Gate News Bot News, on November 21, according to CoinMarketCap data, as of the time of writing, FOLKS (Folks Finance) is currently priced at 9.76 USD, with a rise of 56.98% in the last 24 hours, reaching a high of 9.90 USD and a low of 5.22 USD. The trading volume in the last 24 hours has reached 38.5 million USD. The current market capitalization is approximately 119 million USD, an increase of 43.2 million USD compared to yesterday. FOLKS recent important news: 1️⃣ **Folks Finance launches cross-chain lending market** Folks Finance recently launched a native cross-chain lending market, and this innovative feature significantly enhances the platform's cross-chain interoperability. Users can now seamlessly conduct lending operations across different blockchain networks, greatly increasing the platform's utility and appeal, with the hope of

PANews, November 21 news, according to OpenAI's announcement, the ChatGPT group chat feature is now officially available to users worldwide, applicable to all log in users, including Free, Go, Plus, and Pro subscription plan users. This feature had previously been piloted among early testers.

Golden Finance reported that the Asia-Pacific market opened lower on Friday, following a decline in U.S. tech stocks as investor hopes for a Fed rate cut in December weakened. Oracle (ORCL.N) and AMD (AMD.O) were among the first AI companies to see declines, while Nvidia (NVDA.O) also pulled back, closing down over 3%. Additionally, the delayed September jobs report released last night showed that the U.S. economy added 119,000 jobs, exceeding economists' expectations. According to CME FedWatch, investors currently estimate that there is about a 40% chance of a Fed rate cut next month, which is unfavorable for those betting on lower interest rates. Early market indications show that tech stocks in Asia are being affected, with the Nikkei 225 index dropping over 2% at the start, and SoftBank Group's stock falling 8%; in South Korea, the KOSPI index quickly widened its early losses to 4%, with Samsung Electronics down 5% and SK Hynix down 9%. (Jin10

ChainCatcher news, according to Jin10 reports, Fed's Paulson stated that when considering long-term monetary policy, one should focus on balancing Inflation and labor market risks.

Golden Finance reports that the U.S. regulated prediction market platform Kalshi has completed a $1 billion financing round, with a company valuation reaching $11 billion. This round of financing was led by existing investors Sequoia Capital and CapitalG, with participation from Andreessen Horowitz, Paradigm, Anthos Capital, and Neo. This valuation increase brings Kalshi closer to the valuation target of $12 billion to $15 billion sought by its competitor Polymarket. Additionally, just a month ago, Kalshi announced the completion of a $300 million financing round, achieving a valuation of $5 billion, highlighting investors' strong interest in the thriving prediction market sector.

Golden Finance reported that the U.S. Senate Agriculture Committee approved Trump's nominee for CFTC Chairman, Michael Selig, by a vote of 12 to 11. During the hearing, senators focused on whether the CFTC needs a larger budget for encryption regulation and the agency's independence and partisan balance. Selig stated that he would assess funding needs upon taking office and emphasized the need to establish a clear regulatory framework that protects investors and supports encryption innovation.

The Argentine House of Representatives investigation committee released a report accusing President Milei of providing key collaboration for the Libra project, resulting in a loss of $107 million. The report associates KIP Protocol, suggesting that the government is evading regulation. Milei denies the accusations and is currently undergoing a judicial investigation with the founder of Libra.

According to ChainCatcher news and Jin10 reports, the Fed's Goolsbee hinted that he is uneasy about the possibility of another rate cut at the December meeting. He stated that the decline in inflation "seems to be stalled" and warned that they might be heading in the wrong direction. An increasing number of policymakers are concerned about cutting rates too much while inflation remains high. The consumer price index rose by 3% in September, still above the Fed's 2% target. Goolsbee pointed out that despite the strong economy, there is unease about making significant cuts ahead of time.

Scott Rubner, an analyst at Citadel Securities, stated that the adjustment of the S&P 500 index paves the way for a year-end Rebound, with expectations that it will rise to 7000 points before the end of the year, driven by retail investor demand, institutional re-increases the position, and strong performance from Nvidia. He noted that seasonal factors will also help the stock market pump.

According to ChainCatcher news, Jin10 reported that Fed's Goolsbee stated that if the government could tell the central bank how to handle interest rate issues, Inflation would rise, and economic growth would slow down. He emphasized that the loss of independence by the Fed would be painful for him and the market.

