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1Bitget Daily Digest (Nov 19) | SEC Removes Special Section on Digital Assets; Bitcoin Drops Below $90,000 with Over 170,000 Traders Liquidated; Solana ETF Launches Today2Bitcoin finally bounces, outpacing stocks ahead of Nvidia earnings: Will the BTC rally hold?3ETH falls into ‘buy zone,’ but volatility-averse traders take a wait-and-see approach
Flash
- 13:08Summary of Important Developments on the Evening of November 1912:00 (UTC+8) - 21:00 (UTC+8) Keywords: Strategy, Ondo, Vitalik, Malaysia 1. The US Senate may advance the crypto bill in December 2. BlackRock's IBIT saw a record single-day outflow of $523 million 3. Strategy's Executive Vice President sold 5,200 shares of MSTR stock, worth $1.04 million 4. Ondo received EU approval to offer tokenized stocks and ETFs across Europe 5. Vitalik: Quantum computing may break elliptic curve cryptography before the 2028 US presidential election 6. Malaysia's national power company Tenaga Nasional lost over $1 billion due to electricity theft from crypto mining
- 12:59After the implementation of Kenya's new cryptocurrency law, a BTC ATM appears in a Nairobi mallChainCatcher news, according to Cointelegraph, several large shopping malls in Nairobi have installed ATMs branded as “Bankless Bitcoin” just days after Kenya implemented its first comprehensive cryptocurrency law, providing local residents with cash-to-cryptocurrency exchange services. Previously, it was reported that on November 4, Kenya implemented the “2025 Virtual Asset Service Providers Act,” which is the country’s first formal licensing framework for crypto platforms such as wallet operators, exchanges, and custodians.
- 12:58Standard Chartered firmly believes the Fed will cut rates in December: Non-farm payroll data is likely to be very weakJinse Finance reported that although there were serious disagreements among Federal Reserve policymakers before the December meeting, Standard Chartered Bank stated that this is unlikely to prevent the Fed from continuing to cut interest rates, and warned that the expected weakness in the job market will continue to dominate the direction of monetary policy. Steve Englander, Global Head of G10 FX Research and North America Macro Strategy at Standard Chartered Bank, said in a recent report: "We maintain our view that the FOMC will cut rates in December, mainly because we believe that employment data from September to November is likely to be very weak, which should be enough to push the Fed's centrists toward the rate-cutting camp." (Golden Ten Data)