Golden Finance reported that data shows that the group of people with a four-year college degree in the United States now accounts for a record 25% of the total unemployed, highlighting the sharp slowdown in white-collar hiring this year. The monthly data released by the U.S. Bureau of Labor Statistics on Thursday, which was delayed due to the government shutdown, shows that the unemployment rate for those with a bachelor's degree rose to 2.8% in September, an increase of half a percentage point from a year ago. In contrast, the unemployment rate for other educational levels has seen little to no increase during the same period. In September, there were more than 1.9 million unemployed Americans aged 25 and older with at least a bachelor's degree, accounting for one-quarter of the total unemployed. This proportion has never reached such a high level in data going back to 1992 before 2025. This indicates that younger, newly graduated college students are also struggling to find jobs. Michael Feroli, Chief U.S. Economist at JPMorgan, pointed out that college-educated.

Golden Financial reported that U.S. consumer confidence fell to one of its historical lows in November, as Americans became more pessimistic about their financial situation. According to data from the University of Michigan, the final consumer confidence index for November dropped from 53.6 in October to 51, just slightly above the preliminary value. The current conditions index fell by 7.5 points to a record low of 51.1. Consumers' views on their personal finances are at their most pessimistic level since 2009. Survey director Joanne Hsu stated, "Consumers remain frustrated by persistently high prices and declining incomes." The data shows that consumers expect prices to rise at an annual growth rate of 4.5% over the next year, which has slowed for the third consecutive month. They anticipate an average price increase rate of 3.4% over the next five to ten years, down from 3.9% in October. While Americans' concerns about inflation have eased somewhat, they still feel anxious about high living costs and job security.

Bitcoin plummeted to $81,900 on Friday, erasing Thursday's rebound and further extending a month-long dumping spree, with the crypto assets market capitalization evaporating by over $1.4 trillion. Bitcoin's current trading price is more than 30% lower than its historic peak in October, while the entire crypto assets market capitalization has also fallen below $3 trillion. Analysts say that the situation of the market big dump may further worsen. Citrini Research warned in a report sent to investors that risk aversion will continue to impact Crypto Assets and other speculative assets until mid-December. This is because investors are still coping with the effects of the longest government shutdown in U.S. history, which could 'trigger' market volatility. Kiln Research Director Robert Le stated, "If Bitcoin deviates from its established trend, I think the market may underestimate its upside potential and downside risks."

A year ago, the software company MicroStrategy, which was the first to invest in Bitcoin as a corporate financial asset, saw its stock price reach an all-time high of (MSTR), while Bitcoin also approached the $100,000 mark for the first time. However, the world is unpredictable. Now, the stock price of MicroStrategy has fallen 68% from its peak of $543 set just days after President Trump's election victory, and the price of Bitcoin has also dropped to $83,142, hitting its lowest level since April. On the largest compliant exchange platform in the U.S., the price of Bitcoin has dropped even more, briefly falling to $81,385 on Friday. Currently, MicroStrategy's average purchase price is around $74,430, which remains a key price point to watch.

BlockBeats news, on November 21, the U.S. Department of Labor announced that 119,000 non-farm jobs were added in September, far exceeding market expectations of 52,000, but the unemployment rate unexpectedly rose to 4.4%, reaching a four-year high. This employment report, released after a government shutdown, has become the last key data before the December FOMC (Federal Open Market Committee). The data itself is lagging and contradictory, further deepening policy divergence and making it difficult for the market to outline a clear interest rate path. The latest federal funds futures show that the probability of a rate cut in December has fallen back to below 40%, reflecting the market's rapidly cooling expectations for easing. On a macro level, non-farm employment stronger than expected should have been more hawkish, but the sharp rise in the unemployment rate clearly indicates weaknesses in the internal structure of the labor market, forming a "play people for suckers" signal, leading to greater divergence among policymakers in interpreting economic strength and weakness. The lagging nature of this data also makes it harder for the market.

