Huma Finance announced on its X platform that its Q2 airdrop tracking is now live, allowing users to check the number of tokens airdropped. More information will be released soon.

According to on-chain analyst Yu Jin, Multicoin Capital purchased 60,000 AAVE tokens via Galaxy Digital OTC four hours ago, worth $10.68 million. In the past month and a half, Multicoin Capital has accumulated purchases of 338,000 AAVE tokens, totaling $60.46 million, at an average price of $219, currently showing a paper loss of $13.5 million.

According to Coinglass, in the past 24 hours, a total of 98,877 people were liquidated across the network, with a total liquidation amount of $290 million. Of this, $155 million were long positions liquidated and $136 million were short positions liquidated. The largest single liquidation occurred in Hyperliquid - BTC-USD, worth $7.4111 million.

According to sources familiar with the matter, with the selection process for the new Federal Reserve Chair entering its final weeks, Kevin Hassett, director of the National Economic Council, has emerged as the leading candidate to take the helm of the Fed, according to White House advisors and Trump's allies. Sources, who requested anonymity, indicated that if Hassett is appointed, Trump will be placing a close ally he knows and trusts within the independent central bank. Some point out that Hassett is seen as the one capable of bringing Trump's interest rate-cutting philosophy to the Fed—an institution Trump has long sought to influence, now facing a historic turning point. However, they also cautioned that Trump is known for his unpredictable personnel decisions, and anything can change before the official nomination is announced. White House Press Secretary Karoline Leavitt stated in a statement: "No one can predict President Trump's decisions before he takes action. Stay tuned!" Fox News White House correspondent Edward Lawrence also stated that there is currently no frontrunner in the selection of the next Fed Chair. A senior U.S. official confirmed that the final list of candidates has not yet been submitted to the White House. The selection of the Federal Reserve Chairman and Governors has historically been the most direct way for a president to influence the central bank. During his first term, Trump nominated current Chairman Jerome Powell, and when Powell failed to implement rate cuts as expected, the president deeply regretted his decision. Hassett is highly aligned with Trump on economic policy, with both believing further rate cuts are necessary. He declared to Fox News on November 20 that if he were in charge of the Fed, he would "cut rates right now" because "the data supports that decision." The economist also criticized the Fed for failing to effectively control inflation in the later stages of the pandemic. As news of Hassett's leading position spread, the US Treasury market rose, with the 10-year Treasury yield falling below 4% for the first time this month. The Fed has long served as Trump's "policy punching bag," and the Republican has repeatedly criticized Powell's rate-cutting actions as "seriously lagging," even publicly considering removing him from office. Trump has also accused the Fed of extravagant renovations at its campus, and the White House is currently embroiled in legal proceedings regarding Trump's attempt to remove Fed Governor Lisa Cook. These pressures are now mounting on Treasury Secretary Scott Bessent, who is leading the selection process—he must carefully balance a candidate who supports significant interest rate cuts while also gaining the trust of both the president and financial markets. After keeping interest rates unchanged for most of 2025, the Federal Reserve began cutting rates this fall, lowering the benchmark rate by 25 basis points twice in September and October. However, growing disagreements among officials regarding the outlook for inflation and the job market have made the possibility of further rate cuts at the December meeting uncertain. Bessent told CNBC on Tuesday that Trump is highly likely to announce his nominee for Fed Chair before Christmas on December 25. Trump himself has also hinted that the selection process is nearing completion, stating on November 18 that he "had someone in mind," but without revealing a specific name. Back in September, Trump indicated that Hassett, former Fed official Kevin Warsh, and current Governor Christopher Waller constituted the final three candidates. "President Trump learned firsthand during his first term how crucial it is to have those who understand his governing direction in key positions such as FBI Director and Federal Reserve Chairman," former White House Press Secretary Sean Spicer admitted. "It's hard to imagine him appointing someone with whom he has a strained personal relationship to succeed Powell." (Jinshi)

Dell raised its AI server forecasts after booking $12. 3 billion in Q3 orders and expects strong demand to continue through 2030. source: https://www.cryptopolitan.com/dell-raises-annual-ai-server-outlook/

According to Onchain Lens monitoring, Arthur Hayes (0x6cd...7e21) purchased 105,000 PENDLE tokens from Flowdesk, worth $260,500. Yesterday, Arthur Hayes deposited $3.04 million in USDC into Kraken, Wintertermute, Cumberland, and Flowdesk.

According to ChainCatcher, Beimnet Abebe, Head of Credit Trading at Galaxy Digital, expressed in an interview that the peak of the current market cycle is likely established. He noted that in the short term, prices are unlikely to return to the $120,000 to $125,000 range. At present, the $90,000 mark is expected to pose significant resistance.

According to CME's "FedWatch": the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 84.9%, and the probability of keeping rates unchanged is 15.1%. The probability of the Fed cutting rates by a cumulative 25 basis points by January next year is 66.4%, the probability of keeping rates unchanged is 11.1%, and the probability of a cumulative 50 basis point rate cut is 22.6%. (Jinshi)

The market is certainly trying to recover, but there is a good possibility that it will not happen as soon as anticipated. source: https://u.today/crypto-market-prediction-xrp-rockets-13-on-heavy-multimillion-flow-ethereum-eth-hit-with-mini-death

Bonk rallied 13%, largely driven by increased whale demand for the memecoin. source: https://ambcrypto.com/from-sell-off-to-surge-bonk-breaks-out-as-whales-return-in-force/

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2890, providing you with the latest and fastest news on the digital currency and blockchain industry.

Privacy, Cryptocurrency, Zcash, Privacy Correction - Golden Finance: The reason why cryptocurrency makes everything open and transparent is simple.

Zero-knowledge proofs (ZKPs) are poised to become a new pillar of trusted AI and digital identity, providing individuals and organizations with a secure and transparent way to interact across platforms and boundaries.

AA may completely change the way we interact with Web3, and the future history may be divided into "before AA" and "after AA".

Recommended reading tonight: 1. Why did Enlivex, which received a call from the former Italian Prime Minister, choose Rain as its DAT?; 2. The "rise and fall" of tokenized gold; 3. Will Bitcoin go to zero?

Meta is talking with Google about using its TPUs in AI data centres and possibly renting them next year, aiming to reduce reliance on Nvidia GPUs. The news caused Nvidia shares to fall and could boost Google’s TPUs as a serious alternative in AI hardware.

Neobank giant Revolut has reached a stunning $75 billion valuation following a private share sale backed by some of the world’s largest investment firms — a milestone that cements its position as one of the highest-valued fintech companies globally.

USDT, stablecoins, gold, Tether: HSBC and Bank of America recruited traders for trading signals. $5000: The "East Rise, West Fall" moment for tokenized gold. Golden Finance: Why is gold so important in this cycle?

The U.S. Treasury Department bypassed the Federal Reserve and carried out structural reforms to the U.S. monetary system, forcing the private sector to buy government bonds and potentially temporarily solving the fundamental problem of deficit financing.

On November 21, 2025, Cardano suffered its most serious technical failure in nearly a decade, when a single flawed delegation transaction triggered a rare chain split—effectively causing the blockchain to divide into two competing versions of itself.