Arthur Hayes: The pricing of the largest US stock will shift to on chain by the end of 2022

[Spot Silver Hits Record High of $54.5 per Ounce] On November 28, spot silver surpassed the October 17 peak, reaching a historic high of $54.5 per ounce, with an intraday increase of over 2%.

[Bitfinex Analyst: Individual Bitcoin Miners Reignite Activity with Mining Pool Technology Improvements] On November 28, a Bitfinex analyst stated that despite intensified industry competition and rising costs, individual Bitcoin miners have not exited the market but have instead regained activity with the support of mining pool technology improvements. The emergence of low-latency, solo mining-friendly platforms like CKPool has made amateur mining more accessible. Factors such as efficient and low-cost ASIC miners, off-peak electricity strategies, heat recovery technologies, and BraiinsOS firmware have driven this trend. Bitfinex observed that successful cases of individual miners using efficient and low-noise equipment to mine have quickly spread on social media. Last week, an individual miner successfully mined a Bitcoin block within less than a month of deploying their mining machine. Bitfinex pointed out that if large-scale miners exit the market, medium-sized industrial miners will become the primary participants, while individual miners still lag far behind industrial operators in terms of capacity.

[Bitwise BSOL Solana ETF Increased Holdings by 93,000 SOL Within 1 Hour] According to monitoring by Lookonchain, Bitwise BSOL Solana ETF increased its holdings by 93,167 SOL in the past hour, valued at $13.15 million.

A fast 36% reset for bitcoin marked by unusual dominance behavior and a market wide deleveraging.

**[MegaETH Co-Founder Reflects on Reasons for Terminating Pre-Deposit Activity]** MegaETH co-founder Brother Bing stated that the team was dissatisfied with the execution of the pre-deposit activity, which exposed issues with insufficient preparation for alternative plans. The original intention of the activity was to allow community users to exchange USDm in advance, enabling interaction with on-chain applications when the mainnet launched. However, due to poor execution and incorrect market predictions (such as not setting individual account limits), fundraising progressed too quickly. Although the $500 million raised placed MegaETH among the top five public chains in terms of revenue, the team believes that under current circumstances, these funds create ecological pressure. A healthy ecosystem should grow gradually. MegaETH has announced the termination of the $1 billion cap plan, will refund all funds, and plans to reopen the USDC-to-USDm exchange bridge before the launch of the Frontier mainnet.