BitMine increased its ETH holdings by 54,156 coins last week, with the total asset under management decreasing by $1.4 billion compared to the previous period.

On November 18th, based on HTX market data, Ethereum dropped below $3,100 and is currently priced at $3,094.

On November 18th, according to on-chain data analyst Yu Jin, BitMine witnessed an increase of 54,000 ETH (approximately $180 million) in its ETH holdings last week. Its total ETH holdings have now reached 3.56 million ETH (approximately $11.27 billion), approaching 3% of the total ETH supply. Currently, its average ETH holding cost is $4,019, with an unrealized loss of $2.98 billion (-21%).

On November 17th, based on market data, after the DappRadar platform announced its imminent shutdown, the RADAR token initially saw a surge of about 18%, and then plummeted by about 40%. Currently, the price has dropped by approximately 30% compared to before the announcement. It is now trading at $0.0007836, with a market capitalization of only $1.2259 million and a fully diluted valuation of $8.03 million. BlockBeats previously reported that the well-known crypto data website DappRadar announced its upcoming shutdown due to financial difficulties. Further details regarding the DAO and RADAR token will be communicated through regular DAO channels.

November 17th. The renowned crypto data website DappRadar made a post on social media, stating "Seven years have passed, and it's time to bid farewell." It announced the closure of the platform: "We have reached a difficult decision to shut down the DappRadar platform. In the current context, operating a project of this magnitude has become increasingly difficult from a financial sustainability standpoint. After exploring all possible avenues, we had to make this tough decision. When we launched in 2018, the field was still in its nascent stage. There were few early decentralized applications, and explorers were scarce. Many questions about the future of decentralized applications remained unanswered. Inspired by Cryptokitties, we established DappRadar with the hope of assisting people in exploring and understanding this new world. We have experienced the ups and downs of the market cycle together. We are proud to have helped millions of users discover decentralized applications, co

On November 17th, Federal Reserve Vice Chair Jefferson expressed that financial innovation has always been a distinctive feature of the U.S. financial system, and the emergence of digital assets is part of it. The Fed's regulation neither gives impetus to nor deters the use of cryptocurrency. This is because it is in the domain of the private sector. The Fed's role is to ensure that while the public embraces new technology, the banking sector remains stable and secure. As long as the Fed's policies are in line with the needs of businesses and households, there is no reason to think that cryptocurrency and other innovations will impact the Fed's monetary policy capabilities. (First Squawk)

On November 17th, based on HTX market data, Bitcoin dropped below $94,000 and wiped out all its previous gains after the U.S. stock market opened. It is now trading at $93,865. Previously, Bitcoin surged by 2% within 5 minutes after the U.S. stock market opened and briefly exceeded $96,000.