ETH gas fee reduced to $0.004, Where does L2 go from here?
[US President Trump: No Immediate Plans to Strike Iran] US President Trump stated that the US currently has no plans to strike Iran immediately, downplaying speculation about a potential escalation of the conflict after the midterm elections. Trump said he was satisfied with the current stalemate and was prepared to act if necessary. Trump claimed that energy prices would drop significantly after the midterm elections, that more oil is currently passing through the Strait of Hormuz than before the war, that the US blockade of Iranian ports is crippling Tehran's economy, and that indirect negotiations with Iran on the nuclear issue are continuing. (Source: Jinshi Data)
Polymarket's PM Derivatives LLC has received approval from the National Futures Association (NFA) to operate as a futures commission broker, but still needs approval from the Commodity Futures Trading Commission (CFTC) to conduct full-collateralized brokerage (FCM) business. PM Derivatives plans to operate on a fully collateralized basis, with all positions fully funded at the time of trade. PM Derivatives CEO Nikhil Joshi stated that this approval is a fundamental step for the company. An NFA spokesperson confirmed the approval and said that PM Derivatives has met all the requirements for FCM registration. (Source: Reuters)
[Kim Yo-jong: Binance Hack is an Extension of US Hostile Policy] Kim Yo-jong, Director of the General Affairs Department of the Workers' Party of Korea, issued a statement on the 4th, viewing the Binance hack as an extension of the US's hostile policy towards North Korea, and claiming that the US attempted to gain political advantage through the incident. Kim Yo-jong stated that dialogue is not necessarily in North Korea's national interest, and that North Korea has no need to sit down with hostile individuals, hinting at possible strong countermeasures. US President Trump stated that if North Korea was behind the hack, he would communicate with North Korea on the matter. (Source: Yonhap News Agency)
According to CME's "FedWatch" data, the probability of the Federal Reserve keeping interest rates unchanged in December is 21.1%, and the probability of raising rates by 25 basis points is 78.9%. The probability of the Federal Reserve keeping interest rates unchanged by January next year is 15.3%, the probability of raising rates by a cumulative 25 basis points is 63.0%, and the probability of raising rates by a cumulative 50 basis points is 21.8%.
Iran demanded that the United States respond to seven conditions and stated that there has been no new progress in the Iran-US negotiations. Qatar stated that the US and Iran are studying mediation options and both sides remain willing to continue negotiations. US President Trump indicated that he does not rule out military action against Iran after the midterm elections. (Source: CCTV)