Singapore's Gulf Bank is seeking to raise at least $50 million in funding and acquire a stablecoin payment company

According to BlockBeats news, on November 25th, according to community user monitoring on chain data, since the Binance contract announced the launch of CHEEMS and WHY announcements, CHEEMS's first large purchase address was 0x94d5Dec17964f3544FB09461AF0bC3fb3c2F6, with a cumulative purchase of about $200000, and ultimately left the venue with a "cut in half". WHY's first large purchase address was 0x03b7C1414857Ae0bCa09116d4A01175D4d9B86ad, with a cumulative purchase of approximately $200000. During the purchase process, it encountered a "sandwich attack" by an on chain trading robot, resulting in a loss of approximately $25000.

The main large order can be combined with the position difference indicator to judge the main force to open and close the position. Open PRO members can follow the main trading operations in time

On November 25th, according to the latest report released by QCP, the cryptocurrency market fell yesterday, with over $100 million worth of BTC and ETH holdings cleared on major exchanges. However, both remain stable above key support levels of $95000 and $3200, respectively. Although there was a pullback over the weekend, the forward volatility remains high. The market expects BTC to maintain range bound volatility before December, while the focus shifts to ETH in the short term. The ETH risk reversal indicator shows a high demand for short-term call options, while the demand for BTC call options is concentrated after December 27, 2024, or may be related to the potential impact of Trump's policies supporting cryptocurrency, which are expected to take effect next year. Recently, the market value of BTC has decreased from 62% to 59%, reflecting a trend where funds may gradually shift from BTC to ETH and other altcoins. In addition, Michael Saylor hinted today that he may increase his holdings of BTC. The market is paying attention to whether MicroStrategy's new round of purchases will push BTC to break through the 100K mark. If it does, BTC may further rise, while altcoins may be affected in the short term.

OKX-ETH/USDT is currently trading at $3500.00, with a 24-hour increase of 2.97%. Please be aware of market fluctuations.

BlockBeats news, on November 25th, QCP released a daily opinion stating that yesterday, the cryptocurrency market fell and over $100 million worth of BTC and ETH positions were liquidated on major exchanges. However, BTC and ETH are still trading steadily above key support levels (95000 and 3200 respectively). Despite the weekend market correction, the long-term volatility remains relatively high. The market seems to expect BTC to consolidate sideways before December, while the focus in the short term shifts to ETH. The risk reversal of ETH still heavily favors short-term call options, while the demand for BTC call options is mainly concentrated after December 27, 2024, driven by the potential impact of Trump's pro crypto policies, which are expected to take effect as early as later next year. As we mentioned last week, if BTC continues to fail to break through 100000, there may be a trend of funds shifting from BTC to ETH and other altcoins. In fact, this situation has already begun to occur. In the past week, the market value of BTC has decreased from 62% to 59%. Despite the sustained strong inflow of funds from spot ETFs and the bullish trend of IBIT options supporting BTC, it seems that BTC is still struggling to move forward in the face of a huge 100000 sell order wall.