Gate News Bot news, on November 21, according to CoinMarketCap data, as of the time of writing, SUI (Sui) is currently priced at $1.39, with a 15.21% fall in the last 24 hours, reaching a high of $1.80 and a low of $1.38. The 24-hour volume reached $1.158 billion. The current market capitalization is approximately $5.111 billion, a decrease of about $0.917 billion compared to yesterday. Important news about SUI recently: 1️⃣ **Sui ecosystem DeFi innovation continues to advance** The perpetual contract DEX Astros in the Sui ecosystem announced a collaboration with the AI cryptocurrency asset research platform Surf Copilot to deeply integrate AI technology into the on-chain trading interface. This initiative aims to provide users with a more efficient and accessible trading experience, reflecting the Sui ecosystem's development in DeFi.

The global Crypto Assets industry is on high alert, preparing to face potential turmoil. Major index provider MSCI is weighing whether to exclude companies that hold significant digital assets from its flagship stock benchmark index. Analysts warn that this move could lead to billions of dollars in passive fund outflows early next year. This discussion began in October and has now become more urgent. Previously, MSCI confirmed that it is consulting the investment community on whether companies holding more than 50% Bitcoin or other Crypto Assets on their balance sheets should continue to meet the inclusion criteria.

Gate News Bot news, on November 21, according to CoinMarketCap, as of the time of writing, SAGA is currently priced at $0.11, with a 24-hour pump of 23.16%, reaching a high of $0.13 and a low of $0.08, with a 24-hour volume of $159 million. The current market capitalization is approximately $36.4 million, which is an increase of $6.85 million compared to yesterday. Important news about SAGA recently: 1️⃣ **Saga launches Mainnet 2.0, revolutionizing the blockchain economic model** Saga officially launched Mainnet 2.0 version on December 17, 2024, aimed at fundamentally changing the blockchain economic model. This upgrade brings significant improvements to the Saga ecosystem, enhancing network performance and user experience, attracting more developers and users to participate.

ChainCatcher news, according to Jin10 reports, Jussi Hiljanen, chief strategist of the research department at Nordea Bank in Sweden, stated in a report that he still expects the yield on the 10-year U.S. Treasury bond to fall to 3.9% in the first quarter of 2026. He pointed out that to achieve this goal, the market must re-establish confidence in the Fed's rate-cutting path. Although recent hawkish remarks from Fed officials have increased uncertainty in the short term, he emphasized that a shift to a more accommodative policy stance, a reduction in interest rate expectations, and lower yields remain his benchmark scenario in the next three to four months.

Gate News Bot news, on November 21, according to CoinMarketCap data, HFT (Hashflow) is currently reported at 0.05 USD, up 25.57% in the last 24 hours, with a high of 0.06 USD and a low of 0.03 USD. The current market capitalization is approximately 32.7 million USD, an increase of 6.66 million USD compared to yesterday. HFT ranks 579th in global Crypto Assets market capitalization. Important news about HFT recently: 1️⃣ **HFT becomes the new focus of competition in the Crypto Assets market** High-frequency trading (HFT) technology is increasingly applied in the crypto assets market, with major exchanges leveraging it to attract liquidity and increase trading volume. This trend not only helps enhance overall market efficiency but also brings more attention to HFT-related projects, which could be an important factor driving the rise in HFT prices.

Nvidia's stock price fluctuated sharply after the earnings report was released, raising concerns about its financial condition in the market. Analyst Pereira pointed out that there are significant contradictions in the company’s financial data, with accounts receivable and inventory surging, and cash flow conversion rates lower than peers. The exposure of a funding closed loop indicates that revenues have not been genuinely realized. Investors are fleeing, warning that Nvidia may trigger a broader market collapse in the future, and suggesting a shift to more stable assets.

