November 24th, after a weekend of recovery, the cryptocurrency market has rebounded, with the total cryptocurrency market cap reclaiming the $3 trillion mark, now standing at $3.033 trillion, a 0.7% increase in the past 24 hours.Bitcoin surged above $88,000 this morning, currently trading at $86,818, a bounce of over 7.7% from last Friday's low of $80,600; Ethereum has rebounded to around $2,800; BNB has risen above $840; SOL has surged above $130.

November 24th, the U.S. economy is currently experiencing a puzzling anomaly, causing concern among policymakers tasked with curbing inflation and maintaining the labor market. Labor Department data shows job losses in June and August, with a meager three-month average of about 62,000 new jobs added as of September.However, worker productivity, a key driver of economic output, remains high. The Gross Domestic Product (GDP), which measures the output of all goods and services in the economy, also remains strong. This contradictory situation of economic expansion coexisting with a weak labor market has presented a dilemma for the Federal Reserve policymakers, making it challenging for them to determine whether the economy needs to cool down or be further stimulated.Economists believe it is currently uncertain whether rate cuts can ultimately offset the erosion in hiring due to significant policy changes. Ryan Sweet, Chief U.S. Economist at Oxford Economics, said, "Fortunately, we have not yet seen mass layoffs; otherwise, a lack of job expansion would evolve into an economic recession. The economy can grow without creating a large number of jobs, but the prerequisite is that productivity must continue to grow healthily." A lack of job expansion could quickly evolve into an economic recession.

November 24th. According to EmberCN monitoring, a whale of AAVE that had partially liquidated its position during the 10/11 flash crash has increased its holdings today by 24,000 AAVE (worth approximately $4 million).Through flash loans, this whale has accumulated 284,000 AAVE over the past 2 years at an average price of $165; during the 10/11 flash crash, their borrowing position was liquidated at a price of $101, resulting in 32,000 AAVE being liquidated (worth $3.22 million).Currently, the address holds a total of 276,000 AAVE at an average price of $165.

November 24th, according to OnchainLens monitoring, the address "0x184" deposited 1 million USDC into HyperLiquid and opened a 25x leveraged ETH long position. The opening price was $2799.01, the liquidation price was $2628.69, and the position size reached 4685 ETH.Prior to this, the address had traded SOL and earned over $100,000 from it.

November 24th, CITIC Securities' research report stated that New York Fed President Williams hinted at a further rate cut in December, reversing market rate cut expectations. Currently, the market believes there is a 70% probability of a Fed rate cut in December.The Fed will enter a quiet period starting on November 29th, during which Powell will not have any public speaking engagements or media interviews scheduled. The speech by his "close ally" Williams may be the last time a Fed official speaks to influence market expectations.Continuing from previous views, it is expected that there will be a rate cut in December or a "close call" rate cut of 25 bps. For the market, the reversal of rate cut expectations, combined with the "28-point" plan advancement and news of the Trump administration considering exporting H200 chips to China, macro factors are no longer a source of market pressure in the short term. The market may focus more on issues such as AI companies issuing bonds, cryptocurrency trends, and other matters. (Jinshi)

November 24th. According to a CITIC Securities research report, the stock market downturn on November 20th was judged to be driven by macro factors, rather than panic selling triggered by the bursting of an AI bubble. The main reason for this pullback was the September non-farm payroll data exceeding expectations, combined with hawkish comments from the Federal Reserve, which led to profit-taking in the market. In light of the marginal weakening of the US labor market, the December Fed interest rate meeting may mark the peak of the "hawkish panic" sentiment, after which the market's focus may shift to the nomination game around the new Fed chairman appointed by President Trump.The fundamental outlook of the AI sector remains solid, with Token index-level growth, ongoing supply chain bottlenecks, strong cash flow from the four tech giants, and a robust balance sheet. It is expected that the extreme narrative of the "AI bubble" bursting in the short term will be difficult to materialize. (FX678)

November 24th, according to Coinglass data, in the past 7 days, CEX's total net outflow of Ethereum was 211,000 ETH, with the top three outflow amounts from CEX as follows:· Coinbase Pro, outflow of 220,300 ETH;· Kraken, outflow of 110,600 ETH;· Gemini, outflow of 31,800 ETH.In addition, Binance had an inflow of 99,600 ETH, ranking first in the inflow list.

November 24th, according to AI She monitoring, the 1inch team's recent two-day increase in 1INCH holdings has grown to $4.785 million, with an average cost of $0.184.In the past 14 hours, the 1inch Team Investment Fund address once again withdrew 20 million tokens from Binance at an average price of $0.1856, worth approximately $3.713 million. The total number of tokens held has now been updated to 111 million, valued at $20.34 million.Two days ago, the 1inch Team Investment Fund withdrew 6.01 million 1INCH tokens from Binance, worth $1.072 million, at an average withdrawal price of $0.1785.

November 24th, according to lookonchain monitoring, Whale GJwCUj sold 32,195 SOL ($4.18 million)—these were positions he bought and staked 10 months ago, resulting in a $2.04 million loss this time.2 years ago, this whale bought 400,000 SOL at an average price of $89 ($35.7 million) and staked them. In less than two months, the whale sold at $108, making a profit of $8.15 million. However, after the sale, SOL continued to surge. If the whale had held until the peak, the profit would have exceeded $82 million.

