PANews reported on November 14th that a new report from Matrixport indicates Bitcoin has entered a "mini" bear market phase, with multiple trends and on-chain models having previously issued warning signals. The report points out that the market lacks upward momentum, ETF inflows have weakened, institutional investors have reduced their exposure, and the lack of catalysts in the macroeconomic environment has led to a significant decline in Bitcoin prices. Future market trends will heavily depend on the Federal Reserve's policy decisions. The market is currently at a critical juncture, and attention should be paid to whether structural levels and macroeconomic triggers will lead to a deeper correction or a bottoming-out phase.PANews reported on November 14th that a new report from Matrixport indicates Bitcoin has entered a "mini" bear market phase, with multiple trends and on-chain models having previously issued warning signals. The report points out that the market lacks upward momentum, ETF inflows have weakened, institutional investors have reduced their exposure, and the lack of catalysts in the macroeconomic environment has led to a significant decline in Bitcoin prices. Future market trends will heavily depend on the Federal Reserve's policy decisions. The market is currently at a critical juncture, and attention should be paid to whether structural levels and macroeconomic triggers will lead to a deeper correction or a bottoming-out phase.

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more