Powell: Interest Rates Now Within Range of Many Neutral Rate Estimates

On November 1st, Sentora released its weekly market report titled "Perpetual Contract Monthly Trading Volume Surpasses $1 Trillion, Fed Rate Cut: What Is the Future Direction of DeFi?", stating as follows: The on-chain transaction fees of Bitcoin witnessed a slight decrease, falling by 8.6% to $2.03 million. This suggests that the current BTC rally is mainly driven by spot accumulation rather than a surge in transaction demand. The seven-day net outflows from trading platforms reached a high of $20.6 billion, sending a strong bullish signal and indicating a strong accumulation trend in the market. Investors are transferring Bitcoin to their own accounts for long-term holding, thereby reducing the spot supply. The monthly trading volume of decentralized perpetual contracts has exceeded the $1 trillion mark for the first time. According to DefiLlama data, the 30-day perpetual futures trading volume is currently around $1.3 trillion (rolling data), with an open interest of around

On November 1st, based on Coinglass data, the total open interest of ZEC futures contracts across the entire network is 1.63 million ZEC (approximately $7.13 billion), showing a 25% increase in the past 24 hours. The 24-hour spot trading volume of ZEC is $604 million, and the futures contract trading volume is $3.51 billion. Currently, the funding rates of ZEC on major mainstream exchanges are mostly in the negative range, with a leading position in short positions. According to HTX market data, ZEC is currently trading at $438, with a 13.95% increase in the past 24 hours.

Three wallets withdrew 549 $SOL($102K) from #Binance and bought 5.07M $GHOST over the past two hours.

On November 1st, Binance Alpha is set to launch the THORWallet (TITN) airdrop on November 3rd. Those eligible users can access the Alpha event page once trading commences and claim the airdrop by using Alpha Points. Further details will be made public shortly.

On November 1st, Binance Alpha is set to launch Marina Protocol (BAY). Alpha trading will commence on November 1st, 2025 at 16:00 (UTC+8). Qualified users will be able to claim a 400 BAY token airdrop by using Alpha points within 24 hours after the start of trading. The airdrop will be carried out in two phases: Phase 1 (First 18 hours): Users with a minimum of 245 Alpha points can claim the airdrop. Phase 2 (Last 6 hours): Users with at least 230 Alpha points can participate in the airdrop on a first-come, first-served basis. If the reward is not completely distributed, the points threshold will automatically decrease by 15 points per hour.

On November 1st, analyst Murphy stated in a post that the current BTC spot price chip concentration within a 5% range has increased to 17.6%, reaching the highest level in nearly two years. This shows that the chip structure is rapidly tightening, and after energy accumulation, a potential large-scale fluctuation is about to occur. On September 30th, the BTC chip concentration within a 5% range of the spot price rose to 15%. Shortly before this, BTC experienced a strong rebound and broke through its historical high. Looking at the performance of this data over the past 2 years, there have been 8 cases where the concentration exceeded 13%. After that, BTC has shown fluctuations of different degrees. However, volatility measures the amplitude of the price movement rather than the direction. The upward and downward movements are disorderly and there is no clear pattern to follow, but a significant fluctuation is about to happen. This analysis is for learning and communication purposes on