MGBX is launching the "Seven-Day Profit Bonus" limited-time event, with a total reward of 9,000 USDT.

On November 19th, based on Coinglass data, if Ethereum breaks through $3200, the cumulative short liquidation intensity of mainstream CEX will amount to 890 million. Conversely, if Ethereum drops below $3000, the cumulative long liquidation intensity of mainstream CEX will reach 420 million. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts to be 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 reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will trigger a more pronounced reaction due to a liquidity cascade.

On November 19th, according to HTX market data, Bitcoin witnessed a short-term recovery and broke through $92,000. It is currently priced at $91,876, and the 24-hour decline has narrowed to 1.60%.

On November 19th, according to a report by Yonhap TV, the Korea Customs Service has initiated a special operation to combat illegal fund flows in transnational crimes. During the past 5 years, the scale of illegal "underground remittances" has reached 114 trillion Korean won, and approximately 83% of them were conducted through crypto assets. Recently, a group involved in illegal fund transfers using stablecoins (such as USDT) was arrested, and the amount involved totaled 920 billion Korean won. In addition, foreign currency smuggling has been on the rise. In the past 5 years, its scale has reached about 240 billion Korean won. The Korea Customs Service has established a 126-person team to enhance currency concealment inspections and crack down on illegal fund flows and money laundering activities.

On November 19th, the former US Secretary of Commerce, Raymondo, stated that the tariff policy implemented by Trump is likely to persist even after his term concludes. This is because politicians are concerned that once these protectionist barriers are removed, they will offend those who are worried about job outsourcing and the replacement of workers by AI. Raymondo further explained that regardless of which party is in power in the future, the political cost of repealing tariffs is extremely high. "Once tariffs are imposed, it is difficult to remove them. No one is willing to be accused of betraying American workers. Tariffs serve to protect American workers, and I believe this has become more politicized in the context of AI development." The CEO of Goldman Sachs, Waldren, agrees with this view and adds that the labor environment is expected to become more complex next year, which will further intensify this political sensitivity. (FXStreet)

On November 19th, Matrixport disclosed its daily Icon Observation, indicating that Strategy remains one of the most representative beneficiaries in this current Bitcoin bull market. The market has been worried that the company might be compelled to sell its Bitcoin holdings in the future to repay debts. Judging from the current asset-liability structure and debt maturity distribution, we reckon that the probability of "forced Bitcoin selling to repay debt" in the short term is relatively low and is not the primary source of risk at present. The most stressed ones currently are the investors who bought at a high premium. Most of Strategy's financing took place when the stock price was close to the $474 historical high and the Net Asset Value (NAV) per share reached its peak. As the NAV gradually decreases and the premium narrows, the stock price has also retreated from $474 to $207. As a result, the investors who entered in the high premium range earlier are facing significant paper lo

On November 19th, the Movement Foundation issued a statement on the X platform. It mentioned that after fulfilling the buyback commitment for four months, in order to enhance the transparency of the tokens in the buyback wallet, it intends to transfer a portion of the tokens from the MOVE Strategic Reserve on the Ethereum mainnet to the Strategic Reserve on the native Movement Network to provide support for ecosystem projects and incentive measures. The Movement also stated that it will continuously and regularly send ERC-20 tokens to exchanges to supplement and rebalance the token supply, thereby enabling the withdrawal functionality again.