Breaking News Preview:
- KITE tokens will be available for collection on November 3rd and will be listed on exchanges such as Binance;
- Hong Kong Fintech Week 2025 will kick off in Hong Kong on November 3.
- The SBF case will begin a week-long hearing on November 3rd;
- Ethena (ENA) will unlock approximately 172 million tokens at 3 PM Beijing time on November 5th, representing 2.52% of the current circulating supply, with a value of approximately $67.1 million.
- The U.S. Securities and Exchange Commission (SEC) will make a decision on the Grayscale DOT spot ETF on November 8.
- The Alpha Arena AI trading competition, hosted by nof1.ai, will conclude on November 4th.
- The US will release the final S&P Global Manufacturing PMI for October, the ADP employment figures for October, and the initial jobless claims for the week ending November 1.
- The US government shutdown may see a turnaround early next week.
November 3
Macroeconomics:
At 22:45 on November 3, the United States released the final reading of the S&P Global Manufacturing PMI for October;
CEX:
Binance Launchpool has listed Kite (KITE), and spot trading of KITE will begin on November 3rd.
Binance has announced the official launch of its 71st Launchpool project, Kite (KITE). KITE is an AI payment blockchain project with a total supply of 10 billion tokens. Users can participate in a two-day airdrop event by staking BNB, FDUSD, and USDC, starting at 08:00 Beijing time on November 1, 2025.
Binance will list KITE on November 3, 2025 at 21:00 (UTC+8), and open trading pairs KITE/USDT, KITE/USDC, KITE/BNB, and KITE/TRY. The initial circulating supply will be 1.8 billion KITE, representing 18% of the total supply. An additional 50 million KITE will be allocated for marketing activities; details will be announced six months after the spot listing.
The KITE Foundation has launched a KITE token airdrop tracking feature, with distribution starting November 3rd . Previously, it was reported that KITE had completed its testnet and NFT snapshots, and 48% of the KITE tokens would be allocated to the community and ecosystem.
Binance Alpha will launch THORWallet (TITN) on November 3rd.
Binance Alpha will launch THORWallet (TITN) on November 3rd. Eligible users can claim the airdrop using Binance Alpha Points on the Alpha event page after trading opens. More details will be announced soon.
Ybit will launch an automatic adjustment feature for perpetual contract funding rates on October 30th, with a planned full rollout on November 3rd. This new feature aims to better reflect real-time market dynamics, helping traders respond more flexibly to market fluctuations without requiring manual strategy adjustments. When the funding rate of a perpetual contract reaches a preset upper or lower limit at settlement, the system will automatically adjust the settlement frequency from once every 4 or 8 hours to once per hour; depending on specific market conditions, the settlement frequency may automatically revert to once every 2, 4, or 8 hours. This feature applies to most perpetual contracts, but excludes some BTC and ETH contracts.
FTX creditor Sunil posted an update on the SBF case on the X platform, stating that the case will begin a week-long hearing on November 3, 2025.
Upbit will delist UXLINK (UXLINK) trading pairs on November 3.
Upbit will end trading support for UXLINK (UXLINK) at 15:00 on November 3, 2025. Affected trading pairs include UXLINK/KRW, UXLINK/BTC, and UXLINK/USDT. Users should note that after trading support ends, previously requested orders will be cancelled, and airdrops, wallet upgrades, and hard forks of this digital asset will no longer be supported thereafter. Users must complete withdrawals before December 3, 2025.
Project Updates:
Aster DEX will update its VIP program on November 3rd, adding ASTER holding requirements.
Aster DEX announced that it will update its VIP program on November 3rd at 08:00, introducing an ASTER token holding requirement. Under the new rules, users must meet both the following conditions to obtain the corresponding VIP level: 14 days of trading volume (spot or perpetual contracts) and ASTER token holdings (combined spot and perpetual wallet holdings). The platform will conduct a daily evaluation of user VIP levels and fees at the end of each UTC day.
Monad: The MON token airdrop will end on November 3rd.
The Monad Foundation has announced the launch of a MON token airdrop program, distributing tokens to approximately 230,000 members of the crypto community and 5,500 Monad core members. The airdrop can be claimed through the official page [claim.monad.xyz], which will be open until November 3, 2025. Users can verify their identity via EVM or Solana wallet signature.
The airdrop is divided into five categories: Monad community members, active on-chain users, the broader crypto community, crypto contributors and educators, and Monad ecosystem builders. The foundation stated that the airdrop focuses on "genuine contributors," using Trusta AI's anti-Sybil identification mechanism to remove fake addresses, and employing Monad Cards and a community identification system for manual screening.
Governance Voting:
The dYdX community has proposed a three-month trial from November 1, 2025 to January 31, 2026, to use 100% of the net transaction fees on the dYdX chain for DYDX buybacks to increase the token's value. During this period, validator and staker rewards will be paid from the community treasury to maintain network security and prevent fee dilution.
