BlockBeats reports that on November 7th, according to market data, USDX experienced a significant de-pegging and plummeted to $0.314 early this morning. It has since rebounded to $0.74 but remains in a de-pegged state.

Gate News Bot Report: As of November 7th, according to CoinMarketCap data, NEAR (NEAR Protocol) is trading at $2.14, up 10.74% in the past 24 hours. The price reached a high of $2.20 and a low of $1.73 during this period. The 24-hour trading volume is $428 million. Its current market capitalization is approximately $2.736 billion, an increase of $265 million compared to yesterday. NEAR is a modular high-speed protocol designed for AI, aimed at representing user actions. NEAR not only provides computing power but also supports transactions, coordination, and evolution. On NEAR, AI interacts with users through the front end and executes intentions, while the blockchain handles identity, trust, and data on the back end. By simplifying the blockchain user experience, NEAR supports encrypted model execution, verifiable computation, and cross-chain operations, offering developers a comprehensive platform.

Jin10 Data, November 7: On November 6, Li Chenggang, the International Trade Negotiator and Deputy Minister, met with Mina, the Deputy Secretary-General of the Australian Department of Foreign Affairs and Trade. The two sides had an in-depth discussion on developing China-Australia economic and trade relations and supporting the multilateral trading system.

European Central Bank Governing Council Member Wuiticic stated that current policies are appropriate, with inflation having fallen to the target. However, he cautioned about fiscal discipline in the Eurozone and excessive valuations in financial markets, especially noting that retail funds are outperforming hedge funds, which signals potential risks.

PANews reported on November 7 that SBF stated on social media that, while he does not fully agree with certain claims, he generally agrees with the description that FTX was excessively controlled during bankruptcy protection. He emphasized that his argument of being "innocent" is partly based on the fact that FTX has maintained solvency from the beginning to the end ("assets greater than liabilities"). He also pointed out that the current FTX management team is still withholding certain funds and mentioned that Chinese creditor representative Mr. Ji is working to secure related rights.

Gate News Bot Report: As of November 7th, according to CoinMarketCap data, Filecoin (FIL) is trading at $2.13. It has surged 54.80% in the past 24 hours, reaching a high of $2.22 and a low of $1.28. The 24-hour trading volume is $949 million. The current market capitalization is approximately $1.508 billion, up $534 million from yesterday. Filecoin is a decentralized storage network designed to store humanity’s most important information. It is an open-source cloud storage marketplace, protocol, and incentive layer. Recent key news about FIL: 1️⃣ **Market Sentiment Turns Positive, Driving a Significant Rise in FIL** The price of FIL surged 54.80% within 24 hours, quickly climbing from a low of $1.28 to $2.13. This strong rebound reflects

Today, over $5 billion worth of BTC and ETH options are set to expire. The maximum pain points for Bitcoin and Ethereum are approximately $108,000 and $3,800, respectively. The open interest is mainly concentrated around these key price levels.

Gate News Bot Update: As of November 7th, according to CoinMarketCap, SOON (SOON) is currently priced at $1.39, down 13.26% in the past 24 hours. The price reached a high of $2.88 and a low of $0.67 during that period. The current market capitalization is approximately $459 million, a decrease of $70.13 million from yesterday. SOON is an efficient decoupled SVM stack designed to deliver Solana-level performance for each blockchain. The SOON mainnet is now live on Ethereum, BNB Chain, and Base Chain. The project's core technological innovations include decoupled SVM, Merklization, Firedancer integration, and horizontal scaling. The SOON Stack enables any project to deploy and launch their own Solana-compatible blockchain with just one click. Additionally, SOON offers InterSO...

Gate News Bot Report, November 7th: According to CoinMarketCap data, as of press time, FOLKS (Folks Finance) is trading at $3.97, up 57.29% in the past 24 hours. The price reached a high of $7.83 and a low of $2.52 during this period, with a 24-hour trading volume of $8.99 million. Its current market capitalization is approximately $48.4 million, an increase of $1.76 million compared to yesterday. Folks Finance is a community-driven decentralized platform that offers permissionless DeFi tools across multiple networks. The platform provides a full suite of DeFi services, including lending, staking, and trading, making it one of the largest protocols on Algorand. Folks Finance also offers cross-chain lending infrastructure, supporting borrowing and lending across all supported networks. Recent Important News about FOLKS

A major whale trader who has been shorting Bitcoin since March 2025 has once again made a profit. They currently hold a short position of 1,231.98 BTC, worth approximately $124 million, with an average entry price of $111,499.30. Through funding fees, this trader has earned over $8.77 million.

FTX founder SBF retweeted a post criticizing the bankruptcy management process, claiming that FTX is solvent and vowing to appeal to overturn his 25-year sentence, arguing that the trial was unfair. He maintains that he did not defraud customers and that customer funds are expected to be fully reimbursed.

Gate News Bot Update: As of November 7th, according to CoinMarketCap data, AIA (DeAgentAI) is currently priced at $7.90, representing a 369.73% increase over the past 24 hours. The price peaked at $8.49 and dropped to a low of $1.11. The current market capitalization is approximately $1.021 billion, an increase of $804 million compared to yesterday. DeAgentAI has built a decentralized AI agent infrastructure aimed at realizing the vision of AI agents co-governing decentralized systems with humans. The project focuses on creating trustworthy AI autonomy, ensuring that AI agent decisions are transparent, consistent, and backed by historical data. Recent important news about AIA: 1️⃣ **Gate Launches AIA Perpetual Contracts, Offering High-Leverage Trading Opportunities** Gate will open trading for AIA perpetual contracts on September 18, 2025, at 16:3...

