U.S. CFTC Acting Chairman: Enforcement Division Restructured, Refocused on Combating Fraud

On November 27th, Luca Paolini, a strategist at Pictet Asset Management, stated that as the economic growth slowdown creates the conditions for further Fed rate cuts, the US dollar will experience a new round of weakness next year. He pointed out that the interest rate differential of the US dollar is narrowing significantly. "We anticipate that the US economy will soften slightly, which will gradually alleviate inflationary pressures." Conversely, economic growth in other parts of the world may improve, especially in Europe and Japan. Additionally, the US dollar valuation remains relatively high. Pictet expects that by the end of 2026, the US Dollar Index will decline from the current level close to 99.55 to 95. (FXStreet)

November 27th: On Polymarket, the probability that Bitcoin will rise to $100,000 again this year has gone up to 50%. Additionally, the probability of it rising to $110,000 again is currently 18%, and the probability of it dropping below $80,000 is 37%.

On November 27th, the wealth management company Swissblock released a post indicating that during Thanksgiving, Bitcoin witnessed low trading volume and high volatility. This presents a good opportunity for tactical maneuvers rather than a structural trend. Given that macro liquidity and fund flows remain weak, these fluctuations should be regarded as "noise" rather than market signals.

On November 27th, based on HTX market data, MON briefly fell below $0.04 and is currently trading at $0.0402, experiencing a more than 15% decline in the past 24 hours.

On November 27th, as per official information, Binance is going to donate 10 million Hong Kong dollars to aid in the reconstruction efforts following the Heng Fa Chuen fire. In order to provide effective assistance in disaster relief and the subsequent reconstruction work, Binance will make donations to the disaster area through relevant channels to support the residents of Heng Fa Chuen in rebuilding their homes.

On November 27th, as reported by Cointelegraph, the cybersecurity firm Socket has uncovered a malicious Chrome extension named "Crypto Copilot". This extension is stealthily draining funds from users' Solana transactions. It enables users to directly carry out Solana transactions from X social media platforms. However, it injects additional instructions into each transaction, siphoning off at least 0.0013 SOL or 0.05% of the transaction amount. Unlike common wallet-draining malware, Crypto Copilot utilizes the Raydium decentralized exchange to execute transactions and adds a second instruction to transfer SOL to the attacker's wallet. The user interface only shows a transaction summary, concealing the separate operation instruction. Since its release on June 18, 2024, the extension has only had 15 users. Socket has submitted a takedown request to the Chrome Web Store security team. Security experts remind users that the Chrome extension ecosystem has long been a prime target for crypto