US President Trump praised the third-quarter GDP data on social media, noting that GDP growth reached 4.2%, far exceeding the expected 2.5%. However, the market reaction is now unusual: in the past, good news boosted the market, but now good news often leads to flat or declining stock markets—because Wall Street is always worried that good news will immediately trigger interest rate hikes to prevent "potential" inflation. Trump stated, "This makes it difficult for us to recreate the prosperous markets of our nation's rise. Strong markets themselves do not cause inflation; wrong policies do. I want the new Fed chairman to cut interest rates when the market is doing well, not to suppress it unnecessarily. I want to see a market that hasn't been seen in decades: a market that rises when it should rise and falls when it should fall, a market that should be, and has always been." Trump also stated, "Inflation will naturally subside, and we can raise interest rates when necessary, but never to suppress the rise. If we let those 'nerds' do everything they can to destroy the upward trend, the nation will never be strong." Trump concluded bluntly, "Anyone who disagrees with me will never be the Fed chairman."

According to Lookonchain, 8 hours ago, Trump Media transferred 2,000 BTC, worth $175 million, from its address.

null source: https://x.com/cointelegraph/status/2003639480209604910

1. Crypto.com is hiring quantitative traders to provide liquidity for the sports betting market; 2. Bitmine bought 67,886 ETH in the past 24 hours, worth $201 million; 3. Gnosis executed a hard fork to recover $116 million lost in the Balancer hack; 4. Matador was authorized to sell $58.4 million worth of stock to increase his Bitcoin holdings; 5. A newly created wallet bought $121 million worth of ETH from Binance and deposited it into Aave V3, while lending out $63 million in USDT; 6. CME data: The probability of the Federal Reserve keeping interest rates unchanged in January is 86.7%; 7. Trump criticized the market's "good news not rising" phenomenon and warned dissidents not to try to steer the Federal Reserve; 8. Spot gold broke through $4,500 for the first time; 9. Hassett: The Federal Reserve is far behind the times on interest rate cuts; 10. Coinbase now supports SOL transactions via the Base network. Deposits and withdrawals.

easy.fun has announced the completion of a $2 million seed funding round, led by Mirana Ventures, with participation from some strategic angel investors. The project's main business is building on-chain trading arenas on Hyperliquid, transforming on-chain trading into a skill-based competitive sport by introducing game mechanics. This round of funding will be used for product development, team expansion, and launching global trading competitions.

null source: https://x.com/CoinMarketCap/status/2003637774822322447

JPMorgan Chase plans to offer crypto trading to institutional clients, impacting market dynamics. source: https://coincu.com/news/jpmorgan-institutional-crypto-trading/

null source: https://x.com/BSCNews/status/2003635492919931292

According to Foresight News, monitoring by Lookonchain reveals that a significant investor known as '66kETHBorrow' has acquired 40,975 ETH, valued at $1.21 billion, within the last five hours. Since November 4, this whale has purchased a total of 569,247 ETH, worth $16.9 billion. Notably, $8.815 billion of the funds used for these acquisitions were borrowed from Aave.

Crypto.com recently posted a job advertisement for a "Quantitative Trader," aiming to build a market-making team for its sports prediction market exchange. This position aims to optimize liquidity by buying and selling financial contracts linked to sports game outcomes, and requires maximizing profits while managing risk. A Crypto.com spokesperson stated that its internal market makers do not rely on proprietary trading as a source of revenue and do not have access to private data or client order flows before other participants. Currently, prediction market platforms such as Kalshi and Polymarket have or are building internal market-making departments. Furthermore, a Crypto.com rule allows sports contract market makers to receive trade responses 3 seconds earlier than retail investors, sparking industry discussion about conflicts of interest and whether prediction markets are trending towards traditional betting. This internal trading team's business covers all derivatives on its US platform and has been fully disclosed to the US Commodity Futures Trading Commission (CFTC). (Bloomberg)

A South Korean man’s attempt to secure a lighter punishment for laundering funds through cryptocurrency has backfired dramatically, with an appeals court overturning his suspended sentence and sending him to prison for four years.

Trump Media & Technology Group bought 451 more Bitcoin, bringing its total holdings to 11,542 coins worth over $1 billion. The company is using Bitcoin as a long-term reserve and is expanding into crypto investments and related financial services.

Justin Sun has lost around $60 million after World Liberty Financial blacklisted his wallet, freezing his WLFI tokens following a $9 million transfer. The freeze has left him unable to access or trade his holdings, while the token’s price has dropped over 40% since September.

Web 3.0, Payments: From Beginning to Abandonment - Why I Stopped Doing Web3 Payments. Golden Finance: Remove the filters and see the true nature of payments.

What crypto moves will traditional giants like BlackRock, JPMorgan Chase, Visa, and Mastercard make in 2025?

Bybit will begin phasing out services for Japanese residents from 2026, as the country’s stringent regulatory framework continues to squeeze unregistered global crypto exchanges out of the market.

The real opportunity for reinforcement learning × Web3 lies not in replicating a decentralized version of OpenAI, but in rewriting "intelligent production relations".

In the year since the Trump administration took office, U.S. cryptocurrency policy has undergone a fundamental shift, with the core objective of integrating the cryptocurrency industry into the existing financial regulatory system and regulating it in the same way as traditional financial institutions.

Tencent has gained access to Nvidia’s banned Blackwell AI chips by using data centres in Japan and Australia, instead of bringing the hardware into China. The setup lets Tencent keep training advanced AI models while staying outside US export rules.

Financial Times has alleged that Binance had continued to allow suspicious crypto transactions to flow through its platform even after agreeing to tighten controls under its landmark $4.3 billion US criminal settlement.