ChainCatcher news, the topic of comparing the valuations of Ethereum and Amazon is causing heated discussion on X. Santiago, founder of Inversion Capital, believes that Ethereum is overvalued. He stated that ETH's price-to-sales ratio (valuation of $380 billion, annual revenue of $1 billion) is much higher than Amazon's; even during the internet bubble, Amazon's price-to-sales ratio never exceeded 28 times. The price Ethereum holders pay for every $1 of revenue is about 146 times what Amazon investors paid back then. He believes Amazon is also a successful network. Whether it's a company or a network, its pricing depends on the economic benefits it generates (revenue and cash flow), and TVL, collateralized assets, or settlement volume are not revenue. Ethereum treasury company SharpLink, on the other hand, stated that traditional valuation models do not apply to Ethereum: Ama

According to The Wall Street Journal, OpenAI CEO Sam Altman considered acquiring the startup Stoke Space earlier this year. Stoke Space focuses on developing fully reusable rockets and is regarded as an emerging force with the potential to challenge Elon Musk’s SpaceX in the future. However, the potential deal ultimately did not materialize. In recent years, Altman has continuously paid attention to the technological development of orbital data centers, hoping to reduce the environmental impact on Earth by moving data centers into space, while also providing more efficient and sustainable energy and infrastructure for the rapidly growing AI computing sector. This vision has driven him to invest in several companies exploring cutting-edge aerospace technologies.

According to a report by Jinse Finance, the Institute for Supply Management (ISM) announced on Wednesday that the US services index rose slightly by 0.2 to a nine-month high of 52.6. A reading above 50 indicates the sector is in expansion. The ISM services and materials prices paid index showed the slowest growth rate in seven months. Although still at historically high levels, this figure suggests inflationary pressures have eased somewhat. The overall services index was supported by longer supplier delivery times and further improvement in business activity. The supplier deliveries index rose by 3.3 points, reaching its highest level in over a year. This increase may reflect challenges businesses face with tariffs as they seek product sources in a complex trade environment. The business activity index climbed to a three-month high of 54.5. Meanwhile, order growth slowed from a one-year high. Employment in the services sector showed further signs of stabilizing. The employment index rose to a six-month high of 48.9, indicating a slower pace of job declines. According to an ISM survey

21Shares has submitted a revised Dogecoin ETF application to the U.S. Securities and Exchange Commission (SEC), confirming the management fee and disclosing additional details. This spot Dogecoin ETF is expected to join the ranks of Grayscale (GDOG) and Bitwise Dogecoin ETF (BWOW), further driving up the price of Dogecoin. According to the latest filing, 21Shares has amended its S-1 document for the fifth time, confirming a management fee of 0.50%, which accrues daily and is paid weekly in the form of Dogecoin (in arrears). The document also retains a delayed issuance clause, which may take effect after submitting the 8(a) application, but no fee waiver information has been disclosed at this time.

PANews, December 3—On-chain asset management platform Cicada Tech and NASDAQ-listed company Linkage Global have announced the signing of a non-binding merger and acquisition term sheet, and a 6-K announcement was issued this week. According to the deal, Linkage Global plans to acquire 100% equity of Cicada for a total consideration of $60 million, of which $3 million will be paid in cash and the remaining amount will be paid through the issuance of Linkage Global Class A common shares. Cicada

Japan is preparing to reform its Crypto Assets tax rules by imposing a uniform 20% tax rate on trading profits, allowing digital assets to enjoy the same treatment as mainstream investments such as stocks and investment trusts. According to the Nikkei News, this marks a significant shift in Japan's approach to handling profits from Crypto Assets, which is expected to alleviate long-standing frustrations among investors. According to the plan, starting from 2026, the income from Crypto Assets trading will no longer be combined with wages or business income, but will be subject to a separate tax system: 15% will be paid to the central government, and 5% will be allocated to local governments. Currently, the gains from Crypto Assets are taxed at progressive rates, with a maximum of 55%, which can distort investor behavior. In contrast, stock and investment trust gains are uniformly taxed at 20%. Legislators supporting the reform believe that reducing the tax burden can invigorate market trading, encourage innovation in the blockchain and technology sectors, and promote digital assets as a standard investment category.

