U.S. Senator: If Powell Is Fired by Trump, It Will Trigger a Market Collapse

On November 25th, according to an official announcement, Perp DEX Lighter declared that the spot trading testnet has become live. Traders are invited to offer feedback in order to prepare for the launch of the mainnet.

November 25th. According to an official announcement, Binance Launchpad has introduced the StraitsX USD (XUSD) Capital Protection Earn Coin floating rate product special event. During this event, users who subscribe to the XUSD Capital Protection Earn Coin floating rate product can obtain a maximum annualized yield of 12.5%, which includes a 10% exclusive ladder annualized yield and a real-time annualized yield. The event will be held from 08:00 on November 25, 2025, to 07:59 on December 25, 2025 (UTC+8).

On November 25th, Bitget is going to list Irys (IRYS) on its Innovation Zone and Blockchain Zone. The deposit channel has been opened currently, and the trading channel will be opened at 21:00 on November 25th (UTC+8).

On November 25th, according to Unchained, by the end of the second quarter of 2025, Framework Ventures, a crypto venture capital firm that co-led the Berachain Series B funding round together with Brevan Howard Digital's Nova fund, possesses 21,145,476 BERA tokens. The total purchase cost of these tokens is approximately $72.4 million. Based on their average purchase price of $3.42, at the current price, this amount of BERA would lead to Framework suffering more than $50.8 million in unrealized losses. Framework Ventures did not respond to multiple requests for comment. Previously reported, the privacy terms of Berachain were exposed, indicating that Brevan Howard's $25 million investment could be refunded after the TGE, which was unknown to other investors. Berachain's co-founder responded to the reports stating "Nova Digital has a $25 million investment refund right" by saying that it is neither accurate nor complete and that Nova still remains one of the largest token holders.

November 25th: The trading department of UBS Securities announced that the sell-off in the U.S. stock market might have come to a halt, laying the groundwork for a year-end rebound. Last week, the stock market witnessed a sharp decline as investors had doubts about the prospect of the Federal Reserve implementing further easing measures and withdrew from the crowded AI trades. The S&P 500 Index and the Nasdaq 100 Index respectively dropped by about 4% and 7% from their late-October peaks and both fell to near their 100-day moving averages. However, UBS holds the view that with the benchmark indices finding support at this crucial technical level, the selling pressure from systematic funds has significantly eased, and the expectations of the Federal Reserve's rate cut next month seem to be back on track, which paves the way for a stronger future stock market. [Our view is that the current risk-off phase has come to an end, ] Michael Romano, the head of stock derivatives at UBS Hedge F