Jia Yueting's investment in the listed company QLGN has been renamed to AIxCrypto and will engage in stock tokenization business

On November 21st, based on the latest CoinWarz data, due to the fluctuation of the network hashrate and a slight price rebound, the daily revenue from Zcash (ZEC) mining has experienced a mild increase. At present, the average daily output has slightly improved compared to the previous day, and miner sentiment has stabilized in the short term. Currently, the mining difficulty of the ZEC network is 154.26 M, which is close to its all-time high.

On November 21st, Citibank and Swift announced the completion of a pilot project for Payment-versus-Payment (PvP) settlement between fiat currency and digital currency. This has validated the interoperability of the traditional financial system with a distributed ledger network. The pilot project was built on the existing Swift infrastructure and achieved seamless integration through an institutional-grade blockchain connector, a business process coordinator, and smart contracts. Additionally, Citibank used a test version of USDC on the Ethereum Sepolia testnet to simulate a near-production environment.

On November 21st, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale was seen "offloading ETH and a portion of WBTC." In the past 8 hours, the whale sold 250 WBTC (valued at $21.17 million) at an average price of $84,710, incurring a loss of $7.948 million. During the period from November 17th to November 21st, the whale gradually sold off its ETH holdings. It sold 17,497 ETH (worth $52.41 million) at an average price of $2,994.9, realizing a loss of $18.4 million from its earlier acquisition of 13,316 ETH. This whale, which accumulated WBTC and ETH at their peaks in August and September this year, has suffered a total loss of $26.348 million in less than four months, with the remaining 1,310 WBTC still unrecognized with a loss of $40.71 million.

November 21st: The Chinese crypto analyst Banmuxia stated in a post that "Currently, Bitcoin has two key support levels for a potential trend reversal, which are $81,800 and $74,800 (based on Coinbase prices), and the range between these two prices. If the price drops to $74,800, it is very likely to mark the bottom of this bear market."

On November 21st, John Flood, a partner at Goldman Sachs, pointed out that the significant reversal of the US stock market on Thursday demonstrated that Nvidia's remarkable performance did not convey the anticipated "risk-off" signal to traders. Instead, it prompted them to hastily build defenses to avoid further losses. The US stock market opened strongly on Thursday morning but quickly took a turn for the worse. In the first hour of trading, the S&P 500 index surged by 1.9%. However, it reversed into a decline before 1 p.m. local time. This was a record intraday swing since the market turmoil in April, causing more than $2 trillion in market value to evaporate from the day's peak. The index closed below the 100-day moving average for the first time in months, and the VIX fear index jumped above 26. This violent reversal occurred against the backdrop of Nvidia's release of a historic financial report, driving traders crazy as they sought explanations. Various theories emerged. Some

On November 21st, based on Coinglass data, if Bitcoin drops beneath $84,000, the cumulative long liquidation intensity of mainstream CEX will amount to $1.185 billion. Conversely, if Bitcoin goes above $88,000, the cumulative short liquidation intensity of mainstream CEX will reach $278 million. BlockBeats Notes: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, the intensity. Consequently, the liquidation chart shows the extent to which the asset price will be impacted when it attains a certain level. A higher "liquidation bar" indicates that when the price reaches that level, a more intense reaction will be triggered due to a liquidity cascade.