Macroeconomist Lyn Alden stated that Bitcoin and the entire crypto market are unlikely to experience a significant crash, as the current market has not yet reached a state of frenzy. Furthermore, she believes that this cycle may last longer, driven mainly by macroeconomic factors and people's interest, rather than Halving.

ChainCatcher news, Bloomberg Intelligence's latest report points out that the recent fall of Bitcoin has broken through an important support level, seemingly indicating a weak performance for risk assets by the end of the year. This indicator currently shows a reverse relationship with the volatility of the S&P 500 index. However, there may be momentum growth in 2026, as the current market downturn may have bottomed out. With the adjustment of positions on Wall Street coming to an end, there will be significant room for a pump ahead.

Bitwise Chief Investment Officer Matt Hougan analyzed that the upcoming Fusaka upgrade of Ethereum will significantly enhance the token's value capture ability and introduce minimum fees for Layer 2, which could be an important factor for Ethereum to lead the market Rebound.

Bitwise CIO Matt Hougan pointed out that the world's perception of Crypto Assets is continuously evolving, expanding from the initial concept of "digital gold" to a composite notion of "digital gold," "stablecoin," and "tokenization." In the future, it will further include more applications such as prediction markets, Decentralized Finance, and digital identity.

BlockBeats news, on November 23, well-known Chinese encryption analyst Banmuxia posted on social media that the moment for Bitcoin's bullet to be loaded has arrived, with $80,500 basically confirming an important low point in this bear market, and it could even be the lowest point. However, this does not mean that the bear market has ended; this bear market has been running for more than 3 months and could continue for another 3-4 months, but it is a lateral bear market. (ps: this is just an analysis, specific trading should have a clear plan for entry and exit. However, spot can be steadily bought and held until the next bull run ends.)

Robbie Mitchnick, head of BlackRock's digital asset division, stated that clients do not focus on Bitcoin's use as a daily payment tool when investing; instead, investors view it more as "digital gold" or a store of value. He believes that achieving Bitcoin's payment utility requires further technological development and scaling.

Due to the different tax treatments of Crypto Assets and stocks in Japan, the Digital Asset Treasury (DAT) stocks have performed better than Bitcoin in Tokyo. However, if the Japanese tax authorities modify the taxation policy on Crypto Assets, the appeal of DAT may decline.

PANews, November 23 news, reported by The Block, Crypto Assets ATM operator Crypto Dispensers is evaluating a potential sale plan worth 100 million USD. Just a few days ago, the company's founder was charged with involvement in a 10 million USD Money Laundering scheme. The company mentioned in its statement that the reasons for its shift towards software operations in recent years include "increased fraud risk, regulatory pressure, compliance requirements, and low reuse rates," but did not mention any related allegations.

According to a report by Golden Finance, Lido's currently acquired stake assets have exceeded those in May 2021, but the valuation of LDO is lower. The staked assets have increased from $1.2 billion to $35 billion, while the valuation of LDO has decreased from $2.1 billion to $1 billion.

According to a report by Jinse Finance, 1inch's report shows that 83% - 95% of the liquidity in mainstream Decentralized Finance (DeFi) liquidity pools such as Uniswap and Curve is idle, with billions of dollars in funds not generating fee income or any returns. This inefficiency issue has a particularly severe impact on retail liquidity providers: 50% of retail investors incur losses due to impermanent loss, with total net losses exceeding 60 million dollars. 1inch proposed to solve this problem through its Aqua protocol - this protocol allows DeFi applications to share a unified liquidity pool, aiming to optimize liquidity utilization, reduce capital fragmentation, and simultaneously enhance returns for liquidity providers.

According to BlockBeats news on November 22, Arkham has officially announced the addition of support for monitoring the Bitcoin treasury company Nakamoto's Holdings address. The Nakamoto address currently holds 5,398 BTC, worth approximately $453.4 million.

This week, the Crypto Assets market has performed poorly, with Bitcoin prices falling to $83,000, down 35% from the ATH. This week's decline reached 18%, and it is expected to set the worst monthly performance. The market will follow the release of U.S. economic data, including the business activity index and consumer confidence index.

