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06:54

CHILLGUY (Just a chill guy) has pumped 21.20% in 24 hours

Gate News Bot news, on November 25, according to CoinMarketCap data, as of the time of publication, CHILLGUY (Just a chill guy) is currently priced at $0.02, with a rise of 21.20% in the last 24 hours, reaching a high of $0.02 and a low of $0.02. The current market capitalization is approximately $19.7 million, an increase of $3.45 million compared to yesterday. Currently, CHILLGUY ranks 748th in the global Crypto Assets market capitalization. Chill Guy is a meme character that embodies a relaxed atmosphere, known for staying calm, casual, and "low-key". The mission of the project is to spread the art of staying calm in a chaotic world. Through the Chill Guy movement, it helps people discover the power of mindfulness, find inner peace, and learn to take life easy. The project slogan is "No pressure, only fun".
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CHILLGUY20.57%
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06:54

Chainlink launches the Rewards Season 1 event, where the Build project will allocate a portion of tokens to LINK stakers.

According to Foresight News, Chainlink tweeted that it has launched the Rewards Season 1 event, where nine Build projects will allocate a portion of Tokens to LINK stakers. The allocation period will end at 22:00 Beijing time on December 9. Participants must allocate Cubes during the allocation period in order to claim Tokens during the claiming period (starting from December 16).
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LINK2.61%
06:39

MicroStrategy will transition to preferred stock financing in 2025, having raised $21 billion to date.

MicroStrategy announced that as of now, the company has raised $21 billion in 2025, shifting to preferred stock financing while maintaining record growth to expand its Bitcoin holdings and attract institutional investors. This reflects the shift in the company's financing structure compared to the fiscal year 2024. According to company data, MicroStrategy raised $22.6 billion in fiscal year 2024 by issuing $16.3 billion in common stock and $6.2 billion in convertible bonds.
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BTC1.05%
06:39

Deribit: A certain options trader bought 20,000 BTC bullish condor spreads, with bullish BTC prices expected to be in the range of $106,000 to $112,000 by the end of the year.

Odaily News Deribit Asia-Pacific Business Head LinChen stated that a certain options trader bought 20,000 BTC in long bullish condor spread, expecting BTC to rise to between 106,000 and 112,000 by the end of the year: buying the end-of-year 100,000 call; selling the end-of-year 106,000 call; selling the end-of-year 112,000 call; buying the end-of-year 118,000 call. Odaily Note: The long bullish condor spread is an options combination strategy that uses four options contracts with four different strike prices, employed when the underlying asset is expected to rise moderately but with limited upside, specifically involving buying the lowest and highest strike options and selling the two middle strike options.
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BTC1.05%
06:37

MegaETH: The USDm deposit channel will open today at 22:00.

MegaETH announced that it will open the USDm pre-storage channel today at 22:00, with a limit of 250 million USD. Users can obtain USDm Tokens in December. The cross-chain bridges will be launched on November 25, allowing Ethereum USDC to be exchanged for Mega Mainnet USDm.
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USDC-0.01%
06:30

XRP (XRP) 24-hour pump 8.43%

Gate News Bot news, on November 25, according to CoinMarketCap data, as of the time of writing, XRP (XRP) is currently priced at $2.25, having pumped 8.43% in the last 24 hours, with a high of $2.28 and a low of $1.83, and a 24-hour volume of $6.158 billion. The current market capitalization is approximately $135.389 billion, an increase of $10.531 billion compared to yesterday. XRP Ledger (XRPL) is a decentralized, open blockchain led by a community of global enterprises and developers, aimed at solving problems and creating value. With over 10 years of error-free operation, XRPL offers simplified development, low transaction costs, high performance, and sustainability. It allows developers to confidently build and advance the most critical projects. Important news about XRP recently: 1️⃣ **Franklin D.
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XRP8.22%
BTC1.05%
ETH2.97%
06:18

HEMI (Hemi) rose 18.36% in the last 24 hours.

Gate News Bot news, on November 25, according to CoinMarketCap, as of the time of writing, HEMI (Hemi) is currently priced at $0.02, having risen 18.36% in the last 24 hours, with a highest point of $0.02 and a lowest point of $0.02. The current market capitalization is approximately $22.7 million, an increase of $3.52 million compared to yesterday. It currently ranks 707th in the market capitalization of Crypto Assets. Hemi is a blockchain project focused on the programmability of Bitcoin, aiming to combine the security of Bitcoin with the flexibility of Ethereum. The project achieves Bitcoin-level security through the Proof-of-Proof (PoP) consensus mechanism while maintaining the speed and flexibility of a second-layer network. The Hemi Virtual Machine (hVM) encapsulates a complete Bitcoin node within the EVM, allowing developers to create directly with Bitcoin.
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HEMI35.65%
BTC1.05%
ETH2.97%
06:16

A block trader created a $1.76 billion options bet that Bitcoin will return to $100,000 by the end of the year but will not reach a new high.

