According to ChainCatcher news and Jin10 reports, a Reuters survey of stock market strategists shows that the S&P 500 index is expected to close at 7,490 points by the end of 2026, rising about 11.7% from current levels. In the survey, over 45 strategists believe that the index will rise for the fourth consecutive year. However, 8 respondents believe that there is a high likelihood of a pullback in the next three months. Analysts point out that the risks to optimistic forecasts stem from the uncertainties surrounding rising inflation and prospects of interest rate cuts. The survey also predicts that the Dow will close next year at 50,566 points, up more than 7% from current levels.

Gate News bot message, a major cryptocurrency whale has returned to active trading after a three-month period of inactivity. The whale purchased 1,110 ETH for $3.25 million DAI at a price point of $2,933. This transaction follows the whale's previous sale of 15,575 ETH for $66.52 million at $4,270

Odaily News Huma Finance announced on the X platform that its Q2 airdrop inquiry has been launched, and users can now check the number of token airdrops, with other information to be announced soon.

PANews reported on November 26, according to The Block, that a post from the Texas Blockchain Council indicated that the state has made its first funding allocation to the Texas Strategic Bitcoin Reserve, purchasing approximately $5 million worth of BlackRock's Bitcoin Spot ETF (IBIT) last week. This transaction is suspected to be the first use of authorized funds under the SB 21 bill signed by Greg Abbott in June. The bill established a state-level Bitcoin reserve operated by the Texas Treasury Safekeeping Trust Company. Lee Bratcher, chairman of the Texas Blockchain Council, revealed on Twitter that the purchase took place on November 20, marking both the first funding allocation to the reserve and the first instance of a state government in the U.S. purchasing Bitcoin. However, state officials have not yet released relevant documents or statements to confirm the transaction. According to the latest 13F filing submitted by the Texas Treasury Trust Company,

BlockBeats news, on November 26, Beimnet Abebe, head of credit trading at Galaxy Digital, stated in an interview that he believes the peak of this cycle is likely already established. In the short term, it will be difficult for prices to return to the range of $120,000 to $125,000. For now, the $90,000 level is likely to pose strong resistance.

The total lock-up position of Ethena's synthetic stablecoin USDe has recently decreased significantly, but its usage continues to rise, showing the complexity of DeFi yield-bearing stablecoins. The current annual percentage rate of USDe is approximately 5.1%, which has dropped since the beginning of the year, reflecting changes in market conditions and leverage demand.

According to Golden Finance, Texas invested $10 million at a price of about $87,000 on November 20, becoming the first state in the United States to purchase Bitcoin. The Texas State Comptroller and Treasury investment team are closely monitoring the market. This initial investment was completed through BlackRock's IBIT ETF, and in the future, Texas will self-custody Bitcoin.

Golden Finance reported that ShapeShift executive Houston Morgan stated that JPMorgan suddenly closed his business account last Friday and notified him that his personal account would also be closed this week, citing the reason as "to protect Chase's Financial Institution." Morgan indicated that the entire process was without warning, and he was not asked to provide additional information, nor was there an opportunity to appeal. This incident follows the closure of Strike CEO Jack Mallers' account, raising concerns about the "de-banking" of the U.S. encryption industry once again. JPMorgan did not respond to requests for comment.

According to Jinse Finance, the total transfer amount of the Tether-linked stablecoin USDT0 issued by Everdawn Labs has exceeded 50 billion USD. More than one-fifth of this amount was transferred last month. This milestone was achieved just 10 months after the launch of the USDT0 network in January 2025.

US President Trump stated that a peace protocol between Ukraine and Russia is close to being reached, but European leaders remain skeptical. The US pointed out that some delicate details still need to be resolved and discussions must continue. Ukraine has tentatively agreed to the protocol but needs to discuss the terms.

Trump stated on "Truth Social" that progress has been made on the peace plan for the Russia-Ukraine conflict, with only a few remaining differences. He instructed envoys to travel to Moscow to meet with Putin, while the U.S. Secretary of the Army will discuss matters with Ukraine, looking forward to meeting with the leaders of both countries soon.

