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Bitget has launched the U-based BEAT perpetual contract, with leverage ranging from 1 to 25x.

2 hours ago

On November 12th, as per an official announcement, Bitget has made the announcement of the launch of U-Index-based BEAT perpetual contracts, with the leverage ranging from 1 to 25. The contract trading BOT will also be made available simultaneously.
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A whale went 25x long on ETH with a position size of $37 million.

On November 12th, as per the monitoring of Onchain Lens, a newly established wallet transferred 8 million USDC into HyperLiquid and initiated a 25x leveraged long position in ETH. The position volume is 10,695 ETH, with a value of 37 million US dollars. The entry price is $3,498 and the liquidation price is $2,808.

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Spot Gold Breaks $4150/Ounce, Up 0.58% Intraday

On November 12th, according to market data, the spot gold price increased by more than $15 in a short period and broke through $4150 per ounce, with an intraday gain of 0.58%.

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SoFi Stock Price Surges Past $32 to Reach an All-Time High, Crypto Business Making Rapid Progress

On November 12th, based on market data, the stock price of the U.S.-based fintech company SoFi Technologies (SOFI) exceeded $32 and reached a record high. The intraday increase is currently 4.2%, with a market capitalization of $38.89 billion and a trading volume of $1.021 billion. Originally concentrating on student loan refinancing, SoFi has expanded into today's comprehensive digital financial services platform. In the third quarter, its fee revenue surged to achieve a new performance peak. SoFi CEO Anthony Noto stated at the end of last month that SoFi is expected to launch crypto trading this year, and "the SoFi stablecoin will be launched in the first half of 2026." In yesterday's news, SoFi became the first U.S. nationally chartered bank to provide Bitcoin and cryptocurrency trading.

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OOB Market Cap Briefly Surpasses $560 Million, with a 342% 24h Growth

On November 12th, based on GMGN data, the token of the crypto payment company Oobit, OOB, briefly reached above $0.8 and is currently trading at $0.56. It has a current market capitalization of $5.6 billion, a 24-hour trading volume of $11.1 million, and a 24-hour price increase of 342%. Earlier today, the Malaysian tech consultancy firm VCI Global announced its intention to acquire the OOB token, which is valued at $1 billion. OOB is the utility token of the crypto payment company Oobit supported by Tether. According to the transaction structure, VCI Global acquired $50 million worth of OOB tokens by issuing restricted shares to the OOB Foundation. The company stated on Tuesday that it plans to repurchase $50 million worth of tokens on the secondary market after the token's public issuance. VCI Global indicated that after the transaction is completed, Tether will become its largest shareholder. BlockBeats reminds

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RWA Platform Centrifuge Releases Tokenization Platform Centrifuge Whitelabel

On November 12th, as per CoinDesk, the RWA institution Centrifuge has launched a tokenization platform known as Centrifuge Whitelabel. This platform is designed to assist institutions, fintech companies, and DeFi applications in creating tokenized financial products more effectively. It offers modular infrastructure and supports the tokenization of a wide range of assets, from private credit to energy infrastructure. The decentralized energy startup Daylight is the first partner to utilize this platform and will establish a tokenized treasury of energy assets through it.

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Anthropic: to invest $50 billion in building a data center in the U.S.

On November 12th, the Google-backed AI startup Anthropic announced that it plans to invest $50 billion to construct a data center within the United States. (Golden Ten)

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