JPMorgan Chase: No Longer Expects Fed to Cut Interest Rates in December

November 21st - The Cabinet of Japanese Prime Minister Sanae Takaichi approved the largest supplementary budget since the pandemic broke out. Funds will be disbursed through a comprehensive plan to ease voter dissatisfaction. However, this move may raise concerns among investors closely monitoring Japan's fiscal situation. It has led to the yen falling to a 10-month low and the ultra-long-term government bond yield surging to a historical high. The Japanese Cabinet Office stated on Friday that this stimulus plan includes ￥17.7 trillion (approximately $112 billion) in general account spending. These expenditures are likely to be provided through a supplementary budget, representing a 27% increase compared to the scale introduced by its predecessor a year ago. The overall plan has a scale of ￥21.3 trillion, covering various aspects from price relief to targeted sector investment support. The large scale of price relief funds shows Sanae Takaichi's determination to address persistent in

November 21st. WEEX announced that at 17:00 (UTC+8) today in the WEEX official Chinese community, it will hold an AMA event with the theme "90% of people in the crypto circle are losing money. How can you win?" It is inviting 2 WEEX global ambassadors as guest speakers to discuss topics such as averaging down, taking profits, position management, and how to handle news that traders are concerned about. It also focuses on facing the most painful trading pain points and revealing the top trader's "anti-human nature" survival rules. Users can join the group to participate in the interaction and chat about the most challenging "human weaknesses" they need to overcome in trading.

On November 21, according to official information, Binance Alpha is scheduled to list MineD (DIGI) on November 22 and Kyuzo's Friends (KO) on November 23. Qualified users will be able to obtain airdrop rewards on the Alpha Activity page by using Binance Alpha points after trading commences. Further details will be announced shortly.

On November 21st, as monitored by LookOnChain, the wallet "stayawayfromridiculouslyprettygirls.eth" opened a 3x long position: It went long 120.93 Bitcoin (BTC), which is worth 10.4 million US dollars; and went long 988.23 Ethereum (ETH), with a value of 2.78 million US dollars.

November 21st. Financial market independent researcher Perera (Shanaka Anslem Perera) noted that yesterday, an unprecedented upheaval took place. After Nvidia's financial report was released, its stock price surged by 5%, but within 18 hours, it plummeted into negative territory. Wall Street algorithms captured a significant anomaly that humans had not noticed: there was a severe discrepancy in the financial data. The specific findings are as follows: Nvidia's accounts receivable increased by 89% to $33.4 billion in one year. The payment cycle extended from 46 days to 53 days, and chip inventory soared by 32% to $19.8 billion. A $19.3 billion profit only converted into $14.5 billion of cash flow, with a conversion rate of 75%, which is far below the industry average of 95%, resulting in a $4.8 billion gap reaching a crisis level. The AI ecosystem fund loop was exposed: Nvidia injected $2 billion into xAI. xAI borrowed $12.5 billion to buy back Nvidia chips. Microsoft invested $13 bil

On November 21st, at the 11th Benzinga Fintech Awards taking place in New York, Bitget received the "Best Cryptocurrency Exchange" award. This award holds significant influence among the annual selections in the fintech field and is intended to recognize platforms and innovative achievements that lead the future development of the industry. This year's list of winners encompasses several traditional financial institutions and industry companies, such as Interactive Brokers, TradeStation, Ramp, WisdomTree, Best Egg, and Groundfloor.