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1Bitget Daily Digest (Nov 26) | Kevin Hassett Emerges as Top Candidate for SEC Chair; Ethereum ETFs Record ~$104M Net Inflow in a Single Day; Texas Launches Bitcoin Reserve Program with First $5M IBIT Purchase2Strategy Pauses Bitcoin Purchases, Raising Market Concerns3Monad’s MON Token Jumps 46% After Early Slide Amid Market Slump
Bitcoin wavers under $88K as traders brace for $14B BTC options expiry
Cointelegraph·2025/11/26 05:15
The likelihood of a bitcoin short squeeze to $90,000 increases as funding rates turn negative
After dropping from $106,000 to $80,600, Bitcoin has stabilized and started to rebound, sparking discussions in the market about whether a local bottom has been reached. While whales and retail investors continue to sell, mid-sized holders are accumulating. Negative funding rates suggest a potential short squeeze. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
MarsBit·2025/11/26 03:05
TGE tonight: A quick look at the ecosystem projects mentioned by Monad on the first day
Including prediction markets, DeFi, and blockchain games.
BlockBeats·2025/11/26 02:32
In-depth Conversation with Sequoia Capital Partner Shaun: Why Does Musk Always Defeat His Rivals?
Shaun not only led the controversial 2019 investment in SpaceX, but is also one of the few investors who truly understands Elon Musk's operational system.
深潮·2025/11/26 02:32
11 million cryptocurrencies stolen, physical attacks are becoming a mainstream threat
A man posing as a delivery driver stole $11 million worth of cryptocurrency this weekend, while incidents of burglary are also on the rise.
深潮·2025/11/26 02:31
TON Rebounds as Telegram Ecosystem Growth and Strong Technicals Lift Market Confidence
Cointribune·2025/11/26 01:03
XRP Price Holds Above Key Support as ETF Launch Generates $85.7M in First-Day Volume—What’s Next?
Coinpedia·2025/11/26 00:39
India Reviews Crypto Framework to Protect 100M+ Users and Exchanges
Coinpedia·2025/11/26 00:39
Bitcoin Steadies as U.S. PPI Inflation Surprises Markets—What It Means for Crypto Next
Coinpedia·2025/11/26 00:39
Why XRP Price Is Not Rallying Despite Six ETF Launches?
Coinpedia·2025/11/26 00:39
Flash
- 06:27Ethena-related addresses withdrew 125 million ENA from a certain exchange, with a total value of $34.15 million.According to ChainCatcher, monitored by Onchain Lens, a newly created wallet (0xa19...a64a) received 105.35 million ENA from an exchange, valued at 28.7 million USD. In addition, wallet (0x631...e3ae) withdrew 20 million ENA from an exchange, valued at 5.45 million USD. This wallet currently holds a total of 305.15 million ENA, valued at 88.67 million USD.
- 06:08Data: Some meme coins on Monad chain saw slight pullbacks after reaching new highs, with NADS market cap peaking at 3 million USD.According to ChainCatcher, monitored by GMGN, possibly influenced by the continuous rise of MON, some actively traded Meme coins on the Monad chain such as NADS and moncock reached new all-time highs this morning. Among them, NADS' market cap briefly surpassed 3 million USD this morning, firmly holding the top spot. The current top three Meme coins by market cap are: NADS: market cap currently reported at 2.04 million USD, up 100% in 24 hours, currently priced at approximately 0.0019 USD; moncock: market cap currently reported at 880,000 USD, up 291% in 24 hours, currently priced at approximately 0.0008 USD; HOGDOG: market cap currently reported at 860,000 USD, up 1711% in 24 hours, currently priced at 0.0008 USD. ChainCatcher reminds users that meme coin prices are highly volatile, and users should invest cautiously.
- 06:08Analyst: Crypto treasury companies may face a wave of sell-offs, falling into a vicious cycleJinse Finance reported, citing the Financial Times, that as cryptocurrencies plummet, crypto treasury companies are scrambling to sell off their token holdings to support their falling stock prices, and the boom in "digital asset treasury" businesses is rapidly collapsing. Strategy, led by Michael Saylor, is the world's largest corporate bitcoin holder, and its stock price has dropped by 50% over the past three months, dragging down the stock prices of many other crypto treasury companies. As Saylor's company's market capitalization has now fallen below the value of its bitcoin holdings, investors are concerned that this business model—which relies on rising cryptocurrency prices and large-scale equity and debt issuance to form a virtuous cycle—is on the verge of unraveling. Adam Morgan McCarthy, Senior Research Analyst at crypto data company Kaiko, stated: These companies will see a wave of sell-offs, and the situation will only get worse. This is a vicious cycle; once prices start to fall, it becomes a race to the bottom.