Binance ADA/USDT's perpetual trading volume surged 17 times within 10 minutes, with a turnover of $120 million in the past 24 hours, an increase of 0.29% 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

[OKX Announces Delisting of PIGGYUSDT Perpetual Contract in 2025] According to the official announcement from OKX, the PIGGYUSDT perpetual contract will be delisted on December 7, 2025, at 16:00 (UTC+8).

[Clear Street Plans to Go Public as Early as Next Month with a Valuation of Up to $12 Billion] New York brokerage firm Clear Street is preparing for an IPO, expected to take place as early as next month, with Goldman Sachs leading the transaction. However, the deal may not be completed before January next year. The company's valuation is estimated to be between $10 billion and $12 billion. Clear Street holds significant influence in the cryptocurrency-related stock issuance sector, having underwritten Strategy's stock offering and served as the underwriter for Trump Media & Technology Group, which plans to raise billions of dollars to establish a Bitcoin treasury.

Over the past two weeks, more than 25000 bitcoins have flowed out of the exchange, and the specific reasons have not been disclosed. （Cointelegraph）

**[FT: U.S. Housing Crisis Drives Gen Z Toward Cryptocurrency and High-Risk Investments]** An article in the *Financial Times* points out that worsening housing affordability in the U.S. is reshaping Gen Z's financial and consumption behaviors. Some young people, finding the goal of homeownership increasingly unattainable, are reducing savings, losing motivation to work, and investing more frequently in high-risk assets such as cryptocurrency. Surveys show that young people who view homeownership as unrealistic are more inclined toward speculative investments, while those who believe they can buy a home in the future focus more on saving and planning. The article suggests improving housing supply through policies such as easing building restrictions and increasing affordable housing construction, while also enhancing financial literacy among young people to help them achieve their homeownership goals.