Inflation pressures have fallen significantly since peaking two years ago, but the pace of improvement has slowed in recent months. The PCE index is the Fed's preferred measure of price pressures. The Fed's goal is to keep PCE inflation around 2% over the long term to maintain a healthy economy. Economists expect the PCE price index to rise 0.20% month-on-month and 2.30% year-on-year in October. Core PCE inflation, which excludes volatile food and energy prices, is expected to rise 0.30% month-on-month and 2.80% year-over-year. While economists expect both measures to rise compared with September, analysts believe price pressures are still improving. Russell Price, chief economist at Ameriprise Financial, noted that October's higher reading "doesn't undermine the long-term trend." It is worth noting that due to winter time and the Thanksgiving holiday, the PCE data will be released at 21:30 Beijing time on Wednesday instead of the usual 20:00 Thursday. (Golden Ten)

Deribit data shows that BTC options with a nominal value of approximately US$9.058 billion and ETH options contracts with a nominal value of US$1.35 billion will expire and be delivered on Friday (November 29); the maximum pain point price of BTC is US$80,000, and the maximum pain point price of ETH is US$2,900.

XRP’s price action exploded in November, here’s what you need to know. Key Support levels: $0.92 Key Resistance levels: $1.6 1. XRP is Consolidating After a Strong Rally In November, XRP’s price went on a 200% run to the $1.6 resistance. This is both impressive and surprising considering that this cryptocurrency is a top 10 […] source: https://cryptopotato.com/ripple-xrp-price-prediction-for-this-week-5/

According to GMGN data, MetaMask co-founder Dan Finlay released the token CONSENT on pump, and the current market value is temporarily reported at 5 million US dollars. Dan bought 0.5 SOL in the internal market, sold tokens worth 72 SOL, and repurchased 50 SOL again, with a current floating profit of more than 80,000 US dollars. Earlier news, MetaMask co-founder Dan Finlay posted on Warpcast: "We are comparing the Meme coin experience of WC (Warpcast) and SOL. There are two tokens called CONSENT, and only one will win in the end. Odaily reminds users that the price of Meme coins fluctuates greatly, so investors are advised to participate with caution.

The crypto sector has registered another big win after the U.S. Fifth Circuit Court ruled on Tuesday that the Treasury overstepped by sanctioning Tornado Cash’s immutable smart contracts. The court ruled that the autonomous software cannot be classified as property. source: https://www.cryptopolitan.com/court-overturns-tornado-cashs-ruling/

Base ecosystem AI Agent Clanker posted on X: "MetaMask co-founder Dan Finlay used Clanker and pump.fun to issue Meme coins. He gave us some good feedback and we will improve the product based on this. Although Dan Finlay said his experience was not good, he made a profit of more than $26,000 on ETH alone."

Bitcoin's pursuit of the $100,000 milestone has faced obstacles recently, despite approaching a historic high. The post Is Bitcoin’s $100,000 Target Still Within Reach? appeared first on Cryptodnes. source: https://cryptodnes.bg/en/is-bitcoins-100000-target-still-within-reach/

MetaMask co-founder Dan Finlay posted on Warpcast: "We are comparing the Meme coin experience of WC (Warpcast) and SOL. There are two tokens called CONSENT, and only one will win in the end. The result so far is: on Clanker, there will be a lot of people rushing and rugby; on pump.fun, at least the developers are real founding members. For example, it is impossible to crowdfund an organization using the Clanker model. Even if the amount I invested in pump.fun is only a small part of Clanker, the gains are already several times the losses on Clanker. I'm not sure how much of this is "normal site noise" and how much is because of my bonus this time, but for me, this is the fact."

The post Bitcoin and Ethereum ETFs See Massive Outflows appeared first on Coinpedia Fintech News Bitcoin ETFs recorded a net outflow of 3,674 $BTC ($343.96M), with Bitwise leading the withdrawals, losing 2,957 $BTC ($276.84M). Bitwise now holds 40,186 $BTC (~$3.76B). Ethereum ETFs weren’t spared, reporting a net outflow of 1,787 $ETH ($5.92M). Grayscale (ETHE) contributed heavily, offloading... source: https://coinpedia.org/crypto-live-news/bitcoin-and-ethereum-etfs-see-massive-outflows/

The post EIGEN Whale Moves $3.63M Amid 10% Price Pump appeared first on Coinpedia Fintech News A major EIGEN claimant deposited 1.091M EIGEN worth ~$3.63M to CoinbasePrime, following an 8.34% surge in 24 hours. The tokens were claimed from @eigenlayer using 31 wallets between October 30 and November 26. Currently ranked 126, $EIGEN trades at $3.38 with a market cap of $631.46M, up 9.11% today.... source: https://coinpedia.org/crypto-live-news/eigen-whale-moves-3-63m-amid-10-price-pump/

BlueSky's rapid growth has increased harmful content, driving stricter moderation. The platform also faces regulatory scrutiny from the European Commission for not disclosing key operational details, adding to its challenges amid user migration from Elon Musk's X.

A viral AI video reimagines Elon Musk as a Ming dynasty secret agent, blending martial arts and political satire. The clip has gained over 61,000 views on YouTube and 116,100 views on X, receiving praise for its creativity and humour.

MicroStrategy’s BTC strategy could inspire broader adoption, not only among enterprises but potentially at the sovereign level.

As of November 26, 2024, 93 leading institutions hold more than 2.8 million bitcoins worth US$260 billion, accounting for 13.4% of the total bitcoin supply.

The ruling of the U.S. Court of Appeals for the Fifth Circuit overturned the sanctions on Tornado Cash. Influenced by this news, the price of Tornado Cash token TORN soared 486.02% in the past 24 hours, with a trading volume of nearly 10 million US dollars and a 24-hour increase of 15438.18%.

MicroStrategy’s transformation from a troubled software company to a Bitcoin broker has seen its stock price soar. Starting at $2 in 2002, the price has skyrocketed more than 1,000 times to over $2,000 at its peak.

TRON founder Justin Sun has become an advisor to Donald Trump’s crypto venture, World Liberty Financial Inc. (WLFI), after investing $30 million as its largest backer. Was his investment key to securing the role?

New legislation aims to establish a sovereign federal Bitcoin reserve, potentially enhancing asset diversification and economic resilience.

The game Axie Infinity made people realize that cryptocurrency and games can be combined.

We’ll explore how cryptocurrencies can play a role in developed economies—not as a lifeline, but as an option driven by institutional distrust, underbanked populations, and the rise of digitally native economies.