[Barclays Expects the Federal Reserve to Start Purchasing Treasury Bills in February Next Year]
Barclays strategists anticipate that the Federal Reserve will begin purchasing Treasury bills in February next year. Barclays strategist Samuel Earl stated that, given the market's focus on repo rates, the Federal Reserve is currently in risk management mode, making it more likely to initiate asset purchases ahead of schedule.
Analysts caution that the market remains vulnerable to further declines, with large token movements and macroeconomic factors contributing to uncertainty.
The price of Ethereum fell by 8%, while ETF funds related to Ethereum flowed out by over $1.4 billion, causing long-term holders to begin selling assets. (CoinDesk)
[Multicoin Capital Invests in Ethena Protocol's Native Token ENA]
Multicoin Capital announced the use of liquid funds to invest in Ethena Protocol's native token ENA.
Over the past 30 days, more than $5.76 billion in stablecoins have been deposited into Binance, indicating that traders are transferring funds to the exchange for purchases or trades. (CryptoQuant)
UAE sovereign wealth fund Al Warda: Bitcoin exposure increases by 230% since June
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Al Warda, the sovereign wealth fund of the United Arab Emirates, has increased its Bitcoin exposure by 230% since June and currently holds 7.9 million Bitcoin ETF shares worth $517 million. (Bitcoin Archive)