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Musk: X Money to Launch Soon

2 hours ago

On November 14th, Musk said, "X has just launched a whole new range of communication features, such as encrypted messaging, audio/video calls, and file transfer. X Money will be arriving shortly."
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Federal Reserve Harker: Fed Policy Needs to Maintain Some Level of Tightening to Reduce Inflationary Pressure

On November 14th, Federal Reserve's Harker stated that as the labor market weakens, the employment aspect of the Fed's mandate is facing challenges. It is reported that inflation is too high and moving in the wrong direction. The current unemployment rate is approaching its peak. This is a difficult period for monetary policy. Some inflation may be driven by tariffs. However, service inflation is truly a cause for concern. The Fed's policy needs to maintain a certain degree of tightening in order to reduce inflationary pressures. Tariffs are expected to boost the inflation rate until the early next year. (Xinhua Finance)

31 minutes ago

NASDAQ's decline widens to 2%, while the S&P 500 index is currently down 1.29%.

November 14th: The Nasdaq experienced a 2% decline, and the S&P 500 Index is currently down by 1.29%. Nvidia (NVDA.O) saw a 4% decrease. (Oriental Fortune Network)

31 minutes ago

Bitcoin Temporarily Drops Below $100,000

On November 14th, based on HTX market data, Bitcoin briefly fell below $100,000, with a 24-hour decline of 1.81%.

31 minutes ago

Babylon has completed its mainnet upgrade, reducing the BABY yearly inflation rate from 8% to 5.5%.

On November 14th, Babylon announced that the "mainnet upgrade was successfully completed. Two key BABY tokenomic adjustments have come into effect, and a convenient BTC staking extension feature has been added: · The annual inflation rate has been reduced from 8% to 5.5%. Annually, 2.5 billion fewer BABY tokens will be minted, achieving a more sustainable tokenomics. · The introduction of Co-staking: Users staking both BTC and BABY simultaneously will receive higher rewards than staking individually. · The BTC Staking Extension Feature: It allows BTC stakers to extend the time lock of their existing stakes without the need to unlock them.

31 minutes ago

The US Dollar Index (DXY) drops below 99, marking the first time since October 30th.

On November 14th, the US Dollar Index (DXY) witnessed its first drop below 99 since October 30th, with an intraday decline of 0.47%. (FXStreet)

31 minutes ago

In the past 24 hours, the entire network has seen over $400 million in liquidations, with long positions hit the hardest.

On November 14th, according to Coinglass data, a total of $402 million has been liquidated across the network in the past 24 hours. Among them, $277 million was from long liquidations and $125 million was from short liquidations.

31 minutes ago

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