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No results1Bitget Daily Digest（Nov 29）｜All Major U.S. Stock Indices Closed Lower; Next Year’s FOMC Voters Emphasize Inflation Risks and Oppose Further Rate Cuts; 72 out of Top 100 Tokens Down More Than 50% from All-Time Highs2Bitcoin’s Current Correction: At the End of the “Four-Year Cycle,” Government Shutdown Intensifies Liquidity Shock3Zcash Price Prediction 2025: Why ZEC Might Hit $360, Shedding 35% From ATH?
Flash
- 20:13The "Top 100% Win Rate Whale" goes long on BTC with 40x leverage, holding a position worth approximately $2.04 million.BlockBeats News, November 8, according to HyperInsight monitoring, the "Top 100% Win Rate Whale" went long on 20 BTC with 40x leverage, with a position value of approximately $2.04 million and an opening price of $101,800.
- 20:12Federal Reserve's Williams: Bond purchases expected to start soonBlockBeats News, November 8, Federal Reserve's Williams stated on Friday that the Fed decided last week to stop reducing its bond holdings and may soon need to expand its balance sheet through bond purchases. Williams said: "The next step in our balance sheet strategy will be to assess when reserve levels move from currently slightly above ample to ample." He added that once this occurs, "it will be time to initiate a gradual asset purchase process." Williams also stated: "Based on the recent persistent pressures in the repo market and other signs indicating that reserves are shifting from ample to slightly above ample, I expect we will soon reach an ample level of reserves." Some analysts expect the Fed may begin expanding its asset holdings through bond purchases in the first quarter of next year. Williams warned that it is difficult to pinpoint the exact timing. "I am closely monitoring various market indicators related to the federal funds market, repo market, and payments to help assess the state of reserve demand." He also cautioned that maintaining appropriate liquidity through bond purchases is not a stimulus measure. (Golden Ten Data)
- 20:12Pakistan plans to consider issuing a rupee-backed stablecoinBlockBeats News, November 8, according to Cointelegraph, Faisal Mazhar, Deputy Director of the Payment Systems Department at the State Bank of Pakistan, stated that with the assistance of the World Bank and the International Monetary Fund, a central bank digital currency prototype is under development and is planned to undergo a pilot phase before full-scale rollout. Additionally, according to Zafar Masud, Chairman of the Pakistan Banks' Association (PBA), the country is seriously considering issuing a Pakistan Rupee-backed stablecoin and will promote improvements in digital asset regulation, as delays in digital asset regulation could result in the loss of up to $25 billion in economic development opportunities.