[Polymarket Predicts Probability of Fed Rate Cut in December Drops to 30%] According to Polymarket data, the probability of a '25 basis point rate cut by the Federal Reserve in December' has dropped to 30%, while the probability of maintaining rates unchanged has risen to 68%. The trading volume for related prediction events has reached $123.6 million.

[Cathie Wood's Ark Invest Buys Over $10 Million in Crypto-Related Stocks on Wednesday] Cathie Wood's Ark Invest purchased crypto-related stocks worth over $10 million through three ETFs at the close of U.S. markets on Wednesday. This included $17.7 million worth of Circle shares, $16.9 million worth of Bullish shares, and $7.6 million worth of BitMine shares. On Wednesday's close, Circle's stock price fell 8.98% to $69.72, Bullish dropped 3.63% to $36.39, and BitMine declined 9.6% to $29.18.

[Trump Warns Treasury Secretary Besent: Will Consider Replacement if Interest Rate Issue is Not Resolved] On November 20, during the Saudi-American Investment Forum, Trump discussed Federal Reserve Chairman Powell with U.S. Treasury Secretary Besent, stating that Powell is incompetent, interest rates are too high, and criticizing him for spending $4 billion to construct an office building. Trump demanded that Besent address the interest rate issue, otherwise, he would consider replacing the Treasury Secretary. Besent had previously suggested allowing Powell to serve out his term, while Commerce Secretary Howard Lutnick leaned toward dismissing Powell. Powell's term is set to end on May 15, 2026.

[Michael Saylor: Bitcoin Performance May Reach 1.5 Times That of the S&P 500 Index] Strategy Executive Chairman Michael Saylor stated that Bitcoin's volatility and growth have decreased from 80 to 50. He believes Bitcoin's volatility and performance may reach 1.5 times that of the S&P 500 Index.

[Basel Committee Chair Says Bank Cryptocurrency Rules Will Be Reassessed] Erik Thedéen, Chair of the Basel Committee on Banking Supervision, stated that global rules governing banks' exposure to crypto assets will be reassessed. He pointed out that the extreme risk weight of up to 1250% assigned to certain crypto assets in the current framework was established when the market was still immature. Major jurisdictions such as the United States and the United Kingdom have refused to adopt the Basel standards in their current form, highlighting issues of regulatory consistency. The existing rules classify permissionless blockchain crypto assets (including many stablecoins) as the highest risk category, originally set to take effect on January 1, 2026. Currently, the circulation of stablecoins is close to $300 billion and has gradually integrated into institutional payment mechanisms, putting pressure on regulators to reevaluate the associated risks.