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Market sentiment in the crypto space remains fragile; even the positive news of the "U.S. government shutdown" ending failed to trigger a meaningful rebound in bitcoin.
Market sentiment in the crypto space remains fragile; even the positive news of the "U.S. government shutdown" ending failed to trigger a meaningful rebound in bitcoin.

After last month's sharp drop, Bitcoin's rebound has been weak. Despite traditional risk assets rising due to the US government reopening, Bitcoin has failed to break through a key resistance level, and ETF inflows have nearly dried up, highlighting a lack of market momentum.

ForesightNews·2025/11/12 03:12
By winning the championship with Faker, he earned nearly $3 million.
By winning the championship with Faker, he earned nearly $3 million.

Faker's sixth championship also marks fengdubiying's legendary journey on Polymarket.

BlockBeats·2025/11/12 02:22
Warren Buffett's "Last Letter" in Full: "I Was Just Lucky," But "Father Time" Has Caught Up
Warren Buffett's "Last Letter" in Full: "I Was Just Lucky," But "Father Time" Has Caught Up

Buffett concluded his legendary 60-year investment career with the British expression "I'm 'going quiet'" in his letter.

ForesightNews·2025/11/12 02:21
Flash
  • 06:05
    VCI Global plans to spend 100 million USD to acquire Oobit tokens (OOB) from the Tether-backed crypto payment company Oobit
    ChainCatcher reported that Malaysian technology consulting firm VCI Global plans to acquire $100 millions worth of OOB tokens. OOB is a utility token issued by Oobit, a crypto payment company backed by Tether. According to the transaction structure, VCI Global has already acquired $50 millions worth of OOB tokens by issuing restricted shares to the OOB Foundation. The company stated on Tuesday that it plans to purchase an additional $50 millions worth of tokens on the secondary market after the public offering of the token. VCI Global said that upon completion of the transaction, Tether will become its largest shareholder.
  • 04:52
    The US House of Representatives will vote at 5 a.m. tomorrow to decide whether to end the government shutdown, while several altcoin ETFs are awaiting SEC approval to be listed.
    BlockBeats News, November 12, the U.S. House of Representatives will vote tonight on whether to end the ongoing 42-day U.S. government shutdown. (Wednesday 4:00 PM Eastern Time, which is Thursday 5:00 AM Beijing Time) Once the government reopens, the market will gain access to clear data, which may to some extent eliminate the current pessimistic uncertainty. Previously, the U.S. Senate approved a bill to end the government shutdown on the morning of the 11th (Beijing Time), and has forwarded it to the House of Representatives. It is worth noting that currently, several spot ETF products for altcoins have already been listed on the DTCC (Depository Trust & Clearing Corporation) website, including XRP ETFs from five issuers such as Franklin and Bitwise, as well as 21Shares' Polkadot ETF, DOGE ETF, Sui ETF, and Bitwise's Chainlink ETF. Although this does not indicate that the ETF has received any regulatory approval or any definitive outcome of the approval process, listing on the DTCC website is considered a "standard procedure" for launching new ETFs. In addition, Canary has submitted an 8-A form for its XRP spot ETF, which is the final step before its application becomes effective. Once approved for listing by Nasdaq, the first XRP spot ETF may officially launch at the opening on Thursday. Institutions such as Swiss crypto banking group Sygnum have analyzed that investors are looking forward to the end of the government shutdown, which could prompt the U.S. SEC to "approve a batch" of altcoin ETFs, thereby catalyzing "a new wave of institutional capital inflows."
  • 04:52
    Arthur Hayes: May Consider Increasing Holdings if ZEC Drops to the $300-$350 Range
    BlockBeats News, on November 12, a co-founder of a certain exchange, Arthur Hayes, posted on social media that his total principal invested in ZEC has not yet reached his target position. If the price drops to the $300 to $350 range, he may consider increasing his holdings.
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