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Wall Street financing costs are rising, highlighting signs of liquidity tightening. Although the Federal Reserve will stop quantitative tightening in December, institutions believe this is not enough and are calling on the Fed to resume bond purchases or increase short-term lending to ease the pressure.
As the yen exchange rate hits a nine-month low, investors are pulling back from long positions. With a 300 basis point interest rate differential between the US and Japan, carry trades are dominating the market, putting the yen at further risk of depreciation.
U.S. sanctions have dealt a heavy blow to Russia’s oil giants, and the IEA says this could have the most profound impact on the global oil market so far. Although Russian oil exports have not yet seen a significant decline, supply chain risks are spreading across borders.
Uniswap's new proposal reduces LP earnings, while Aero integrates LPs into the entire protocol's cash flow.
The future of Hyperliquid lies in HIP-3, and the foundation of HIP-3 is HyperStone.
Asset issuance in the crypto industry is entering a new era of compliance.
- 17:14IMF: US Q4 GDP Growth Will Slow Due to Government ShutdownJinse Finance reported that a spokesperson for the International Monetary Fund (IMF) stated that the IMF has detected signs of weakness in the U.S. economy. Partly affected by the government "shutdown," the U.S. GDP growth rate in the fourth quarter is expected to be lower than the previously forecasted 1.9% by the IMF. However, due to a lack of data caused by the "shutdown," the IMF's ability to assess the performance of the U.S. economy has been impacted.
- 17:14ZK Nation has launched a proposal vote to "upgrade the ZK token contract and introduce a permissionless burn function"On November 14, it was reported that ZK Nation has launched a proposal vote on "upgrading the ZK token contract and introducing a permissionless burn function." The proposal suggests upgrading the ZK token contract to ZKTokenV3, which is a minimal extension based on ZKTokenV2. The new features include: public burn (any token holder can permanently burn their own tokens); addresses with the BURNER_ROLE can burn tokens from specified accounts; any program is allowed to read the maximum supply of 21 billion ZK in the contract, and this cap will be strictly enforced when minting new tokens. This upgrade lays the foundation for the vision of ZKnomics, enabling supply management through programmable token burning.
- 17:14Federal Reserve official Kashkari: Inflation remains too high and employment is under pressureJinse Finance reported that Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, stated that "inflation remains too high, currently around 3%." In his opening remarks at a Minneapolis Fed conference on Thursday, Kashkari said, "Certain sectors of the U.S. economy are performing well, but some areas of the labor market are under pressure."