1. The difficulty of bitcoin mining has been adjusted up by 0.63% to 102.29 T this morning, reaching a new high.

CloverPool data shows that the bitcoin mining difficulty encountered a mining difficulty adjustment at block height 870,912 (2024-11-19 04:42:12), with the mining difficulty increased by 0.63% to 102.29 T, reaching a new historical high. Currently, the average network hash rate is 1.08 ZH/s.

2. Data: Today's fear and greed index is 90, still in extreme greed.

According to data from Alternative, today's fear and greed index is 90, still in extreme greed. It is reported that the fear index threshold is 0-100 and includes indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market survey (15%) + bitcoin's proportion in the overall market (10%) + Google trending analysis (10%).

3. Musk: I still hold a large amount of dogecoin, and SpaceX holds a large amount of bitcoin.

The Dogecoin UI designer DogeDesigner shared an audio clip of Musk, in which Musk stated, "I still hold a large amount of dogecoin, and SpaceX holds a large amount of bitcoin." However, DogeDesigner did not specify when Musk made this statement.

4. CryptoQuant CEO: Retail bitcoin trading volume reaches a three-year high.

CryptoQuant CEO Ki Young Ju stated on the X platform that retail-level (under $0.1 million) bitcoin trading volume has reached a three-year high, indicating that retail investors are entering the market.

5. The correlation of bitcoin has fallen to a historical low, reaching a new high of 0.093 million dollars, showing independent market behavior.

According to CoinDesk, data shows that in 2024, bitcoin and the nasdaq index only exhibited a 52% co-movement, with a 30-day correlation dropping to 0.46, one of the lowest levels in the past five years. According to Fidelity, the correlation between bitcoin and the s&p 500 index is only 19%, performing best in terms of Sharpe ratio among major asset classes. Since Trump won the usa election on November 6, bitcoin has surpassed 0.093 million dollars to reach a new high, while the nasdaq index has fallen 4% from its historical peak. According to Glassnode data, the 30-day implied volatility of bitcoin has decreased from 100% in 2021 to about 60% now. As the seventh largest asset globally, bitcoin is gradually decoupling from traditional risk assets, demonstrating independent market performance.

6. CZ: Countries will compete to include bitcoin in their strategic reserves.

CZ expressed admiration for MicroStrategy founder Michael Saylor's speech, stating, "An excellent speech. Worth a listen. Also, thanks for the support for Binance in the video. Countries will compete to print money and buy bitcoin, that is, bitcoin as strategic reserves. No one can be the last one."

7. Billionaire Paul Tudor's hedge fund holds Blackrock spot bitcoin ETF worth 0.23 billion dollars.

Billionaire Paul Tudor's hedge fund holds a Blackrock spot bitcoin ETF valued at 0.23 billion dollars.

8. Public company Genius Group buys 110 bitcoins for 10 million dollars, establishing a bitcoin reserve.

Public company Genius Group Limited (NYSE: GNS) announced today (19th) that it has purchased 110 bitcoins for 10 million dollars, with an average price of 90,932 dollars per bitcoin. This purchase marks the company's formal establishment of a bitcoin reserve. It is reported that this purchase follows the company's announcement of a "bitcoin-first" strategy on November 12, which commits to holding 90% or more of its existing and future reserves in bitcoin, with an initial target of 0.12 billion dollars in bitcoin. Today's purchase is the first in a series of ongoing purchases that the company plans to make to achieve its goal.

9. The Economic Daily published an article: Bitcoin faces policy, regulatory, and international challenges to be included in usa reserve assets.

The Economic Daily published an article titled "Will Bitcoin Become a USA Reserve Asset?" The article states that although the incoming usa government shows great interest in cryptos, for Bitcoin to truly become a national reserve asset, it needs to pass several "hurdles." From a policy perspective, listing Bitcoin as a strategic reserve asset requires a complex legislative process involving coordination and interest balancing among various regulatory agencies, in addition to potential opposition from usa traditional financial institutions, conservative lawmakers, and interest groups skeptical of digital assets, making implementation quite challenging. The surging price of Bitcoin seems to have given some hope of recreating the process from the dissolution of the Bretton Woods system to the establishment of the petrodollar. However, Bitcoin's inherent instability could pose greater challenges for regulatory agencies if it becomes a strategic reserve asset and might alert other countries worldwide, exacerbating friction in the international financial sector. Whether the usa economy, which has been eroded by high inflation for days, can withstand the impact remains uncertain.

10. The usa OCC announces preparations to launch spot Bitcoin etf options.

According to Bitcoin Magazine's disclosure on platform X, the usa Options Clearing Corporation (OCC) announced its preparations to launch spot Bitcoin etf options. Screenshots of the disclosed notice show that the OCC is preparing for the clearing, settlement, and risk management of spot Bitcoin etf options, which will adhere to the new options listing process outlined in the options listing procedure plan.

11. Bitdeer: Net loss of 50.1 million USD in the third quarter due to Bitcoin halving and rising research and development costs.

Bitcoin mining company Bitdeer announced a net loss of 50.1 million USD in the third quarter of 2024, with total revenue declining from 87.3 million USD during the same period last year to 62 million USD. The decline was mainly due to the Bitcoin halving in April 2024, an increase in global hash rate, a decrease in hosting revenue, and rising research and development expenses related to SEAL02 chip development. The company's gross profit plummeted from 21.1 million USD in the third quarter of 2023 to 2.8 million USD, while adjusted EBITDA fell from 28 million USD during the same period last year to -8.5 million USD. Despite the losses, cash and cash equivalents as of September 30 increased from 0.2039 billion USD in the previous quarter to 0.2913 billion USD.

12. "Wood" Cathie Wood: Bitcoin will reach 0.65 million USD by 2030, it remains a good investment now.

ARK Invest CEO Cathie Wood recently reiterated her bullish forecast for Bitcoin prices in an interview, firmly maintaining the company's forecast for 2030 despite market fluctuations. She stated that under the base case, Bitcoin's value is expected to be around 0.65 million USD by 2030. In a bull market, it could range between 1 million USD and 1.5 million USD. These Bitcoin price predictions were first introduced in Ark Invest's Big Ideas report for 2023 released in February last year. Unlike earlier reports with a single prediction, the company proposed three scenarios. Based on the most likely assumptions, the "base case" predicts Bitcoin will reach 682,800 USD by 2030, while the "bear case" estimates a price of 258,500 USD, and the "bull case" anticipates Bitcoin could rise to 1.48 million USD. Wood emphasized that at the current price, Bitcoin remains a good investment, reminding that they were the first public asset management company to invest in Bitcoin at 250 USD in 2015. Wood cited the historical performance of Bitcoin during halving cycles, predicting that as inflation decreases and halving events reduce supply, Bitcoin will continue to maintain its upward momentum.