BitMine Now Holds 3% of ETH.

The funny thing in this story is that Ethereum stayed for 3 centuries at a price below $3,000.. But for some reason, Bitmine's current average purchase price is at $3,900!

The company's investment so far is at a loss of $2.8 billion.

24-Hour Liquidation Heatmap

Currently, the main short position liquidity is concentrated around 92,500

Is Inflation Heating Up Again? And Why Is the Fed Still Comfortable Cutting Rates?

September’s data sent mixed signals, Headline - PCE climbed to 2.8%, its highest in almost a year. While core PCE, the one the Fed actually focuses on slipped to 2.8% instead of rising to 2.9%.

So on the surface, inflation looks hotter… but underneath, it’s still cooling.

That’s exactly why the Fed can continue with rate cuts. They don’t judge policy on one month of noise, they look at the broader direction. And right now, the direction shows core inflation steadily moving lower and economic momentum slowing just enough to reduce price pressures.

Inflation expectations are still stable which gives the Fed even more confidence to shift its focus toward supporting growth rather than tightening further.

Every year, Bitcoin spends an average of 166 days in negative territory. In 2025, it has already accumulated 171 negative days👀

ETHEREUM JUST FLIPPED VISA + MASTERCARD

Ethereum is on pace to settle nearly $6 TRILLION in stablecoin volume this quarter alone and Q4 isn’t even over.


Market Caps:
• Visa: $640B
• Mastercard: $498B
• Ethereum: $365B

Think long term.. the network with a smaller market cap is already doing more heavy lifting than the financial giants. And don't forget Ethereum isn’t just payments.

GM to the most important economic week… let’s get to what’s coming.

Tuesday: JOLTS data will give a clearer picture of how strong or weak the labor market really is.

Wednesday: All eyes on the Fed decision, followed by Powell’s press conference, which could shift market direction within minutes. With an 86% chance of a 25 bps cut, Wednesday is shaping up to be the most critical day

Thursday: Jobless claims will either support or challenge the current slowdown narrative.

ETHBTC just broke its bearish trendline and the retest is looking solid. If it holds above this zone, we could see some upside.

Sentiments so bearish that 'Bitcoin bear market' hits 100/100 on google trends.

The last time this term peaked was June 2022 at 34/100, five months later Bitcoin bottomed at $16K in November.

Everyone’s pricing in a 25 bps rate cut…

But what if the Fed surprises with a 50 bps cut?

Last year, September 2024, the same thing happened, markets expected 25 bps…
Fed delivered 50 bps, and the next quarter Bitcoin rallied to a new ATH at $108K by mid-December.

Of course, last year’s rally had extra fuel, Trump’s election win and buzz around a U.S. Strategic Bitcoin Reserve. But still, If we get 50 bps, the upside will be worth watching..

Gn everyone. 💋

tomorrow is the FED meeting… all eyes on the rate cut and whatever Powell decides to say after.

markets are pricing an 86% chance of a 25 bps cut, $ETH and $BTC are already moving

and it would be nice if this momentum just continued for once. please 🙏

ETH outperforming BTC usually ends with some random bad news ruining the vibe… hoping this time it doesn’t.

just let it breathe a bit. please!

there’s also that small chance of a surprise.

so yeah, expecting the usual 25 bps. hoping for calm… and praying there isn’t that one headline that flips everything red again.

goodnight anyway.

The best thing about this pump is the market structure looks Healthy

Compare the spot trading volume at the April bottom vs the November 2025 bottom, it’s clear that spot volume in November has increased compared to that in April.

Even more interesting, in November Overall Spot volume grew far more than futures volume, signaling real value-driven buying rather than short-term speculative leverage.

had an amazing experience at the F1 race last week shared it in the tweet below big thanks to Gate for giving me the pass

they’re also giving away a few passes and i’ve explained in the tweet how you can enter if you want to try your luck

https://x.com/axel_bitblaze69/status/1998699600589521037

65 days have passed since the All-time High.

After yesterday’s bounce, Bitcoin still needs 36% to break into new ATH territory again.

So the big question is, do we see a new peak soon… or is it a next-cycle story?

The market is quiet. Sentiment is mixed. Everyone’s waiting for that one spark that sets things off.

But if there’s one thing we’ve learned over the years… Bitcoin loves to surprise in both directions.

The FOMC did exactly what the market expected, a 25 bps cut.

But the real headline is something bigger: the Fed will buy $40B in Treasury bills over the next 30 days, starting December 12. These are “reserve management purchases,” meant to keep liquidity stable and bank reserves in the “ample” zone.

Some people are calling this QE because the balance sheet will expand but this is not real QE. True QE is when the Fed pumps hundreds of billions every month.

The bigger picture is the U.S. has to refinance nearly $9T in 2026. A rollover of that size can only be managed through some combo of rate cuts, QE, or money printing.

During COVID, rates were near 0%. Today they’re still above 3.5%. If the Fed doesn’t bring rates lower and later start QE, U.S. interest costs could cross $1 trillion per year by FY2026, bigger than the entire defense budget.

That’s why, in my opinion, QE will definitely start sometime between Q1–Q2 2026, and before that window, we’ll likely see more rate cuts before real QE kicks in.

The top is not a fixed place It is just a station that more than one player passes through over time

Today, Lighter has inched past Hyperliquid. But the real story isn’t the number…

It’s how quickly liquidity follows the trader when they find a better experience.

Breaking above $95K won’t be easy.
Orderbook is showing a massive sell wall from $93.5K to $96.5K, nearly $100M sell liquidity stacked in that zone.

This is the kind of block where market makers and large holders slow price momentum unless a real spot-driven bid steps in.

Binance has now recorded three consecutive weeks of stablecoin net outflows, a sign that short-term buying power is weakening as institutional liquidity continues to exit the exchange.

There are no major sell orders until 92,500, the price may attempt to move back toward this level soon.

Gm

Despite the price action, the total amount of Bitcoin held by public and private companies has continued to grow, rising from 197,000 BTC to 1.08 million BTC, an increase of around 450% since January 2023.