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[NFT sales fell to $320 million in November, the lowest level since September 24 years.]```

NFT sales fell to $320 million in November, the lowest level since September 24 years.

U.S. President Trump posted on social media, "It is precisely because of the convenience and rapid implementation of tariffs that our national security has been greatly enhanced, and we have become the strongest financial power in the world today. Only those dark and evil forces wish to see all this end!" He stated, "The greatest historic threat to U.S. national security will be an unfavorable ruling by the U.S. Supreme Court on the tariff issue. At that time, we will have no economic defense."

[Trump fiercely defends tariff policy: Overturning tariffs by the Supreme Court would be a "historic threat" to the US.]U.S. President Trump posted on social media, "It is precisely because of the convenience and rapid implementation of tariffs that our national security has been greatly enhanced, and we have become the strongest financial power in the world today. Only those dark and evil forces wish to see all this end!" He stated, "The greatest historic threat to U.S. national security will be an unfavorable ruling by the U.S. Supreme Court on the tariff issue. At that time, we will have no economic defense."

Trump fiercely defends tariff policy: Overturning tariffs by the Supreme Court would be a "historic threat" to the US.

&nbsp;market pricing shows the probability of the Federal Reserve cutting interest rates by 25 basis points on Wednesday is close to 90%. Analysts at BNY Mellon stated that investors should pay attention to guidance arising from voting divergences and pointed out that there may be disagreements within the committee regarding the expected magnitude of the rate cut. In addition, the Federal Reserve will release a new interest rate path forecast (the dot plot) as part of the quarterly Economic Projections Summary. Analysts added that the Federal Reserve may announce readiness to provide liquidity support to the funding markets at the end of the year and into 2026.&nbsp;

[Markets widely expect a Federal Reserve rate cut; voting disagreements and the dot plot become key factors.]&nbsp;market pricing shows the probability of the Federal Reserve cutting interest rates by 25 basis points on Wednesday is close to 90%. Analysts at BNY Mellon stated that investors should pay attention to guidance arising from voting divergences and pointed out that there may be disagreements within the committee regarding the expected magnitude of the rate cut. In addition, the Federal Reserve will release a new interest rate path forecast (the dot plot) as part of the quarterly Economic Projections Summary. Analysts added that the Federal Reserve may announce readiness to provide liquidity support to the funding markets at the end of the year and into 2026.&nbsp;

Markets widely expect a Federal Reserve rate cut; voting disagreements and the dot plot become key factors.

according to official news from GMGN.Ai, GMGN.Ai announces a series of product updates, new features include:

[GMGN Feature Update: Custom charts for tracking wallet holdings, leaderboard upgrades, and the addition of a chain sweep indicator.]according to official news from GMGN.Ai, GMGN.Ai announces a series of product updates, new features include:

GMGN Feature Update: Custom charts for tracking wallet holdings, leaderboard upgrades, and the addition of a chain sweep indicator.

&nbsp;the Hong Kong Special Administrative Region Government is conducting a public consultation on the implementation of the crypto asset reporting framework and amendments related to the Common Reporting Standard. Financial Services and the Treasury Bureau Secretary Christopher Hui stated that to demonstrate Hong Kong's commitment to promoting international tax cooperation and combating cross-border tax evasion, fulfilling international obligations, we will amend the Inland Revenue Ordinance (Chapter 112) (the "Ordinance") to implement the reporting framework and the newly revised Common Reporting Standard. This measure is also crucial to maintaining Hong Kong’s reputation as an international financial and business center. The government plans to complete the necessary local legislative amendments within next year, aiming to automatically exchange tax information related to crypto asset transactions with relevant partner tax jurisdictions starting from 2028, and to implement the newly revised Common Reporting Standard from 2029. Hong Kong will automatically exchange tax information with suitable partners on a reciprocal basis, where partners must meet standards related to the protection of confidentiality and security of information. (Jin10)

[Hong Kong: Plans to automatically exchange tax information related to crypto asset transactions with relevant partner tax jurisdictions starting in 2028.]&nbsp;the Hong Kong Special Administrative Region Government is conducting a public consultation on the implementation of the crypto asset reporting framework and amendments related to the Common Reporting Standard. Financial Services and the Treasury Bureau Secretary Christopher Hui stated that to demonstrate Hong Kong's commitment to promoting international tax cooperation and combating cross-border tax evasion, fulfilling international obligations, we will amend the Inland Revenue Ordinance (Chapter 112) (the "Ordinance") to implement the reporting framework and the newly revised Common Reporting Standard. This measure is also crucial to maintaining Hong Kong’s reputation as an international financial and business center. The government plans to complete the necessary local legislative amendments within next year, aiming to automatically exchange tax information related to crypto asset transactions with relevant partner tax jurisdictions starting from 2028, and to implement the newly revised Common Reporting Standard from 2029. Hong Kong will automatically exchange tax information with suitable partners on a reciprocal basis, where partners must meet standards related to the protection of confidentiality and security of information. (Jin10)

Hong Kong: Plans to automatically exchange tax information related to crypto asset transactions with relevant partner tax jurisdictions starting in 2028.

according to Ethereum community member Joseph Young's post on the X platform, in the past three months, Ethereum ranked first among public blockchains in net stablecoin inflows, with about 12.5 billion USD worth of stablecoins flowing into the Ethereum network.

