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1Bitget Daily Digest (Nov 06) | Monad Plans to Launch Mainnet and Native Token MON on November 24; U.S. Government Shutdown May Delay Crypto Market Structure Legislation Until 20262Bitcoin and Ether ETFs record fifth consecutive day of outflows as crypto prices remain under pressure3Monero (XMR) jumps to 5-month high as privacy coins lead surprise market rally
JPMorgan sees Bitcoin as more attractive than gold after price dip
Coinjournal·2025/11/07 00:24
Why Is the Crypto Market Flat Today? November 6, 2025
Cryptoticker·2025/11/07 00:12
Bitcoin holds above $100,000, but for how long?
market pulse·2025/11/06 22:42
Bitcoin’s valuation metric hints at a ‘possible bottom’ forming: Analysis
Cointelegraph·2025/11/06 21:24
Bitcoin ‘$68K too low’ versus gold says JPMorgan as BTC, stocks dip again
Cointelegraph·2025/11/06 21:24
$100B in old Bitcoin moved, raising ‘OG’ versus ‘trader’ debate
Cointelegraph·2025/11/06 21:24
Bitcoin bulls retreat as spot BTC ETF outflows deepen and macro fears grow
Cointelegraph·2025/11/06 21:24
BTC Signs Potential Mid-Cycle Bottom As Fear Grips the Market
DailyCoin·2025/11/06 20:34
The "Black Tuesday" for US stock retail investors: Meme stocks and the crypto market plunge together under the double blow of earnings reports and short sellers
Overnight, the US stock market experienced its worst trading day since April, with the retail-heavy stock index plunging 3.6% and the Nasdaq dropping more than 2%. Poor earnings from Palantir and bearish bets by Michael Burry triggered a sell-off, while increased volatility in the cryptocurrency market added to retail investor pressure. Market sentiment remains tense, and further declines may follow. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
MarsBit·2025/11/06 19:02
Crypto Market Macro Report: US Government Shutdown Leads to Liquidity Contraction, Crypto Market Faces Structural Turning Point
In November 2025, the crypto market experienced a structural turning point. The U.S. government shutdown led to a contraction in liquidity, pulling about 20 billions USD out of the market and intensifying capital shortages in the venture capital sector. The macro environment remains pessimistic.
BlockBeats·2025/11/06 18:55
Flash
- 00:23Elixir: 80% of deUSD redemptions have been successfully processed in the past 48 hours, and the claim page will go live today.Jinse Finance reported that the DeFi liquidity protocol Elixir stated it has successfully processed redemptions for 80% of deUSD holders (excluding Stream) over the past 48 hours. Currently, Stream holds about 90% of the deUSD supply (approximately $75 million), while a similar proportion of the remaining endorsed assets held by Elixir exists in the form of Morpho loans to Stream. All remaining deUSD and sdeUSD holders will be able to redeem at the pegged value of one dollar. To protect holders' interests and eliminate any risk of Stream liquidating deUSD before repaying the loan, Elixir has taken a snapshot of all remaining deUSD and sdeUSD holder balances, and a claim page will go live later today, allowing these holders to claim USDC. As part of this process, the mint/redeem infrastructure has been shut down, and deUSD will be gradually phased out in the near future. Any affected LPs in AMM pools or lending markets will be able to claim the full value of their positions. Given that Stream accounts for over 99% of the lending positions (and has decided not to repay or close the positions), Elixir will work with Euler, Morpho, Compound, and others to promote the repayment and allocation of Stream loans to liquidate these positions. It is still believed that redemption will be honored at a 1:1 ratio, and information about the claim page will be provided later today.
- 00:23Tether BTC reserve address holds 87,296 BTC, with an average purchase price of approximately $49,121Jinse Finance reported that, according to on-chain analyst Yujin's monitoring, USDT issuer Tether's BTC reserve address withdrew 961 BTC (97.18 million USD) from a certain exchange one hour ago. The BTC stored in this wallet has been purchased using 15% of the company's profits since 2023, and previously, they only withdrew the BTC purchased each quarter from an exchange on the last day of each quarter. Currently, their BTC reserve address holds 87,296 BTC (8.84 billions USD), making it the sixth largest BTC wallet. Based on the price at which they withdrew from the exchange, the average purchase price of these BTC is about 49,121 USD, with an unrealized profit of 4.549 billions USD.
- 00:23FIL surpasses $2.1, with a 24-hour increase of 47.99%Jinse Finance reported that according to market data, FIL has surpassed $2.1 and is now quoted at $2.054, with a 24-hour increase of 47.99%. The market is experiencing significant volatility, so please manage your risks accordingly.