Federal Reserve official Beth Hammack said on Nov. 7 it remains unclear whether the central bank should proceed with additional interest rate cuts given current inflation levels, Jin10 reports. Her comments reflect ongoing uncertainty within the Fed about the appropriate direction for monetary policy adjustments.

Machi Big Brother deposited 262,500 USDC into Hyperliquid on Nov. 7 to add to his ETH long position after facing partial liquidation, Lookonchain data show. His current position stands at 3,000 ETH valued at $9.81 million, with a liquidation price of $3,199.31.

The Nasdaq Composite extended losses to 2% on November 7, with Nvidia (NVDA.O) declining 3.43%, Jin10 data show. Tesla (TSLA.O) fell 5.78% and Intel (INTC.O) dropped 3.95% during the session.

JPMorgan Chase CEO Jamie Dimon said on Nov. 7 that it is preferable to participate in stablecoin transactions rather than miss the opportunity, Jin10 reports. The remarks signal potential openness from one of the largest U.S. banks toward digital asset activities.

Address 0x540C withdrew 114.9 million USDT from Aave on November 6, Lookonchain data show. The withdrawal pushed Aave's main market USDT utilization rate to 92.83%, exceeding the protocol's optimal utilization threshold of 92%.

Liquidity pools operated by MEV Capital and Re7 Labs on Lista DAO reached 99% utilization on Nov. 6, triggering mandatory liquidation procedures, Lookonchain data show. Multiple DeFi platforms are currently showing fund utilization rates exceeding 90%, prompting advisories for users to monitor associated risks.

Cryptocurrency markets recorded $50.65 million in liquidations over the past hour, with long positions accounting for $43.09 million and short positions for $7.37 million, Coinglass data show. The liquidation wave primarily affected leveraged long traders across exchanges.

Chicago Fed President Austan Goolsbee said on Nov. 6 that the absence of official inflation data during the government shutdown reinforces his cautious stance on further rate cuts, Jin10 reports. "My inclination is to be more careful and slow down when the road ahead is still foggy," Goolsbee said in an interview. The Fed retains access to private labor market data, including the Chicago Fed's new biweekly unemployment estimate, which suggests October unemployment may have risen to 4.4%, the highest in four years. Goolsbee noted that alternative inflation data sources are highly limited, making it harder to detect potential inflation issues.