Crypto Daily Market Report : Key News, Trends, and Insights in Cryptocurrency & Blockchain– November 11, 2025

• Macro Environment: The U.S. Senate advanced a temporary funding bill, with a formal vote expected on Wednesday to end the government shutdown. The potential reopening of the government is also expected to resume the release of funds from the Treasury General Account (TGA), which has seen inflows but no outflows recently. Expectations of improved liquidity boosted risk assets across the board. All three major U.S. stock indices opened higher and closed with strong gains.
• Crypto Market: Bitcoin had already priced in expectations of a government reopening during Sunday and early Monday’s Asia session, consolidating within the 105k–106k range and closing up 1.22% for the day. Bitcoin’s market dominance remained around 60%, while altcoins traded sideways, indicating no significant change in overall risk appetite.

• Trending Tokens: UNI, WLFI, TRUMP
  • UNI: The Uniswap team proposed activating protocol fees to reduce UNI supply, sending UNI surging 45%.
  • TRUMP-related tokens such as TRUMP (+12%), MELANIA (+48%), and WLFI (+16%) rallied broadly, possibly driven by optimism around Trump’s proposed policy to offer a $2,000 tariff rebate.
  • STRK: Capital flow and hype from ZEC extended to STRK, as both projects share the same founder.

• Aptos (APT) unlocks 0.49% of circulating supply, valued at approximately $33.4 million.

• The U.S. Senate has approved a procedural vote on the “government shutdown resolution” bill.
• The Speaker of the House stated hopes to hold a vote on the temporary funding bill by Wednesday.

• The U.S. Treasury and IRS issued new guidance allowing ETPs to stake digital assets.
• The Bank of England proposed a £20,000 cap on individual holdings of stablecoins.
• The Central Bank of Brazil announced new crypto market operating rules, effective February 2026, requiring crypto service providers to disclose related risks to clients.

• Strategy purchased 487 BTC last week, totaling $49.9 million.
• BitMine increased its holdings by 110,000 ETH last week, bringing total ETH holdings above 3.5 million.
• Republic disclosed a $100 million fundraising round aimed at purchasing ETH.
• Rumble announced a $100 million advertising partnership with Tether.

Expanded Analysis of Industry Highlights

1. Strategy (formerly MicroStrategy) Continues Bitcoin Accumulation

• Purchase Details: Strategy (rebranded from MicroStrategy) acquired 487 Bitcoins (BTC) last week for a total of approximately $49.9 million, implying an average purchase price of around $102,557 per coin.
• Total Holdings: As of this purchase, Strategy's total Bitcoin holdings have reached an impressive 641,692 BTC, maintaining its position as the world's largest corporate holder of the digital asset. The aggregate cost basis for these assets is around $47.54 billion, with an unrealized gain of over $20 billion.
• Strategic Significance: This move reaffirms the long-term strategy of Executive Chairman Michael Saylor to leverage Bitcoin as the company's primary treasury reserve asset. The firm has consistently raised capital, often through offerings of convertible notes or preferred stock, and utilizes market dips to accelerate purchases, aiming to continually increase the Bitcoin Net Asset Value (NAV) per share.

1. BitMine Significantly Increases Ethereum (ETH) Reserves

• Holdings Milestone: BitMine Immersion Technologies added another 110,000 ETH last week, pushing its total Ethereum reserves past the 3.5 million mark.
• Market Position: This massive reserve cements BitMine's position as the largest institutional holder of ETH globally, with its holdings representing approximately 2.9% of the total Ethereum supply.
• Investment Goal: The company has clearly articulated a goal to achieve the "alchemy of 5%," aiming to hold 5% of the total ETH supply. This latest acquisition was executed during a minor price correction in ETH, showcasing a strategy of accumulating the asset during periods of market weakness.
• Institutional Backing: BitMine's Ethereum strategy has been supported by top institutional investors, including ARK's Cathie Wood and Founders Fund.

1. Republic Discloses $100 Million Fundraising Round for ETH Acquisition

• Capital Allocation: Republic, a global financial technology firm, announced the completion of a $100 million fundraising round specifically earmarked for the purchase of Ethereum (ETH).
• Strategic Focus: This initiative highlights a growing trend among mainstream FinTech companies like Republic to build and expand their Ethereum reserves as a core part of their asset management strategy. It reflects strong institutional belief in ETH and its foundational role in the Web3 and asset tokenization ecosystem.
• Company Context: Republic is a global financial institution focusing on digital commercial banking and a retail investment platform, known for leveraging tokenization to democratize investment access and liquidity. The large-scale investment in ETH is expected to support their ongoing development in blockchain infrastructure and Web3 advisory services.

1. Rumble Announces $100 Million Advertising Partnership with Tether

• Partnership Scope & Duration: The video platform Rumble and stablecoin issuer Tether have entered into a $100 million advertising partnership spanning two years (expected to commence in Q1 2026), committing $50 million per year.
• Strategic Intent: The collaboration is designed to drive the adoption and user engagement of the Rumble Wallet—which supports cryptocurrency payments in USD₮ (Tether's stablecoin), XAU₮, and BTC—through massive advertising campaigns on the Rumble platform.
• Freedom and Innovation: Both parties frame the partnership as supporting a "Freedom-First" digital ecosystem, aiming to provide content creators with more transparent and privacy-focused monetization and payment solutions.
• Broader Deals: This advertising commitment complements a separate commercial agreement where Tether committed to purchasing up to $150 million in GPU computing services upon the closing of the transaction. This is intended to support Tether's growth in high-performance computing areas like AI and data centers, further deepening the strategic cooperation between the two companies on technology and infrastructure.