BlockBeats news, on November 17, next year the Fed will welcome the annual rotation of four regional Fed presidents. Out of the 12 regional Fed presidents, five have voting rights each year—four of which rotate annually, while the New York Fed has permanent voting rights. In 2026, the presidents of the Cleveland, Dallas, Philadelphia, and Minneapolis Feds will become voting members, while the presidents of the Kansas City, Chicago, Boston, and St. Louis Feds will rotate out. Currently, all four regional Fed presidents with voting rights lean towards a hawkish stance. Boston Fed President Collins stated this week that although she supported the interest rate cut at the last meeting, the threshold for further rate cuts is "relatively high," and maintaining the interest rate at the current level for "some time" may be appropriate. St. Louis Fed President Musalem expressed support for the interest rate cut at the last meeting last week, but emphasized that subsequent actions "need to be cautious, as it should not lead to an excessively loose monetary policy.

CICC predicts that the gold bull run is not over. Historical data shows that its rise and duration are still lower than in the 1970s and 2000s. Considering macro uncertainty and the potential decline of the dollar, gold prices are expected to break through $5,000 per ounce next year. Investors are advised to maintain an overweight position in gold and adopt strategies of increasing allocation on dips and Auto-Invest.

According to ChainCatcher news and Jin10 reports, the Financial Services Agency of Japan is considering regulations that would define crypto assets as financial products subject to insider trading rules and lower their profit tax rate to 20%. These regulations will apply to the 105 crypto assets currently circulating in Japan, such as Bitcoin and Ethereum, and will require exchange service providers to disclose information about price fluctuation risks. The Financial Services Agency hopes to pass the related legislation during the regular National Diet session next year.

U.S. Treasury Secretary Becerra stated that the "dividend" of $2,000 in tariff subsidies proposed by Trump for citizens requires congressional approval. He expects increased economic pressure on households next year but predicts a slowdown in inflation in the first half of 2026 and a rise in real income.

Next week, multiple tokens will undergo significant unlocking, including LayerZero (ZRO), YZY, ZKsync, and others. The unlocked quantities and values are as follows: ZRO will unlock 25.71 million tokens ($38.3 million), YZY will unlock 37.5 million tokens ($14.1 million), ZKsync will unlock 173 million tokens ($9 million), KAI will unlock 8.35 million tokens ($6.4 million), and ApeCoin will unlock 15.6 million tokens ($5.5 million).

According to ChainCatcher news and Jin10 reports, the minutes of the Fed's October policy meeting will be released at midnight next Thursday Beijing time, increasing investors' uncertainty about the path of U.S. interest rates. Last month, the Fed lowered the benchmark interest rate to a range of 3.75% - 4%, but Powell's statement that "further rate cuts by the end of the year are not a foregone conclusion" has reshaped market expectations. Boston Fed President Collins has questioned the possibility of a rate cut next month, emphasizing that "the threshold for implementing additional easing in the near term is relatively high." Data shortages will become a major obstacle to the Fed's decision-making.

WisdomTree's Head of Digital Assets Will Peck expects that an ETF holding a diversified portfolio of Crypto Assets will fill a market gap and become a new wave of investment. This portfolio can drop the risk of individual Tokens, making it easier for new investors to enter the field of encryption.

Golden Finance reports that Michael Saylor stated that Strategy will announce its next round of Bitcoin purchases on Monday morning, and said, "People will be surprised." He also added, "We have been speeding up the procurement process."

Gate News bot message, according to Gate's latest announcement: Gate will launch the Datagram Network (DGRAM) spot trading, while also starting the 321st HODLer Airdrop event. This airdrop will distribute 6 million DGRAM tokens to users holding GT. Trading will begin on November 18, 2025, at 18:00 ( UTC+8, with the trading pair being DGRAM/USDT. Datagram Network is a decentralized data infrastructure protocol aimed at supporting the next generation of decentralized personal infrastructure networks. The project uses the BEP-20 token standard, with a total supply of 10 billion DGRAM, and the contract address is 0x49c6c91ec839a581de2b882e868494215250ee59. The project is supported by partners in the fields of artificial intelligence, energy, and decentralized systems, with main functionalities including tracking uptime, routing data, and verifying real-world activities on-chain, with plans to expand to hundreds of millions of devices and data sources globally.

Foresight News reports that the privacy security computing network Nillion will gradually migrate to Ethereum. The official stated that it will first migrate the treasury and NIL Token from NilChain to the Ethereum Mainnet, adopting a new ERC-20 token contract. In February 2026, the team will launch a cross-chain channel to the Ethereum Mainnet, allowing users to migrate NIL tokens from the Cosmos network to Ethereum and participate in activities directly within the Ethereum ecosystem. Additionally, next year, the team will deploy the Nillion L2 layer on Ethereum based on native smart contracts and network tools, enabling staking functionality, on-chain coordination mechanisms, and seamless integration with Nillion's private computing and storage layer through the existing wallets and infrastructure of developers.

