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1Bitget Daily Digest (Dec. 11)｜The Federal Reserve announced a 25 bps cut to the benchmark rate; Bitmine purchased 33,504 ETH; CBOE has approved the listing and registration of the 21Shares XRP ETF2Conflicted Fed cuts rates but Bitcoin’s ‘fragile range’ pins BTC under $100K3Full text of the Federal Reserve decision: 25 basis point rate cut, purchase of $4 billion in Treasury bills within 30 days
Bitcoin Dominance and Low Volume May Hinder XRP Recovery Ahead of Possible 2025 ETF Approval
Coinotag·2025/09/04 18:10
Rare Bitcoin Bottom Signal May Indicate Approaching Support and Potential Rally, Analysts Caution
Coinotag·2025/09/04 18:10
From Search Box to the Financial Future: Google Prepares to Reshape Value Flow with Blockchain
The story begins with a blank page and a search box. Its next chapter might be a ledger unseen by anyone but used by everyone.
Block unicorn·2025/09/04 17:54
SUI Coin Ignites a New Financial Trend with Massive Reserves
In Brief SUI Coin has made strategic strides with its reserve initiative. Public companies find value in increasing crypto reserves for inflated stock values. SUI's expanding reserves and stock performance mirrors successful strategies of other crypto firms.
Cointurk·2025/09/04 17:50
United States Rises to Second in 2025 Crypto Index Amid Surge in Institutional Activity and Regulatory Momentum
Cryptonewsland·2025/09/04 17:50
XLM Technical Setup Positions Stellar for Bullish Rally as Price Tests Support Near $0.361
Cryptonewsland·2025/09/04 17:50
Flash
- 04:52Polygon Foundation CEO: Plans to increase TPS to 5,000 transactions per second within the next 6 months, and further boost it to 100,000 transactions per second within 12-24 monthsAccording to ChainCatcher, Polygon Foundation CEO Sandeep Nailwal disclosed that the recent Madhugiri hard fork upgrade on the Polygon network has increased the on-chain transactions per second (TPS) by 40%, reaching 1,400 TPS. Sandeep Nailwal stated that the team has established a clear technical roadmap, aiming to increase TPS to 5,000 within the next six months, making Polygon one of the highest throughput blockchain networks in the industry. In addition, the second phase of the upgrade plans to further increase TPS to 100,000 within 12-24 months, with the goal of making it the preferred blockchain platform for global payments.
- 03:56Report: Outdated algorithm caused an additional $650 million loss on the Hyperliquid platformJinse Finance reported that it has been two months since the crypto market crash on October 10, during which $1.9 billion in positions were liquidated. Gauntlet CEO Tarun Chitra pointed out that the common Auto-Deleveraging (ADL) mechanism led to large-scale losses on Hyperliquid. In a lengthy article, Chitra stated that over $650 million was automatically deleveraged from profitable traders' positions. He noted that this amount is 28 times the potential bad debt faced by the relevant exchanges. This "massacre of innocents" could allegedly have been avoided with new ADL algorithms, which are detailed in a 95-page report. Chitra defines Auto-Deleveraging (ADL) as an "ultimate backstop"—a mechanism that compensates for bad debt from insolvent positions by "cutting the position value" of profitable traders. This "queue algorithm," which has been in use for a decade, is currently widely adopted by several perpetual contract platforms, including a certain exchange, Hyperliquid, and Lighter.
- 03:56A bullish whale has opened a new SEI long position worth $825,000, after making a $150,000 profit from the previous BTC short position.According to ChainCatcher, hyperbot data shows that the "Ironhead Bulls" whale opened a new SEI long position at 11:23. After multiple rounds of increasing the position, the current holding has reached 6,000,395 SEI, equivalent to approximately $825,000, and is currently at a slight loss. At present, this whale only holds the SEI long position. This whale's previous SUI long position ended 8 hours ago, lasting 19.5 hours and earning a profit of $26,800. The previous ETH long position ended 6 hours ago, lasting 1 hour and 10 minutes, with a loss of $43,000. The whale also closed a BTC short position 1 hour ago, making a profit of $150,000. The account's total profit in the past week is about $820,000, but there is an unrealized loss of $200,000 over the past month.
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