Digital asset management company 21Shares posted on social media that transaction fees for Bitcoin NFTs (known as "Ordinal inscriptions") have been soaring due to their minting. The average transaction fee is currently $5.93, which is an increase of over 500% from its low point in August 2023.

Cboe Digital has announced that it will launch Bitcoin and Ether margin futures trading on January 11, 2024, making it the first regulated crypto-native exchange in the US to offer both spot and leveraged derivatives trading on a single platform. Margin trading allows customers to trade futures without posting full collateral, increasing capital efficiency. Cboe Digital plans to expand into physically delivered products eventually, subject to regulatory approval. The industry is also waiting for a decision from the SEC on 12 applications for BTC spot exchange-traded funds.

Bitcoin researcher Robin Linus has proposed a new system for decentralized file hosting incentivized by Bitcoin payments. The "BitStream" proposal suggests an open market for content hosting could be created by exchanging coins for files, using payment channels like Lightning to charge for each download. The server would encrypt the file and a bond contract would ensure the client receives the exact file or can punish the server. Linus's previous "BitVM" paper aimed to avoid clogging up the network's performance by carrying out transactions or computations off-chain, and the BitStream proposal could be combined with it.

Bloomberg ETF analyst James Seyffart wrote on X platform that if the SEC approves a Bitcoin spot ETF, the ETF is more likely to be approved during the January window than this week's window.

On November 13th, according to Lookonchain monitoring, a certain whale address withdrew 716 BTC (approximately $2,650) from Binance 15 minutes ago.<br>Since October 4th, the whale address has accumulated 4,232 BTC (approximately $156.5 million), with an average purchase price of approximately $31,452, and current profits of $23 million.

Roger Burr, the founder of Bitcoin.com, stated at the UpBit D conference held in Seoul that Bitcoin is bringing financial innovation to the world and predicted that Bitcoin will enable the world to enjoy a fast and stable financial platform environment like South Korea. Cryptocurrencies like Bitcoin are protected by mathematical rules based on blockchain. Being protected by mathematical rules is the most powerful way to protect one's property rights.

Carrie Lam, the Chief Executive of the Hong Kong Special Administrative Region, stated in the "Chief Executive's 2023 Policy Address" that she will implement a HKD 30 million capital investor immigration plan and restore investment immigration after 8 years. One of the "Big Four" accounting firms, PwC, has revealed that it has already received inquiries from clients. Hong Kong Legislative Councilor Holden Chow believes that the government can clarify the scope of investment assets, such as listing Bitcoin traded on licensed virtual asset trading platforms as financial products, which should theoretically be allowed. PwC Hong Kong tax partner Wang Xiaoyan hopes that the government will expand the categories of assets and income eligible for tax incentives, which currently do not include investment categories such as art, wine, and virtual assets.

According to WhaleTrades monitoring, at 10:48:39 Beijing time, a trader bought 2,038,863.72 US dollars worth of BTC on Binance at a price of 37,230 US dollars.

According to data from Google Trends, BTC and various cryptocurrencies have seen significant growth from August 13th to November 11th, a period of 90 days. During this time, searches for "Bitcoin", "cryptocurrency", and "Ethereum" surged, reaching a peak of 100 in late October before declining. The majority of searches for "crypto" came from Saint Helena Island and Nigeria, followed closely by the Netherlands. Trinidad and Tobago also had a high search volume, while Cyprus ranked fifth. (Bitcoin.com)

According to CryptoSlam data, the NFT sales of Bitcoin in the past 24 hours reached 12,267,832 US dollars, an increase of 54.12%, surpassing Ethereum (12,194,480 US dollars) to rank first.