According to Odaily, Federal Reserve Chair Jerome Powell has indicated that interest rates are expected to decrease further, although the extent of these reductions may be limited in the coming months. Powell noted that the Federal Reserve might implement additional rate cuts, as economic trends and dynamics are projected to remain stable in the short term. This stability includes a slowdown in the job market and a cooling of inflation, while interest rates continue to be at restrictive levels. Maintaining rates at their current high levels could potentially increase unemployment rates. Powell stated, "Over time, we will shift policy towards a more neutral level."

K33 Research said the premium of CME bitcoin futures contracts relative to spot market prices has fallen. According to data from crypto data tracking company Amberdata, open interest in put options with an exercise price of $80,000 has surged in the past 24 hours. Vetle Lunde, head of research at K33 research, said: "The market seems to be cooling down, and the premium of the CME benchmark contract has been lower since yesterday's close, hovering around 10% throughout the day, lower than 13%-16% since the US election, which may be a subtle hint of easing risk conditions." The unwinding of leveraged bullish bets across the crypto market has contributed to Bitcoin's retreat from record highs to some extent. According to data compiled by Coinglass, the liquidation of long positions in the past 24 hours was twice that of put positions, at $447 million and $207 million respectively. (Jinshi)

According to BlockBeats, the speculative frenzy surrounding Bitcoin has been gradually cooling in both spot and derivatives markets since Donald Trump won the U.S. presidential election. In the derivatives sector, K33 Research has noted a decline in the premium of Bitcoin futures listed on the Chicago Mercantile Exchange compared to spot market prices. Data from Amberdata indicates a significant surge in open interest for Bitcoin put options with a strike price of $80,000 within a 24-hour period. Vetle Lunde, Head of Research at K33, commented that the market appears to be cooling, and the narrowing of futures premiums might subtly suggest a moderation in risk appetite. James Davies, CEO of the on-chain options and futures trading platform Crypto Valley Exchange, remarked that all current trades are purely speculative. He anticipates significant volatility and a lack of clear signals in the near future as the market awaits policy announcements from the United States.

According to Cointelegraph, the Financial Stability Board (FSB), an international organization that oversees and advises on the global financial system, has released a paper examining the effects of artificial intelligence (AI) on financial services and strategies to mitigate associated risks. On November 14, the FSB published a document titled "The Financial Stability Implications of Artificial Intelligence," which delves into how AI could transform global financial systems and infrastructure. The FSB acknowledges that AI offers numerous advantages, such as boosting operational efficiency, customizing products, enhancing regulatory compliance, and providing sophisticated data analytics. However, the organization also warns that AI could "amplify" vulnerabilities within the financial sector. Key concerns include third-party dependencies, concentration of service providers, cyber risks, market correlations, model risks, and issues related to data quality and governance. Additionally, the FSB highlights the potential for malicious actors to exploit generative AI for fraudulent activities, noting that misaligned AI systems could engage in behavior detrimental to financial stability. In response to these findings, the FSB suggests several measures to mitigate AI-related risks in finance. These include addressing data and information gaps in monitoring AI developments and encouraging regulators to "intensify their engagement" with the private sector, including service providers, developers, and academics. The FSB also emphasizes the need for authorities to evaluate whether existing regulatory frameworks are sufficient to address both local and international vulnerabilities. Furthermore, regulators should explore ways to enhance supervisory and regulatory capabilities to effectively oversee policy frameworks related to AI use in the financial sector.

