Pre-market Crypto Stock Movement in US Stock Market: COIN Down by 1.12%

On November 18th, based on HTX market data, Bitcoin fell below $91,000, with a 24-hour decline of 3.37%.

On November 18th, Cloudflare announced in a post that the root cause of the outage has been determined and a fix is being put into practice. Previously, Cloudflare had noted on its website that the company was looking into an issue which "might be affecting multiple customers." The incident page showed that even Cloudflare's customer support portal had run into problems, and the company had earlier planned for maintenance in some regions on the same day. At one time, even Cloudflare's own status site was not accessible. Cloudflare provides security software for hundreds of thousands of companies worldwide, and the company's systems have had several outages in the past.

On November 18th, according to a report in "Fortune", the Bitcoin mining firm Bitfury has announced the launch of an investment plan with a maximum amount of $1 billion. This plan is aimed at supporting "mission-driven" entrepreneurs, with a particular focus on investing in the fields of Ethical Tech and Artificial Intelligence (AI). The company plans to invest $200 million in the next year, and the remaining funds will be disbursed over the next few years. Bitfury plans to invest in areas such as AI, quantum computing, transparent decentralized systems, and self-sovereign identity, which enables individuals to have full control over their own data. Val Vavilov, the co-founder and CEO of Bitfury, stated that the company's strategic shift is based on the significant synergy between AI and decentralized systems, and believes that the future will be a combination of the two. Bitfury primarily generates profits through its Bitcoin mining business and has previously spun off two Nasdaq-li

On November 18th, in Bank of America's November Global Fund Manager Survey, 54% of the respondents considered that purchasing the "Seven Tech Superpowers" - Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla - was the most overcrowded trade at that moment. The bank indicated that "longing for the Seven Tech Superpowers" in November took the place of "longing for gold" as the most crowded trade. (FX678)

On November 18th, Tether made an announcement regarding a strategic investment in Ledn, a Bitcoin-backed loan provider. This investment is aimed at expanding the opportunities for Bitcoin-backed lending. Ledn's infrastructure encompasses advanced custody, risk management, and settlement systems, which ensure the security of customers' digital assets used for loans throughout the loan period. Given that the Bitcoin-backed lending market may be on the verge of entering a significant growth phase, Ledn is well-positioned to enhance credit accessibility in both the retail and institutional markets. Since its establishment, Ledn has provided over $2.8 billion in Bitcoin-backed loans. In 2025 alone, the amount issued is expected to exceed $1 billion, marking the company's most robust annual performance to date. Just in the third quarter of 2025, Ledn disbursed $392 million in loans, which is nearly on par with the total for the entire year of 2024. Currently, the company reports an Annual R

On November 18th, the publicly traded Canadian company Matador Technologies Inc. provided an update on its core strategic pillars. It has been less than a year since completing a Qualifying Transaction (QT). During this period, Matador's Bitcoin holdings in its treasury have witnessed a significant increase. At the time of QT, it held about 20 bitcoins (and equivalent assets). As of November 18, 2025, the company now holds approximately 175 bitcoins (and equivalent assets), indicating a growth of 767%.