On Monday, a Block Trading trader bet that the price of Bitcoin would continue to rebound until the end of the year, expecting the price to break the 100,000 USD mark again, but not reach a new all-time high. This is a massive "bullish vulture" Options strategy with a notional value of 20,000 Bitcoins (1.76 billion USD), betting that the price of Bitcoin will continue to rise above 100,000 USD before the end of the year. Bitcoin, as the highest market capitalization cryptocurrency, has rebounded from last week's low of nearly $80,000 to about $88,000. Although this rebound is mainly driven by market expectations of a 25 basis point rate cut by the Federal Reserve in December, institutional buying has not yet returned for spot ETFs. According to SoSoValue, on Monday, 11 spot ETFs recorded a net outflow of $151 million.
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BTC1.05%
06:09

PENDLE (Pendle) has risen 12.46% in the last 24 hours.

Gate News Bot news, on November 25, according to CoinMarketCap data, as of the time of writing, PENDLE (Pendle) is currently priced at $2.53, having risen 12.46% in the last 24 hours, reaching a high of $2.54 and a low of $2.04. The 24-hour volume is $55.2 million. The current market capitalization is approximately $417 million, an increase of $46.2 million compared to yesterday. Pendle is the world's largest cryptocurrency yield trading platform. The platform offers functions such as trading, hedging, unlocking, earning, leverage, and fixed income. Pendle includes two main products: Boros margin trading and V2 spot trading. Boros allows users to trade any yield with powerful leverage and unprecedented capital efficiency, even off-chain interest rates. V2 supports spot yield trading and earning fixed income.
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PENDLE11.68%
06:06

Global Liquidity Experts: Bitcoin and Gold are the Preferred Core Assets to Tackle Long-term Currency Inflation

Michael Howell pointed out in the podcast that the trend of currency inflation will last for decades, and Bitcoin and gold are effective hedging tools. He advised investors to moderately adjust their Bitcoin holdings and include quality assets in their portfolios to cope with the risks and opportunities brought by long-term debt expansion. At the same time, follow market cycles and fluctuations to optimize returns.
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BTC1.05%
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05:56

STBL (STBL) rose 18.36% in the last 24 hours.

Gate News Bot news, on November 25, according to CoinMarketCap data, as of the time of writing, STBL (STBL) is currently priced at 0.06 USD, with a rise of 18.36% in the last 24 hours, peaking at 0.08 USD and falling to a low of 0.05 USD. The current market capitalization is approximately 322,000 USD, an increase of nearly 50,000 USD compared to yesterday. Important news about STBL recently: 1️⃣ **STBL integrates Ondo's USDY, redefining the way stablecoin yield is generated** STBL announces the integration of Ondo's USDY stablecoin, aimed at providing a new yield generation mechanism for STBL holders. This innovative integration is expected to enhance the utility and appeal of STBL, supporting its price rise. 2️⃣ **STBL is moving towards "Stablecoin 2.0", multiple transactions
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STBL18.78%
05:42

Whale Experiences $704K Floating Loss on $MON Long Position

Gate News bot message, a significant whale trader has held a $MON (1x) long position since October 8th with an entry price of $0.1449, accumulating a floating loss of $704,000. During the period between October 9th and November 11th, the whale partially closed their $MON position, resulting in a re
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MON18.06%
04:10

The "largest short position on ZEC on Hyperliquid" has once again positioned at the price level of $0.032 for MON, currently being the largest short position whale in MON.

BlockBeats news, on November 25, according to the on-chain AI analysis tool CoinBob (@CoinbobAIbot), it was monitored that since the launch of MON on the Mainnet yesterday, multiple whales on Hyperliquid have started to build a position in MON. In the past 9 hours, the "largest short position on Hyperliquid for ZEC" opened a MON short order at an average price of $0.032, with a position size reaching $3.48 million, a liquidation price of $0.25, and a small unrealized gain of $180,000. This address is now also the largest short position for MON; additionally, it has been monitored that the largest MON long address (0xcc) opened a MON long order at an average price of $0.028, with a position size of approximately $5.4 million, and a liquidation price of $0.0248.
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MON18.06%
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03:52

HYPE has seen over 12.65 million USD in short order Get Liquidated across the entire network in the last 6 hours, and the largest short positions Whale has reduced their Holdings by 35 million USD this week.