Bitcoin has fallen 5% in the past 24 hours, dropping to a low of $85,694, and is currently hovering around $86,800, a pullback of 31% from its historical high. Over the past month, the cumulative decline has exceeded 21%, with high Beta assets like Ethereum and Ripple also experiencing declines of 5.6% and 6.5%, respectively. Market risk aversion has increased, with CoinGlass data showing total liquidations reaching $637 million, of which long positions accounted for $568 million. SynFutures COO Wenny Cai stated that this round of plunge is due to a "momentum-driven accelerated fall" that triggered large-scale long positions liquidations, with further liquidation driving spot and derivatives sell-offs, creating a chain reaction. Another core factor of market panic comes from MicroStrategy CEO Phong Le's remarks — if dividends need to be paid at a price below 1x mNAV, the company "may sell Bitcoin." MicroStrategy holds approximately 649,870 Bitcoins, worth over $56 billion, and their statement has raised investor concerns about supply pressures.

PANews, December 1st news, cryptocurrency analyst Willy Woo released a comparison chart of bank runs. Tether (USDT) experienced a redemption wave of about 20-25% in 2022 and still fully paid out, outperforming traditional banks like Silicon Valley Bank (25%) and First Republic Bank (57%). Woo pointed out that 77% of Tether's current assets are in cash equivalents, with the rest in gold and Bitcoin, totaling an over-collateralization of 3%. Even if volatile assets fall by 30% in extreme market conditions, USDT still has 95% asset backing.

The Ethereum ecosystem platform Ethervista has paid over 1.6 million USD in ETH rewards to participants over the past year, without causing inflation or sell pressure, enhancing the ecological value. New products will be launched in the coming weeks to further increase volume and activity.

Golden Finance reports that Nasdaq-listed company Scilex Holding has announced the completion of its second investment in Datavault AI, which will be paid in Bitcoin (based on the Spot price of Bitcoin at the time of signing the strategic investment protocol). It is reported that this investment allows it to acquire 263,914,094 shares of common stock in Datavault AI, equivalent to approximately $583.3 million based on the Closing Price of $2.21 on November 25.

Jin10 reports that Anthropic has officially released its latest model, Claude Opus 4.5. Microsoft announced the introduction of Claude Opus 4.5 in Microsoft Foundry, the GitHub Copilot paid plan, and Microsoft Copilot Studio. (Jin10 Data APP)

Web3 content publishing platform Paragraph has launched writer coins, supporting authors in transitioning from paid subscriptions to tokenization. About 5% of the tokens will reward past supporters, bound to WETH and able to synchronize with Zora/Base author tokens for rise, with prompts for readers to purchase while browsing.

William Lonergan Hill, co-founder of Samourai Wallet, was sentenced to four years in prison and fined $250,000 for assisting in Money Laundering over $237 million, along with three years of supervised release. He and the CEO pleaded guilty in July, and the two paid a total of $6.3 million in fines.

According to Cryptonews, the internet celebrity Haliey Welch, known for the "Hawk Tuah" incident, is now involved in a new legal dispute. A crypto assets law firm has listed her as a defendant in a federal class action lawsuit related to the $HAWK Token crash last year. According to the latest filings submitted to the Eastern District Court of New York, Welch and his broker Johnnie Forster, as well as their company 16 Minutes LLC, are alleged to have played a key role in promoting a Token referred to by lawyers as "crashing in minutes," allowing insiders to profit significantly by dumping the Token early in its issuance.

