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Search results for "SECOND"
09:16

A certain high-frequency trader's 7x long position on ETH is floating a profit of $3.32 million.

Odaily Planet Daily news: According to on-chain analyst Ai Yi’s monitoring, high-frequency contract trader (0xa43...57d28) is currently the second largest Hyperliquid ETH long position holder, with a current floating profit of $3.32 million. Three days ago, this address opened a 7x long position in ETH, holding 19,860.72 ETH, worth about $60.58 million, with an average entry price of $2,884.03. Prior to this, out of 19 trades made by this address in the past three days, only 2 resulted in small profits.
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ETH8.63%
09:15

BlackRock Bitcoin Spot ETF Options Trading Volume Surges, Open Interest Ranks Among Top Ten in the US

ChainCatcher news, according to CoinDesk, options trading volume linked to BlackRock's Bitcoin ETF (IBIT) has surged, with a total of 7,714,246 IBIT options contracts open or outstanding as of Tuesday. According to data from optioncharts.io, among options linked to US-listed stocks, ETFs, and indexes, IBIT options rank ninth in open interest; when considering only stock options, IBIT options rank second in open interest. The report notes that IBIT options have already surpassed gold ETFs and major tech stocks, highlighting Bitcoin's growing appeal as a macro asset. Despite the decline in Bitcoin's price, trading activity for IBIT options is higher than that for options linked to the SPDR Gold Trust ETF, which has risen this year.
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BTC6.83%
08:45

Open interest in BlackRock's spot Bitcoin ETF options surpasses 7.7 million contracts, ranking among the top ten in the US.

The options contract activity for BlackRock's spot Bitcoin ETF (IBIT) continues to climb. As of Tuesday, IBIT had 7,714,246 open interest (O.I.) contracts, ranking ninth among all U.S.-listed stocks, ETFs, and index options, and second among stock options alone. Data shows that Bitcoin ETF options are rapidly becoming one of the most closely watched macro assets in the U.S. market. BloFin Research pointed out that if Deribit open interest is included, IBIT options' scale can rival that of VIX and SPY options, further solidifying Bitcoin’s status as a macro asset. IBIT options were launched in November 2024, providing ETF holders with risk management tools while meeting institutional investors' demand for regulated options trading. Traders widely use these options for hedging, speculation, and covered call strategies.
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BTC6.83%
02:16

Superform released Airdrop sign up link

Odaily News Superform announced on the X platform that the registration for the UP Token Airdrop event is now open, and eligible users enjoy preferential terms in the UP community sales. Retaining deposits in the Superform account qualifies you for the second Snapshot. Registration steps: 1. Link account; 2. Sign up; 3. Share relevant statistics on X; 4. Maintain deposit status to qualify for the second Snapshot; 5. Receive UP Tokens at TGE. The registration deadline is before TGE.
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09:21

Trump supports the encryption company Alt5 Sigma, which is under investigation for allegedly violating SEC regulations.

The crypto assets company Alt5 Sigma, supported by Trump, is under investigation for possibly violating SEC regulations. The company was previously reported to have issues such as insufficient information disclosure and improper handling of executive changes, raising regulatory concerns. The investigation is focused on the resignation of the auditor and the delay in financial reports. Forbes reported that Alt5 Sigma's independent auditor William Hudgens resigned on November 21, but he stated that he had informed the company as early as the end of June and planned to stop services after the submission of the second quarter financial report. More troubling is that the company has yet to submit its third quarter financial report, partly due to the accounting firm's delayed response. According to SEC regulations, listed companies must disclose relevant information within four business days after an external auditor resigns, and the auditor must also review the interim data of the quarterly report. Delayed reports may raise questions from regulatory agencies.
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WLFI3.15%
07:55

