LSK surged by 100% today, reaching the top spot in purchase volume across all centralized exchanges (CEXs) at 03:30 Moscow time. Six minutes later, it led in open interest growth. Throughout the session, traders engaged in active shorting, fueling the token’s upward movement.

By 10:35, LSK ranked among the top sales on CEXs, and by 11:55, it secured the lead. The token subsequently corrected, and at 13:06, it reappeared among the top assets for open interest decline.

#Careport 📊 Chart 👈

LSK surged by 100%, reaching the top of purchase volumes on centralized exchanges at 03:30 Moscow time. Six minutes later, it led open interest growth. Throughout the day, traders engaged in significant shorting activity, contributing to its rally. By 10:35, LSK ranked among the top sales on all CEXs, and at 11:55, it claimed the top spot. Subsequently, the token experienced a correction, and by 13:06, it was among the top in declining open interest.

The Bitwise Chainlink ETF has been added to the DTCC website, marking a development in the process of launching new ETFs. This does not indicate regulatory approval.

Nick Timiraos of the Wall Street Journal reports growing discord among Federal Reserve officials over the likelihood of a rate cut in December. Some members advocate for a pause amid persistent inflation and tariff concerns, while others point to sluggish job growth and waning demand as justification for easing. The recent government shutdown, which disrupted key data releases, has further heightened these divisions. Despite the internal disagreements, market participants remain generally supportive of a rate reduction.

Nick Timiraos of the Wall Street Journal reported rising divisions within the Federal Reserve over the likelihood of a rate cut in December. Some policymakers advocate for holding rates steady, citing persistent high inflation and tariffs, while others support a reduction, pointing to softening job growth and diminishing demand. The recent government shutdown, which disrupted key economic data, has further deepened intra-Fed disagreements. Market sentiment, however, continues to favor a rate decrease.

CEO of Sonic Labs shared plans for the company's next phase, emphasizing a focus on core growth driven by authentic product adoption and sustainable long-term strategies. Initiatives include expanding the ecosystem, increasing presence in the US market, and restructuring monetization approaches through commissions.

Santiment reports that daily whale transactions for UNI have hit a four-year peak, aligning with the token's highest value in the same period. Simultaneously, new UNI wallet creations have reached their highest level in three years, suggesting increased retail investor activity. Analysts caution that a subsequent rally could occur as initial enthusiasm wanes, supported by positive fundamental developments and improved project management.

Whale transactions on the blockchain involved significant movements of cryptocurrencies. A newly established wallet transferred 10,050 ETH, valued at approximately $34.38 million, from Kraken. Another new wallet, potentially linked to Bitmine, acquired 24,007 ETH, worth about $82.13 million, through Galaxy Digital OTC. Keith 66kETHBorrow purchased 163,680 ETH over the past two days, totaling roughly $582 million. Additionally, a new BTC wallet withdrew 1,130 BTC, equivalent to $116.6 million, from FalconX. Meanwhile, a whale continues accumulation of ASTER tokens, having purchased 8.41 million ASTER since November 4 at an average price of $0.97, with an unrealized profit of approximately $1.1 million.

Marathon Digital's CEO stated that Bitcoin mining profitability is under pressure amid rising energy costs and mounting competition. He noted that only miners with access to low-cost electricity or those leveraging AI and high-performance computing are poised to survive. Following the 2028 halving, which will reduce block rewards to approximately 1.5 BTC, many operators may face profitability challenges unless Bitcoin prices increase or transaction fees rise. coindesk #mining

Marathon Digital's CEO warns that Bitcoin mining profitability is under pressure due to rising energy expenses and mounting competition. The company noted that only miners with access to inexpensive electricity or those shifting towards AI and high-performance computing are likely to endure. Post-2028 halving, when block rewards drop to approximately 1.5 BTC, many industry players may find it challenging to stay profitable without higher transaction fees or increased Bitcoin prices. coindesk #mining

A former BlackRock executive and co-CEO of Sharplink asserted that Ethereum will ultimately serve as the infrastructure for Wall Street. coindesk

Upexi reports $9.2 million in quarterly revenue, up from $4.4 million a year earlier.

Top 10 centralized exchanges by fund inflow over the past 30 days.

Top 10 Centralized Exchanges by Fund Inflow in the Past 30 Days

JPMorgan Launches JPM Coin for Institutional Clients, Enabling 24/7 Real-Time USD Transfers Via Base

Yesterday, spot Bitcoin ETFs recorded a net inflow of approximately $524 million, while spot Ethereum ETFs experienced a net outflow of $107.1 million.

Yesterday, spot Bitcoin ETFs recorded approximately $524 million in net inflows, while spot Ethereum ETFs experienced a net outflow of $107.1 million.

Cryptocurrency and stock markets have diverged over the past three months, according to Santiment. Since August 11, gold has gained 21%, the S&P 500 has increased by 7%, while Bitcoin has declined 15%. Given the historically strong correlation over the past four years, some analysts suggest that Bitcoin may be undervalued.

Cryptocurrencies have diverged from stocks over the past three months, according to data from Santiment. Since August 11, gold has gained 21%, the S&P 500 has increased by 7%, while Bitcoin has declined 15%. Despite the recent disparity, the strong correlation between cryptocurrencies and equities over the past four years suggests that Bitcoin may be undervalued.

Bitcoin contracts totaling approximately $416 million were liquidated over the past 24 hours, with roughly $336 million in longs and $79 million in shorts.

In the past 24 hours, approximately $416 million worth of Bitcoin contracts have been liquidated, with roughly $336 million in longs and $79 million in shorts.