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Share link:In this post: Judge Ronald Griffing said Logan Paul’s bid to remove a lawsuit over the collapse of CryptoZoo should be allowed. Griffin also urged the class-action plaintiff to update all but one of its 27 claims against Paul, the one linking him to commodity pool fraud. The judge dismissed Paul’s bid to accuse CryptoZoo co-founders of the project’s failure.
Share link:In this post: SoftBank shares fell over 5% after it announced a $2 billion deal to buy Intel stock at $23 per share. Asian markets dropped across the board as investors waited for the U.S. Fed’s Jackson Hole meeting. Jerome Powell is expected to signal a possible rate cut, with futures showing an 83% chance for September.
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Share link:In this post: Ethereum ETFs now hold over 6.5M ETH, with projections showing a September flip as they close in on Bitcoin ETFs’ share of the circulating supply. US spot ETH ETFs saw $59M in outflows on August 15 after record weekly inflows of 649,000 ETH pushed totals above $3.7B. Institutional investors dominate Ethereum with 19.2M ETH, while retail holdings fall sharply, highlighting shifting market influence amid price swings near $4,450.
Share link:In this post: Odin.fun still has no set date to resume trading after its $7M hack. CEO Bob Bodily confirmed funds have been frozen in CEXs, and investigations are ongoing. Trading will only resume after user balances, audits, and platform cleanup are finalized.
SEI’s 100-day EMA is about to cross above the 200-day EMA. Combined with weekly outflows and short liquidations stacked, SEI’s price could be primed for a continuation rally. But one cohort of traders may get burned.
DeFi and RWA protocols are shifting their focus to Layer 1 in pursuit of higher valuations, but rebranding won't help if the product is lacking.
Meta’s decision to cut back on AI investment and restructure its division is causing turbulence in the AI token market, with price drops seen across major assets.
- 16:19Summary of Important Developments on the Evening of November 112:00 (UTC+8) - 21:00 (UTC+8) Keywords: ACDC Meeting, ZEC, Perpetual Contracts 1. Berkshire Hathaway's cash reserves have reached a record $381.67 billions 2. Summary of the 168th Ethereum Consensus Layer ACDC Meeting: Discussions on Fusaka, Glamsterdam and other upgrade works 3. Two whales have made profits of over $4 millions from long positions in ZEC 4. This week, US Bitcoin spot ETFs saw a net outflow of $799 millions 5. Sentora: Monthly trading volume of perpetual contracts surpassed $1 trillions for the first time, marking a structural leap for on-chain derivatives 6. Analysis: After a decline in Bitcoin in October, November historically becomes the best month, with an average increase of 42.51%
- 16:19New Hampshire Senate divisions intensify, cryptocurrency mining regulation relaxation bill temporarily stalledOn November 1, according to Cointelegraph, the New Hampshire Senate Commerce Committee held a vote on Thursday regarding a bill aimed at relaxing cryptocurrency mining regulations, but the vote ended in a deadlock due to divided opinions. Several senators noted that public feedback on the bill had increased significantly since the last debate. The committee was deadlocked in both votes to advance or reject the bill, and ultimately decided by a 4-2 vote to send the proposal to "interim study" for further review. The proposal, known as House Bill 639, aims to prohibit municipal officials from imposing restrictions on cryptocurrency mining activities, such as regulations on electricity usage or noise; it also prohibits state or local governments from imposing special taxes on digital assets.
- 16:19The probability of a 25 basis point rate cut by the Federal Reserve in December is currently reported at 63%.Jinse Finance reported that according to CME "FedWatch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 63%, while the probability of keeping rates unchanged is 37%.