Overview of Major Overnight Developments on November 4
7:00 (UTC+8) - 12:00 (UTC+8) Keywords: Strategy, BitMine, Alphabet 1. The probability of a 25 basis point rate cut by the Federal Reserve in December is 67.3%; 2. Strategy increased its holdings by 397 BTC last week, with an average price of $114,771; 3. Google’s parent company Alphabet is seeking to raise $15 billion through a US dollar bond issuance; 4. BitMine increased its holdings by 82,353 ETH last week, bringing its total holdings to 3.395 million ETH; 5. Last week, US spot Bitcoin ETFs saw a net outflow of $802 million, with a trading volume of $25 billion; 6. Federal Reserve Governor Cook: A rate cut in December is possible, but it will depend on subsequent new data; 7. Strategy plans to launch euro-denominated perpetual preferred shares, with the funds to be used to purchase more Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Client nodes, console, and API were not modified; Chainstack discloses attacker used the ARTEX framework
Elon Musk changes his stance! Tesla (TSLA.US) delays Cybertruck production halt to late summer 2027, just two days after suggesting “refund deposits”
Elon Musk stated that Cybertruck production will be extended until late summer 2027 to clear the order backlog, and Tesla's stock price rose by about 4%.
Japanese dovish policymaker urges "slow down": Price increases are not driven by demand, rate hikes may drag down the economy and inflation
Toichiro Asada, a member of the Bank of Japan's Policy Board, stated that the central bank needs to remain cautious and closely monitor the impact of rate hikes on the economy, as rising interest rates pose the risk of suppressing the inflation trend.
Crypto prices
More
