**U.S. Stock Indexes Open Lower** 📉: - S&P 500: -0.21% - NASDAQ: -0.44% The major U.S. stock indexes have opened with slight declines. Investors are closely monitoring market developments. 📊🇺🇸 #StockMarket

**Upbit Suspends MATIC Deposits and Withdrawals for Wallet Inspection** 🔒: Upbit has announced the temporary suspension of deposits and withdrawals for Polygon (MATIC) due to an inspection of the wallet system. Users are advised to stay patient while the inspection is carried out. 🧐🔧 #CryptoNews🔒📰🚫

**Paxos PYUSD Transparency Report Reveals Overcollateralization** 💰: Stablecoin issuer Paxos has released an unaudited PYUSD transparency report as of November 30. The report shows that the total outstanding PYUSD tokens amount to approximately $156.75 million and are overcollateralized. The U.S. Treasury-backed repurchase agreements represent around $160.59 million, with other cash collateral at about $1,178. The market value of collateral among net assets is roughly $160.59 million, providing stability to the PYUSD stablecoin. 📊🏦 #CryptoNews🔒📰🚫

**VanEck Continues Pursuit of Bitcoin Spot ETF** 📈: Bloomberg analyst James Seyffart reports that VanEck has submitted an amendment to its Bitcoin spot ETF S-1 filing. VanEck has been striving to launch this product for several years, and this marks the fifth amendment submitted in their ongoing efforts to bring a Bitcoin spot ETF to market. The cryptocurrency industry is closely watching developments in the ETF space. 🚀📊 #CryptoNews🔒📰🚫

**JP Morgan Adjusts Bitcoin Mining Stocks Outlook** 📈: JP Morgan has revised its target price and investment opinions on Bitcoin mining stocks in response to the BTC price rebound and increased network hash rate. The bank raised its BTC spot price estimate to $44,000 from $38,000 and increased the network hash rate estimate to 485 EH/s from 475 EH/s. Notably: - CleanSpark (CLSK) was downgraded from overweight to neutral, with the target stock price lowered from $9 to $8. - Riot Blockchain (RIOT) was upgraded from underweight to neutral. - Iris Energy (IREN) was maintained as overweight. - Marathon Digital (MARA) retained its underweight rating, but the target stock price was increased from $8 to $8.50. JP Morgan's adjustments reflect the changing dynamics in the cryptocurrency mining sector. 📊💹 #CryptoNews🔒📰🚫