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.

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

According to Arkham, Grayscale just transferred 6,568 ETH (worth $17.97 million) and a total of 1,808 BTC (worth $151.63 million) to a Coinbase Prime address.

Traders increased their bets on a third consecutive rate cut by the Federal Reserve at its December meeting on Friday, after Fed official Williams indicated the Fed might cut rates "in the near future." Short-term interest rate futures now reflect a 57% probability of a December rate cut, significantly higher than the previous reading of below 50%. (Jinshi)

Web3 startup aPriori on Friday rejected accusations that members of its team were part of a sybil attack on the project’s October airdrop, after blockchain investigators Bubblemaps and ZachXBT observed a coordinated cluster of wallets securing 60% of the distribution. The YZi Labs-backed project’s APR token genesis airdrop in late October was meant to reward […] source: https://www.cryptopolitan.com/apriori-denies-insider-role-apr-airdrop/

CoinDesk has released its latest performance update regarding the CoinDesk 20 index, which tracks the prices of the top 20 cryptocurrencies by market capitalization. In this update, it is noted that the price of Bitcoin (BTC) has experienced a decline of 3.3%, contributing to an overall downturn in the index's performance. This decrease in Bitcoin's value reflects broader market trends and may have implications for investors and traders in the cryptocurrency space. source: https://www.coindesk.com/coindesk-indices/2025/11/21/coindesk-20-performance-update-bitcoin-btc-price-falls-3-3-as-index-declines

What to Know: Crypto cycles have increasingly tracked macro data, with strong jobs and PMI figures tightening liquidity, while weaker prints often revive risk-on demand. Investors now closely watch unemployment and PMI thresholds, using them as signals to determine when to rotate between high-beta altcoins and more defensive, utility-heavy allocations. AI-driven creator platforms are emerging as a structural theme, transforming fragmented content tools and opaque revenue-sharing models into on-chain, programmable economies. SUBBD targets excessive creator‑platform fees, arbitrary bans, and fragmented AI stacks by merging Web3 payments, governance, and advanced AI tools into a single tokenized ecosystem source: https://www.newsbtc.com/news/will-pmi-and-jobs-data-move-crypto-subbd-token/

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.