BTC falls below the $110000 mark

The rapid development of quantum computing technology may pose a threat to the Bitcoin and cryptocurrency ecosystems. Experts warn that the powerful computing power of quantum computers may crack existing encryption algorithms, posing a serious challenge to the security of cryptocurrencies. Although quantum computing technology is not yet mature, the encryption community has begun researching solutions to resist quantum attacks to address potential risks in the future. （Decrypt）

About 95% of cryptocurrency miners in Iran have been accused of illegal operations, causing serious pressure on local electricity supply. This situation may affect the stability and energy allocation of the State Grid. （Cointelegraph）

Federal Reserve Governor Christopher Waller has called for the Fed to cut interest rates again in December to address the current economic situation. （Watcher.Guru）

Binance DASH is currently priced at $88.62, with a 23.93% increase over 24 hours. 24-hour transaction volume of 1.4 billion US dollars, up 50.57%, for reference only

[Short Sellers of ASTER Place $20 Million Sell Order and Plan to Close Positions] Investors who previously shorted $25 million worth of ASTER have placed a $20 million sell order in the range of $1.3788 to $1.3947, while also placing a $15 million buy order. They plan to close positions near $0.75220, with a liquidation price of $2.0859.