According to Foresight News, Glassnode has reported that Solana's price stands at $126.9, with approximately 79.6% of its circulating supply, or around 478.5 million SOL, currently in a loss position. This highlights the extent to which the market structure had become top-heavy prior to the recent contraction.

null source: https://x.com/solidintel_x/status/1992862858271666443

This cycle may last longer than people expect because it is no longer driven by halving, but by broader macroeconomic factors and interest in the assets themselves.

According to the official announcement, Gate Web3's BountyDrop launched the KvantsAI airdrop event today. Users can participate in the tasks through the BountyDrop module on the Gate Web3 App's "Gateway" page. 2,000 participants will be randomly selected from all those who complete the tasks to share $15,000 KVAI points. In addition, Gate Swap launched the "Liquidity Pioneer Program" from November 13th 19:00 to December 2nd 19:00 (UTC+8). This program features dual incentives: 1. Encouraging projects to create new liquidity pools and operate them stably; qualified participants will receive official GT rewards. 2. A TVL tiered challenge for LP holders; top-performing pools will win up to $10,000 worth of Meme tokens airdrops and ecosystem support. Notably, the airdropped tokens for this event will be funded by Gate Web3 and purchased on the open market at real-time prices via Gate Swap. Distribution will then be based on LP (Limited Partner) share proportions, injecting real market liquidity and long-term value into high-quality projects. Gate Web3 is an industry-leading multi-chain crypto wallet, providing a one-stop connection to 100+ public chains, millions of assets, and tens of thousands of DApps, delivering a professional-grade Web3 experience and offering optimal solutions for every Web3 need. BountyDrop is a dedicated earning activity section on the Gate Web3 discovery page, where users can complete simple tasks for a chance to win rewards or participate in a lottery to obtain airdropped tokens.

Market news: Thai cryptocurrency exchange Bitkub is considering an initial public offering (IPO) in Hong Kong. Bitkub may launch its IPO in Hong Kong as early as next year, aiming to raise approximately $200 million. (Jinshi)

According to on-chain analyst Ai Yi, an address (0xa2c...3126) that went long on a basket of altcoins has seen its unrealized losses widen to $4.06 million. Of the 22 tokens in its portfolio, only LINEA is currently showing a profit, while the rest are in the red. The largest position, HYPE, is worth $4.64 million, with an unrealized loss of $1.303 million.

حافظ الدولار الأمريكي على استقراره أمام الدينار العراقي خلال جلسة التداول الأخيرة، حيث أغلق عند 1310. 0000 دينار، منخفضًا بمقدار طفيف 0. 3418 دينار فقط، أي بنسبة 0. 03% source: https://www.tradersup.com/%d8%aa%d8%ad%d9%84%d9%8a%d9%84%d8%a7%d8%aa-%d9%81%d9%86%d9%8a%d8%a9/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d9%81%d9%86%d9%8a-%d8%af%d9%8a%d9%86%d8%a7%d8%b1-%d8%b9%d8%b1%d8%a7%d9%82%d9%8a-%d8%a7%d9%84%d8%af%d9%88%d9%84%d8%a7%d8%b1-iqd-usd/%d8%a3%d8%b3%d8%aa%d9%82%d8%b1%d8%a7%d8%b1-%d9%85%d9%84%d8%ad%d9%88%d8%b8-%d9%81%d9%8a-%d8%ad%d8%b1%d9%83%d8%a9-%d8%a7%d9%84%d8%b2%d9%88%d8%ac-%d9%88%d8%b3%d8%b7-%d8%aa%d8%af%d8%a7%d9%88%d9%84%d8%a7/149398

The Bitcoin price crash has been described as a "terrible, horrible, no good, very bad month" for the crypto sector. source: https://cryptonews.com/exclusives/bitcoin-price-crash-sparks-brutal-crypto-articles-in-the-media/

A short but busy week lies ahead on the United States economic calendar, with all eyes on key inflation reports. source: https://cryptopotato.com/3-things-that-could-impact-crypto-markets-in-week-ahead-6/

Bitcoin has fallen more than 30%, cutting the estimated value of Satoshi Nakamoto’s holdings from $137 billion to around $95.8 billion. The decline makes the pseudonymous creator the 20th richest person in the world, with their coins remaining largely untouched for over 15 years.

شهد زوج الدولار الأمريكي مقابل الشيكل الإسرائيلي بعض الضغوط البيعية خلال التداولات الأخيرة، حيث أغلق الزوج السعر عند مستوى 3. 2707 شيكل، منخفضًا بنسبة 0. 47%. وجاءت هذه الحركة وسط تذبذب يومي ملحوظ، حيث تراوح السعر بين 3 source: https://www.tradersup.com/%d8%aa%d8%ad%d9%84%d9%8a%d9%84%d8%a7%d8%aa-%d9%81%d9%86%d9%8a%d8%a9/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d9%81%d9%86%d9%8a-%d8%b4%d9%8a%d9%83%d9%84-%d8%a5%d8%b3%d8%b1%d8%a7%d8%a6%d9%8a%d9%84%d9%8a-%d8%a7%d9%84%d8%af%d9%88%d9%84%d8%a7%d8%b1-ils-usd/%d8%aa%d8%b1%d8%a7%d8%ac%d8%b9-%d9%85%d8%ad%d8%af%d9%88%d8%af-%d9%88%d8%ad%d8%b1%d9%83%d8%a9-%d8%aa%d8%a8%d8%ad%d8%ab-%d8%b9%d9%86-%d8%a7%d8%aa%d8%ac%d8%a7%d9%87-%d9%88%d8%a7%d8%b6%d8%ad/149394

Binance futures trading volume has seen a massive increase across major assets. Meanwhile, Deribit options data indicate that traders are adopting protective strategies, notably through heavy put purchases and large-scale call selling by entities. Together, this suggests that the market is entering a high-volatility phase, where the next move is likely to be large, and options traders are leaning defensively. Crypto Derivatives Traders Position for Big Move With Futures and Puts Activity The cryptocurrency derivatives market witnessed a notable shift in late November source: https://beincrypto.com/crypto-derivatives-market-binance-futures-november-2025/

Cameron and Tyler Winklevoss are making a major wager on Zcash (ZEC), after launching a digital asset treasury (DAT) seeded with $100 million to accumulate Zcash, a privacy-centric fork of Bitcoin’s codebase. Their goal: collect up to 5% of Zcash’s circulating supply, with the fund already holding 233,644 ZEC.

According to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 69.4%, while the probability of keeping rates unchanged is 30.6%.

There's a prevailing opinion or logic in the market that the crypto market is driven by the US stock market, the US stock market by the AI ​​revolution, and AI by Nvidia's performance. Although Nvidia's earnings report exceeded expectations, there are still many bearish views.

New York Fed President Williams' remarks were interpreted as a signal of consensus among high-level officials, leading to a significant revision of market expectations. Economists point out that the three most influential officials have formed a strong camp supporting interest rate cuts, which is unlikely to be shaken.

What we are witnessing now is a direct confrontation between two competing monetary systems.

The United States has opened a federal investigation into Bitmain, the Chinese giant that controls 80% of the Bitcoin mining hardware in America, literally shooting itself in the leg.

Bitcoin Core v30 removed the OP_RETURN restriction, and everyone's saying it's because the "Ordinals inscription restriction is invalid." The real reason isn't Ordinals at all; it's BitVM. This story is more important than the Ordinals narrative.

A specially crafted delegation transaction caused Cardano’s network to split into two conflicting chains, disrupting exchanges, DeFi apps, and users. Developers quickly deployed emergency fixes, restored consensus, and confirmed that no user funds were lost.