1. You at Binance Square, do you have enough fans to compete for the 5000 USDT reward for ALLINDOGE? The event period is from the 20th to the 27th UTC, check the rules quickly!
2. Want to share in the 5000 USDT of ALLINDOGE? Newcomers at Binance Square can participate by boosting fans or through live streams by big shots, which one will you choose?
【Federal Reserve's Harker: More Concerned About Persistently High Inflation, Tends to Keep Interest Rates Stable Until Spring】 - - - - - - - -- - - Content: On December 21, Federal Reserve's Harker stated that after consecutive interest rate cuts in the past three meetings, there is no need to adjust interest rates in the coming months. Harker opposes recent rate cuts because she is more concerned about persistently high inflation rather than potential weaknesses in the labor market. Harker is not a voting member of the rate-setting committee this year but will become a voting member next year. "My basic expectation is that we can keep interest rates at current levels for a period of time, at least until spring. Until we get clearer evidence that either inflation is falling back to target levels or the labor market is showing more substantial weakness," she said in an interview on Thursday with The Wall Street Journal's Take On the Week podcast.
1. You at Binance Square, do you have enough fans to compete for the 5000 USDT reward for ALLINDOGE? The event period is from the 20th to the 27th UTC, check the rules quickly!
2. Want to share in the 5000 USDT of ALLINDOGE? Newcomers at Binance Square can participate by boosting fans or through live streams by big shots, which one will you choose?
【The White House and the U.S. Department of Energy jointly launched the 'Genesis Program', with CoreWeave, NVIDIA, OpenAI, xAI, and others selected as the first batch of companies】 - - - - - - - -- - - Content: The latest statement from the White House and the U.S. Department of Energy shows that 24 leading artificial intelligence companies, including Microsoft, Google, and NVIDIA, have signed agreements with the U.S. government to join the 'Genesis Program.' This program, initiated by the White House, aims to promote the application of emerging technologies in scientific exploration and energy projects. On that day, industry participants, U.S. Secretary of Energy Chris Wright, Deputy Secretary Darío Gil responsible for science and the Genesis Program, and Michael Kratsios, Director of the White House Office of Science and Technology Policy, held a meeting at the White House to launch public-private innovation partnerships in the field of artificial intelligence technology, ensuring the establishment of scalable U.S. national infrastructure to accelerate scientific development at an unprecedented pace and ensure that the benefits of artificial intelligence reach the entire nation. These 24 companies include (in alphabetical order): Accenture, AMD, Anthropic, Armada, Amazon AWS, Cerebras, CoreWeave, Dell, DrivenData, Google, Groq, Huizhi, IBM, Intel, Microsoft, NVIDIA, OpenAI, Oracle, Periodic Labs, Palantir, Project Prometheus, Radical AI, xAI, XPRIZE. (Ke Chuang Daily) As a result of this news, related company stock prices rose more than 5%.
【U.S. Treasury Secretary Becerra: Optimistic About Supreme Court's Tariff Ruling】 - - - - - - - -- - - Content: U.S. Treasury Secretary Becerra stated that he does not view tariffs as a form of taxation and is optimistic about the Supreme Court's tariff ruling, urging caution as the Supreme Court considers overturning Trump's International Emergency Economic Powers Act tariff. (Jinshi)
【Spot gold breaks through $4230/ounce, daily increase of 0.61%】 - - - - - - - -- - - Content: Market shows that spot gold has broken through $4230 per ounce, with a daily increase of 0.61%.
【Greeks.live: Bullish traders expect BTC to continue rising to $100,000】 - - - - - - - -- - - Content: Greeks.live released an English community briefing, which pointed out: the community shows a mixed sentiment, with bullish traders expecting BTC prices to continue rising to $100,000 and a December closing price above $95,000, while some are concerned about market overextension. Key price levels to watch include $93,000 (stop-loss cluster), $94,000, and the $2,900 support level for ETH, and there is disagreement on whether this rise is sustainable or if a correction is imminent.
