11/08/2025 | Summary of notable crypto news in the past 24 hours!

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1️⃣ Crypto stocks surge strongly — $BMNR +12%, $SBET +8%, $Circle, $Robinhood and $Strategy all up 2%.

2️⃣ $ZORA hits historical peak — Increases 11% in 24 hours, reaching $0.12, benefiting from Coinbase and Base's continuous hype wave.

3️⃣ Large M&A deal imminent — LayerZero Foundation proposes to spend $110 million to acquire Stargate bridge and $STG Token. $STG Token will be terminated, holders can exchange for $ZRO.

4️⃣ Altseason emerging? — Bitcoin's dominance rate drops to 60.5%, altcoins increase 15.44% in the past week.

5️⃣ Interest rates about to decrease? — CME FedWatch: 88.4% probability FED will cut 25 basis points in September.

6️⃣ Crypto-related kidnapping warning — A leader reveals: "At least one Bitcoin user is kidnapped each week; attacks surge strongly during bull season."

7️⃣ "Whale" James Wynn plummets — Overly abused leverage, lost $100 million after letting emotions dominate. Previously had unrealized gains of $3 million, now empty-handed.

8️⃣ JD enters Web3 — Recruiting for "On-Chain Stablecoin Operations Strategist" position. Requirements: 3+ years experience in Web3 growth operations or blockchain marketing.

9️⃣ Macro data-packed week — CPI, PPI release and new FED members reportedly "crypto-friendly". Market sentiment may shift.

🔟 AI market analysis — Bitcoin testing resistance zone $117,000–$119,000. Whale Longing/Short positions quickly reversing. Strong cash flow but clear bull and bear camp division. Short-term increase forecast followed by adjustment. Organizations focusing on BTC and ETH, sentiment "optimistic but cautious".

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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