Bitcoin Faces $13.3B Monthly Options Expiry as BTC Trades Well Below Max Pain

[U.S. Senator Claims JPMorgan Chase Closed Strike CEO's Account, Crypto Industry Under Pressure] U.S. Senator Cynthia Lummis posted on the X platform stating that JPMorgan Chase closed the personal account of Jack Mallers, CEO of Bitcoin financial company Strike, without providing an explanation. She remarked that this action is a continuation of the 'Operation Choke Point 2.0' targeting the crypto industry, undermining public confidence in traditional banking and pushing the digital asset industry overseas.

[Monad Airdrop User Loses $112,000 MON Reward Due to Failed Transactions] On November 25, a crypto airdrop participant exhausted approximately $112,700 worth of Monad (MON) airdrop token rewards by repeatedly submitting failed transactions, with all the tokens used to cover gas fees for the failed transactions. On-chain data indicates that the user may have used a script to send a large number of transactions in a short period, failing to notice that the initial failure caused all subsequent transactions to fail as well. Additionally, some Monad airdrop users have reported losing their rewards. SlowMist founder Cos pointed out that there is a vulnerability on the Monad airdrop claim page, allowing hackers to bind users' airdrops to their own wallet addresses. By hijacking the claim page session, hackers can redirect the airdrop to their addresses without requiring wallet confirmation. Multiple users have reported their airdrops being hijacked by hackers.

[Analysis Suggests the Federal Reserve May Cut Rates by an Additional 150 Basis Points Next Year] Joachim Klement, an investment strategist at the UK-based independent investment bank Panmure Liberum, stated that the Federal Reserve has recently been oscillating between 'dovish' and 'hawkish' stances, leaving investors uncertain about the prospects of aggressive rate cuts in the U.S. next year. However, the Federal Reserve faces political pressure to rapidly ease policy, and if the U.S. economy slows significantly, substantial rate cuts could become a response measure. Analysis suggests that the Federal Reserve may cut rates by an additional 150 basis points next year.

[The Fed's rate cut expectations impact gold and silver trends, the dollar approaches the 100 mark] The Fed's rate cut expectations continue to influence the market, with international spot gold and silver prices rising, and the dollar index approaching the 100 mark. In addition, Japanese authorities may face the risk of headwind intervention.

[China Asset Management (Hong Kong) to Launch Secondary Market Tradable Tokenized Fund] China Asset Management (Hong Kong) plans to bring more traditional assets on-chain and is currently exploring the tokenization of long-duration bonds, equity strategies, and other diversified strategy products. It aims to launch tokenized funds that can be traded in the secondary market, enabling nearly round-the-clock trading of fund shares. Additionally, China Asset Management (Hong Kong) disclosed that the total scale of tokenized money market funds denominated in HKD, USD, and RMB has reached HK$5.3 billion.