HYPE has been liquidated for about 12.65 million dollars in the last 6 hours, with the Hyperliquid platform accounting for 94%. The largest long positions, Abraxas Capital, holds 44.72 million dollars and has been gradually closing positions and taking profits, while short order holdings have decreased from 89.30 million dollars to 44.70 million dollars, with unrealized gains of 13.26 million dollars.
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HYPE2.6%
03:42

BONK (Bonk) has risen 12.46% in the last 24 hours, with a market capitalization ranking of 70.

Gate News Bot news, on November 25, according to CoinMarketCap data, as of the time of writing, BONK (Bonk) is currently priced at $0.000010, with a rise of 12.46% in the last 24 hours, reaching a high of $0.000011 and a low of $0.0000085. The current market capitalization is approximately $842 million, an increase of about $93.33 million compared to yesterday. BONK currently ranks 70th in the Crypto Assets market capitalization leaderboard.
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BONK8.91%
SOL5.32%
03:36

Framework Ventures holds over $50 million in unrealized losses from BERA Tokens.

Odaily News According to monitoring by Unchained, as of the end of the second quarter of 2025, Framework Ventures, a joint lead investor in the Berachain Series B round, holds 21,145,476 BERA Tokens, with a total cost of approximately 72.4 million dollars. The average bid price for these tokens is 3.42 dollars, and based on the current price, Framework Ventures has unrealized losses exceeding 50.8 million dollars on this batch of BERA tokens. Reports indicate that other investors in the Berachain Series B round (with a total financing amount of 100 million dollars), if investing at the previously reported valuation of 1.5 billion dollars, would also be at a loss. As of the time of publication, BERA
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BERA0.09%
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03:29

ZEC (Zcash) has fallen 12.79% in the last 24 hours, currently priced at 510.34 USD.

Gate News Bot message, on November 25, according to CoinMarketCap data, as of the time of writing, ZEC (Zcash) is currently priced at 510.34 USD, falling 12.79% in the last 24 hours, with a high of 714.82 USD and a low of 471.55 USD. The 24-hour volume reached 1.259 billion USD. The current market capitalization is approximately 8.373 billion USD, a decrease of about 1.228 billion USD compared to yesterday.
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03:25

Trump said he will visit China in April next year.

According to ChainCatcher news and Jin10 data reports, Trump posted on social media that he will visit China in April next year. "The situation can only get better, our relationship with China is very strong!" he wrote, noting that this call is a further communication following the "very successful" meeting held in South Korea between both parties. Since that meeting, both China and the US have made "significant progress" in ensuring the correlation and accuracy of the bilateral protocol.
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03:20

Data: "Calm Order King" short order has been liquidated 31 times in a row, with a weekly loss of 15.3 million USD.

ChainCatcher news reports that the "Calm Opening King" has opened another ZEC short order and increased the position on the SOL short order in the past half hour. Due to the continuous rise of BTC, their BTC and SOL short orders were liquidated 31 times, resulting in a loss of 2.78 million USD, leaving only 1.24 million USD in the account, with a weekly loss of 15.37 million USD.
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SOL5.32%
BTC1.05%
03:04

SUI (Sui) has risen 11.99% in the last 24 hours.

Gate News Bot news, on November 25, according to CoinMarketCap, as of the time of writing, SUI (Sui) is currently priced at $1.55, with a rise of 11.99% in the last 24 hours, reaching a high of $1.69 and a low of $1.32. The 24-hour volume has reached $1.073 billion. The current market capitalization is approximately $5.699 billion, an increase of $610 million compared to yesterday. Sui is a blockchain platform focused on providing Web3 experiences, featuring high scalability, security, and low-cost characteristics. Its core features include the use of the Move programming language, zkLogin authentication, and verifiable off-chain computing with Nautilus, dedicated to providing efficient blockchain infrastructure for fields such as gaming, finance, and commerce. Important news about SUI recently: 1️⃣ **New type introduced in the Sui ecosystem
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SUI11.26%
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03:00

Bitcoin mining economy worsens: Computing Power hits new highs but coin price falls

