On November 6, CME FedWatch data showed that the probability of the Federal Reserve keeping interest rates unchanged in December was 31.3%, and the probability of raising interest rates by 25 basis points was 68.7%. The probability of the Federal Reserve keeping interest rates unchanged until January next year is 27.0%, the probability of a cumulative rate hike of 25 basis points is 63.6%, and the probability of a cumulative rate hike of 50 basis points is 9.5%.

Hyperliquid Strategies subsidiary has applied to become a Futures Commission Merchant (FCM). Upon approval, the subsidiary will host US client accounts for licensed HIP-3 markets on Hyperliquid.

The state of Arkansas has accused prediction market platform Kalshi of claiming the platform was legal and safe while concealing the risks of professional traders and insider trading, and of allowing users under the age of 21 to use its products. The state of Arkansas is seeking to recover unpaid taxes by Kalshi during its operations in the state, and is also seeking civil penalties under state law for each violation, up to $10,000. (Source: Bitcoin.com News)

US President Trump said he is very close to resolving the Russia-Ukraine conflict and will reach a major agreement involving the whole of Europe.

Former FBI Agent Patrick Steven Yaroch Pleads Guilty to Stealing $2.47 Million in Cryptocurrency. Former FBI agent Patrick Steven Yaroch pleaded guilty on November 5 to wire fraud and money laundering charges. Prosecutors allege that Yaroch used wallet credentials collected during FBI investigations to steal approximately $2.47 million in cryptocurrency. Yaroch used credentials related to 35 independent investigations to make approximately 100 fraudulent transfers. Affected wallets included those of the investigated parties, those controlled by hostile state actors, and at least one wallet created by the FBI for operations. His actions damaged numerous investigative and intelligence sources and means. Yaroch is scheduled to be sentenced on March 4, 2027, and faces a maximum sentence of 20 years in prison.