Odaily News The Fed's Hamak stated that fluctuations are expected in the money market, and hopes to see more use of the Standing Repo Facility (SRF). Due to inflation, a certain degree of monetary policy tightening needs to be maintained. (Jin10)

According to ChainCatcher news, Jin10 reports that Fed's Harker stated that he has always anticipated a cooling labor market, and the latest data confirms this.

According to Jinse Finance, a recent poll reported by CCTV News shows that the American public is increasingly dissatisfied with Trump's economic policies, and overall economic sentiment has significantly worsened. In the survey, 76% of respondents believe that the economic situation in the United States is "poor," up from 67% in July. The majority of respondents indicated that living costs, including medical and housing expenses, continue to rise. Only 15% of respondents believe that Trump's economic policies have had a positive effect, while 46% believe these policies have worsened the economic situation.

PANews reported on November 20 that Plume, a modular Layer 2 blockchain centered around Real World Assets (RWA), announced on Wednesday that tokenization giant Securitize will expand its coverage in the global real world asset space by launching institutional-grade assets through Plume's Nest staking protocol. The asset launch plan will begin with related assets from Hamilton Lane and continue until 2026, aiming for a target capital scale of $100 million. As part of the deal, Bitcoin financial platform Solv plans to invest up to $10 million in Plume's RWA treasury, broadening Bitcoin-based yield products through regulated RWA exposure.

Odaily News Trump’s eldest son Donald Trump Jr. has invested in Thumzup Media Corporation, a social media company that holds a reserve of Crypto Assets, and announced the acquisition of the DOGE and Litecoin Mining company Dogehash. After the transaction is completed, Dogehash will become a wholly-owned subsidiary and will undergo a rebranding. In addition, Thumzup also disclosed that it held assets worth 52 million dollars as of the end of the third quarter. (PRNewswire)

Golden Finance reports that Google rose 3.2% with a market capitalization of 3.65 trillion dollars, slightly surpassing Microsoft and entering the top three in total market capitalization of US stocks.

Golden Finance reports that U.S. stocks opened collectively rising, with the Dow up 1.08%, the Nasdaq up 2.19%, and the S&P 500 index up 1.6%. Nvidia had a big pump of 5%, with Nvidia's third fiscal quarter revenue reaching $57 billion, a year-on-year rise of 62%; the fourth fiscal quarter revenue is expected to be around $65 billion, with market expectations at $62 billion. AMD rose nearly 4%, and AMD plans to build and operate AI infrastructure of up to 1 gigawatt (GW) in Saudi Arabia before 2030.

Odaily News Trump family encryption project WLFI co-founder Zach Witkoff posted on the X platform in response to reports of users' wallets being frozen and forced KYC, stating that the report is completely misleading, and WLFI has always supported community members who have suffered from phishing attacks.

PANews, November 20 news, according to Jin10 reports, institutional analysts evaluate the U.S. September non-farm: assessing the Fed's likelihood of a rate cut in December is very difficult. The market pricing is once again close to a 50% probability, and the beige book may become a deciding factor again, as there will be no new CPI or employment reports before the December meeting. For long-term interest rates, if the Fed guides the market's focus on a rate cut in January during the meeting, then the rate cut in December becomes irrelevant. Therefore, in my view, all the concerns surrounding whether to cut rates in December only matter to short-term interest rate traders.

Golden Finance reported that SoftBank will invest up to $3 billion in OpenAI's data center factory. (The Information)

Odaily News Crypto Assets lawyer Khurram Dara announced his candidacy for New York State Attorney General, where he will compete against "anti-Crypto Assets" opponent Letitia James. Khurram Dara stated that his campaign will end the New York State Attorney General's office's crackdown on the Crypto Assets industry, curb regulatory overreach, and reestablish New York as a thriving hub of innovation. According to New York State's nomination rules, Letitia James needs to secure 25% of the votes at the Republican National Convention in February 2026 or gather enough petition signatures to ensure she qualifies for the primary election. (Cryptoinamerica)

According to ChainCatcher news and reported by Jin10, Fed's Hamak stated that the financial system is in good condition, and households' financial situations are also good. However, he pointed out that lowering interest rates for risk management may increase financial stability risks.

