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The US import price index for October recorded a monthly rate of 0.3%
Bitget news, the US import price index for October recorded a monthly rate of 0.3%, expected -0.1%, previous value -0.4%. This is the largest increase since April 2024. The US Federal Reserve manufacturing index for November was 31.2, a new high since December 2021.
In addition, the US retail sales monthly rate in October was 0.4%, expected 0.3%, previous value 0.4%.
Bitget news, the US import price index for October recorded a monthly rate of 0.3%, expected -0.1%, previous value -0.4%. This is the largest increase since April 2024. The US Federal Reserve manufacturing index for November was 31.2, a new high since December 2021.
In addition, the US retail sales monthly rate in October was 0.4%, expected 0.3%, previous value 0.4%.
Bitcoin miners have transferred 45,000 BTC to exchanges in the past 3 days
On November 15, according to Crypto News, Bitcoin miners have transferred 45,000 BTC to exchanges in the past 3 days.
On November 15, according to Crypto News, Bitcoin miners have transferred 45,000 BTC to exchanges in the past 3 days.
Industry insider: The crypto market is waiting for the direction of US policy, high volatility may occur in the future
On November 15, after Election Day, net inflows into US spot Bitcoin exchange-traded funds reached $4.7 billion. According to data compiled by foreign media, these 12 funds come from issuers such as BlackRock and Fidelity Investments, with their total assets now reaching about $94 billion. James Davies, CEO of on-chain options and futures trading platform Crypto Valley Exchange said: "All trades are purely speculative at the moment, expecting a lot of volatility and lack of clear signals in the future as we wait for policy announcements from the United States."
Davies pointed out that $90,000 is a key indicator that needs close attention to whether it can play a role as a "resistance level", or whether Bitcoin can stand strong here. Data from Deribit exchange shows that one of the highest concentrations of bullish Bitcoin option bets is at an exercise price of $100,000.
Apart from Bitcoin, Ethereum which is the second largest token and smaller tokens like Dogecoin beloved by retail investors showed mixed results on Friday consistent with traders reducing their bets on Federal Reserve rate cuts after Powell's comments; market risk preference has declined slightly. (Bloomberg)
On November 15, after Election Day, net inflows into US spot Bitcoin exchange-traded funds reached $4.7 billion. According to data compiled by foreign media, these 12 funds come from issuers such as BlackRock and Fidelity Investments, with their total assets now reaching about $94 billion. James Davies, CEO of on-chain options and futures trading platform Crypto Valley Exchange said: "All trades are purely speculative at the moment, expecting a lot of volatility and lack of clear signals in the future as we wait for policy announcements from the United States."
Davies pointed out that $90,000 is a key indicator that needs close attention to whether it can play a role as a "resistance level", or whether Bitcoin can stand strong here. Data from Deribit exchange shows that one of the highest concentrations of bullish Bitcoin option bets is at an exercise price of $100,000.
Apart from Bitcoin, Ethereum which is the second largest token and smaller tokens like Dogecoin beloved by retail investors showed mixed results on Friday consistent with traders reducing their bets on Federal Reserve rate cuts after Powell's comments; market risk preference has declined slightly. (Bloomberg)
In the past 1 hour, a total of 21.3587 million US dollars have been liquidated across the entire network, mainly short positions
On November 15, Coinglass data showed that in the past hour, a total of $21.3587 million was liquidated across the network, including $2.2473 million from long positions and $19.1115 million from short positions.
On November 15, Coinglass data showed that in the past hour, a total of $21.3587 million was liquidated across the network, including $2.2473 million from long positions and $19.1115 million from short positions.
BTC breaks through 90,000 US dollars
Bitget market data shows that BTC has broken through $90,000, currently reported at $90,048.64, with a 24-hour drop of 1.3%.
Bitget market data shows that BTC has broken through $90,000, currently reported at $90,048.64, with a 24-hour drop of 1.3%.
AxiomNet launches a significant market expansion plan, deepening blockchain application scenarios
On November 15, AxiomNet announced the launch of its major market expansion plan, aiming to promote AI-driven blockchain data solutions to more key industries and markets, further promoting the application of blockchain on a global scale. AxiomNet focuses on providing intelligent data solutions for decentralized finance (DeFi), Internet of Things (IoT), and supply chain management among other fields. This market expansion plan will enable AxiomNet to penetrate more regions and industries, providing enterprises and developers with high-quality, accurate, and real-time data support, enhancing the efficiency and security of blockchain applications.
