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[Coinbase Perpetual Contract Scheduled to Launch ASTER on November 26] Coinbase announced that the perpetual contract is scheduled to launch ASTER on November 26.
[JPMorgan Expects Dollar Weakness by 2026, but Rate Hike Bets Could Be a Variable] JPMorgan predicts that the United States' loose monetary and fiscal policies will lead to a weaker dollar next year, forecasting a decline of about 3% in the dollar by mid-2026 before stabilizing. The drop against high-yielding currencies such as the Australian dollar and Norwegian krone could be even greater. However, JPMorgan warns that accelerated market bets on future rate hikes could challenge this forecast. JPMorgan's currency strategy team turned bearish on the dollar in March and has maintained this stance, citing factors such as upcoming rate cuts in the coming months, increased government spending, tax cuts under the 'Big and Beautiful' Act, and concerns over government intervention in Federal Reserve decisions as supporting their view.
[South Korean Man Operating Fake Securities Platform Launders $2.9 Million, Sentenced to 8 Years in Prison] On November 26, the Gwangju District Court in South Korea sentenced a man to 8 years in prison for operating a fake securities trading platform and laundering $4.2 million in illegal proceeds through cryptocurrency. The court stated that the platform defrauded 116 victims, and the man's accomplices used company accounts and private wallets to repeatedly convert $2.9 million from investors into cryptocurrency to complete the money laundering.
[Bitcoin Spot ETF November Outflows Hit Record $3.7 Billion] In November, U.S.-listed Bitcoin spot ETFs saw outflows of $3.7 billion, setting a new monthly record, surpassing February's $3.6 billion. Bitcoin's price has dropped over 35% from its October peak of $126,000, hitting a low of $80,000 on November 21, the lowest since April. Ethereum-related ETFs saw outflows of over $1.6 billion during the same period. The total global crypto asset market value fell below $3 trillion last week, marking the first time since April.
[Coinbase Announces Launch of Irys (IRYS) Spot Trading] Coinbase has announced the launch of Irys (IRYS) spot trading. If liquidity conditions are met and trading is supported, the IRYS-USD trading pair will be available later today.
Binance PARTI/USDT's perpetual trading volume surged 6 times within 10 minutes, with a turnover of $404 million in the past 24 hours, a decrease of 6.61% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world