According to L2 Data on Orbiter Finance, the Layer2 cross-Rollup bridge, the number of daily transactions on Ethereum Layer2 surpassed the main network for the first time on November 8, 2022. The number of transactions on Layer2 on that day was 1,202,405, while the number of transactions on the main network was 1,132,319.
British Chancellor of the Exchequer Jeremy Hunt said: We will work closely with regulators on cryptocurrencies.
U.S. Congressman Tom Emmer tweeted, "My office has received reports that SEC Chairman Gary Gensler is helping SBF and FTX exploit legal loopholes to gain a regulatory monopoly. We are investigating this matter." Earlier yesterday, Gensler said that the FTX collapse was part of a broader trend in crypto assets, and pointed out issues such as leverage, lack of disclosure, opacity, misappropriation of other people's funds and future transactions. He also said that SBF's role in promoting the Digital Commodity Consumer Protection Act undermined the authority of the SEC.
Musk warned at a Twitter product team employee meeting that the company could have "billions of dollars in net negative cash flow" in 2023, and Twitter could even go bankrupt if it fails to increase revenue accordingly. He said the company could not afford such a huge loss. To make Twitter more attractive, it needs to increase video content. In addition, Musk said that from now on, all employees must work at least 40 hours a week in the office.
BTC: Bitcoin is going down again. The oversold rebound is continuing. The rebound pressure is at 18,000. If it can continue to break through the pressure, it can be chased up. If it does not break above, the 15,500 line below can be treated as support.
ETH: Ethereum is currently rebounding, but it is in a volatile space. The upper pressure is around 1350, and the lower support of 1200 remains unchanged. It is likely to fluctuate again in this range, waiting for a break.
BNB: This rebound has now returned to the support level of 288 and has also returned to the support level. The probability of a subsequent upward movement is still relatively high. The upper pressure is at the 340 level.
PEOPLE:pp's decline has been pulled back again, and it has almost doubled from the low point to now. We can continue to pay attention to whether it can break through the high point of 0.0345. Facts have proved that as long as the sentiment is there, the market will pick up quickly.