November 19th, glassnode released an on-chain analysis indicating that Bitcoin has dropped below the 0.75 Cost Basis Quantile, a level historically considered a bear market zone.Throughout past cycles, reclaiming and holding above this level has been crucial for restoring a bullish market structure. Bulls are hoping to see Bitcoin reclaim this level.

November 19, according to official sources, the cryptocurrency exchange Kraken has listed OVERTAKE (TAKE) spot trading.

November 19, according to Cointelegraph, Strategy founder Michael Saylor is unconcerned about the impact of Wall Street entering the Bitcoin market on price and volatility. In an interview on Tuesday, Michael Saylor stated: "I believe that Bitcoin volatility has significantly decreased." He mentioned that when he started buying Bitcoin for Strategy in 2020, the annualized volatility was around 80%. Since then, the Bitcoin volatility has been decreasing and is currently around 50%.He mentioned that Bitcoin's volatility may further decrease by about 5 percentage points every few years. As the asset matures, Bitcoin's volatility will approach 1.5 times that of the S&P 500 index, while the "performance will be 1.5 times better than the S&P 500." Furthermore, Michael Saylor stated that he is not worried about Bitcoin experiencing a more significant drop, as the company is designed to withstand a 80% to 90% drawdown and still operate normally.

November 19th, the MGBX platform announced that it will launch a "Seven-Day Profit Bonus" limited-time event from November 20th to November 26th, 2025 (SGT), open to all users. During the event, users participating in contract trading can share a total of 9,000 USDT in rewards.Among them, a $6,000 USDT profit bonus will be distributed in order of closing positions, where eligible orders will receive an additional 5% profit bonus; additionally, a $3,000 USDT trading enthusiasm reward will be allocated based on users' cumulative trading volume rankings.

November 19, according to HTX market data, Ethereum dropped below $3,000, with a 24-hour loss of 0.2%.

November 19th, OpenSea announced in a post on X platform that the Wave 2 phase rewards have been distributed. Some participants may receive NFT and token rewards, while active users will receive rewards such as upgraded loot boxes. The Wave 3 phase is now live.

November 19th, according to Coinglass data, if Bitcoin falls below $90,000, the cumulative long liquidation intensity of mainstream CEXs will reach 738 million.Conversely, if Bitcoin breaks above $92,000, the cumulative short liquidation intensity of mainstream CEXs will reach 179 million.BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring clusters, that is, intensity.Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity surge once it reaches that level.

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.