Market Performance
| Asset / Index | Value ($) | Daily Change (%) |
|---|---|---|
| Bitcoin (BTC) | 93,041.0 | +1.82% |
| Ethereum (ETH) | 3,060.02 | +2.11% |
| Bitcoin Spot ETF | +59.18M | Net Inflow |
| Ethereum Spot ETF | -9.90M | Net Outflow |
| Nasdaq (NAS100) | 25,608.0 | +0.21% |
| S&P 500 (SPX) | 6,829.38 | +0.25% |
| Russell 2000 (RUT) | 2,474.8 | +0.19% |
| U.S. Dollar Index (DXY) | 98.830 | -0.11% |
| VIX Volatility Index | 16.59 | -3.77% |
| U.S. 10-Year Yield | 4.08649 | -0.21% |
| Brent Crude Oil (BRENT) | 63.228 | +0.53% |
| LBMA Gold (XAU) | 4,205.63 | 0.00% |
| LBMA Silver (XAG) | 57.877 | -0.82% |
“Prepared at UTC 07.52 am”
Today’s Key Events
- US November ADP Employment Change
- US November ISM Services PMI
- US November Services PMI Final
- Eurozone November PPI
- ECB President Lagarde’s Speech
- French President Macron visits China
- Ethereum (ETH) Hard Fork Fusaka
Trump Points to Kevin Hassett as Possible New Fed Chair
Trump indicated that he would announce the new Fed Chair in early 2026, highlighting Hassett as a strong candidate. At a White House meeting, he gave a clear signal to Hassett, saying, “I think the potential Fed Chair is here.” The campaign team’s cancellation of interviews with other candidates indicates that Hassett, who meets the criteria of loyalty and market credibility, has taken the lead. However, it is noted that Trump may still change his mind and is continuing to evaluate some names.
Russia–Ukraine Peace Talks End Without Results
Approximately five hours of talks between Putin and Trump’s special envoy Witkoff failed to reach an agreement on ending the war. The US delegation presented its proposals but could not find common ground on territorial issues. While both sides stated that contacts would continue, it was noted that more work was needed to reach a solution, despite some progress. Putin said he would not accept changes to Europe’s peace plan and that they were prepared for conflict if necessary.
Japan Sets New Record for 30-Year Bond Yields
Japan’s 30-year government bond yield rose 5 basis points to a record high of 3.425%. The 40-year bond yield also rose to 3.735%, showing a similar movement. The increase in long-term yields signals growing expectations of policy normalization by the BOJ.
Michael Saylor: We Hold $60 Billion in Bitcoin with Low Leverage
Saylor said the company has approximately $60 billion in Bitcoin reserves and $8 billion in debt, which represents a low leverage ratio. He explained that the company pays $800 million in dividends annually and that the newly created $1.44 billion fund was established to support these payments. CEO Phong Le also noted that lending some tokens is being considered.
SEC Halts High-Leveraged ETF Approvals Due to Excessive Risk Concerns
The SEC sent warnings to several ETF providers, including Direxion, ProShares, and Tidal, halting the review of highly leveraged products. The regulatory agency stated that these funds’ risk exposure could exceed acceptable limits. The decision effectively blocked the launch of products targeting 2x and 3x daily returns.
Former SEC Chairman Gensler: All Cryptocurrencies Except Bitcoin Are High Risk
Gensler stated that all crypto assets other than Bitcoin are high risk and speculative, saying that most tokens have no fundamental basis. He expressed that he views Bitcoin as closer to a commodity from a regulatory perspective. He also emphasized that the integration of crypto assets with traditional financial infrastructure following ETFs represents an “inevitable trend toward centralization.”
UK Recognizes Digital Assets as a New Property Category
The UK Parliament has passed a bill defining digital assets as a new category of personal property. Cryptocurrencies, stablecoins, and NFTs are now officially classified as property under UK and Welsh law. This regulation aims to establish a clearer legal framework for digital assets.
Pudgy Penguins Partners with NHL
Pudgy Penguins announced a collaboration with the NHL for the 2026 Discover NHL Winter Classic. The event period will run from December to January, with the launch taking place during Miami Art Week. The partnership includes merchandise, mascot events, and fan engagement.
$1.78 Million Net Inflow into HBAR Spot ETFs
The Canary HBAR ETF attracted attention with a net inflow of $1.78 million in a single day, bringing its total asset value to $66.47 million. While there was no inflow in the LTC ETF, the DOGE ETF recorded an inflow of $510,000. HBAR’s net asset ratio rose to 1.08%, signaling strong demand.
SEI Officially Added to Coinbase COIN50 Index
With an update by Coinbase, SEI has been added to the COIN50 index, which includes the 50 strongest assets in terms of market value and liquidity. This step aims to increase SEI’s institutional visibility and accessibility. The index is considered an important performance indicator for institutional investors.
Tether Minted 1 Billion USDT on the Tron Network
According to Lookonchain data, Tether minted 1 billion USDT on Tron, bringing the stablecoin supply on the network to over $80.2 billion. This minting further solidified Tron’s leading position in the stablecoin ecosystem. The rise in stablecoin demand is also supporting transaction volume on the network.
Uniswap Simplifies Crypto Purchases with Revolut Integration
Uniswap announced that users can now purchase crypto directly through Revolut. The integration allows for fast and low-friction purchases using bank transfers or Revolut balances. This partnership provides significant ease of access that will increase crypto adoption in Europe.