Golden Finance reports that US Bancorp has stated that the company is testing its self-developed stablecoin on the Stellar Blockchain.

Golden Finance reports that Caroline Pham, acting chair of the Commodity Futures Trading Commission (CFTC), is seeking CEOs from various fields to join the newly established "CEO Innovation Committee" to enhance the agency's efforts in expanding regulation of digital assets. Pham stated, "To quickly initiate work, the CFTC needs to strengthen its interaction with the public with the support of industry experts and innovators who are shaping the future." She announced on Tuesday that nominations for the committee have been opened, with a submission deadline of December 8.

Golden Finance reported that Nvidia stated on Tuesday that its technology remains a generation ahead of the industry in response to Wall Street's concerns about Google's AI chips potentially threatening Nvidia's dominance in AI infrastructure. Nvidia said, "We are pleased with Google's success—they have made significant progress in the AI field, and we will continue to provide products to Google. Nvidia currently leads the industry by a generation—we are the only platform that can run all AI models and is versatile across various computing scenarios." At the time of this statement, Nvidia's stock fell 3% on Tuesday, following reports that one of its key clients, Meta, may reach an agreement with Google to use Google's Tensor Processing Units (TPU) in its data centers. Nvidia stated in the post that its chips are more flexible and powerful compared to so-called ASIC chips (like Google's TPU), which are typically designed for a single company or single function.

According to a report by Jinse Finance, citing three informed sources from MS NOW, U.S. President Trump is considering replacing FBI Director Kash Patel in the coming months due to growing dissatisfaction among him and senior aides regarding the negative news generated by Patel recently. Patel has come under scrutiny for his management of internal resources, with reports of him arranging security for his girlfriend and using government planes, as well as disputes with other Trump associates.

Golden Finance reported that the U.S. Treasury: The U.S. budget deficit in October was $284 billion, market expectations were for a deficit of $235.5 billion, and the same period last year was $257 billion. October expenditures were $689 billion; revenues were $404 billion, setting a historical high for October, with net tariff revenue of $31.4 billion, a record high, far exceeding $7.3 billion for the same period in 2024.

Golden Finance reports that the currency strategist team at JPMorgan, led by Meera Chandan and Arindam Sandilya, had predicted that the dollar would strengthen after Trump took office this year. However, with the dollar's performance in the first half of the year being the worst in 50 years, the team had to quickly adjust its outlook. The team's view on the dollar turned negative in March and has maintained that stance ever since. The strategists now expect the dollar to fall by about 3% before mid-2026, and then stabilize. However, analysts point out that several key factors complicate the bank's bearish outlook. First, despite the Fed's recent interest rate cuts, U.S. rates remain higher than many other global central banks. They state that this makes global investors more inclined to park their funds in the U.S. and limits the appeal of diversifying investments outside the U.S. More broadly, JPMorgan is concerned about the risks related to the U.S. labor market or growth expectations.

November 26 news, reports say that as the selection process for the new chair of the Fed enters its final weeks, White House National Economic Council Director Kevin Hassett is seen by Trump’s advisors and allies as the frontrunner for the next Fed chair. However, insiders also point out that Trump is known for making surprising personnel and policy decisions, so nominations cannot be considered final until publicly announced. The selection of the Fed chair and board members has traditionally been the most direct way for a president to influence the Fed. During Trump’s first term, he nominated the current chair Jerome Powell, but Trump deeply regretted that decision when Powell did not cut rates at the pace he expected. Hassett is viewed as being highly aligned with Trump’s economic views, including the assertion that rates need to be dropped. In an interview on November 20, he stated that if he were to serve as Fed chair, "I would drop rates now," because "the data suggests we should do this."

