The Bank of England will release its formal consultation on stablecoin regulation on November 10, Deputy Governor Sarah Breeden confirmed. The framework will establish a dual-tier system, with systemic stablecoins facing stricter oversight under the BOE while smaller stablecoins remain under the Financial Conduct Authority's lighter requirements. The regime will include temporary holding caps of £20,000 for individuals and £10 million for businesses.

Large Ethereum holders collectively purchased 394,682 ETH valued at $1.37 billion over three days, data show. The largest buyer acquired 257,543 ETH for approximately $896 million at $3,480 per token. Other major holders including Bitmine added 40,719 ETH worth nearly $140 million during the accumulation period.

Franklin Templeton, Canary Capital, and Bitwise have submitted updated filings for spot XRP ETFs designed to permit trading without waiting for the SEC's formal approval during the ongoing government shutdown. The modifications could enable the products to begin trading in November, joining recently launched altcoin ETFs for Solana, Litecoin, and Hedera Hashgraph, according to Bloomberg ETF analyst James Seyffart.

World Liberty Financial (WLFI), the cryptocurrency initiative associated with U.S. President Donald Trump, has partnered with Bonk and Raydium to expand its USD1 stablecoin onto the Solana blockchain. The collaboration will establish USD1-based trading pairs and liquidity pools on Raydium, while Bonk.fun will integrate the stablecoin into its memecoin launchpad. USD1 aims to compete with Circle's USDC, which accounts for over $9 billion of Solana's $14.12 billion stablecoin market.

Mastercard is collaborating with Ripple and Gemini to trial a blockchain-based credit card settlement system using the RLUSD stablecoin on the XRP Ledger. The pilot connects Gemini's WebBank-issued credit card to on-chain infrastructure, replacing conventional bank clearing processes with stablecoin transfers. This marks a rare instance of a regulated U.S. bank engaging with public blockchain settlement.

Tron founder Justin Sun deposited 45,000 ETH worth $154.5 million into the Lido staking protocol on November 5. His total Ethereum holdings now reach $534 million, surpassing his TRX holdings of $519 million. The move came as Ethereum experienced a 12% decline to $3,166 amid broader market volatility.

Elon Musk confirmed the DOGE-1 lunar mission will proceed, with FCC filings indicating a late 2025 launch window. The mission will mark the first space expedition entirely financed by cryptocurrency. Analysts suggest mainstream exposure from the launch could drive Dogecoin toward $1.

Thrust, a Solana-based token launchpad, launched at Miami's Blockchain Futurist Conference on November 5–6 with Iggy Azalea as strategic partner. The platform addresses transparency concerns in celebrity-backed memecoins. Azalea's MOTHER token is scheduled to migrate to Thrust by the end of 2025.