Topics of Crypto World

Robinhood has made a rare move by investing in Lighter, a perpetuals DEX founded by former Citadel prodigy Vladimir Novakovski. Lighter is reshaping trading logic with its innovative ZK Rollup architecture and a zero-fee, tiered latency mechanism. It also provides dedicated technical circuits for DEXs. Lighter has attracted support from leading investors such as Founders Fund and Haun Ventures. This development signals a potential shift in the perpetuals market landscape.

Joseph Chalom, former Head of Digital Assets at BlackRock, provides insights that reveal Ethereum's advantages in combining trust, security, and liquidity. The article also explores Ethereum's potential to address the rigorous risk management requirements of institutional investors.

The article not only provides an in-depth technical analysis but also explores how market participants are responding in such circumstances, as well as the economic and social impacts of the long-term segmentation of the Bitcoin network.

The article, by analyzing the tokenized basis trading launched by Ethena Labs, highlights a critical turning point for structured products in DeFi and explores how this shift is reshaping the market structure.

The article points out that as long-term holders gradually sell and new participants take over, the turnover rate of Bitcoin supply is slowing down, indicating a smoother transfer of ownership.

The chair of the U.S. Securities and Exchange Commission (SEC) unveiled the next phase of "Project Crypto" in a recent speech: establishing a token classification system based on economic substance and emphasizing the legal logic that investment contracts may be terminated. This marks the entry of cryptocurrency regulation into an "era of clarity."

Ethereum will implement the Fusaka upgrade on December 3, marking the most significant technological transformation for Ethereum since the Merge and Dencun. The upgrade centers on PeerDAS sampling verification, blob pricing mechanism improvements, and lightweight nodes to substantially boost network scalability and decentralization. Fusaka ushers in a new era of real-time interaction for Ethereum, providing benefits to DeFi, AI agents, and home node operators.

An in-depth analysis of the resurgence of crypto presales in 2025, exploring the evolution from early participation narratives to structured financing, examining why capital is refocusing on early-stage projects, and revealing how presale models are reshaping the crypto fundraising landscape through case studies like Plasma and MegaETH, balancing compliance and innovation.

Gate Research Daily Report: On November 14, after a period of volatile decline, BTC found short-term support near $98,000; ETH showed signs of a short-term rebound; GT stabilized with support around $10.9 and began to recover; while LUMINT became the market spotlight with a surge of over 670%. The first XRP spot ETF, launched by Canary Capital, began trading on Nasdaq; the Czech National Bank made its first-ever Bitcoin purchase, establishing a $1 million digital asset pilot portfolio; and Emory University doubled its Bitcoin holdings, investing $52 million to increase its stake in the Grayscale BTC ETF.

Gate Research Daily Report: On November 14, after a period of volatile decline, BTC found short-term support near $98,000; ETH showed signs of a short-term rebound; GT stabilized with support around $10.9 and began to recover; while LUMINT became the market spotlight with a surge of over 670%. The first XRP spot ETF, launched by Canary Capital, began trading on Nasdaq; the Czech National Bank made its first-ever Bitcoin purchase, establishing a $1 million digital asset pilot portfolio; and Emory University doubled its Bitcoin holdings, investing $52 million to increase its stake in the Grayscale BTC ETF.

Who will dominate the trading floor: AI or Humans? The first-ever Gate Perps Human vs. AI Trading Competition is live! Six leading AI models — DeepSeek V3.1, Qwen3 Max, Claude Opus 4, Grok 3, GPT-5, and Gemini 2.5 Pro will enter the arena. Register now to compete head-to-head with AI and share a 50,000 USDT prize pool.

Gate, a global leading digital asset trading platform, has released its October 2025 Transparency Report. The report highlights the platform’s continued strong growth momentum from Q3, as it further advances its All in Web3 strategy. Gate achieved significant breakthroughs across multiple dimensions, including core trading performance, ecosystem expansion, global compliance, and brand influence. With both spot and futures markets leading the field and over 44 million registered users worldwide, Gate continues to strengthen its position as one of the most comprehensive and trusted crypto platforms globally.

From October 28 to November 10, 2025, the crypto market continued its rotational pattern, with BTC and ETH rebounding to above $105,800 and $3,630, respectively. PoW and AI narratives became the core drivers of momentum. ORE surged 514%, while AIA and SOON rose 238% and 188%, attracting strong inflows into AI and emerging application sectors. Infrastructure and privacy-focused projects such as ICP, ZEC, and FIL also advanced, forming a “narrative + technology” dual-driven uptrend. Recently, projects in trending sectors like AI, Layer2, social points, and identity verification have successively launched airdrop campaigns — this report summarizes key participation methods to help users capture rebound opportunities and potential upside.

According to the latest report from CoinDesk, Gate has ranked the world’s second-largest spot exchange by trading volume in October. Gate’s spot trading volume rose 39.1% to a new all-time high of $163 billion, while its global spot market share increased by 0.57% to 6.04%, also an all-time high, placing Gate second only to Binance (28.6%).

To further enrich on-chain asset liquidity on Gate Layer, Gate Swap officially launches the Liquidity Pioneer Program, targeting both project teams and liquidity providers (LPs). This program aims to encourage high-quality projects to create new liquidity pools and incentivize the community to contribute assets, jointly building a more prosperous and efficient Gate Layer liquidity ecosystem.