UBS: Predicts S&P 500 Index End-of-Year Target of 7700 in 2026

On November 20th, the Aptos-based full-chain transaction engine Decibel officially launched its testnet. Constructed by the Decibel Foundation and Aptos Labs on the Aptos high-performance infrastructure, this protocol aims to provide a new execution and risk control framework for programmable and composable on-chain transaction scenarios. The testnet has already supported multiple core capabilities, such as sub-second transaction execution, a full-chain risk engine developed in collaboration with Gauntlet, programmable order flow, an encrypted mempool, gas-free cross-chain deposits, batch orders, sub-accounts, as well as real-time price data and risk monitoring based on Chainlink. In addition, the Decibel testnet has concurrently opened a backend transaction API that contains developer code, enabling developers to build programmable transaction applications and receive transaction fee splits through developer code. Currently, users are able to participate in testing, experience relev

On November 20th, according to the monitoring of on-chain analyst Wu Jinyu, the "Whale" avoided liquidation by accumulating WBTC and ETH through a leveraged loan approach. In the past two days, it has forcefully sold 18,517 ETH (worth $56.45 million), resulting in a loss of $25.29 million. After the ETH liquidation, the remaining 1,560 WBTC is also facing a significant unrealized loss. With a cost price of $116,762, it leads to a loss of $41.12 million.

On November 20th, Michael Gapen, an analyst at Morgan Stanley, stated that the strong employment situation has reduced the risk of an increase in the unemployment rate. He no longer anticipates that the Fed will cut interest rates in December. Currently, it is expected that there will be three rate cuts in January, April, and June of next year, and the final rate expectation is maintained at 3-3.25%. (FXStreet)

On November 20th, as per Bitcoin Magazine, US Representative Warren Davidson introduced the "Bitcoin for America" bill. The aim of this bill is to: · Enshrine the Strategic Bitcoin Reserve Executive Order. · Grant an exemption from capital gains tax when paying taxes using Bitcoin.

On November 20th, according to official channels, the Bitwise XRP ETF (XRP) has now been listed and is available for trading.

On November 20th, according to The Block, Coinbase has enlarged its on-chain lending product to incorporate Ethereum (ETH) as collateral. Qualified customers are able to borrow up to $1 million in USDC without the need to sell their cryptocurrency. This loan is supported by the Morpho lending protocol.