OKX has announced the addition of Pieverse (PIEVERSE) to multiple services, including futures contracts, officially launching on 2025-11-16 at 11:30 (UTC+8). Notes: - PIEVERSE perpetual contracts will be available for trading starting at 11:30 (UTC+8) on November 16, 2025. - The funding fee settlement cycle is every 4 hours. If the funding rate reaches the upper or lower limit, the settlement frequency will be adjusted to once per hour. - The leverage range is from 0.01x to 20x. Users should pay attention to risk management.

[Tom Lee: Leverage Not Recommended in the Short Term, Market Turmoil Won't Affect ETH Supercycle Target] Tom Lee, Chairman of the Board at Ethereum treasury company BitMine, posted on the X platform that the recent downturn in the cryptocurrency market has exposed some issues, including significant vulnerabilities in the balance sheets of one or two market makers, as well as a 'shark swarm' taking advantage of the situation to trigger a sharp drop in Bitcoin prices. He stated that the pain caused by these issues will not persist in the long term and will not alter Wall Street's goal of building an 'ETH supercycle.' However, he does not recommend using leverage at the moment, as it could easily lead to being trapped. In response to community users' questions about the timeline for resolving the market makers' balance sheet issues, Tom Lee estimated it would take 6 to 8 weeks.

Whale accounts have recently experienced selling behavior, but the specific motives may differ from market expectations. （Cointelegraph）

[ECB Governing Council Member Rehn: Pay Attention to Inflation Slowdown and December Rate Cut Risks] ECB Governing Council Member Rehn stated that the risk of an inflation slowdown should not be overlooked. Lower energy prices, a stronger euro, and a decline in wage and service sector inflation could lead to overall inflation falling below the ECB's 2% target. When asked whether another rate cut might occur in December, Rehn said this risk cannot be underestimated, while also emphasizing the need to monitor potential risks of inflation rising. He pointed out that despite the Trump administration's tariff policies disrupting global trade, the eurozone economy has shown resilience. He also warned of potential stock market correction risks and stressed the importance of bank capital buffers. Rehn believes that current stock prices are relatively high compared to the performance of the real economy and corporate earnings, and urged caution.

[Nic Carter: The concept of the crypto market 'four-year cycle' is outdated] Nic Carter, the father of smart contracts, posted on the X platform stating that the prediction of a 'worse situation' for the cryptocurrency market in 2025 is not alarmist. While there were still potential 'catalysts' during the market downturn in 2022, cryptocurrency has now lost attention, with artificial intelligence and Mag7 taking center stage. Retail investors have shifted their focus to data centers, quantum computing, and rare earth stocks. Weak market conditions, a lack of buyers, and prolonged DAT stagnation have rendered concepts like the 'four-year cycle' and 'alternative investment seasons' obsolete. At this stage, profits require genuine value creation, and the market faces significant challenges.