November 19th, according to HTX market data, Bitcoin fell below $91,000, with a 24-hour change of 0.88%.

November 19th, according to the well-known media personality Wu Shuo, the $1 billion Ethereum Treasury Plan led by Li Lin, Xiao Feng, Shen Bo, Cai Wensheng, and others has been put on hold, and the funds raised have been returned. This plan was the largest DAT led by Asian investors. Insiders speculate that the main reason for the suspension was the bearish market trend after the 1011 incident, with many DAT companies' stock prices experiencing a significant decline recently. As for whether the plan will be restarted, those involved have stated that they will prioritize the interests of investors. The current situation is still under market observation, waiting for the right timing.It is reported that the current mainstream Ethereum Treasury (DAT) companies have all fallen below an mNAV of 1, with Bitmine dropping to 0.86 and SharpLink dropping to 0.85.Earlier, according to Bloomberg, Li Lin was collaborating with Shen Bo, Xiao Feng, and Meitu founder Cai Wensheng, among others, early Ethereum supporters in Asia, to establish a new digital asset trust fund with plans to initially purchase approximately $1 billion worth of ETH. The team is in talks to acquire a Nasdaq-listed shell company for structural setup, with funding including $200 million from Li Lin's Avenir Investment Company and around $500 million from Asian institutions like Sequoia China.

November 19th, Strike founder Jack Mallers posted, stating, "The core of this collapse is not the asset, but the currency. The default is through inflation, and Bitcoin is the only market honest enough to intuitively reflect this. In a fiscally dominant environment, holding a better currency is essentially shorting the system. Buy the dip, because the true failure is the currency itself."

November 19th, Zora announced, "Today, we injected $11 million in liquidity from the treasury into the ZORA-USDC pool on Uniswap v3."

November 19th, according to HyperInsight monitoring, the "Long Shitcoin Basket" whale (0xa2c) implemented a strategy to long 22 shitcoins during the market downturn on the 17th, resulting in an overall unrealized loss of $870,000 for the account, with a total position size of approximately $25.58 million.Currently, the slightly profitable positions are: ASTER with a $130,000 unrealized profit (69%); STRK with a $180,000 unrealized profit (100%).The position with the largest loss percentage is: PUMP with a $130,000 unrealized loss (-75%); PROMPT with a $290,000 unrealized loss (-104%).This address previously deposited $3.617 million to Hyperliquid, subsequently opened long positions for 22 shitcoins, and currently has one STRK position showing a $100,000 loss.

November 19th, according to Farside monitoring data, yesterday the net outflow of the US Bitcoin spot ETF was $372.8 million, with BlackRock's BIT net outflow of $523.2 million.The net outflow of the Ethereum spot ETF was $74.2 million, with BlackRock's ETHA net outflow of $165.1 million.

November 19, according to CME's "FedWatch" data, the probability of a 25 basis point Fed rate cut in December is 48.9%, while the probability of rates being unchanged is 51.1%.

November 19th, according to HyperInsight monitoring, the largest bear on ASTER on Hyperliquid (0xa31) is holding a 5x leveraged ASTER short position with a position size of approximately $11.08 million, an average price of $1.2, and an unrealized loss of $1.33 million (58%).According to monitoring, another "CZ Nemesis" whale (0x9ee), who was previously reported, had significantly increased their short position after CZ's ASTER purchase on November 2nd, briefly becoming the largest ASTER short holder at that time. However, this whale closed their ASTER short position of $44 million on the 17th to break even and has now shifted to ETH long trades, currently holding the largest ETH long position on Hyperliquid.

November 19th, Perp DEX aggregator Liquid announced the launch of the first season of its points reward program. Starting from November 18th, 100,000 points will be allocated weekly, and users can earn points through trading, maintaining fund deposits, and other means.Previously reported, on November 4th, Liquid completed a $7.6 million seed round financing with lead investment from Paradigm, participation from General Catalyst, and several angel investors.

November 19, according to The Wall Street Journal, sources revealed that Musk's AI company xAI is in deep negotiations, planning to raise $15 billion at a valuation of $230 billion. This valuation represents a significant leap from the $113 billion valuation disclosed when it merged with Musk's social platform X in March of this year.Sources said that Musk's private wealth manager, Jared Birchall, disclosed the financing terms to investors on Tuesday evening. It is currently unclear whether this valuation is pre-money or post-money. CNBC reported on xAI's financing plans last week. After this report was published, Musk replied to a user's post on X about the news with "fake," sparking speculation. It is reported that after concluding government affairs in the United States, Musk has shifted his focus to xAI, dedicating himself to making it a key player in the global AI field. (Golden Finance)