Bitcoin Hits $93,000, Intraday Gain Reaches 3.46%

On November 20th, according to Google Search, a user has employed sponsored advertising to position the official website address of Hyperliquid along with their referral code link at the top of the search results for "Hyperliquid" on Google. The likely intention is to attract new users through Google Search in order to receive referral rewards. BlockBeats cautions users to be vigilant against phishing links and fake websites when searching for the official websites of related projects on search engines so as to safeguard the security of their assets.

On November 20th, as per an official announcement, the Singapore-based AI-native fintech company RockFlow declared the completion of a new multi-million-dollar funding round. This round was led by Ant Group and saw the participation of Monolith Growth Ventures, Blue Ocean Ventures, Forwest Capital, and Evergreen. RockFlow's globally pioneering financial trading AI Agent—Bobby—is at the forefront of transforming AI in the financial sector from an "assistant tool" to a "decision-making core." Bobby has the ability to understand user investment intentions through natural language processing and autonomously carry out end-to-end tasks, ranging from data analysis to real-time trading.

On November 20th, a survey conducted by the crypto infrastructure company Zerohash revealed that 35% of high-income investors in the United States aged between 18 and 40 switched institutions as their advisors did not provide cryptocurrency assets. The majority of these investors transferred between $250,000 and $1 million. This proportion reached half among those with incomes exceeding $500,000. Furthermore, 84% of the respondents planned to increase their holdings of cryptocurrency next year, and 92% hoped for a more diverse selection of tokens. Zerohash stated that cryptocurrency has become a standard modern asset allocation, and advisors who do not offer compliant and insured crypto services will face customer attrition. (Cointelegraph)

On November 20th, as monitored by Onchain Lens, a long ETH position on the second-largest loss address on HyperLiquid was partially liquidated during the market downturn this morning. This led to a loss of $4.07 million for its ETH (6x) leverage position. This whale still holds its position and is currently facing an unrealized loss of more than $6 million.

On November 20th, Li Huayi, the founder of Liquid Capital (formerly LD Capital), posted on social media, stating: "After the release of Nvidia's financial report and Google's Gemini3, the short-term risk of the US stock market and the AI bubble has been mitigated. I still anticipate the start of liquidity injection in December. Coupled with the continuous bullish news in the crypto industry, central banks of countries such as the Czech Republic and Luxembourg have begun to make purchases, and Japan's Financial Services Agency has reduced the cryptocurrency tax from 50% to 20%." "In the next 5 years, Bitcoin will reach one million US dollars. Ethereum will expand by more than ten times with the expansion of stablecoins. And continuous optimism will be maintained with the large-scale deployment of financial applications. The most fearful moment is often the most optimistic. At the same time, spot strategies control risks, and the greater the storm, the higher the price of fish."

On November 20th, the co-founder of Bankless, @RyanSAdams, presented a clip of his interview with Vitalik on X. During the interview, the host asked, "How do you perceive Ethereum's connection with Wall Street?" Vitalik responded by saying, "Regarding Wall Street, I consider them as users. In Ethereum, we are 'pro-users.'" Yesterday, in a speech, Vitalik issued a warning, stating that if institutional ETH holdings continue to increase, Ethereum will face two significant threats (developer outflow and pressured technical roadmap).