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Avalon A1566HA Hydro-Cooled Mining Servers to Bolster Regional Utility's Power Grid in Japan by 2025
Powell stated that inflation still faces upward pressure in the short term, while employment is facing downside risks. The current situation is quite challenging, and there remains significant disagreement within the committee regarding whether to cut rates again in December; a rate cut is not a foregone conclusion. Some FOMC members believe it is time to pause. Powell also mentioned that higher tariffs are driving up prices in certain categories of goods, leading to an overall increase in inflation.
Federal Reserve Chairman Powell stated that a rate cut in December is not inevitable, leading to a significant decrease in market expectations for rate cuts and a decline in risk assets. The crypto market also dropped as a result, with bitcoin falling below $110,000. The trading volume of Bitwise Solana ETF continues to grow. Summary generated by Mars AI. The accuracy and completeness of the content generated by the Mars AI model are still being iteratively updated.
Powell clearly indicated that a rate cut in December is not certain, with hawkish sentiment "awakening"! International trade sentiment is improving, and gold prices remain highly volatile. The Gaza ceasefire remains fragile, while Japan-U.S. relations are entering a "golden era." Nvidia's market value surpasses 5 trillions! Which exciting market moves did you miss this week?
Michael Saylor’s Strategy boosts STRC dividends to 10.5% as Bitcoin treasury firms lose $20 billion amid October selloff.
- 08:40Hyperliquid launches HIP-3 growth model, new market fees reduced by 90% to boost liquidityAccording to ChainCatcher, as reported by CoinDesk, the decentralized exchange Hyperliquid has launched the HIP-3 growth model, allowing anyone to deploy new markets without permission and significantly reducing fees to boost liquidity. This feature reduces the taker fees for newly launched markets by more than 90%, from the usual 0.045% down to 0.0045%-0.009%. For users with top-tier staking and trading volume levels, fees can be further reduced to 0.00144%-0.00288%.
- 08:40BlackRock IBIT sees a record single-day outflow of $523 millionChainCatcher reports, the iShares Bitcoin Trust (IBIT) under BlackRock recorded its largest single-day net outflow since its inception in January 2024 on Tuesday. IBIT saw a capital outflow of $523.15 million yesterday, surpassing the previous record of $463 million set on November 14. The ETF has experienced net outflows for five consecutive days, totaling $1.43 billion. As the world's largest spot bitcoin ETF (with net assets of $72.76 billion), IBIT has been in an outflow trend since late October. On a weekly basis, the fund has seen net outflows for four consecutive weeks, amounting to $2.19 billion. This capital outflow coincides with a recent sharp decline in bitcoin, which earlier this week fell below $90,000 from its all-time high of $126,080 set in early October. Despite the continuous outflows, Vincent Liu, CIO of Kronos Research, stated that institutional investors are rebalancing rather than completely abandoning bitcoin.
- 08:35Safello's TAO ETP listed on the Swiss Stock ExchangeJinse Finance reported that cryptocurrency exchange Safello announced that its physically backed and staked TAO exchange-traded product (ETP) has been listed on the SIX Swiss Exchange. This ETP is now available for trading on European trading platforms and online brokers. The Safello Bittensor Staked TAO ETP is issued by DDA ETP AG under a cooperation agreement signed earlier this year, and is now listed on the SIX Swiss Exchange, trading in US dollars. Trading began at market open, with the trading code STAO and a management fee of 1.49%.