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Multiple Fed Officials Turn Dovish, December Rate Cut Odds Heat Up

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November 21: During a period of nearly two hours, several Federal Reserve officials made dovish remarks collectively. Subsequently, U.S. short-term interest rate futures indicated an increase in market expectations of a December rate cut by the Federal Reserve. The likelihood of a December rate cut is now 54%. Fed Governor Milan: If my vote were a decisive one, I would vote in favor of a 25-basis-point rate cut. He believes that CPI data will be released after the next FOMC meeting. New York Fed President Williams: Given that the current policy stance is obviously tight, the Fed still has room to cut rates in the short term. The progress of inflation remains muted, but it is expected to reach the 2% target by 2027. Fed Vice Chair: AI-related stock gains are benefiting from actual earnings, which is different from the internet bubble period. Fed's Collins: Over time, further rate cuts are anticipated. Having a diverse perspective within the Fed is beneficial.
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Arthur Hayes has once again transferred 19,872,000 BIO to Binance

On November 21st, as monitored by EmberCN, Arthur Hayes, the co-founder of BitMEX, transferred another 19.872 million BIO (equivalent to 1.2 million USD) to Binance just 1 hour ago. This evening, Arthur Hayes deposited 7.66 million BIO into Binance, which is approximately worth 46,000 USD. In this investment, Arthur Hayes has suffered a loss of 64,000 USD, with a loss rate of 58%.

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In November, the final reading of the University of Michigan Consumer Sentiment Index in the United States was 51, compared to an expected value of 50.5 and a previous value of 50.3.

On November 21st, the final value of the November University of Michigan Consumer Sentiment Index in the United States came in at 51. The expected value was 50.5 and the previous value was 50.3. (Forex)

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Michael Saylor Responds to MSC Potentially Removing Strategy: Index Categorization Does Not Define Us

On November 21st, Michael Saylor gave a response regarding the risk that the global financial index company MSCI might remove Strategy (MSTR) from its stock index. Strategy is not a fund, nor a trust, nor a holding company. It is a publicly traded operating company with a software business worth $500 million. At the same time, it is implementing a unique treasury strategy by using Bitcoin as productive capital. This year, it has already completed five public issuances of digital debt securities, namely STRK, STRF, STRD, $TRC, and STRE, with a total notional value exceeding $7.7 billion. It has also launched Stretch (STRC), a revolutionary Bitcoin-backed treasury credit instrument, which provides variable monthly US dollar yield to institutional and retail investors. In contrast, funds and trusts merely passively hold assets. Strategy is the creator, structurer, issuer, and operator. The team is building a new type of enterprise - a Bitcoin-backed structured finance company, which is c

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Trust Wallet has announced the "Gas Sponsorship" feature, which has sponsored over $1 billion in swap transaction gas fees for users.

On November 21st, according to official information, Trust Wallet has officially declared the "Gas Sponsorship" feature. For users on the BNB Chain and Solana Chain, Trust Wallet will automatically cover their Gas fees. Even if they don't hold the native tokens (BNB, SOL) or have insufficient Gas, this helps users complete transactions smoothly without worrying about transaction failures or the need for additional deposits. Currently, Trust Wallet has sponsored more than $1 billion in Swap transaction volume for users. On the BNB Chain, it supports up to 4 Gas sponsorship transactions per day with no minimum requirement; on the Solana Chain, it supports up to 4 Gas sponsorship transactions per day with a minimum transaction amount of approximately $200. Trust Wallet is a globally leading self-custodial Web3 wallet that supports over 1 million assets on more than 100 blockchains, and has a global download count exceeding 200 million. The introduction of the "Gas Sponsorship" feature i

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Bitcoin Rebounds, Surges Above $85,000, 24-hour Loss Narrows to 7.1%

On November 21st, according to HTX market data, Bitcoin rebounded and rose above $85,000. The 24-hour loss was narrowed to 7.1%.

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US Stocks Slightly Up at Open, Crypto-Related Stocks Mixed

On November 21st, the three major U.S. stock indexes opened with a slight increase. The Dow rose by 165 points at the opening. The S&P 500 Index increased by 0.38%, and the Nasdaq rose by 0.47%. U.S. stock crypto concept stocks demonstrated mixed performance, including: Strategy (MSTR) with a decline of 0.34%; Circle (CRCL) down by 0.2%; Coinbase (COIN) up by 0.7%; MARA Holdings (MARA) with a decrease of 0.24%; Riot Platforms (RIOT) down by 1.13%; Bitmine Immersion (BMNR) up by 1.6%; SharpLink Gaming (SBET) down by 2.2%.

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