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1Bitget Daily Digest (Nov 06) | Monad Plans to Launch Mainnet and Native Token MON on November 24; U.S. Government Shutdown May Delay Crypto Market Structure Legislation Until 20262Bitcoin and Ether ETFs record fifth consecutive day of outflows as crypto prices remain under pressure3Monero (XMR) jumps to 5-month high as privacy coins lead surprise market rally

JPMorgan sees Bitcoin as more attractive than gold after price dip
Coinjournal·2025/11/07 00:24

Dogecoin faces $0.15 test as analysts predict a massive price ‘burst’ ahead
Coinjournal·2025/11/07 00:24

Why Is the Crypto Market Flat Today? November 6, 2025
Cryptoticker·2025/11/07 00:12

Bitcoin holds above $100,000, but for how long?
market pulse·2025/11/06 22:42
Bitcoin’s valuation metric hints at a ‘possible bottom’ forming: Analysis
Cointelegraph·2025/11/06 21:24
Bitcoin ‘$68K too low’ versus gold says JPMorgan as BTC, stocks dip again
Cointelegraph·2025/11/06 21:24
$100B in old Bitcoin moved, raising ‘OG’ versus ‘trader’ debate
Cointelegraph·2025/11/06 21:24
Bitcoin bulls retreat as spot BTC ETF outflows deepen and macro fears grow
Cointelegraph·2025/11/06 21:24
BTC Signs Potential Mid-Cycle Bottom As Fear Grips the Market
DailyCoin·2025/11/06 20:34

The "Black Tuesday" for US stock retail investors: Meme stocks and the crypto market plunge together under the double blow of earnings reports and short sellers
Overnight, the US stock market experienced its worst trading day since April, with the retail-heavy stock index plunging 3.6% and the Nasdaq dropping more than 2%. Poor earnings from Palantir and bearish bets by Michael Burry triggered a sell-off, while increased volatility in the cryptocurrency market added to retail investor pressure. Market sentiment remains tense, and further declines may follow. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
MarsBit·2025/11/06 19:02
Flash
- 00:35Data: A certain whale continues to short BTC for profit, with funding fee earnings reaching $8.77 millionAccording to ChainCatcher, on-chain analyst Ai Yi (@ai 9684xtpa) has monitored that a whale trader, who has shorted bitcoin four consecutive times since March 2025, has once again made a profit. The trader currently holds a short position of 1,231.98 BTC, valued at approximately $124 million, with an average entry price of $111,499.3. Although the trader increased their position several times between October 24 and 28, as the bitcoin price dropped on November 3, their position has returned to profitability. Notably, the trader has earned over $8.77 million solely from funding fees.
- 00:35Since March, a whale has shorted BTC four consecutive times, with a floating profit of $12.99 million and an average opening price of $111,499.According to ChainCatcher, on-chain analyst Ai Aunt (@ai_9684xtpa) has monitored that the "whale who has shorted BTC four times in a row since March" has once again made a floating profit of $12.99 million. During the period from October 24 to 28, this whale increased their short positions multiple times and currently holds 1,231.98 BTC short contracts, valued at $124 million, with an average opening price of $111,499.3.
- 00:29Elixir announces the termination of deUSD synthetic stablecoin and promises 100% redemptionChainCatcher reported that the Elixir protocol has announced the termination of its deUSD synthetic stablecoin, a move triggered by a chain reaction following Stream Finance's suspension of withdrawals earlier this week. Stream Finance encountered difficulties after an external fund manager disclosed a loss of $93 million and currently owes Elixir over $68 million. Elixir has processed about 80% of deUSD holders' redemption requests and has taken a snapshot of the remaining holders, promising to fully redeem them with USDC at a 1:1 ratio. Currently, Stream Finance holds about 90% of the deUSD supply (approximately $75 million). Elixir is working with decentralized lending platforms such as Euler, Morpho, and Compound to liquidate Stream's positions and allocate funds to deUSD holders.