News

Market Overview

China’s consumer price inflation accelerated in November and factory gate prices continued to fall, data from the National Bureau of Statistics revealed on Wednesday.
A report released by the Conference Board on Tuesday showed a continued decrease by its reading on leading U.S. economic indicators in the month of September, with the leading economic index falling by 0.3 percent in September, matching an upwardly revised dip in August.
The president rolled out a $12 billion bailout for farmers as he makes the case that his policy is working — or will soon, amidst growing concerns over affordability due to tariffs.

US Spot ETF Flows

US BTC Spot ETF Flows

US ETH Spot ETF Flows

Crypto Liquidations Summary

• Retail “shrimp” investors (≤1 BTC) daily Binance inflows collapsed from ~2,675 BTC in late 2022 to just 411 BTC, a record low that analysts view as part of a broader structural shift in the Bitcoin market amid the ETF era and emerging whale-driven price dynamics.
• PNC becomes the first major US bank to offer spot bitcoin trading on its digital platform, starting with private bank clients.
• Bitwise’s crypto index fund moves to NYSE Arca from OTC markets where it will trade as an exchange-traded product, the company announced.
• Ethereum fees fell 62% amid weaker base-layer demand, but ETH remains supported by strong layer-2 growth, balanced futures positioning, and macro tailwinds—even as traders worry that sluggish network activity could limit short-term upside.
• Strive, co-founded by Vivek Ramaswamy in 2022, launches a $500 million preferred stock offering to acquire more bitcoin and related products.
• Holding over 43,500 BTC worth more than $4B, Twenty One Capital (XXI) still saw its highly anticipated SPAC debut slump nearly 20%, opening below expectations and closing at $11.42 before a small after-hours rebound, despite backing from Tether, Bitfinex, SoftBank, and CEO Jack Mallers.