PANews reported on November 15th that Aster, a perpetual contract provider, issued a statement on the X platform clarifying that the recent update to the ASTER token economic model has caused confusion within the community. Aster stated that the ASTER token economic model remains unchanged. The update aimed to accurately reflect the circulating supply of tokens and resolve issues regarding the monthly unlocking allocation for the community and ecosystem. The monthly unlocked token allocation has remained unused and has not been included in the circulating supply of ASTER tokens. Unlocked tokens will be transferred to a separate public unlocking address, but there are currently no plans or needs to spend funds from this address.


Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more
