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Power restructuring in probability games.
160 transactions raised $7.2 billions, marking the highest total since the spring surge.
ETF inflows dry up and digital asset trusts unwind as traders lose conviction; analysts say Bitcoin could revive sentiment with one strong breakout.
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JPMorgan CEO Jamie Dimon says crypto is real and will improve transactions, marking a big shift from his earlier skepticism.Jamie Dimon: From Critic to Crypto Convert?Mainstream Finance Warming Up to CryptoWhy This Matters for the Industry
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- 17:56Data: 7.5557 million TRX transferred out from a certain exchange, worth approximately $2.2359 millionAccording to ChainCatcher, Arkham data shows that at 01:39, 7.5557 million TRX (worth approximately $2.2359 million) were transferred from an exchange to FarFuture.
- 17:47Interest rate derivatives contracts indicate less than a 50% chance of a Fed rate cut in DecemberJinse Finance reported that federal funds futures and overnight index swap (OIS) contracts linked to the Federal Reserve's December 9-10 meeting indicate that the probability of a 25 basis point rate cut is slightly below 50%.
- 17:47Analyst: The impact of this US government shutdown on the economy exceeds that of the 2018-19 shutdownJinse Finance reported that a brief analysis by Anderson Economic Group LLC indicated that the economic impact of the current longest U.S. government shutdown in history will significantly exceed that of the 2018-2019 shutdown. Its full effects have yet to be fully revealed. The company's principal and CEO, Patrick Anderson, stated: "We won't see official government statistics for at least a month, but the private sector information we currently have shows that the impact of the 2025 shutdown is more severe than the last shutdown that ended in January 2019." The company pointed out that both beer and automobile sales declined in October. Automobile sales fell by 4% compared to September, while beer sales dropped by 6%. Anderson added, "When beer sales go down, you know things are not looking good."