Whale address 0xdc17: Transfer 52.5 million BANKs (3.36 million US dollars) to Bitget

[Federal Reserve's Hammack: Policy Needs to Remain Tight to Reduce Inflation Pressure] On November 14, Federal Reserve's Hammack stated that a weakening labor market poses challenges to the Fed's employment mandate, with the current unemployment rate nearing its peak. Some inflation may be driven by tariffs, but service inflation is concerning. The Fed's policy needs to maintain a certain degree of tightness to reduce inflation pressure. Tariffs are expected to push inflation rates higher before early next year.

[Federal Reserve's Harker Says Policy Needs to Remain Restrictive to Reduce Inflation Pressure] Federal Reserve's Harker stated that the Fed's policy needs to remain somewhat restrictive to reduce inflation pressure.

OKX-BTC/USDT is currently trading at $99961.70, with a 5-minute drop of 0.16%. Please be aware of market fluctuations.

[Bermuda Monetary Authority Issues Digital Asset Business License to DerivaDEX] The Bermuda Monetary Authority has issued a digital asset business license to DerivaDEX, a decentralized derivatives exchange governed by a decentralized autonomous organization.

[Babylon Completes Mainnet Upgrade, BABY Annual Inflation Rate Reduced to 5.5%] On November 14, Babylon announced the completion of its mainnet upgrade and implemented two key adjustments to the BABY tokenomics, along with the addition of a BTC staking extension feature. Specifically: 1. The BABY annual inflation rate has been reduced from 8% to 5.5%, decreasing the minting of 250 million BABY tokens per year; 2. A joint staking feature has been introduced, allowing users to stake both BTC and BABY simultaneously for higher rewards; 3. A BTC staking extension feature has been added, enabling stakers to extend their staking time lock without unlocking their stakes.