Canaan raises $72 million from top investors including Brevan Howard and Galaxy Digital

PANews reported on November 5th that George Zhou, Managing Director of Antalpha, stated at the Finternet 2025 Asia Digital Finance Summit, supported by the OSL Group, that Gold RWA is the most promising and recognized direction in the RWA field, and will inevitably become the best paradigm for the digital reconstruction of value storage and transfer. Zhou stated that traditional methods of holding and trading gold have shortcomings. For example, physical gold cannot generate interest and is difficult to liquidate; ETFs have holding costs but are difficult to deliver; and paper gold cannot be exchanged for physical gold and its price fluctuates significantly. In contrast, Gold RWA uses blockchain as its underlying technology, combined with the digital division and verifiable transfer of physical gold, thereby enabling the upgrade of gold from offline to on-chain and from bills to digital certificates.

PANews reported on November 5th that, according to SoSoValue data, on November 4th (Eastern Time), Bitcoin spot ETFs saw a net outflow of $578 million, marking the fifth consecutive day of net outflows. Fidelity FBTC saw the largest net outflow at $357 million, followed by ARKB at $128 million. Currently, the total net asset value of Bitcoin spot ETFs is $134.529 billion, with a cumulative net inflow of $60.422 billion.

Bitcoin is currently experiencing significant volatility, having recently dropped to around $101,300, which signals a potential breakdown in its market trajectory. Despite the sharp decline, there are still reasons for cautious optimism, as a substantial bounce could occur. The broader crypto market, including altcoins, has been hit even harder, but new and upcoming tokens with […]