PANews, November 22 news, according to Jin10 reports, Fed's Collins stated that no decision has been made regarding the December FOMC meeting. The September employment data is mixed, with new job additions exceeding expectations, and financial conditions are a tailwind for the economy. Ending the balance sheet reduction is appropriate. (Jin10)

PANews November 22 news, according to on-chain analyst Yu Jin's monitoring, due to the recent deep pullback of BTC, a whale who purchased 700 WBTC through a revolving loan four months ago is nearing liquidation of his lending position. He cut loss and closed all positions today, with a loss amounting to as much as 21.68 million dollars.

Bitcoin has recently experienced a big dump of about 25%, increasing market risk. The dumping was caused by large ETF fund outflows and the sale of long-unused assets, while options trading has intensified price fluctuations. After breaking the key level of $85,000, adjustments in options positions led to further declines.

Golden Finance reports that PancakeSwap's official announcement states that Favourable Information will be released soon.

BlockBeats news, on November 22, Jan Van Eck, CEO of investment management company VanEck, stated in an interview with CNBC, "If we believe that the fundamental logic of Bitcoin has broken down, we will exit Bitcoin investment. The Bitcoin community is focusing on two core issues: encryption security and privacy, especially in the face of potential threats from Quantum Computing. Meanwhile, some veteran Bitcoin players are paying attention to Tokens such as Zcash (ZEC) that offer higher privacy protection. Four years ago, Bitcoin was often accused of being used for illegal activities, but now transactions can be tracked on-chain, and the market's demand for privacy is rising."

Odaily News According to Tether's Q3 2025 report, USDT's gold reserves soared from 5.3 billion USD to 12.9 billion USD, rising by 7.6 billion USD in just nine months (compared to the beginning of the year). (Cointelegraph)

Matt Sheffield, the Chief Investment Officer of the Ethereum treasury company SharpLink, pointed out that there is a lag in the submission of 13F filings by asset management companies, and Ethereum co-founder Joseph Lubin acknowledged this view, emphasizing that the Crypto Assets market is adjusting and institutional investors' confidence in SharpLink is increasing.

Delphi Digital's recent report shows that institutional encryption demand has sharply declined, with traffic down 90% compared to August. Capital inflow has dropped from $5.5 billion in August 2025 to less than $500 million, with October's funds nearly stagnant. BTC is attracting limited follow, and altcoin trading is almost at a standstill. Institutional capital is in a wait-and-see mode, and existing positions are facing value loss.

On November 22, news reported that Hsiao-Wei Wang, Co-Executive Director of the Ethereum Foundation, compared Ethereum to an endlessly constructed ladder built by the community in her speech at Devconnect ARG. She pointed out that the Ethereum Foundation does not control the steering wheel, but rather guides Ethereum's natural growth. She emphasized that Ethereum's success stems from Decentralization, with its strength coming from the collective progress of global collaborators, where each step becomes a new starting point for others, thus achieving continuous and compounded growth.

Odaily News According to monitoring by Arkham, (as the BTC price continues to fall,) the Satoshi Nakamoto address has lost 47 billion USD, bringing personal wealth down to 90.7 billion USD, the lowest point since reaching an ATH of 137 billion USD last October. The 47 billion USD loss generated by the market decline accounts for approximately 34% of its historical highest net worth.

According to Jin10, Trump is expected to push for significant interest rate cuts after appointing a new Fed chair next year, but opposition within the Fed to a rate cut in December is becoming increasingly evident, with Powell facing unprecedented internal resistance and the decision-making process potentially experiencing serious divisions.

Jin10 reports that Reuters on the 21st cited sources revealing that the Trump administration is considering approving the export of NVIDIA's H200 artificial intelligence chips to China. The report cited informed sources stating that the U.S. Department of Commerce, which oversees U.S. export controls, is reviewing changes to export restrictions to China, and that related plans may change. The report stated that the U.S. Department of Commerce has not yet responded to this, and NVIDIA has not directly commented on the matter.

Odaily News Strategy, a Bitcoin treasury company, stated in a post on the X platform that during the 2022 encryption Bear Market, the company's average purchase cost was $30,000, while at that time the trading price of Bitcoin had fallen to only $16,000, with the market price being only 50% of its buying cost. However, Strategy bought more Bitcoin, suggesting that this Bear Market will continue to increase its Bitcoin holdings.

PANews November 22 news, the crypto market analysis platform Santiment tweeted that Bitcoin's sentiment on social media has officially fallen to its lowest point since December 11, 2023. Based on the bullish and bearish comments on platforms such as X, Reddit, and Telegram, retail investors are collapsing, and the level of panic selling has reached its highest level in two years.

