US President Trump: Many buyers are "hoarding" goods by accumulating far more inventory than they actually need in order to avoid tariffs in the short term. However, this over-purchasing is gradually bottoming out, and all goods subject to tariffs will no longer be able to evade taxes. At that time, the US will receive huge tariff revenues far exceeding historical peaks. (Jinshi)

American real estate entrepreneur Grant Cardone, along with members of the cryptocurrency community, has called for a boycott of JPMorgan after the bank warned that Strategy (MSTR) could face outflows of up to $2.8 billion if it is removed from the MSCI index. JPMorgan analysts stated in a report this week that if other index providers follow MSCI's lead, total withdrawals could reach $8.8 billion. As a result, Strategy's stock (MSTR) fell below $200 on Wednesday and continued its decline to a year-to-date low of around $170 by Friday's close. The stock had previously peaked above $450 in mid-July, and is down 41% year-to-date. Bitcoin supporters accuse JPMorgan of a "premeditated attack" on MSTR shareholders, with prominent figures including Max Keiser and John Deaton participating in the boycott. The community also accuses JPMorgan of shorting MSTR and criticizes its association with Jeffrey Epstein.

According to Foresight News, the Department of Government Efficiency (DOGE), established by U.S. President Donald Trump to reduce the size of the government, has been disbanded. Director of the U.S. Office of Personnel Management, Cooper, confirmed the department's dissolution, stating, "It simply does not exist." An executive order signed by Trump indicated that the department was supposed to operate until July 2026.Previously, Foresight News reported that Elon Musk, in an interview with Joe Rogan, expressed concerns about DOGE posing a threat to bureaucratic institutions. Musk noted, "Before DOGE, the power of elected officials was very small compared to bureaucratic institutions. So, DOGE posed a threat to these institutions."

According to PANews, a significant AAVE investor, who experienced a partial liquidation during the sharp price drop on October 11, has repurchased 24,000 AAVE tokens valued at $4 million. Over the past two years, this investor accumulated 284,000 AAVE tokens at an average price of $165 through a strategy of circular lending. During the October 11 price plunge, 32,000 AAVE tokens, worth $3.22 million, were liquidated at a price of $101 each. The investor has now used 4 million USDC to reacquire 24,000 AAVE tokens, bringing their total holdings to 276,000 AAVE tokens, maintaining an average acquisition price of $165.

According to the announcement from Binance, the platform is introducing a new Word of the Day (WOTD) game alongside a Spot promotion, with the theme centered around 'Demo Trading.' The activity period is set from 2025-11-24 00:00 (UTC) to 2025-11-30 23:59 (UTC). The WOTD game is designed to enhance users' crypto vocabulary and keep them informed about market trends. Participants can play up to two games daily, testing their knowledge on the given topic. Users who correctly answer three questions during the activity period will share 400,000 HOME token vouchers, with a maximum reward of 80 HOME per winner. To access the second game, users must share selected articles on social media, unlocking the game once the shared link is clicked by a third party.In addition to the WOTD game, Binance is offering a Spot trading promotion. New users who register using the 'WOTD2025' referral code during the activity period will receive a 10% discount on Spot trading fees. Furthermore, users can earn additional rewards by completing tasks in the Rewards Hub within 14 days of registration. For the Spot promotion, users who have completed account verification but have not previously engaged in Spot trading can participate. The first 4,000 users who answer at least one WOTD question correctly and trade a minimum of $100 on any Spot trading pairs will receive 400 HOME token vouchers. Token rewards will be distributed within two weeks after the activity concludes. Binance reserves the right to modify or cancel the promotion at any time and update the list of eligible countries or regions. Participants must adhere to Binance's terms and conditions, including the prohibition of dishonest behavior and fraudulent activities.

According to PANews, data from Tokenterminal reveals that Ethena captured approximately $151 million in fees during the third quarter of this year, marking a historic high. Currently, Ethena's total revenue has reached $599 million.

According to Foresight News, Jack Mallers, co-founder of Twenty One Capital, shared a framed letter from Chase Bank. The letter, dated September 2, 2025, informed him that his account would be closed due to compliance issues identified during a review. These issues were related to the Bank Secrecy Act and other regulations, along with unusual account activity.Chase Bank, a subsidiary of JPMorgan Chase, is a national bank in the United States focusing on commercial and retail banking.

According to BlockBeats, data from Artemis indicates that Sui has led in stablecoin supply changes over the past 24 hours, with a net inflow of $2.4 billion.

According to BlockBeats, market analysis from KobeissiLetter indicates that historical data suggests strong returns for the S&P 500 when the Volatility Index (VIX) exceeds certain levels. When the VIX surpasses 28.7 points, the S&P 500 tends to deliver robust returns over the following 12 months. Between 1991 and 2022, when the VIX ranged from 28.7 to 33.5, the average return for the subsequent year was +16%. If the VIX exceeded 33.5, the average return increased to +27% over the same period. In contrast, when the VIX fluctuated between 11.3 and 12.0, the S&P 500's return for the next year averaged +15%. Historical trends indicate that elevated VIX levels often create buying opportunities. The current VIX stands at 23.42.

Key Takeaways: Grayscale will list XRP and Dogecoin ETFs on the NYSE tomorrow after securing SEC approval. source: https://coindoo.com/xrp-and-dogecoin-etfs-launch-on-the-nyse-today/

New York Fed President Williams' remarks were interpreted as a signal of consensus among high-level officials, leading to a significant revision of market expectations. Economists point out that the three most influential officials have formed a strong camp supporting interest rate cuts, which is unlikely to be shaken.

What we are witnessing now is a direct confrontation between two competing monetary systems.

The United States has opened a federal investigation into Bitmain, the Chinese giant that controls 80% of the Bitcoin mining hardware in America, literally shooting itself in the leg.

Bitcoin Core v30 removed the OP_RETURN restriction, and everyone's saying it's because the "Ordinals inscription restriction is invalid." The real reason isn't Ordinals at all; it's BitVM. This story is more important than the Ordinals narrative.

A specially crafted delegation transaction caused Cardano’s network to split into two conflicting chains, disrupting exchanges, DeFi apps, and users. Developers quickly deployed emergency fixes, restored consensus, and confirmed that no user funds were lost.

Cryptocurrencies, AI, and passive investment funds in US stocks have formed a highly interconnected chain. The collapse of BTC not only severely impacted crypto assets but also put direct liquidity pressure on stock portfolios through the transmission chain of ETFs and related listed companies.

DAT will face a high barrier to entry: most DAT will trade at a discount, and only a few outstanding companies will trade at a premium.

The recent market correction is not due to a single factor, but rather a result of a combination of factors, including technical cycle topping signals, tightening macro liquidity, institutional profit-taking, and community disagreements.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2888, providing you with the latest and fastest news on the digital currency and blockchain industry.

What big things have the mainstream Perp DEXs been up to lately? Jinse Finance reports on the Perp DEXs making a series of bold moves.