A list of important developments at noon on November 5

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Cointime2024/11/05 04:11

By:Cointime

7:00-12:00 Keywords: Mt.Gox, Australian Reserve Bank, CZ, Trump

1. Musk's X platform mentioned "PNut" again in his post;

2. The net outflow of the US spot Bitcoin ETF was $540 million yesterday;

3. The largest address betting on Trump's election continues to increase its position by $3.1 million;

4. Mt.Gox transferred Bitcoin worth $2.19 billion to an unknown wallet;

5. CZ: Very optimistic about investment opportunities in the Middle East, focusing on blockchain, AI, biotechnology and other fields;

6. The Australian Reserve Bank maintained interest rates at 4.35% for the eighth consecutive meeting, in line with market expectations;

7. Paxos launched the open network Global Dollar Network for stablecoin USDG, which is currently only open to qualified participants.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14