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Monad Tokenomics: 7.5% to be issued at a $2.5B Fully Diluted Valuation (FDV), 3% distributed through airdrop

2 hours ago

November 10th. According to market intelligence, Monad has made its tokenomics public. 7.5% of the tokens will be sold at a fully diluted valuation (FDV) of $25 billion, and 3% of the tokens will be distributed through airdrops. The remaining 89.2% of the tokens will be allocated to the ecosystem, the team, investors, and the treasury.
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Federal Reserve Governor Milan: A 50 Basis Point Rate Cut in December Was Appropriate, At Least 25 Basis Points Cut

November 11th: Governor Milan of the Federal Reserve stated that since September, the data has shown that the outlook has not changed significantly with the end of the government shutdown. The Fed's stance should be more dovish than it was in September. A rate cut of 50 basis points in December would be appropriate, along with at least a 25 basis point cut. (FXStreet)

2 minutes ago

A whale address withdrew 3 million TRUMP coins from Binance 3 days ago, now sitting on a $340,000 profit.

On November 10th, as observed by LookOnChain's monitoring, a whale address withdrew 3 million TRUMP from Binance three days prior (presently amounting to 26.67 million US dollars). With the price of TRUMP surging above 9 US dollars, the "whale" now holds an unrealized profit of 3.4 million US dollars.

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Paxos Issues an Additional 100 Million PYUSD on the Ethereum Network

Update: On November 10th, as per the monitoring by whale-alert, Paxos minted an extra 100,000,005 PYUSD on the Ethereum network at 23:29 UTC on this day.

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An address believed to be associated with Bitmine has received 23,500 ETH from BitGo

On November 10th, as monitored by Onchain Lens, a newly established wallet received 23,521 ETH from BitGo, with an approximate value of $83.17 million. This wallet is likely to belong to Bitmine.

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Analyst: BitMine's ETH Holding Cost is approximately $4020, and this additional purchase slightly lowered the average price.

On November 10th, on-chain data analyst Yu Jin posted on social media and stated that Bitmine purchased 110,000 ETH last week, which is approximately $385 million. As a result, its total ETH holdings reached 3.505 million ETH, approximately $12.42 billion. However, the overall cost for ETH is as high as $4,020. Currently, it is suffering a significant unrealized loss of $1.66 billion. This additional purchase is regarded as a move to lower the average acquisition price.

2 minutes ago

U.S. House Speaker: Believes There Are Enough Votes to Pass Stopgap Funding Bill

On November 10th, the Speaker of the U.S. House of Representatives, Johnson, stated that he is of the belief that there are an adequate number of votes to pass the stopgap funding bill. (Golden Ten)

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