MON (Monad) rose 26.91% in 24 hours

Gate News Bot news, on December 2, according to CoinMarketCap data, MON (Monad) is currently reported at 0.03 USD, rising 26.91% in the last 24 hours, with a peak of 0.05 USD and a low of 0.02 USD. The current market capitalization is approximately 315 million USD, an increase of 66.69 million USD compared to yesterday. Monad is a next-generation Ethereum-compatible chain that offers the capability to process 10,000 transactions per second, sub-second finality, low fees, and scalable decentralization. It is a high-performance EVM blockchain built for scalability. Monad supports EVM bytecode-level compatibility, which means Solidity contracts, EVM addresses, infrastructure, tools, and libraries can be used directly. The project aims to provide developers with a familiar and frictionless building environment.
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MON-2.71%
ETH8.63%
BTC6.83%
SOL10.97%
06:56

The prediction market service provider Opinion has a volume exceeding 5 billion USD.

According to Jinse Finance, data from DefiLlama and Dune shows that the prediction market Opinion has surpassed $5 billion in volume and over $60 million in open interest within one month of its public launch, ranking second among on-chain prediction markets. The total trading volumes of Polymarket, Limitless, and Myriad are 36 billion, 550 million, and 150 million USD respectively; the open interests are 280 million, 860 thousand, and 800 thousand USD respectively.
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03:19

Ethereum ecosystem network peak TPS has reached a historical new high, with Lighter contributing 90% but only paying 685 dollars in on-chain costs.

According to ChainCatcher news and GrowThePie data, Ethereum's mainnet set a historical highest throughput record in 2025. The peak TPS (transactions per second) of the Ethereum ecosystem recently reached a historical high of 32,950. Lighter accounts for about 90% of Ethereum L2's average daily TPS, but pays only about 685 USD in on-chain costs to Ethereum each day.
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ETH8.63%
02:27

Cango: Daily average Mining volume of 21 BTC, an increase of 37.5% compared to the second quarter.

Golden Finance reported that the New York Stock Exchange-listed Bitcoin mining company Cango released its financial report for the third quarter of 2025, revealing that the company's mining output for the third quarter was 1,930.8 BTC, with an average daily mining volume of 21 BTC, which is a rise of 37.5% compared to the second quarter. As of the end of the third quarter, the total mining volume was 5,810 BTC. In addition, Cango also announced that its total revenue for the third quarter reached $224.6 million, of which the revenue from Bitcoin Mining was $220.9 million.
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BTC6.83%
20:59

Goldman Sachs invested $2 billion in the acquisition of Innovator, adding a Bitcoin-linked ETF to its product line.

Golden Finance reports that Goldman Sachs has agreed to acquire Innovator Capital Management for approximately $2 billion, incorporating this firm that issues "defined outcome" exchange-traded funds (ETFs) into its asset management portfolio, with products including a Bitcoin structured fund. The transaction is expected to be completed in the second quarter of 2026, at which point it will add approximately $28 billion in regulated assets to Goldman Sachs' asset management division.
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BTC6.83%
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07:30

VFY (zkVerify) rose 17.32% in the last 24 hours.

Gate News Bot news, on December 01, according to CoinMarketCap, as of the time of writing, VFY (zkVerify) is currently priced at 0.03 USD, with a rise of 17.32% in the last 24 hours, peaking at 0.04 USD and dropping to a low of 0.03 USD. The current market capitalization is approximately 10.7 million USD, an increase of 1.58 million USD compared to yesterday. zkVerify is a universal verification layer designed to provide ultra-fast and scalable cross-system verification solutions. The platform supports verification completion in under a second, with no delays or bottlenecks. zkVerify can be easily integrated into various ecosystems and proof schemes, minimizing complexity and infrastructure changes. It is also cost-effective, significantly reducing verification costs, regardless of scale. zkVerify's goal is to become the new standard of trust, enabling verification of any scale.
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VFY-6.55%
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06:33

MON (Monad) has fallen 11.62% in the last 24 hours, with a current market capitalization of approximately $261 million.

