Vanguard Group, with $11 trillion in assets under management, purchased 6 million shares in bitcoin treasury company Nakamoto (NAKA), BitcoinTreasuries.NET data show on Nov. 13. The acquisition marks a notable move by the asset manager, which currently does not offer bitcoin exposure to its clients.

Large holders accumulated more than 45,000 BTC this week, the second-largest such accumulation in 2025, BRN Research Director Timothy Misir said. The purchases, worth approximately $4.6 billion at current prices, coincided with increased exchange withdrawals to cold storage, indicating institutional positioning rather than retail activity. Bitcoin spot ETFs recorded net outflows of about $278 million on Wednesday, while Ethereum spot ETFs saw outflows of around $184 million; Solana spot ETFs posted net inflows of $18.06 million. The U.S. government's reopening this week following a spending bill passage released roughly $40 billion in delayed liquidity, supporting what Misir described as "cautious optimism in risk sentiment amid an improving macro backdrop."

Block's payment platform Cash App will support stablecoin sending and receiving in early 2025, a company spokesperson said. Each user will receive a blockchain address linked to their account, though specific stablecoins and supported blockchains were not disclosed. Cash App will also enable users to pay merchants with Bitcoin by scanning QR codes, with the platform automatically converting cash to Bitcoin for transactions without requiring users to hold Bitcoin balances.

Bitcoin long-term holders accelerated their sell-off with holdings supply declining rapidly and net position changes turning sharply negative, Glassnode analysis released on Nov. 13 shows. Long-term holders took profits as market participants attempted to defend the $100,000 level. The on-chain analytics firm observed a marked shift in holder behavior during this price zone.

MET climbed over 10% to $0.53 on November 13, reaching a market capitalization of $250 million, HTX market data show. BANK jumped more than 70% to $0.13 with a market cap of $72 million. Both tokens rallied following their listing on Binance spot markets.

Binance will launch spot trading for Lorenzo Protocol (BANK) and Meteora (MET) on Nov. 13 at 22:00 (UTC+8), BlockBeats reports. Both trading pairs will carry the seed tag upon listing.

Bitcoin's monthly MACD formed its first death cross on Nov. 13, signaling early bear market conditions, a BiyaPay analyst said. The monthly chart shows clear trend deceleration despite BTC trading above $100,000, with the candle breaking below short-term moving averages and momentum bars contracting. The analyst recommends a "bearish but not shorting" stance, noting early bear phases often feature volatile swings that can trigger short squeezes while mid-to-long-term policy and liquidity variables remain unresolved.

Hyperliquid ecosystem DeFi project Hyperwave announced on Nov. 13 that all withdrawal requests submitted since Saturday, Nov. 8, must be resubmitted due to an unusual decline in the exchange rate of its HLP vault yield-bearing liquidity token hwHLP, BlockBeats reports. Users can submit support tickets via the official Discord or in-app channels. Earlier on Nov. 13, an address allegedly manipulated the price of POPCAT on Hyperliquid, resulting in a $4.9 million loss for HLP.

China's Supreme People's Court announced enhanced enforcement measures against upstream cybercrime operations on November 13, Cailianshe reports. The Eighth National Criminal Trial Work Conference emphasized addressing emerging challenges including virtual currency disposal in criminal cases, cross-border online gambling, and jurisdictional issues in cybercrime prosecutions. The court mandated stricter penalties for personal information violations and industry insiders involved in illicit activities, with potential lifetime bans from relevant sectors, while requiring online platforms to strengthen regulatory compliance.