Odaily News Wall Street investment bank JPMorgan stated that the market performance of Bitcoin treasury company Strategy has been relatively poor recently, and the recent market decline has led to increasing concerns that index provider MSCI may remove the company from key stock indices on January 15, 2026. Analysts believe that if MSCI removes Strategy, it could further impact the crypto market and exacerbate fluctuations, while losing the status as a major index component will also damage Strategy's reputation and raise doubts in the market about its financing capabilities in the stock and bond markets. (CoinDesk)

ChainCatcher news, HelloTrade, a blockchain-driven trading platform co-founded by former BlackRock digital asset team employees Kevin Tang and Wyatt Raich, announced the completion of a $4.6 million Series A funding round, led by Dragonfly Capital with participation from Mirana Ventures and support from angel investors. HelloTrade aims to provide global investors with access to U.S. asset investment channels through encryption technology, addressing the challenges overseas users face in purchasing traditional investment products such as U.S. stocks. The platform also offers perpetual futures trading services, providing users with asset exposure beyond the platform's cash. Kevin Tang previously served as a Senior Director at BlackRock's digital asset team, while Wyatt Raich held the position.

BlockBeats news, on November 20, according to CME's "Fed Watch" data, before the release of the US September unemployment rate and US Non-farm Payrolls (NFP) at 21:30 tonight, the probability of the Fed cutting interest rates by 25 basis points in December is 27.8%, while the probability of maintaining the current rate is 72.2%.

Affected by NVIDIA's earnings report, the US stock market and crypto market experienced fluctuations, with Ether briefly falling to $2,870. After the earnings report exceeded expectations, the market quickly rebounded, and the $2,800 area may become a support level. Retail investors sold, while whales continued accumulation, indicating that supply and demand are concentrating towards large investors.

Deutsche Bank analysts pointed out that the market's focus on the September non-farm report has been delayed, which may affect the decision to cut interest rates in December, especially in the current situation where the employment market's rise rate is low, and any signs of weakness are attracting attention.

The US Spot Bitcoin ETF ended five consecutive days of outflows on November 19, with a net inflow of $75.47 million, indicating potential signs of market stabilization after a prolonged period of selling. This rebound was primarily led by BlackRock's IBIT, which contributed $60.61 million in inflows, in stark contrast to the record outflow of $523.15 million on Tuesday (data from SoSoValue). Following closely was Grayscale BTC, which saw inflows of $53.84 million.

NVIDIA ( NVDA )'s third-quarter earnings report exceeded expectations and provided a strong outlook for the fourth quarter, driving significant pumps in stocks related to artificial intelligence ( AI ) and high-performance computing ( HPC ) in pre-market trading. This performance exceeding expectations helps alleviate recent market turmoil caused by the delayed release of U.S. employment data, weakened interest rate cut expectations, and Bitcoin prices falling 30% from historic highs. AI/HPC Bitcoin mining companies are the biggest beneficiaries of this impressive financial report. IREN (IREN)'s stock price rose over 8%, to around $50; Cipher Mining (CIFR)'s stock price increased by 11%, to over $16; and Hive Digital (HIVE)'s stock price rose over 6%, to $3.28. Broader technology stocks also rebounded, with Invesco QQQ rising over 1.5%, to $610; and Nvidia (NVDA)'s stock price rising over 5%. The strong performance of tech stocks supported the US Dollar Index (DXY), which returned above 100 points for the first time since November 5.

Fundstrat Chief Investment Officer Tom Lee stated that the bottom for ETH may have already formed. Previously, ETH tested the 2,800 USD support level and quickly rebounded to above 3,000 USD at the time of writing. Tom Lee told reporters during an interview with CNBC that he remains optimistic about Ethereum, as the network is undergoing significant innovations, including the creation of stablecoins, and Larry Fink and BlackRock's choice of Ethereum to tokenize real-world assets.

Research reports show that the world's largest Ethereum holder, BitMine, has unrealized losses of $3.7 billion, with each Ether losing $1,000, making it difficult to attract new investors. Existing shareholders are facing a Tied Up situation, and the overall net asset value of the digital asset treasury company has decreased.

Since April, the US stock market has experienced a severe fall, but executives of listed companies have actively bought back their own stocks during the market panic, creating a buying frenzy that provides some comfort to long positions. Against the backdrop of the decline in the S&P 500 index, the buying pace of insiders has reached its fastest in recent months, indicating their confidence in the market outlook.

