CZ Responds to "Whale's 3x ASTER Short": Anyone Can Short

On November 3rd, according to EmberCN's monitoring, the "7 Siblings" address spent 8.15 million USDC to purchase 2,210 ETH today after a 4% decline in ETH, with an average price of $3,687. Since the significant drop on 10/11, they have used a total of 32.48 million USDC to buy 8,719 ETH, with an average price of $3,725: · On 10/11, after a 10% drop in ETH, they used 13 million USDC to buy 3,485 ETH at a price of $3,730; · On 10/17, after a 7% drop in ETH, they used 11.33 million USDC to buy 3,024 ETH at a price of $3,747; · On 11/3, after a 4% drop in ETH, they used 8.15 million USDC to buy 2,210 ETH at a price of $3,687.

On November 3rd, as per an official announcement, Bitget has declared the launch of the U-based KITE perpetual contract, featuring a maximum leverage of up to 25 times. The contract trading BOT will also become available simultaneously.

November 3rd. In the North American region, Daylight Saving Time has come to an end. Consequently, the trading hours of the US and Canadian financial markets (Gold, Silver, WTI Oil, US Stocks, etc.) and the release time of economic data will be one hour later compared to Daylight Saving Time. Starting from today, Gold, Silver, and WTI Oil will commence trading at 07:00 Beijing Time and close at 06:00 the following day. US Stocks will open at 22:30 Beijing Time and close at 05:30 the next day. Please pay attention to these changes, dear investors. (FX168)

On November 3rd, Bitmine witnessed an increase in its ETH holdings during the previous week by 82,353 coins. The total value of these holdings amounts to approximately $3.059 billion. As of the present moment, the company holds a cumulative total of 3,395,422 ETH, which is valued at around $12.61 billion based on the current prices.

On November 3rd, Ripple made an announcement regarding the launch of a digital asset spot prime brokerage service specifically for the U.S. market. U.S. institutional clients now have the ability to carry out over-the-counter spot trades for dozens of major digital assets via the Ripple platform. These assets include XRP and RLUSD.

On November 3rd, Federal Reserve Governor Smilan stated that it is not appropriate to overly focus on the strength of the stock market and the corporate credit market when assessing monetary policy. He holds the view that the current monetary policy remains overly tight, thereby increasing the risk of an economic downturn. In an interview, Smilan said, "The financial markets are influenced by multiple factors, not just monetary policy alone." He used this reasoning to justify why, last week when voting on a 25-basis-point rate cut in the first quarter, he opposed a 25-basis-point cut and inclined towards a 50-basis-point cut. He pointed out that in interest rate-sensitive industries such as the housing market that are performing poorly and some private credit markets are under pressure, factors like the rise in stock prices and the narrowing of corporate credit spreads "may not necessarily provide an accurate indication of the monetary policy stance." (FX678)