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Bitcoin Sees Worst January in Nearly Three Years: ETF Records $3.7 Billion Outflow in a Single Month

5 hours ago

On November 26th, as per Forbes, the publicly traded Bitcoin spot ETF witnessed outflows of $3.7 billion during November, exceeding the record of $3.6 billion set in February of this year. Bitcoin, serving as a barometer of the crypto market, has dropped more than 35% from its peak of $126,000 on October 12th and reached a low of $80,000 on November 21st, which is the lowest level since April. The entire crypto market has undergone a sharp decline since October, with the rate of decline approaching that during the FTX crash (2022) period. Ethereum-related ETFs also saw outflows of over $1.6 billion in November. Last week, the total global crypto asset market capitalization fell below $3 trillion for the first time since April.
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「Pumpkin」's Ethereum and HYPE Long Position Faces Unrealized Loss of Over $110,000

On November 26th, as monitored by Hyperinsight, in the "buddy" Huang Licheng's address, the long positions of Ethereum and HYPE are facing a total unrealized loss of more than $110,000. This includes: The long position of Ethereum has a holding of 4550 ETH, with an opening price of $2883.4 and a liquidation price of $2767.3. The long position of HYPE has a holding of 102,888.88 ETH, with an opening price of $32.4973 and a liquidation price of $27.091.

2 hours ago

Ethereum Drops Below $2900

On November 26th, based on HTX market data, Ethereum fell below $2,900, experiencing a 24-hour decline of 3.00%.

2 hours ago

Bitcoin Drops Below $87,000

On November 26th, according to HTX market data, Bitcoin fell below $87,000 and is currently trading at $86,572, with a 24-hour decrease of 2.47%.

2 hours ago

The Federal Reserve Chair Selection process is nearing its end, with Hasset reportedly emerging as the top choice.

On November 26th, according to those with insider knowledge, as the process of selecting the new Federal Reserve Chair is coming down to the wire, Kevin Hassett, the director of the White House National Economic Council, is regarded as the top candidate for the next Fed Chair in the eyes of President Trump's advisors and allies. It is indicated that if Hassett were to be appointed, Trump would be able to place a close ally whom he is familiar with and trusts at the Fed. Some people also suggest that Hassett is seen as someone who can bring Trump's rate-cutting ideas into the Fed, which is the direction that Trump has long been hoping to lead towards. However, they also point out that Trump is known for making unexpected personnel and policy decisions, so nothing is definite until it is officially announced. Hassett is considered to be highly in line with Trump on economic viewpoints, including the belief that rates need to be cut. In a Fox News interview on November 20th, he stated tha

2 hours ago

If Ethereum breaks $3,000, the mainstream CEX total short liquidation volume will reach $794 million

On November 26th, based on Coinglass data, if Ethereum breaks through $3000, the cumulative short liquidation intensity on mainstream CEXs will reach $794 million. Conversely, if Ethereum falls below $2850, the cumulative long liquidation intensity on mainstream CEXs will reach $426 million. BlockBeats Note: The liquidation chart does not display the precise number of contracts awaiting liquidation or the exact value of contracts that have been liquidated. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster in relation to neighboring clusters, that is, intensity. Therefore, the liquidation chart shows to what degree 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 due to a liquidity avalanche once it reaches that level.

2 hours ago

Bitcoin Surges Above $88,000

On November 26th, according to HTX market data, Bitcoin has seen a rebound and exceeded $88,000, with a 24-hour increase of 0.15%.

2 hours ago