his ETH long position this morning and then slightly increased his position again. Currently, his 25x ETH long position is worth about $25 million, with an opening price of $3,397, a liquidation price of $3,049, the current ETH price is $3,154, and an unrealized loss of $1.9 million."Buddy" realized a profit of $770,000 in the past week, and the total loss in the account is now reported to be $16.43 million.

November 16th, Glassnode announced that the relative profitability of altcoins has fallen to the deep capitulation zone, with only about 5% of the altcoin supply in a profitable state, while Bitcoin's profitability ratio has just started to decline sharply. This unusual divergence between Bitcoin and altcoins is unprecedented in previous cycles.

November 16th, according to LookIntoChain monitoring, a whale entity has opened a large short position on BTC, XRP, and ZEC, with a total value of over $190 million. The current positions are as follows:Short position on BTC with 40x leverage, worth $148 million, opening price $96,065.2, liquidation price $97,560.2;Short position on XRP with 20x leverage, worth $27.3 million, opening price $2.225, liquidation price $2.5;Short position on ZEC with 10x leverage, worth $20.6 million, opening price $652, liquidation price $775.

November 16th, according to Decrypt, the latest 13F filings submitted to the SEC by US universities showed that as of September 30th, Brown University held approximately $13.8 million worth of the Bitwise IBIT position, while Emory University held 1,023,417 shares of the Grayscale Bitcoin Trust, worth around $51.82 million, a significant increase from the previous quarter, and disclosed holding 4,450 shares of the iShares Bitcoin Trust, worth about $289,000.Yesterday's report stated that Harvard University held 6,813,612 shares of IBIT (Bitwise Bitcoin ETF) as of September 30th, valued at $4.428 billion. Compared to the disclosed 1,906,000 shares in June, the holding surged by 257%. The filing also disclosed its holding of 661,391 shares of the GLD Gold ETF (SPDR Gold ETF), valued at $2.35 billion, a 99% increase from the June holding of 333,000 shares.

November 16th, according to LookIntoChain monitoring, the whale address that "previously borrowed coins to short 66,000 ETH" recently purchased 444,895 ETH (worth $13.9 billion) has reportedly started selling. The whale withdrew 177,000 ETH (worth $5.613 billion) from Aave 8 hours ago and deposited 44,000 ETH (worth $1.402 billion) into Binance.The whale's purchase cost was approximately $3437 per ETH, currently facing a loss of about $125 million.

November 16th, according to TheBlock, the U.S. Department of Justice (DOJ) on Friday filed two civil forfeiture complaints seeking to seize $15.1 million worth of USDT stolen by North Korean hackers in 2023. These seized cryptocurrencies can be traced back to the North Korean military hacker group known as "Lazarus Group - Advanced Persistent Threat 38" (APT38), which conducted thefts against four overseas cryptocurrency exchanges in 2023. The Federal Bureau of Investigation (FBI) seized this fund in March 2025 and is currently seeking court approval to confiscate these assets for return to the victims.The efforts to trace, seize, and forfeit the stolen virtual currencies continue as APT38 members persist in laundering funds through various cryptocurrency mixers, tumblers, exchanges, and over-the-counter traders. The DOJ also announced Friday that it has obtained guilty pleas from four U.S. citizens and one Ukrainian national who admitted to fraudulently helping North Korean IT workers secure employment in U.S. companies by providing stolen identities and hosting company laptops in their homes to create a false impression of these workers being based in the U.S.