BlockBeats News, November 19, according to HTX market data, ASTER surged over 9% in the past 24 hours, previously spiked to touch $1.399, now retraced to $1.358, with a market cap rising to $3.272 billion.

BlockBeats News, November 19, according to HTX market data, FORM surged over 18% in the past 24 hours, now trading at $0.4429, with a market cap rising to $169 million.

BlockBeats News, November 19th, According to US media reports, Google, a subsidiary of Alphabet, has launched its latest version of the artificial intelligence model Gemini 3, emphasizing that these new features will be immediately deployed in multiple revenue-generating products. Executives say this version represents a "huge leap" in inference and coding capabilities. Like its predecessor, Gemini 3 can handle text, images, and other media, and solve complex scientific and mathematical problems.

CEO Sundar Pichai stated that its ability to infer and respond based on input has been significantly improved. Koray Kavukcuoglu, Chief Technology Officer of Google DeepMind, said: "This is our smartest model. It will help people turn any idea they have into reality."

Google also introduced Antigravity, a new development platform for building AI-driven coding agents, which is currently in the preview stage. The system allows developers to delegate tasks to autonomous agents, which can write, test, and validate code in editors, terminals, and browsers. (Golden Finance)

BlockBeats News Update, November 19th, according to Coinglass data, the total value liquidated in the past 24 hours was $7.90 billion, with $6.33 billion in long liquidations and $1.57 billion in short liquidations.

A total of 171,599 accounts were liquidated globally, with the largest single liquidation order occurring on Hyperliquid - BTC-USD worth $21.3759 million.

BlockBeats News, November 19th, according to the latest filing, U.S. publicly traded company Sonnet Biotherapeutics has postponed its merger vote to December 2nd.

Previously on July 14th, Sonnet BioTherapeutics agreed to an $8.88 billion merger deal to be renamed Hyperliquid Strategies and launch the HYPE treasury strategy.

Nasdaq-listed Sonnet BioTherapeutics has agreed to merge with Rorschach I LLC to form Hyperliquid Strategies and initiate the treasury strategy. According to a press release issued on Monday, Rorschach I LLC is a newly formed company by affiliated entities of Atlas Merchant Capital LLC, affiliated entities of Paradigm Operations LP, and other sponsoring parties.

Upon completion of the transaction, the new entity will be renamed Hyperliquid Strategies and is expected to hold 12.6 million HYPE tokens and $305 million in cash, with a total valuation of approximately $8.88 billion. The transaction has seen strategic investors such as Paradigm, Galaxy Digital, Pantera Capital, D1 Capital, Republic Digital, and 683 Capital participate. Following the merger, Hyperliquid Strategies will continue trading on Nasdaq, with a ticker symbol change, becoming a publicly traded cryptocurrency treasury company.

BlockBeats News, November 19th, Fidelity and Canary Marinade today launched a new Solana ETF, bringing the total number of existing spot Solana ETFs to 5.

· Fidelity's FSOL is now listed on NYSE Arca with a management fee of 0.25%;
· Canary Marinade's SOLC is now listed on Nasdaq with a management fee of 0.5%.

BlockBeats News, November 19, according to CoinDesk, cryptocurrency incubator Obex has completed a $37 million financing round, with the specific investment team yet to be disclosed.

The new funds will be used to support the development of yield-bearing stablecoins led by Framework Ventures, LayerZero, and the Sky ecosystem. The initiative aims to invest in and fund projects that bring real-world asset (RWA)-backed strategies on-chain, introducing institutional-grade risk controls and underwriting practices to this rapidly evolving space.

Obex will become the latest fund allocator under Sky (formerly known as MakerDAO). Sky is the entity behind the DAI and USDS stablecoins, with a combined market cap of $9 billion. Through Obex, Sky will utilize its significant protocol reserves to provide expansion funding for projects and earn returns from these strategies.

BlockBeats News, November 19, Glassnode published an analysis stating that the realized losses of short-term holders have significantly increased, with a 7-day moving average reaching $4.27 billion per day, the highest level since November 2022.

Panic selling has peaked and intensified significantly, surpassing the loss levels seen during the two previous major lows of this cycle.

BlockBeats News, November 19th, Polygon Labs revealed that digital bank Revolut has integrated Polygon as its primary blockchain infrastructure for stablecoin transfers, payments, and transactions. As of November 2025, Revolut users have processed over $6.9 billion in transaction volume through Polygon.

Revolut has over 65 million users across 38 countries, including 14 million cryptocurrency users. Through this integration, users can send and receive USDC and USDT stablecoins on the Revolut app using the Polygon network, enjoy zero-fee remittance services, and directly trade and stake the POL token.

BlockBeats News, November 19th, according to Bloomberg, HSBC Holdings Plc will begin offering tokenized deposit services to its corporate clients in the US and the United Arab Emirates in the first half of next year. Manish Kohli, Global Head of Payments and Receivables at HSBC Bank, stated that the tokenized deposit service will allow customers to achieve real-time, 24/7 domestic and cross-border fund transfers without being limited to business hours, helping large enterprises manage liquidity more efficiently.

HSBC Bank's tokenization service has already been launched in Hong Kong, Singapore, the UK, and Luxembourg, with the bank currently supporting transactions in Euro, Pound Sterling, US Dollar, Hong Kong Dollar, and Singapore Dollar. Kohli stated that when the service expands to the Middle East next year, the UAE Dirham will be added.

According to Kohli, HSBC plans to expand the application scenarios of tokenized deposits in programmable payments and autonomous treasuries, which use automation and artificial intelligence to independently manage cash and liquidity risks; furthermore, HSBC Bank is also exploring the stablecoin industry and is currently in discussions with some stablecoin issuers to provide reserve management and settlement account services.