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Share link:In this post: Wall Street loved Trump’s win at first—stocks jumped, Bitcoin soared, and borrowing costs hit rock bottom, but some sectors started cracking fast. Tax cuts and deregulation made financial and energy stocks shoot up, but tariffs and plans to deport workers freaked out economists and markets. Tariffs mean higher prices for Americans, and even Walmart’s warning it’ll have to raise prices if Trump pushes through with his trade war.
Share link:In this post: OpenAI’s much bigger threat comes from government regulation since it has more power than Elon Musk. If the government chooses to investigate the shift of OpenAI from a non-profit to a Public Benefit Corporation, there will be severe repercussions. The AI company’s dual model has sparked controversies
Share link:In this post: Spot Bitcoin Exchange Traded Funds saw almost $2.5 billion in investments in a single week. However, the Chinese ETFs have seen a series of outflows, amounting to $2 billion worth of withdrawals. The Bitcoin rally helped elevate the spot ETF market, especially with Bitcoin close to reaching $100000.
Share link:In this post: The S&P 500 is up 25% this year, with financial and cyclical stocks leading, boosted by optimism around a Trump administration and steady economic growth. Bitcoin has surged 40% this month, nearing $100,000, driven by aggressive trading, retail investor enthusiasm, and headlines hinting at government support. MicroStrategy’s stock hit a $100 billion market cap, tripling its Bitcoin holdings’ value, but its wild 32% drop from intraday highs shows cracks in the frenzy.
During the Market Recovery Pump, Check Out the Top 10 Hot Narratives Ready to Explode at Any Moment.
BlackRock's IBIT ETF led the charge with a record-breaking $513 million single-day inflow.
- 10:54Data: Solana's average daily DEX transaction volume has remained above 6 billion US dollars over the past week, accounting for 45% of the market shareAccording to Cointelegraph, data shows that over the past week, Solana's daily average DEX transaction volume has remained above $6 billion, accounting for 45% of the entire market. The transaction volumes of all other blockchains in the top ten have significantly decreased except for Solana. In addition, the total value locked (TVL) in the Solana network reached $9.2 billion, a 73% advantage over BNB Chain which holds assets worth $5.3 billion. Another report by DappRadar states that in the past seven days there were 29.3 million unique active addresses interacting with DApps on Solana. In comparison, Near had 9.6 million addresses, opBNB had 7.8 million addresses and Base had 4.6 million addresses. SOL futures funding rate peaked at about 4.2% on November 22nd and this indicator has been stable at around 2.4% per month for long positions, slightly higher than neutral point.
- 10:52Baby Doge: Plans to launch BabyDoge Properties service to enter the Real World Asset (RWA) real estate sectorPANews reported on November 24th that Baby Doge announced on platform X that it will soon launch the BabyDoge Properties service to enter the real estate RWA field, supporting users to purchase real estate with cryptocurrency. However, Baby Doge added that if this plan changes or is cancelled, no further notice will be given.
- 10:50The total amount of U.S. national debt has broken through 36 trillion dollars, reaching a new highNews on November 24, according to the latest report released by the U.S. independent research institution Federal Budget Accountability Committee, the total amount of U.S. national debt has broken through 36 trillion dollars this week, reaching a record high. From the end of July this year, when the total US national debt reached 35 trillion dollars, it has now risen to 36 trillion in just over three months.
