Bitget Daily Digest (Nov 27) | Initial jobless claims for the week ending November 22 came in at 216,000; Nasdaq ISE has proposed raising the IBIT option position limit to 1 million contracts

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Bitget2025/11/27 02:31

By:Bitget

Today’s Outlook

1、SpaceX has transferred 1,163 BTC to a new address, worth approximately $105 million.

2、BlackRock’s SIO fund has increased its IBIT holdings to 2.39 million shares, up about 14% this quarter.

3、Vitalik donated 128 ETH each to Session and SimpleX to support private communication.

Macro & Hot Topics

1、U.S. initial jobless claims for the week ending November 22 recorded 216,000, the lowest since the week of April 12, 2025.

2、JPMorgan economists reversed their view and now expect the Federal Reserve to begin rate cuts in

December, overturning last week’s prediction that policymakers would delay cuts until January.

3、Fed Beige Book: Economic activity has been largely unchanged in recent weeks, with consumer polarization intensifying.

4、Jin10: On November 26 local time, the U.S. Trade Representative announced an extension of certain tariff exclusions on China until November 10, 2026, including issues related to technology transfer and intellectual property under Section 301. These exclusions were originally set to expire on November 29 this year.

5、K33 Research Director: Bitcoin selling pressure is nearing an end, making the current moment a good entry opportunity.

Market Performance

1、Over the past 24 hours, total crypto derivatives liquidations reached $276 million, including $197 million in short liquidations. BTC liquidations totaled $90 million, ETH totaled $46 million, and HYPE totaled $33 million.

2、U.S. stocks: The Dow rose 0.67%, the S&P 500 gained 0.69%, and the Nasdaq Composite increased 0.82%.

Bitget Daily Digest (Nov 27) | Initial jobless claims for the week ending November 22 came in at 216,000; Nasdaq ISE has proposed raising the IBIT option position limit to 1 million contracts image 0

3、Bitget BTC/USDT liquidation map shows: Below the current BTC price of $90,895 (around the $85,000–$89,000 range), there is dense clustering of 50–100x high-leverage long positions, meaning downward volatility could trigger cascading long liquidations. Above $91,200, short liquidation levels begin to accumulate; a breakout above this level could pressure shorts into forced liquidation.

4、In the past 24 hours, BTC spot inflows reached $278 million, outflows $209 million, resulting in net inflows of $69 million.

News Updates

1、DWF Labs launched a $75 million DeFi investment fund.

2、Vitalik proposed increasing gas costs for inefficient operations to support network scalability.

3、Analyst @ai_9684xtpa: An old ETH whale who interacted with the Ethereum Foundation 10 years ago is accumulating again. Yesterday, the whale bought 7,318.56 ETH on-chain at an average price of $3,016.09, totaling $22.07 million.

Project Developments

1、The Block: CryptoQuant noted that after Bitcoin dropped below $80,000 last week, large holders significantly increased BTC transfers to exchanges.

2、SpaceComputer completed a $10 million seed round to run secure blockchain computation from space.

3、Securitize obtained EU approval to operate a tokenized trading and settlement system, choosing Avalanche as its blockchain.

4、The Block: Modular blockchain platform Avail launched its cross-chain execution layer Nexus mainnet, supporting Ethereum, BNB Chain, Base, and more ecosystems.

5、Nasdaq ISE proposed raising the IBIT option position limit to 1 million contracts.

6、Vitalik responded to “planned economy” concerns: Gas usage remains determined by market forces.

7、Upexi plans to raise $23 million through a private placement to strengthen its SOL vault strategy.

8、Bitwise launched the Bitwise Dogecoin ETF on the NYSE under the ticker “BWOW”.

9、CleanSpark: FY2025 revenue doubled to $766 million, with net profit reaching $365 million.

10、S&P Global downgraded USDT’s stability rating to the lowest tier, warning of risks associated with Bitcoin exposure.

Disclaimer: This report is AI-generated. Human reviewers only verify information. This does not constitute investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- Vitalik Buterin donates 128 ETH ($390K) to Session and SimpleX to advance metadata privacy and permissionless design. - Platforms use decentralized infrastructure and cryptographic IDs to protect communication metadata, resisting censorship and AI surveillance risks. - Donation counters regulatory threats like EU's Chat Control while promoting privacy-focused innovation in encrypted communication. - Experts emphasize permissionless account creation as critical for digital freedom, despite trade-offs like

Bitget-RWA•2025/11/28 05:47

Ethereum Updates Today: Privacy First: Buterin Backs Messaging’s Fundamental Transformation

Bitcoin News Update: Growing Optimism Faces ETF Withdrawals: The Delicate Balance of Crypto Stability

- Crypto markets show fragile stabilization as Fear & Greed Index rises to 20, but Bitcoin remains 30% below October peaks amid $3.5B ETF outflows. - Stablecoin market cap drops $4.6B and on-chain volumes fall below $25B/day, weakening Bitcoin's liquidity absorption capacity. - Select altcoins like Kaspa (22%) and Ethena (16%) gain traction while BlackRock's IBIT returns $3.2B profits, signaling mixed institutional confidence. - Technical indicators suggest tentative support at $100,937 for Bitcoin, but So

Bitget-RWA•2025/11/28 05:32

Bitcoin News Update: Growing Optimism Faces ETF Withdrawals: The Delicate Balance of Crypto Stability

BCH Rises 0.09% as Momentum Fuels Outperformance

- BCH rose 0.09% in 24 hours but fell 4.22% in seven days, yet gained 22.72% annually. - It outperformed its Zacks Banks - Foreign sector with 0.66% weekly gains vs. -2.46% industry decline. - Earnings estimates rose twice in two months, boosting consensus from $2.54 to $2.56. - With a Zacks Rank #2 (Buy) and Momentum Score B, BCH shows strong momentum potential. - Annual 63.46% gains and positive revisions solidify its position as a top momentum stock.

Bitget-RWA•2025/11/28 05:26

BCH Rises 0.09% as Momentum Fuels Outperformance

DOGE drops 1.36% as Bitwise ETF debuts

- Bitwise launched the first Dogecoin ETF (BWOW) on NYSE, offering institutional-grade exposure to the memecoin. - DOGE fell 1.36% in 24 hours but rose 7.34% weekly, reflecting mixed short-term market sentiment. - The ETF aligns with growing institutional adoption and regulatory momentum for altcoins, despite a 52.35% annual decline. - Similar products like Bonk’s ETP and Ethereum upgrades highlight maturing crypto infrastructure and investor demand.

Bitget-RWA•2025/11/28 05:26