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Bitcoin News Today: While miners in the United States are spending heavily, Asian markets are accumulating more Bitcoin
Bitcoin News Today: While miners in the United States are spending heavily, Asian markets are accumulating more Bitcoin

- Asian institutions and corporations are aggressively accumulating Bitcoin , contrasting U.S. miners' cash-burning operations as Japan's Metaplanet raises $150M (4.9% dividend) to expand its 30,823 BTC treasury. - South Korea and Southeast Asia emerge as Bitcoin adoption hubs, with tech/gaming sectors driving crypto integration while U.S. firms like American Bitcoin report $43M Q3 cash outflows amid declining profitability. - Asian investors adopt hedging strategies (e.g., Metaplanet's $12M options genera

Bitget-RWA·2025/11/21 05:22
CFTC Faces $4 Trillion Crypto Task: Selig Tapped to Steer Expansion
CFTC Faces $4 Trillion Crypto Task: Selig Tapped to Steer Expansion

- Michael Selig's CFTC nomination advanced to Senate floor after bipartisan committee approval, signaling a pivotal shift in crypto regulation. - A former SEC crypto task force member with industry ties, Selig advocates for innovation-friendly rules to prevent U.S. crypto firms from relocating overseas. - The CFTC faces staffing shortages and four vacant commissioner seats, raising concerns about its capacity to regulate the $4 trillion crypto market post-FTX collapse. - Pending legislation aims to expand

Bitget-RWA·2025/11/21 05:22
Ethereum News Update: Ethereum's Decline Deepens as '66kETHBorrow' Switches Short Position with $163 Million Purchase
Ethereum News Update: Ethereum's Decline Deepens as '66kETHBorrow' Switches Short Position with $163 Million Purchase

- Ethereum fell below $2,800 on Nov. 20, 2025, driven by corporate treasury sales and whale trading activity. - BitMine, Tom Lee's fund, holds 2.9% of ETH supply ($11.8B total crypto assets), while whale "66kETHBorrow" faces $200M losses from $163M ETH purchase. - Ethereum ETFs saw $262M outflows for 8th consecutive day, with technical indicators showing bearish momentum below key moving averages. - Upcoming 2025 upgrades (Pectra, Fusaka) aim to improve scalability but may not counter immediate selling pre

Bitget-RWA·2025/11/21 05:22
ALGO Falls 12.22% Over the Past Week as Market Fluctuations and Forthcoming Economic Reports Loom
ALGO Falls 12.22% Over the Past Week as Market Fluctuations and Forthcoming Economic Reports Loom

- ALGO dropped 12.22% in 7 days amid global market volatility linked to key economic data and inflation reports. - Fed's cautious stance on rate cuts and upcoming PMI releases on Nov 21, 2025, heighten uncertainty for crypto and traditional markets. - No direct Algorand-related news drove ALGO's decline; analysts attribute its 57.07% annual drop to macroeconomic trends and risk appetite shifts. - Upcoming inflation data and earnings reports from major firms will shape investor sentiment and potential polic

Bitget-RWA·2025/11/21 05:20
YFI Increases by 0.58% Following Edgewater Wireless's Announcement to Join Canadian Semiconductor Symposium
YFI Increases by 0.58% Following Edgewater Wireless's Announcement to Join Canadian Semiconductor Symposium

- YFI rose 0.58% in 24 hours despite a 47.7% annual decline, coinciding with Edgewater Wireless's announcement to attend Canada’s Semiconductor Symposium 2025. - Edgewater, developer of AI-powered Wi-Fi Spectrum Slicing™, secured a $921,000 grant to advance its multi-link Wi-Fi silicon platform under Canada’s $223M SRF initiative. - The company will showcase its patented technology at the event, emphasizing ultra-low latency, high-density connectivity, and alignment with Wi-Fi 8 and AI-edge computing trend

Bitget-RWA·2025/11/21 05:20
Ethereum News Update: Ethereum Challenges $2,800 Support Level—Is This a Liquidity Rebalance or the Start of a Longer Decline?
Ethereum News Update: Ethereum Challenges $2,800 Support Level—Is This a Liquidity Rebalance or the Start of a Longer Decline?