Gate News Bot news, on December 01, according to CoinMarketCap, as of the time of writing, MON (Monad) is currently priced at $0.02, with a 24-hour fall of 11.62%, reaching a high of $0.05 and a low of $0.02. The current market capitalization is approximately $261 million, a decrease of about $34.2488 million compared to yesterday. Monad is a next-generation Ethereum-compatible chain that offers a transaction processing capability of 10,000 transactions per second, sub-second finality, low fees, and scalable decentralization. The project aims to bring a new level of performance to the EVM, enabling unprecedented product development. Monad is compatible with the EVM at the bytecode level, which means Solidity contracts, EVM addresses, infrastructure, tools, and libraries can be used directly, allowing developers to focus on building excellent products rather than learning new technology stacks.
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MON-2.71%
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03:43

In November, the spot trading volume of encryption exchanges fell to $1.59 trillion, the lowest since June.

The Block data shows that in November, the global crypto assets spot trading volume fell to $1.59 trillion, a decrease of 26.7% from October's $2.17 trillion, marking the lowest level since June's $1.14 trillion. A certain mainstream CEX still occupies the largest volume, reaching 599.34 billion USD in November, but it has clearly declined compared to 810.44 billion USD in October, with Gate ranking second at 96.75 billion USD.
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BTC6.83%
04:51

CITIC Construction Investment: The Fed's rate cut cycle is expected to continue, which will inject new momentum into the rise of gold prices.

According to a report by Jinse Finance, CITIC Securities released a research report stating that the explanatory power of marginal demand on gold pricing has increased. Returning to traditional supply and demand logic, due to relatively stable gold supply, with annual production basically maintained at around 3600 tons, the true pricing variable for gold lies in demand, especially marginal demand. Gold demand mainly includes three parts: private sector consumption demand, private sector investment demand, and official gold purchasing demand. In the past, marginal demand for gold was mainly contributed by ETF demand from Europe and the United States (private sector investment demand in Europe and the United States, mainly from overseas institutional investors), and its demand or investment framework mainly depended on the real interest rate of U.S. Treasury bonds. Private sector investment demand in Europe and the United States (such as ETF demand) still shows a strong correlation with the real interest rate of U.S. Treasury bonds. As U.S. inflation recedes and labor market resilience declines, expectations for Fed interest rate cuts in the second half of the year are rising, leading to a decline in nominal and real interest rates driven by the onset of rate cuts.
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11:52

Shiba Inu announces Shibarium privacy upgrade and partners with AI gaming company to enhance ecosystem utility.

The Shiba Inu team announced a comprehensive privacy upgrade to its Shibarium platform and collaboration with an artificial intelligence gaming company to enhance the utility of the SHIB Token. Official spokesperson Lucie stated on X that the Shibarium platform is expected to achieve full on-chain privacy in the second quarter of 2026. Crypto company Zama will introduce Fully Homomorphic Encryption (FHE) technology to the network, allowing smart contracts to be executed directly on encrypted data without decryption, thereby enhancing the security of transactions and contracts. This technology will transform Shibarium from a typical Layer-2 chain into a privacy-focused blockchain network. Zama's public testnet has been launched on the Ethereum Sepolia network, with plans to go live on the Ethereum mainnet by the end of the year, and to expand to EVM-compatible chains in the first half of 2026, before deploying to Solana by the end of the year.
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SHIB10.94%
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06:03

The probability of Hasset becoming the new chairman of the Fed has surged to 35%, making him the frontrunner.

According to PolyBeats monitoring, Kevin Hassett's probability of being nominated as the Fed chair by Trump in 2025 has risen significantly to 35%, making him a leading candidate. Hassett is viewed as a supporter of interest rate cuts, and the blog Finance Minister confirmed that he has entered the final shortlist, with an announcement planned before Christmas. In the long-term market, Hassett leads with a 56% probability, with Waller being the second most popular.
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04:27

Hyperliquid saw multiple new BTC positions emerging in a single day, with the largest new position reaching $91 million.

