Last week, the global outflow of funds from Bitcoin and Ethereum ETFs exceeded $1.1 billion (Decrypt). (AiCoin News)

[Circle Issues 100 Million USDC on Ethereum Network] At 22:58 (UTC+8) on November 10, Circle issued 100 million USDC on the Ethereum network, with data provided by whale-alert monitoring.

[Paxos Mints $100 Million PYUSD Stablecoin] Whale Alert data shows that Paxos has minted 100 million PYUSD stablecoins on the Ethereum blockchain, valued at approximately $100.04 million.

[Federal Reserve's Mester Suggests Caution on Rate Cuts, Predicts Strong Economic Rebound Early Next Year] Federal Reserve's Mester stated that the U.S. economy is expected to rebound strongly early next year and emphasized that officials should approach additional rate cuts with caution. He mentioned factors such as fiscal support, the impact of implemented rate cuts, and deregulation, reiterating that the current Federal Reserve policy is close to a level that no longer exerts downward pressure on inflation. He believes there is limited room for further rate cuts; otherwise, monetary policy might become overly accommodative. After two rate cuts this year, Federal Reserve officials are divided on the extent of future rate cuts. Last month, Federal Reserve Chair Powell said that a December rate cut was not yet certain, while some officials suggested pausing rate cuts to curb inflation above the target.

[Federal Reserve's Mussailem Says Limited Room for Policy Easing, Current Policy Close to Neutral] On November 10, Federal Reserve's Mussailem stated that there is limited room for further policy easing and emphasized the need for caution. He stressed the importance of continuing to focus on reducing inflation and noted that monetary policy is currently closer to neutral rather than slightly tight.