Gate News Bot news, on November 19, according to CoinMarketCap data, as of the time of writing, STRK (Starknet) is currently priced at $0.22, having risen 26.30% in the last 24 hours, with a high of $0.24 and a low of $0.13. The 24-hour volume reached $477 million. The current market capitalization is approximately $997 million, an increase of $208 million compared to yesterday. Important news about STRK recently: 1️⃣ **Gate launches STRK staking fast redemption feature** The Gate platform will officially launch the on-chain coin earning quick redemption feature on November 11, 2025, initially supporting STRK staking. Users can receive funds within 10 minutes after submitting the redemption request, but a corresponding fee must be paid. This feature significantly enhances the flexibility of STRK staking and is expected to

Odaily News CZ posted on the X platform, stating that in response to netizens' inquiries about "whether the $4.3 billion they paid will be refunded," he pointed out the need to balance between seeking more and maintaining fairness. CZ stated that if any refunds are obtained in the future, the relevant funds will still be invested in the United States to express gratitude.

According to BlockBeats news, on November 16, crypto KOL Cobie tweeted that he has held ZEC since 2016 and has not participated in paid promotions. He stated, "New holders may not understand the 'brutal education' experience of old holders over the past ten years with ZEC. So when ZEC finally sees a pump, they think we received money. Most of us in this group were scammed by purchasing so-called 'mining contracts' before ZEC went live."

PANews, November 13 news, according to the Hong Kong Stock Exchange announcement, Hong Kong-listed company YN Holdings announced that it has signed a purchase agreement with Hong Kong licensed virtual asset exchange VAX to acquire approximately 5.56% of the company's issued share capital for HKD 100 million, including HKD 24 million in cash and the remaining HKD 76 million to be paid through the issuance of three-year zero-coupon convertible bonds, with a conversion price of HKD 2.5.

OpenAI officially announced that the GPT-5.1 version of ChatGPT will be available to all users this week, featuring smarter, more reliable, and more conversational characteristics. GPT-5.1 excels in following custom instructions and reasoning capabilities, enhancing conversational abilities. GPT-5 will continue to be available to paid users for three months, and the old version of the model will still be accessible.

Golden Finance reports that LINEA has announced that the token burning mechanism has officially launched on the X platform. After this, every transaction on the LINEA will burn ETH and LINEA, directly reducing the token supply to implement deflation. All gas fees on LINEA are paid in ETH and collected through the fee contract. After deducting infrastructure costs, the remaining funds will be 100% burned, including 20% burned in the form of ETH and 80% converted to LINEA and burned on L1. In addition, the data tracking function for burned tokens has also been launched.

Foresight News reports that glassnode stated that the funding rate paid by long positions in Bitcoin Perptual Futures has decreased by approximately 62% per month, from 338 million USD in mid-August to the current 127 million USD per month. This highlights a significant macro downtrend in speculative willingness, as traders are increasingly reluctant to pay Interest to maintain long positions.

Gate News Bot news, on November 5th, according to CoinMarketCap data, as of the time of this report, NMR (Numeraire) is currently priced at 11.03 USD, falling 9.78% in the last 24 hours, reaching a high of 14.37 USD and a low of 10.75 USD, with a 24-hour volume of 3.29 million USD. The current market capitalization is approximately 84.30 million USD, a decrease of 9.14 million USD compared to yesterday. Numerai is a global hedge fund and cryptocurrency project that runs the world's most difficult data science competition. Participants use artificial intelligence to predict the stock market, powering Numerai's hedge fund. Data scientists can earn or lose cryptocurrency by building their reputation on the leaderboard. To date, $46.25 million in NMR tokens have been paid to data scientists. The platform provides high-quality hedge fund data,

Foresight News reports that Faraday Future, owned by Jia Yueting, announced that FX Super One received over 200 paid pre-orders within 48 hours after the ultimate launch event in the Middle East. At the launch event, FX announced that customers in the UAE are allowed to use fiat currency and encryption assets to pay for car purchases and after-sales service fees.