According to ChainCatcher news and reports from Jin10, Vanguard, a global large asset management company, stated that due to the massive capital expenditure boom in the field of artificial intelligence driving the economy's sustained rise, the Fed's rate cut is expected to be much lower than Wall Street's current widespread expectations. Sara Devereux, head of fixed income, predicts that the Fed may cut rates one to two more times next year, a forecast that sharply contrasts with the market's general bet on three to four rate cuts by the end of 2026.

According to ChainCatcher news reported by PR Newswire, MoonPay Ventures announced a strategic investment in the cryptocurrency wallet Zengo Wallet to deepen cooperation between the two parties in the digital asset payment field. MoonPay will exclusively serve as the payment provider for ZenGo, enabling users to more easily convert fiat currency to digital assets. This investment aims to enhance the user experience of ZenGo and expand MoonPay's presence in

According to Foresight News, as reported by Sina Finance, Lv Zhihong, a member of the Hong Kong Stablecoin Review Tribunal and the Web3 Development Group, stated that stablecoins may face potential risks related to asset allocation, network security, and smart contracts. However, Hong Kong's regulatory framework has been standardized throughout the entire process from access, operation, to exit, minimizing risks to the greatest extent. The core goal is to ensure asset security for stablecoin holders. The price of stablecoins is relatively stable, leaning more towards being a payment tool rather than an investment product, and the core of regulation also revolves around ensuring the 'holding security' of stablecoin holders.

Gate News Bot news, on November 21, according to CoinMarketCap, as of the time of writing, PIEVERSE (Pieverse) is currently priced at $0.39, having risen 37.89% in the last 24 hours, with a high of $0.55 and a low of $0.11. The current market capitalization is approximately $68.6 million, an increase of nearly $18.9 million compared to yesterday. Important news about PIEVERSE recently: 1️⃣ **Gate Flash Exchange Platform Adds Support for PIEVERSE** Gate announced on November 14 that its flash exchange platform has added support for the PIEVERSE token. Users can now perform one-click exchange transactions with USDT through the flash exchange feature, and no transaction fees are required. This move greatly enhances the liquidity and accessibility of PIEVERSE, providing investors with more opportunities.

According to ChainCatcher news and reported by CryptoCurrency, VanEck's report indicates that Bitcoin wallets that have not conducted any transactions in the past five years are the main source of recent selling, while the wallets with the longest holding period remain "astonishingly stable." In the past two years, the number of coins held by the 3-5 age group has decreased by 32%, and the addresses holding these coins have changed. VanEck believes this trend is related to the replacement of cyclical traders rather than the abandonment of holders for more than ten years. The report also emphasizes the adjustment of speculative positions: since October 9, the open interest of Bitcoin perpetual contracts has decreased by 20% in BTC terms and 32% in USD terms, resulting in the funding rate falling to levels similar to those during previous market downturns. The balance of small wallets holding between 100 and 1000 BTC has decreased.

Alliance QwQiao reiterates its warning about the crypto market, predicting that the next Bear Market will be more severe than expected due to unidentified investors purchasing trading platforms and ETFs. He believes the market will experience a retracement of about 50%, and recovery will only occur after investors clear their positions.

Gate News Bot reports, on November 21, according to CoinMarketCap data, TNSR (Tensor) is currently priced at $0.23, with a rise of 174.96% in the last 24 hours, peaking at $0.32 and dropping to a low of $0.03. The 24-hour volume reached $1.794 billion. The current market capitalization is approximately $102 million, an increase of $64.9 million compared to yesterday. Important news about TNSR recently: 1️⃣ **Tensor Foundation launches governance token TNSR** Tensor Foundation officially launched its governance token TNSR, marking an important step towards decentralized governance for the Tensor ecosystem. This token will empower holders with the right to participate in platform decisions, with the hope of attracting more users and investments.

Foresight News reports that Faraday Future announced on Twitter that the Nasdaq-listed company QLGN, which is strategically invested by FFAI, has been renamed AIxCrypto (AIXC) and unveiled its three new major businesses. Among them, AIXC will engage in stock tokenization RWA business, with the first project being the stock tokenization of FFAI. The company plans to purchase $5 million worth of FFAI stock through an independent third party, helping Faraday Future achieve more than.

