According to Odaily, recent data on the United States' personal consumption expenditures met expectations, bolstering market optimism for a potential interest rate cut by the Federal Reserve in December. This anticipation has led to a slight increase in gold prices during the early Asian trading session. Analysts from ANZ Bank highlighted in a research report that the overall market performance was subdued overnight due to the Thanksgiving holiday in the U.S. Currently, the commodities market estimates a 70% probability of a 25 basis point rate cut in December, up from 56% a week ago. In addition to economic factors, geopolitical tensions in Europe have also influenced market dynamics. Analysts noted that the demand for safe-haven assets has been bolstered following a missile attack by Russia on Ukraine, which has heightened geopolitical tensions across the continent. This situation has contributed to the increased interest in gold as investors seek to mitigate risks associated with geopolitical instability. The combination of these economic and geopolitical factors continues to shape market expectations and investor behavior as the year progresses.

According to Cointelegraph, Japanese investment firm Metaplanet is set to raise over $62 million (9.5 billion Japanese Yen) through a stock acquisition plan aimed at increasing its Bitcoin holdings. Currently, the firm's treasury holds 1,142 Bitcoin, valued at over $109 million. In a statement released on November 28, Metaplanet announced its intention to issue a 12th Stock Acquisition Rights to EVO Fund, an investment management firm based in the Cayman Islands, through a third-party allotment of 29,000 units. The company emphasized that the majority of the funds raised will be strategically allocated for purchasing additional Bitcoin. Metaplanet has expressed its strategy to utilize debt and periodic stock issuance to systematically increase its Bitcoin holdings while mitigating exposure to the depreciating yen. The firm highlighted Bitcoin's growing prominence, noting its all-time high of $99,645.39 on November 22, and contrasted this with the ongoing depreciation of the Japanese yen, which saw the USD/JPY exchange rate return to the 154 level on the same day. Metaplanet recognizes the urgent need to increase its Bitcoin holdings under these circumstances and has decided to proceed with the fundraising initiative. If approved under Japan’s Financial Instruments and Exchange Act, the stock acquisition is scheduled to run from December 16 to June 16, 2025. Should Metaplanet successfully raise the full $62 million, it could potentially purchase approximately 652 additional Bitcoin at the current price of $95,000. In light of these developments, Metaplanet has decided to put its metaverse-related business plans on hold, citing a lack of profitability prospects. Instead, the firm is incorporating the purchase and holding of Bitcoin as part of its corporate treasury strategy. In October, Metaplanet completed its 11th Stock Acquisition Rights, raising a total of $66 million (10 billion Japanese yen), which was also allocated to purchasing Bitcoin. The firm initially announced its plans to buy Bitcoin in April. Metaplanet's stock price has seen a significant increase of 1,365.63% over the past year, currently standing at about $15.60 (2,345 Japanese yen), according to Google Finance. However, it remains below its all-time high of $2,521.76 (379,000 Japanese yen) set on February 22, 2013. A growing number of other firms have also added Bitcoin to their balance sheets this year. Notably, YouTube alternative Rumble confirmed plans to buy Bitcoin on November 25, and artificial intelligence firm Genius Group purchased 110 Bitcoin for $10 million on November 18. Tech solution provider Semler Scientific acquired an additional 215 Bitcoin for $17.7 million in cash between November 6 and 15, increasing its total holdings to 1,273.

Gifto 官方于 X 平台发文表示：“已注意与 GFT 合约相关的严重安全事件。GFT 代币合约已遭入侵，并且已发行更多 GFT 代币。我们正在调查，我们确实了解此事的严重性，并向您保证我们正在采取必要措施。我们要求所有上市 GFT 的交易所停止交易该代币。我们正在努力解决此问题。” 此前消息，在币安宣布将于 12 月 10 日下架 Gifto（GFT）后，Gifto 项目方增发 12 亿枚 GFT 并转入多个交易所。

据GMGN数据，受马斯克回复影响，Meme 币 OPUS 1 小时涨幅 143%，现报 0.056 USDT，市值 5600 万美元。 Odaily 提醒用户，Meme 币价格波动较大，请投资者谨慎参与。

1. 以太坊基金会研究员：以太坊基金会正在向zkVM投资数千万美元； 2. ARK Invest：比特币年底前最高可能达到12.4万美元； 3. Bithumb将在韩元市场上线VIRTUAL； 4. jump.fun：今日起启动捐赠退款流程、用户损失补偿流程； 5. 一用户已成功说服AI机器人Freysa转移4.7万美元奖金； 6. Cetus：符合条件的xCETUS持有者将获得Bluefin代币空投； 7. BURNGMT.com锁仓即将突破2亿枚； 8. CNP创始人ikehaya所发布virtuals代币YUI市值触及400万美元； 9. Cardano创始人预测比特币DeFi将在3年内主导加密货币； 10. Ansem：顶级Virtual生态系统代币极有可能在Coinbase上市。

