JD Vance: Democratic Senator Chuck Schumer's Political Career May Be Over Due to Government Shutdown He Led

November 14th: Against the backdrop of a sharp downturn in overall sentiment, Bitcoin officially dipped below $100,000 on Thursday, hitting a low of $98,000. This represents a drop of over 20% from its peak of $125,000, re-entering the territory of a technical bear market. Analysts at BiyaPay pointed out that this round of correction was jointly triggered by the cooling of "Fed rate cut expectations" + the sell-off of tech stocks + weak ETF inflows, resulting in the weakening of the core support and the continuous deterioration of market sentiment. In the derivatives market, the trading volume of protective put options in the range of $90,000 to $95,000 has surged. Institutions are positioning for a greater risk of a pullback. Analysts believe that the next key support level for Bitcoin lies in the range of $80,000 to $85,000. If it breaks below this level, it will open up more downside potential. For BiyaPay users, when uncertainty is gradually subsiding and the market is entering a

On November 14th, as per CNBC, it is reported that Alibaba Group's cross-border e-commerce department is planning to launch an AI-powered subscription service and is collaborating with JPMorgan Chase to test a "stablecoin-like" payment method in order to enhance the efficiency of cross-border settlement. The report suggests that this payment tool may be employed for international trade and service transactions, with the aim of reducing the uncertainties brought about by exchange rate fluctuations and shortening settlement periods.

November 14th. The official account of the BNB Chain retweeted regarding the launch of Renaiss Protocol. This project stands as the first platform within the BNB ecosystem to standardize physical trading cards authenticated by the internationally recognized organization PSA and integrate them into the TCG RWA model liquidity infrastructure. Renaiss is currently conducting limited Alpha testing on the BSC. Users have the ability to use the blind box feature to draw institutionally PSA-authenticated and rated physical Pokémon cards. Each card will generate a corresponding ownership certificate NFT, and users can choose to immediately buy back or freely trade on the on-chain marketplace. Additionally, the official Discord community has been opened to offer users the latest activities and educational information. According to Renaiss's official announcement, the Closed Beta will be launched in mid to late November, accompanied by more data and feature updates.

On November 14th, the founder of Liquid Capital (formerly LD Capital), Daniel Yan, stated: "At present, the panic has reached its apex. I truly comprehend everyone's discussions about the 4-year cycle and various daily, weekly, and yearly trends. Nevertheless, we firmly believe that the current situation presents the best opportunity to purchase spot positions and we are optimistic about the future market. When everyone else is panicking, we should be greedy. Even if we were correct ten times before, it does not guarantee that we will be correct the next time. But in the fields of investment and trading, always have faith in your own logic. Our sharing and operations will not be influenced by market information." "In the crypto world, one day is equivalent to ten years in the human world. In reality, it has only been a little over a month since coming down from the peak. However, in a situation where all the bad news has been disclosed, buying is a better option than selling."

On November 14th, the crypto investment firm Lattice Capital launched the crypto funding platform Fundraise.fun. This platform enables entrepreneurs to input their tracks and fundraising stages in order to match with investors and obtain similar transaction and industry trend information. Currently, the platform is still in the testing stage.

On November 14th, Anne Walsh, the Chief Investment Officer of the $357 billion asset management firm Guggenheim Partners, indicated that considering the growing evidence of parts of the economy slowing down, the Federal Reserve might cut interest rates once again in December. Walsh pointed out that the company is closely observing the "bifurcated economy" - in which low-income consumers and small businesses seem to be facing difficulties while the wealthy and large corporations are flourishing. "This has given rise to this kind of two-speed economy. The Beige Book truly reflects the overall economic state, and (the economy) has indeed become increasingly softer." These indications of softness may lead the Federal Reserve to adopt a lower neutral interest rate (perhaps around 3%) and carry out further rate cuts. "We will also witness more rate cuts in 2026."