This proposal aims to test higher price-to-earnings ratios and market capitalization efficiency, and will automatically restore the original allocation ratio after the trial ends. It is expected to repurchase approximately $5 million to $10 million worth of DYDX tokens within three months, and the proposal is scheduled to be submitted on November 3rd.
Meetings and events:
Hong Kong Fintech Week 2025 will kick off in Hong Kong on November 3.
As one of the world's most influential fintech events, Hong Kong Fintech Week 2025 will kick off in Hong Kong on November 3. HashKey Group will once again participate in this grand event as a Gold Sponsor and will exclusively host the RWA: Onboard Summit on November 4.
Token unlocking:
Memecoin (MEME) will unlock approximately 3.45 billion tokens at 3:30 PM Beijing time on November 3rd, representing 5.98% of the current circulating supply, with a value of approximately $5.4 million.
November 4
Policy and regulation:
Canada is in discussions regarding stablecoin regulations and may announce a major update in next week's federal budget. Sources indicate that government officials have been engaged in in-depth discussions with regulators and industry players for weeks. Finance Minister François-Philippe Champagne is reportedly expected to address the issue in the budget document to be released on November 4th. In July, the United States passed the Genius Act, authorizing financial regulators to oversee stablecoin issuers and their reserve management, and requiring issuers to comply with anti-money laundering and sanctions evasion regulations. This new law has been welcomed by many in the crypto industry. However, in Canada, due to a lack of relevant legislation, regulators have stated that stablecoins may constitute securities or derivatives. Some experts argue that they should be regulated as payment instruments and subject to rigorous oversight.
CEX:
Binance Alpha will list Dino Tycoon (TYCOON) on November 4th.
Binance Alpha will list Dino Tycoon (TYCOON) on November 4th. Eligible users can claim the airdrop using Binance Alpha Points on the Alpha event page after trading opens on Alpha. Further details will be announced separately.
Project Updates:
The Alpha Arena AI trading competition, hosted by nof1.ai, will conclude on November 4th.
The Alpha Arena AI trading competition, hosted by nof1.ai, will continue until 17:00 ET on November 3, 2025 (06:00 Beijing time on November 4, 2025). Preparations for the second season are nearing completion, and the findings from the first season and ongoing analysis will be used to develop the content for the next phase. The second season plans to introduce more features, release improved prompts and harnesses, and introduce more rigorous statistical methods.
The event, which began on October 17th, was conducted on the Perp DEX Hyperliquid. For the first time, six mainstream Large Language Models (LLMs) were placed in a real, competitive trading environment. Each model was allocated $10,000 to autonomously trade on Perp.
Governance Voting:
The Jupiter community has released a proposal on whether to burn JUP tokens held in the Litterbox Trust. Voting will end on November 4th.
The Jupiter community has released a proposal regarding whether to burn JUP tokens held in the Litterbox Trust. Voting will end on November 4th. The proposal includes whether to burn the 120 million JUP tokens currently accumulated in the Jupiter Litterbox Trust.
November 5
Macroeconomics:
At 21:15 on November 5th, the US October ADP employment figures were released.
CEX:
Binance will support the THORChain (RUNE) network upgrade on November 5th.
Binance announced that it will suspend token deposits and withdrawals on the THORChain (RUNE) network at 0:00 on November 5, 2025, to support its network upgrade. The project team plans to upgrade at block height 23,540,000, expected to take place at 1:00 on November 5, 2025.
Token unlocking:
Ethena (ENA) will unlock approximately 172 million tokens at 3 PM Beijing time on November 5th, representing 2.52% of the current circulating supply, worth approximately $67.1 million.
November 6
Macroeconomics:
At 21:30 on November 6, the number of initial jobless claims in the United States for the week ending November 1;
Policy and regulation:
The Wyoming Stablecoin Council has released a draft rule for token governance for public comment, with the deadline for comments being November 6th .
The Wyoming Stablecoin Council has released its token governance rules and launched a 45-day public comment period. Once officially promulgated, these rules will govern the technical management processes of the Wyoming Stablecoin. The draft rules are available for public review until November 6, 2025.
CEX:
Binance Alpha and Binance Futures will support the AI16Z (ai16z) token swap, incremental issuance, and rebranding as ELIZAOS (elizaOS). According to the announcement, Binance Alpha 2.0 will suspend AI16Z trading and deposits at 18:00 (Beijing time) on November 6, 2025, and complete the swap at a ratio of 1 AI16Z = 6 ELIZAOS. After the upgrade, ELIZAOS trading and deposits will resume at 10:00 (Beijing time) on November 7, 2025.
In addition, Binance Futures will automatically liquidate the AI16ZUSDT U-margined perpetual contract at 17:00 (Beijing time) on November 6, 2025. After liquidation, the trading pair will be removed, and the relisting time will be announced separately.
Project Updates:
Block Inc. will release its Q3 financial results after the market closes on November 6.
Block Inc., the payments platform owned by Twitter co-founder Jack Dorsey, will release its third-quarter 2025 financial results after the market closes on November 6, 2025. Block will also hold a conference call and earnings webcast on the same day at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time to discuss these results.