C1 Fund Inc., a newly established closed-end investment company, filed a registration statement with the U.S. Securities and Exchange Commission (SEC) on November 12, planning to raise $100 million through an initial public offering (IPO). The fund plans to invest at least 80% of its total assets in equity and equity-linked securities of companies primarily engaged in digital asset services and technology, and intends to achieve its investment objectives by investing in a portfolio of 30 top digital asset services and technology companies identified by the fund. It is reported that C1 Fund is headquartered in Palo Alto, California, and Dr. Najamul Kidwai serves as co-founder, president and CEO. The fund plans to be listed on the New York Stock Exchange and will be advised by C1 Advisors LLC, also in Palo Alto. Dr. Kidwai said that the fund aims to provide institutional and retail investors with the opportunity to invest in the world's leading digital asset services and technology companies and achieve investment goals by maximizing total returns. The registration statement has not yet taken effect, and the relevant stock issuance is subject to SEC review. (Businesswire)

FSB explores AI’s potential to revolutionize finance while spotlighting risks like fraud, data governance, and systemic vulnerabilities. source: https://cointelegraph.com/news/financial-stability-board-ai-financial-risks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin (BTC) has recently experienced a massive surge, rising over 39% since November 5th to reach a new record high of $93,250 on Wednesday. However, the largest cryptocurrency by market capitalization has since experienced a pullback and is currently trading around $88,800. Market analyst Quinten Francois has suggested that this retracement could extend further, potentially dropping below... source: https://www.newsbtc.com/bitcoin-news/bitcoin-expert-predicts-correction-to-78000-cme-gap-reveals-date-for-next-bear-market/

Token issuance, Upbit, UDC conference Upbit coin listing ambush guide Golden Finance, coin listing hit rate 70%, UDC conference project list.

In 2024, meme coins have emerged as the top-performing crypto assets, delivering substantial returns that outpace those of Real World Assets (RWA) and Artificial Intelligence (AI) tokens. Data from CryptoRank, reported by TechFlow on November 14, highlights meme coins' dominance among the top five narrative tracks by market capitalization growth this year.The cryptocurrency market in 2024 has witnessed a remarkable rise in meme coin valuations. These tokens, often inspired by internet culture and social media trends, have attracted substantial investor attention, leading to impressive market capitalization growth. Notably, PolitiFi, a politically themed meme coin, has also demonstrated strong performance, further highlighting the appeal of this asset class.In contrast, RWA and AI tokens, while experiencing growth, have not matched the rapid appreciation seen in meme coins. The top five narrative tracks by market capitalization growth this year include meme coins and prediction markets, indicating a trend toward speculative and thematic investments. 

According to the information on Binance’s official website, the total number of Binance users has exceeded 240 million, currently reaching 240,345,177, and is still growing rapidly.

The U.S. Producer Price Index (PPI) rose 0.2% in October 2024, aligning with market expectations. However, the annual PPI rate reached 2.4%, surpassing the forecasted 2.3%. Revisions to previous data indicate inflationary pressures may be building, with the September monthly rate revised from 0% to 0.1% and the annual rate adjusted from 1.8% to 1.9%. 

One of the most striking things about last week’s presidential election was how many people seemed incredibly excited about Trump’s victory, and the extreme excitement some people feel about a certain vision of the future is precisely the sign that a bubble is beginning to form.

After several days of 50% of the memes going wild, the market is cooling down. Is the bull market over? Is there something wrong with the track of the coins in hand? Is there something wrong with the targets selected in the track?

A group of disgruntled investors are lodging a class-action lawsuit against Caitlyn Jenner, accusing her of selling a the "JENNER" token as an unregistered security.

Bitcoin is rising again. To me, it is not a certain cryptocurrency, nor is it the so-called opportunity for individuals to achieve financial freedom today, but it represents a whole category of things.

Phantom users who were on the iOS system reported that their Phantom account has been totally wiped out after they downloaded the latest Phantom update.

This funding will serve as a strategic hedge against inflation and ensure Pennsylvania's economic future.

Polymarket successfully predicted that Trump would win the US election with a total trading volume of over $3 billion. The FBI may have suspected that the platform was manipulating the election market, so it raided the New York residence of Polymarket CEO Coplan.

This article explains in detail what is isomorphic binding and why the RGB++ protocol is considered extremely secure.

People thanked the wizard, saying that he saved the ACT, and the wizard called it a victory for the community. This is a Hollywood story of ordinary people fighting against a dragon.