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1Bitget Daily Digest (Nov 06) | Monad Plans to Launch Mainnet and Native Token MON on November 24; U.S. Government Shutdown May Delay Crypto Market Structure Legislation Until 20262Bitcoin and Ether ETFs record fifth consecutive day of outflows as crypto prices remain under pressure3Monero (XMR) jumps to 5-month high as privacy coins lead surprise market rally
Flash
- 12:35Galaxy Research: Over 70% of the Top 100 Cryptocurrencies by Market Cap Have Dropped More Than 50% from Their All-Time HighsAccording to ChainCatcher, Galaxy Research stated in an article that "among the top 100 cryptocurrencies by market capitalization, 72 have dropped by 50% or more from their all-time highs."
- 12:01BlackRock deposits 4,652.87 BTC and 57,455 ETH into a certain exchangeAccording to Jinse Finance, OnchainLens monitoring shows that BlackRock has deposited 4,652.87 BTC, valued at $478.51 million, and 57,455 ETH, valued at $194.86 million, into a certain exchange.
- 11:56A U.S. government shutdown could lead the Federal Reserve to pause rate cuts in December.According to ChainCatcher, citing Golden Ten Data, Simon Ballard and Al Maha Al Nuaimi from First Abu Dhabi Bank stated that the U.S. government shutdown and the interruption of official economic data releases have made the outlook more complex and uncertain, which could lead the Federal Reserve to pause interest rate cuts in December. Analysts pointed out that the uncertainty brought by the government shutdown may strengthen the Fed's rationale for "hitting the pause button" in December.