Gate News Bot reported that on November 21, according to CoinMarketCap, as of the time of publication, BEAT (Audiera) is currently priced at $0.85, having risen 73.03% in the last 24 hours, reaching a high of $1.28 and a low of $0.35. The current market capitalization is approximately $118 million, an increase of $49.8 million compared to yesterday. Important news about BEAT recently: 1️⃣ **The launch of perpetual contracts drives increased liquidity** Gate exchange recently launched the BEAT/USDT perpetual contract trading pair, supporting 1-20x leverage for both long and short positions, with USDT as the settlement currency. This move significantly enhances the trading flexibility of BEAT, providing investors with more trading strategy options, which helps attract more market participants and thereby increases the liquidity of BEAT. 2

According to ChainCatcher news and Jin10 reports, Fed official Goolsbee stated that the official government data is "a mess," and the risks posed by the lack of inflation visibility compared to the labor market are greater, as there are more alternative data for the labor market.

According to ChainCatcher news and Jin10 reports, the panic index VIX rose by 3.49 points to 27.15, reaching a new high in over a month.

Odaily News The Fed's Hamak stated that fluctuations are expected in the money market, and hopes to see more use of the Standing Repo Facility (SRF). Due to inflation, a certain degree of monetary policy tightening needs to be maintained. (Jin10)

PANews November 20 news, according to the official announcement, Gate will fully refund users participating in BOB Launchpad, and will distribute a random amount of GT Airdrop to all users who successfully participated in the first phase of Gate Web3 Launchpad. Users who complete KYC verification through Gate will automatically receive an Airdrop; users who complete KYC verification on the Web3 Launchpad homepage can submit their GT receiving address or Gate UID via the official form before November 27 at 00:00 (UTC+8). After users submit their information, Gate will complete the Airdrop distribution within 3 working days. Gate always prioritizes users and will continuously optimize the participation experience of the Web3 Launchpad to bring users more quality projects.

Ethereum founder Vitalik Buterin responded to Uber founder Travis Kalanick's views on food delivery tips, advocating for more transparent user interface design to protect user interests and avoid the hassle of hidden fees. Kalanick believes that tips are a profit-making tactic that exploits psychology.

ChainCatcher news, Ethereum co-founder Vitalik Buterin stated that there is a need for more user-centric adversarial UI design. He hopes to see operating systems with plugins that can overlay the interfaces of all ride-hailing/delivery applications, displaying the all-inclusive price for each service, including taxes, additional fees, and expected tips.

According to 4E observations, the U.S. Bureau of Labor Statistics (BLS) will resume the release of the delayed September non-farm payroll report due to the government shutdown this Thursday, ending a two-month gap in official data. However, this data is viewed as "outdated information" due to latency, and its market impact may be relatively limited. The Dow Jones consensus expects approximately 50,000 new jobs in September, higher than the original estimate of 22,000 for August, but still reflects a weak labor market; the unemployment rate is expected to remain at 4.3%, with a month-on-month wage growth of 0.3% and a year-on-year growth of 3.7%, basically in line with the previous values. RSM Chief Economist Bru Suelas believes that the revised data for September and the previous two months may be slightly better than expected, but overall remains weak. The impact of the standstill on the data system is even more profound. The BLS has confirmed that it will combine the employment reports for October and November to be released on December 16, and the unemployment rate for October will not be released separately; job vacancies (JOLTS) will also be combined.

According to ChainCatcher news, users can now experience a more secure and responsive local AI service based on BitTorrent technology. With the continuous expansion of the distributed node network, coupled with the BTT token incentive mechanism, a revolutionary Web3 infrastructure is gradually taking shape. This ecosystem is committed to ensuring user data security while allowing every participant to share in the technological dividends brought by a decentralized future.

