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Bitget Appoints Ignacio Aguirre Franco as Chief Marketing Officer (CMO)

4 hours ago

On November 7th, Bitget made an announcement regarding the appointment of Ignacio Aguirre Franco as the Chief Marketing Officer (CMO). Ignacio possesses more than fifteen years of experience within the technology, fintech, and blockchain domains. He has held senior positions at internationally renowned companies like Adobe, SAP, Scorechain, and Xapo Bank. This has equipped him with extensive global brand operation and user growth expertise. As the CMO, Ignacio's core duties will focus on Bitget's Universal Exchange (UEX) vision. He will drive the seamless amalgamation of CeFi, DeFi, and TradFi ecosystems, thereby creating a diverse financial ecosystem for the "one-stop purchase of global assets." Simultaneously, he will be responsible for the global brand strategy, enhancing user engagement and optimizing product narratives. This will expedite the adoption of Bitget's on-chain trading, stock contracts, GetAgent, and other innovative products. It will inject crucial momentum into the company's goal of surpassing 150 million users by 2026.
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US Stock Market Opens Lower, Crypto-related Stocks Experience a Broad Decline, with Strategy Inc. Plunging by 5.14%

On November 7th, based on market data, the U.S. stock market opened with all three major indexes opening lower collectively. The S&P 500 index fell below 6,700 points, and the Nasdaq fell below 23,000 points. U.S. stock crypto concept stocks generally declined, including: Strategy (MSTR), which fell by 5.14%; Circle (CRCL), which fell by 2.07%; Coinbase (COIN), which fell by 1.28%; MARA Holdings (MARA), which fell by 3.73%; Riot Platforms (RIOT), which fell by 5.48%; Bitmine Immersion (BMNR), which fell by 1.35%; and SharpLink Gaming (SBET), which fell by 2.42%.

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SOL sees short-term dip to $150, with a 4.89% decrease in the last 24 hours

On November 7th, based on HTX market data, SOL witnessed a short-term decline and touched $150. It is currently trading at $150.4, indicating a 24-hour decrease of 4.89%.

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James Wynn Reveals 40x Bitcoin Short Position Profit, Entry Price $105,148.7

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Due to the continued drag from weak U.S. employment data, the U.S. Dollar has weakened.

On November 7th, the US Dollar Index (DXY) dipped to a one-week low. This occurred as investors continued to absorb the weak US private sector employment data from Thursday. The US Challenger business layoff data revealed a significant rise in layoffs during October, which strengthened market expectations of another Fed rate cut in December. During the US government shutdown, as there was a lack of official data, the market became more dependent on data from private institutions. Analyst Chris Turner from ING pointed out in a report that the decline of the dollar might also reflect an improvement in money market conditions. The borrowing volume for the Fed's overnight standing repo facility (SRF) has decreased to zero, while a week ago, the facility was being utilized up to $500 billion. (FXStreet)

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The Graph has introduced the first blockchain-native database, Amp, designed for enterprise-scale development, and has received recognition from DTCC.

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Tether Secures First-Ever Board Seat at Juventus Club

On November 7th, Paolo Ardoino, the CEO of Tether, announced that Tether has just obtained its first seat on the board of directors of Juventus Club. Francesco Garino has been verified as the representative of Tether to join the Juventus board. Previously reported by BlockBeats that on June 25th, Tether, which is currently the second-largest shareholder of Juventus after Exor NV, the club's largest shareholder. Exor is the investment company of the Italian billionaire Agnelli family and has been in charge of the football club for more than a century. According to a statement from Tether, Tether is also aiming to obtain a seat on Juventus's board of directors.

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