According to BlockBeats news on November 27, monitored by HyperInsight, there is a new divergence in long and short positions among BTC whales today, with multiple addresses opening positions exceeding ten million dollars, each in different directions. An address marked as "Penision Fund" has opened a short order of 91 million dollars and currently has unrealized losses; another whale address closed a short order of 35 million dollars and then took the opposite position to go long, now with unrealized gains. Specific information is as follows: Whale with address starting with 0x0dd: marked by users as Penision Fund, closed long orders for ETH and BTC at 10 PM yesterday, and opened a 20x BTC short order today at 1 AM, with a position size of 91 million dollars, unrealized losses of 1.25 million dollars, currently the second largest BTC short on Hyperliquid; Whale with address starting with 0x2c2: today at 1.
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BTC6.83%
ETH8.63%
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11:46

Scilex completed its second investment of approximately $580 million in Bitcoin for Datavault AI.

Golden Finance reports that Nasdaq-listed company Scilex Holding has announced the completion of its second investment in Datavault AI, which will be paid in Bitcoin (based on the Spot price of Bitcoin at the time of signing the strategic investment protocol). It is reported that this investment allows it to acquire 263,914,094 shares of common stock in Datavault AI, equivalent to approximately $583.3 million based on the Closing Price of $2.21 on November 25.
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BTC6.83%
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03:27

Theoriq plan to launch TGE in December

On November 26, news came that the modular AI agent infrastructure Theoriq announced at the X Space event that its flagship product AlphaVault Phase 2 is about to officially launch, and plans to hold the THQ token generation event in December 2025. To support the launch of the second phase and the TGE, Theoriq will launch a three-month TVL incentive program in late November, allocating 1% of the total amount of THQ tokens as rewards to encourage early user participation.
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03:24

The native privacy payment feature of the BenFen public chain is officially launched.

Odaily News According to official news, the stablecoin payment public chain BenFen has completed the Mainnet upgrade to v1.24.2, and the native "privacy payment function" is officially online, verifiable, non-disclosing, and ready to use. This function will implement full-link encryption on accounts, balances, and transaction paths at the protocol layer, achieving data non-disclosure while maintaining on-chain verifiability, focusing on enhancing privacy and security in stablecoin payment scenarios. This capability is led by the BenFen team and implemented in collaboration with State Labs, using a combination scheme of Move VM enhancement + MPC + TSS (Threshold Signature Sharding), with the entire signing and authorization process being distributed, the Private Key is not exposed in plaintext, and a second-level experience is maintained under high-performance Consensus. BenFen native ecological applications
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03:01

MON (Monad) has risen 39.95% in the last 24 hours, with a current market capitalization of approximately $491 million.

Gate News Bot news, on November 26, according to CoinMarketCap data, as of the time of writing, MON (Monad) is currently priced at 0.05 USD, having pumped 39.95% in the last 24 hours, with a high of 0.05 USD and a low retreating to 0.02 USD. The current market capitalization is approximately 491 million USD, an increase of 140 million USD compared to yesterday. Currently ranked 97th. Monad is a next-generation, Ethereum-compatible blockchain that can process 10,000 transactions per second, featuring sub-second finality, low fees, and scalable decentralization. Monad is fully EVM-compatible, supporting Solidity contracts, EVM addresses, infrastructure, tools, and libraries out of the box. The network has over 200 validators, and by using a custom database and low system requirements, validators can run nodes on consumer-grade hardware.
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MON-2.71%
ETH8.63%
USDC-0.02%
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16:12

Google's stock price soars, with its two founders becoming the second and third richest people in the world.

