The U.S. Department of Justice announced the seizure of 127,000 bitcoins, worth $15 billion, from Cambodian businessman Chin Chee, sparking global discussion in what has been the largest cryptocurrency seizure in history.

In response to market disclosures that Nakamoto, a Nasdaq-listed Bitcoin treasury company, had sold 367 bitcoins, CEO David Bailey clarified on the X platform that these bitcoins were used for equity investments in digital asset treasury companies, including Metaplanet, Treasury, and Future. Therefore, it was not a true "sale," meaning that the bitcoin balance on the company's balance sheet did not reflect the value of these equity investments.

UniSat, a Bitcoin ecosystem service provider, announced that the second phase of its community liquidity support program, LP Match, for InSwap, an open-source AMM DEX built natively on Bitcoin and Fractal, will officially launch at 16:00 Beijing time on November 24th. This phase of the program will provide support of up to 500,000 FB (Fund of Liquidity). The program employs a liquidity matching mechanism; when a designated liquidity pool reaches a preset growth target, the platform will automatically add an equivalent amount of liquidity to that pool proportionally. Previously, UniSat added 200,000 FB equivalent of liquidity to the community in the first phase of LP Match. In addition, over the past year, UniSat has repurchased 200,000 FB from the market and rewarded liquidity providers through four rounds of incentive programs. UniSat has committed to investing a total of 1 million FB in InSwap liquidity support programs to support community trading pair liquidity through support and direct additions.

Ki Young Ju, founder and CEO of CryptoQuant, stated on the X platform that Strategy would only go bankrupt if an asteroid hit Earth. He argued that Michael Saylor's claim of selling Bitcoin needs evidence, otherwise it's nonsense. He stated that Michael Saylor will not sell Bitcoin unless approved by Strategy shareholders, a point he has repeatedly made clear, because selling even a single BTC would damage the company's reputation and trigger a "death spiral" for both Bitcoin and Strategy. Ki Young Ju added that failing to convert debt on time does not equate to liquidation. Strategy has multiple ways to address this, such as refinancing, issuing new notes, obtaining secured loans, or using operating cash flow. It could also issue new shares to pay dividends or raise funds by pledging Bitcoin. Therefore, there is no real risk of liquidation or bankruptcy. He concluded by stating that even if the price of Bitcoin falls to $10,000, Strategy will not go bankrupt, but will simply undergo debt restructuring, nothing more.

While aPriori dismissed the claims related to insider activity, investors are still awaiting more details on the Sybil cluster that claimed 60% of the airdrop across 14,000 wallets. source: https://cointelegraph.com/news/apriori-dismisses-insider-airdrop-questions-unanswered?utm_source=rss_feed&utm_medium=rss%3Fttl%3D0%26_refresh%3Dpab7wo&utm_campaign=rss_partner_inbound

Opendoor fell in premarket after new data showed a stalled housing market, further straining the company’s inventory-heavy model. source: https://tokenist.com/why-is-opendoor-open-falling-in-premarket-today/?utm_source=rss&utm_medium=rss&utm_campaign=why-is-opendoor-open-falling-in-premarket-today

According to 8marketcap data, Bitcoin has been surpassed by the Vanguard Total Stock Market ETF and Saudi Aramco, falling to tenth place in global asset market capitalization. Data shows that Bitcoin's current market capitalization has dropped to $1.649 trillion, a 9.71% decrease in the last 24 hours and a 13.89% decrease over the last 7 days.

Google faces criticism after the Gmail feature allowed Gemini to access inboxes. source: https://www.cryptopolitan.com/gmail-feeds-gemini-ai-by-default/

Recommended reading tonight: 1. Market continues to decline: What's happening with whales, DAT, and ETFs?; 2. US stocks experience an epic plunge, Bitcoin is severely impacted: What's going on in the market?; 3. Privacy renaissance: The next era for blockchain.

Animoca Brands announced a strategic cooperation Memorandum of Understanding (MOU) with Nasdaq-listed Hang Feng Technology, aiming to promote the latter's RWA ecosystem and support the distribution of RWA tokens. The two companies will reportedly establish an RWA treasury on the on-chain treasury marketplace NUVA and also plan to jointly produce Web3 educational content. (PRNewswire)

Re7 Labs released an update on the xUSD de-pegging incident, stating that it has hired the law firm Pillsbury Winthrop Shaw Pittman to investigate the situation and advise on formal legal options, including asset recovery. Previously, they had contacted Stream Finance and Stables Labs multiple times, but received no satisfactory responses. The lawyers have served legal notices to the relevant parties, demanding repayment and preservation of evidence. Currently, the Morpho Worldchain sdeUSD position has been fully restored, and the vault risk exposure has been reduced by more than 50%.

Bitwise analyst André Dragosch says Bitcoin’s “max-pain” zone sits between $73K and $84K, the cost bases of Strategy and BlackRock’s IBIT ETF. source: https://cryptonews.com/news/bitcoins-max-pain-zone-sits-between-73k-and-84k-analyst-says/

US stocks plunged, Hong Kong stocks plummeted, and A-shares followed suit. Bitcoin once fell below $86,000, and even safe-haven gold continued to decline.

The Fusaka upgrade marks a pivotal moment in Ethereum's development, introducing a roadmap guided by clear strategic priorities.

For the past decade, everyone has been asking the same question: "Will blockchain disrupt SWIFT?"

Civilization is undergoing a shift in its matrix: from the atomic age to the bit age.

From the halving in April 2024 to reaching a new high of $120,000 in October 2025, Bitcoin took nearly 18 months to complete.

From "each doing their own thing" to "unified standards," this article explains the technical path and ecosystem impact of Ethereum Native Rollups.

The crypto market is experiencing a continuous decline. What's happening with whales, DAT, and ETFs? Jinse Finance reports: How are the once-glorious big players faring now?

Despite the continued downturn in the crypto market, the development of the altcoin ETF market has not come to a standstill.