- Ethereum stabilizes near $2,800 support, with analysts suggesting potential bottoming after recent volatility. - Market turbulence sees ETH under $2,900, but record staking activity and institutional buying highlight resilience. - On-chain liquidity patterns mirror past reversals, though delayed recovery risks prolonged stagnation. - Extreme fear index (15/100) and $1B+ liquidations signal bearish control, yet key support holds for potential rebound.

Bitget-RWA·2025/11/21 05:08
Ethereum News Update: Ethereum Challenges $3K Support Level as Bears Target $2.5K and Bulls Strive for a Comeback
Ethereum News Update: Ethereum Challenges $3K Support Level as Bears Target $2.5K and Bulls Strive for a Comeback

- Ethereum fell below $3,000 for first time since July 2024, with spot ETFs recording $74.22M outflow over six days. - Technical indicators show oversold RSI (33.8), 12/0 sell/buy signals, and broken Fibonacci levels triggering automated selling. - Bitcoin's 58.1% dominance siphons capital from altcoins while Ethereum's 0.89 MVRV ratio signals loss-making holder capitulation. - Price tests $2,770 support with $2,500 next target if broken, amid extreme Fear & Greed Index (11) and 18.18% weekly Altcoin Seaso

Bitget-RWA·2025/11/21 05:08
XRP Flashes a Bottoming Signal; Yet the Price Recovery Looks Delayed
XRP Flashes a Bottoming Signal; Yet the Price Recovery Looks Delayed

The XRP price trades near $1.90, down about 9% over the past 24 hours and extending its 30-day decline to around 19%. A few bottoming signals have appeared, especially from short-term holders. But the XRP price still looks far from a recovery. This piece explains why the bounce has not happened yet. Short-Term Capitulation Has

BeInCrypto·2025/11/21 05:00
Flash
15:57
The probability of the Fed keeping interest rates unchanged in June is currently reported to be 97.4%.
BlockBeats News, June 13th, according to CME's "FedWatch" data, the probability of the Fed maintaining the interest rate in June is currently at 97.4%, with a 2.6% probability of a 25 basis point rate cut.
15:35
In the past 24 hours, there has been a total of $120 million in liquidations across the entire network, triggering a long and short squeeze.
BlockBeats News, June 13th, according to Coinglass data, the entire network liquidated $120 million in the past 24 hours, with $71.35 million in long liquidations and $48.36 million in short liquidations.
15:11
Analyst: US Bond Yield Rises to Highest Level Since Bitcoin's Inception, Potentially Suppressing Risk Asset Performance
BlockBeats News, June 13th - Cryptocurrency analyst Darkfost posted on social media, stating that Bitcoin is currently facing one of the most challenging US Treasury yield environments since its inception. Although historically the US Federal Reserve rate and the US Dollar Index have reached higher levels, the current long-term US bond yield remains elevated, with the 30-year and 10-year bond yields fluctuating in the range of 4.5% to 5%. Coupled with the market's increasing expectations of another interest rate hike later this year, this has led to a high funding cost and a tightening liquidity environment. Analysts believe that in this high-yield environment, investors are more inclined to allocate to low-risk fixed-income assets, thereby weakening the attractiveness of risk assets including Bitcoin. Historical experience shows that rising bond yields often coincide with tightening financial conditions, putting pressure on Bitcoin's price trend. The current market is at a key inflection point, where the risk premium provided by risk assets compared to long-term bonds is being compressed. However, if the future macroeconomic outlook becomes clearer, investors regain confidence in the bond market, funds flow into bonds pushing yields lower, and the risk premium expands again, thereby improving the investment environment for risk assets like Bitcoin. The market generally believes that this process may take several months, and the evolution path will largely depend on US government policies and the overall economic situation.
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