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1Bitget 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 contracts2Bitcoin final leverage flush below $80K is possible, warns analyst3Bitcoin price risks decline below $80K as fears of ‘MSTR hit job’ escalate
Flash
- 22:44BIS warns of liquidity risks in tokenized money market fundsJinse Finance reported that the Bank for International Settlements (BIS) has released a briefing stating that tokenized money market funds (MMFs) face liquidity mismatch risks between daily redemptions and T+1 settlements, which become particularly prominent under market stress. However, industry solutions have already emerged. For example, Broadridge's DLR system enables intraday transfer and monetization of government bonds, providing a technological pathway to alleviate liquidity mismatches.
- 22:44YZiLabs: Plans to Expand the BNC Board of DirectorsJinse Finance reported that YZiLabs has submitted a preliminary consent statement to the US SEC, proposing to expand the board size of Nasdaq-listed company CEA Industries Inc. (BNC) and elect several new directors through a written shareholder consent solicitation. YZiLabs stated that its investment in BNC is based on confidence in the company's fundamentals, its BNB-centric Digital Asset Treasury (DAT) strategy, and its potential to become a "category-defining DAT company." However, since completing a $500 million PIPE financing this summer, BNC's stock price performance has clearly diverged from this logic, even though BNB's price has seen a considerable increase during the same period. YZiLabs said it will soon announce the specific list of board candidates, aiming to unlock the company's potential value through stronger board governance without undermining BNC's Digital Asset Treasury vision.
- 22:44Analysis: Global inflation drives increased cryptocurrency adoptionJinse Finance reported, citing Cointelegraph, that many countries continue to face high inflation pressures, prompting both the public and governments to turn to cryptocurrencies as alternative solutions. Venezuela's inflation rate is as high as 172%, Argentina's is 31.3%, Turkey's is 32%, Iran's is 45.3%, and Bolivia's is 22.23%. The cryptocurrency trading volume in these countries has grown significantly.