Reuters: China's Bitcoin Mining Market Share Rebounds to Third Place Globally in 2021 After Comprehensive Ban

On November 24th, analysts from the research firm Capital Economics stated that the consensus-driven Federal Reserve has recently exhibited an increasingly serious division. To such an extent that the rate-setting meeting in the next month may face a "possible deadlock." In a report last Friday, the economists of Capital Economics attempted to assess the voting. Four regional Fed presidents on the committee - Collins, Goolsbee, Mussallem, and Schmidt - expressed doubts about the proposal to cut rates next month and were even "completely opposed." Fed governors Ball and Jefferson also sounded cautious. In the dovish camp, three Fed governors appointed by Trump - Bauman, Milan, and Wall - have been advocating for rate cuts, and Williams' statement last Friday seemed to suggest that he might join them. Capital Economics stated: "In this calculation, there are still only four votes in favor of rate cuts and six votes against. However, considering that Williams and Fed Chair Powell often

On November 24th, according to Bloomberg, the fintech company Revolut Ltd. achieved a valuation of $75 billion in its latest round of stock sales. This is a notable increase compared to last year's $45 billion. This funding round was spearheaded by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company. Additionally, Nvidia's venture arm NVentures, Andreessen Horowitz, Franklin Templeton, and the accounts managed by T. Rowe Price also participated. Revolut provides services including checking and savings accounts, international remittances, cryptocurrency, and stock trading.

On November 24th, based on Defilama data, in the past 24 hours, Perp DEX trading volume Lighter regained the top position. The trading volume of Pacifica reached 13 billion and jumped to the sixth place. Meanwhile, the rest of the DEXs saw a decline. The current partial Perp DEX trading volume is as follows: Lighter's 24-hour trading volume is approximately $71.6 billion, with a TVL of about $12 billion and an open interest of $16.3 billion. Hyperliquid has a 24-hour trading volume of about $62.3 billion, a TVL of about $43.2 billion, and an open interest of $63.1 billion. (Link: https://app.hyperliquid.xyz/join/NTOD) Aster has a 24-hour trading volume of about $48.4 billion, a TVL of about $13.4 billion, and an open interest of $21.7 billion. (Link: https://www.asterdex.com/zh-CN/referral/aboter) EdgeX has a 24-hour trading volume of about $39.1 billion, a TVL of about $4.56 billion, and an open interest of $7.01 billion. ApeX has a 24-hour trading volume of about $23.9 billion,

On November 24th, Matt Hougan, the Chief Investment Officer of Bitwise, stated that evaluating DAT companies based on mNAV is not accurate. This is because this valuation method does not take into account the lifecycle of a public company. "Imagine you have a bitcoin DAT that announces it will shut down this afternoon and distribute bitcoin to investors. Its trading price would be exactly equal to the value of its bitcoin (mNAV equals 1.0)." Matt Hougan's analysis indicates that there are three main reasons for a DAT's trading price discount: lack of liquidity, high fees, and high risk. The only reason for a DAT to trade at a premium is whether it increases the cryptocurrency value per share (limited to the United States). Most of the reasons for a DAT trading at a discount are deterministic, while most of the reasons for it to trade at a premium are uncertain. Therefore, most DATs will trade at a discount, with only a few exceptional companies trading at a premium. Over the past six

On November 24th, based on market data, the pre-market price of MON has fallen below $0.03 and is currently trading at $0.02992, with a 24-hour decrease of 7.59%. Previously, it was reported that both Upbit and Bithumb will list the MON/KRW trading pair.

On November 24th, according to official information, Bithumb is going to list the MON/KRW trading pair. Trading is scheduled to commence at 12:00 AM local time on Tuesday, November 25th.