At the opening of the US stock market, the Nasdaq fell more than 177 points
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The US stock market opened lower, with the Dow Jones Industrial Average falling 217 points, the Nasdaq falling 177 points, and the S&P 500 index falling 0.65%.
Fidelity transferred 10,000 ETH, worth approximately $22.32 million, to Galaxy Digital for sale.
Fidelity transferred a total of 27,000 ETH to Galaxy Digital today, worth approximately $60.27 million.
Arthur Hayes commented on Taiwan's launch of a NT$500 billion bailout fund and the restrictions on short selling starting November 9, calling it the start of an AI-driven market rescue effort.
Taiwan's stock market has just experienced its worst weekly performance since 2001.
[Brian Armstrong: Supports Coinbase Stock Tokenization]
Coinbase CEO Brian Armstrong has stated his support for the tokenization of the company's stock, aiming to expand the shareholder base and meet market demand.
Armstrong believes that alienating potential new shareholders is detrimental to business development, and that companies should meet the needs of their customers' local markets.