Cryptocurrency Price Fluctuation: MUU Surges Over 4% in 24 Hours

AiCoin data shows that the cryptocurrencies with the most significant price fluctuations currently include: Unusual upward movement: MUU: 24-hour increase of 4.56%, trading volume decreased by 19.71%. RKLB: 24-hour increase of 4.11%, trading volume increased by 8.4%. • LIT: 24-hour increase of 3.78%, trading volume increased by 8.6% Abnormal downward movement: INIT: 24-hour decline of 24%, trading volume increase of 700.61% • PIEVERSE: 24-hour decline of 8.95%, with trading volume down 19.13%. • CYBER: 24-hour decline of 8.27%, trading volume increase of 451.86% Among them, INIT and CYBER saw the most significant increases in trading volume, indicating a marked amplification of short-term trading activity. Cryptocurrencies exhibiting unusual price movements may experience significant volatility; please be aware of position and leverage risks. Data is for reference only and does not constitute investment advice.

[US Inflation Exceeds Expectations, 2-Year Treasury Yield Surges 19 Basis Points] US inflation data exceeded expectations, fueling expectations of a 50-basis-point rate hike by the Federal Reserve in December. Logan advocated for at least another 50-basis-point hike, while Bowman and Schmid released hawkish signals. (Source: Jinshi Data) The 2-year Treasury yield surged 19 basis points in a single day, accelerating the market's repricing of the tightening path. AI Interpretation: The unexpected rebound in inflation data completely shattered market illusions about a near-term rate cut. The collective hawkish signals from Federal Reserve officials clarified the necessity of maintaining a tight monetary policy. The sharp fluctuations in the 2-year Treasury yield reflect the market's deep panic about persistently high interest rates. This data directly boosted expectations of a rate hike, forcing investors to reassess asset pricing logic.

Bitcoin mining company HIVE expects to generate $45 million in annual revenue through AI business partnerships.

[HIVE Plans to Transform Swedish Data Center into AI Hosting Facility] HIVE Digital Technologies plans to transform its Big Boden data center in Sweden into an AI hosting facility, projected to generate $45 million in revenue annually. The project intends to sign a lease of up to 10 years with a Swedish technology company, and the two parties are currently negotiating the terms of a letter of intent. HIIVE plans to seek project financing after signing the lease and will upgrade the facility to support up to 10,000 Nvidia GB300 GPUs. (Source: Decrypt)

Namecheap, the domain registrar for Across, suffered a social engineering attack that resulted in the loss of control of the Across domain. The team received an alert around 02:45 on November 11th and shut down the website. Currently, across.to has been flagged as a phishing site by SEAL 911, and Cloudflare has revoked the domain's DNS records. Some users who previously visited across.to may be affected; third-party integration and API users are unaffected. Across will compensate all affected users and recommends that users revoke their authorizations via revoke.cash. The Across frontend and API will remain closed until the domain is securely restored.