BlockBeats news, on October 31, according to Hyperinsight monitoring, "Brother Maji" Huang Licheng increased the position to go long on approximately 695 ETH in the past 2 hours, making the value of his 25x long position rise to 6.5 million USD, with current unrealized losses of 109,000 USD (-41%), and a funding fee of 23,865 USD has also been paid.

The on-chain income report released by 1kx shows that in the first half of 2025, users paid on-chain fees reaching $9.7 billion, a year-on-year rise of 41%, setting a new historical high. At the same time, off-chain transaction fees amounted to $23.5 billion, with CEX holding the largest share. Block rewards and stablecoin issuance revenue totaled $23.1 billion.

Gate News Bot news, on October 30, according to CoinMarketCap market data, as of the time of writing, IQ (IQ) is currently priced at 0.00234948 USD, with a rise of 0.66% in the last 24 hours, reaching a high of 0.00276581 USD and a low of 0.00227286 USD. The current market capitalization is approximately 55.1 million USD, an increase of 359,600 USD compared to yesterday. IQ is a DeFAI (Decentralized Finance + Artificial Intelligence) platform that allows the creation of tokenized AI agents using the ADK framework, enabling them to autonomously manage assets, optimize DeFi strategies, and interact with the decentralized economy. The IQ token is the core of the ATP ecosystem, and all ATP fees are paid in IQ, with each tokenized agent having an IQ pairing; IQ is also the governance token. ATP will launch on Fraxtal.

Jin10 data reported on October 30 that on October 29 local time, staff of the U.S. House of Representatives received a notice stating that they would not be able to receive their scheduled salary distribution on October 31. The notice stated: "Due to a funding interruption, the Office of the Executive Officer is not authorized to distribute salaries until Congress passes a temporary funding resolution or the FY 2026 appropriations bill is signed into law." Unlike Senate staff who receive salaries twice a month, House staff are paid once a month, making them more directly affected.

Jin10 Data, October 28 - OpenAI is offering a one-year free ChatGPT Go service to users in India, intensifying its market expansion efforts. This globally highest-valued startup will launch a free promotional campaign for users on November 4, coinciding with its first Developer Day communication event held in the country. Registered users will receive one year of ChatGPT Go service for free. ChatGPT Go was first launched in India in August as the most affordable paid package, with an annual fee of 399 rupees (less than 5 dollars).

Jin10 data reported on October 28, local time on October 27, Ukrainian President Zelensky stated on social media that a meeting of the Supreme Commander-in-Chief was held that day, focusing on Ukraine's ability to carry out long-range strikes against Russia. Participants in the meeting included weapons manufacturers and all personnel responsible for the use of weapons. Zelensky pointed out that the attendees analyzed the effectiveness and results of long-range strikes over a specific period. He stated that Russia's "oil processing industry" has paid a heavy price and will face even harsher penalties going forward. The meeting further established the task objectives for expanding the range of long-range fire strikes. Zelensky mentioned that in-depth discussions are ongoing with weapons manufacturers regarding long-term contracts. The meeting also received reports on Russian military attacks on Ukrainian infrastructure and energy facilities. In response to the current security situation, Ukraine has clarified new defense needs and has coordinated with partners on the implementation of specific air defense system supply directions.

Gate News Bot news, on October 27, according to CoinMarketCap, as of the time of writing, stETH (Lido Staked ETH) is currently priced at $4225.69, with a rise of 7.12% within 24 hours, peaking at $4243.39 and dropping to a low of $3727.81. The 24-hour volume reached $40.30 million. The current market capitalization is approximately $36.299 billion, an increase of $2.413 billion compared to yesterday. Lido Staked ETH (stETH) is the leading liquid staking token on Ethereum, featuring top-notch security, the deepest liquidity, and competitive returns. Since 2020, over $4.363 billion in staking rewards have been paid out. stETH can be traded on the secondary market, used as collateral for lending, or restaked.

