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1Bitget Daily Digest (Dec. 11)|The Federal Reserve announced a 25 bps cut to the benchmark rate; Bitmine purchased 33,504 ETH; CBOE has approved the listing and registration of the 21Shares XRP ETF2Conflicted Fed cuts rates but Bitcoin’s ‘fragile range’ pins BTC under $100K3Full text of the Federal Reserve decision: 25 basis point rate cut, purchase of $4 billion in Treasury bills within 30 days

Chainlink Could Be Poised for a New Rally After Golden Cross and Record Whale Activity
Coinotag·2025/08/24 21:25

Bitcoin Whale’s $1.6B Move to Ethereum Could Signal Volatility and Liquidity Shifts
Coinotag·2025/08/24 21:25


Bitcoin Dominance Falls to 58% as Analysts Signal Potential Altseason 2025
Coinotag·2025/08/24 21:25


Cardano (ADA) Could Be Benefiting From Whale Accumulation and $1.2B Institutional Inflows
Coinotag·2025/08/24 21:25

Crypto Markets Heat Up: ZK Coin and Ethereum Surge in Interest
In Brief Bitcoin remains stable but faced slight weekend losses with AVAX also declining. ETH shows strong momentum, attracting interest with rising trades and peaks. ZK Coin, optimistic targets indicate potential with current low price appeal.
Cointurk·2025/08/24 21:00
Vancouver Explores Bitcoin Taxes, Reserves, and Pool Heating
Cryptonewsland·2025/08/24 21:00

Solana Holds Steady as Weekly Chart Points Toward $250 and $300 Higher Targets
Cryptonewsland·2025/08/24 21:00

XRP Maintains $3.01 Support While $5.42 Target Emerges Beyond Resistance
Cryptonewsland·2025/08/24 21:00
Flash
- 03:56Report: Outdated algorithm caused an additional $650 million loss on the Hyperliquid platformJinse Finance reported that it has been two months since the crypto market crash on October 10, during which $1.9 billion in positions were liquidated. Gauntlet CEO Tarun Chitra pointed out that the common Auto-Deleveraging (ADL) mechanism led to large-scale losses on Hyperliquid. In a lengthy article, Chitra stated that over $650 million was automatically deleveraged from profitable traders' positions. He noted that this amount is 28 times the potential bad debt faced by the relevant exchanges. This "massacre of innocents" could allegedly have been avoided with new ADL algorithms, which are detailed in a 95-page report. Chitra defines Auto-Deleveraging (ADL) as an "ultimate backstop"—a mechanism that compensates for bad debt from insolvent positions by "cutting the position value" of profitable traders. This "queue algorithm," which has been in use for a decade, is currently widely adopted by several perpetual contract platforms, including a certain exchange, Hyperliquid, and Lighter.
- 03:56A bullish whale has opened a new SEI long position worth $825,000, after making a $150,000 profit from the previous BTC short position.According to ChainCatcher, hyperbot data shows that the "Ironhead Bulls" whale opened a new SEI long position at 11:23. After multiple rounds of increasing the position, the current holding has reached 6,000,395 SEI, equivalent to approximately $825,000, and is currently at a slight loss. At present, this whale only holds the SEI long position. This whale's previous SUI long position ended 8 hours ago, lasting 19.5 hours and earning a profit of $26,800. The previous ETH long position ended 6 hours ago, lasting 1 hour and 10 minutes, with a loss of $43,000. The whale also closed a BTC short position 1 hour ago, making a profit of $150,000. The account's total profit in the past week is about $820,000, but there is an unrealized loss of $200,000 over the past month.
- 03:56Ondo Finance: The platform's stock token liquidity comes from Nasdaq and NYSE, not AMM pools, enabling near-zero slippage for large trades.ChainCatcher news, Ondo Finance officially posted on X that the liquidity source for its stock tokenization platform comes from the stock market, mainly from Nasdaq and the New York Stock Exchange, rather than AMM pools. This ensures that there is almost no slippage when executing large-scale trades. Each stock token is fully backed by custodial shares, adopting a reserve model similar to stablecoins.
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