Gate News Bot message, as of November 20, according to CoinMarketCap, the current price of PI (Pi) is $0.24, which has risen by 5.08% in the last 24 hours, reaching a high of $0.24 and a low of $0.21. The current market capitalization is approximately $1.988 billion, an increase of $96.1 million compared to yesterday. Pi is a digital currency that can be mined on mobile phones. Through breakthrough technology, users can mine Pi on their phones without consuming power. Pi aims to become a decentralized, secure, tamper-proof, and interoperable digital currency that is friendly to both users and the planet, easy to use, and secure at scale. Recent important news about PI: 1️⃣ **EU MiCA compliance applications boost market confidence** Pi Network has officially submitted to the EU's regulation on crypto asset markets (Mi

Odaily Planet Daily reports that White House Press Secretary Karine Jean-Pierre stated that due to the government shutdown, key economic reports for October may not be published at all. Jean-Pierre said, "Democrats may have permanently damaged the federal statistical system; the October CPI and non-farm employment reports are very likely never to be released. The release of all this economic data will be permanently impaired, causing Fed policymakers to 'fly blind' during critical periods." As the government shutdown continues for over six weeks, setting a record for the longest in history, Wall Street has been closely watching the release of important economic data. Other affected data include retail sales, import and export data, as well as consumer spending and income. Most economists previously expected all data to eventually be released, albeit with delays. However, Jean-Pierre's remarks cast a shadow over this expectation. She added that the shutdown could reduce economic growth in the fourth quarter by as much as 2 percentage points.

Odaily Planet Daily reports that MLM posted on the X platform that about 13 hours ago, someone withdrew 3 million USDC from an exchange and distributed it across 19 wallets. Starting around 14:45 Central European Time, they began going long on POPCAT worth millions of dollars, purchasing approximately 20 million dollars worth of buy orders at a price of $0.21. The combined long positions across the 19 wallets grew to about 30 million dollars. When they removed buy orders totaling up to 8 figures, they were liquidated within seconds, with POPCAT long positions valued at 20 to 30 million dollars being wiped out, leading Hyperliquid to take over the position. POPCAT then further declined, causing Hyperliquid to incur losses of approximately 4.9 million dollars. Hyperliquid subsequently closed the position manually.

Odaily Planet Daily reports that the Atlanta Federal Reserve announced that its chairman, Bostick, plans to retire when his term ends on February 28 next year. Cheryl Venable will serve as acting chair. (Jinshi)

Odaily Planet Daily reports that asset management giant Franklin Templeton announced the expansion of its proprietary Benji technology platform to the Canton network, a private blockchain aimed at regulators. This move aims to deepen its role in the rapidly growing tokenized financial products market. The Benji platform supports real-time transfers of tokenized fund shares, protocol-level compliance enforcement, and allows assets to be settled in stablecoins or cash equivalents. The platform was initially deployed on public blockchains such as Stellar and Polygon. This expansion marks a shift toward institutional-grade infrastructure. According to reports, the Canton network handles over $6 trillion in tokenized U.S. Treasury activities, supporting daily repurchase transactions of $280 billion. Its native token, Canton Coin, plummeted about 30% after its market debut on Monday, despite being listed on multiple exchanges.

Odaily Planet Daily reports that J.P. Morgan analysts currently rate COIN, MARA, and RIOT stocks as Overweight, meaning they believe these stocks will outperform the market. The relevant ratings are as follows: COIN – Overweight Current Price: $305.84, Target Price: $399; MARA – Overweight Current Price: $14.68, Target Price: $20; RIOT – Overweight Current Price: $16.05, Target Price: $19.

Odaily Planet Daily reports that according to Gate Research Institute, Bitcoin rebounded to approximately $106,000 after falling below $100,000 this week, mainly driven by the easing of the federal government shutdown crisis and a rebound in risk appetite; although the MACD shows an initial golden cross, trading volume and capital flow remain insufficient, and the trend has not yet strengthened. Ethereum remains in the range of 3,400–3,650.

Odaily Planet Daily reports that Nasdaq-listed Bitcoin mining company BitFuFu released its Q3 financial report, revealing that mining output in Q3 was 174 BTC. As of September 30, the total Bitcoin holdings increased to 1962 BTC, a year-over-year growth of 19.8%. Additionally, the company disclosed that total revenue for Q3 was $180.7 million (of which $20.1 million came from self-mining operations), representing a 100.1% increase compared to $90.3 million in the same period last year. (Globenewswire)

Odaily Planet Daily reports that according to official disclosures, Circle's USDC in circulation at the end of Q3 reached $73.7 billion, an increase of 108% year-over-year; total revenue and reserve interest totaled $740 million, up 66% year-over-year; net profit was $214 million, a 202% increase year-over-year; and adjusted EBITDA was $166 million, up 78% year-over-year. In terms of operations, over 100 institutions have participated in the Arc testnet, and the official team is exploring issuing native tokens on the Arc network; Circle Payments Network has onboarded 29 financial institutions, with a reserve pipeline of approximately 500 institutions; and new partnerships have been established with Brex, Deutsche Börse, Finastra, Fireblocks, Kraken, Itaú, and

Odaily Planet Daily reports that Cointelegraph stated on the X platform that John Deaton, the lawyer supporting XRP, announced his candidacy for the 2026 U.S. Senate seat. Previously, he lost to Elizabeth Warren in the 2024 election.