Odaily News Hyperbot website data shows that after experiencing multiple liquidations, Machi Big Brother's Hyperliquid account assets are only left with 7,282.32 dollars. Currently, he still holds a 25x long order of 56.32 ETH, with a position value of only 156,000 dollars, and the unrealized gains are about 600 dollars, with a liquidation price of 2,695.93 dollars.

Gate News bot message, according to the official announcement from Gate on November 21, 2025 Gate has launched the PYBOBO token on its instant exchange platform. Users can now trade PYBOBO through the platform's instant exchange feature. After this launch, the number of cryptocurrency assets supported by the Gate instant exchange platform has exceeded 2,200, providing users with a one-click exchange service with no fees.

The key pain point area for Bitcoin prices is between $84,000 and $73,000, which determines the bottom of this cycle, mainly influenced by the cost basis of large institutional investors. The market is undergoing a comprehensive reset, and sellers are being forced to yield.

PANews, November 22 news, according to on-chain analyst Yu Jin's monitoring, Huang Licheng (Ma Ji) lost on opening a long position on ETH with the 115,000 USD he deposited yesterday, and there is only 7,000 USD left in the address now.

The UK's National Crime Agency (NCA) has disclosed that 128 people have been arrested in the "Operation Destabilise" aimed at targeting Russian sanctions evasion, with $32.6 million in Crypto Assets and cash seized. The operation commenced in 2024, and recently, an additional 45 suspects of Money Laundering have been apprehended.

CME Bitcoin and Ether futures both experienced significant falls this week, dropping 9.52% and 11.62% respectively. The overall market is sluggish, with Crypto Assets and related indices also declining sharply, indicating a weak trend.

Mayuravarma, who ranked sixth on the Polymarket sports profit leaderboard, lost due to a one-time bet of $1.2 million on an NHL game, having previously increased his $5,000 to $3.8 million, only to lose all profits in just one week, which is quite regrettable.

The Fed extended the deadline for large banks to submit comments on proposals to improve stress test models to February 21, in order to enhance model transparency and accountability. Banks hope to adjust the tests to alleviate the burden, and the annual stress tests are designed to assess banks' ability to cope with economic shocks.

U.S. Democratic Congressman Jason Crow has called for an investigation by Capitol Police into Trump for his "intimidating and threatening" remarks on social media. This request involves legal disputes surrounding the president's constraints under criminal justice procedures, as Trump's posts have led to an increase in violent threats against congressional offices.

Golden Finance reported that Grayscale's two new encryption Spot ETFs — Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) — will be listed on the NYSE Arca on Monday.

Putin stated at the Standing Committee meeting that Russia and the United States have discussed Trump's peace plan for Ukraine and the U.S. "28-point plan." He pointed out that Russia is willing to engage in peace negotiations, but there needs to be an in-depth discussion on the details of the plan. Currently, the U.S. pause stance is related to Ukraine's rejection attitude.

Golden Finance reported that data shows that the group of people with a four-year college degree in the United States now accounts for a record 25% of the total unemployed, highlighting the sharp slowdown in white-collar hiring this year. The monthly data released by the U.S. Bureau of Labor Statistics on Thursday, which was delayed due to the government shutdown, shows that the unemployment rate for those with a bachelor's degree rose to 2.8% in September, an increase of half a percentage point from a year ago. In contrast, the unemployment rate for other educational levels has seen little to no increase during the same period. In September, there were more than 1.9 million unemployed Americans aged 25 and older with at least a bachelor's degree, accounting for one-quarter of the total unemployed. This proportion has never reached such a high level in data going back to 1992 before 2025. This indicates that younger, newly graduated college students are also struggling to find jobs. Michael Feroli, Chief U.S. Economist at JPMorgan, pointed out that college-educated.

According to Jincai Finance and Nikkei News: Bank of Japan committee member Kazuhiro Ikeda stated that we are about to make a decision on raising interest rates. I can't say which month, but we are approaching the timing for a rate hike.

According to ChainCatcher news, the Trump family's encryption project "World Liberty Financial" partner WLFI Reserve Company ALT5 Sigma stated in documents submitted to the SEC that its CEO was officially suspended on October 16, but internal emails show that the company's board had actually placed him on "temporary leave" as early as September 4. Several securities regulation experts indicated that this significant time difference may have violated information disclosure rules. The enclosed email also revealed that the Chief Revenue Officer Vay Tham was simultaneously placed on leave, as the board's special committee is investigating "certain matters related to the company." According to SEC regulations, listed companies must disclose when executives actually cease to perform their duties.