PANews, November 20 news, according to Jay A, founder of nof1.ai, Alpha Arena Season 1.5 is now live. This season will deploy $320,000 in funds, focusing on testing the investment judgment capability of AI rather than knowledge reserves. The participating models will only invest in the U.S. stock market and will add two new models: Kimi 2 and a mysterious model from a top AI lab. This season introduces multiple competitions to enhance statistical rigor, with different themes for each match aimed at comprehensively testing the models' adaptability and robustness to different inputs. In a single match, all models receive the same input data. Additionally, this season, models will have access to more data and a broader operational space. According to reports, Alpha Arena is the first benchmark test specifically designed to assess AI investment capabilities, with each model receiving $10,000 in real funds and a two-week period.

According to a report by Cryptonews, a new survey released by the crypto payment company Zerohash on Wednesday shows that an increasing number of young wealthy Americans are abandoning financial advisors that do not offer crypto asset investment channels, highlighting the growing generational gap in the wealth management sector. The study surveyed 500 American investors aged between 18 and 40, with annual incomes ranging from $100,000 to $1,000,000. The survey results show that 35% of respondents have moved their funds away from financial advisors who do not offer Crypto Assets investments, with more than half of the transferred amounts between $250,000 and $1,000,000. This trend reflects that encryption has quickly moved from the fringe to the mainstream for young investors.

The Sui ecosystem's Perp DEX Astros has partnered with the AI research platform Surf Copilot to integrate AI technology into the trading process, enhancing trading efficiency and experience. This collaboration will provide users with smarter trading at a lower learning cost and plans to launch joint activities to attract more users.

Gate News Bot News, on November 20, according to CoinMarketCap data, SAGA is currently priced at 0.09 USD, with a rise of 12.75% in the last 24 hours, peaking at 0.09 USD and dropping to a low of 0.08 USD. The current market capitalization is approximately 293,000 USD, an increase of 33,100 USD compared to yesterday. SAGA recent important news: 1️⃣ **Saga launches Mainnet 2.0, revolutionizing the blockchain economic model** Saga officially launched Mainnet 2.0 version on December 17, 2024, aiming to fundamentally change the blockchain economic model. This upgrade will bring significant improvements to the Saga ecosystem, with the potential to enhance network performance and user experience, thereby attracting more developers and users to participate. 2️⃣ **with Uni

A survey by Zerohash shows that among high-income investors aged 18-40 in the United States, 35% switched institutions because their advisors did not provide encryption assets, 84% plan to increase their holdings in encryption assets, and 92% hope to have more Token options, indicating that encryption has become a standard in asset allocation.

Gate News Bot news, on November 20, according to CoinMarketCap data, as of the time of writing, HFT (Hashflow) is currently at 0.04 USD, having risen by 16.39% in the last 24 hours, reaching a high of 0.04 USD and a low of 0.03 USD. The current market capitalization is approximately 255,000 USD, an increase of nearly 36,000 USD compared to yesterday. Important news about HFT recently: 1️⃣ **High-frequency trading becomes a new battleground for cryptocurrency exchanges** High-frequency trading (HFT) technology is increasingly being applied in the cryptocurrency market, becoming an important means for major exchanges to attract liquidity and enhance trading volume. This trend helps improve market efficiency while also bringing more attention to HFT-related projects. 2️⃣ **Harmonic supported by Paradigm launches HFT style

Gate News Bot news, on November 20, according to CoinMarketCap data, as of the time of writing, ARB (Arbitrum) is currently priced at $0.23, with a rise of 1.15% in the last 24 hours, reaching a high of $0.27 and a low of $0.22. The 24-hour volume has reached $185 million. The current market capitalization is approximately $1.309 billion, an increase of $14.9 million compared to yesterday. Arbitrum is a powerful Layer 2 scaling solution designed to make blockchain technology more inclusive and sustainable in a secure manner. It features fast and low-cost transaction confirmations, making it ideal for high volume applications. As a decentralized rollup, Arbitrum inherits the security of Ethereum and is compatible with all existing Ethereum tools and applications. Arbitr

