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Bitget CEO: If the Federal Reserve pauses its balance sheet reduction in December and starts a rate-cutting cycle, Bitcoin may see a new all-time high

3 hours ago

November 11th - In a recent article published by Forbes, Bitget CEO Gracy Chen's latest views on ETF inflows and the impact of institutional funds were quoted. She pointed out that the current core driver of Bitcoin's price has shifted to the liquidity in the U.S. market rather than the capital from Europe, the Middle East, or Asia. Funds from these regions are more inclined to flow into the gold and stock markets, which also explains the strong performance of gold, AI-related U.S. stocks, and Chinese stock indexes this year. Gracy Chen believes that once the U.S. government ends the shutdown in November (as predicted by Polymarket to resume operations on the 14th), fiscal spending and market liquidity will restart; if the Fed pauses its balance sheet reduction in December and initiates a rate cut cycle, a new bull market for Bitcoin may officially begin. As early as January this year, Gracy Chen boldly predicted, "BTC is expected to break through $130,000 and further surge to $150,000 to $200,000." Although this target has not yet been achieved, she emphasized that once the government shutdown ends and the Fed turns accommodative, it is only a matter of time for Bitcoin to reach $150,000, whether it is in the fourth quarter of this year or the first quarter of next year. "I have personally fully loaded again and look forward to witnessing Bitcoin set a new all-time high."

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Japanese company Startale has launched a super app for the Sony Soneum blockchain ecosystem

On November 11th, Startale Group made an announcement about a partnership with Sony Blockchain Solutions Lab. They are set to launch the Startale App, which is a comprehensive super app designed to serve as an entry point to Sony's Ethereum Layer 2 network Soneum and its ecosystem. This app will act as a gateway for future token generation events, airdrops, and Soneum ecosystem rewards. According to the official announcement, multiple projects on the network plan to distribute airdrops, rewards, and exclusive experiences through this app. It is stated that the Startale app employs account abstraction technology, eliminating the need for mnemonics. This enables gasless transactions and simplifies wallet management to boost Soneum ecosystem activity. The app also supports mini-program functionality, allowing developers to build applications directly on the network without the need for independent websites. Currently, the app is in a closed testing phase, and the official launch date has

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The "Brotherhood" leverage position opened by Huang Lizheng reached a maximum drawdown of over 180%, causing most of the profit from his ETH holdings to be given back.

On November 11th, as per the monitoring of HyperInsight, Huang Licheng's 10-times leveraged long position in UNI, which was initiated this morning to follow the upward trend, is currently facing a floating loss of $530,000 (185%), with a position size of around $2.9 million and an average price of $9.73. The liquidation price is $7.7. In addition, the 25-times leveraged long position in ETH at the same address is currently showing a floating profit of $570,000 (70%), with a position size of approximately $20.28 million. The UNI long position opened today has largely offset the profit from the ETH long position, and the current principal has been reduced to $730,000.

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UNI has retraced around 20% from its daily high and is now trading at $8.246.

On November 11th, based on HTX market data, UNI has pulled back by approximately 20% from its intraday high of $10.3 and is currently trading at $8.246. Nevertheless, it is still up by 21.9% over the past 24 hours.

27 minutes ago

Binance: Users with a minimum of 220 points are eligible to claim 50 ALLO airdrop

On November 11th, as per official information, the trading of Allora (ALLO) on Binance Alpha is scheduled to commence on November 11, 2025, at 19:00 (UTC+8). Once the trading starts, users who hold at least 220 Binance Alpha Points will be eligible to claim a 50 ALLO token airdrop. It will be distributed on a first-come, first-served basis. In case the event is not completed within the stipulated time, the points threshold will automatically decrease by 5 points every five minutes. To claim the airdrop, 15 Binance Alpha Points will be deducted. Users must confirm the claim on the Alpha event page within 24 hours; otherwise, it will be regarded as a waiver of the airdrop.

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A certain whale deposited 500 BTC into Gate after holding for 4 months, causing a $6.85 million loss upon selling.

On November 11th, as monitored by Onchain Lens, a whale address deposited 500 BTC (valued at $52.8 million) into Gate after holding the coins for a period of 4 months. If these coins were sold, they would incur a loss of $6.85 million. The whale had initially withdrawn these tokens when their value was $59.4 million.

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Grvt announces the launch of the native protocol treasury Grvt Liquidity Provider (GLP) strategy

On November 11th, according to official information, Grvt has initiated a new yield mechanism known as the Grvt Liquidity Provider (GLP) strategy, which serves as its native protocol treasury. By employing professional quantitative market-making and risk hedging strategies, it offers users stable on-chain yields. Official data indicates that this strategy is jointly managed by LPs with more than 40 years of experience and a professional trading firm. After six months of live testing, the annualized return is approximately 48% with a Sharpe ratio of 7.6. The eligibility for GLP investment will be determined based on users' total historical trading volume. Investors can also receive weekly point rewards from a 15% Grvt Points reward pool according to the Total Value Locked (TVL).