Tether's BTC reserve address holds 87,296 BTC, valued at approximately $8.84 billion, making it the sixth-largest BTC wallet. Since 2023, these BTC have been purchased using 15% of the company's profits, resulting in an unrealized gain of $4.549 billion.

PANews 11月7日消息，据Whale Alert监测，过去12小时，USDC Treasury在以太坊链上发生10起金额超5000万美元的USDC铸造与销毁操作，合计铸造约5.89亿枚、销毁约3.36亿枚，净增发约2.53亿枚USDC。

PANews reported on November 7 that Tether has increased its Bitcoin holdings by 961 coins, approximately $973 million.

Gate News bot message, Tether (@Tether_to) has acquired an additional 961 BTC, valued at $97.34 million. The transaction was processed through the wallet address: bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4. This purchase follows Tether's earlier acquisition of 8,888.889 BTC wort

Jin10 Data, November 7 — Former Speaker of the U.S. House of Representatives and 85-year-old Democrat Nancy Pelosi announced on November 6 that she will not run for re-election to Congress in 2026. Regarding Pelosi’s upcoming retirement, U.S. President Donald Trump told reporters that he is “happy” about it, believing Pelosi’s retirement is a good thing for the United States. Trump said, “I think she’s a wicked woman.”

Gate News bot 消息，Gate 行情显示，自上线Alpha后，CPT 已上涨 1914.50%，现价 0.21 USDT。

On November 6th, a federal judge in Rhode Island ruled that the Trump administration must provide full funding for the Supplemental Nutrition Assistance Program (SNAP) benefits in November, after their previous plan only distributed partial assistance, which did not meet the court's order. The Trump administration has decided to appeal the ruling.

ChainCatcher 消息，据金十报道，2026 年美联储议息票委、克利夫兰联储主席哈玛克表示，通胀水平持续高企不利于美联储再次降息，担心货币政策未能做好应对当前通胀的准备。她指出，当前货币政策几乎没有限制性，且没有明显理由采取进一步政策行动。哈玛克反对美联储上周的降息决定，并警告失业率仍处于低位。

Gate News bot message: Since the launch of Alpha, Gate Market has shown that SPSN has increased by 335.49%, with the current price at 0.005185 USDT.

BlockBeats reports that on November 7th, Federal Reserve's Harker stated, "Given the inflation situation, whether the Federal Reserve should cut interest rates again is not clear." (Jinshi)

ChainCatcher reports that JPMorgan Chase CEO Jamie Dimon stated that it's better to participate in stablecoin trading than to miss out on opportunities.

After USDX depegged to $0.3887, a whale spent $800,000 USDT to buy an additional 933,241 USDX and submitted a redemption request. The expected profit is approximately $135,000, but the redemption has not been successfully completed yet.

金色财经报道，美联储威廉姆斯表示，中性利率难以确定。

Liquid Capital founder Yi Lihua analyzes the current market situation, believing that Bitcoin and Ethereum may rebound. He points to expectations of interest rate cuts and strong US corporate earnings as support, advising investors to stay confident in buying. Cryptocurrencies are still undervalued.

PA News, November 6 — Deribit announced on X that Bitcoin and Ethereum options worth over $5 billion will expire tomorrow at 16:00 (UTC+8). The Bitcoin options open interest indicates that, following last week’s drop below $100,000, market sentiment remains cautious. The maximum pain point remains around $108,000, with a put/call options ratio of approximately 0.83. Hedging activity is active, but there are no signs of panic. Open interest is mainly concentrated in $100,000 put options and $120,000 to $125,000 call options, reflecting the current market stance on Bitcoin. For Ethereum, recent price dips below $3,700 have led to a cautious but orderly market. The maximum pain point is near $3,800, with a put/call options ratio of about 0.9, indicating balanced and slightly defensive positioning. Open interest is concentrated around the $3,500 level.

Odaily Planet Daily reports that, according to market sources, Astar Network's core developer, Startale Labs, plans to launch a stablecoin called "Startale USD."

Foresight News reports that Hourglass announced, "Due to unusually high website traffic, access to the Hourglass website is temporarily affected. Deposits made directly through Etherscan or via programs will not qualify for the stablecoin pre-deposit promotion. These deposits can be withdrawn using the redeemNonKYC function on Etherscan. The minimum deposit period for $100,000 will be extended by at least one hour—please be patient as we work to restore the website."

The market experienced significant fluctuations, with KNC rising by 5.22% and OXT by 18.51%. Meanwhile, several other cryptocurrencies like FARM and MINA saw declines, with larger drops, indicating mixed market performance.

The Ethereum Foundation announced the Fusaka upgrade, scheduled to activate on December 3, 2025. The upgrade primarily introduces PeerDAS to enhance blob throughput, while also optimizing the execution layer and consensus layer to improve Layer 1 performance and user experience.

On November 6, PANews reported that blockchain projects including Solana, Fireblocks, Monad, and Polygon are collaborating to establish a universal framework for cross-chain payments. The newly formed Blockchain Payment Consortium (BPC) aims to "define a common framework based on the convenience and data requirements of traditional payments to enhance the cross-chain transaction experience of stablecoins." The BPC's mission statement includes addressing the challenges faced when converting between traditional payments and blockchain payments. Currently, members of BPC include the Stellar Development Foundation, TON Foundation, Solana Foundation, Monad Foundation, Fireblocks, and Polygon.

Cryptocurrency trading app Fomo completes $17 million Series A funding, bringing total funding to $19 million and attracting investments from several industry leaders. The platform supports cross-chain trading, charges a 0.5% transaction fee, and offers gas fee exemptions, while also integrating social features.