November 24th, according to AI Auntie's monitoring, address 0x7fe...17ac6 is currently accumulating a large amount of HYPE. In the past 24 hours, they have built up a HYPE position worth $6.585 million and are currently unrealized loss of about $40,000, with an average cost of approximately $31.57 per HYPE. Currently, they have a limit buy order of $[28.04-$31.475] per HYPE for $3.75 million that has not been filled yet. If all bought, their holdings will exceed $10 million.

November 24th, according to HTX market data, Bitcoin briefly dropped below $86,000, currently trading at $86,384, with a 24-hour gain narrowed to 1.43%.

November 24th, according to Coinglass data, in the past 7 days, CEX has seen a total net outflow of 29,194.49 BTC. The top three CEXs in terms of outflow volume are as follows:· Bitmex, with an outflow of 32,226.13 BTC;· Coinbase Pro, with an outflow of 25,792.54 BTC;· Gemini, with an outflow of 2,714.25 BTC.In addition, Binance saw an inflow of 16,353.35 BTC, ranking first in the inflow list.

November 24th, according to Alternative Data, today's cryptocurrency Fear and Greed Index has risen to 19 (from 13 yesterday), with a weekly average of 14, indicating that market sentiment is still in a "extreme fear" state.Note: The Fear and Greed Index has a threshold of 0-100 and includes the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%).

November 24th, according to CME's "FedWatch": The probability of a 25 basis point rate cut by the Fed in December is 69.4%, with a probability of rates staying unchanged at 30.6%.The probability of a cumulative 25 basis point rate cut by the Fed by January next year is 56.9%, with a probability of rates staying unchanged at 20.8%, and the probability of a cumulative 50 basis point rate cut is 22.3%. (FXStreet)

November 24th. After taking office in January, US President Trump vigorously established the Department of Government Efficiency (DOGE) to reduce the size of the government. Although the department still had eight months left in its term, it has already been dissolved.When asked about the current status of the Department of Government Efficiency, US Office of Personnel Management Director Cooper said: "It simply does not exist." Cooper added that the Department of Government Efficiency is no longer a "centralized institution." This is the first time the Trump administration has confirmed the dissolution of the Department of Government Efficiency.This Musk-led institution, established in January of this year, carried out a sweeping reform of Washington, rapidly reducing the size of federal agencies, cutting their budgets, or shifting their focus to Trump's priorities. According to executive orders signed by Trump after taking office, the Department of Government Efficiency was supposed to operate until July 2026. (FX678)

November 24th, according to Coinglass data, the total liquidation in the past 24 hours was $213 million, with $76.325 million in long liquidations and $136 million in short liquidations.In the past 24 hours, a total of 112,820 people were liquidated globally, with the largest single liquidation occurring on OKX - BTC-USDT-SWAP, totaling $2.5873 million.

November 24th, Ethereum founder Vitalik Buterin shared in a post regarding the prediction of the "Displaying Account Country" feature:In the short term, it will bring about many positive effects.In the medium term, experienced players will find ways to disguise themselves as being from a different country. There are countless methods to rent someone else's passport, phone number, IP address, and so on. It would be somewhat difficult to fake 1 million accounts with fake locations, but it would be very easy to fake one account with a false location and then operate it to 1 million followers.Six months later, those political water army accounts that are actually located in a random Eurasian country but operate under names like "Defenders of Western Civilization" will most likely change their location tags to "USA" or "UK."(The above is what I think will happen, not what I hope to see. What I hope for is:(i) We can truly see different communities' views on different topics, and this is not an easily forgeable signal.(ii) These "communities" are not just highly identifiable narrow labels such as countries or educational backgrounds but a more widespread, spontaneous, multi-source evidence-based structure.However, I believe that it is very difficult to keep such a system robust in an adversarial environment.)Upon further reflection, I also agree with the points made by the respondents: it is inappropriate to display a user's country without their consent and without providing any opt-out option (even without a "disable account" last resort option). In most cases, displaying country information will still maintain a large anonymous set, but there are indeed some people for whom even a few bits of data leakage are very dangerous. They should not be unilaterally deprived of privacy by the platform without any remedy.

November 24th, according to HTX market data, Bitcoin briefly surged above $88,000 this morning before falling back, now trading at $86,861, with a 24-hour gain narrowed to 2.44%.

November 23rd, according to HyperInsight monitoring, the "Calm Down and Short" reduced a $2.6 million ZEC short position, with the overall short position's unrealized loss expanding to $4.05 million. Current positions:· $41.74 million BTC short, with a $1.84 million unrealized loss and a liquidation price of $89,018;· $30.97 million SOL short, with a $1.51 million unrealized loss and a liquidation price of $136.73;· $11.31 million XRP short, with a $0.69 million unrealized loss and a liquidation price of $2.22;· $4.11 million ZEC short, with a $0.01 million unrealized loss and a liquidation price of $684.55.