Market Performance
| Asset / Index | Value ($) | Daily Change (%) |
|---|---|---|
| Bitcoin (BTC) | 92,402.0 | +0.82% |
| Ethereum (ETH) | 3,038.60 | +0.51% |
| Bitcoin Spot ETF | +75.0M | Net Inflow |
| Ethereum Spot ETF | −37.40M | Net Outflow |
| Nasdaq (NAS100) | 25,060.4 | +0.74% |
| S&P 500 (SPX) | 6,642.15 | +0.38% |
| Russell 2000 (RUT) | 2,369.6 | +0.13% |
| U.S. Dollar Index (DXY) | 99.879 | +0.11% |
| VIX Volatility Index (VIX) | 23.66 | −4.17% |
| U.S. 10-Year Treasury Yield (US10Y) | 4.128 | +0.26% |
| Brent Crude Oil (BRENT) | 64.081 | +0.38% |
| LBMA Gold (XAU) | 4,060.66 | −0.41% |
| LBMA Silver (XAG) | 50.953 | +0.88% |
“Prepared at UTC 07.56 am”
Today’s Key Events
- Trump to Meet with Released Israeli Hostages and Their Families
- US September Nonfarm Payrolls Data
- US Existing Home Sales Data
- US Unemployment Rate Data
- US Average Hourly Earnings m/m
- Walmart Inc Earnings Report
- FOMC Members Goolsbee, Paulson, Hammack, Mester, and Cook to Speak
- LayerZero (ZRO) Token Unlock
FED Minutes: Deep Divide Ahead of December Decision
- Members showed a clear divergence of views on interest rate cuts in December; some are open to easing, others oppose it due to inflation risks.
- Most members indicated that keeping rates steady for the remainder of the year could be appropriate.
- Inflation risks appear more dominant than labor market risks; many members warned that excessive cuts could send the wrong signal.
- Nearly all members supported ending balance sheet normalization on December 1.
US Labor Data Release Schedule Changed
- The October nonfarm payrolls report will not be released independently; the data will be added to the November report, and the release date has been postponed from December 5 to December 16.
- Only business survey data (employment growth) will be released for October; the household survey (unemployment rate) will not be published.
- The September JOLTS report will not be released; the data has been transferred to the October report and the release date has been moved from December 2 to December 9.
- The September PPI report will be released on November 25.
White House Economic Director Hassett: Real Wages Under Pressure
NEC Director Hassett said the US has made progress in reducing debt and that Congress may consider adding “tariff rebate checks” to the budget package. Republicans warn that this plan will not reduce the budget deficit and could increase inflation. Hassett noted that the decline in real income due to wages lagging behind price increases is exacerbating economic hardship. He argued that Trump’s policies support real wage growth.
Nvidia 3Q Earnings Report
- The company’s third-quarter revenue was $57 billion, meeting expectations with a 62% year-over-year and 22% quarter-over-quarter increase.
- Adjusted net income was $31.77 billion, EPS was $1.30, exceeding expectations.
- The fourth-quarter revenue forecast of $65 billion (±2%) was announced well above market expectations.
- It was stated that GPU supply is completely depleted and demand will remain high until 2026.
- Management confirmed that total revenue will exceed $500 billion over the next five quarters and that there is further upside potential.
US Increases Pressure for Ceasefire in Ukraine
According to Reuters sources, the US has told Zelensky that he should consider a draft framework prepared to end the war with Russia. The plan includes critical points such as downsizing the Ukrainian army. According to The Telegraph, the Trump administration proposed a model in which Russia would retain de facto control of Donbas, but legal ownership would remain with Ukraine. The rising cost of the war is increasing Washington’s pressure for a solution.
China-Japan Tensions Escalate
China announced economic countermeasures in response to Japan’s recent policy statements and announced that it would suspend imports of Japanese seafood. Beijing said that Prime Minister Takaichi’s remarks on Taiwan undermined the political foundation of relations between the two countries. It was stated that if Japan refuses to back down, “tough and severe” steps will be taken. Political tension in the region has risen again.