Golden Finance reported that Stephen Innes, managing partner of SPI Asset Management, stated that important data will be released after the U.S. government reopens. The market's expectation of a slowdown may lower U.S. Treasury yields, aiding a rebound in gold. The recent pullback in gold prices is seen as a position adjustment, and the outlook for gold remains optimistic. Investors are focused on real yields, the dollar's movement, and economic data.

On November 13, the first single Token XRP Spot ETF in the U.S. - Canary XRP ETF was listed on Nasdaq. The trading volume on the first day was 59.22 million USD, with a net inflow of zero; the next day, the net inflow was 243 million USD, with a total net asset value reaching 248 million USD.

Luffa has upgraded to a "next-generation creator and fan economy operating system," with registered users surpassing 1 million and application downloads exceeding 2 million. New features include live streaming, short videos, and more, aimed at enabling direct interaction between creators and fans through Blockchain technology, building a new economic paradigm.

According to Jinse Finance, Raphael Bostic, president of the Atlanta Federal Reserve Bank, hinted that while he supports the recent two rate cuts, he has not yet decided whether to approve another rate cut next month. Bostic stated at an event in Seattle on Friday: "I can accept the first two rate cuts, as for the next one, we will have to wait and see. I want to judge what kind of policy is most appropriate based on the data." Federal Reserve officials currently have serious disagreements on whether to continue cutting rates next month. So far this year, the Fed has cut rates by a total of 50 basis points. According to futures market pricing, investors currently believe that the probability of a 25 basis point cut at the December 9-10 meeting is slightly below 50%. Bostic pointed out that the current situation is challenging, as "we are not making progress towards our goals in either aspect of our dual mandate (i.e., employment and inflation)." Earlier this week, he stated that inflation remains a "more clear and pressing risk" in the economy.

Golden Finance reports that Musk stated that GROK 5 is expected to launch in the first quarter of next year.

According to ChainCatcher news and Jin10 reports, Barclays strategists expect the Fed to start purchasing treasury bills in February next year, after several key Fed officials hinted at expanding the balance sheet. Barclays strategist Samuel Earl stated, "Given the market's focus on repo rates, the Fed is in risk management mode, and preemptively starting asset purchases seems to be the most likely outcome."

PANews, November 15 - According to Decrypt, Nevin Shetty, the former CFO of a software company in Washington State, was found guilty by a federal jury on four counts of telecommunications fraud for unlawfully transferring $35 million of company funds into his self-built encryption platform and investing in high-risk Decentralized Finance protocols. Shetty secretly moved company funds after learning he would be fired in 2022, initially making a profit of about $133,000, but his investments nearly dropped to zero after the Terra ecosystem collapsed in May 2022. He later admitted to his actions and was terminated by the company. Shetty is scheduled to be sentenced in February next year and could face up to 20 years in prison.

MicroStrategy's Bitcoin Holdings reportedly decreased from 484,000 to 437,000, a reduction of about 47,000 coins. Michael Saylor responded that this rumor is not true and stated that the company will continue to purchase Bitcoin, planning to announce the latest acquisition status next Monday.

According to Bloomberg analysts, the SEC received over 900 registration filings during the government shutdown and is accelerating the processing. Registration statements without a delay of effectiveness clause can automatically take effect after 20 days, which may prompt some encryption ETF issuers to expedite their listings, with Bitwise's XRP ETF possibly becoming the next batch of candidates.

Bitcoin broke below $100,000 amidst deteriorating macro sentiment, falling to a low of $98,000 and re-entering a Bear Market. The adjustment was triggered by weakened expectations of Fed interest rate cuts and a dumping of tech stocks. Analysts believe that if it falls below $80,000-$85,000, the risk of further decline increases, and it is advised to flexibly allocate across multiple markets using USDT.

Odaily News Mai Tong MSX founder Bruce posted on the X platform, "The previous generation Bitcoin Mining Rig S19 and M60 series have finally reached the shutdown price. If we don't shut them down, next month's electricity bill will lead to losses."

According to BlockBeats news on November 14, summarizing Christine Kim's report on the 169th Ethereum Consensus Layer Core Developer Conference (ACDC), the meeting mainly discussed: changes to FOCIL (which was originally considered for inclusion in the Glamsterdam upgrade, but developers are more optimistic about reliable implementation in the Heka upgrade; if achieved, there is stronger industry support for including FOCIL Consensus in Heka. Currently, discussions on the inclusion arrangements will begin before the formal start of the Heka upgrade scope, and plans are to discuss it at the next ACDC in two weeks.

