Jupiter conducted a token burn of approximately 130 million JUP yesterday in response to a suggestion from the community to shorten the unstaking period to 7 days.
On November 26th, Jupiter made an official announcement on social media stating that it has completed the second phase of the JUP "Fresh Start" plan. This phase is intended to strategically realign JUP with the platform's vision of bringing billions of users into DeFi, deepen community ecosystem collaboration, and improve tokenomics.
The "Fresh Start" is essentially to map out a more strategic development path for JUP. Through a deep reflection on the governance issues and drawbacks brought about by DAO engagement, we realized that these factors were diluting the team and community's focus on core work. The second phase focuses on a vote to burn approximately 130 million JUP in the Litterbox. Today, we have officially implemented this burn plan and responded to holder suggestions to shorten the unstaking period to 7 days.
Looking ahead, Jupiter will advance the Jupuary plan with strategic thinking and widely incorporate various opinions. The designed solutions will significantly redu
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Reuters Poll: S&P 500 Index to Rise to 7490 Next Year, Possible Pullback in the Next Three Months
On November 26th - A Reuters survey of stock market strategists indicated that the S&P 500 index is projected to increase by approximately 12% from its present level by the end of 2026. This is driven by a healthy U.S. economy, the strong performance of tech companies, and the Federal Reserve's maintaining loose monetary policy. Based on the median forecast from a survey conducted among over 45 strategists, analysts, and portfolio managers from November 14th to 25th, the S&P 500 index is expected to close at 7490 points in 2026, which is 11.7% higher than the current level. If the stock market closes higher in 2025, this will mark the fourth consecutive year of gains for this benchmark index.
Among the 14 respondents who answered additional questions, 8 believe there is a higher likelihood of a pullback in the S&P 500 in the next three months. Analysts pointed out that the risks to the overall optimistic forecast include the potential increase in inflation and the uncertainty regardin
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Recently, there has been a sharp increase in reports of violent robberies targeting cryptocurrency assets, with self-custody wallets struggling to protect individual assets in a "wrench attack."
November 26th. Today, yet another news of a home invasion robbery has once again shaken the crypto community. Lachy Groom, the ex-boyfriend of OpenAI co-founder Sam Altman, became a victim of an armed robbery last Saturday night, losing crypto assets worth $11 million. The suspect, disguised as a delivery person, entered the residence, held the victim at gunpoint, physically assaulted him, tied him up with duct tape, emptied his crypto accounts, and stole his mobile phone and laptop. In addition to this case, recent reports of robbery incidents targeting cryptocurrency assets have been on the rise. These include:
· In St. Petersburg, Russia, on November 22nd, the police arrested a man who broke into an exchange office, detonated two fake grenades, and set off a smoke bomb. He then demanded that the staff transfer all the exchange's crypto assets to his personal wallet. The attempt was unsuccessful, and he was arrested.
· A man from Hong Kong was recently sentenced to 7 years in priso
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Robinhood has acquired MIAXdx and will launch a new futures and derivatives trading platform next year
On November 26th, the stock and cryptocurrency trading platform Robinhood is set to launch a futures and derivatives exchange along with a clearinghouse, thereby intensifying its investment in the prediction markets. By collaborating with Susquehanna, it has established a brand-new, independently operated joint venture, with Robinhood Markets, Inc. serving as the majority partner and providing retail demand and distribution channels. The market maker, Susquehanna International Group, is a crucial partner and the initial liquidity provider from the very first day, with plans to enlist additional liquidity providers in the future. This joint venture will expedite its service delivery through the acquisition of MIAXdx.
MIAXdx is a designated contract market (DCM), derivatives clearing organization (DCO), and swap execution facility (SEF) that has obtained licenses from the U.S. Commodity Futures Trading Commission (CFTC). It is a wholly-owned subsidiary of Miami International Holdings, I
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WLFI Reserve Address spent $5.54 million USD in the last 3 hours to buy back 32.93 million WLFI tokens.
On November 26th, according to on-chain analyst Ai Yi (@ai_9684xtpa), the WLFI Strategic Reserve address spent 5.54 million USD1 and repurchased 32.93 million WLFI within the past 3 hours. The average cost was $0.1684. Due to its concentrated on-chain buyback operation, the token price has seen an increase of over 5% since the purchase.
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