Coinedition

SHIB surged over 80% in the past week. Whale transactions surged 565% on Shiba Inu’s network in one week. SHIB burn mechanism is contributing to the memecoin’s rally.

BounceBit has introduced the new version of CeDeFi platform. The new version includes boosted APY rewards, along with new features. In the first hour, CeDeFi attracted more than $10 million in inflows.

Bitcoin spot ETFs attracted $1.11 billion in inflows on November 11, the second-largest single-day inflow on record. BlackRock’s IBIT ETF led with a $756.45 million net inflow and a record $4.65 billion daily turnover. Total assets in Bitcoin ETFs now stand at $90.6 billion, reflecting growing investor interest in cryptocurrency products.

Steven Nerayoff calls for SEC Chair Gary Gensler’s immediate resignation. Nerayoff highlights Gensler’s illegal activities and unethical ties with Ripple, the CCP & ETHGate. Gensler was also accused of interfering with the US elections, specifically regarding Trump Media and Overstock.

Mt. Gox transfers 30,000 BTC valued at $2.4 billion amid price surge. Bitcoin surpasses $81,000 as Mt. Gox repayment deadline approaches. Trustees are likely preparing for creditor payouts by October 2025.

Ethereum mainnet hits $60 billion in transactions, the highest since July. Renewed interest in Ethereum’s DeFi and NFT ecosystems drives volume. Scalability upgrades are anticipated to boost Ethereum adoption further.