Bitcoin mining is facing profit pressure due to a record high in computing power and a price fall, leading mining companies to approach breakeven. The recoup investment period for mining rigs has extended to over 1200 days, with financing costs rising. Despite mining companies turning to AI and high-performance computing, revenue growth remains limited. JPMorgan has raised target prices for some mining companies, driving stock prices to rise.
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BTC1.05%
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02:54

Spanish bank Renta 4 Banco obtains MiCA license

ChainCatcher news, Spain's Renta 4 Banco has obtained the MiCA license issued by the Spanish National Securities Market Commission (CNMV), becoming the fourth bank in the country to legally buy, sell, custody, and transfer encryption assets. This authorization allows Renta 4 to provide institutional custody, receive and transmit order services, and offers transfer services for all clients for digital assets such as Bitcoin (BTC), Ethereum (ETH), etc. Previously, BBVA was the first to obtain the license in March 2025 and launched Bitcoin and Ethereum trading services; Cecabank and Santander Digital Bank Openbank both obtained authorization in July. In addition, Spain has also authorized Deutsche Bank and France through the MiCA European passport.
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BTC1.05%
ETH2.97%
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02:44

Dexiang Real Estate has raised over 16% through a placement of 70.56 million yuan, of which approximately 30% will be used to support integration into the Web3 ecosystem for strategic transformation and upgrading.

Dexiang Real Estate (00199) announced the issuance of 100.8 million shares to The Reynold Lemkins Group, raising approximately 70.56 million. The proceeds will be used for Web3 transformation, investment in synergistic enterprises, and expanding market coverage, with Liu Haoran as the ultimate beneficial owner.
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02:40

Talus: Launched an LP-based Airdrop mechanism, the pre-registration portal page is online.

PANews, November 25 news, the Talus Foundation announced on the X platform that it will launch an LP-based Airdrop mechanism. Talus will airdrop liquidity positions that can generate yield in the form of yUS Token. yUS is a Fungible Token that encapsulates automated liquidity provision strategies for the US-USDC trading pool on the Momentum DEX through the NODO AI vault. The Talus Token Generation Event (TGE) community airdrop participants include Tally NFT holders (snapshot EDT time November 17 at 10:00), participants from the community center (top 500 ranked in seasons 1, 2, and 3, and holding the Talizen Discord role), participants of the Korea Blockchain Week (KBW) event, Talus.
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USDC-0.01%
KAITO3.12%
02:40

"Fed's Mouthpiece": Allies have paved the way for interest rate cuts, Powell may decide to cut rates but suggests no further cuts in the future.

BlockBeats news, on November 25, "Fed mouthpiece" Nick Timiraos posted on social media that the next Fed meeting can likely be summarized by "WWJD" (What Will Jerome Decide), indicating that the final decision-making power is more firmly in Powell's hands than ever before. Allies have paved the way for Powell, and if he is willing, he can push for a rate cut—then signal that further cuts are unlikely under the current circumstances.
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02:39

RESOLV (Resolv) 24-hour pump 24.75%

Gate News Bot news, on November 25, according to CoinMarketCap's market data, RESOLV is currently priced at $0.15, with a rise of 24.75% in the last 24 hours, peaking at $0.24 and dropping to a low of $0.12. The current market capitalization is approximately $49.3 million, an increase of nearly $9.799 million compared to yesterday. Resolv is a financial layer designed for stable yields, offering transparent dollar products supported by diversified crypto income sources. Its main product, USR, is a crypto-native dollar tool aimed at providing stable returns with no directional market risk. Resolv's modular architecture allows for the allocation of funds to different markets, achieving stable and risk-controlled returns. Additionally, Resolv offers RLP leveraged yield products and curated investment vaults for different risk appetites.
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RESOLV16.29%
02:22

COMMON (COMMON) 24-hour pump 21.18%

Gate News Bot message, on November 25, according to CoinMarketCap data, as of the time of writing, COMMON (COMMON) is currently priced at 0.01 USD, with a 24-hour pump of 21.18%, hitting a high of 0.01 USD and a low retreating to 0.01 USD. The current market capitalization is approximately 17.2 million USD, an increase of 3.01 million USD compared to yesterday. COMMON is a token of a decentralized platform where users can initiate ideas, create communities, participate in voting and competitions, and other activities. The platform supports token issuance, community management, and various interactive features, aiming to provide better community operation tools for Web3 projects. COMMON Recent Important News: 1️⃣ **First Privacy Web Application Launched** The COMMON project has launched its first privacy Web application.
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COMMON7.07%
02:15

December interest rate cut expectations rise, BTC (Bitcoin) briefly breaks through $89,000.

