News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
In-depth explanation of the "Full Node Reversion" vision: From ZK-EVMs to the future path of "Lean Ethereum."
Bitget November 19 Morning Briefing, summary translated into English:
The incident once again highlights the global internet's heavy reliance on a few key infrastructure providers.
The United States will fill in missing employment data and release new economic data. The Coinbase CEO is looking forward to progress in crypto regulatory legislation. Market participants predict the market is nearing a bottom. Phantom has launched a professional trading platform. Trump hints that the candidate for Federal Reserve Chair has been decided. Summary generated by Mars AI This summary was generated by the Mars AI model, which is still being iteratively updated for accuracy and completeness.
A Bank of America survey shows that more than 30% of global fund managers are bullish on the yen's performance next year, with undervalued valuations and potential central bank intervention possibly paving the way for its rebound.
Google has defined it as an “important step towards AGI” and emphasized that it is currently the world’s most advanced agent in terms of multimodal understanding and depth of interaction.
- 07:38Saudi real estate company to tokenize Maldives Trump Hotel, targeting US investorsChainCatcher News, according to Reuters, Saudi real estate developer Dar Global plans to raise most of the funding for its new Trump-branded hotel project in the Maldives by tokenizing the project and selling tokens to US retail investors. Dar Global CEO Ziad El Chaar told Reuters that the company will tokenize up to 70% of its luxury resort project as a primary financing strategy, leveraging blockchain technology to maximize the distribution of token holders. Unlike the usual model where tokenization occurs only after real estate is completed, Dar Global and the Trump Organization's plan will tokenize the development phase, allowing investors to gain exposure from the very start of the project, according to a press release issued on Tuesday. According to another report from Bloomberg, the Maldives project is currently valued at about $300 million, and Dar Global intends to retain a 30% to 40% ownership stake.
- 07:34Matrixport: MicroStrategy Unlikely to Be Forced to Sell Coins in the Short Term, but Investors Entering at High Premiums Face the Most PressureJinse Finance reported that Matrixport released a daily chart analysis stating that MicroStrategy remains one of the most representative beneficiary companies in this bitcoin bull market. The market has previously been concerned about whether the company would be forced to sell its bitcoin holdings in the future to repay debts. Based on the current asset-liability structure and debt maturity distribution, we judge that the probability of "being forced to sell bitcoin to repay debts" in the short term is relatively low and is not the main source of current risk. Currently, the greatest pressure is on investors who bought in at high premiums during the peak period. Most of MicroStrategy's financing occurred when the stock price was close to the historical high of $474 and the net asset value (NAV) per share was at its peak. As NAV gradually declined and the premium compressed, the stock price also retraced from $474 to $207, causing significant floating losses for investors who entered at high premiums earlier. Using the current bitcoin rally as a reference, MicroStrategy's current stock price has clearly retraced from previous highs, making its valuation relatively more attractive, and the expectation of being included in the S&P 50 index in December still exists. Even so, this round of adjustment still reminds us that both timing and valuation are equally important, and investors need to be more cautious in controlling entry prices and timing of purchases.
- 07:34Former U.S. Secretary of Commerce: Trump’s tariffs are likely to remain in place after his term endsJinse Finance reported that former U.S. Secretary of Commerce Gina Raimondo stated that the tariffs implemented by Trump are likely to remain in place after his term ends, as politicians are concerned that removing these protectionist barriers would offend workers worried about jobs being outsourced and replaced by artificial intelligence. Raimondo said that regardless of which party is in power in the future, the political cost of removing tariffs is too high. "Once tariffs are imposed, they are very difficult to remove. No one wants to be the president accused of letting down American workers. Tariffs protect American workers, and I believe this has become even more politicized in the context of artificial intelligence development." Goldman Sachs President Waldron agreed with this view, adding that the labor environment next year is expected to be even more complex, which will only further intensify this political sensitivity. (Golden Ten Data)