Several senior Federal Reserve officials delivered speeches, providing the market with the latest insights into the outlook for monetary policy, inflation trends, and the impact of emerging technologies on the financial system. Their remarks revealed significant internal divisions within the Fed on the core issue of when to cut interest rates. The Fed officials' speeches triggered market volatility and adjustments in expectations. Analyst Adam Button stated that US stocks received substantial buying support after Fed official Williams indicated that "given the current policy being somewhat restrictive, a rate cut is still possible in the near future." Williams' dovish signals reignited the debate over interest rate policy. His comments pushed the probability of a Fed rate cut in December to approximately 60%, putting pressure on the dollar. (Jinshi)

Michael Saylor, founder and executive chairman of Strategy, responded to questions about the risks of being excluded from the MSCI index in a post on the X platform. He stated that Strategy, as a publicly traded and operating company, is fundamentally different from funds, trusts, and holding companies. Strategy not only has a $500 million software business but also uniquely uses Bitcoin as productive capital in its fund management. Index classification cannot define Strategy. The company has a clear long-term strategy, a firm belief in Bitcoin, and its mission remains to become the world's first digital currency institution based on sound money and financial innovation.

Coinbase acquired the Solana-based marketplace Vector. fun. The Tensor Foundation, which launched and governed the DEX, will remain independent and focus on the Tensor NFT marketplace. source: https://www.cryptopolitan.com/coinbase-buy-sol-trading-platform-vector-fun/

UBS Global Wealth Management strategists stated in a report that the US dollar may weaken due to weak US data expected next week. Key data includes Tuesday's retail sales, consumer confidence, and pending home sales, while Wednesday will see durable goods orders, weekly initial jobless claims, and new home sales. The strategists noted that this data will influence market expectations for economic growth, inflation, and Federal Reserve policy. "We still expect the upcoming data to be weak enough to push market expectations upwards towards a December rate cut, which will put pressure on the dollar before the end of the year." (Jinshi)

According to data from msx.com, the Dow Jones Industrial Average opened 165 points higher, the S&P 500 rose 0.38%, and the Nasdaq Composite gained 0.47%. The crypto sector was mixed, with Coinbase up 1.31%, BitMine up 0.32%, Circle down 0.66%, and Strategy up 0.05%. msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, including US stock and ETF tokens such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

Key Takeaways: Binance will pause Polygon network deposits and withdrawals on December 9 to ensure a safe upgrade. source: https://coindoo.com/polygon-hard-fork-incoming-binance-plans-temporary-suspension-of-deposits-and-withdrawals/

RISE launches MarketCore and RISEx to power global onchain markets with shared liquidity and high-speed orderbook infrastructure. source: https://catenaa.com/blockchain/rise-launches-marketcore-and-risex-to-become-global-onchain-market-hub/

According to the announcement from Binance, the platform is set to introduce the Baby Shark Universe Trading Competition on Binance Alpha. This event invites users to trade Baby Shark Universe (BSU) tokens through their Binance Wallet (Keyless) or via Binance Alpha, offering exclusive token rewards during the promotion period. The competition is open to all users eligible to trade Binance Alpha tokens, running from 2025-11-21 16:00 (UTC) to 2025-12-05 16:00 (UTC). Participants will be ranked based on their total purchase volume of BSU tokens during the promotion period. The top 4,900 users will share a pool of 2,597,000 BSU tokens, with each receiving 530 BSU. Only trades executed through Binance Wallet (Keyless) or Binance Alpha qualify, excluding third-party dApp transactions. The competition focuses solely on cumulative purchases, with selling activities not considered. There is no cap on trading volume for participants, although transactions related to token bridging are ineligible. To participate, users must update their Binance App to the latest version, create and back up a Binance Wallet (Keyless), and trade BSU during the promotion period. Rankings will be automatically calculated post-event, and winners can claim rewards on the event page. Binance emphasizes adherence to the Activity Terms, which include compliance with Binance's general terms and conditions, privacy policy, and prize promotion terms. Only users from qualified regions who complete account verification (KYC) and maintain an active Binance Wallet are eligible. Binance reserves the right to disqualify participants engaging in dishonest behavior or tampering with program code. The platform may amend the Activity Terms at its discretion, including changes to eligibility, winner selection, and event duration.

Federal Reserve Governor Mirren said on Friday that yesterday's (US September non-farm payrolls) data had a "clearly dovish" impact. Mirren pointed out that the current lack of data does not mean we have no forecasts; we should be forecast-oriented, not data-oriented. Mirren stated, "If my vote is the deciding factor, I will support a 25 basis point rate cut." Mirren believes that labor market data was not as strong as expected, and CPI data is not expected to be released until after the next FOMC meeting. (Jinshi)

DATs have taken a significant hit in the latest market selloff, with both the value of their crypto holdings and stock prices collapsing. source: https://www.theblock.co/post/379913/corporate-crypto-treasuries-market-crash?utm_source=rss&utm_medium=rss

The DeFi industry is currently facing a value creation crisis, not a valuation crisis.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

SOLANA, cryptocurrency, Solana: Anatoly's behind-the-scenes story over the past eight years (Jinse Finance). With such excellent founders and a great product, why hasn't the token appreciated?

Abstract In recent years, major jurisdictions have developed increasingly comprehensive regulatory rules for crypto asset trading platforms and services.

The "Base is for everyone" token, which was essentially backed by Base, severely damaged community trust at the time.

The crypto industry is not an isolated phenomenon in any one region, but rather a restructuring of global financial infrastructure.

The U.S. Department of Justice announced the seizure of 127,000 bitcoins, worth $15 billion, from Cambodian businessman Chin Chee, sparking global discussion in what has been the largest cryptocurrency seizure in history.

Recommended reading tonight: 1. Market continues to decline: What's happening with whales, DAT, and ETFs?; 2. US stocks experience an epic plunge, Bitcoin is severely impacted: What's going on in the market?; 3. Privacy renaissance: The next era for blockchain.

US stocks plunged, Hong Kong stocks plummeted, and A-shares followed suit. Bitcoin once fell below $86,000, and even safe-haven gold continued to decline.

The Fusaka upgrade marks a pivotal moment in Ethereum's development, introducing a roadmap guided by clear strategic priorities.