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A summary of major market events on November 13.
![[Bitpush Daily News Selection] Canary spot XRP ETF records $580 million in trading volume on its first day, setting this year's ETF launch record; Strategy shares fall to a 13-month low, still trading at nearly a 20% premium to its bitcoin holdings; Chicago Board Options Exchange to launch prediction markets within months, but will avoid sports events](https://img.bgstatic.com/multiLang/image/social/3ee473643d7ef9db56ddfe60a7ebbe8b1763027641206.png)
The potential end of the U.S. government shutdown means the SEC and CFTC will resume crypto regulatory work. The SEC may prioritize support for tokenization businesses, while the CFTC plans to promote spot crypto trading. The Hello 402 contract has been exposed to risks of unlimited issuance and centralized manipulation. The probability of a Fed rate cut in December is 69.6%. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated by the Mars AI model.
- 01:50Cosmos ecosystem liquid staking protocol Drop announces it will cease operations, cancel token issuance and airdropJinse Finance reported, according to an official announcement, that the Cosmos ecosystem liquid staking protocol Drop has announced an orderly cessation of operations. The protocol was launched in 2024. Drop stated that, given the current direction of ecosystem development and broader market conditions, the protocol is no longer able to find a sustainable development path. At the same time, the issuance of the DROP token will not proceed, and the airdrop related to the Droplets program will also be canceled. Drop is exploring the possibility of distributing protocol revenue to participants in the Droplets program as a way to return value to contributors. In terms of asset management, dTIA and deINIT will begin to be gradually phased out, with withdrawal functions remaining open; dATOM and dNTRN will continue to be supported, and Drop is in discussions with potential partners about the possibility of keeping these two assets operational.
- 01:44Asian stock markets opened lower across the board todayOn November 14, according to market data, Asian stock markets opened lower across the board today. Japanese and Korean stock markets opened lower, with the Nikkei 225 index dropping 666.59 points at the opening on November 14 (Friday), a decrease of 1.30%; the Korean KOSPI index opened down 114.2 points, a decrease of 2.74%; the three major A-share indexes opened lower, with the Shanghai Composite Index down 0.56%, the Shenzhen Component Index down 1.14%, and the ChiNext Index down 1.74%; Hong Kong stocks opened with the Hang Seng Index down 1.52% and the Hang Seng Tech Index down 2.22%.
- 01:33Data: In the past 24 hours, total liquidations across the network reached $752 million, with long positions liquidated for $601 million and short positions for $151 million.According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $752 million in the past 24 hours, with long positions accounting for $601 million and short positions for $151 million. Among them, bitcoin long positions were liquidated for $226 million, while bitcoin short positions were liquidated for $47.0276 million. Ethereum long positions were liquidated for $163 million, and ethereum short positions for $63.5868 million. In addition, over the past 24 hours, a total of 196,988 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD, valued at $10.4697 million.
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MoreCosmos ecosystem liquid staking protocol Drop announces it will cease operations, cancel token issuance and airdrop
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