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1Bitget Daily Digest(Nov 29)|All Major U.S. Stock Indices Closed Lower; Next Year’s FOMC Voters Emphasize Inflation Risks and Oppose Further Rate Cuts; 72 out of Top 100 Tokens Down More Than 50% from All-Time Highs2Bitcoin’s Current Correction: At the End of the “Four-Year Cycle,” Government Shutdown Intensifies Liquidity Shock3Zcash Price Prediction 2025: Why ZEC Might Hit $360, Shedding 35% From ATH?
Flash
- 04:37Kyo Finance completes $5 million Series A funding round, led by Castrum Istanbul and othersChainCatcher reported that Kyo Finance has announced the completion of a $5 million Series A funding round, reaching a valuation of $100 million. This round was led by Castrum Istanbul, TBV, and BZB Capital. The core objective of the protocol remains to establish a single liquidity layer to eliminate chain boundaries and complexity in decentralized finance (DeFi).
- 04:27JPMorgan acquires stake in leading Ethereum reserve Bitmine, holding position valued at $102 millionAccording to ChainCatcher, citing Jinse Finance, JPMorgan's 13F-HR holdings report submitted to the U.S. SEC on November 7 shows that as of September 30, the bank held 1,974,144 shares of Bitmine Immersion Technologies, the world's largest Ethereum reserve company, with a market value of $102 million. Bitmine was originally a bitcoin mining company and will transform into an Ethereum reserve company in 2025. It currently holds more than 3.24 million Ethereum, maintaining its position as the world's largest reserve.
- 04:13"1011 Insider Whale" closed BTC long positions and increased ETH long positions to 40,000 tokensOn November 8, according to on-chain analyst AiYi's monitoring, the "1011 Insider Whale" (0xb31...83ae), who previously held long positions (700 BTC and 16,000 ETH), has closed their BTC position and increased their ETH holdings to 40,000, worth approximately $138 million. The average opening price for their ETH position was $3,445.38, with a current unrealized profit of $560,000.