ChainCatcher reports that a court in South Korea sentenced a man to prison for creating a fake securities trading platform and laundering $4.2 million in illegal proceeds through Crypto Assets. According to market sources, the operator of the fake platform copied the trademarks and data of a "well-known" securities company in an attempt to make the eyewash appear more legitimate. The case was heard in the Gwangju District Court's Criminal Division, with presiding Judge Kim Young-kyu pointing out that the platform defrauded a total of 116 victims. Judge Kim ultimately sentenced the man to 8 years in prison. During the court hearing, it was noted that a 41-year-old accomplice helped him convert $2.9 million from investors into Crypto Assets multiple times through company accounts and private Wallets to complete the money laundering process. This case highlights the surge in criminal activity within the encryption industry. According to FBI data, reported losses from Crypto investment scams exceeded $5.8 billion in 2024.

Odaily News Anchorage Digital announced a rewards program for holders of USDtb and USDe, with rewards distributed by an independent entity, Anchorage Digital Neo Ltd., to maintain compliance under the framework of the GENIUS Act, which prohibits interest payments on stablecoins; this structure is designed to allow institutions to operate within Anchorage.

According to Jinse Finance, recently, Oracle founder Larry Ellison has experienced a significant decrease in wealth, while Google's two founders Larry Page and Sergey Brin have seen their personal fortunes rise. In the latest real-time Forbes billionaire rankings, Larry Page and Sergey Brin have personal fortunes of $268.4 billion and $248.8 billion, respectively, making them the second and third richest people in the world. Data shows that since the beginning of the year, Google's stock price has risen by as much as 73%, and the company's total market capitalization has soared to around $4 trillion.

Odaily News MegaETH stated on the X platform that due to encountering "unexpected" issues, it will no longer pursue the $1 billion cap. They will share some retrospective content later and introduce an "exit" feature that allows users to choose to exit when they no longer wish to participate.

According to BlockBeats news on November 26, market news states that Polymarket has received approval from the Commodity Futures Trading Commission (CFTC) to amend its designated order, allowing entry into the U.S. market through intermediary channels.

BlockBeats news, on November 25, according to official news, MegaETH announced that the USDm limit has been raised to 1 billion USD, and the bridge will open at 0:00 Beijing time tomorrow, but the limit has apparently been preemptively seized. The team originally planned to carry out the limit increase operation through pre-signed transactions and execute it at a specified time to ensure the event starts on time. However, the team did not realize that any signed transaction can be broadcast by anyone. It is suspected that the encryption Large Investors @chudeth exploited this loophole to execute the limit increase operation in advance, completing the distribution of USDm ahead of time. Meanwhile, the total limit has been modified to 500 million USD, and more than 483 million USD of the limit has already been distributed.

PANews, November 25th - Jeff, the founder of Hyperliquid, posted on the X platform stating that Hyperliquid now supports permissionless Perptual Futures for "any asset". He pointed out that as finance fully goes on-chain, the mobile application designed for non-crypto users will create a billion-dollar market opportunity. Jeff emphasized that the key lies in seamless fiat on-ramp and a mobile experience accessible to the public. Hyperliquid, along with the HIP-3 perpetual framework, can provide a complete backend liquidity infrastructure. Developers can monetize through configurable trading splits. He stressed that Hyperliquid’s vision is to support excellent teams in reshaping financial infrastructure and to provide an open space for developers to create outstanding user experiences.

Gate News bot message, Whale trader 0x549e has completed the closure of their ZEC long positions, securing profits exceeding $3 million. The trader has simultaneously increased exposure to other cryptocurrencies, adding substantial positions in HYPE and MON tokens. Current holdings include 500,406

Odaily News According to market news: The Federal Deposit Insurance Corporation has relaxed a key banking capital rule related to U.S. Treasury bonds, and additionally, the Federal Deposit Insurance Corporation is proposing to amend the leverage ratio for community banks. (Jin10)

Odaily News CBB publicly expressed dissatisfaction on social media, stating that MegaETH expanding the public sale scale to 1 billion USD is "too greedy" and bluntly said, "Send this trash to zero please."

