[ECB Governing Council Member Rehn: Pay Attention to Inflation Slowdown and December Rate Cut Risks] ECB Governing Council Member Rehn stated that the risk of an inflation slowdown should not be overlooked. Lower energy prices, a stronger euro, and a decline in wage and service sector inflation could lead to overall inflation falling below the ECB's 2% target. When asked whether another rate cut might occur in December, Rehn said this risk cannot be underestimated, while also emphasizing the need to monitor potential risks of inflation rising. He pointed out that despite the Trump administration's tariff policies disrupting global trade, the eurozone economy has shown resilience. He also warned of potential stock market correction risks and stressed the importance of bank capital buffers. Rehn believes that current stock prices are relatively high compared to the performance of the real economy and corporate earnings, and urged caution.

[Nic Carter: The concept of the crypto market 'four-year cycle' is outdated] Nic Carter, the father of smart contracts, posted on the X platform stating that the prediction of a 'worse situation' for the cryptocurrency market in 2025 is not alarmist. While there were still potential 'catalysts' during the market downturn in 2022, cryptocurrency has now lost attention, with artificial intelligence and Mag7 taking center stage. Retail investors have shifted their focus to data centers, quantum computing, and rare earth stocks. Weak market conditions, a lack of buyers, and prolonged DAT stagnation have rendered concepts like the 'four-year cycle' and 'alternative investment seasons' obsolete. At this stage, profits require genuine value creation, and the market faces significant challenges.

[The largest ZEC short position on Hyperliquid incurs a floating loss of $20 million, adds $5 million in margin] On November 16, HyperInsight monitoring revealed that the largest ZEC short position on the Hyperliquid platform has been held for over a month. Early this morning, the account transferred 5 million USDC to increase its margin. The 5x leveraged ZEC short position was opened at a price of $360, while the current ZEC price is $686, with a liquidation price of $1,084. The floating loss has risen to $20 million. Additionally, the address has also opened a 15x leveraged ETH short position worth $26 million, currently showing a floating profit of $7 million, with an opening price of $4,094.

[WisdomTree Executive Says Crypto Index ETFs Could Fill Market Gaps] Will Peck, Head of Digital Assets at WisdomTree, stated that ETFs holding diversified cryptocurrency portfolios could fill significant market gaps in the coming years and become one of the waves driving cryptocurrency adoption. He believes that multi-asset cryptocurrency baskets allow users to gain exposure to the entire industry while mitigating the idiosyncratic risks of investing in individual tokens. Several crypto index ETFs have already been launched this year. Asset management firm 21Shares announced on Thursday the launch of the 21Shares FTSE Crypto 10 Index ETF (Ticker: TTOP) and the 21Shares FTSE Crypto 10 ex-BTC Index ETF (Ticker: TXBC). Both provide broad investment exposure by tracking FTSE Russell cryptocurrency indices, with TXBC excluding Bitcoin.

On chain monitoring shows that CryptoHayes, co-founder of BitMEX, sold some ETH and ecological tokens. Five hours ago, he transferred 520 ETH (1.66 million US dollars), 2.624 million ENA (730000 US dollars), and 132000 ETHFI (120000 US dollars) to platforms such as Flowdesk, FalconX, and Wintermute; 50 minutes ago, 10 LDOs were transferred to Falcon X for testing, and it is expected that LDOs may continue to be sold in the future. At present, the flow of funds shows that CryptoHayes is increasing its position in ZEC. (Ashes)