CZ commented on the cumulative destruction of 1.44 million BNB in the past three months: BNB is deflationary

- Bitget became the second-largest crypto exchange in 2025 with $23.1B volume, driven by 80% institutional trading activity. - Institutional spot trading on Bitget surged from 39.4% to 72.6% by July 2025, improving liquidity metrics and order book depth. - The exchange expanded institutional services like USDT-backed loans and custody partnerships with Fireblocks, attracting $2.6M from Laser Digital. - Regulatory shifts (U.S. SAB 121 repeal, MiCA) and BlackRock's $88B Bitcoin ETF accelerated institutional

- Fed’s 25-basis-point rate cut and Powell’s uncertainty over a December cut triggered Bitcoin’s 5% drop below $110,000. - Markets reacted sharply, with the Dow falling 200 points and $261M in Bitcoin futures liquidations. - Analysts highlight macroeconomic risks and U.S.-China trade talks as key factors influencing Bitcoin’s range-bound action.

- Meta's $51.2B Q3 revenue beat estimates but EPS fell short, yet its AI/cloud investments bolster Wall Street optimism and 27% stock gains in 2025. - Intel's TSMC executive recruitment rumors and NVIDIA's $1B Nokia investment highlight AI talent/resource wars driving tech stock surges. - Trump-Xi trade talks and $36.2B Boeing deal boost Bitcoin 1.6% as investors anticipate eased tensions stabilizing crypto markets. - Magnificent Seven's 34% S&P 500 dominance reflects AI-driven tech consolidation, with hyp