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

Bitget App

Trade smarter

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.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- Naver and Dunamu’s $6.8B merger creates a $13.6B fintech entity to boost AI/blockchain integration, targeting global financial infrastructure innovation. - The merged firm plans a Korean won-pegged stablecoin to challenge US dollar-backed tokens, aligning with national sovereignty goals but facing Bank of Korea regulatory barriers. - A $7B investment in AI/blockchain research and talent aims to position South Korea as an Asian tech leader, despite stalled legislation and global stablecoin liquidity gaps.

Bitget-RWA•2025/11/27 04:52

South Korea’s Naver and Dunamu Join Forces to Take On US Stablecoin Leaders Through AI and Blockchain Innovation

Bitcoin Updates: Nasdaq Brings Bitcoin Derivatives into the Mainstream by Raising Trading Limits

- Nasdaq ISE proposes expanding IBIT options limits to 1M contracts, aligning with major ETFs to boost Bitcoin derivatives liquidity. - IBIT's 44.6M daily volume and Deribit-surpassing open interest justify the increase, addressing institutional demand for hedging tools. - Experts praise the move for enabling structured products and capital allocation, with SEC seeking public comments until December 17, 2025. - The change signals Bitcoin's integration into mainstream finance, potentially enhancing market e

Bitget-RWA•2025/11/27 04:52

Bitcoin Updates: Nasdaq Brings Bitcoin Derivatives into the Mainstream by Raising Trading Limits

Reese Witherspoon: Women Should Manage Their Own Finances to Prevent Money Problems

- Reese Witherspoon advocates for women's financial literacy, sharing personal struggles with debt and divorce to highlight systemic economic inequities. - She emphasizes avoiding debt and financial dependence, urging women to prioritize careers as "life insurance" against relationship or career disruptions. - Witherspoon's $900M media company and mother's financial hardships inform her mission to empower women through practical financial education and independence. - Her advocacy aligns with global gender

Bitget-RWA•2025/11/27 04:52

Reese Witherspoon: Women Should Manage Their Own Finances to Prevent Money Problems

Bitcoin Updates: Pressure on Bitcoin Miners Signals Potential Upward Price Shift

- Bitcoin surged to $91,950 on Nov. 26, with mining costs near breakeven at $83,873, signaling a potential price inflection point . - Miner margins fell to 4.9% as hash prices dropped below $35/PH/s, extending equipment payback periods beyond 1,200 days. - China's mining share rebounded to 14% amid cheap energy, while institutional holdings like KindlyMD's 5,398 BTC highlight growing adoption. - A declining NVT ratio below its low band suggests imminent consolidation, though macro risks like rising rates c

Bitget-RWA•2025/11/27 04:52