According to ChainCatcher news and Jin10 reports, Fed's Mousalem expects economic weakness in the fourth quarter, with a rebound expected in the first quarter of next year, reaching or exceeding potential levels.

BlockBeats news, on November 14, Fed's Hamak stated that the employment aspect of the Fed's responsibilities faces challenges as the job market softens. According to sources, inflation is too high and is moving in the wrong direction. The current unemployment rate is close to its highest level. This is a difficult time for monetary policy. Some inflation may be driven by tariffs, but service inflation is indeed concerning. The Fed's policy needs to maintain a certain degree of tightening to drop inflationary pressures. Tariffs are expected to raise the inflation rate before the beginning of next year. (Jin10)

JPMorgan analysts pointed out that the support price for Bitcoin is around $94,000, and the current downside is limited. At the same time, the analyst team predicts that Bitcoin may pump to around $170,000 within the next 6-12 months.

According to Foresight News and reported by CoinDesk, the Czech National Bank (CNB) has announced the creation of a $1 million Crypto Assets test investment portfolio, which includes Bitcoin (BTC), dollar stablecoins, and tokenized deposits. The pilot project aims to test the processes related to the purchasing, holding, and managing of Blockchain-based assets, and the bank plans to share its experiences in the next 2-3 years. The bank stated that the total investment amount will not be actively increased, and this acquisition does not utilize the bank's existing International Reserve.

According to Golden Finance, the Wall Street Journal reported that the artificial intelligence startup Cursor (which helps engineers write code) raised $2.3 billion in a new funding round, bringing the company’s valuation to $29.3 billion. Cursor can analyze programmers' actions and suggest the next few lines of code. It also provides a chatbot where users can ask questions related to code. This valuation is remarkable for a startup that was valued at less than $10 billion just a few months ago, highlighting investors' sustained and strong interest in all things AI-related. Advances in generative AI have driven valuations of a whole generation of coding companies utilizing this technology, such as Replit, Sweden's Lovable, and Cognition. However, the challenge they face, like many AI products, is cost. AI coding companies must pay to build or access AI models to support their applications.

Odaily News According to a report by BitcoinMagazine, Alderney is exploring plans to use renewable energy for Bitcoin mining, which is expected to become the next "Bitcoin Island."

Goldman Sachs predicts that due to the U.S. government shutdown, the macro data originally scheduled for release tonight will be delayed. The new data is expected to show a slowdown in the labor market, inflation still above the Fed's target, and moderate economic growth.

According to ChainCatcher news, Jin10 reported that Fed official Collins stated on Wednesday that due to concerns about high inflation, she believes the threshold for further easing of monetary policy is "relatively high" in the near term. Previously, Collins voted in favor of the Fed's two rate cuts this year. Karim Basta, chief economist at III Capital Management, pointed out that Collins' statement is significant, and the next action may occur in January next year rather than December, to give them more time to observe the data.

According to Jinse Finance and Unfolded, the Chicago Mercantile Exchange Group (CME Group) and FanDuel will launch the FanDuel Predicts prediction market platform in the United States next month.

The Monetary Authority of Singapore plans to promote a secure tokenization financial ecosystem, launching a pilot for tokenized note issuance next year and developing regulatory legislation for stablecoins. The director stated that asset-backed tokens have not yet reached a mature stage, while also supporting the exploration of tokenized bank liabilities and stablecoin settlement projects.

ChainCatcher 消息，据金十报道，美联储博斯蒂克宣布，他计划在明年二月他的当前任期结束时退休。博斯蒂克于 2017 年开始担任亚特兰大联储主席，是首位领导地区联储银行的非裔美国人。他今年一直关注通胀风险，敦促同事们在降低利率时保持谨慎，并警惕关税的潜在影响。虽然他没有对货币政策决定进行投票，但支持美联储在九月和十月的两次降息。

Odaily Planet Daily reports that the Atlanta Federal Reserve announced that its chairman, Bostick, plans to retire when his term ends on February 28 next year. Cheryl Venable will serve as acting chair. (Jinshi)

ChainCatcher News: American mining hardware manufacturer Auradine will release the next-generation Teraflux Bitcoin mining equipment in 2025, with an energy efficiency as low as 9.8 Joules per terahash (J/TH), approaching industry-leading levels. The new series includes air-cooled, water-cooled, and immersion-cooled models, with the water-cooled version reaching a hash rate of 900 TH/s. Auradine emphasizes the advantages of its design and manufacturing being based in the United States, reducing reliance on overseas supply chains. The company has secured over $300 million in funding and plans to deliver prototypes in Q2 2026, with mass shipments in Q3, while also upgrading its

Dutch International Group analyst Chris Turner stated that the Federal Reserve is expected to further cut interest rates by 75 basis points, which could lead to a decline in the US dollar due to reduced hedging costs, increasing investors' hedging ratio on dollar assets. The euro is expected to rise to 1.22 by 2026.