According to Golden Finance, due to increased consumer concerns about the labor market and the overall economic outlook, U.S. consumer confidence in November recorded its largest fall in seven months. Data from the World Federation of Large Enterprises shows that the consumer confidence index fell 6.8 points to 88.7, while the median expectation of economists was 93.3.

BlockBeats news, on November 25, according to GMGN monitoring, trading of Meme coins on the Monad chain is active, with the top five Meme coins by market capitalization having a 24-hour trading volume exceeding 1 million USD. Among them, the top three Meme coins by market capitalization are: NADS: market capitalization of 1.82 million USD, 24-hour rise of 4762%, current price of 0.0017 USD; HOGDOG: market capitalization of 880,000 USD, 24-hour rise of 1718%, current price of 0.0008 USD; ANAGO: temporarily reported market capitalization of 840,000 USD, 24-hour rise of 274%, current price of approximately 0.0008 USD; Additionally, monitoring shows that crypto KOL "Stay Calm, Stay Calm Again" bought in when NADS had a market capitalization of about 220,000 USD, currently with unrealized gains of about 20,000 USD (330%).

ChainCatcher message, CBB posted on X platform stating that CBB Cartel has deposited 25.5 million USDm to participate in Monad public sale.

Odaily News According to information from the MegaETH official public sale website, the $250 million public sale quota has been completely exhausted.

According to ChainCatcher news and monitoring by Lookonchain, 10 U.S. Bitcoin ETFs had a net inflow of 807 BTC, with Grayscale accounting for 1711 BTC; 9 Ethereum ETFs had a net inflow of 35725 ETH, with BlackRock contributing 31141 ETH, 5

Odaily News Stablecoin lending platform CreatorFi announced the completion of a $2 million strategic round of financing, with the Aptos Foundation and Aptos Labs participating and reaching a cooperation agreement. The new funding will support the acceleration of platform development, utilizing the Aptos cross-chain transfer protocol to help creators and businesses lend and receive payments in USDC. (PRNewswire)

Gate News bot message, recent data from Dune Analytics reveals the profit distribution among Polymarket traders. The analysis indicates that 16% of trackable Polymarket wallets have recorded positive returns, while 84% of wallets demonstrate negative profit and loss (PnL) outcomes. These statistics

PANews, November 25 - The US stock market opened, with the Dow Jones rising 0.28%, the S&P 500 index falling 0.06%, and the Nasdaq down 0.39%. Google's parent company Alphabet rose 2%, following reports that Google is discussing a multi-billion dollar protocol with Meta, planning to supply customized AI chips to Meta's data centers starting in 2027. Nvidia (NVDA.O) fell 4%. Alibaba (BABA.N) rose 2%. Among blockchain concept stocks, Circle (CRCL) dropped about 5%, falling to $69, close to its opening price on the first day of listing.

Golden Finance reports that Valereum, an independent investment company based in the Cayman Islands, has announced it has secured $200 million in investment. The new funds will be used to support its establishment of a Digital Asset Treasury (DAT) and strategically accumulate and manage digital assets, as well as develop an AI-driven tokenization and royalty and streaming platform.

Golden Finance reported that the Bitcoin and Ether perpetual futures at the Singapore Exchange's derivatives trading exchange saw a combined trading volume of nearly 2000 contracts on their first day, with a notional trading value reaching approximately 35 million USD, and received support from eight clearing institutions, including: Bright Point International, Guotai Junan Futures, KGI Securities, Marex, Nanhua Singapore, Orient Futures, Phillip Nova, and StoneX.

PANews, November 25 news, according to the official announcement from the Wyoming Stable Token Commission, the U.S. Wyoming Stablecoin Committee has launched the Frontier Stable Token Testnet Faucet. Users can connect their wallets on the official website, select from 8 testnets, and receive up to 1000 tFRNT every 24 hours. tFRNT has no reserve support and is solely a testnet token for simulating mainnet contract testing, used for developer integration testing and Newbie experience of the FRNT mechanism. Currently, it supports testnets such as Arbitrum, Avalanche, Base, Ethereum, Hedera, Optimism, Polygon, and Solana, and related import instructions can be found on its FAQ page.