Golden Financial reported that U.S. consumer confidence fell to one of its historical lows in November, as Americans became more pessimistic about their financial situation. According to data from the University of Michigan, the final consumer confidence index for November dropped from 53.6 in October to 51, just slightly above the preliminary value. The current conditions index fell by 7.5 points to a record low of 51.1. Consumers' views on their personal finances are at their most pessimistic level since 2009. Survey director Joanne Hsu stated, "Consumers remain frustrated by persistently high prices and declining incomes." The data shows that consumers expect prices to rise at an annual growth rate of 4.5% over the next year, which has slowed for the third consecutive month. They anticipate an average price increase rate of 3.4% over the next five to ten years, down from 3.9% in October. While Americans' concerns about inflation have eased somewhat, they still feel anxious about high living costs and job security.

BlockBeats news, on November 22, the London-based ETF issuer LeverageShares will launch the world's first 3x go long/shorting Bitcoin and Ether ETF in Europe next week. Four new products (Bitcoin 3x go long, Bitcoin 3x shorting, Ether 3x go long, Ether 3x shorting) will be listed on the Swiss SIX exchange, further expanding the company's existing lineup of leveraged products.

Odaily News CZ posted on the X platform, stating: "I may have played some role in the Bridgewater founder Ray Dalio's allocation to Bitcoin, and of course, in exchange, I have also learned from him." Previously, it was reported that Ray Dalio disclosed that he has long held a small amount of Bitcoin, which has consistently accounted for about 1% of his investment portfolio.

BlockBeats news, on November 21, Citigroup warned that due to wavering optimism about artificial intelligence, caution should be exercised when going long on the S&P 500 index. (Jin10)

PANews November 21 news, Maple Finance responded to the recent public accusations from the CORE Foundation regarding its BTC yield program and syrupBTC product. Maple firmly denies CORE's accusations, stating that they distort the facts. Maple claims that the BTC yield program operates as an independent entity, with assets isolated from the overall business. Due to the fall in the value of CORE tokens, risk control measures have been initiated, with plans to orderly sell CORE tokens to protect the principal of lenders. Although there are hedging mechanisms in place to protect lenders, the inability to sell tokens as planned is affected by the legal actions initiated by CORE. At the same time, it emphasizes that syrupBTC is independently developed and has not used CORE's confidential information. In terms of law, Maple is actively filing a lawsuit to enforce the hedging agreement signed by CORE, and points out that CORE's allegations have not been confirmed, and the judgments cited by it originate from a

Trust Wallet announced the launch of the "Gas Sponsorship" feature, which helps BNB Chain and Solana users automatically pay for Gas when they lack native tokens, ensuring smooth transactions. This feature has sponsored over 100 million dollars and will be expanded to major public chains like Ethereum in the future, enhancing the user trading experience.

PANews, November 21 - According to Jin10, Dallas Fed President Logan stated on Friday that the Fed needs to "keep interest rates unchanged for the time being" while assessing the current tightening of monetary policy. In a speech delivered in Zurich, she reiterated her previous view that the Fed's rate cut in October was not appropriate given that inflation remains elevated and the labor market is generally balanced. She said, "Maintaining interest rates unchanged for a period of time, in the absence of clear evidence to support further easing of policy, will allow the Federal Open Market Committee (FOMC) to better assess the degree of constraint of current policy."

Odaily News The Fed's Logan stated that it is expected that the Fed's balance sheet will resume rise soon, and the Fed needs to offset the tailwinds brought by financial conditions. (Jin10)

According to ChainCatcher news and Jin10 reports, spot gold has turned to rise during the day, reported at 4,077.75 USD/oz. On the news front, Ukraine and its European allies are reportedly rejecting key parts of the U.S. proposed peace plan for the Russia-Ukraine conflict. Fed's Williams still believes there is room for interest rate cuts in the near term.

Odaily News Arthur Hayes posted on the X platform, stating that the insufficient liquidity of BTC has led to a significant fall. Do not rush to sell; the bottom is approaching. Wait for the U.S. stock market to also experience a big dump, as it is expected to further print money, and this requires a dump in AI technology stocks.