Tesla (TSLA.O) is scheduled to hold its annual shareholder meeting on November 6, 2025.
According to SEC filings, Tesla (TSLA.O) is scheduled to hold its annual shareholder meeting on November 6, 2025. Reportedly, Tesla (TSLA.O) Chairman Robin Denholm, in a letter on Monday, urged shareholders to vote in favor of CEO Elon Musk 's nearly $1 trillion compensation package before the annual shareholder meeting. "Shareholder voting will close at 11:59 p.m. on November 5."
Token unlocking:
Heroes of Mavia (MAVIA) will unlock approximately 11.89 million tokens at 8:00 AM Beijing time on November 6th, representing 16.92% of the current circulating supply, with a value of approximately $1.2 million.
November 7
Macroeconomics:
Williams, a permanent voting member of the FOMC and president of the Federal Reserve Bank of New York, will speak at the European Central Bank's monetary market conference at 4 p.m. on November 7.
Policy and regulation:
The Hong Kong Securities and Futures Commission (SFC) has launched a tender for a virtual asset trading monitoring system, aiming to continuously upgrade its regulatory capabilities. The tender deadline is November 7, 2025, and the winning bidder is expected to be determined in the first half of 2026 to enhance the detection of abnormal virtual asset trading.
Token unlocking:
RedStone (RED) will unlock approximately 5.54 million tokens at midnight Beijing time on November 7th, representing 2.40% of the current circulating supply, with a value of approximately $1.8 million.
November 8
Policy and regulation:
The U.S. Securities and Exchange Commission (SEC) will extend its review period for Nasdaq's application to list Grayscale Polkadot Trust (DOT). The deadline for the Commission to approve or reject the proposed rule changes will be extended by another 60 days, with a final decision date of November 8.
The United Arab Emirates (UAE) has taken a key step in aligning its digital asset policies with international tax standards by signing the Multilateral Competent Authority Agreement (CARF) on Automatic Exchange of Information under the Crypto Asset Reporting Framework. The UAE Ministry of Finance announced the agreement on Saturday, signifying its formal commitment to implementing the OECD Global Digital Asset Reporting System. CARF establishes a mechanism to facilitate the automatic exchange of crypto asset tax information among participating jurisdictions, enhancing international cooperation, transparency, and tax compliance. The UAE will launch the framework in 2027, with the first information exchange scheduled for 2028. To prepare for implementation, the UAE publicly solicited opinions from industry stakeholders from September 15 to November 8. Furthermore, the UAE joins 50 other jurisdictions in pledging to adopt the framework, with countries such as New Zealand and Australia also committing to its adoption.
Token unlocking:
Space and Time (SXT) will unlock approximately 24.64 million tokens at 9 PM Beijing time on November 8th, representing 1.62% of the current circulating supply, worth approximately $1.3 million.
November 9
Project Updates:
Clanker has completed its first contract upgrade and will conduct its second upgrade on November 9th.
Clanker, the AI agent for the Base ecosystem, tweeted that it has completed its first contract upgrade and will conduct a second upgrade on November 9th. User revenue sharing will also open on December 4th. The official statement indicates that when Clanker deploys tokens, it will launch a 1% Uniswap V3 pool on Base. When each token is traded, 1% of the exchange fee in this pool will be collected and distributed as rewards. Of this, 60% of the exchange fee will be allocated to the protocol provider (Clanker), and 40% will be allocated to the requester (the user who requested Clanker to deploy their tokens). Tokens deployed before November 14, 2024, will receive a 75% and 25% revenue sharing ratio, respectively.
Token unlocking:
BounceBit (BB) will unlock approximately 29.93 million tokens at 8:00 AM Beijing time on November 9th, representing 3.85% of the current circulating supply, with a value of approximately $3.3 million.
Specific time to be determined
Policy and regulation:
Politico: The US government shutdown may see a turnaround early next week.
After nearly a month of government shutdown, the situation appears to be finally beginning to change. The looming critical deadlines, coupled with external pressure, are adding new urgency to the bipartisan dialogue that has been stalled for weeks. Senate Majority Leader John Thune and his Senate allies, House Speaker Mike Johnson and other House Republican leaders seem increasingly confident that a growing number of moderate Democrats are prepared to compromise on a temporary funding bill to mitigate the shutdown's impact, possibly as early as next week. Republican leaders are discussing a new temporary funding bill, with dozens of options already in place, including providing temporary funding to the government until around January 21 or later into March.
Project Updates:
Stable: The second phase of the pre-deposit program will begin next week.
Stable, a Layer 1 stablecoin project, announced on the X platform that the second phase of its pre-deposit campaign will launch next week. Stable also stated that this campaign will include restrictions such as a 24-hour countdown, a fixed total deposit limit, single-wallet deposit limits, and personal wallet requirements.
According to previous reports, only 274 addresses successfully participated in the first phase of Stable's $825 million pre-deposit quota .
