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22:00

Argentina Congress Report: President Milei's involvement in the Libra Token case may constitute misconduct.

The Argentine House of Representatives investigation committee released a report accusing President Milei of providing key collaboration for the Libra project, resulting in a loss of $107 million. The report associates KIP Protocol, suggesting that the government is evading regulation. Milei denies the accusations and is currently undergoing a judicial investigation with the founder of Libra.
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KIP-1.91%
19:30

The US stock market staged a "big reversal," with investors questioning the momentum for the year-end rally.

According to ChainCatcher news, as reported by Jin10, NVIDIA (NVDA.O) released strong earnings results and confirmed that the economic foundation remains strong with the employment report, but the optimism in the US stock market failed to last. Traders pointed out that concerns over AI revenue and profits have resurfaced, and the fall of Crypto Assets to a low not seen since April has also affected the stock market. Chris Murphy, co-head of derivatives strategy at Susquehanna International, stated that investors are beginning to question the driving factors for year-end market movements, and CTA Positions remain fragile, which may trigger automatic Close Position mechanisms in quantitative funds, leading to additional dumping.
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19:11

Goolsbee: Concerned about December rate cuts, wary of "transitory inflation" risks

According to ChainCatcher news and Jin10 reports, the Fed's Goolsbee hinted that he is uneasy about the possibility of another rate cut at the December meeting. He stated that the decline in inflation "seems to be stalled" and warned that they might be heading in the wrong direction. An increasing number of policymakers are concerned about cutting rates too much while inflation remains high. The consumer price index rose by 3% in September, still above the Fed's 2% target. Goolsbee pointed out that despite the strong economy, there is unease about making significant cuts ahead of time.
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18:32

Analyst: Three factors support the S&P 500 index's year-end performance, expected to rise to 7000 points.

Scott Rubner, an analyst at Citadel Securities, stated that the adjustment of the S&P 500 index paves the way for a year-end Rebound, with expectations that it will rise to 7000 points before the end of the year, driven by retail investor demand, institutional re-increases the position, and strong performance from Nvidia. He noted that seasonal factors will also help the stock market pump.
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18:13

Goolsbee, the loss of independence of the Fed will cause pain in the market.

According to ChainCatcher news, Jin10 reported that Fed's Goolsbee stated that if the government could tell the central bank how to handle interest rate issues, Inflation would rise, and economic growth would slow down. He emphasized that the loss of independence by the Fed would be painful for him and the market.
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17:51

The Federal Reserve Board of Governors member Cook warns that the Central Bank should follow the systemic vulnerability of private credit risks.

The Federal Reserve Board of Governors Cook warns that the complexity of leveraged companies in the financial sector is increasing, and it is necessary to monitor the unexpected losses from private credit on the financial system, especially the vulnerabilities that may arise from the expansion of hedge funds in the Treasury market. Despite the challenges, the financial system remains resilient.
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16:36

Sign launches a sovereign Layer2Stack based on BNB Chain, supporting the construction of national stablecoins and infrastructure.

BlockBeats news, on November 21, sovereign digital infrastructure provider Sign announced the launch of the "Sign Sovereign Layer 2 Stack". This solution is built on the BNB Chain and opBNB Stack, aiming to assist governments in rapidly deploying secure, compliant national stablecoins and sovereign blockchain infrastructure within weeks. The Sign Sovereign Layer 2 Stack combines the high performance of opBNB with the liquidity of BNB Chain and features the following four core characteristics: Digitalization of national assets: Supporting the tokenization and on-chain management of real-world assets (RWA) such as government bonds, land registration, and natural resources; optimizing stablecoin solutions: providing no...
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BNB-2.03%
16:24

Whale Takes $11.64M Loss After 5-Year UNI Hold

Gate News bot message, A significant whale movement occurred as wallet 0x3136 transferred their entire holdings of 512,440 UNI tokens (worth $3.64M) to centralized exchanges. The whale had maintained this position since April 2021, when they initially withdrew the same amount from CEX at $29.83 per
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UNI-5.5%
16:19

The Federal Reserve Board of Governors member Cook: The possibility of a significant fall in asset prices has increased.

Odaily News The Federal Reserve Board of Governors member Cook stated that the possibility of a significant fall in asset prices has increased, but this does not pose a risk to the financial system. The U.S. financial system is resilient. The application of generative artificial intelligence in trading raises concerns but may also bring benefits, which must be followed with caution. Private credit currently does not pose a threat to financial stability, but it is worth close attention. (Jin10)
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15:36

The latest polls show that a majority of Americans have a negative view of the country's economy.

According to Jinse Finance, a recent poll reported by CCTV News shows that the American public is increasingly dissatisfied with Trump's economic policies, and overall economic sentiment has significantly worsened. In the survey, 76% of respondents believe that the economic situation in the United States is "poor," up from 67% in July. The majority of respondents indicated that living costs, including medical and housing expenses, continue to rise. Only 15% of respondents believe that Trump's economic policies have had a positive effect, while 46% believe these policies have worsened the economic situation.
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15:35

Securitize expands RWA coverage with Plume

PANews reported on November 20 that Plume, a modular Layer 2 blockchain centered around Real World Assets (RWA), announced on Wednesday that tokenization giant Securitize will expand its coverage in the global real world asset space by launching institutional-grade assets through Plume's Nest staking protocol. The asset launch plan will begin with related assets from Hamilton Lane and continue until 2026, aiming for a target capital scale of $100 million. As part of the deal, Bitcoin financial platform Solv plans to invest up to $10 million in Plume's RWA treasury, broadening Bitcoin-based yield products through regulated RWA exposure.
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PLUME-8.46%
BTC-3.44%
SOLV-2.48%
15:30

Slow Fog Cosine: GANA was stolen due to the leak of the Owner Private Key of the GANA Payment Stake contract.