Ark Invest increases its holdings in stocks like Circle, BitMine will release its financial report; Whale holds short positions on BTC with unrealized gains of $24 million; $3.1 million stolen from GANA Payment on BSC; BOB launches an Airdrop; Doppel secures $70 million in funding; Monad's public sale raises over $140 million.

Sweden's H100 Group released its interim financial report, becoming the first Bitcoin asset reserve company in the Nordic region, holding a total of 1,046 Bitcoins, with total assets reaching 1.25 billion Swedish Krona and cash holdings of 36.8 million Swedish Krona, with losses mainly caused by non-cash factors.

Ethereum founder Vitalik Buterin responded to Uber founder Travis Kalanick's views on food delivery tips, advocating for more transparent user interface design to protect user interests and avoid the hassle of hidden fees. Kalanick believes that tips are a profit-making tactic that exploits psychology.

RippleX Engineering Lead J. Ayo Akinyele and outgoing Ripple CTO David Schwartz discussed the future development direction of the XRP Distributed Ledger (XRPL), aiming to expand the application of XRP in the Decentralized Finance sector. RippleX is Ripple's developer division, focusing on building tools and infrastructure for the XRP Distributed Ledger. In an article on Wednesday, Akinyele pointed out that the application scope of XRP has covered tokenized assets, settlements, real-time value transfers, DAT, and most recently, the first pure cash American XRP ETF launched by Canary, reflecting the increasing status of XRP in the institutional market. Akinyele believes that this expansion will naturally raise questions about future incentive mechanisms and participation methods, such as whether XRPL supports a native staking mechanism.

Golden Finance reported that Bloomberg cited informed sources stating that a Chinese venture capital company has acquired a stake in ByteDance, valuing the company at $480 billion. According to reports, venture capital firm Today Capital has outbid several interested companies to acquire shares from ByteDance's early institutional investor, Bank of China. Initially, this batch of shares was priced at about $200 million, corresponding to a valuation of approximately $360 billion for ByteDance. However, with as many as seven institutions participating in the bidding, the price quickly escalated, and in the end, Today Capital, led by Chinese venture capital queen Xu Xin, purchased the shares for nearly $300 million at a company valuation close to $500 billion.

On Wednesday, as the overall cryptocurrency market fell, Ark Invest went against the trend by increasing its holdings in three cryptocurrency companies worth $39.6 million. An email disclosed that Cathie Wood's investment management firm Ark Invest purchased 463,598 shares of Bullish (BLSH), valued at $16.9 million at the close. The company also bought 216,019 shares of stablecoin issuer Circle Internet Group (CRCL) and 260,651 shares of Ethereum asset management company Bitmine Immersion Technologies (BMNR), valued at $15.1 million and $7.6 million, respectively.

Chainlink (LINK) continues to be affected by negative market sentiment in November. The selling pressure has caused its price to fall 50% from the peak of the last quarter. However, Grayscale and several analysts still maintain a bullish outlook. The decline over the past three months has also brought LINK back to its most important support level in the past two years. Grayscale is one of the largest investment firms in the digital asset space and recently released a highly optimistic research report on the LINK token. The report emphasizes Chainlink's role as the infrastructure layer for decentralized finance (DeFi) and asset tokenization. This report describes Chainlink as a middleware module that enables on-chain applications to securely use off-chain data and allows them to interact across blockchains, meeting enterprise-level compliance requirements.

According to BlockBeats news, on November 20, Japan's Bitcoin encryption treasury (DAT) company Metaplanet announced the issuance of $150 million Class B perpetual preferred shares with a fixed dividend rate of 4.9% and a conversion price of 1,000 yen, which will be used to continue increasing its holdings of Bitcoin.

The U.S. Spot Bitcoin exchange-traded fund (ETF) saw a return of net inflows on Wednesday, ending five consecutive days of outflows. According to data from SoSoValue, the Bitcoin fund had a net inflow of $75.47 million yesterday, with $60.61 million flowing into BlackRock's IBIT and $53.84 million into Grayscale's Mini Bitcoin Trust. IBIT just experienced a record net outflow of $523 million on Tuesday, marking the largest single-day outflow since the fund's inception.

