MGBX is launching the "Seven-Day Profit Bonus" limited-time event, with a total reward of 9,000 USDT.
On November 19th, the MGBX platform announced that it will launch a "Seven-Day Profit Bonus" limited-time event from November 20th to November 26th, 2025 (SGT), which is open to all users. During this event, users participating in contract trading can share a total of 9,000 USDT in rewards.
Among them, a $6,000 USDT profit bonus will be distributed according to the order of closing positions. Eligible orders will receive an additional 5% profit bonus. In addition, a $3,000 USDT trading enthusiasm reward will be allocated based on users' cumulative trading volume rankings.
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Michael Saylor: Bitcoin Volatility Has Dropped to Around 50%, Long-Term Performance May Outpace the S&P 500 by 1.5x
On November 19th, as per Cointelegraph, Michael Saylor, the founder of Strategy, is not worried about the potential impact of Wall Street's entry into the Bitcoin market on price and volatility.
During an interview on Tuesday, Michael Saylor stated, "I believe that Bitcoin's volatility has significantly decreased." He pointed out that when he began purchasing Bitcoin for Strategy in 2020, the annualized volatility was approximately 80%. Since then, Bitcoin's volatility has been on a downward trend and is currently around 50%.
He mentioned that Bitcoin's volatility may further decline by about 5 percentage points every few years. As the asset matures, Bitcoin's volatility will approach 1.5 times that of the S&P 500 index, while also "outperforming the S&P 500 by 1.5 times."
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Ethereum Falls Below $3,000
On November 19th, according to HTX market data, Ethereum fell below $3,000, experiencing a 24-hour loss of 0.2%.
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OpenSea: Wave 2 Phase Reward Distributed, Wave 3 Phase Now Live
On November 19th, OpenSea announced in a post on the X platform that the rewards of Wave 2 phase have been distributed. Some participants may receive NFT and token rewards, while active users will obtain rewards like upgraded loot boxes. And the Wave 3 phase is currently live.
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If Bitcoin falls below $90,000, the mainstream CEX long liquidation pressure will reach $738 million.
On November 19th, according to Coinglass data, if Bitcoin drops below $90,000, the cumulative intensity of long liquidation on mainstream CEXs will reach 738 million.
Conversely, if Bitcoin breaks through $92,000, the cumulative intensity of short liquidation on mainstream CEXs will reach 179 million.
BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring clusters, that is, intensity.
Therefore, the liquidation chart shows to what extent the target price will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense response once it reaches that level due to a surge in liquidity.
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The $1 Billion Ethereum Treasury Plan Led by Li Lin and Xiao Feng Has Been Suspended
On November 19th, according to Wu Said's report, the $1 billion Ethereum Treasury Plan led by Li Lin with Xiao Feng, Shen Bo, Cai Wensheng, and others has been put on hold, and the funds raised have been returned. This plan was the largest-scale DAT led by Asian investors. Insiders speculate that the main reason for the shelving is the bearish market trend after the 1011 incident, with the stock prices of many DAT companies experiencing significant declines recently. Regarding whether the plan will be restarted, relevant parties stated that investor interests will be given priority, and the current situation still requires market observation and corresponding actions.
It is reported that the current mainstream Ethereum Treasury (DAT) companies' mNAV has fallen below 1, with Bitmine dropping to 0.86 and SharpLink dropping to 0.85.
Previously, according to Bloomberg, Li Lin was collaborating with Shen Bo, Xiao Feng, and Meitu founder Cai Wensheng, as well as other early Asian Ethereum
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