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Back noted that the crypto community’s reaction to bitcoin’s latest rally to $73,000 was lackluster.
The meme coin market cracked a multi-year record in weekly trading volume amid explosive rallies. Shiba Inu led the meme coin market with a weekly trading volume of $31 billion. Shiba Inu’s trading volume last week surpassed the DOGE figures and Solana.
Ethereum Foundation’s Tim Beiko called Dencun one of the most complex forks since the Merge, with most EIPs implemented in a fork.
BTC price records keep coming with $74,000 on the table in advance of another day's Bitcoin ETF inflows
In the past 24 hours, many new popular tokens and topics have emerged in the market, which could potentially be the next wealth creation opportunity.
- 04:46Data: Australia's Monochrome spot Bitcoin ETF holds 206 BTCAccording to official news, the Australian Monochrome spot Bitcoin ETF (IBTC) held 206 BTC as of November 13.
- 04:26Fed's mouthpiece: Inflation remains firm, but not enough to disrupt the Fed's December rate cut planFederal Reserve mouthpiece and renowned Wall Street Journal reporter Nick Timiraos recently wrote that consumer prices in October slightly rebounded after recording the slowest growth rate in three and a half years last month, indicating that inflation continues to decline on an uneven and rugged path. The latest report may not be enough to prevent the Federal Reserve from cutting interest rates again in December. However, with robust consumer spending and stable hiring, stronger inflation could spark a larger debate at officials' next meeting - discussing whether to slow down the pace of rate cuts early next year.
- 04:24Former US Treasury Secretary warns: If Trump fulfills his promise, it will trigger an "inflation crisis" unseen for decadesFormer US Treasury Secretary Summers stated that if President-elect Trump truly fulfills his promises, the United States will once again experience a severe inflation crisis. Summers pointed out that Trump's promised domestic tax cuts, increased tariffs, and expulsion of illegal immigrants will have a serious impact on the US economy. "If he insists on implementing the plans he promised during the campaign, then this country will suffer an inflation crisis greater than that of 2021."
