1. Syria is once again caught in the crossfire of war, with rebels allegedly supported by the U.S. and Israel clashing with Assad's forces backed by Russia and Iran.
2. According to the new law signed by Putin, digital currency has now been officially recognized as property in Russia, specifically that Putin signed a bill recognizing Bitcoin as Russian property.
3. China has relaxed travel restrictions to Hong Kong. Starting December 1, Shenzhen residents can travel to Hong Kong multiple times a year under a restored visa policy allowing stays of 7 days. This change is expected to boost Hong Kong's retail and tourism sectors, which are key parts of economic recovery efforts.
4. China will extend the tariff exemption period for U.S. imports of rare earth metals, medical disinfectants, nickel-cadmium batteries, and other products until February 28, 2025. These exemptions remain part of China's countermeasures.
5. Global investors have added $12.78 billion to U.S. stock funds, a significant increase from $3.03 billion a week ago, marking the fourth consecutive week of net buying.
6. The market believes there is a 30% chance that $BTC will reach $100,000 today. After today's rise, Bitcoin is only 1.1% away from its historical high. Will we see a $100,000 Bitcoin?
7. With demand surging, global investors are flocking to the Chicago Mercantile Exchange, with Bitcoin futures open interest exceeding 40,000 contracts for the first time. As Wall Street's participation continues to rise, demand grows relative to fixed supply, and price increases seem inevitable (Figure 1).
8. The cycle low of global inflation may have arrived, and the path of least resistance begins to rise from here. Pricing for this risk entering 2025 is unreasonable, but the likelihood is increasing. This does not mean extreme inflation but may indicate the end of an era of deflation (Figure 2).
9. Morgan Stanley $MS expects the S&P 500 index to rise another 11% next year, reaching 6500 points.
10. First Financial: Former central bank officials state that China still has room to further loosen monetary policy to promote corporate investment and supplement active fiscal policy. In other words, if demand constraints are ignored, China can still increase supply.
11. Tether has minted another $1 billion of #USDT, issuing $16 billion this month and setting a new record.
12. After Trump was elected, Bitcoin futures open interest rose from $39B to $60.9B, with optimistic sentiment driving the market. Analysts say the rise in leverage is organic, with no adjustment risks in sight and only pure momentum.
13. Artificial intelligence #AI has dominated investment headlines over the past two years. It is not just a buzzword; it is a powerful technology that can fundamentally transform industries and economies worldwide.
14. Australia's new social media ban for teenagers under 16 is widely welcomed by voters. According to a YouGov survey, 77% support this measure, but it has sparked strong criticism from major tech companies.
15. Mexican President Claudia Sheinbaum believes Mexico can reach an agreement with the United States to avoid the 25% tariffs threatened by President-elect Trump.
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