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Odaily Planet Daily News: Bitcoin financial application chain Side Protocol announced that it will issue $Side token airdrops to Dora Factory pledgers and node addresses. This airdrop aims to reward the Dora Factory community for its contribution as an important supporter of decentralized governance platforms and public goods infrastructure in the Cosmos Hub and Cosmos SDK ecosystem. Dora Factory pledgers and node address holders can check airdrop qualifications at genesis.side.one through their Dora Vota mainnet address.

PANews reported on November 23 that according to Cryptoslate, the latest report of asset management giant VanEck pointed out that from the perspective of key indicators, this round of rebound seems to have just begun. It is reported that VanEck analyzed three key indicators, namely funding rate, relative unrealized profit (RUP) and retail interest trend, showing:

1. Since November 12, the perpetual futures funding rate has been above 10%, indicating that the bullish momentum has increased;

2. In addition, the current 30-day moving average relative unrealized profit level is about 0.54, which usually indicates that the market will reach a peak in a longer period of time;

3. The search term heat is only 34% of the high point in May 2021, indicating that the speculative frenzy has not yet spread, and the re-engagement of retail investors will give Bitcoin room for further increases.

PANews reported on November 23 that the Federal Reserve announced details of its upcoming framework review, including a meeting scheduled for May 15-16, 2025. The Fed said the framework review will not include a 2% inflation target and will focus on strategic statements and communication tools. The review will include public "Fed Listening" events across the country, and discussions among policymakers will begin at the January meeting.

PANews reported on November 23 that according to the official website of the China Securities Regulatory Commission, the China Securities Regulatory Commission issued eight financial industry standards, including the "Communication Guidelines for the General Infrastructure of Blockchain in Regional Equity Markets". The "Communication Guidelines for the General Infrastructure of Blockchain in Regional Equity Markets" financial industry standard stipulates the communication guidelines between the general financial infrastructure based on the "chain of supervision-local business chain" two-layer architecture and the existing systems of the regional equity market, and clarifies the systems, main data objects, business scenarios and operation instructions involved in the six types of communication protocols, including user registration agreement, asset registration agreement, fund mapping agreement, asset mapping agreement, transfer management agreement, and settlement management agreement. The formulation and implementation of the standard is conducive to giving full play to the supporting role of the "chain of supervision-local business chain" two-layer blockchain architecture for existing business systems and promoting the transformation and docking of existing business systems.

PANews reported on November 23 that Deflama data showed that Ethereum's TVL was approximately US$64.51 billion, with a 7-day increase of 8.78%; Solana's TVL was approximately US$9.336 billion, with a 7-day increase of 19.26%; Tron's TVL was approximately US$8 billion, with a 7-day increase of 1.15%.

Trader Eugene said on X platform that USDe is currently in circulation at 3.7 billion after adding 1.2 billion in circulation in the past 6 weeks. sUSDe's yield has ranged from 10% to 25% in the past 6 weeks, and Deribit accepts USDe as stablecoin collateral. Ethena's fee conversion proposal was also approved, and these fee conversions guarantee that sENA holders are the main beneficiaries of the success of the protocol. These developments exceed expectations for ENA 2 months ago and have adjusted ENA's target price higher.

Asset management giant VanEck's latest report reiterated that it will continue to maintain the price target of Bitcoin at $180,000 in this cycle, and said that from the perspective of key indicators, this round of rebound seems to have just begun.

It is reported that VanEck analyzed three key indicators: funding rate, relative unrealized profit (RUP) and retail interest trend. It pointed out: 1. The perpetual futures funding rate has been above 10% since November 12, indicating that the bullish momentum has increased; 2. In addition, the current 30-day moving average relative unrealized profit level is about 0.54, which usually indicates that the market will reach a peak in a longer period of time; 3. The search term heat is only 34% of the high point in May 2021, indicating that the speculative frenzy has not yet spread, and the re-engagement of retail investors will give Bitcoin room for further increases.

Golden Finance reported that LM Funding, a Nasdaq-listed crypto mining and technology professional financial company, announced a new unaudited financial report ending October 31, 2024, which disclosed that the company's mining output in October was 7.3 BTC, higher than the mining output of 6.6 BTC in September. It currently holds 140.5 BTC, worth approximately US$13.3 million (based on the BTC price of US$94,700 on November 20).

Golden Finance reported that the board of directors of Nasdaq-listed Anixa Biosciences has approved the purchase of Bitcoin as a reserve asset. The company also reiterated its ongoing stock repurchase plan. The company's CEO Amit Kumar said that the decision on Bitcoin is another way of prudent financial management to achieve higher shareholder value. It is reported that Anixa Biosciences is a biotechnology company focused on the treatment and prevention of cancer.