[Ethereum network saw a net inflow of $12.5 billion in stablecoins over the past three months.]according to Ethereum community member Joseph Young's post on the X platform, in the past three months, Ethereum ranked first among public blockchains in net stablecoin inflows, with about 12.5 billion USD worth of stablecoins flowing into the Ethereum network.

Ethereum network saw a net inflow of $12.5 billion in stablecoins over the past three months.

2025 is a rollercoaster year for Bitcoin, the world's largest cryptocurrency, with consecutive all-time highs followed by intense sell-offs. It may now end the year with its first annual decline since 2022, for the following reasons:

[Analysis: Bitcoin's rollercoaster ride in 2025 may end at a low point.]2025 is a rollercoaster year for Bitcoin, the world's largest cryptocurrency, with consecutive all-time highs followed by intense sell-offs. It may now end the year with its first annual decline since 2022, for the following reasons:

Analysis: Bitcoin's rollercoaster ride in 2025 may end at a low point.

Barclays expects the Federal Reserve to cut interest rates by 25 basis points to a range of 3.5%-3.75% at this week's monetary policy meeting, and the post-meeting statement may include hawkish wording, suggesting a pause in rate cuts in January next year. The bank maintains its forecast of two 25 basis point rate cuts in March and June next year, believes the new economic forecast summary may show little change in economic projections, and the dot plot will reflect one rate cut of 25 basis points each in 2026 and 2027, with the median long-term rate forecast expected to remain at 3%.&nbsp;

[Barclays: The Fed is expected to cut rates by 25 basis points this week, and two more cuts next year.]Barclays expects the Federal Reserve to cut interest rates by 25 basis points to a range of 3.5%-3.75% at this week's monetary policy meeting, and the post-meeting statement may include hawkish wording, suggesting a pause in rate cuts in January next year. The bank maintains its forecast of two 25 basis point rate cuts in March and June next year, believes the new economic forecast summary may show little change in economic projections, and the dot plot will reflect one rate cut of 25 basis points each in 2026 and 2027, with the median long-term rate forecast expected to remain at 3%.&nbsp;

Barclays: The Fed is expected to cut rates by 25 basis points this week, and two more cuts next year.

according to CoinDesk, the Zcash core development team ShieldedLabs has released a detailed proposal for a dynamic fee market aimed at addressing network congestion and rising transaction costs. The proposal suggests adopting a dynamic pricing mechanism based on the median fee of the previous 50 blocks and opening priority channels during high demand periods.

[Zcash has proposed a dynamic fee mechanism aimed at addressing network congestion and rising transaction costs.]according to CoinDesk, the Zcash core development team ShieldedLabs has released a detailed proposal for a dynamic fee market aimed at addressing network congestion and rising transaction costs. The proposal suggests adopting a dynamic pricing mechanism based on the median fee of the previous 50 blocks and opening priority channels during high demand periods.

Zcash has proposed a dynamic fee mechanism aimed at addressing network congestion and rising transaction costs.

Twiter founder Jack Dorsey encouraged the laid-off Twitter employees on his personal Twitter account, saying he believed they could find a way to get through the difficulties, and said that the company's rapid growth was the reason for the layoffs. He apologizes for that.

Detail

【Jack Dorsey responds to Twitter layoffs: Company grows too fast, responsible for it】Twiter founder Jack Dorsey encouraged the laid-off Twitter employees on his personal Twitter account, saying he believed they could find a way to get through the difficulties, and said that the company's rapid growth was the reason for the layoffs. He apologizes for that.

Jack Dorsey responds to Twitter layoffs: Company grows too fast, responsible for it

XRP Ledger Explodes As Activity Experiences One of Its Strongest Growth Waves Yet

Stablecoin Laws ‘Coming This Month,’ FDIC Acting Chair Reveals

Ripple Reveals How It’s Hijacking A $16 Trillion Industry Using The XRP Ledger

Crypto Gains Strong Legal Protection in the UK as Lawmakers Finalize Digital Asset Property Rules

Crypto-To-Politics Donation Pipeline Under Threat As UK Mulls Ban

Jack Dorsey responds to Twitter layoffs: Company grows too fast, responsible for it

Clause de non-responsabilité：Le contenu ci-dessus ne représente pas les positions de HTX.，HTX ne fournit pas de recommandations de trading.。

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