Trump recently purchased over $82 million in bonds related to industries benefiting from his policies
On November 16th, as per Reuters, Trump acquired at least $82 million worth of corporate bonds and municipal bonds from the late August to the early October period. These investments involve brand-new ventures in industries that benefit from his policies. According to a form released by the U.S. Office of Government Ethics, Trump carried out more than 175 financial transactions during this time. The disclosure document did not list the specific amounts of each transaction but only provided rough ranges. Trump's new bond investments cover multiple industries, such as:
Chip Manufacturers: Broadcom (AVGO.O), Qualcomm (QCOM.O)
Tech Companies: Meta Platforms (META.O)
Retailers: Home Depot (HD.N), CVS Health (CVS.N)
Wall Street Banks: Goldman Sachs (GS.N), Morgan Stanley (MS.N)
4 minutes ago
A whale sold 33,366 SOL, worth $4.71 million
On November 16th, as per the monitoring of LookOnChain, the whale "DYzF92" has just sold 33,366 SOL that were purchased 7 months ago. The value of these SOL was $4.71 million, resulting in a loss of $230,000.
Initially, they bought 32,083 SOL with a value of $4.94 million. And in the past 7 months, they earned 1,283 SOL (worth $181,000) through staking. Nevertheless, they still ended up with a loss.
4 minutes ago
Yala: We have noted the community's concerns regarding the stablecoin YU and are actively investigating.
On November 16th, the stablecoin protocol Yala announced that it has been made aware of recent community concerns and is currently conducting active investigations. Further updates will be provided shortly.
Yesterday, within the DeFi community YAM, it was posted that the Yala stablecoin YU has encountered a situation similar to that of USDX. A suspicious address borrowed a large amount of USDC at an extremely high interest rate but has failed to repay the debt. An address closely related to Yala has been borrowing all available USDC and the majority of YU funds from the Yala Frontier market on Euler. Despite the high interest rates, no repayments have been made. Currently, the market's fund utilization rate has reached 100%, indicating that lenders are unable to withdraw any liquidity. The Euler team has also set the lending limit on the Yala market on Frontier to zero. YAM also stated that currently, YU on Solana still maintains a pegged exchange rate, and there is nearly one million
4 minutes ago
In the past week, Bitmine has accumulated a total of 67,021 ETH, approximately $234.47 million.
On November 16th, as monitored by TheDataNerd, during the past week, Ethereum's first-position institution Bitmine increased its holdings by a total of 67,021 ETH from Galaxy Digital, FalconX, and Coinbase. This amounts to approximately $234.47 million.
4 minutes ago
Santiment: BTC Social Discussion Volume Hits 4-Month High, Likelihood of Market Reversal Significantly Increasing
On November 16th, the cryptocurrency sentiment analysis platform Santiment pointed out that the social media discussion volume of Bitcoin has surged. Although this is not necessarily a signal of the market bottoming out, the probability of a market reversal is significantly increasing. Last Friday, when Bitcoin's price dropped below $95,000, the discussion intensity reached a 4-month high, indicating that retail investors' extreme panic and FUD sentiment are in full swing.
4 minutes ago
SOL Spot ETF has seen net inflows for 14 consecutive trading days, with a total inflow of $382 million.
On November 16th, according to Farside Investors, the US SOL Spot ETF has witnessed net inflows for 14 consecutive trading days starting from its listing on October 28th, with a total inflow of $382 million. Specifically, Bitwise's BSOL received a net inflow of $3.578 billion, while Grayscale's GSOL saw a net inflow of $24.4 million.
4 minutes ago