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BONK has evolved from a holiday airdrop into one of the most influential native assets on Solana, demonstrating the power of community, a spirit of experimentation, and broad integration. Its fee-driven burn mechanism combined with strong cultural stickiness gives it a longer lifespan than most meme coins, while the adoption by traditional financial instruments marks a new chapter of legitimacy.
The recent weakness in the crypto market is mainly due to a slowdown in ETF fund inflows, deleveraging shocks, and insufficient liquidity, placing the market in a fragile correction phase amid macro risk-off sentiment.
With Bitcoin prices falling and mining difficulty and costs rising, many miners are approaching the breakeven point, forced to rely on coin hoarding and external financing to maintain operations.
This is how you survive at the current stage and gain an early advantage when the next real trend arrives.
Burnt has built the L1 blockchain XION on Cosmos, aiming to abstract away crypto complexity and overcome scalability limitations in adoption caused by cryptographic technologies.
41% are from Asia and 28% are from North America; regional labels are purely misleading.
- 01:17Yilihua: ETH returns to $3,000, extreme panic has passedJinse Finance reported that LiquidCapital (formerly LDCapital) founder Yi Lihua posted on social media: ETH has returned to 3000, the period of extreme panic has passed, and I remain optimistic about the subsequent market trend. In just seven months since April, we have experienced bottom-fishing, escaping the top, and bottom-fishing again. In the crypto world, one day feels like ten years in the real world. This is a highly volatile market that constantly tests the human weaknesses of greed and fear. It is a wonderful industry, but also a terrible one, full of faith and doubt, wisdom and ignorance, light and darkness, hope and despair.
- 01:12World Federation of Exchanges warns that SEC exemptions or weakened regulations for crypto tokens may undermine investor protectionBlockBeats News, November 27, according to Reuters, the World Federation of Exchanges (WFE) sent a letter to the US SEC this week, warning that granting regulatory "exemptions" to crypto companies to sell "tokenized stocks" may undermine investor protection and pose risks to market integrity. The WFE stated, "The SEC should avoid granting exemptions to companies seeking to circumvent regulatory principles that have protected the market for decades, and should ensure a level playing field and consistent rules for crypto platforms."
- 01:12Notice: U.S. stock markets will be closed today for Thanksgiving.BlockBeats News, November 27 — Due to the Thanksgiving holiday, major exchanges such as the New York Stock Exchange (NYSE) and certain other exchanges will be closed for the entire day, with no regular trading activity. The bond market will also be closed. Trading will resume on Friday (November 28, Black Friday), but only for a half-day session (from 9:30 a.m. to 1:00 p.m. Eastern Time).