After the US Government Shutdown, a Wave of "Low-Quality" Data Could Hit the Market

On November 11th, according to official information, Grvt has initiated a new yield mechanism known as the Grvt Liquidity Provider (GLP) strategy, which serves as its native protocol treasury. By employing professional quantitative market-making and risk hedging strategies, it offers users stable on-chain yields. Official data indicates that this strategy is jointly managed by LPs with more than 40 years of experience and a professional trading firm. After six months of live testing, the annualized return is approximately 48% with a Sharpe ratio of 7.6. The eligibility for GLP investment will be determined based on users' total historical trading volume. Investors can also receive weekly point rewards from a 15% Grvt Points reward pool according to the Total Value Locked (TVL).

On November 11th, Mohit Kumar, the global economist at Jefferies, stated that the prospect of the restart of the U.S. government would eliminate a multitude of risks in the market, which is likely to boost risk assets. "With the Senate passing a stopgap spending bill, a government shutdown is expected to end this week," Kumar pointed out in the report. He believes that once the clearance of positions is completed, it will remove one of the obstacles to risk assets. However, uncertainty still exists regarding the Fed's policy. If the subsequent data is not sufficient to prove a weak labor market, the Fed may postpone the rate cut in December. According to the data from the London Stock Exchange Group, the money market currently forecasts a 64% probability of a 25-basis-point rate cut by the Fed in December. (FXStreet)

On November 11th, as per LookIntoBitcoin's surveillance, Matrixport withdrew 872 bitcoins (valued at $91.68 million) from Binance 10 minutes ago.

November 11th. According to official sources, OKX will list ALLO (Allora) spot trading. The schedule is as follows: - ALLO Deposit Open Time: 3:30 PM (UTC+8) on November 11, 2025. - ALLO Call Auction Period: 8:00 PM to 9:00 PM (UTC+8) on November 11, 2025. - ALLO/USDT Spot Trading Start Time: 9:00 PM (UTC+8) on November 11, 2025. - ALLO Withdrawal Open Time: 12:00 PM (UTC+8) on November 11, 2025.

November 11th. According to the monitoring of on-chain data analyst Yu Jin, the whale/institutional address that previously [made a profit of 24.48 million USD by shorting ETH and then switched to going long] has today borrowed a total of 190 million USDT from Aave and transferred it to Binance. Subsequently, 75,418 ETH (approximately 269 million USD) was withdrawn. Within the past week, a total of 892 million USDT was transferred to Binance. After that, 266,895 ETH was withdrawn at an average price of 3,402 USD.

On November 11th, MooMoo of Futu International recently announced the addition of BNB. Currently, users in the US and Singapore can directly purchase BNB through Moomoo.