Fed's Goolsbee said the Fed will not change its inflation target, interest rates may need to be lowered in the next year, and the basic economic situation is still falling inflation and the labor market gradually cooling to full employment. For the Fed, the inflation data in the next few months is crucial; the Fed must achieve the 2% inflation target. (Jinshi)

According to Odaily, Matthew Sigel, the Head of Digital Asset Research at VanEck, has expressed optimism about the potential launch of a Solana ETF by the end of next year. This statement was shared by Nate Geraci, President of The ETF Store, on the X platform. Sigel's comments highlight the growing interest and anticipation surrounding Solana's integration into the ETF market, which could mark a significant development in the digital asset space. The potential introduction of a Solana ETF reflects the increasing recognition of Solana's capabilities and its position within the cryptocurrency ecosystem. As the digital asset market continues to evolve, the possibility of a Solana ETF could attract more institutional investors, providing them with a regulated and accessible way to invest in Solana. This development aligns with the broader trend of traditional financial institutions exploring opportunities within the cryptocurrency sector, aiming to offer diversified investment products to their clients. The anticipation of a Solana ETF launch underscores the dynamic nature of the cryptocurrency market and the ongoing efforts by asset management companies to expand their offerings. If realized, the introduction of a Solana ETF could enhance the visibility and adoption of Solana, further solidifying its role as a prominent player in the digital asset landscape. As the market awaits further developments, stakeholders remain attentive to regulatory approvals and market conditions that could influence the timeline and success of such an ETF.

U.S. retail sales rose 0.4% in October, higher than the expected 0.3% and the previous value was revised up to 0.8% from 0.4. Retail sales grew steadily in October as U.S. consumers showed a continued willingness to spend. After the release of the "horrible data", traders cut their bets on a Fed rate cut in 2025.

null source: https://x.com/DaanCrypto/status/1857418908254208119

أعلنت كوين بيس عن إطلاق ميزة “الدفع بلمسة واحدة”، مستهدفة تحسين المدفوعات بالعملات الرقمية المشفرة وتوسيع استخدامها عالميا. كشف “جيسي بولاك” خلال مؤتمر “DevCon” في بانكوك أن الميزة تخضع للاختبار حاليا وسيتم طرحها قريبا في 50 دولة. #CMCNews: Coinbase Wallet will be announcing a new "Tap to Pay" service.https://t.co/9kA2kAl6ME— CoinMarketCap (@CoinMarketCap) November 15, 2024 تتيح … The post... source: https://arab-btc.net/coinbase-challenges-traditional-payment-giants/

South Korea's Financial Intelligence Unit (FIU) has uncovered up to 600,000 suspected violations of Know Your Customer (KYC) regulations at Upbit, the country’s largest cryptocurrency exchange. The post Upbit Faces Major Scrutiny Over KYC Violations, Potential Fines Loom appeared first on Cryptodnes. source: https://cryptodnes.bg/en/upbit-faces-major-scrutiny-over-kyc-violations-potential-fines-loom/

Blockchain AI projects have seen record fundraising but few end-users, here is where industry leaders see the technology heading next. source: https://cointelegraph.com/news/ai-crypto-project-investing-decentralization?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The past seven days were exhilarating for the crypto market as Bitcoin continued forming new ATH despite an exhausting bullish momentum. However, the dying momentum did not affect the meme coins which went on to post rallies as high as 3,000%. BeInCrypto has analyzed three such meme coins that have risen significantly and, at the same time, formed new all-time highs. Act I: The AI Prophecy... source: https://beincrypto.com/meme-coins-act-pnut-doge-rally/

Ilya Lichtenstein, a hacker behind one of history’s biggest cryptocurrency thefts, received a five-year prison sentence. In 2016, he orchestrated the theft of 119,754 Bitcoin from Bitfinex by authorizing 2,000 fraudulent transactions. He later teamed up with his wife, Heather Morgan, to launder the stolen funds. $10 Billion in Stolen Bitcoin The couple pleaded guilty on August 3, 2023, to... source: https://beincrypto.com/bitfinex-hackers-sentenced-five-years/