Gate News Bot news, on November 25, according to CoinMarketCap, as of the time of writing, BTC (Bitcoin) is currently priced at 87766.92 USD, with a rise of 0.07% in the last 24 hours, briefly breaking through 89000 USD, and the 24-hour volume reaches 72.311 billion USD. The current market capitalization is approximately 1.75 trillion USD, an increase of 1.196 billion USD compared to yesterday.
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BTC1.05%
02:01

On-chain Whale movements overview: "BTC OG insider Whale" goes long 15,000 ETH, "Maji" goes long ETH worth 13.35 million USD again.

In the past 24 hours, multiple Whales have engaged in active trading on-chain, including depositing large amounts of funds into the HyperLiquid contract and opening long and short positions in ETH and BTC. Additionally, Multicoin Capital has once again increased its holdings in AAVE. Overall, these transactions demonstrate a strong interest and activity in the crypto market. In the current market situation, some positions are facing unrealized losses.
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BTC1.05%
ETH2.97%
HYPE2.6%
USDC-0.01%
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02:01

ARC (AI Rig Complex) rose 34.15% in the last 24 hours.

Gate News Bot news, on November 25, according to CoinMarketCap data, as of the time of publication, ARC (AI Rig Complex) is currently priced at 0.03 USD, rising by 34.15% within 24 hours, with a peak of 0.04 USD and a low of 0.02 USD. The current market capitalization is approximately 33.36 million USD, an increase of 8.55 million USD compared to yesterday. ARC is a cryptocurrency project focused on the field of artificial intelligence. The project has launched a new feature called Ryzome and has several core modules such as Registry, Forge, and Handshake. ARC also includes an experimental Emblem feature and an upcoming Ragtag feature. The project emphasizes its architecture, token economics, and community building while maintaining interaction with users through channels such as blogs.
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ARC31.28%
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01:52

Berachain members: Brevan Howard and other investors have signed the same documents for investment.

Foresight News reported that Smokey The Bera, a member of Berachain, tweeted regarding "documents showing that Berachain granted special refund rights to Nova Digital Fund under Brevan Howard in Series B financing," stating, "The report is neither accurate nor complete. Brevan Howard remains one of Berachain's largest investors. Their investment involves several complex business agreements, but like other investors, they participated in Series B financing under the same documents. Among them, Nova's compliance team requested to add a clause to guard against the situation where Berachain fails to successfully carry out token issuance and go live, as the purchased locks during financing would be affected."
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BERA0.09%
01:43

YALA (Yala) has risen 51.18% in the last 24 hours.

Gate News Bot message, on November 25, according to CoinMarketCap data, YALA (Yala) is currently priced at 0.04 USD, rising 51.18% in the last 24 hours, with a peak of 0.04 USD and a low of 0.02 USD. The current market capitalization is approximately 9.83 million USD, an increase of 3.33 million USD from yesterday. Yala is a Bitcoin liquidity platform that mints $YU stablecoins by over-collateralizing BTC, providing cross-chain liquidity and yields for DeFi protocols, real-world assets, and more. Yala offers true autonomy: self-custody, low liquidation risk, and full Bitcoin exposure. Yala's Lite Mode has now been extended to September 25, with an additional day's interest of 20% APR. Important news about YALA recently: 1️⃣ **YU stablecoin seriously depegged**
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YALA81.82%
BTC1.05%
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01:38

Monad on-chain Launchpad platform announced that it has completed $1.1 million in financing to date.

PANews, November 25, news from the official announcement, Nad.fun has completed $1.1 million in funding to date. The recent seed round was led by Neoclassic Capital, with angel investment from Monad community members, developers, and on-chain traders. Nad.fun is the native Launchpad platform on the Monad chain, designed around community-driven Meme coin mining and leveraged price prediction markets.
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01:31

ETH (Ethereum) rose 5.53% in the last 24 hours, reaching a high of 3167.93 dollars.

Gate News Bot news, on November 25th, according to CoinMarketCap, as of the time of writing, ETH (Ethereum) is currently priced at 2946.92 USD, with a rise of 5.53% in the last 24 hours, reaching a high of 3167.93 USD and a low of 2626.87 USD. The 24-hour volume has reached 31.546 billion USD. The current market capitalization is approximately 355.681 billion USD, an increase of 18.643 billion USD compared to yesterday.
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ETH2.97%
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01:15

The European Central Bank warns of the threat posed by stablecoins, stating that a bank run could impact the $25 trillion U.S. Treasury market.

