Headlines

BTC breaks through $90,000

The market shows that BTC has broken through $90,000 and is now trading at $90,015.99, with a 24-hour drop of 1.18%. The market is volatile, so please do a good job of risk control.

▌Currently, El Salvador holds 5,936.7 Bitcoins

Mempool data shows that El Salvador currently holds 5,936.7 BTC, equivalent to approximately US$536 million.

Quotes

As of press time, according to Coingecko data:

The latest transaction price of BTC is $89,830.4, with a daily change of -0.5%;

ETH's most recent trading price is $3,074.51, with a daily change of -3.5%;

BNB's latest transaction price is $618.7, with a daily change of -0.9%;

SOL's latest trading price is $237.86, with a daily change of +1.6%;

DOGE's latest transaction price is 0.3651 yuan, with a daily increase or decrease of +0.5%;

XPR recently traded at $1.06, with a daily change of -1.7%.

policy

▌DOGE (Department of Government Efficiency) leader Vivek: DOGE is not only about restoring efficiency, but also about restoring autonomy

On November 18, Vivek Ramaswamy, who led the U.S. Efficiency Department with Musk, wrote on X that “DOGE is not only about restoring efficiency, but also about restoring self-governance. In fact, these two goals are two sides of the same coin, which is a very beautiful thing.”

Blockchain Applications

▌Nvidia's new AI chip faces server overheating problems

Nvidia's (NVDA.O) new Blackwell AI chip is already facing delays as supporting servers have overheated and some customers are worried they won't have enough time to get new data centers up and running, according to The Information.

Cryptocurrency

▌BlackRock IBIT holdings valued at more than $42.8 billion

Official data from BlackRock shows that as of November 18, the market value of IBIT's holdings reached US$42,893,124,057.07, and the holdings reached 471,329 BTC.

▌The total holdings of the US spot Bitcoin ETF on the chain are 1.04 million BTC

According to Dune data, the total on-chain holdings of the U.S. spot Bitcoin ETF have exceeded 1 million BTC, and now reach about 1.044 million BTC, accounting for 5.28% of the current BTC supply, and the on-chain holding value has reached approximately US$94.4 billion.

▌Robert Kennedy: Most of his wealth has been invested in Bitcoin

"I'm a huge supporter of Bitcoin. I was at another Bitcoin conference here a year ago. I went home and put most of my wealth into Bitcoin, so I'm all in," former independent candidate Robert F. Kennedy Jr said in a recently resurfaced video.

Kennedy described Bitcoin as “free money” in an online post on Nov. 16, reiterating the digital asset’s ability to hedge against monetary inflation.

▌Michael Saylor hints that he may continue to increase his BTC holdings

MicroStrategy founder Michael Saylor posted on the X platform suggesting that he may continue to increase his BTC holdings. He said: "I think there needs to be more 'green dots' on the saylortracker website." (Note: This website is a website for tracking MicroStrategy's purchase of Bitcoin positions. Green dots mean the purchase of BTC.)

Important economic developments

▌The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 61.9%

According to CME's "Fed Watch": The probability of the Fed maintaining the current interest rate unchanged by December is 38.1%, and the probability of a cumulative interest rate cut of 25 basis points is 61.9%. The probability of maintaining the current interest rate unchanged by January next year is 25.9%, the probability of a cumulative interest rate cut of 25 basis points is 54.3%, and the probability of a cumulative interest rate cut of 50 basis points is 19.8%.

Golden Encyclopedia

What is Dogwifhat (WIF)?

Launched in November 2023, Dogwifhat is a Solana-based memecoin featuring a Shiba Inu wearing a pink knitted hat. Rather than positioning itself as a symbol of progress or a vision for the future, WIF keeps it simple, embracing its meme identity without any grandiose aspirations. Even the ticker “WIF” is misspelled with “with,” a classic meme form that highlights the playfulness of the token.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness.