Ding Ding's Top 10 Cryptocurrency News in 24 hours
1. BTC experienced a $1.1 billion liquidation storm, briefly dropping below $108,000, but stabilized after the non-farm (NFP) data and a large options expiry, returning to $110,000.
2. SOL ETF saw a total net inflow of $199 million in its first week (4 days), with significant capital rotation, but the SOL spot price fell 18% over the week, showing a 'sell the news' trend.
3. COIN's Q3 earnings report exceeded expectations! It earned $432 million and increased its holding by 2,772 BTC; MSTR's Q3 earnings report was similarly strong, with stock prices rising for both.
4. ETH welcomes significant good news! Developers have officially confirmed the 'Fusaka' hard fork will launch on December 3, which will introduce PeerDAS to enhance L2 scalability.
5. TradFi accelerates integration: JPMorgan executed its first blockchain fund transaction; Western Union (WU) applied for a trademark for the Solana-based stablecoin WUUSD.
6. Corporate adoption expands: American fast-food chain Steak 'n Shake announced it will transfer customer payments into BTC treasury reserves.
7. RWA narrative heats up! Securitize confirms a $1.25 billion SPAC listing plan; the Central Bank of Malaysia released a roadmap for RWA.
8. Tether's profits are expected to exceed $10 billion in 2025, with total USDT supply reaching a new high of $181.9 billion, indicating ample off-exchange funds.
9. Macro positives: The Fed cuts rates by 25 basis points and announces the end of QT in December; the U.S. Treasury Secretary praises BTC as 'never shutting down' during the government shutdown.
10. Despite a negative October, BTC enters the historically strongest November (average increase of 42.5%), with seasonal positives boosting market confidence.
Trend judgment: Neutral to bullish
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