PANews reported on November 9 that according to Jinshi, strategists including Teresa Ho of JPMorgan Chase expect that given that liquidity conditions have returned to normal after the end of October, the Federal Reserve will end quantitative tightening (QT, i.e., shrinking the balance sheet) in the first quarter of 2025, which was previously expected to be completed by the end of 2024. The increase in the supply of U.S. Treasury bills and repurchases, and the expansion of money market funds to longer maturities amid weakening expectations of easing have all drawn more funds from the Fed's overnight reverse repurchase facility.

PANews reported on November 9 that according to data disclosed in the NFT report released by CoinGecko, CryptoPunks currently dominates the NFT market, with a 30.9% share in the top series, and its top position has been consolidated since it surpassed Bored Ape Yacht Club (BAYC) in May 2023. Previously, in early 2022, CryptoPunks' dominance was 24.8%, lagging behind the then leader BAYC's 29.3%. Although CryptoPunks briefly surpassed BAYC in November 2022 and then slipped to second place, due to its more elastic reserve price, this pixel art NFT successfully maintained a narrow market share gap and regained the top spot in May 2023.

PANews reported on November 9 that this week, the "Trump deal" set off global markets, with the dollar and U.S. stocks rising sharply. Although the 47th U.S. president will officially take office on January 20, 2025, the market has begun to anticipate the impact of some of Trump's policies (which are likely to be implemented). However, the market still expects that the Fed's December rate cut is a foregone conclusion, and the meeting in January next year may be interesting for the Fed, when Trump will take office.

According to @ai_9684xtpa, the smart money with a swing win rate of 85.7% made a profit of $1.51 million in the 15th swing trade. In the past half hour, the smart money cleared the 11,267 ETH (cost $2,910) bought yesterday at an average price of $3,043.6, about $34.29 million. Currently, 13 out of 15 trades are profitable, with a win rate of 86.7%, and a total profit of $5.38 million.

According to Onchain Lens, after 8 years of silence, an ETH whale has started selling its $ETH assets. 8 years ago, the whale received 12,229 ETH from @ShapeShift, worth $149,000, with an average price of $12.22. 6 hours ago, the whale transferred all its ETH to a new address and started selling. So far, 3,367.5 ETH have been sold for $10.16 million, with an average price of $3,018. The wallet still holds 8,862 ETH, worth $27 million.

Grayscale Bitcoin Mini Trust ETF BTC had a net outflow of $0.00 per day, and the current total net inflow of Grayscale Bitcoin Mini Trust BTC is $542 million. The Bitcoin spot ETF with the largest net inflow in a single day yesterday was BlackRock ETF IBIT, with a net inflow of $206 million per day, and the current total net inflow of IBIT is $27.387 billion. The second is Fidelity ETF FBTC, with a net inflow of $33.5197 million per day, and the current total net inflow of FBTC is $10.761 billion.

Grayscale Ethereum Mini Trust ETF ETH had a net outflow of $0.00 per day, and the current total net inflow of Grayscale Ethereum Mini Trust ETH is $302 million. The Ethereum spot ETF with the largest net inflow in a single day yesterday was BlackRock ETF ETHA, with a net inflow of $59.7681 million per day, and the current total net inflow of ETHA is $1.437 billion. The second is Fidelity ETF FETH, with a net inflow of $18.3954 million per day, and the current total net inflow of FETH is $557 million.

According to @ai_9684xtpa, Tether has transferred 632 million USDT to Cumberland DRW in the past 13 hours. In the past three days, the total amount of USDT transferred from Tether Treasury to DWR has reached 1.178 billion; since November, ERC20 USDT has been issued nearly 3 billion net. Cumberland DRW is one of Binance's important market makers, and about 79% of the USDT issued to Cumberland will be sent directly to Binance.

According to official data, in the seven days ending November 7, Circle issued about 3.7 billion USDC, redeemed about 1.6 billion USDC, and the circulation increased by about 2.2 billion. The total circulation of USDC is 36.8 billion, and the reserve is about 37 billion US dollars, of which about 4.9 billion US dollars are in cash, and the Circle Reserve Fund holds about 32.1 billion US dollars.

According to on-chain analyst Ember, a whale who earned $8.01 million in $WIF in September has built a WIF position again: he withdrew 6.9 million WIF ($15.87M) from Binance 4 hours ago at a price of $2.3. He previously hoarded 9.8 million WIF at the bottom of $1.53 through Binance and Bybit in early September, and then sold it at $2.35 at the end of September, making a profit of $8.01 million (+53%).

Vitalik published an article titled "From prediction markets to info finance". Vitalik believes that even if the existing prediction market is a very useful tool for the world, the prediction market is only one use case of the "information finance" category, which has the potential to be better implemented in social media, science, news, governance and other fields.

Nate Gerac, president of The ETF Store, disclosed on the X platform that the assets of BlackRock's Bitcoin exchange-traded fund iShares Bitcoin ETF (IBIT) have surpassed its gold exchange-traded fund iShares Gold ETF (IAU), which was achieved in just 10 months. IAU was launched in January 2005.

CZ said on the X platform that when Bitcoin continues to hit new all-time highs, investors should conduct proper risk management. There will be many troughs (and peaks) in the future, so make sure you can handle them. Control your greed and don't put all your eggs in one basket.