ETH breaks through the $3600 mark

Anti CZ Whale has shifted from short to long ETH and currently holds 32800 ETH (worth approximately $119.6 million) with unrealized profits exceeding $15 million. At the same time, its short positions in ASTER and PEPE are still profitable. （Lookonchain）

[Iranian Parliament Speaker Calls for a National Roadmap for Cryptocurrency to Promote Digital Economy Development] Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated at a blockchain event last week that Iran needs to embrace cryptocurrency to achieve its digital economy goals. He emphasized that developing a national-level roadmap for cryptocurrency assets is a current priority and referred to the goals set in Iran's latest *National Development Plan*, which aims for the digital economy to account for 10%. Ghalibaf urged the Ministry of Economy and Industry, the Central Bank, and other government institutions to collaborate in promoting the regulated development of this sector.

[Minutes of the Bank of Japan Meeting Suggest Possible Rate Hike in December] On November 10, the summary of opinions from the Bank of Japan's policy meeting indicated that a rate hike could be implemented as early as December. During the two-day meeting that concluded on October 30, the committee voted 7 to 2 to maintain the current interest rate. In the minutes, one member stated that the conditions for normalizing policy rates may have essentially been met and that potential inflation trends need to be examined. The content of the minutes aligns with recent remarks by Governor Kazuo Ueda about 'possible action in the coming months.' Market observers generally expect the Bank of Japan to raise borrowing costs no later than January next year.

[Arthur Hayes Predicts Bitcoin and ZEC Price Increase] BitMEX co-founder Arthur Hayes posted on social media, stating that the U.S. government has once again initiated money printing and welfare distribution policies, and predicted that Bitcoin and ZEC prices will rise significantly.

In the past 24 hours, over $250 million in short positions in the cryptocurrency market have been liquidated, indicating increased market volatility. （Cointelegraph）