According to an analysis report shared by XWIN Research Japan, if the Fed chooses not to cut interest rates at next month's highly anticipated meeting, Bitcoin may remain stuck in a narrow trading range until the end of December. The Federal Open Market Committee meeting in December (FOMC) is expected to be one of the most unpredictable meetings in recent years. The U.S. government shutdown has forced the Bureau of Labor Statistics to cancel the October employment report and delay the data releases for October and November, leaving policymakers to attend the meeting with unclear information.

Odaily News Alternative data shows that today the Crypto Assets Fear and Greed Index stands at 11, continuing to dip from yesterday's 15. The average for last week was also 15, indicating that market sentiment has remained in the "extreme fear" range for several consecutive days. Notably, on November 15, this index reached 10, marking the lowest level since February 27.

After the U.S. government resumes operations, it will release key economic indicators. The chief economist of Moody's Analytics stated that if the official data does not align with expectations, the market may face severe fluctuations, impacting confidence in the effectiveness of Fed policies.

Gate News Bot news, on November 20, according to CoinMarketCap, as of the time of writing, CFX (Conflux) is currently priced at $0.09, with a rise of 0.73% in the last 24 hours, reaching a high of $0.09 and a low of $0.08. The current market capitalization is approximately $468 million, an increase of $3.39 million compared to yesterday. CFX ranks 104th in the crypto assets market. Important news about CFX recently: 1️⃣ **Conflux Network launches new stablecoin** Conflux Network successfully launched two stablecoins, USDT0 and CNHT0, marking significant progress in its ecosystem in the stablecoin field. This initiative provides users with more options for trading and value storage, with the potential to enhance the platform's liquidity and use cases. 2️

According to the Gate News bot message, the announcement from the Gate platform on November 14, 2024. Gate will optimize the platform's ETF leveraged tokens and has decided to delist the two leveraged tokens AIA3L and AIA3S. The platform will suspend trading of these tokens on November 21, 2025, at 14:00 (UTC+8). The system will repurchase at the net value of the tokens at the time trading stops and return it to users in the form of USDT within 7 working days.

PANews, November 20 news, Gareth Soloway, a veteran Wall Street trader with 27 years of trading experience, warned on the program that the current market, driven by the AI concept, has seriously overdosed on future valuations, and the market may face a pullback of 10%-15%, which is just the beginning. He pointed out that AI-related stocks accounted for 75% of the S&P 500 index's rise over the past two years, but valuations have already priced in earnings for the next five years, posing significant risks. He stated that Bitcoin's recent performance has been poor due to factors including reduced volatility, decreased institutional buying, and a trend towards risk aversion. He expects Bitcoin may drop to the range of $73,000 to $75,000 in the short term, or even lower, but he plans to gradually buy in within that range to accumulate a long-term position. Regarding the altcoin market, Gareth maintains a cautious attitude and predicts that Ethereum may further decline to the range of $2,800 to $2,700, which is an important support level.

Gate News bot message, according to Gate's latest announcement: Gate's Yubi Treasure platform has added regular financial products for three tokens: ZETA, CORE, and FIL. These new financial products offer three different lock-up period options: 7 days, 14 days, and 30 days. The new financial products have officially launched in the Gate Yubibao section, where users can view detailed information such as specific yield rates.

According to Golden Finance, on November 20, at the Saudi-U.S. Investment Forum held at the Kennedy Center, Trump stated in a speech that he would like to fire Fed Chair Jerome Powell, but Treasury Secretary Scott Basset was obstructing him. Trump urged Basset to "convince" Powell to drop interest rates as soon as possible and threatened that if the Fed did not cut rates, he would fire Basset, saying, "You have to convince him, Scott. The only thing you messed up was the Fed. Because the Fed's interest rate is too high, Scott. If you don't solve this problem quickly, I'm going to fire you."

PANews, November 20 news, according to Jay A, founder of nof1.ai, Alpha Arena Season 1.5 is now live. This season will deploy $320,000 in funds, focusing on testing the investment judgment capability of AI rather than knowledge reserves. The participating models will only invest in the U.S. stock market and will add two new models: Kimi 2 and a mysterious model from a top AI lab. This season introduces multiple competitions to enhance statistical rigor, with different themes for each match aimed at comprehensively testing the models' adaptability and robustness to different inputs. In a single match, all models receive the same input data. Additionally, this season, models will have access to more data and a broader operational space. According to reports, Alpha Arena is the first benchmark test specifically designed to assess AI investment capabilities, with each model receiving $10,000 in real funds and a two-week period.