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The government shutdown has delayed official employment data, so ADP data has stepped in to reveal the truth: in the second half of October, the labor market slowed down, and the private sector lost a total of 45,000 jobs for the entire month, marking the largest decline in two and a half years.
The upcoming Fusaka upgrade on December 3 will have a broader scope and deeper impact.
Although these projects are still generally down about 90% from their historical peaks, their recent surge has been driven by multiple factors.
Morgan Stanley believes that the Federal Reserve ending quantitative tightening does not mean a restart of quantitative easing.
In Brief A whale resumed purchases, accumulating 371 million PI coins worth over $82 million. Pi Network is strengthening infrastructure with AI and DeFi enhancements. Technical indicators suggest a possible upward move in the PI coin value.
In Brief Standard Chartered partners with DCS to introduce the stablecoin-based DeCard in Singapore. DeCard simplifies cryptocurrency transactions for everyday purchases akin to traditional credit cards. With regulatory backing, DeCard plans to expand beyond Singapore to a global market.
- 18:39Data: If ETH breaks through $3,647, the cumulative short liquidation intensity on major CEXs will reach $1.248 billion.According to ChainCatcher, citing Coinglass data, if ETH breaks above $3,647, the cumulative short liquidation intensity on major CEXs will reach $1.248 billion. Conversely, if ETH falls below $3,312, the cumulative long liquidation intensity on major CEXs will reach $562 million.
- 16:36Data: In the past 24 hours, total liquidations across the network reached $424 million, with long positions liquidated for $290 million and short positions for $134 million.ChainCatcher News, according to Coinglass data, in the past 24 hours, the total amount of liquidations across the network reached $424 million, with long positions liquidated for $290 million and short positions for $134 million. Among them, bitcoin long positions were liquidated for $74.7723 million, and bitcoin short positions for $38.679 million; ethereum long positions were liquidated for $58.9715 million, and ethereum short positions for $29.3934 million. In addition, in the past 24 hours, a total of 142,784 people worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - ETH-USD, valued at $3.9876 million.
- 16:18Curvance completes $4 million strategic financingChainCatcher reported that the decentralized lending platform Curvance has announced the completion of a $4 million strategic funding round, led by F Prime Capital and 0xPrimal, with participation from Auros, GSR, Flowdesk, Q42, v3v ventures, and others. The project is positioned as a decentralized lending and collateral platform, supporting collateralization of yield assets such as LST, LRT, stablecoins, Pendle PT, and LP tokens. The team stated that the architecture is self-developed, introducing security designs such as dual oracle pricing, circuit breaker mechanisms, and MEV capture liquidation auctions. The funds from this round will be used for launch, auditing, team expansion, and integration of additional assets.