Author: Bitget
Today's Outlook
1. Zhito Finance Report: The U.S. House of Representatives is brewing a tax safe harbor for stablecoin and crypto asset staking, and clarifying the tax system standards.
2. Michael Saylor: If Strategy holds 5% of the total BTC, Bitcoin could rise to 1 million dollars. Yesterday, Michael Saylor released Bitcoin Tracker information again, and this week may disclose additional holding data.
3. Spot gold breaks 4350 dollars/ounce, up 0.26% for the day; spot silver rises to 67.5 dollars/ounce, setting a new historical high.
Macro & Hot Topics
1. Hassett: The three-month average of the current core inflation rate is 1.6%, and Trump is seeking data-driven candidates among the nominees for Federal Reserve Chairman.
2. Cathie Wood: Inflation rate may drop to 0% in 2026, making it a 'just right year.'
3. Federal Reserve's Hamark: There is no need to adjust interest rates after consecutive rate cuts, at least until spring.
Market trend
1. In the past 24 hours, the cryptocurrency market experienced a total liquidation of $181 million, with $108 million in short liquidations. BTC liquidation amount is $45 million, and ETH liquidation amount is $41 million.
2. The three major U.S. stock indexes showed mixed results, with the Dow up 0.38%, the S&P 500 up 0.88%, and the Nasdaq Composite up 1.31%. In addition, Nvidia (NVDA) rose 3.93%, Circle (CRCL) rose 6.35%, and MicroStrategy (MSTR) rose 4.16%.
3. Bitget BTC/USDT liquidation map shows: Near the current price level (≈88.6k) is a battleground for bulls and bears: the 89k–90k range has a dense accumulation of 50x–100x long liquidations; if a volume breakout occurs, it could trigger a short squeeze and accelerate upward movement. However, the 84k–86k range has weak short liquidations and support; the bullish position is crowded, and if the price fails to rise and falls back, one must be wary of rapid retracement and hunting of long positions after false breakouts.
4. In the past 24 hours, BTC spot inflow was about $255 million, outflow was about $245 million, with a net inflow of $10 million.
News dynamics
1. Maple Finance co-founder Sidney Powell: Traditional DeFi has 'died', and the truly decisive factor in the future will be on-chain capital markets. As institutions gradually move trading, clearing, and settlement onto the blockchain, the traditional reliance on Wall Street intermediaries and infrastructure will be increasingly squeezed, and the on-chain market will consume Wall Street.
2. Casa co-founder: Quantum computing poses long-term risks to Bitcoin, and transformation may take 5 to 10 years.
3. Report: Cryptocurrency activity in Brazil will grow by 43% in 2025, with users' average investment exceeding $1,000.
Project progress
1. Ethereum Community Foundation: Address truncation display should be stopped to avoid USDT phishing attacks.
2. This week, tokens H, XPL, SOON, etc., will see large unlocks, with H unlocking worth approximately $14.8 million.
3. Bitcoin treasury company BTCS S.A. collaborates with QCP and increases its Bitcoin holdings to 137 pieces.
4. 10x Research: BTC mining companies and crypto firms performed poorly this week, and the market has yet to reverse its sluggish trend.
5. Cointelegraph reports that the relative strength index (RSI) of Bitcoin is near a three-year low, and the market is at a critical moment of success or failure.
6. Analyst Murphy analyzed on platform X that on-chain data observed signs of emotional recovery. The red area in the image below indicates the number of addresses that changed from 'holding BTC' to 'fully liquidating' in the past 30 days.
7. Ethereum Foundation: Development focus is shifting to security, with plans to implement 128-bit security standards next year.
8. PANews cites Onchain Lens data, a giant whale sold 230,000 AAVE in the past, triggering a price drop of about 10%.
9. BNB Chain: BSCScan API is now discontinued, and Etherscan API V2 should be used instead.
10. F2Pool co-founder Wang Chun lost 490 bitcoins after testing private key security by transferring 500 bitcoins to a suspicious address.
Disclaimer: This report is generated by AI, and manual verification is for information only, not for any investment advice.