Odaily Planet Daily reports that the cryptocurrency trading protocol Lighter announced the completion of a $68 million financing round, led by Founders Fund and fintech investment firm Ribbit Capital, with participation from Haun Ventures and Robinhood. After this round of financing, Lighter's company valuation reached 15

Odaily Planet Daily reports that the Lido DAO community has initiated a liquidity repurchase proposal to introduce an automatic repurchase mechanism for LDO. This mechanism will deploy LDO/wstETH liquidity across the entire range in a Uniswap-v2 style LP position and will be managed on Aragon.

Odaily Planet Daily reports that U.S. Bitcoin mining company TeraWulf has released its Q3 financial report. Data shows the company achieved a revenue of $50.6 million, an 87% increase year-over-year, with digital asset income totaling $43.4 million. Although only 377 Bitcoins were mined this quarter, down from 555 in the same period last year, the price increase offset the decrease in production. TeraWulf stated that revenue growth was also driven by expanded computing power and the advancement of high-performance AI computing leasing business. (Cointelegraph)

Odaily Planet Daily reports that Megaeth member @bread posted on the X platform stating that based on historical data, if UNI initiates fee conversion, the 0.3% LP fee will be split into 0.25% (LP) and 0.05% (UNI). Based on an annualized fee of approximately $2.8 billion, UNI's buyback amount every 30 days will reach about $38 million. This amount will surpass PUMP's $35 million but is lower than

Odaily Planet Daily reports that on-chain analyst Yu Yan monitored that after Uniswap's founder proposed to activate the fee switch, an UNI investment firm (possibly Variant Fund) transferred 2.818 million UNI (worth $27.08 million) to Coinbase Prime. Subsequently, a large amount of UNI was dispersed from Coinbase Prime to Binance, OKX, Bybit, and others.

Odaily Planet Daily reports that Federal Reserve Board member Milan stated that a 50 basis point rate cut in December is appropriate, with at least a 25 basis point cut. (Jin10)

Odaily Planet Daily reports that, according to SoSoValue data, as of November 10, 2025, Eastern Time, the total net weekly sell-off of Bitcoin by global listed companies (excluding mining companies) was 53.72 million USD, a decrease of 114.68% compared to the previous week. Strategy (formerly MicroStrategy) invested 49.9 million USD last week, increasing its holdings by 487 Bitcoins at a price of 102,557 USD each, bringing the total holdings to 641,692 Bitcoins. Japanese listed company Metaplanet did not purchase Bitcoin last week. Additionally, three other companies bought Bitcoin last week. UK web design and development company The Smarter Web Company announced on November 4th an investment of 400,000 USD at 10

Odaily Planet Daily reports that Coinbase announced its token sale platform will not use a first-come, first-served model but instead adopt a "bottom-up filling" algorithm aimed at promoting broader distribution and limiting asset concentration among large buyers. This approach typically allows participants with the smallest requested amounts to receive a more substantial allocation while gradually fulfilling larger requests until supplies are exhausted. Regarding the application window, token sales on the Coinbase platform will last for a period (e.g., one week), during which users can submit token requests at any time within the window. After the window closes, the algorithm will determine the final token allocation plan.

Odaily Planet Daily reports that according to official social media, the Chinese decentralized contract exchange Sun Wukong has surpassed a total trading volume of 4.4 billion USDT, with over 49,000 users. Currently, the platform offers USDT staking incentives, allowing users to stake USDT assets to earn up to 10% annualized returns. Staking does not affect users' trading activities.

Odaily Planet Daily reports that Trump stated the Republican Party should abolish the lengthy debate process (the Democrats will do this whenever they get the chance), end the government shutdown, and win the midterm elections through many great "things." It's easy to do, to be the smart side rather than the foolish side. (Jinshi)

Odaily Planet Daily reports that according to Hyperbot data, the largest ZEC long position whale on the Hyperliquid platform has begun strategically reducing its holdings. The whale has decreased its position from a peak of 55,000 ZEC to currently holding 50,000 ZEC, having sold 5,000 ZEC. Currently, ZEC is priced at $567. Entry average price: $513. Unrealized profit and loss: $2.6 million. Realized profit and loss: approximately $330,000. The historical peak of unrealized profit was as high as $12 million.

Odaily Planet Daily reports that the Bitcoin mining company Cango, listed on the NYSE, announced on the X platform that this week's mining output was 126.4 BTC. As of now, the total Bitcoin holdings have exceeded 6,500 BTC, reaching 6,520.6 BTC, with no sales transactions so far.