Strategy Vice President sold 58,000 shares of MSTR as BTC fell below $85,000.

Headline

▌Strategy Executive Vice President Sells 58,000 MSTR Shares in 10 Days, Cashing Out $13 Million

According to BitcoinTreasuries.NET monitoring, Strategy Executive Vice President Shao Wei-Ming sold 58,004 MSTR shares in the past 10 days at an average price of $222, cashing out a total of $13 million.

▌BTC Falls Below $85,000

Market data shows that BTC has fallen below $85,000, currently trading at $84,982.36, a 24-hour drop of 2.55%. Market volatility is high; please manage your risk accordingly.

▌Federal Reserve's Collins: The Ebb of Global Economic Integration Could Push Up Inflation

Federal Reserve Chair Collins said on Friday that the ebb of global economic integration could complicate the Fed's work and push up price pressures. Collins noted that the shift to "economic fragmentation" could "bring a transition period of inflationary pressures." She also stated that this environment could lead to "less financial integration," thereby "raising domestic borrowing costs and more broadly affecting financial conditions." She said, "A more volatile and fragmented global environment could lead to increased volatility in business cycles and inflation." She further noted that this environment "could complicate the Fed's efforts to maintain price stability and maximum employment, especially if the supply-side component of economic shocks is greater in this new environment." Collins also stated that rising global risks and fragmentation "often dampen short-term economic activity while reducing long-term growth, and are unlikely to be major, transformative, and intertwined forces shaping the economic landscape in the coming years."

▌University of Michigan Survey: U.S. Consumer Confidence Falls to One of Historic Lows

U.S. consumer confidence fell to one of historic lows in November as Americans became more pessimistic about their financial situation. According to data from the University of Michigan, the final reading of the consumer confidence index for November fell to 51 from 53.6 in October, just slightly above the preliminary reading. The current conditions index fell 7.5 points to a record low of 51.1. Consumers' views on personal finances are at their most pessimistic level since 2009.

Golden Encyclopedia

▌What is RISC-V? Why does Vitalik want to use it for smart contracts?

RISC-V, pronounced "risk five," is a modern open-source instruction set architecture (ISA) based on the principles of Reduced Instruction Set Computer (RISC).

RISC-V is a modern open-source instruction set architecture (ISA) based on the principles of Reduced Instruction Set Computer (RISC).

In simple terms, it's like a blueprint defining a set of instructions that a processor can execute. RISC-V is designed to be highly modular, efficient, and flexible. Originally developed by the University of California in 2010, this open-source framework allows developers the flexibility to customize its functionality and use cases, and offers cost savings compared to proprietary ISAs like ARM or x86. RISC-V has a wide range of applications, from supercomputers to smartphones, and now blockchains like Ethereum. On April 20th, Ethereum co-founder Vitalik Buterin announced a "radical" new scaling solution that would replace the Ethereum Virtual Machine (EVM) with the RISC-V instruction set architecture, aiming to improve the speed and efficiency of the network execution layer. The idea is that RISC-V is the best solution to address the scalability limitations of blockchains. Adding RISC-V to Ethereum is currently only a proposal being discussed by the community and network governance. Buterin outlined several ways to implement the proposal, including running two virtual machines (VMs) or switching entirely to RISC-V. The primary idea behind supporting virtual machines is to allow contracts to be written and executed in the existing EVM model or RISC-V. Another, more radical approach is to modify the protocol to transform existing EVM contracts. A major challenge with such a significant change is avoiding breaking existing decentralized applications (DApps) and smart contracts. Ethereum cannot risk breaking existing contracts written in its current EVM code. A transitional solution might involve using an interpreter—essentially a translation layer between different computational languages. This would allow developers to begin building using RISC-V while ensuring that traditional EVM contracts continue to function without disruption.