Ripple CEO Garlinghouse predicts crypto 'reset' after US election, criticizes Biden administration

[2000 ETH Transferred from Chun Wang (F2Pool) to Binance] According to Arkham data, at 17:23 (UTC+8) today, 2000 ETH (valued at approximately $6.3056 million) were transferred from Chun Wang (F2Pool) to Binance.

According to the heat ranking, ZEC's popularity has increased by 940000 followers compared to yesterday, ranking first. The heat ranking is as follows: ① ZEC （$677.72，28.91%） ② ETH （$3159.87，-0.90%） ③ BEAT （$0.4963，21.82%） ④ SOL （$141.43，-0.36%） ⑤ DASH （$82.83，23.92%） The purchasing power of ZEC's main funds is weak, with a net inflow of $103 million in 24 hours and a transaction volume of $8.232 billion in 24 hours, of which the main funds have a net outflow of $8.3058 million.

[Bitdeer Mined 125.5 Bitcoins This Week, Total Holdings Increased to 2,470.3 Bitcoins] Bitcoin mining company Bitdeer announced that as of November 14, its Bitcoin holdings had increased to 2,470.3 Bitcoins (excluding customer deposits). This week's mining output was 125.5 Bitcoins, while 70.3 Bitcoins were sold, resulting in a net increase of 202 Bitcoins.

[CryptoQuant Founder: Funds Flowing into Bitcoin, Bear Market Not Confirmed] CryptoQuant founder and CEO Ki Young Ju stated that as long as funds continue to flow in, Bitcoin cannot be considered in a bear market. Currently, funds are still flowing into Bitcoin. He believes that if OG whales stop selling and macro market sentiment reverses, Bitcoin could rebound. He also mentioned that the cost basis for investors who entered the Bitcoin market 6-12 months ago is close to $94,000. Unless the price falls below this level, he does not believe a bear market cycle has begun.

The latest data shows that the probability of a rate cut in December has dropped to below 50%. （Cointelegraph）