Jin10 data reported on October 27 that ShenKai Co., Ltd. stated on the interactive platform on October 27 that the Russian market is one of the earliest overseas markets expanded by the company. ShenKai's various oil and gas exploration and development equipment enjoy a good reputation locally. However, in recent years, the company's operations in Russia have been hindered to some extent due to the impact of international financial settlement. The company has always paid close attention to changes in local business opportunities and non-commercial factors, and has carried out trade with Russia in a timely manner while ensuring the asset security of the company.

Jin10 data reported on October 23, that He Ren Technology announced that the company recently conducted a self-examination of its tax-related business. After the self-examination, the company needs to pay additional taxes and late fees totaling 2.892 million yuan. As of the date of this announcement, the aforementioned taxes and late fees have been fully paid, and this additional payment does not involve administrative penalties. The additional taxes and late fees will be included in the company's profit and loss for the current period in 2025, and the specific impact on the net profit attributable to shareholders of the listed company for the fiscal year 2025 will be subject to the audited financial statements for 2025.

DeAgentAI announced that due to a calculation error, the execution time of some AIA Airdrop contracts has been set to December 18, 2025. The Airdrop for affected users has been locked but the Tokens are safe. As compensation, DeAgentAI will provide an Interest Rate of 36% paid in USDC to the affected SUI Wallets, and the initial Airdrop will still be distributed as planned.

Jin10 reported on October 16 that Shenma Co., Ltd. announced that it will repurchase 275,000 shares for the first time through centralized Bidding on October 16, 2025, accounting for 0.03% of the total share capital. The repurchase transaction price is between 10.8 yuan/share and 10.84 yuan/share, with a total amount paid of 2.9753 million yuan. The expected repurchase amount is between 100 million yuan and 200 million yuan, and the repurchased shares will be used to reduce registered capital and will be legally canceled.

Golden Finance reported that Nasdaq-listed company Zeta Network has announced it has reached a securities purchase agreement to raise $230,837,060.2 through the sale of Class A common stock and warrants. This funding will be paid in Bitcoin or wrapped BTC token SolvBTC. The transaction is expected to be completed on October 16, 2025, but must meet customary closing conditions, and the Bitcoin obtained will be incorporated into the company's balance sheet.

Gate News Bot news, on October 15, according to CoinMarketCap data, as of the time of writing, EIGEN (EigenLayer) is currently priced at $1.34, with a 2.62% rise in the past 24 hours, reaching a high of $1.85 and a low of $0.63, with a 24-hour volume of $127 million. The current market capitalization is approximately $516 million, an increase of $13.2 million compared to yesterday. EigenLayer is a platform for building verifiable applications that allows users to utilize EigenLayer to ensure the security of off-chain computations. Currently, there are 161 AVS projects under development. The platform also provides AVS infrastructure operation services, where users can earn rewards by validating verifiable services, with a total of $117 million in rewards paid out to date. EigenLayer also supports multi-asset.

PANews, October 14 news, according to Business Wire, BRIC (jointly established by GXD Labs and VanEck) announced that Tether has paid $299.5 million to Celsius Network's bankruptcy estate to settle bankruptcy and related claims filed against Tether in August 2024. The case involves the collateral transfers and liquidation prior to Celsius's bankruptcy in July 2022. BRIC was appointed in January 2024 as the complex asset recovery and litigation administrator and continues to manage Celsius's illiquid assets and litigation assets to advance the liquidation.

According to BlockBeats news, on October 14, the decentralized social protocol Farcaster launched a deposit rewards program. By depositing USDC on Base, Farcaster will provide users with a 10% deposit reward in October. The applicable rules are as follows: Deposits on Base must be made in USDC. Rewards are paid weekly (1% per week, lasting for 10 weeks). USDC transferred or exchanged within a week will not generate earnings. The USDC balance must be higher than today's balance to start earning. The USDC reward limit per account is $500. Rewards will only be paid to qualified accounts explicitly belonging to individuals, and official evaluations will be conducted based on various criteria, including transaction history, volume, related social media, and tags. Please do not attempt to earn rewards by creating new fake accounts.