On November 15, AxiomNet announced the launch of its major market expansion plan, aiming to promote AI-driven blockchain data solutions to more key industries and markets, further promoting the application of blockchain on a global scale. AxiomNet focuses on providing intelligent data solutions for decentralized finance (DeFi), Internet of Things (IoT), and supply chain management among other fields. This market expansion plan will enable AxiomNet to penetrate more regions and industries, providing enterprises and developers with high-quality, accurate, and real-time data support, enhancing the efficiency and security of blockchain applications.
XRP breaks through $0.87
Bitget market data shows that XRP has broken through $0.87, currently quoted at $0.8716, with a 24-hour increase of 22.1%.
Bitget market data shows that XRP has broken through $0.87, currently quoted at $0.8716, with a 24-hour increase of 22.1%.
UBS: Trump may not be able to fulfill the policy of boosting the dollar.
According to Jinshi News, UBS Global Wealth Management stated that the recent strength of the US dollar may not continue after Trump won the US presidential election. Analysts said in a report that in the medium and long term, the dollar might weaken. "The policies proposed by Trump are expected to expand twin deficits and undermine the long-term appeal of the dollar," they said, adding that Trump may not be able to fulfill his policy of boosting the dollar and he might seek lower interest rates and weaker currency.
Meanwhile, they noted that markets have gone too far in lowering expectations for Federal Reserve rate cuts, and an "overshoot" of U.S. Treasury yields could follow a slide in the dollar. UBS predicts that by December 2025, EUR/USD will rise from its current level of 1.0573 to 1.12.
According to Jinshi News, UBS Global Wealth Management stated that the recent strength of the US dollar may not continue after Trump won the US presidential election. Analysts said in a report that in the medium and long term, the dollar might weaken. "The policies proposed by Trump are expected to expand twin deficits and undermine the long-term appeal of the dollar," they said, adding that Trump may not be able to fulfill his policy of boosting the dollar and he might seek lower interest rates and weaker currency.
Meanwhile, they noted that markets have gone too far in lowering expectations for Federal Reserve rate cuts, and an "overshoot" of U.S. Treasury yields could follow a slide in the dollar. UBS predicts that by December 2025, EUR/USD will rise from its current level of 1.0573 to 1.12.
Ethena founder: The surge in USDe supply, Aave integration and CEX support as collateral will drive supply demand
On November 15th, Ethena Labs founder Guy Young stated on social media that the supply of USDe has begun to show parabolic growth, with an increase in supply exceeding $700 million over the past three weeks. This has surpassed the total supply of PayPal's PYUSD or BUIDL.
It is expected that today's announced integration with Aave will provide billions of dollars in supply demand for USDe within the next month. In addition, collateral listings from two new centralized trading platforms are set to launch within next week.
On November 15th, Ethena Labs founder Guy Young stated on social media that the supply of USDe has begun to show parabolic growth, with an increase in supply exceeding $700 million over the past three weeks. This has surpassed the total supply of PayPal's PYUSD or BUIDL.
It is expected that today's announced integration with Aave will provide billions of dollars in supply demand for USDe within the next month. In addition, collateral listings from two new centralized trading platforms are set to launch within next week.
Polymarket currently prices the possibility of Trump establishing a US national BTC reserve at 32%
According to the prediction market Polymarket data, the possibility of Trump establishing a US national BTC reserve is 32%, down 27% from November 7th.
Previously, Galaxy Digital CEO Michael Novogratz said in an interview with Bloomberg that he believes the likelihood of the United States establishing a Bitcoin strategic reserve is very low.
However, he predicted that if the United States really established such a stockpile, it would push up the price of the largest digital token to $500,000 because other countries would also feel it necessary to establish similar reserves.
According to the prediction market Polymarket data, the possibility of Trump establishing a US national BTC reserve is 32%, down 27% from November 7th.
Previously, Galaxy Digital CEO Michael Novogratz said in an interview with Bloomberg that he believes the likelihood of the United States establishing a Bitcoin strategic reserve is very low.
However, he predicted that if the United States really established such a stockpile, it would push up the price of the largest digital token to $500,000 because other countries would also feel it necessary to establish similar reserves.
