Whales Cash In: Bitcoin’s Bumpy Ride and Quantum Concerns

The post Ethereum (ETH) Leads $911M in 24-Hour Network Liquidations, Largest ETH-USD Liquidation at $24.23M appeared on BitcoinEthereumNews.com. COINOTAG News, citing Coinglass data, reported that in the past 24 hours the crypto liquidations totaled $911 million, comprised of $703 million in long liquidations and $208 million in short liquidations. In aggregate, 231,310 traders were liquidated across the network. The day’s largest single liquidation occurred on Hyperliquid for the ETH-USD pair, amounting to approximately $24.23 million. Source: https://en.coinotag.com/breakingnews/ethereum-eth-leads-911m-in-24-hour-network-liquidations-largest-eth-usd-liquidation-at-24-23m

Polymarket targets a $12B valuation as its crypto expansion accelerates, driven by major partnerships, U.S. market re-entry, and rising global demand. Polymarket seeks to raise funds at a $12B valuation, expanding in crypto and international markets. This is after it returned to the US and signed strategic partnerships, increasing its competition with Kalshi. According to […] The post Prediction Market: Polymarket Eyes $12B Valuation as Crypto Expansion Accelerates appeared first on Live Bitcoin News.

The post Holding Overnight Gain After Strong Jobs Data appeared on BitcoinEthereumNews.com. The labor market strengthened more than expected in September as the government begins to again release official economic data following a deal to end the shutdown. Nonfarm payrolls increased by 119,000 in September, according to a Bureau of Labor Statistics report released Thursday morning. Economists had expected a gain of 50,000 while the August reading was a decline of 4,000 (revised from an originally reported gain of 22,000). The unemployment rate, however, rose to 4.4% against 4.3% expected and 4.3% in August. This jobs report normally would have come in the first week in October, but was delayed due to the government shutdown. More topical jobs data won’t be available until mid-December. Up modestly after strong results and outlook from Nvidia calmed markets Thursday evening, bitcoin mostly held that gain, trading at $91,900. U.S. stock index futures continued with strong Nvidia-led gains, the Nasdaq higher by 1.9%. The 10-year Treasury yield remained at 4.11% and the dollar continued with small gains. Prior to the report, markets have more or less eliminated the chances of a Fed rate cut in December and this data isn’t likely to reverse that idea. Source: https://www.coindesk.com/markets/2025/11/20/u-s-added-stronger-than-forecast-119k-jobs-in-september-but-unemployment-rate-rose-to-4-4