According to Jinse Finance, recently, Oracle founder Larry Ellison has experienced a significant decrease in wealth, while Google's two founders Larry Page and Sergey Brin have seen their personal fortunes rise. In the latest real-time Forbes billionaire rankings, Larry Page and Sergey Brin have personal fortunes of $268.4 billion and $248.8 billion, respectively, making them the second and third richest people in the world. Data shows that since the beginning of the year, Google's stock price has risen by as much as 73%, and the company's total market capitalization has soared to around $4 trillion.
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11:49

Alibaba's U.S. stock pre-market rise exceeds 5%

Golden Finance reports that Alibaba's US stocks rose over 5% before the market opened. The company's second quarter revenue exceeded expectations, with strong performance continuing in its two core businesses, AI + Cloud and Consumer.
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10:46

Alibaba's Q2 revenue exceeded expectations but profit was disappointing, Ant Group's profit increased by 10.3% year-on-year.

PANews, November 25 news, according to Jin10 reports, Alibaba (09988.HK) reported that its revenue for the second fiscal quarter of FY2026 reached 247.795 billion yuan, a year-on-year rise of 4.8%, exceeding market expectations. The cloud intelligence revenue of 39.82 billion yuan was higher than estimated, and Ant Group's profit reached 8.37 billion yuan, a year-on-year increase of 10.3%. However, the adjusted net profit was 10.35 billion yuan, lower than the expected 16.8 billion yuan, with earnings per ADS of 4.36 yuan also falling short of expectations. The company stated that it will continue to increase investments in AI and consumer sectors, and short-term profits will fluctuate.
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10:42

vooi released Token model: Airdrop and community Token sales account for 10.53%.

Odaily News Perptual Futures DEX aggregator vooi announced the token economic model on the X platform, with a total supply of 1 billion coins, of which Airdrop and community sales account for 10.53%; community development and marketing (including the second quarter Airdrop) account for 27.82%; community contributors account for 17%; PE Round and strategic investors account for 13.65%; and the project foundation accounts for 31%. Previously, it was reported that vooi received investment from YZi Labs on August 22, 2024, with the amount undisclosed.
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07:09

XRP Spot ETF attracted $164 million in a single day, with Grayscale GXRP leading at $67.36 million.

The price of XRP has rebounded after a recent fall. At the same time, according to data from SoSoValue, the Spot XRP ETF saw a net inflow of $164 million on November 24, marking the second-highest single-day inflow since the fund began trading. Grayscale's GXRP led all issuers with a capital inflow of $67.36 million after its launch yesterday. Franklin Templeton's XRPZ followed closely with an inflow of $62.59 million. This marks the seventh consecutive day of capital inflow for XRP, and it is the second highest daily capital inflow recorded since the launch of the Canary fund.
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XRP7.99%
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06:18

HEMI (Hemi) rose 18.36% in the last 24 hours.

Gate News Bot news, on November 25, according to CoinMarketCap, as of the time of writing, HEMI (Hemi) is currently priced at $0.02, having risen 18.36% in the last 24 hours, with a highest point of $0.02 and a lowest point of $0.02. The current market capitalization is approximately $22.7 million, an increase of $3.52 million compared to yesterday. It currently ranks 707th in the market capitalization of Crypto Assets. Hemi is a blockchain project focused on the programmability of Bitcoin, aiming to combine the security of Bitcoin with the flexibility of Ethereum. The project achieves Bitcoin-level security through the Proof-of-Proof (PoP) consensus mechanism while maintaining the speed and flexibility of a second-layer network. The Hemi Virtual Machine (hVM) encapsulates a complete Bitcoin node within the EVM, allowing developers to create directly with Bitcoin.
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HEMI4.77%
BTC6.83%
ETH8.63%
03:36

Framework Ventures holds over $50 million in unrealized losses from BERA Tokens.

Odaily News According to monitoring by Unchained, as of the end of the second quarter of 2025, Framework Ventures, a joint lead investor in the Berachain Series B round, holds 21,145,476 BERA Tokens, with a total cost of approximately 72.4 million dollars. The average bid price for these tokens is 3.42 dollars, and based on the current price, Framework Ventures has unrealized losses exceeding 50.8 million dollars on this batch of BERA tokens. Reports indicate that other investors in the Berachain Series B round (with a total financing amount of 100 million dollars), if investing at the previously reported valuation of 1.5 billion dollars, would also be at a loss. As of the time of publication, BERA
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BERA13.56%
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02:15

Jupiter has completed the second phase of "Fresh Start", destroying approximately 130 million JUP and shortening the staking unbonding period.

