Bitget Daily Digest (Nov 14)｜Czech Central Bank Becomes First to Buy Bitcoin; White House Warns of 1.5% Q4 GDP Hit; Monad Mainnet and MON Token Launch Set for Nov 24

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Bitget2025/11/14 03:14

By:Bitget

Today's Outlook

1、Luxembourg’s Finance Minister says the country’s national fund will allocate assets exclusively to Bitcoin.

2、21Shares launches two cryptocurrency index funds, offering exposure to multiple tokens including Bitcoin and Dogecoin.

3、Solana-based financial firm Upexi announces its board has approved a $50 million stock buyback plan.

4、The Monad mainnet and MON token will launch on November 24, with Anchorage Digital serving as the custodian.

Macro & Hot Topics

1、Fed's Harker: Monetary policy still needs to remain tight to curb inflation.

2、White House National Economic Council Director Hassett: Q4 GDP is expected to decline by 1.5% due to the government shutdown.

3、Czech National Bank: Direct purchases of digital assets/Bitcoin comply with the National Bank Act, making it the first central bank to purchase Bitcoin.

Market Performance

1、BTC fell about 3.5%, ETH fell about 5.2%. Market sentiment turned fearful in the short term, with liquidations reaching $755 million in the past 24 hours, including $601 million in long positions.

2、S&P 500 rose 0.17%; Dow Jones rose 0.11%; Nasdaq rose 0.18%.

Bitget Daily Digest (Nov 14)｜Czech Central Bank Becomes First to Buy Bitcoin; White House Warns of 1.5% Q4 GDP Hit; Monad Mainnet and MON Token Launch Set for Nov 24 image 0

3、The Bitget BTC/USDT liquidation map shows the current price at 99,458. Long positions have been wiped out and short positions are heavily concentrated above—breaking above 100k is more likely to trigger a cascading short squeeze, pushing the price higher.

4、In the past 24 hours, BTC spot inflows totaled $432 million, outflows totaled $568 million, resulting in a net outflow of $136 million.

5、In the past 24 hours, BTC, ETH, USDT, XRP, BNB, and other tokens saw leading net outflows in derivatives trading, potentially indicating trading opportunities.

News Updates

1、Aztec launches the sale of its $AZTEC token, with an initial total supply of 10.35 billion tokens.

2、Sources: xAI raises $15 billion in its Series E funding round.

3、Circle announces the launch of the StableFX on-chain forex engine and a multi-currency stablecoin partnership program on its Arc blockchain.

4、Grayscale Investments has submitted an IPO application to regulators.

5、Bloomberg: France fully lifts the travel ban on the CEO of Telegram.

Project Developments

1、Magic Eden announces that 30% of its secondary market revenue will be used for ME token and NFT buybacks—15% allocated to on-chain ME token buybacks, and another 15% for NFT buybacks, prioritizing Solana-based NFT collections.

2、Cosmos ecosystem liquid staking protocol Drop Protocol announces an orderly shutdown and cancels its TGE and airdrop.

3、Stable: Mainnet is about to launch. In the Stable network, USDT serves as the native gas token to ensure predictable transaction fees under all network conditions, eliminating volatility in payment processes and enabling reliable settlement and everyday payments.

4、Babylon completes its mainnet upgrade: BABY’s annual inflation rate lowered to 5.5%, introducing a shared staking mechanism.

5、Canary’s spot XRP ETF records $58 million in first-day trading volume, surpassing Bitwise’s Solana ETF.

6、The dYdX community votes to immediately increase the $DYDX token buyback ratio from 25% to 75% of protocol fees.

7、Uniswap achieves a record $116.6 billion in monthly trading volume in October.

8、Robinhood adds support for trading AVNT, the token of the Base-chain derivatives protocol.

9、OpenAI: GPT-5.1 has begun full rollout to all ChatGPT users this week.

10、Ripple has spent nearly $4 billion on acquisitions this year as it accelerates integration between blockchain technology and traditional finance.

Disclaimer: This report is generated by AI, with humans performing only information verification. It does not constitute any investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.