Filecoin Onchain Cloud: New Projects Connected to the Ecosystem
Filecoin announced the first projects connected to Onchain Cloud and stated that the integration spans many areas such as artificial intelligence, data, storage, and naming services. ERC-8004/Agent0, ENS, Safe, Monad, KYVE, Akave Cloud, Storacha, and Geo Podcasts have already completed their connections. This expansion rapidly grows Filecoin’s on-chain cloud infrastructure while creating a stronger foundation for AI and data applications.
Trump Signs Law Authorizing Release of Epstein Files
Trump has approved legislation allowing the public disclosure of files related to Epstein. The development has brought Epstein’s connections back into the spotlight, sparking debate over political and institutional implications.
Trump Aims to Accelerate Artificial Intelligence in the US with “Genesis Mission”
According to Bloomberg, Trump will issue a new executive order called “Genesis Mission” to promote AI development in the US. The program aims to strengthen the US’s position in the AI competition while planning to increase sector investments and public-private partnerships.
US Approves Export of 35,000 Nvidia Chips to AI Companies in Saudi Arabia and UAE
The US Department of Commerce has approved the purchase of a total of 35,000 Nvidia Blackwell (GB300) chips by G42 and Humain. However, the approval came with strict security controls and reporting requirements. The decision is seen as an important part of the U.S.’s strategy to manage global AI competition.
Elon Musk: “Artificial Intelligence and Robotics Will Make Money Irrelevant”
Speaking at the U.S.-Saudi Arabia Forum, Musk said that as artificial intelligence and robotics advance, money will lose its importance. While noting that energy constraints are still valid, he said that the future may resemble the civilizations in Iain Banks’ “Culture” series.
WLFI to Refund Funds to Users Previously Affected by Attacks
WLFI announced that it will redistribute funds to users who lost assets due to phishing or seed phrase leaks. The company stated that the problem did not originate from the platform or smart contracts, but rather from third-party security vulnerabilities. The refund aims to rebuild community trust.
Monad Token Sale Exceeds $140 Million
Monad’s public token sale has reached $142.9 million, completing 76% of the total target. If the current pace is maintained, the final figure is expected to be in the range of $181–240 million. 7.5% of the total supply is being sold at a price of 0.025 USDC, with an FDV of $2.5 billion.
Phantom Begins Supporting HyperEVM Token Transactions Within the Wallet
Phantom announced that users can now buy and sell HyperEVM tokens through the Phantom wallet. This support facilitates access to the Hyperliquid ecosystem at the wallet level.
BioProtocol Launches BioXP Season 2: Multiplier Mechanism and Airdrops Coming
BioProtocol announced its new season, introducing a multiplier system that increases XP earnings and automatic ecosystem airdrops. Users need to stake BIO and create veBIO. veBIO holders will benefit from both the multiplier and the first airdrop advantages of the new tokens.
MARA Transfers 644 BTC to FalconX and Coinbase Prime
Bitcoin mining company MARA transferred 644 BTC, worth approximately $58.7 million, to two institutional platforms. The move is being interpreted as a potential sale preparation or leverage management signal.
Aave Launches V4 Testnet and Aave Pro Preview
Aave announced the launch of its V4 testnet and also released the developer preview version of Aave Pro as part of the same package. The new version includes performance improvements, more flexible modules, and advanced tools for institutional use.
Circle Launches USYC on BNB Chain
Circle’s interest-bearing money market fund USYC is now available on BNB Chain. USYC offers automatic yield accumulation and instant redemption support for USDC and is only open to eligible users outside the US.
BlackRock Takes First Official Step Toward Staked Ether ETF
BlackRock has officially begun the process of launching a staked ETH ETF by registering the “iShares Staked Ethereum Trust” in Delaware. Although no application has been filed with the SEC yet, this step confirms BlackRock’s preparations for its yield-bearing ETH product.
