Odaily Planet Daily reports: White House Press Secretary Levitt: US President Trump hopes to sign the bill to end the government shutdown tonight. (Jinshi)

Odaily Planet Daily reports that Federal Reserve Governor Mirren reiterated on Wednesday that he expects inflation to decline and reiterated his call for lower interest rates. Mirren said, "I think we need to get monetary policy in place—to get it off the overly tight track, thereby eliminating some of the downside risks to the economy." Mirren expects to return to his position as a White House economic advisor after his term as a Federal Reserve governor ends in January. He voted against a 50-basis-point rate cut at the Fed's two most recent interest rate decision meetings, instead of the 25-basis-point cut ultimately implemented by the Fed. Mirren also warned against interpreting inflation data "on the surface." (Jinshi)

Odaily Planet Daily reports that White House Press Secretary Janet Levitt stated that key economic reports for October may not be released at all due to the government shutdown. Levitt said, "Democrats may have permanently damaged the federal statistical system, and the October CPI and (non-farm) jobs reports are very likely to never be released. The release of all these economic data will be permanently damaged, forcing Federal Reserve policymakers to 'fly blind' during this critical period." With the government shutdown lasting more than six weeks, setting a record for the longest shutdown, Wall Street has been closely watching the release of key economic data. Other affected data includes retail sales, import and export figures, and consumer spending and income. Most economists had previously expected all data to eventually be released, albeit with delays. However, Levitt's comments have cast a shadow over that expectation. She added that the shutdown could reduce fourth-quarter economic growth by as much as 2 percentage points. (CNBC)

According to an article published on the X platform by Odaily Planet Daily, MLM stated that approximately 13 hours ago, someone withdrew 3 million USDC from the exchange and distributed them across 19 wallets. Around 14:45 Central European Time, they began placing long orders for millions of POPCAT at a price of $0.21, totaling approximately $20 million. The long positions across the 19 wallets grew to approximately $30 million. When the person removed the eight-figure buy order, the $20-30 million POPCAT long positions were liquidated within seconds, causing Hyperliquid to take over the positions. POPCAT subsequently fell further, resulting in a loss of approximately $4.9 million for Hyperliquid. Hyperliquid then manually closed the positions. This was clearly a deliberate attempt to interfere with Hyperliquid, as no one would lose $3 million in a few seconds due to stupidity or carelessness.

According to Lookonchain monitoring, as reported by Odaily Planet Daily, Brother Machi's long positions in ETH and UNI were liquidated five times during the recent decline, bringing his total account loss to $15.89 million. His current positions are as follows:

The 25x leveraged long ETH position was worth $2.2 million, with an opening price of $3,482.52 and a liquidation price of $3,361.

The 10x leveraged long position in UNI is worth $230,000, with an opening price of $9.57 and a liquidation price of $7.3.

According to data from Bitcointreasuries.net, as reported by Odaily Planet Daily, Strategy (MSTR)'s mNav has fallen below 1, currently trading at 0.993 (meaning the company's market capitalization is lower than its BTC holding value). Its market capitalization is currently $64.9 billion, and its BTC holding value is currently $65.32 billion.

According to Odaily Planet Daily, Hyperliquid has announced system maintenance and suspended deposits and withdrawals on its official website.

According to Lookonchain monitoring, on November 12th, 10 US Bitcoin ETFs saw a net inflow of 4,846 BTC, with BlackRock receiving 2,179 BTC and currently holding 797,922 BTC. Meanwhile, 9 Ethereum ETFs experienced a net outflow of 7,875 ETH, with BlackRock seeing an outflow of 5,745 ETH and currently holding 3,898,568 ETH.

According to Odaily Planet Daily, U.S. Treasury Secretary Bessant stated that by 2030, the size of stablecoins could grow from $300 billion to $3 trillion, a tenfold increase.

According to an official announcement, OKX will launch BEAT (Audiera) perpetual contracts.

According to Odaily Planet Daily, Coinglass data shows that $212 million in positions were liquidated across the network in the past 4 hours, including $195 million in long positions and $17.5568 million in short positions.

Odaily Planet Daily reports that U.S. SEC Chairman Paul Atkins has proposed establishing a "token taxonomy" based on the Howey Test to classify crypto assets as securities. He stated that crypto assets may detach from investment contract attributes as networks mature and control becomes more decentralized. Atkins added that in the coming months, the SEC is expected to consider establishing a token taxonomy based on the long-standing Howey Investment Contract Securities Analysis, while also recognizing the restrictive principles of current laws and regulations. He acknowledged that cryptocurrencies can be part of investment contracts, but this does not mean they will always be. (The Block)

Odaily Planet Daily reports that Wall Street regulators plan to study a cryptocurrency “token classification system” to clarify “restrictive principles” within the legal and regulatory framework. (Jinshi)

According to data from Hyperbot, as the market declines, Machi Dage's ETH and UNI are currently in a state of unrealized loss, with a single-day loss of $502,000. Among them, the 25x leveraged ETH long position is currently in an unrealized loss of approximately $42,400, and the 10x leveraged UNI long position is currently in an unrealized loss of $100,200.