According to BlockBeats, the number of initial jobless claims in the United States for the week ending November 23 was reported at 213,000. This figure came in slightly below the anticipated 216,000 claims. The previous week's data was revised from 213,000 to 215,000. The latest jobless claims data indicates a stable labor market, with the number of claims remaining relatively low. This suggests that the U.S. economy continues to maintain its resilience despite various economic challenges. The slight decrease in claims compared to expectations may reflect ongoing strength in employment, as businesses appear to be retaining their workforce. Economists closely monitor jobless claims as an indicator of labor market health. The lower-than-expected claims could signal positive trends in employment, potentially influencing economic policy decisions. As the labor market remains a critical component of economic stability, these figures are essential for understanding broader economic conditions. Overall, the data highlights the importance of tracking employment trends to gauge economic performance. The consistent level of jobless claims suggests that the U.S. labor market is holding steady, providing a foundation for economic growth.

According to BlockBeats, on November 27, monitoring by Trader T revealed that BlackRock's IBIT pre-market trading volume reached $169 million. Of this total, 54% consisted of active buy orders, while 36% were active sell orders. This data highlights significant trading activity in the pre-market session, indicating a strong interest in BlackRock's IBIT offerings. The figures suggest a predominance of buying interest, which could reflect investor confidence or strategic positioning in the market. The remaining percentage of the trading volume was not specified, leaving room for other types of transactions or orders that may have been executed during this period. This level of activity underscores the dynamic nature of pre-market trading and its potential impact on market trends and investor strategies.

According to PANews, billionaire Elon Musk has called for the abolition of the Consumer Financial Protection Bureau (CFPB), highlighting potential new threats to the regulatory agency under the Trump administration. Musk made his remarks on a social media platform, stating, "Delete the CFPB, there are too many redundant regulatory agencies." His comments are noteworthy as he aligns with the Trump administration's efforts to streamline government operations by reducing federal bureaucracy and cutting government spending. The CFPB was established in the aftermath of the 2008 financial crisis to oversee certain aspects of the financial industry that interact with consumers. Since its inception, the agency has faced numerous legal challenges, often criticized by Republican and business advocacy groups. Musk's stance adds to the ongoing debate about the role and necessity of the CFPB, as it continues to be a focal point of contention between different political and business interests.

According to U.Today, Samson Mow, CEO of JAN3 and a prominent Bitcoin advocate, has reiterated his prediction that Bitcoin will reach the $1 million mark in the near future. Mow referenced the movie "The Big Short," which highlights the financial crisis that led to Bitcoin's creation, to emphasize his forecast. Despite Bitcoin's recent 6.35% decline after hitting a new peak last Friday, Mow remains optimistic about its potential to surpass $100,000 soon. Mow addressed the global Bitcoin community through a tweet, reaffirming his $1 million Bitcoin price prediction within the next year. He expressed confidence in Bitcoin reaching "$0.1M then $1.0M," quoting "The Big Short" to underline his point. The movie, based on true events, depicts traders like Michael Burry who profited from the 2008 mortgage market collapse. Currently, Bitcoin is trading at $93,500, having recovered some losses following an 8% drop on Monday. Mow also mentioned a "Black Friday Bitcoin sale," encouraging the community to buy Bitcoin during the dip. Michael Saylor, another well-known Bitcoin supporter, announced plans for a $100,000 Bitcoin party at his home in December 2024, anticipating Bitcoin will reach this milestone by then. Meanwhile, Charles Edwards, founder and CEO of Capriole Investments, shared his views on why Bitcoin has not yet surpassed $100,000. He cited the recent 25% drop in MSTR shares and noted that many traders are currently selling Bitcoin. Edwards believes that the general public, or "nocoiners," are not mentally prepared for Bitcoin to exceed $100,000, describing this price level as "the biggest sell wall ever." However, he remains confident that Bitcoin will eventually break through this barrier and predicts that once it does, the next $100,000 increase will occur rapidly.

According to U.Today, renowned financial expert and author Robert Kiyosaki, known for his book 'Rich Dad Poor Dad,' recently addressed his followers on the X platform, formerly known as Twitter, regarding the upcoming Thanksgiving Day in the U.S. In his message, Kiyosaki expressed gratitude to his followers and shared insights on a key quality necessary for achieving wealth. He emphasized the importance of being a life-long learner as a crucial trait for successful entrepreneurship and financial prosperity. Kiyosaki's message comes shortly after he made a bold prediction about Bitcoin's future value. He forecasted that Bitcoin would reach $500,000 by 2025, a prediction he attributed to artificial intelligence analysis. This statement followed Bitcoin's recent performance, where it nearly surpassed the $100,000 mark, reaching an all-time high of $99,655. Despite this peak, Bitcoin experienced a decline of approximately 9%, dropping to $90,990. However, it has since rebounded slightly, trading at $93,190. Kiyosaki is among the group of Bitcoin enthusiasts who anticipate the cryptocurrency's value to eventually soar to $1 million or more. He aligns with Michael Saylor's prediction that Bitcoin could reach $13 million in the next decade, potentially capturing a significant portion of the market share from gold. Kiyosaki has expressed his intention to follow Saylor's strategic approach to Bitcoin investment, albeit on a smaller scale compared to Saylor's company, MicroStrategy.

