Leading Ethereum treasury firm BitMine appoints new CEO, expands board

[Peter Schiff Questions Michael Saylor's Remarks on the Impact of a 90% Bitcoin Drop on MSTR] Economist and cryptocurrency critic Peter Schiff questioned Michael Saylor's views in a post on the X platform. Saylor stated that even if Bitcoin's price drops by 90%, MicroStrategy (MSTR) would not be affected. Schiff pointed out that even if this claim holds true, shareholders would still struggle to accept a 90% investment loss. He further emphasized that if Bitcoin's price plummets by 90%, MSTR's stock price could fall below the value of the Bitcoin it holds, leading to even greater losses.

[Monad Mainnet Will Launch Next Monday] On November 23, Monad officially announced that the MON token sale on Coinbase has been completed, with a total of 85,820 participants pledging $269 million. The Monad mainnet will launch next Monday.

[Bitwise CEO Increases Bitcoin Holdings at $85,000 Price Point] Bitwise CEO Hunter Horsley posted on the X platform, stating that he has once again increased his Bitcoin holdings at the $85,000 price point and mentioned feeling great about it. Earlier this Monday, Hunter Horsley had disclosed purchasing Bitcoin at the $89,000 price point.

According to AiCoin's real-time on chain monitoring, from 10:36-10:38 (UTC+8) today, the "Calm Open King" reduced its ZEC short position by 1363 ZEC, with a value of $801000. As of press time, the value of its ZEC short position is $76.2 million, with a floating profit of $70000. Whale Address: 0x9263c1bd29aa87a118242f3fbbba4517037f8cc7a

Binance BNB/USDT is currently trading at $848.86, with a 5-minute increase of 0.36%. Please pay attention to market fluctuations.