Odaily News Slow Mist Yu Xian published an article on the X platform stating that the theft of GANA was caused by the leak of the Private Key of the GANA Payment Stake contract Owner. The subsequent attack employed some techniques, such as the use of 7702 deleGate, which also conveniently bypassed the onlyEOA check of unstake. By changing the relevant Rate and Fee, hundreds of stakes were achieved.
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15:12

Trump's eldest son's associated company Thumzup acquires DOGE and Litecoin mining company Dogehash

Odaily News Trump’s eldest son Donald Trump Jr. has invested in Thumzup Media Corporation, a social media company that holds a reserve of Crypto Assets, and announced the acquisition of the DOGE and Litecoin Mining company Dogehash. After the transaction is completed, Dogehash will become a wholly-owned subsidiary and will undergo a rebranding. In addition, Thumzup also disclosed that it held assets worth 52 million dollars as of the end of the third quarter. (PRNewswire)
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DOGE-1.71%
LTC-4.77%
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15:12

Gate announces full refunds for users participating in the BOB Web3 Launchpad and distribution of a random amount of GT airdrop.

PANews November 20 news, according to the official announcement, Gate will fully refund users participating in BOB Launchpad, and will distribute a random amount of GT Airdrop to all users who successfully participated in the first phase of Gate Web3 Launchpad. Users who complete KYC verification through Gate will automatically receive an Airdrop; users who complete KYC verification on the Web3 Launchpad homepage can submit their GT receiving address or Gate UID via the official form before November 27 at 00:00 (UTC+8). After users submit their information, Gate will complete the Airdrop distribution within 3 working days. Gate always prioritizes users and will continuously optimize the participation experience of the Web3 Launchpad to bring users more quality projects.
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BOB43.78%
GT-2.54%
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15:08

Bitwise XRP ETF will begin trading today on the NYSE.

Foresight News reports that Bitwise has announced that the Bitwise XRP ETF will begin trading today on the New York Stock Exchange (ticker: XRP). Investors can choose to invest in XRP indirectly through this fund. Foreside Fund Services,
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XRP-3.15%
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14:55

The three major U.S. stock indices opened higher, with Nvidia rising 5%.

Golden Finance reports that U.S. stocks opened collectively rising, with the Dow up 1.08%, the Nasdaq up 2.19%, and the S&P 500 index up 1.6%. Nvidia had a big pump of 5%, with Nvidia's third fiscal quarter revenue reaching $57 billion, a year-on-year rise of 62%; the fourth fiscal quarter revenue is expected to be around $65 billion, with market expectations at $62 billion. AMD rose nearly 4%, and AMD plans to build and operate AI infrastructure of up to 1 gigawatt (GW) in Saudi Arabia before 2030.
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14:44

Institutional analysts: The Fed's Beige Book may once again become a determining factor.

PANews, November 20 news, according to Jin10 reports, institutional analysts evaluate the U.S. September non-farm: assessing the Fed's likelihood of a rate cut in December is very difficult. The market pricing is once again close to a 50% probability, and the beige book may become a deciding factor again, as there will be no new CPI or employment reports before the December meeting. For long-term interest rates, if the Fed guides the market's focus on a rate cut in January during the meeting, then the rate cut in December becomes irrelevant. Therefore, in my view, all the concerns surrounding whether to cut rates in December only matter to short-term interest rate traders.
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14:24

Jay Hatfield: There will be four interest rate cuts after the new Fed chairman takes office next year.

According to ChainCatcher news, Jin10 reported that Infrastructure Capital analyst Jay Hatfield stated that the Fed is not expected to cut interest rates in December unless employment data is very weak. He noted that the team still expects the Fed to remain on hold in December and is confident about the gradual decline in inflation. He anticipates four rate cuts next year after the new Fed chair takes office, with the ten-year Treasury yield expected to remain around 4%, which is Favourable Information for the stock market.
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14:12

A certain ancient Bitcoin whale has deposited 850 BTC into Paxos again.

BlockBeats news, on November 20, according to monitoring by Emmett Gallic, a certain ancient Bitcoin whale has once again deposited 850 BTC (approximately 77.9 million USD) into Paxos, after previously depositing about 2,300 BTC (approximately 211 million USD) in the past two weeks. Notably, these Bitcoins originated from an address that Craig Wright falsely claimed belonged to him.
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BTC-3.44%
14:06

Crypto Assets lawyer Khurram Dara announces candidacy for New York State Attorney General

Odaily News Crypto Assets lawyer Khurram Dara announced his candidacy for New York State Attorney General, where he will compete against "anti-Crypto Assets" opponent Letitia James. Khurram Dara stated that his campaign will end the New York State Attorney General's office's crackdown on the Crypto Assets industry, curb regulatory overreach, and reestablish New York as a thriving hub of innovation. According to New York State's nomination rules, Letitia James needs to secure 25% of the votes at the Republican National Convention in February 2026 or gather enough petition signatures to ensure she qualifies for the primary election. (Cryptoinamerica)
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14:03

Bridgewater Associates founder: Bitcoin holdings account for about 1% of the investment portfolio.

BlockBeats news, on November 20, Bridgewater founder Ray Dalio stated, "I hold a small amount of Bitcoin, almost always have, about 1% of my portfolio. My view on Bitcoin has always been the same. I believe the problem with Bitcoin is that it will not become a reserve currency for major countries because it is traceable, and theoretically, it could be controlled by Quantum Computing, attacked by hackers, and risks like that."
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BTC-3.44%
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