Split Capital proposed the "BLUR Fee Conversion and veBLUR Token Economics" proposal in the Blur Governance Forum, which aims to add a framework for increasing protocol fees and re-flowing fees into vote-locked BLUR (veBLUR) tokens. Currently, the Blur NFT Marketplace Protocol has been operating at 0% market fees while enforcing a 0.5% creator royalty. It is proposed to remove the enforced creator royalty and add a 0.5% protocol fee to each transaction. It is also proposed to form a fee committee that can change the protocol rate to enable rapid adjustments based on market conditions and the competitive landscape.

According to the data from election forecasting agency DECISION DESK HQ, the Republican Party of the United States has gained control of the House of Representatives. It is currently predicted that the Republican Party has won 218 seats in the House of Representatives and has become the majority party in the House of Representatives; the Democratic Party currently has 209 seats. According to previous predictions by many media, the Republican Party has gained control of the Senate.

ZK coprocessor Brevis Network has completed a $7.5 million seed round of financing, led by Polychain Capital and Binance Labs, with participation from IOSG Ventures, Nomad Capital, Bankless Ventures, Hashkey, and several undisclosed angel investors. Brevis began raising funds for this round in June and completed it in September; this round of financing was conducted in the form of token issuance, but refused to disclose the valuation after financing.

As President-elect Donald Trump prepares for a more relaxed stance on cryptocurrencies in the U.S. government, he is looking for candidates for key positions that are friendly to the crypto industry, while his senior advisers are consulting crypto executives on potential changes in federal policy. Early discussions have focused on a range of financial regulators, including the U.S. Securities and Exchange Commission. Trump advisers have considered putting current regulators, former federal officials and financial industry executives in key leadership positions, many of whom have publicly expressed pro-cryptocurrency views, according to five people familiar with the matter. They warned that the discussion process is still in its early stages and the list of candidates is still changing.

Bloomberg ETF analyst James Seyffart said that yesterday's US spot Bitcoin ETF trading volume reached $7.22 billion, which was the highest trading volume since March 14. It was also the sixth highest day in history. BlackRock's IBIT led with $4.6 billion, followed by Fidelity's FBTC, which barely exceeded the $1 billion level.

At around 01:07 am Beijing time, Tether Treasury minted 2 billion new USDT on Ethereum. Tether CEO Paolo Ardoino said this was an authorized but unissued transaction, which means it will be used as inventory for the next issuance request and on-chain exchange.

The current global cryptocurrency market value is approximately $3.11 trillion, up 6.8% in the past 24 hours, breaking through the previous high of $3.069 trillion on November 9, 2021. The current market value of Bitcoin accounts for 56.3%, Ethereum accounts for 13%, and the cryptocurrency trading volume in the past 24 hours is approximately $355.68 billion.

At the current price of Bitcoin at $88,875.7, MicroStrategy's Bitcoin holdings have a floating profit of approximately $12.9 billion. According to previous news, as of November 11, 2024, MicroStrategy holds a total of 279,420 Bitcoins, with a total purchase cost of approximately $11.9 billion and an average price of approximately $42,692.

Bitcoin's market value has risen to $1.758 trillion, surpassing silver ($1.732 trillion) to become the world's eighth largest asset by market value.

As of now, Pump.fun has deposited a total of 793,243 SOL, with a total value of approximately US$132.3 million, an average purchase price of US$166.8, and a total profit of 1,195,261 SOL.

StakeStone is committed to building a liquid ETH/BTC asset standard based on a highly scalable staking network, launching the Liquidity Index BTC (SBTC) and Interest-Bearing Liquidity BTC (STONEBTC) to enhance the application of native BTC in the EVM ecosystem and other blockchain networks.

MicroStrategy announced that it raised $2.03 billion through an ATM stock sale financing event and purchased 27,200 bitcoins between October 31 and November 10. The company currently holds a total of 279,420 bitcoins, with a year-to-date return of 26.4%.

Regional inflows were concentrated in the United States ($1.95 billion), with Switzerland and Germany also seeing inflows of $23 million and $20 million, respectively. Bitcoin led with inflows of $1.8 billion, while Ethereum saw its largest inflow since July ($157 million).