According to Foresight News, STBL founder Avtar Sehra stated on X that the project plans to initiate a buyback at the end of October, with payments made in USST. Holders can stake in the Multi-Factor Staking (MFS) module. The liquidity channels for USST will also be announced at that time, allowing users to choose between withdrawal or staking. October is an important month, with plans to launch Multi-Factor Staking (MFS), buybacks (paid in USST), and USST liquidity projects on schedule.

Binance confirmed in its announcement that on October 11, some functions experienced delays due to market Fluctuation, causing some financial products to become unpegged. Binance has completed approximately $283 million in compensation and will compensate for losses caused by internal transfers and redemption latency. Extreme prices occurred in spot trading, mainly due to Liquidity issues and discrepancies in price precision adjustments. Binance promises to optimize price display.

Odaily News According to on-chain analyst Ai Yi's monitoring, there are currently 1,057 traders going long on BNB with a position of $493 million, an average entry price of $1,070.5, and a cumulative profit of $96.46 million. The Binance life of these traders is being paid for by another 312 traders shorting.

Golden Finance reports that cryptocurrency ETF issuer WisdomTree has announced the completion of its acquisition of alternative asset management firm Ceres Partners. This transaction will expand its business into exchange-traded products (ETP), custody, and tokenization market sectors. The acquisition amount includes $275 million in cash paid at closing and up to $225 million in earnouts. (Note: Earn-out is a common valuation adjustment mechanism in acquisition transactions, where the buyer can pay additional funds based on the target company's achievement of specific metrics after paying the base consideration. Unlike earn-out agreements, earn-out adjustments focus more on quantifiable objective data, reducing human intervention factors.)

Gate News Bot message, September 30, according to CoinMarketCap data, as of the time of publication, IQ (IQ) is currently priced at $0.0035, with a rise of 9.79% in the last 24 hours, reaching a high of $0.0036 and a low of $0.0031. The current market capitalization is approximately $81.3 million, an increase of $7.26 million compared to yesterday. IQ is a DeFAI (Decentralized Finance + Artificial Intelligence) platform that uses the ADK framework to create tokenized AI agents, enabling them to autonomously manage assets, optimize DeFi strategies, and interact with the decentralized economy. The IQ token is the core of the ATP platform, and all ATP fees are paid in IQ, with each tokenized agent having an IQ pairing; IQ is also the governance token. ATP will be first deployed on Fraxtal in 2025 and plans to collaborate with NEA in the future.

Galaxy Securities pointed out that market sentiment is cautious before the festival, with trading activity declining, but the overall upward trend remains unchanged. The technology zone benefits from industrial trends, and after a short-term adjustment, there is still rebound space. Looking ahead to the upcoming Fourth Plenary Session, the A-share market faces an important opportunity, with liquidity improving, and attention should be paid to the impact of China-U.S. negotiations on the market.

BlockBeats news, on September 26, on-chain data analyst Murphy stated that after the rapid drop in the market yesterday, the Call Premium Paid and Put Premium Paid have nearly returned to equilibrium, with the premium for buying call options slightly higher than that for put options. Although this does not necessarily mean an immediate rebound, it mechanism-wise reduces the probability of a continued acceleration of the drop in the short term, indicating that market sentiment has not continued to deteriorate in a worse and more pessimistic direction.

PANews September 22 news, according to The Block, the tokenization platform Midas has reached a cooperation with the blockchain interoperability protocol Axelar's developer Interop Labs to jointly launch the XRP tokenization product mXRP. Currently, the product has a base yield set at 6%-8%, paid in XRP. Users can deposit XRP as collateral into a tokenized structure that tracks the performance of the underlying yield strategy, thus minting mXRP. These strategies may include market making and providing liquidity, managed by third-party asset management institutions known as "risk managers." Midas co-founder and CEO Dennis