Uniswap team has initiated a proposal to activate the Protocol Fee Switch.

On November 11th, as per the monitoring of lookinchain, the whale that had previously borrowed 66,000 ETH, sold it, and then purchased 257,543 ETH during a market decline. It has now bought an additional 23,501 ETH (approximately $82.63 million). Additionally, it has once again borrowed 40 million USDT and transferred it to Binance, likely getting ready to continue purchasing more ETH.

On November 11th, based on on-chain data, Tether issued an additional 1 billion USDT on the Ethereum network. In the past month, a total of $11.75 billion in stablecoins have been issued by Tether and Circle.

On November 11th, as reported by The Wall Street Journal, U.S. House Speaker Johnson informed Republicans that he anticipates voting on a stopgap funding bill on Wednesday. (Golden Ten)

On November 11th, Federal Reserve Governor Milan stated on Monday. Considering the softening labor market and declining inflation, he believed that the Fed should cut interest rates by 50 basis points in December. He regarded a 25 basis point cut as the "minimum" appropriate action. Milan pointed out: "We have obtained new inflation data, which is better than expected. This indicates that compared to the FOMC meeting in September, it is reasonable to adopt a more moderate policy stance. At that time, the majority of decision-makers thought that by the end of the year, there should be a total of three rate cuts, each being 25 basis points." The Fed has already cut rates by 25 basis points in both September and October. However, Milan emphasized that the unemployment rate is on the rise, "owing to overly tight policies. Therefore, we must adjust the policy, continuously and gradually cut rates to prevent this tightening from imposing greater pressure on the economy and further raising