November 20th, according to market data, the Nikkei 225 Index extended its gains to 3.0% and closed at 49,983.76 points. The South Korean KOSPI Index opened higher on November 20th (Thursday), up 105.54 points, a 2.69% increase, to 4,035.05 points.

November 20th. This morning, Nvidia (NVDA.O) announced its Q3 revenue for the fiscal year 2026 of $57 billion, compared to $35.082 billion in the same period last year, with the market expecting $54.923 billion. It is also projected that Q4 revenue for the fiscal year 2026 will be $65 billion, with the market expectation at $61.6 billion. The chip sales growth rate at the core of the artificial intelligence boom exceeded Wall Street's expectations, and the strong quarterly revenue forecast has led investors to believe that the AI investment frenzy will continue. Nvidia CEO Jensen Huang stated, "I haven't seen an AI bubble." The market rebounded after Nvidia's financial report was released, with Bitcoin rising to $91,500, Ethereum rising to $3,000, Nvidia's stock surging over 5% in after-hours trading, and Nasdaq futures up 1% on Thursday.Additionally, the Federal Reserve released the minutes of its October meeting this morning, revealing a divergence among policymakers on whether to cut interest rates in December. Some participants opposed a rate cut, intensifying the internal divisions within the Fed. The expectation for a rate cut in December has significantly cooled, as there were no key data references available before the meeting, leading the market to estimate the probability of a December rate cut dropping to 31.6%.The minutes showed: "Many participants favored lowering the target range for the federal funds rate," but at the same time, it was noted that some members who supported a rate cut also found maintaining the rate unchanged acceptable. Several officials directly opposed a rate cut, expressing concerns about the committee's progress toward achieving the 2% inflation target being stalled and suggesting that if inflation did not return to 2% promptly, long-term inflation expectations might rise. A majority of participants indicated that further lowering the policy rate could exacerbate the risk of sustained high inflation or be misinterpreted by the market as a lack of determination by policymakers to achieve the 2% inflation target. These minutes reflect officials' efforts to seek consensus in the absence of key data: balancing the dual risks of rising inflation and a weak job market, and warning that a "sharp reassessment" of AI investment by the market could lead to "disorderly stock market declines."

November 20, according to an official announcement from Coinbase, Aster (ASTER) spot trading will be launched on November 20, 2025. If liquidity conditions are met and trading is supported in the region where trading requirements are met, the ASTER-USD trading pair will start trading at 9:00 AM Pacific Time or later.

November 20th, Circle announced that its tokenized currency market fund USYC has been launched on the BNB Chain, allowing eligible developers and traders to utilize and earn yield in DeFi protocols.

November 19, according to Onchain Lens monitoring, BlackRock deposited 6,300 Bitcoins (valued at $5.7633 billion) and 64,706 Ethereum (valued at $1.9973 billion) into Coinbase.

November 19th, cryptocurrency exchange Bullish reported a Q3 adjusted revenue of $76.5 million, with earnings of $0.10 per share. (Sina Finance)

November 19th, according to market data, Nvidia's stock price rose 1.1% in pre-market trading.Earlier reports stated that Nvidia will release its earnings report tomorrow at 5:00 AM Beijing time after the U.S. stock market closes.

November 19th, according to Reuters, U.S. senators will press Michael Selig on Wednesday on a range of sensitive topics, including his plans for reforming cryptocurrency regulation and regulating election betting. Selig is Trump's nominee for chairman of the Commodity Futures Trading Commission (CFTC).Selig currently serves as the chief legal officer of the SEC's Cryptocurrency Task Force and as an advisor to Republican SEC Chairman Paul Atkins, appointed by Trump.

November 19th, according to official sources, Bitget has partnered with La Liga to launch a new series of promotional videos, featuring Atletico Madrid star Julián Álvarez.This series will interpret Bitget's "Trade Smarter" concept from the perspective of top athletes, focusing on its three core highlights: Onchain Trading, the intelligent trading assistant GetAgent, and the Universal Exchange (UEX).The first video released, themed around Onchain Trading, demonstrates how users can access millions of onchain tokens through their Bitget account and quickly capture onchain opportunities using AI-driven Onchain Signals.

November 19th. According to The Block, analysts have stated that the current market situation reflects a "disrupted fund flow pattern" — with short-term holders and Wall Street investors engaging in massive sell-offs, while long-term holding wallets (commonly referred to as "whales") are slowly and steadily accumulating.BRN Research Director Timothy Misir mentioned that Bitcoin is at a "crossroads," as large holders are increasing their positions, while retail and short-term buyers continue to experience significant losses. Misir pointed out that recently, about 31,800 BTC has been moved to exchanges in a loss state, and the number of wallets holding over 1000 BTC has increased by 2.2% — the fastest pace in four months.This rotation is occurring against the backdrop of ongoing ETF outflows. Misir believes that the institutional lack of absorption for BTC and ETH is amplifying the impact of the market-wide deleveraging, trapping Bitcoin in a narrow range of around $90,000. Meanwhile, the macro environment is not providing support, but rather volatility in both directions.Misir from BRN stated that the market is currently in a highly sensitive state, where any new data could trigger a strong reaction. Both rate cuts and delays scenarios have coexisted and been effective in the last six weeks of the year, and any new macroeconomic surprises could quickly change market positions, triggering sharp fluctuations in the crypto market.