[Aluminum Prices Near Four-Week Low, Impacted by Weakened Fed Rate Cut Expectations] On November 18, aluminum and copper prices fell as investors awaited delayed U.S. economic data and expectations for a Federal Reserve rate cut next month gradually weakened. Ahead of key events this week, including the U.S. September non-farm payroll report, the industrial metals market saw a decline in risk appetite. Several Federal Reserve officials warned against further rate cuts at this time, dampening the outlook for commodity demand. Aluminum prices had reached a three-year high in early November, driven by strong demand from China and global supply pressures, but concerns over the U.S. economy and monetary policy have caused aluminum prices to retreat alongside other metal prices.

[An address increased holdings by 13,000 ETH within 12 hours, total holdings near 19,200 ETH] Monitoring data shows that an address increased holdings by 13,117 ETH in batches over the past 12 hours at an average price of $3,013.25, valued at approximately $39.52 million. Since November 15, the address has accumulated a total of 19,199.91 ETH, with a total value of approximately $58.705 million and an average cost of $3,057.78. Currently, there is an unrealized loss of approximately $1.59 million.

[Coinbase Official Account Bio Updated to 'December 17,' Sparking Community Speculation] Early this morning (UTC+8), Coinbase's official account bio was updated to 'December 17,' possibly hinting at the announcement of significant news regarding products or organizational structure. Some community members speculate it may be related to the issuance of the Base token. Coinbase CEO Brian Armstrong retweeted the relevant post. Previously, on November 8, Coinbase had used a similar tweet to tease the launch of its launchpad token sales platform.

[Binance Swap Adds USD Exchange Service] Starting from November 18 at 23:00 (UTC+8), Binance Swap will support USD exchange services. Users can trade USD against BTC, USDT, and other tokens without fees or start trading within one hour after USD goes live on spot trading.

[Goldman Sachs Asset Management Expects the Federal Reserve to Cut Rates Twice in 2026] On November 18, Goldman Sachs Asset Management released its 2026 Investment Outlook report, predicting that the Federal Reserve may cut interest rates twice in 2026 due to a weakening labor market. The report also noted that the European Central Bank is likely to keep interest rates unchanged for the foreseeable future, while the Bank of England may resume rate cuts in December due to improved inflation, a weak labor market, and potential tax increases. High inflation and strong growth in Japan may prompt the Bank of Japan to raise interest rates, with recent political changes and a shift away from loose fiscal policies further supporting this trend.