ChainCatcher news, according to data from RWA.xyz, Circle's interest-earning stablecoin USYC has surpassed a total on-chain supply of 1 billion USD, with over 900 million USD deployed on the BNB Chain. This rise reflects that more global institutions are deploying on-chain assets using BNB Chain as core infrastructure. Over the past year, several institutions have launched tokenization products on the BNB Chain, including: • BlackRock: Its BUIDL fund is tokenized by Securitize and has been accepted as collateral by several mainstream institutions • Ondo: Launched 100 types of tokenized US stocks and ETFs • CMB International: On-chained a 3.8 billion USD money market fund • Franklin Templeton: Tokenized its B

Theoriq announces that the agent registration channel for its core network AlphaProtocol is now open, aiming to establish a highly reputable agent ecosystem and lay the foundation for the upcoming "agent economy." Successfully registered agents will enjoy multiple ecological benefits, including identification, Token incentives, and more.

Foresight News reported that according to Santiment monitoring, Bitcoin whales have been increasingly active during the price fall over the past six weeks, with over 102,900 transactions worth more than $100,000 and over 29,000 transactions worth more than $1,000,000 this week. Santiment stated that this week is expected to become the most active week for whales since 2025.

Bond investors follow the upcoming non-farm payroll report, which may affect Fed rate cut expectations. Experts point out that if the data falls short of expectations, market reactions will be more pronounced, and changes in the unemployment rate will become a key indicator.

According to Foresight News, the mixed ZK Rollup BOB tweeted that its airdrop will allocate a total supply of 4.15% tokens to community members. About 17,000 core BOB supporters and 200,000 community members are eligible to claim 415 million BOB tokens. The 4.15% BOB tokens allocated for initial claims are distributed as follows: 2.15% airdropped to eligible wallets that have participated in the BOB integration system and other activities; 2% Lock-up Position rewards, which can be claimed by staking and setting a time lock of 3/6/18 months. The longer the period, the more rewards. To ensure that the BOB airdrop is fairly distributed among network participants, wallet eligibility is based on a comprehensive evaluation of on-chain and social metrics, including the harvests during BOB integration seasons 1-3.

Gate News Bot news, on November 20th, according to CoinMarketCap data, as of the time of writing, TNSR (Tensor) is currently priced at 0.08 USD, with a 123.00% rise in the last 24 hours, reaching a high of 0.10 USD and a low of 0.03 USD. The trading volume in the last 24 hours has reached 337 million USD. The current market capitalization is approximately 35.8 million USD, an increase of 19.8 million USD compared to yesterday. Important news about TNSR recently: 1️⃣ **Tensor Foundation launches governance token TNSR** Tensor Foundation officially launched its governance token TNSR, marking an important step towards decentralized governance for the Tensor ecosystem. This token will empower holders with the authority to participate in platform decision-making, and is expected to attract more users and

According to Golden Finance reports, Opera's MiniPay Wallet has launched the "Pay like a local" feature, allowing users in Argentina and Brazil to use stablecoin for settlement when shopping or enjoying services through local payment systems. This feature connects USDT balance with the two payment systems, PIX and Mercado Pago, allowing users to complete payments by scanning a QR code, while USDT is instantly converted to the local currency. MiniPay plans to expand this feature to more markets and provide a two-way exchange channel between cryptocurrency and fiat currency in Latin America and Canada through partnerships. As a product launched by the browser developer Opera, MiniPay is a

Golden Finance reported that Block, the fintech company led by Jack Dorsey, released a significant outlook at the Investor Day on Wednesday, announcing a clear rise path through 2028. The company expects annual gross profit to maintain mid-teens growth, reaching approximately $15.8 billion by 2028, with adjusted earnings per share expected to rise annually by a low 30%. At the same time, Block significantly expanded its capital return plan, adding a new $5 billion stock buyback authorization, plus the remaining $1.1 billion from September, bringing the total buyback scale to $6.1 billion. This positive news propelled the company's stock price to jump about 8% after the announcement, reaching $62. William Blair analysts pointed out that as consumers quickly shift towards instant lending tools, Block's current valuation remains undervalued, with more than 40% rise potential.