According to CoinDesk, XRP experienced a notable increase of over 5% in the past 24 hours, leading gains among major cryptocurrencies. This rise occurred during the Thanksgiving holiday, a period when bitcoin (BTC) managed to avoid a historically feared market downturn, instead showing a slight increase. BTC was trading above $96,000 early Friday, recovering from Thursday's low of $93,500. Meanwhile, other major cryptocurrencies such as Ether (ETH), Solana’s SOL, and BNB remained relatively stable. Cardano’s ADA saw a 3.5% increase, whereas dogecoin (DOGE) experienced a 1.2% decline. The CoinDesk 20 (CD20), a liquid fund tracking major tokens, recorded a 1.3% increase. In the midcap sector, Algorand’s ALGO and Worldcoin’s WLD surged by as much as 21%, despite the absence of immediate catalysts. These movements in the crypto market coincided with significant developments in the foreign exchange market, particularly involving the Japanese yen. The yen briefly surpassed the 150 mark against the U.S. dollar, driven by expectations of a potential Bank of Japan (BOJ) rate hike in December. This anticipation was fueled by higher-than-expected inflation data from Tokyo. The yen's movement was likely intensified by month-end financial adjustments and reduced liquidity due to the Thanksgiving holiday. Market sentiment currently suggests a 63% probability of a BOJ rate increase, contrasting with a 67% likelihood of a Federal Reserve rate cut, which could diminish the appeal of yen carry trades. The yen is often regarded as an "anti-risk" currency, serving as a safe haven for investors during periods of market stress. Its strong performance at the end of July and September previously triggered the unwinding of carry trades, which are bullish risk-on bets financed by relatively inexpensive yen-denominated loans. As borrowing the Japanese currency became more costly, these trades were unwound. A recent CoinDesk analysis indicated that bitcoin's bullish momentum has weakened, with the Australian dollar/yen exchange rate declining, signaling a risk-off sentiment. The Australian dollar, closely tied to global economic health, and the yen typically have an inverse relationship with risk assets like BTC. This situation mirrors a previous instance when rumors of a BOJ rate hike led to a yen surge, resulting in an 8% drop in the AUD/JPY exchange rate and a $20,000 decrease in BTC, highlighting the potential impact of foreign exchange movements on cryptocurrencies.

The incoming heads of the newly established Department of Government Efficiency (D.O.G.E.) have an ambitious plan of slashing federal agencies’ spending by $2 trillion, locking in its crosshairs several agencies for sweeping budget cuts. Related Reading: Storm Ahead? Bitcoin Price Could Tumble 20% Due To M2 Supply Concerns One of the D.O.G.E. leaders, Tesla CEO Elon Musk, said that he targets... source: https://www.newsbtc.com/news/elon-musks-d-o-g-e-targets-the-irs-taxman-in-the-crosshairs/

The post Coinbase to End USDC Rewards in Europe Amid Regulatory Changes appeared first on Coinpedia Fintech News Coinbase has announced that it will stop offering USDC rewards to users in the European Economic Area (EEA) starting December 1. This change is linked to the upcoming Markets in Crypto-Assets (MiCA) regulations, which aim to create a unified legal framework for digital assets across... source: https://coinpedia.org/news/coinbase-to-end-usdc-rewards-in-europe-amid-regulatory-changes/

Mining Companies PP&E 2024 spending hits $3.6B YTD, driven by hardware upgrades and infrastructure expansion, marking the highest investment since Q1 2022. source: https://coincu.com/294314-mining-companies-ppe-2024-reaches-3-6b

According to Odaily, the AI-driven VCDAO token project ai16z, operating on the Solana blockchain, has announced a temporary shutdown of its website. This decision was made to facilitate necessary upgrades. The announcement was made on the X platform, highlighting the project's commitment to enhancing its digital infrastructure. The ai16z project, which leverages artificial intelligence to drive its operations, is part of the growing ecosystem on the Solana blockchain. This temporary closure is aimed at improving user experience and ensuring the platform's capabilities align with the evolving needs of its community. While the website is offline, the team behind ai16z is focused on implementing updates that will bolster the project's functionality and security. This move underscores the importance of continuous development and adaptation in the rapidly changing blockchain and AI sectors. By prioritizing these upgrades, ai16z aims to maintain its competitive edge and provide a robust platform for its users once the website is back online. The project has not specified a timeline for the completion of these upgrades, but stakeholders are encouraged to stay informed through official channels for further updates.

Dark Forest (DARK) is an Ethereum-based cryptocurrency with 5,000,000 tokens and 0 in circulation. Private transactions are offered, and further research is needed regarding its lack of circulating supply.