Bitcoin may be sliding into a new bear phase unless fresh macro liquidity – particularly through spot ETFs – returns to the market, according to CryptoQuant CEO Ki Young Ju. Bitcoin Bear Market Incoming? Sharing a composite on-chain dashboard overlaid on the BTC price, Ju wrote on X: “Most Bitcoin on-chain indicators are bearish. Without macro liquidity, we enter a bear cycle. ” The chart stacks ten CryptoQuant metrics behind the price in a red-to-green heatmap from 2021 to 2025, highlighting how regime shifts in prior cycles coincided with clusters of bearish source: https://www.newsbtc.com/bitcoin-news/bitcoin-bear-market-one-thing-flip-it-cryptoquant-ceo/

SEC meeting reveals divisions regarding the regulation of tokenization and oversight of DeFi. source: https://www.cryptopolitan.com/sec-meeting-exposes-rifts-on-tokenization/

According to Odaily, the total sovereign debt issued by the U.S. Treasury has exceeded $30 trillion for the first time, more than doubling since 2018. Data released on Thursday indicates that as of November, the U.S. government's outstanding Treasury bills, notes, and bonds have reached $30.2 trillion. This amount constitutes the primary component of the federal total debt, which stands at $38.4 trillion, including obligations to Social Security trust funds and savings bond holders. The Securities Industry and Financial Markets Association reports that in 2020, the U.S. raised $4.3 trillion through the issuance of these three types of government securities, with the fiscal deficit surpassing $3 trillion that year. Although the deficit has narrowed since then, projected to decrease to approximately $1.78 trillion by the 2025 fiscal year, interest payments alone amount to $1.2 trillion. Jason Williams, a rate strategist at Citigroup, highlighted the significant challenge posed by interest expenses. He noted that even if tariff revenues reach $300-400 billion, they fall short of covering the interest payments on existing debt. Williams likened the situation to being trapped in quicksand, where tariffs might slow the descent but cannot prevent it entirely.

null source: https://x.com/solidintel_x/status/1996733126513774987

IMF report warns of stablecoins' impact on emerging markets, recommending robust legal frameworks to maintain monetary sovereignty. source: https://coincu.com/news/imf-warns-stablecoins-emerging-currencies/

Central banks purchased a net 53 tonnes of gold in October 2025, a 36% month-over-month surge that brought the monthly total to the highest of the year. This aggressive gold accumulation reflects growing concerns over macroeconomic uncertainty and a strategic shift away from traditional dollar-denominated assets. Record Gold Purchases Signal Strategic Shift According to World Gold Council data, central banks purchased a net 53 tonnes of gold in October alone—the highest monthly demand this year—led by Poland, Brazil, and emerging market economies. Central banks acquired 254 tonnes year-to-date through October, making 2025 the fourth-highest year for gold accumulation this century source: https://beincrypto.com/central-banks-gold-bitcoin-reserves-2025/

لقد أكملت Binance مؤخرًا استبدال الرمز المميز وترقية العلامة التجارية لـ Frontier (FRONT) إلى Self Chain (SLF)، وتبادلت FRONT وSLF بنسبة 1:1. والأمر المحير هو أن Binance لم تذكر المستخدمين بأن ترقية الرمز المميز هذه كانت مصحوبة بزيادة قدرها 4 أضعاف في الإصدار، وهو ما يُشتبه في أنه يضلل المستخدمين عمدًا في الشراء.

币安近期完成了Frontier（FRONT）代币置换及品牌升级为Self Chain（SLF），并将FRONT与SLF通过1：1兑换，令人不解的是币安在此次的代币升级中并未提醒用户此次代币升级伴随着4倍增发，存在刻意误导用户购买的嫌疑。