ChainCatcher News, the American public company SAIHEAT Limited (NASDAQ: SAIH, SAITW) announced that it has purchased $1.5 million worth of Bitcoin, currently holding approximately 102 Bitcoins, including staked and restricted Bitcoins.The company stated that it is committed to implementing a comprehensive HODL strategy for its Bitcoin holdings, aiming to retain the Bitcoins mined through operations as long-term assets. Additionally, SAIHEAT is making strategic purchases in the open market to increase its Bitcoin reserves while aligning with its long-term financial goals.It is understood that SAIHEAT Limited is a company providing integrated energy services for data centers, formerly known as SAI.TECH Global Corporation, which merged with TradeUP Global Corporation in May 2022, becoming a publicly listed company on NASDAQ. (Globenewswire)

ChainCatcher news, Matrixport's latest weekly report shows that the progress of the fifth Bitcoin bull market closely aligns with its prediction made in July 2023. The report forecasts that Bitcoin will reach $125,000 by December 2024, and as Bitcoin approaches the $100,000 mark, this prediction becomes increasingly credible. The report suggests that institutional investors allocate both Bitcoin and gold, based on the Black-Litterman asset allocation model, which is expected to achieve a return rate of 15.6% with a Sharpe ratio of 1.6.The research indicates that although Bitcoin has outperformed gold in recent years, both assets hold investment value due to their low correlation and macroeconomic outlook. The report specifically notes that a sell-off in gold after the U.S. elections could present a good buying opportunity, and it is expected that central banks worldwide will continue to diversify their reserve assets in the coming years, further enhancing gold's importance in institutional portfolios.

ChainCatcher news, Stacks founder Muneeb stated on the X platform that leading Bitcoin ATM Coinflip will integrate Stacks and sBTC.Coinflip has over 400,000 users, and this integration will continue to open the global market for Stacks.

ChainCatcher news, according to relevant pages, the probability of predicting "Bitcoin will break the $100,000 mark today (this Friday)" on Polymarket is 71%.As of the time of writing, $1.425 million has participated in this prediction.

According to ChainCatcher news and SoSoValue data, yesterday (Eastern Time, November 21) the total net inflow of Bitcoin spot ETFs was $1.005 billion.Yesterday, Grayscale ETF GBTC had a net outflow of $7.8126 million, and the historical net outflow of GBTC is currently $20.259 billion. Grayscale Bitcoin Mini Trust ETF BTC had a net inflow of $6.9741 million yesterday, and the historical total net inflow of Grayscale Bitcoin Mini Trust BTC is currently $690 million. The Bitcoin spot ETF with the highest net inflow yesterday was BlackRock ETF IBIT, with a net inflow of $608 million, and the historical total net inflow of IBIT has reached $30.819 billion. Following that is Fidelity ETF FBTC, with a net inflow of $301 million yesterday, and the historical total net inflow of FBTC has reached $11.516 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $105.908 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 5.46%, and the historical cumulative net inflow has reached $30.352 billion.

ChainCatcher news, according to Coinglass data, if Bitcoin breaks through $100,000, the cumulative short liquidation intensity on mainstream CEX will reach $1.381 billion.On the contrary, if Bitcoin falls below $97,000, the cumulative long liquidation intensity on mainstream CEX will reach $1.028 billion.

ChainCatcher news, according to The Block, exchange trading volume has reached its highest level in 12 months at $117 billion, while the average trading volume during the same period was $44 billion.As of mid-November, USD-supported exchange trading volume has reached $229 billion, nearly matching October's $237 billion with half a month remaining. This surge coincides with Bitcoin hitting an all-time high of over $90,000, indicating an increase in market participation across the entire trading ecosystem. Volume indicators suggest that market dynamics across the industry are changing.

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that the Bitcoin Industrial Complex's trading volume today surpassed $70 billion, breaking the record set just yesterday.

ChainCatcher news, according to Reuters, Trump's "Crypto Advisory Committee" is expected to establish a committed Bitcoin reserve. Several crypto companies, including Ripple, Kraken, and Circle, are competing for seats on Trump's crypto advisory committee to seek a voice in U.S. crypto policy reform.Two sources said that this crypto committee may be affiliated with the White House National Economic Council (which is responsible for coordinating and implementing the president's economic policy) or an independent White House agency.According to them and other industry insiders, the committee is expected to provide recommendations on digital asset policy, collaborate with Congress to advance cryptocurrency legislation, establish the Bitcoin reserve promised by Trump, and coordinate among various agencies, including the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Treasury Department. One source also indicated that the committee may include law enforcement representatives and former policymakers.

ChainCatcher news, according to The Block, Deenar co-founder Maruf Yusupov stated that the rapid rise of Bitcoin after Trump's victory in the U.S. elections may be reshaping traditional views on inflation hedging. Trump's focus on tax cuts, tariffs, and cryptocurrencies is driving interest in Bitcoin as a modern alternative to gold. With the acceleration of institutional adoption, a significant shift of capital from gold to digital assets may be observed.deVere Group CEO Nigel Green also mentioned that Bitcoin is increasingly being viewed as a tool for hedging inflation and diversifying portfolios, with institutional interest reaching historic highs and the infrastructure supporting mass adoption continuously expanding.Copper.co research director Fadi Aboualfa expressed a similar view, also emphasizing that the price trend patterns between spot Bitcoin and gold exchange-traded funds (ETFs) are becoming increasingly similar.

ChainCatcher message, according to Arkham monitoring, about 14 minutes ago, the Grayscale Bitcoin Trust transferred 788.738 BTC to an unknown address, worth 76.95 million dollars.