[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）

[ARK Invest Increases Holdings by 169,407 Shares of BitMine Stock, Total Value Approximately $5.83 Million] According to ARK's daily trading disclosure, the ARK Fintech Innovation ETF (ARKF) increased its holdings by 18,089 shares of BitMine stock, the ARK Next Generation Internet ETF (ARKW) purchased 34,637 shares, and the ARK Innovation ETF (ARKK) added 116,681 shares, bringing the total increase to 169,407 shares, valued at approximately $5.83 million. Additionally, ARKF bought 8,063 call option shares, ARKW increased holdings by 15,441 shares, and ARKK purchased 52,011 shares, with a total purchase volume of 75,515 shares, valued at approximately $2.91 million.

Binance HBAR/USDT's perpetual trading volume surged 11 times within 10 minutes, with a turnover of $100 million in the past 24 hours, a decrease of 2.45% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world

[PayPal Co-Founder Peter Thiel Reduces Bitmine Holdings to Approximately 2.547 Million Shares] According to documents submitted to the U.S. SEC, Founders Fund, the venture capital firm led by PayPal co-founder Peter Thiel, has sold half of its holdings in Bitmine, now holding 2,547,001 shares. Previously, Peter Thiel, through related entities, held a total of 5,094,000 common shares of BitMine Immersion Technologies, Inc. (Stock Code: 09175A206), accounting for 9.1% of the company's issued shares.