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The New York Stock Exchange's self-rescue movement essentially redefines the business model of traditional exchanges. With the IPO market shrinking, trading volumes declining, and data services experiencing sluggish growth, traditional exchanges can no longer rely solely on their conventional profit models to maintain competitiveness.

From getting rich by holding coins to selling coins to repair watches, the capital market is no longer unconditionally rewarding the narrative of simply holding tokens.

Liquidity is the key factor influencing the current performance of the crypto market.

US ADP employment in October saw the largest increase since July, with previous figures also revised upward. However, experts caution that the absence of nonfarm payroll data means this figure should be interpreted cautiously.


- 00:42Data: If ETH falls below $3,236, the cumulative long liquidation volume on major CEXs will reach $1.61 billions.According to ChainCatcher, citing data from Coinglass, if ETH falls below $3,236, the cumulative long liquidation volume on major CEXs will reach $1.61 billions. Conversely, if ETH breaks above $3,572, the cumulative short liquidation volume on major CEXs will reach $690 millions.
- 00:38Ripple President: No IPO Plans or TimelineJinse Finance reported that Ripple President Monica Long made it clear in an interview at the Swell conference held in New York: "We have no IPO timeline. No plans, no timeline."
- 00:37Folks Finance will open airdrop claims today.On November 6, Folks Finance announced that the FOLKS token airdrop claim will open today at 22:00 UTC+8. Users can choose to claim immediately (partial allocation) or opt for linear unlocking (full allocation).