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Solana Company's Board of Directors Approves $100 Million Common Stock Repurchase Plan

2 hours ago

On November 5th, as per globenewswire, Solana Company (Nasdaq: HSDT) made an announcement today. The company's board of directors has given the green light to a stock repurchase plan under which up to $1 billion of its issued common stock can be repurchased. This stock repurchase plan is open-ended. The company has the flexibility to repurchase its shares on the open market or through negotiated transactions at various times.
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Another smart trader, 6UFLbg, who made $10.9M on $TRUMP, spent $10K to buy 993,165 $GHOST today.

Another smart trader, 6UFLbg, who made $10.9M on $TRUMP, spent $10K to buy 993,165 $GHOST today.

7 minutes ago

Bitcoin Rises to Touch $104,000

On November 6th, according to HTX market data, Bitcoin rebounded and touched $104,000. It is currently trading at $104,000, with a 24-hour increase of 1.65%.

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The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 64.5%.

On November 6th, based on CME's "FedWatch" data, the likelihood of a 25-basis-point Fed rate cut in December is 64.5%, and the probability of keeping rates unchanged is 35.5%.

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In the past 24 hours, the entire network has witnessed a total liquidation of $1.603 billion, with the majority coming from long positions.

On November 6th, according to Coinglass data, within the past 24 hours, the total value of positions that underwent liquidation across the entire network was $1.603 billion. Among them, $1.195 billion was in long liquidation and $0.408 billion was in short liquidation.

7 minutes ago

Bank of England Deputy Governor Broadbent: Keeping the US and UK in sync on stablecoin regulation is crucial

On November 6th, the Deputy Governor of the Bank of England, Broadbent, stated that it is of great significance for the United States and the United Kingdom to remain synchronized in the regulation of stablecoins. (FX168)

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GiggleFund: Starting from December 1st, each Giggle transaction on Binance will reduce the token supply

On November 6th, GiggleFund's official post indicated that because of Binance's latest update, starting from December 1st, 50% of the trading fees of all Giggle trading pairs will be converted into Giggle and donated to Giggle Academy and partially burned. This implies that each transaction will lead to a reduction in the token's supply. This indicates that continuous donations combined with ongoing token burning will establish a benign self-reinforcing positive feedback loop mechanism.

7 minutes ago