Strategy Announces Purchase of 4,048 Bitcoins

According to a report by The Information, TSMC (TSM.N) is considering producing 3D DRAM at the request of NVIDIA (NVDA.O).

Binance co-CEO He Yi stated in a post that the exchange’s latest zero-knowledge proof for its Proof of Reserve (PoR) is now ready, enabling users to independently verify whether their platform balances are backed by at least a 1:1 reserve. He Yi cautioned that a time gap exists between the completion of the reserve proof and users’ ability to verify it themselves, adding that the required time typically depends on asset size and is not controlled by Binance.

Nov 6 Update: #Bitcoin ETFs: 1D NetFlow: -4,832 $BTC(-$366.66M)?? 7D NetFlow: -19,343 $BTC(-$1.47B)?? #Ethereum ETFs: 1D NetFlow: -25,590 $ETH(-$57.31M)?? 7D NetFlow: -174,687 $ETH(-$391.22M)??

After more than a year of inactivity, this whale keeps buying $BTC, purchasing a total of 3,009 $BTC ($228M) today!

U.S. October non-farm payroll growth exceeded expectations, with the unemployment rate falling to 4.1%, showing the labor market remains resilient and giving the Federal Reserve (Fed) more room to shift policy focus to inflationary pressures stemming from the Middle East conflict. Data released Friday by the U.S. Bureau of Labor Statistics (BLS) shows non-farm payrolls rose by 165,000 in October, while the September figure was revised up to a 60,000 gain from the initial 29,000, against market expectations of just a 65,000 increase. Economists estimate the U.S. economy needs to create at least 40,000 jobs monthly to keep pace with growth in the working-age population. Due to a shrinking labor force, this so-called "jobs balance level" has dropped from around 150,000 in 2024 to its current level. With layoff rates at historic lows and a sharp recent rise in job openings, this has further fueled expectations that the labor market may be tightening. However, economists and Fed officials have consistently held that the labor market does not pose an inflation risk. Some economists point out that against the backdrop of tightened immigration policies and population retirements, the shrinking labor supply is the main reason for the U.S.'s relatively low unemployment rate.

According to Lookonchain's monitoring, a crypto whale dormant for over a year has been continuously buying BTC, accumulating a total of 3,009 BTC today, valued at approximately $228 million.