GM20231130

1) Market trend:

BTC hit 38,000 three times and failed to stand firm. On the news, the sec website updated the BlackRock spot ETF model. If the spot ETF passes on January 10, be careful about selling gbtc arbitrage funds.

U.S. stocks fluctuated. Swap transactions indicate that the Federal Reserve will cut interest rates by 25 basis points in May 2024 and by 100 basis points at the end of 2024.

2) Market hot spots:

1. The public chain rune has surged in popularity, and bankless programs have been launched. Thorchain's transaction volume has grown rapidly recently.

2. Iota, the Internet of Things, has soared, and $100 million worth of tokens were used to establish a foundation.

3. The hook of bn's IEO project has increased sharply, and the hook has been launched in 2.0, but it will be unlocked next week.

4. The auction of DeFi has soared, and the pledge is used to create new BTC stablecoins. Currently short-selling, the short-selling fee rate is -1.5%.

5. The prices of Sol Casino, Hivemapper, Orca, etc. in Sol Ecosystem have surged. Although ftx has been selling sol in recent weeks, sol shipments are still strong.