BlockBeats News, November 12th, Morgan Stanley released a stock price analysis for Tesla over the next 6-12 months, stating that besides Elon Musk's $1 trillion compensation plan, several factors will influence Tesla's stock price in the coming year: - xAI Association: Tesla's relationship with Musk's AI startup xAI is crucial both financially and strategically, as they share data and software synergy; - Full Self-Driving (FSD): Musk claims that version 14.3 will allow drivers to "send texts while driving," marking a significant milestone in algorithmic driving; - Chip Manufacturing: Musk hinted that Tesla might build its own chip factory to ensure AI supply and strengthen vertical integration; - AI Network Vision: Tesla could convert idle vehicles into a distributed AI cloud, forming a massive "cluster" intelligent network. Morgan Stanley states

PANews November 12 News, according to U.S. media reports, Yann LeCun, a French-American scientist known as one of the "Godfathers of AI," will leave Meta after working there for 12 years to start his own AI company. LeCun has long been known for his critical perspective, considering the current industry hype around large language models (LLMs) as an "irrational obsession." He pointed out that the true path to surpassing human intelligence is not through chatbots, but through "world models"—AI systems capable of learning about the real world through video, spatial, and sensor data. LeCun emphasized that this kind of cognition training based on the physical world is key to artificial general intelligence (AGI). This view is also supported by former Stanford professor and "AI godmother" Fei-Fei Li, who believes that the next frontier of AI is "spatial intelligence." She argues that LLMs "are eloquent but lack experience," making it difficult for them to truly understand the world.

Goldman Sachs strategists expect US stocks to perform poorly over the next decade, with an annual return of only 6.5%, highlighting the need to focus on emerging markets and global markets. Analysis indicates that emerging markets could yield returns of 10.9%, with growth in China and India driving the gains.

JPYC is Japan's first officially licensed Japanese Yen stablecoin issuer, planning to invest 80% of its issuance revenue into government bonds to fill the gap caused by the Bank of Japan slowing down bond purchases. Currently, the issuance volume is approximately $930,000, with a target of reaching $66 billion in the next three years.

Gold Ten Data, November 12 — According to U.S. media reports, U.S. President Donald Trump has written to Israeli President Isaac Herzog, urging him to exercise his legal pardon authority for Prime Minister Benjamin Netanyahu, who faces charges of bribery, fraud, and breach of trust. Although Trump previously called for Netanyahu’s pardon, including during a speech to the Israeli Knesset last month, this is the first known letter he has sent to Herzog on this matter. Retired Israeli law professor Frances Raday (who has litigated before the Israeli Supreme Court) stated, “This shows great disrespect for the Israeli judicial system.” Netanyahu, the country’s longest-serving leader, is expected to call elections next year. According to Israeli law, if a prime minister is convicted of crimes involving “moral turpitude” and all appeals are exhausted, his term will automatically end. The government will then become a caretaker government until a new government is sworn in.

Japanese Foreign Minister Toshimitsu Motegi and UK Foreign Secretary James Cleverly held their first talks on the 11th. Both sides agreed to strengthen economic security cooperation, emphasized the importance of the rule of law and free trade, and discussed topics such as the joint development of next-generation fighter jets among Japan, the UK, and Italy.

PANews November 12th News, Sonic Labs CEO Mitchell Demeter shared the project's next phase plans on the X platform. Demeter stated that Sonic currently has sufficient funding, with no liquidity concerns, and possesses the resources needed to execute long-term plans. In this development phase, Sonic will be driven by practical use cases, clear economic benefits, and continuous delivery of results, rather than speculative activities. Additionally, Sonic plans to improve its tokenomics to achieve deflation and intends to introduce a new layered fee monetization (FeeM) structure, with reward levels ranging from 15% to 90%. Of this, 10% will be allocated to validators, while the remaining portion will be burned. This initiative aims to reward actual usage and network activity while promoting deflation. Sonic is also advancing plans to establish an office in New York City to

Jin10 Data, November 12th — On November 11th local time, it was reported that the Trump administration has officially determined that the current funding source of the Consumer Financial Protection Bureau is illegal. This move means that the agency will shut down after exhausting its existing funds in the coming months. Court documents disclosed on the evening of the 10th revealed this decision. The documents show that the Trump administration has concluded that laws prohibit the Consumer Financial Protection Bureau from seeking additional funds from the Federal Reserve, which is the agency’s usual funding source. In the submitted documents, the Consumer Financial Protection Bureau stated that its funds could last at least until the end of this year, but it is "expected to run out of existing funds in early 2026." Unless Congress passes a new appropriations bill, the Consumer Financial Protection Bureau will face a funding shortfall starting next year, potentially preventing it from carrying out necessary activities.