as Bitcoin surpassed $100,000, CZ reposted an old post on X platform from 2021: if selling BTC below $100,000, one should give themselves a slap; in addition, CZ had previously posted similar content in 2019: if selling BTC below $10,000, one should give themselves a slap.

a price of $100,000 per bitcoin would push its market value close to $2 trillion, ranking it just behind Apple, Nvidia, Microsoft, Amazon, and Google's parent company Alphabet in terms of market capitalization. Additionally, the market value of bitcoin even surpasses government bond markets in countries such as Spain and Brazil, and is close to the entire market capitalization of the FTSE 100 index (the top 100 companies on the London Stock Exchange). (Jinse)

Austin Federa, the strategic director of the Solana Foundation, has left the project and co-founded a new protocol and network aimed at managing high-performance, permissionless networks. Federa stated that his new project, DoubleZero, is not a Layer 1 or Layer 2 protocol, but rather something completely different - an N1, a new global base layer network optimized for blockchain, with the hope of increasing bandwidth and reducing latency.

nearly one-third of the "30 under 30" financial figures in Forbes 2025 list in the North American crypto industry are occupied by the younger generation, including 14 founders from 9 crypto or blockchain related companies. The founders of cryptocurrency companies (10 males and 4 females) occupy 9 out of 30 seats in the financial category of the annual list released by Forbes on December 4th (some rankings are the same). The list aims to list at least 30 North American business leaders under the age of 30 in each category, such as finance and technology.

On November 20th, the market's attention was focused on the situation between Russia and Ukraine. On the 1000th day of the conflict, Russia's new policy lowered the threshold for using nuclear weapons, causing global financial markets to be tense, but the overall reaction was limited.

according to @ai_9684xtpa monitoring, a certain whale 0xf85 recharged 100 WBTC (worth 9.22 million US dollars) to Binance after Bitcoin hit a new high in the early morning, suspected of selling.

According to Pai Shield monitoring, the FTX cold wallet address labeled Cold Storage #2 has transferred 240,200 mSOL (approximately $46.3 million) to Coinbase Prime.

Atome Financial, a Southeast Asian digital financial services provider, has secured a syndicated loan financing worth as much as $200 million. HSBC, DBS Bank, Sumitomo Mitsui Banking Corporation Singapore Branch, and Baiduri Bank in Brunei all supported this financing plan. The loan was led by HSBC's ASEAN Growth Fund and aims to support Atome Financial's loan services and the expansion of its Atome card in Singapore, Malaysia, and the Philippines.

On November 20th, it was announced that virtual asset custody platform Haru Invest was officially declared bankrupt by the Seoul Bankruptcy Court for allegedly deceiving customers and taking away virtual assets worth about 1.4 trillion Korean won, suddenly stopping withdrawals. Haru Management Limited, the operating company of Haru Invest, had previously been applied for bankruptcy due to inability to pay debts. The court stated that although the company was registered in the British Virgin Islands, it has an office and operates in Korea, and therefore the Korean court has jurisdiction over this case.

Ledn co-founder Mauricio di Bartolomeo stated that the possibility of the United States establishing a strategic Bitcoin reserve has increased after a state in the US proposed a strategic Bitcoin reserve bill. Last week, shortly after the introduction of the "Pennsylvania Bitcoin Reserve Bill," the price of Bitcoin rose. The bill aims to allow the state to invest 10% of certain funds, including ordinary funds, rainy day funds, and national investment funds, in Bitcoin. According to the state's 2023 Department of Finance annual investment report, these funds collectively manage assets worth approximately $51 billion, so a 10% allocation would represent approximately $5.1 billion in Bitcoin investment.

Lookonchain monitoring shows that the smart whale who previously made a profit of $4.84 million on POPCAT is now buying BONK. In the past two days, he has spent 3.4 million USDC to purchase 65.4 billion BONK.

Yuga.eth, a senior software engineer at Coinbase, said that the Coinbase developer platform is developing a new API that aims to empower AI agents with various cryptocurrency-related functions, such as supporting the introduction of US dollars onto the chain, creating MPC wallets, sending USDC for free, achieving instant settlement on Base, and interacting with smart contracts (message signing).

according to the official announcement, Upbit has added BTC and USDT trading pairs for JasmyCoin (JASMY) and PolySwarm (NCT).

On November 20th, Blowfish, a well-known encryption security platform, announced that it has been acquired by self-hosted wallet Phantom. The aim is to integrate Blowfish's advanced security technology and further enhance the security features of the Phantom wallet. The Blowfish team will join Phantom to jointly develop more powerful security features, including transaction simulation previews and real-time fraud alerts. As the integration progresses, Blowfish's existing services will gradually be closed, and Phantom users will enjoy support for higher security standards. Since its establishment, Blowfish has provided services to more than 40 wallet partners, including Phantom, Kraken, MetaMask, Brave, etc., protecting over $18 billion in user assets and successfully preventing 2.8 million fraud cases.

Elon Musk posted on X stating: "Just want to reiterate, this platform is indeed designed to support all viewpoints within the legal scope of each country, even those I strongly disagree with and personally dislike. If X is not doing this, please yell at me (preferably on the X platform)."

On November 20th, according to The Information, Musk participated in a phone call between Trump and Google CEO.

According to on-chain analyst Yu Jin, a whale transferred 8,825 ETH ($24 million) into Binance 8 hours ago, incurring a loss of $3.96 million (-14%).The 8,825 ETH was bought at an average price of $3,168 between 7/28-8/4 and sold at a price of $2,719, resulting in a loss of $3.96 million (-14%). The buyer purchased in increments during a dip before the market crashed on 8/5, missing out on the crash and resulting in the loss instead of profit.

According to Chain Analysis Analyst @ai_9684xtpa, after the airdrop ended, Puffer funds have net outflowed 60,600 ETH worth $159 million since the 14th. Two addresses redeemed 7129.5 ETH (about $18.64 million) from Puffer three hours ago and then recharged into Binance. They received a total of 420,303 PUFFER airdrops worth $297,000.

Mohinihan believes that if the United States does not balance its spending with economic growth, it will regret it. If this problem is not solved, the United States may lose its position as the "gold standard" of the economy.