【Next Week's Macroeconomic Outlook: A Week of Fed Guidance! The Fed Faces the 'Ultimate Showdown'】 - - - - - - - -- - - Content: On November 30, this week, influenced by the American Thanksgiving holiday, market trading volume has been very low, which is a typical feature of Thanksgiving trading. However, due to the data center failure at the Chicago Mercantile Exchange on Friday that 'unplugged the network cable', spot gold and silver experienced wild fluctuations and continued to rise after futures prices resumed quotes, with gold prices increasing nearly $150 this week, returning above $4200. In terms of data, the US September PPI and retail sales data performed poorly, and the weekly private sector employment data released by ADP was also quite weak. On Tuesday at 09:00, Fed Chairman Powell will give a speech at a memorial event; On Tuesday at 23:00, Fed Governor Bowman will testify before a House committee. On Wednesday at 21:15, US November ADP employment numbers; On Wednesday at 21:30, US September import price index month-on-month; On Wednesday at 22:15, US September industrial production month-on-month; On Wednesday at 22:45, US November S&P Global Services PMI final value; On Wednesday at 23:00, US November ISM Non-Manufacturing PMI; On Thursday at 21:30, US initial jobless claims for the week ending November 29; On Friday at 23:00, US December one-year inflation rate expectation initial value, December University of Michigan consumer sentiment index initial value, September core PCE price index year-on-year, September personal spending month-on-month, September core PCE price index month-on-month. If November service sector activity shows healthy growth again, it will support the hawks within the Fed, while a sudden drop to 50.0 or below would support the case for an immediate rate cut. Equally important is the ADP employment report next Wednesday. The official November non-farm payroll report will not be released until December 16, and with the October report being canceled, the ADP private sector employment survey will provide important updates on the labor market. $BTC
【Entrée Capital raises $300 million new fund, focusing on early-stage investments in AI, cryptocurrency, etc.】 - - - - - - - -- - - Content: Entrée Capital announced the successful raising of a new fund of $300 million, which focuses on early-stage investments, bringing the total assets under management to $1.5 billion. The new funds will primarily be deployed in pre-seed, seed, and Series A investment projects in Israel, the UK, Europe, and the United States. The new fund will target areas including artificial intelligence (covering native AI applications, vertical AI, and enabling infrastructure), deep technology and quantum computing (including computational technology, science-driven systems, advanced materials, etc.), software, data and B2B productivity enhancement, and the cryptocurrency sector (focusing mainly on infrastructure and security), as well as unconventional frontier innovations. It is reported that Entrée Capital has previously invested in Web3 domain registrar Freename, Bitcoin payment startup Breez, and others.
【Wormhole Foundation has purchased 5 million USD W tokens, recorded in its balance sheet】 - - - - - - - -- - - Content: On November 28, according to official news, the Wormhole Foundation has purchased 5 million USD of W tokens, recorded in its balance sheet. $ETH
【A newly created wallet deposits $2.5 million USDC into HyperLiquid and shorts HYPE with 10x leverage】 - - - - - - - -- - - Content: According to Onchain Lens monitoring, a newly created wallet deposited $2.5 million USDC into HyperLiquid and opened a short position on HYPE with 10x leverage. The wallet also has a pending order to further increase that position. $BTC
【Upbit revised the scale of stolen funds to 44.5 billion KRW, approximately 30.43 million USD. Korean regulators will conduct on-site investigations until December 5】 - - - - - - - -- - - Content: According to Upbit's afternoon update announcement, the scale of assets leaked related to the Solana network has been revised from 54 billion KRW to 44.5 billion KRW (approximately 30.43 million USD); the scale of frozen funds on the Solana network has been revised from about 12 billion KRW to about 2.3 billion KRW (approximately 1.57 million USD). In addition, according to South Korean media BlockMedia, after the security incident at Upbit, the Financial Supervisory Service's Virtual Asset Supervision Bureau immediately launched an on-site inspection of the platform. The Financial Supervisory Service stated: "We are aware of this hacking incident and are currently investigating the origin of the hacker attack, the extent of the damage, and the measures taken to protect customer assets. We expect to continue on-site inspections until next Friday (December 5)."
【Cathie Wood: Liquidity tightening will reverse in the coming weeks, AI is not in a bubble】 - - - - - - - -- - - Content: On November 27, ARK Invest founder Cathie Wood stated that the current liquidity tightening impacting the fields of artificial intelligence and cryptocurrency will reverse in the coming weeks. The market seems to agree with this view, and artificial intelligence is not in a bubble.
【ETH Global Contract Positions Increased by 6.70% in 24h】 - - - - - - - -- - - Content: According to Coinglass data, the total contract positions for ETH increased by 6.70% in the past 24 hours, with the current total position amounting to $37.76 billion. The top three positions are Binance, CME, and Gate, with Binance's total position amounting to $7.67 billion, CME's total position amounting to $6.49 billion, and Gate's total position amounting to $3.70 billion.