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1Bitget Daily Digest (Nov 06) | Monad Plans to Launch Mainnet and Native Token MON on November 24; U.S. Government Shutdown May Delay Crypto Market Structure Legislation Until 20262Bitcoin and Ether ETFs record fifth consecutive day of outflows as crypto prices remain under pressure3Monero (XMR) jumps to 5-month high as privacy coins lead surprise market rally
Flash
- 07:18Data: USDe issuance has dropped below 9 billion, shrinking by nearly 6 billion from its peak.According to ChainCatcher, the circulation of Ethena's stablecoin USDe has dropped below 9 billion, currently reported at 8.915 billion. This represents a decrease of nearly 6 billion from its peak of approximately 14.84 billion.
- 07:18Naval: Even if off-chain assets are wrapped onto the blockchain, at most they can only gain minimal accounting convenience.ChainCatcher News, Silicon Valley's well-known angel investor Naval Ravikant posted on X regarding the idea of "wrapping assets such as real estate and stocks on Zcash," stating, "Only digital, on-chain assets truly make sense. Off-chain assets, even if wrapped onto the chain, can at most gain some minor tracking or accounting convenience, and that's all." Naval is a renowned angel investor in Silicon Valley. He has invested in well-known tech companies such as Twitter and Uber, and is also a successful entrepreneur, having founded the equity crowdfunding platform AngelList. He is also the author of the well-known book "The Almanack of Naval Ravikant." Risk Warning
- 07:17A newly created wallet bet on ZEC and made a profit of $2.7 million in three days, with a liquidation price of $373.13.According to a report by Jinse Finance, Lookonchain monitoring shows that a newly created wallet address (0x96ea) has opened a large Zcash (ZEC) long position, currently with an unrealized profit of $2.7 million. The wallet holds 32,000 ZEC (worth $16.3 million), with a liquidation price of $373.13.