Odaily News Jupiter announced that it has completed the second phase of the "Fresh Start" plan, aimed at strategically aligning JUP with the broader goal of bringing billions into Decentralized Finance. The plan is designed to take a more strategic approach to the development of JUP. The first phase focused on minimizing the DAO, resetting the community, and simplifying the narrative, while the core of the second phase is to vote to decide to burn approximately 130 million JUP Tokens (i.e., "Litterbox Burn"). The Jupiter team is currently executing the token burning, while shortening the unstaking window period to 7 days based on feedback from token holders. Jupiter
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JUP8.4%
01:13

MON (Monad) has pumped 8.80% in the last 24 hours, with a current market capitalization of approximately $339 million.

Gate News Bot news, on November 25, according to CoinMarketCap data, as of the time of writing, MON (Monad) is currently reported at $0.03, with an 8.80% rise in the last 24 hours, reaching a high of $0.04 and a low of $0.02. The current market capitalization is approximately $339 million, an increase of $27.4 million compared to yesterday. Monad is a next-generation Ethereum-compatible chain that offers a processing capacity of 10,000 transactions per second, sub-second finality, low fees, and scalable decentralization. Monad is fully compatible with EVM at the bytecode level, which means Solidity contracts, EVM addresses, infrastructure, tools, and libraries are all ready to use out of the box. The network has over 200 validators and uses a custom database with lower system requirements, allowing validators to run nodes on consumer-grade hardware.
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MON-2.71%
USDC-0.02%
CLANKER19.84%
16:50

The open interest in U.S. Treasury futures on the CME reached a historic high of 35 million contracts.

Odaily News The CME Group announced today that its highly liquid U.S. Treasury futures and options products reached a record high of 35,120,066 open interest (OI) on November 20. Meanwhile, the trading volume of CME's interest rate futures and options products reached 44,839,732 contracts on November 21, marking the second highest single-day trading volume in history. Agha Mirza, head of global rates and OTC products at CME, stated: "Against the backdrop of economic rise and uncertainty in the Fed's rate cut pace, market participants are turning to our markets for unmatched trading efficiency and liquidity across the yield curve." (Jin10)
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13:37

Greeks.live: The Chinese community has a clear divergence in market direction, with most traders expecting BTC to test the bottom again.

BlockBeats news, on November 24, researcher Adam from Greeks.live posted on social media that there is a clear divergence in market direction within the Chinese community, with most traders expecting a second bottom. BTC around 80,000 USD is seen as a neutral position, and the market is oscillating in the 80,000-88,000 USD range, with the current rebound considered likely nearing its end. The abnormal widening of ETH spreads has drawn attention, with the 1-hour MA30/MA60 becoming a key technical indicator, and some traders expect a rebound to possibly 3,000 USD.
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BTC6.83%
ETH8.63%
08:58

Viewpoint: If the selling pressure weakens this week, it could become a reliable bottom signal.

BlockBeats news, on November 24, wealth management company Swissblock stated that current risk aversion signals have sharply declined, and selling pressure has eased, indicating that the worst of the dumping phase may be temporarily over. If risk aversion sentiment is used as a bottom warning indicator, the coming week will be crucial. Investors need to see the selling pressure continue to weaken. Generally, the second wave of dumping (with less intensity than the first wave and prices maintaining at previous lows) will become one of the most reliable bottom signals. The second wave usually marks the exhaustion of sellers, with control returning to long positions.
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08:28

China's Bitcoin Mining activities have rebounded, with market share rising to third place globally.

