BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

November 27th: A number of Wall Street institutions have presented their forecasts for the US stock market in 2026, suggesting that the next phase of the US stock market still has room for growth. Deutsche Bank has set a year-end target of 8000 points for the S&P 500 index in 2026, while HSBC has set its target at 7500 points. Morgan Stanley also anticipates a strong year ahead and forecasts that the index will close at 7800 points in 2026. The bank's strategist, Mike Wilson, referred to it as a "new bull market" and stated in a report last week that the rolling recession had come to an end earlier this year and that policy support and earnings strength would continue into the next year. JPMorgan holds a similar stance. The bank's benchmark forecast for 2026 aims for 7500 points, but it believes that if an improved inflation outlook leads the Federal Reserve to be more proactive in rate cuts, the index could exceed the 8000-point mark. Currently, JPMorgan expects the Fed to cut rates

On November 27th, as monitored by LookOnChain, Circle once more minted 1.25 billion USDC on this day. Since the crash on October 11th, Tether and Circle have collectively minted a total of $17.25 billion worth of stablecoins.

On November 27th, according to official information, BNB Chain has appointed Nina Rong as the Chief Growth Officer. Throughout the years, Nina has been committed to expanding the global Web3 ecosystem and building collaborative relationships that promote the advancement of the ecosystem. At BNB Chain, she will mainly be responsible for ecosystem development, enhancing developer support, and expanding our global footprint. Our common mission is to lead the next billion users into the on-chain world and make it more accessible for everyone to obtain liquidity.

On November 27th, as monitored by Whale Alert, 2 minutes ago, the USDC Treasury minted an additional 2.5 billion USDC on the Solana blockchain.

On November 27th, based on 8Marketcap data, with Ethereum surging above $3,000, Ethereum's market capitalization temporarily reached $365.21 billion, surpassing LVMH and ranking 40th in the global asset market capitalization.

On November 27th, the co-founder of Alliance DAO, QwQiao, posted on social media, saying, "Among the DeFi coins that I am most bullish on in the next few years are those that are actively working to support traditional finance (TradFi) assets. Whether it is trading or lending with traditional finance assets as collateral, the potential market size of these projects may far exceed those that focus only on native crypto assets." This enables us to break free from our own reflexive bull/bear cycle (that is, a situation where a decline in cryptocurrency prices leads to the deterioration of fundamentals). In the past, the biggest obstacle actually has been regulatory issues, but this seems to be changing.