There is a huge information gap in the cryptocurrency circle, and there are secrets that you don’t know. It involves multiple popular coins and new coins. You won’t get lost after reading this.

The latest news, November 1, according to Bloomberg, the long-term lack of liquidity in the cryptocurrency market is the key reason why Bitcoin prices have fluctuated by more than 10% in recent weeks. FalconX's research team found that although the recent recovery in trading activity is partly due to the expected stimulus for Bitcoin exchange-traded funds (ETFs), the market depth this year is still at its lowest point. They measure market depth by looking at the average volume of Bitcoin trading activity within 24 hours (within 1% of the current price). Last November, blockchain data company Kaiko called the overall decline in liquidity the "Alameda gap." Alameda Research is the trading department of Sam Bankman-Fried's failed FTX digital empire. Kaiko researchers said this lingering impact is largely the result of huge losses suffered by market makers after the collapse of FTX. According to data compiled by cryptocurrency research firm Delphi Digital, in the spot market, the total trading volume of centralized and decentralized exchanges is at a multi-year low. "The fundamental reason why liquidity continues to flow out of, rather than into, the cryptocurrency market is high interest rates," said Michael Rinko, an analyst at Delphi Digital.

The latest news is that on November 1, the Floki community released a proposal vote stating that in order to further promote the widespread adoption of TokenFi (TOKEN), it is recommended to reduce the current 5% transaction tax to 0.3%. This adjustment is intended to increase the market liquidity of tokens and attract more holders. The Floki team is ready for this adjustment and stated that they have the ability to raise operating funds through over-the-counter transactions with institutional partners.

The latest news, on November 1, according to the official announcement, Coinbase Financial Markets (CFM) announced that Coinbase Advanced users in the United States can now access regulated cryptocurrency futures contracts. These futures contracts are designed for retail traders and are sized at 1/100 Bitcoin and 1/10 Ethereum. This move provides traders with the ability to hedge risks, diversify portfolios, leverage transactions, and predict market trends.

Coinbase received approval in August to offer federally regulated cryptocurrency futures trading to qualified customers in the U.S. Now, Coinbase Advanced users in the U.S. can trade cryptocurrency futures contracts through CFM.

The latest news, on November 1, Worldcoin announced that its ecological wallet application World App has been downloaded more than 4 million times since its launch in May, making it the sixth most popular hot wallet in the world. According to data recently shared by the Tools for Humanity (TFH) team that develops and manages World App, the app has more than 100,000 daily active users, more than 500,000 weekly active users, and monthly active users have doubled in the past six months to more than 1 million. In addition, users have conducted more than 22 million transactions using World App.

The latest news, on November 1, Coindesk cited people familiar with the matter as saying that if regulators approve BlackRock's BTC spot ETF, some of the world's largest market makers may participate in it to provide liquidity for the ETF. Currently, trading giants Jane Street, Virtu Financial, Jump Trading and Hudson River Trading have negotiated with BlackRock on the role of market maker.

The latest news is that on November 1, the decentralized trading protocol Hashflow announced the implementation of a new fee model. According to the DAO proposal passed on October 20, the fee will change dynamically according to the type of trading asset pair. The fee will be included in the quote and automatically paid when the transaction is executed. The protocol income from the fee will be distributed to stakeholders every month, 50% to HFT pledgers, 30% to the community treasury for future HFT repurchases, and 20% as foundation operating expenses.

The latest news, on November 1, according to Decrypt, the crypto institutional lending protocol Maple Finance was officially launched on the Base network, which is its third blockchain platform after Ethereum and Solana. The first pool offered on Base is Maple's cash management pool, which currently has an annualized yield of 4.8%, derived from short-term U.S. Treasury bonds. This pool was launched in August and benefited from the high interest rates of U.S. government debt. Joe Flanagan, co-founder of Maple Finance, said that most of the interest in this pool comes from "Web3 project vaults", adding that "more than 50% of deposits" come from this group. Flanagan also revealed that the integration means that Maple will have direct access to thousands of existing and future Coinbase institutional customers. Maple Finance plans to launch at least one new pool on Base by the end of this year.

The latest news, on November 1, according to CoinDesk, payment giant PayPal has successfully registered as a cryptocurrency service provider with the UK Financial Conduct Authority (FCA). According to the regulator's website information, PayPal UK Limited has been allowed to conduct "specific crypto asset activities" since Tuesday. Companies that provide crypto services in the UK must obtain registration approval and comply with the FCA's anti-money laundering rules. This registration means that PayPal can approve its own crypto-related communications under the recently implemented marketing regime. In August last year, PayPal announced that it would temporarily suspend cryptocurrency purchases in the UK to comply with the regime.