PANews reported on November 4th that, according to the latest Gate Ventures Crypto Weekly Report, the market continued its downward trend last week, with BTC falling 3.51% and ETH falling 5.99%. The BTC ETF saw an outflow of $607 million, while the ETH ETF recorded an inflow of $114 million. The overall cryptocurrency market capitalization decreased by 3.92%, with altcoins performing particularly poorly; coins outside the top ten fell by 4.37%. Overall, market sentiment was cautious, with investors adopting a wait-and-see approach until more clear signals emerge.

In the venture capital arena, 26 funding deals were disclosed last week, totaling $211 million. Infrastructure projects led the way with $137 million, followed by data, DeFi, and GameFi sectors. Notable projects include: Securitize's completion of a $1.25 billion SPAC merger, marking a significant milestone in on-chain finance; Standard Economics' $9 million funding to expand stablecoin cross-border remittances; ZAR's $12.9 million funding to expand its stablecoin distribution network; and Accountable's $7.5 million funding to improve transparency in institutional crypto lending. These developments indicate that capital continues to focus on blockchain infrastructure, compliant finance, and real-world payment innovation.