News Highlights
Financial Policies and Markets
Federal Reserve November Minutes: Released at 3 AM on November 27, "multiple" decision-makers support a gradual rate cut, with some officials suggesting a pause in actions; if inflation stagnates downward, rate cuts would be more cautious. Although most expect a 25 basis point cut in December, the rate path depends on data, and attention should be paid to economic trends.
Trump and Cryptocurrency Policy: News from November 21 indicates his team is discussing a cryptocurrency policy position at the White House, with a former CFTC chair as a popular candidate. If established, it could promote a $30 trillion digital asset market growth, with the cryptocurrency market being relatively optimistic.
Cryptocurrency Market Dynamics
Grayscale Private Placement: Following its launch, 17 coins including SOL and SUI entered the market, attracting attention and creating a strong buying atmosphere.
Tornado Cash Ruling: Significant impact on decentralized finance; further developments and long-term effects are worth monitoring, bringing new thoughts and challenges.
Solana DEX: Trading volume surges, capturing a significant market share, leading the trading arena with strong competitiveness and influence. Bitwise ETP: Poised for action, awaiting SEC approval; approval will provide new options for Bitcoin and Ethereum investors, driving market development and innovation.
Kraken and NFT: Moving away from NFTs to new fields, reflecting changes in the NFT market and the evolution of competitive landscapes; shifts in business strategies may cause chain reactions.
Flow Traders: Spending 6000 ETH on positioning, potentially triggering chain reactions that influence market price trends and sentiment.
Industry Safety and Development
Uniswap Bounty: Offering a bounty of $15.5 million to enhance security measures, reflecting a strong emphasis on asset safety and addressing industry security concerns to protect user assets.
Pantera BTC Fund: Creating a myth of a thousand-fold return, proving that long-term holding of crypto assets can yield significant returns under certain conditions, providing a reference for investors while also reminding them of high risks.
