[Federal Reserve Governor Cook: Increased likelihood of sharp asset price declines, but the financial system remains resilient] Federal Reserve Governor Cook stated that the likelihood of sharp asset price declines has increased, but this does not pose a risk to the financial system, as the U.S. financial system remains resilient. He mentioned that the application of generative artificial intelligence in trading raises concerns but could also bring benefits, requiring careful attention. Additionally, private credit currently does not pose a threat to financial stability but warrants close monitoring.

[Bitcoin Mining Company Cipher Mining Plans to Issue $333 Million in Senior Secured Notes] Nasdaq-listed Bitcoin mining company Cipher Mining announced that its wholly-owned subsidiary Cipher Compute will issue senior secured notes through a private placement to raise $333 million. The new funds will be used to build high-performance computing data centers to expand Bitcoin mining and AI hosting businesses.

OKX-BTC/USDT is currently trading at $90040, with a 5-minute decline of 0.06%. Please pay attention to market fluctuations.

[A whale deposits 512,440 UNI into Binance, with an unrealized loss of $11.7 million] On November 20, according to Onchain Lens monitoring, a whale deposited 512,440 UNI into Binance after holding them for 5 years, valued at $3.64 million. When the whale previously withdrew these UNI from Binance, they were worth $15.34 million, resulting in an unrealized loss of $11.7 million.

[Morgan Stanley Adjusts Expectations: Fed May Not Cut Rates in December] Morgan Stanley no longer expects the Federal Reserve to cut rates in December.