Today’s Outlook
1、Strategy spent $980.3 million last week to add 10,645 BTC, while Bitmine increased its ETH holdings by 102,259 ETH worth $321 million. Strategy’s Bitcoin position currently has an unrealized gain of $9.618 billion, while Bitmine’s
Ethereum position shows an unrealized loss of $3.019 billion. Bitmine now holds over 3.2% of the total ETH supply, with total assets reaching $13.3 billion.
2、The U.S. Senate has postponed consideration of the crypto market structure bill until next year.
3、The New York Times: The U.S. SEC has dropped 60% of the crypto cases inherited from the Biden era, most of which involved business ties with the Trump family.
Macro Hot Topics
1、Fed President John Williams said that cooling labor market conditions and easing inflation risks supported the Fed’s decision to cut rates last week.
2、According to sources cited by Jin10, White House National Economic Council Director Kevin Hassett was once seen by markets as an almost certain candidate for Fed chair, but is now facing opposition from several senior figures closely aligned with Trump.
3、Global listed companies net purchased $980 million worth of BTC last week, with Strategy buying 10,645 BTC.
Market Overview
1、Over the past 24 hours, total crypto market liquidations reached $594 million, including $508 million in long liquidations. BTC liquidations totaled $179 million, while ETH liquidations reached $193 million.
2、U.S. equities: Dow Jones -0.09%, SP 500 -0.16%, Nasdaq Composite -0.59%. Nvidia (NVDA) +0.73%, Circle (CRCL) -9.6%, Strategy (MSTR) -8.14%.
3、The Bitget
BTC/USDT liquidation heatmap shows BTC trading around 85,998. Long liquidations below the 85k level have largely been cleared, while short liquidation leverage is rapidly accumulating in the 87k–92k range, indicating clear short-squeeze potential. If price breaks above and holds 87k, cascading short liquidations could accelerate the upside; if it falls back below 85k, short-term momentum would weaken significantly.
4、In the past 24 hours, BTC spot inflows were about $127 million, outflows about $149 million, resulting in a net outflow of $22 million.
News Updates
1、Grayscale report: Quantum computing is unlikely to have an impact on
crypto prices by 2026.
2、Citizens: Revenue from prediction markets could grow fivefold by 2030, exceeding $10 billion.
3、Nasdaq plans to submit filings to the U.S. SEC on Monday to launch 24/7 stock trading services.
4、Japan’s Startale and SBI will launch a regulated yen-denominated stablecoin.
Project Developments
1、The Avalanche Foundation has established a distributed ledger technology entity in Abu Dhabi.
2、
Ripple’s stablecoin RLUSD has expanded to L2 networks, adopting Wormhole’s NTT standard.
3、a16z crypto transferred 276,000 COMP to Coinbase Prime.
4、Circle will acquire the team and intellectual property of Interop Labs, while Axelar will remain independently operated.
5、MetaMask has added native Bitcoin support, continuing its push toward multi-chain expansion.
6、The Block: Bitcoin network activity has fallen to its lowest level in 12 months, with the 7-day moving average of active addresses dropping to 660,000. While seasonal slowdown is expected, multiple network indicators are showing signs of weakness.
7、CME has launched spot-priced
XRP and SOL futures contracts.
8、Bittensor has completed its first halving, reducing TAO daily issuance to 3,600 tokens.
10、Ondo Finance plans to launch its tokenized stocks and ETF platform on Solana in early 2026.
Disclaimer: This report is generated by AI and manually verified for information accuracy only. It does not constitute any investment advice.
