Michael Saylor's company purchases 487 bitcoins
--
Michael Saylor's company MicroStrategy purchased 487 bitcoins worth a total of $49.9 million. （Watcher.Guru）
Loading...
Michael Saylor's company MicroStrategy purchased 487 bitcoins worth a total of $49.9 million. （Watcher.Guru）
[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.
[USDC Treasury Mints 200 Million USDC on Ethereum] According to Whale Alert data monitoring, at 22:43 and 22:50 (UTC+8), the USDC Treasury minted 100 million USDC each on the Ethereum blockchain, totaling approximately 200 million USDC.
[U.S. Stock Market Rises, Led by Tech and Airline Stocks] On November 10, the U.S. stock market rose, with the Nasdaq 100 Index up 1.9%, ending a two-day losing streak. Investors were optimistic about lawmakers reaching an agreement to end the longest government shutdown in U.S. history. Airline stocks, such as Delta Air Lines and United Airlines, rose after flight cancellations caused by the shutdown. Risk appetite increased in the cryptocurrency and semiconductor sectors, with Nvidia and AMD seeing stock price gains. Matt Maley of Miller Tabak stated that resolving the Washington deadlock is a positive development, but the sustainability of the rebound remains uncertain.
[100% Win Rate Whale Closes All ETH Long Positions with a Loss of $242,000] On November 10, according to Hyperinsight monitoring, the 100% win rate whale has closed all ETH long positions, with a position size of 4,202.9 ETH, resulting in a loss of $242,000.