Bitcoin: Analysis of Reasons for Price Falling Below $100000
The price of Bitcoin has fallen below $100000, and the market is paying attention to the driving factors behind it (Decrypt).
The price of Bitcoin has fallen below $100000, and the market is paying attention to the driving factors behind it (Decrypt).
Investors have pulled out $2.64 billion over three weeks
[Orama Labs Launches $5 Million Ecosystem Fund, First Batch of Incentives Distributed to Kingnet AI and ZENO] On November 14, DeSci and AI asset protocol Orama Labs announced the establishment of a $5 million ecosystem fund to support cutting-edge technology projects. The first batch of grants has been distributed, with Kingnet AI receiving $1 million in PYTHIA token rewards and the space intelligence project ZENO receiving $200,000 in PYTHIA incentives. According to the official introduction, ZENO is driving 'space intelligence' from theory to practice, while Kingnet AI is lowering the barriers to game development through natural language technology. This round of incentives will promote collaboration between Kingnet AI and Orama in terms of technology and ecosystem development. The fund will continue to support innovative projects in fields such as DeSci, AI, and DEPIN.
[MGBX to Launch PLANCK Spot Trading] To further enrich the variety of trading options on the platform and enhance user trading experience, MGBX will officially launch the following spot trading pair on 2025-11-14. Schedule: Deposit Opening Time: 2025-11-14 16:00:00 (SGT) Trading Opening Time: 2025-11-14 18:00:00 (SGT) Withdrawal Opening Time: 2025-11-17 19:00:00 (SGT) Trading Pair Details: PLANCK/USDT For more trading opportunities, please visit 'Quick Updates - New Listings.' Data sourced from MGBX, for informational purposes only and does not constitute any investment advice.
[Kraken Co-CEO States Company Has No Plans to Go Public in the U.S.] Kraken Co-Chief Executive Officer Arjun Sethi stated in an interview with Yahoo Finance that the company currently has no plans to go public in the United States. He emphasized that as a private enterprise, Kraken has a well-capitalized balance sheet, strong financial health, and a deep understanding of operational risk management, and will not experience FOMO due to other companies going public. Additionally, Sethi believes that the price volatility of cryptocurrencies is a normal phenomenon experienced by all asset classes. What’s more important is understanding the logic behind investing in assets like Bitcoin ($BTC) and Ethereum ($ETH), and how it relates to the choice of holding dollars or stocks. In September of this year, Sethi had stated that the company is not in a rush to pursue an IPO and plans to make more acquisitions.
[Calastone integrates with Polygon to launch tokenized fund share distribution] UK financial company Calastone has integrated its tokenized distribution solution with the Polygon blockchain, enabling institutions to conduct large-scale issuance and settlement of tokenized fund share classes via Polygon. Calastone processes over £250 billion in transactions monthly, serving more than 4,500 financial institutions across 58 markets. It allows asset management companies to convert any fund on the network into tokenized share classes without altering structure, management, or service operations.