Odaily News The South African Reserve Bank warns: listing cryptocurrencies and stablecoins as new risks poses a significant threat to the national financial sector. (Jin10)

BlockBeats News, on November 25, Ukrainian President Zelensky stated that negotiations with the United States on a peace plan are still ongoing after reports indicated that Kyiv has agreed to potential terms for ending the conflict with Russia. After a phone call with German Chancellor Merz on Tuesday, Zelensky stated on social media platform: "Communication with the U.S. side is still ongoing, and I thank all Americans for their efforts, and I personally thank President Trump for his efforts." Previously, ABC News cited a U.S. official saying that Ukraine has agreed to a potential peace protocol, but some details are still pending organization. (Jin10)

On November 25, news came that the Investor Advisory Committee of the U.S. Securities and Exchange Commission (SEC) will hold a virtual public meeting on December 4, 2025, focusing on topics such as changes in corporate governance regulation and equity securities tokenization. The meeting will also explore potential recommendations regarding the disclosure of the impact of artificial intelligence on the operations of issuers. This meeting will begin at 10 AM Eastern Time and will be streamed live on the SEC's official website.

BlockBeats news, on November 25, Renaiss Protocol officially launched the "Da Vinci 3.0" card pack during its Closed Beta. The card pack contains Pokémon TCG cards that have been officially certified by PSA International Certification Authority and rated PSA 10, and it sold out in less than an hour and a half after listing. This card pack also included the M2 Mega Charizard valued at nearly a thousand dollars, becoming the focus of community attention and discussion. Following the 2.0 card pack, which went live on November 19 and sold out in three hours, Renaiss Protocol has set another rapid sell-out record during its closed testing period. The cumulative number of users in the first week of Renaiss's closed testing has surpassed 40,000. The trading market for the platform's cards continues to rise.

Odaily News According to CME's "Fed Watch": The probability of the Fed lowering interest rates by 25 basis points in December has risen to 84.7% (previously 81%), while the probability of maintaining the interest rate unchanged is 15.3%.

ChainCatcher news, according to Fortune, the encryption payment infrastructure company Paxos announced the acquisition of the New York encryption wallet startup Fordefi, with a transaction amount exceeding 100 million dollars. Fordefi focuses on Decentralized Finance.

Odaily News Paxos, a cryptocurrency payment infrastructure company, announced the acquisition of New York-based crypto wallet startup Fordefi, with a transaction amount exceeding 100 million USD. Fordefi focuses on providing cryptocurrency wallet solutions designed for Decentralized Finance (DeFi) and currently has around 40 employees, serving approximately 300 clients. (Fortune)

Odaily News dYdX announced on the X platform that the project management is considering implementing a one-month liquidation fee refund pilot program starting December 1, 2025. The proposal suggests a points-based reward system for traders who encounter liquidation, with a reported value of 1 million dollars in DYDX set for the refund.

Golden Finance reports that Alibaba's CEO stated that it is unlikely that an artificial intelligence bubble will emerge in the next three years.

BlockBeats news, on November 25, Spot gold continues to rebound, currently reported at 4141 USD/ounce, having erased all the fall following the announcement of progress in the Russia-Ukraine situation. Previously, U.S. officials stated that the Ukrainian delegation reached an agreement with the U.S. on the terms of a potential peace protocol, causing gold to weaken in response.

Odaily News According to on-chain analyst Ai Yi's monitoring, holders of MON TOP1 long positions on Hyperliquid have unrealized gains of $1.572 million. They opened a long order 21 hours ago and currently hold 163 million tokens (worth $6.28 million) at an entry price of $0.02878. In the past 50 minutes, with the rise in coin price, they have reduced position and taken profit on 8.04 million tokens, realizing a profit of $90,000. Just now, they placed a limit buy order of $1 million in the range of [0.033 - 0.034]; if the token price falls to a psychological price point, they will continue to be bullish.