Golden Finance reported that after the latest minutes from the Fed were released, gold prices pulled back some of their gains, with market participants focusing on upcoming U.S. economic data to seek new clues about the path of U.S. interest rates. The October Fed policy meeting minutes showed that although policymakers warned that lowering borrowing costs could affect inflation control, which has been above the 2% target for four and a half years, the clearly divided Fed still decided to cut rates last month. Fed Chairman Powell stated in an unusually frank manner at the post-meeting press conference that a rate cut in December is 'not a done deal.' Marex analyst Edward Meir pointed out, 'The minutes are already a given; what’s more important is to observe the dynamics in December, as the Fed needs more data to make decisions. Disparate data releases will become the market's focus.' The CME FedWatch tool shows that traders currently expect a 30% probability of a rate cut in December.

Vincent Mortier, Chief Investment Officer of Amundi, pointed out that political pressures next year will affect Fed's decisions, increasing the risks of the US dollar and US Treasury bonds. He is optimistic about fixed income, high-quality credit, and inflation-resistant assets, and expects emerging market stocks to continue to pump. He anticipates that the yield on 10-year US Treasury bonds will remain around 4%, and is more optimistic about the outlook for Europe and Japan.

BlockBeats news, on November 20, according to CNBC reports, Bitwise CEO Hunter Horsley stated, "The encryption world is going to see an ETF feast. I believe there will be more than 100 products launched. We will see a large number of single-asset encryption trading platform products (ETPs). However, what excites me the most is the rise of index-based encryption ETPs." Despite the challenging market, he still believes that index ETPs will be one of the most important stories in the encryption field next year and will ultimately become one of the largest categories of interest for investors. Hougan added, "This industry will be ten times larger in the future than it is now." Bitwise launched on October 28.

Odaily News The director of the National Economic Council of the White House, Hassett, stated that inflation is now "more controllable," but has not been completely resolved, after previously losing control over inflation. (Jin10)

Odaily News Bitcoin is currently hovering in a fragile area just above $90,000, with retail investors dumping, large outflows from ETFs, and continually rising downward hedging pressure continuing to dictate the market structure before the end of the year. Analysts indicate that the current trading records reflect an imbalanced flow of funds—short-term holders and Wall Street investors are dumping heavily, while long-term holders, often referred to as "whales," are steadily accumulating. The head of BRN research pointed out that Bitcoin is at a "crossroads," with large holders continuously increasing their holdings while retail investors and short-term buyers are suffering significant losses. Recently, approximately 31,800 Bitcoins were transferred to exchanges at a loss, while the number of wallets holding more than 1,000 Bitcoins increased by 2.2%, marking the highest growth rate in four months. (The Block)

Odaily News Derivatives trading market Deribit announced on platform X that the $140,000 Bitcoin call options have lost their leading position, with an open contract size of approximately $1.63 billion, while the open contract size of the $85,000 put options has reached $2.05 billion. This reflects a shift in market sentiment from extremely bullish to extreme downside protection after Bitcoin fell more than 25% to $91,000.

According to BeinCrypto, market observers have listed former professional fighter Andrew Tate as one of the worst traders in the Crypto Assets space, as he was completely liquidated on the Hyperliquid exchange, losing over $800,000. Arkham's blockchain analysis reveals the severity of Tate's trading losses, as he deposited $727,000 into the decentralized perpetual exchange Hyperliquid. All of his funds are left in the exchange, locked in losing trades, until they are fully liquidated. Tate tried to recover his losses by trading through referral income. He earned $75,000 from users who registered through his referral link. He did not withdraw these rewards but used them for more trading. Eventually, the entire $75,000 disappeared in the same liquidation cycle.