Jin10 data reported on November 5th that Russian President Putin stated that Russia has begun mass production of the "Hazel" missile system. Putin, at the award ceremony for the developers of the "Poseidon" and "Seagull" projects held at the Kremlin, said: "We have successfully developed the 'Hazel' medium-range missile system, put it into combat duty, and have started mass production."

After experiencing a decline last weekend, Ethereum immediately rebounded to above $2,500 within 48 hours. Independent analyst Poseidon called this the 'last drop' and stated that if it maintains above $2,600, more long positions will be added. The analyst believes this range will eventually break through to the upside.