Hong Kong Secretary for Justice: Issuance of a Hong Kong Dollar-pegged Stablecoin in Hong Kong or Outside Hong Kong Requires Licensing

On November 25th, according to HTX market data, MON rose earlier today and reached $0.038 before falling back. Currently, it is trading at $0.0303. The corresponding fully diluted valuation (FDV) is $30.3 billion, indicating a 21.2% increase compared to the public sale price of $0.025.

On November 25th, as monitored by Onchain Lens, the "1011 Insider Whale" once more deposited 10 million USDC into Hyperliquid and initiated an ETH long position with a 5x leverage. Position: 15,000 ETH Entry Price: $2,946 Liquidation Price: $2,326.53 Position Value: $44.3 million

On November 25th, Federal Reserve Board Governor Waller expressed that he personally favors a rate cut at the December monetary policy meeting. Inflation has gone up, but he believes it will start to decline. January next year will be filled with challenges, with a large amount of data to be released one after another to determine whether another rate cut is necessary. Mary Daly, President of the Federal Reserve Bank of San Francisco and a FOMC voting member in 2027, stated that she supports a rate cut next month because she thinks the likelihood of a sudden deterioration in the labor market is greater than that of a sharp increase in inflation and is also more difficult to control. According to CME's "FedWatch," the probability of a 25-basis-point rate cut by the Federal Reserve in December has increased to 82.7%, while the probability of keeping rates unchanged is 17.3%. U.S. stocks closed on Monday. The Dow rose by 0.44%, the S&P 500 rose by 1.5%, and the Nasdaq rose by 2.69%. Bit

On November 25th, as per CoinDesk, the cryptocurrency wallet company Exodus Movement is set to acquire the parent company W3C Corp of the cryptocurrency card and payment companies Baanx and Monavate for $175 million. The deal is composed of the company's own cash and financing supplied by Galaxy Digital, with the financing being backed by the Bitcoin held by Exodus. Baanx and Monavate have been collaborating with institutions like Visa, Mastercard, and MetaMask, concentrating on developing cryptocurrency cards and user-custodied Web3 payment services. This acquisition will enable Exodus to become one of the few self-custody wallet providers capable of governing the end-to-end payment experience, ranging from the wallet to the card.

On November 25th, the White House is making efforts to expedite the enhancement of America's research capabilities by applying artificial intelligence. U.S. President Trump signed an executive order on Monday to launch the "Genesis Mission" initiative, instructing the Department of Energy and other research institutions to actively promote the deployment of artificial intelligence. Michael Kratsios, the Chief Technology Officer of the White House Office of Science and Technology Policy, referred to it as "the largest-scale federal research resource integration since the Apollo program." He stated that this initiative is expected to accelerate research breakthroughs in fields such as medicine, energy production, and engineering. Energy Secretary Wright emphasized that artificial intelligence will be used to analyze the extensive datasets held by its 17 national laboratories and pledged to "significantly accelerate the pace of scientific discovery and innovation." According to the execu

: On November 25th, the US Bureau of Economic Analysis is scheduled to release the US third-quarter GDP data on December 23rd. (Caixin)