ChainCatcher news, despite China's comprehensive ban on crypto assets trading and mining in 2021, Bitcoin mining activities are quietly reviving in China. Hashrate Index data shows that China's Bitcoin mining market share has rebounded from zero after the ban to 14% by the end of October, ranking third in the world. Miners primarily utilize cheap electricity and surplus capacity from data centers in energy-rich provinces like Xinjiang. Mining rig manufacturer Canaan's sales in China in the second quarter of this year have exceeded 50% of its global revenue.
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BTC6.83%
11:50

After the market big dump initiated by Bitwise CEO, the survey on response measures has concluded: "Buy" accounts for over 43%, ranking first.

PANews, November 23 news, the survey on response measures after the market big dump initiated by the CEO of Bitwise has ended. The results from 4,527 participants show: "Buy" accounts for 43.1%, ranking first; "Hold" accounts for 37.6%, ranking second; "Still undecided" accounts for 9.8%, ranking third; "Dumping" accounts for 9.5%, ranking fourth.
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11:59

UniSat launches the second phase of the InSwap liquidity support program

Odaily News The Bitcoin ecological service provider UniSat announced that its open source AMM DEX - InSwap, built on Bitcoin and Fractal, will officially launch the second phase of its community liquidity support plan LP Match at 16:00 Beijing time on November 24. This phase of the plan will provide support of up to 500,000 FB, and it adopts a liquidity matching mechanism, whereby the platform will automatically add equivalent liquidity to the designated pool in proportion when it reaches the preset growth target. Previously, UniSat added liquidity equivalent to 200,000 FB to the community in the first phase of LP Match. At the same time, in the past year, UniSat repurchased 200,000 FB from the market and rewarded liquidity providers through four rounds of incentive activities. UniSat promises
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BTC6.83%
FB2.92%
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10:35

A South Korean bank employee embezzled $700,000 to purchase Crypto Assets, resulting in a total loss.

According to a report by the Korean Broadcasting Company (KBC), a loan manager at Gwangju Bank in South Korea embezzled $724,620 from the bank and used it for Crypto Assets investment. The bank stated that the unnamed manager stole the funds between May and November 2023, but the disappearance of the funds was only discovered in the second half of this year. A spokesperson for Gwangju Bank stated: "During a recent review of the historical data on project financing loan interest, we discovered this embezzlement case. We will decide on the extent of disciplinary action to be taken after completing the internal audit." The spokesperson mentioned that the employee has repaid the bank $105,581.
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10:25

Analyst: If Bitcoin fails to return to the range of $88,000 to $90,000, it may fall to $78,000.

Timothy Misir, the research director of BRN, stated that the big dump in the crypto market on Friday pushed the fear and greed index to 11, indicating "extreme fear" in the market. Misir pointed out that as the market capitalization of the entire crypto assets dropped to its lowest point since the second quarter of 2025, liquidity "has almost completely disappeared." After Bitcoin fell below the average of active investors, the market focus shifted to the real market average of $81,900—this is a long-term cost basis accumulation point that he describes as "the next important threshold before a full confirmation of the bear market."
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BTC6.83%
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10:15

Bitcoin price retraced about a quarter in November, marking the largest monthly fall since June 2022.

On Friday, Bitcoin briefly fell by 6.4% to $81,629. Ethereum, the second largest by market capitalization, dropped by 7.6%, falling below $2,700, and many other smaller tokens also experienced similar declines. European stock markets also generally fell, highlighting the market's risk aversion sentiment. This also means that Bitcoin is heading towards its worst monthly performance since a series of company bankruptcies severely impacted the entire encryption industry in 2022. Data shows that in November, the price of Bitcoin has fallen by about a quarter, marking the largest monthly decline since June 2022. In May of that year, Do Kwon's TerraUSD stablecoin project collapsed, triggering a series of company bankruptcies, ultimately leading to the collapse of Sam Bankman-Fried's FTX exchange.
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BTC6.83%
ETH8.63%
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