The European Central Bank report indicates that stablecoins may pose risks to financial stability, especially when investors lose confidence in their redemption capabilities. Tether and Circle, as the largest holders of U.S. Treasury bonds, may trigger a bank run that could lead to the dumping of reserve assets, impacting the $25 trillion U.S. Treasury bond market. Despite pressure on the banking industry, the U.S. continues to support the stablecoin industry, with related regulations like the GENIUS Act aimed at reducing risks.
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USDC-0.01%
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01:13

MON (Monad) has pumped 8.80% in the last 24 hours, with a current market capitalization of approximately $339 million.

Gate News Bot news, on November 25, according to CoinMarketCap data, as of the time of writing, MON (Monad) is currently reported at $0.03, with an 8.80% rise in the last 24 hours, reaching a high of $0.04 and a low of $0.02. The current market capitalization is approximately $339 million, an increase of $27.4 million compared to yesterday. Monad is a next-generation Ethereum-compatible chain that offers a processing capacity of 10,000 transactions per second, sub-second finality, low fees, and scalable decentralization. Monad is fully compatible with EVM at the bytecode level, which means Solidity contracts, EVM addresses, infrastructure, tools, and libraries are all ready to use out of the box. The network has over 200 validators and uses a custom database with lower system requirements, allowing validators to run nodes on consumer-grade hardware.
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MON18.06%
USDC-0.01%
CLANKER-0.09%
00:26

D.O.G.E: The report by Reuters regarding its demise is fake news.

Odaily News D.O.G.E (Department of Efficiency of the U.S. Government) posted on the X platform stating that the reports by Reuters regarding its demise are fake news. The department will resume its routine updates on Friday in a few days. The American people have authorized President Trump to modernize the federal government and reduce waste, fraud, and abuse. Just last week, the department terminated 78 wasteful contracts, saving taxpayers $335 million.
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00:08

Inspired by the founder of WLFI, the nonsensical Meme coin SPSC surged 130% after receiving official endorsement from WLFI.

On Monday, the crypto project World Liberty (WLFI), associated with the Trump family, announced an investment in the Meme coin Sht Pss Skin Can (SPSC), causing the token's price to rise over 143%. SPSC pays tribute to WLFI co-founder Chase Herro, and WLFI's tweet called for buying SPSC, to which Herro expressed support. Currently, the price of SPSC is around $0.0063, with a market capitalization of $6.8 million.
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WLFI0.83%
USD1-0.02%
23:53

Fed's expectations for a rate cut in December have increased, Bitcoin briefly broke through $89,000, and the Nasdaq rose 2.69%.

The Federal Reserve Board of Governors member Waller advocates for a rate cut in December, believing inflation will fall. San Francisco Fed President Daly also supports a rate cut, arguing that the risks in the job market outweigh inflation. CME data shows an 82.7% probability of a rate cut. U.S. stocks rise, and Bitcoin is currently priced at 88,337.13 dollars.
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BTC1.05%
23:47

Bitcoin OG Opens $75M ETH Long Position with 5x Leverage on HyperLiquid

Gate News bot message, A notable Bitcoin OG (10/11) has executed a significant trading move on HyperLiquid, following a $10M USDC deposit. The trader established a leveraged long position in ETH, with details showing the acquisition of 15,000 ETH at an entry price of $2,946. The position's total val
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ETH2.97%
USDC-0.01%
23:12

UBS's securities trading department states that the rotation of capital outflows from US stocks may have come to a pause.

According to Jincai Financial, UBS's trading department believes that the decline in the U.S. stock market may have come to an end, laying the foundation for a year-end rebound. Last week, the stock market experienced a big dump as investors wavered in their expectations for the Fed to further ease policies and withdrew from crowded AI trades. The S&P 500 index and the Nasdaq 100 index fell about 4% and 7%, respectively, from the record highs set in late October, with both dropping to the 100-day moving average. However, as the benchmark index found support at this key technical level, systematic fund dumping has basically calmed down, and market expectations for a rate cut by the Fed next month seem to be back on track. UBS believes there is still room for the stock market to rise. Michael Romano, head of equity derivation at UBS Securities' hedge fund sales, wrote in a report released on Sunday, "We believe the current risk-averse phase has come to an end."
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