According to PANews, Jeremy Allaire, co-founder and CEO of Circle, announced that EURC, the Euro stablecoin, has become the largest Euro stablecoin in the market, experiencing significant growth this year. This expansion is attributed to the clear and equitable regulatory environment in Europe, which has facilitated the increase in on-chain transaction volumes, foreign exchange use cases, and the number of exchanges and wallets supporting EURC. Together with USDC, EURC is advancing the development of the crypto payment and trading ecosystem.

According to U.Today, Stellar (XLM) has experienced a notable price rebound, with its value increasing by 16% over the past 24 hours. This surge marks a significant recovery for Stellar, which had previously seen its price dip by 16% in the last two days, reaching a low of $0.414. The recent price increase has positively impacted Stellar's market capitalization, which now stands at approximately $4.25 billion. This growth has elevated Stellar to the 13th position in the cryptocurrency rankings, surpassing Shiba Inu, which now holds the 15th spot. The rise in Stellar's price coincides with a broader recovery in the cryptocurrency market. Bitcoin, for instance, has been retesting the $94,000 level after dropping to lows of $90,742. This market advancement comes as investors digest the latest Federal Reserve meeting minutes and anticipate key economic data due this week. The Federal Reserve's minutes, released on Tuesday, indicated that future interest rate decreases are likely, albeit gradually. This follows the Fed's recent policy meeting earlier this month, where it reduced its benchmark lending rate by a quarter point from 4.50% to 4.75%. Stellar's price action has seen a rise from lows of $0.418 to $0.531 in today's trading session. This rebound follows a two-day decline after profit-taking from November 24 highs of $0.6389. At the time of writing, XLM was up 10% in the last 24 hours to $0.50 and had increased by 94% over the week. Stellar has been on a bullish run since the start of November, driven by positive market sentiment, profit redistribution from Bitcoin, and a bullish golden cross signal. Over the past 30 days, Stellar has surged by an impressive 429%. During this surge, XLM broke past crucial resistance levels, particularly its daily SMA 50 and 200, gaining bullish momentum. If this trend continues, a major breach of the yearly high at $0.6389 could trigger a move to $0.70 and, in the long run, potentially reach the $1 mark. However, traders should remain cautious of potential pullbacks, with support levels identified at $0.44 and $0.41 in case of profit-taking.

According to CoinDesk, Bitcoin miner IREN experienced a significant stock increase of nearly 30% on Wednesday following an earnings conference call where executives revealed interest from an artificial intelligence (AI) firm and discussed the possibility of a Bitcoin dividend. The Sydney-based company has been approached by a large cloud service provider, known as a hyperscaler, to potentially host computing infrastructure at IREN's Sweetwater mining site in Texas. Co-CEO and co-founder Daniel Roberts mentioned that the hyperscaler, initially uninterested, has now shown interest, although he refrained from providing specific details due to ongoing negotiations and uncertainties. IREN is among several miners seeking to diversify revenue by hosting data centers for major tech companies, driven by the increasing demand for AI and high-performance computing (HPC). This strategic shift began earlier this year after Bitcoin's fourth halving event reduced mining rewards by 50%, impacting profit margins. Competitor Core Scientific initiated this trend by securing AI hosting deals worth billions, which boosted its stock price and encouraged others to follow suit. In July, IREN, formerly known as Iris Energy, appointed Morgan Stanley to explore monetizing its mining facilities for the AI data center market. Despite these efforts, IREN's share price had underperformed compared to peers, partly due to a short seller's claim that one of its sites was unsuitable for such operations. However, recent comments from the conference call appear to have positively influenced market perception, leading to the stock's outperformance on Wednesday. Executives also highlighted the potential for a Bitcoin dividend, driven by the cryptocurrency's surge to near-record highs. CFO Belinda Nucifora indicated that achieving positive operating cash flows could support investor distributions by 2025. This prospect is likely to be well-received by the market, as investors seek exposure to the rising Bitcoin price. Besides direct purchases, traders are exploring opportunities through exchange-traded funds or publicly traded companies like MicroStrategy and MARA Holdings, which are actively acquiring Bitcoin. IREN's ability to mine Bitcoin at a significantly lower cost of approximately $29,000, compared to the market price of around $96,000, presents an opportunity to accumulate BTC at discounted rates. Co-CEO Roberts emphasized the potential to generate Bitcoin at a $29,000 cash cost for investors, offering distribution either through physical coins or as cash flow, which he described as a powerful advantage.

A U.S. appeals court has ruled that the Treasury Department’s sanctions against the crypto mixer Tornado Cash were unlawful and an overreach of authority. In 2022, The Office of Foreign Assets Control’s (OFAC) sanctioned Tornado Cash – which allows users to obfuscate and anonymize their crypto transactions on the Ethereum (ETH) network – under allegations […] The post U.S. Court Sides With... source: https://dailyhodl.com/2024/11/27/u-s-court-sides-with-tornado-cash-and-overturns-sanctions-says-smart-contracts-not-property/

Backpack 中文官方 X 账号发布，“要跟 Solana 一起整事了，到时别忘了查看背包”。此前，Solana X 账号发布称，12 月 5-12 日“链上假期”即将开始。

Fracture Labs has sued Jump Trading, accusing it of running a "pump and dump" scheme with DIO tokens, allegedly manipulating the token's price for profit during FractureLabs' fundraising.