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According to Jinshi reports, ECB Governing Council member Nagel stated that the European Central Bank is unlikely to react to a temporary slowdown in inflation, as the current inflation risks are roughly balanced and the current interest rate level is appropriate.

Despite the escalating geopolitical tensions between the United States and Venezuela reaching a boiling point early Saturday morning, Bitcoin prices remained strong, stabilizing around $90,000. BTC briefly dipped below $90,000 on Saturday but quickly rebounded above that level.Market analyst Michaël van de Poppe pointed out that the BTC price is currently above the 21-day moving average. If it can maintain this short-term support level, it suggests that prices may continue to rise in January. Notably, BTC's ability to remain stable amid recent geopolitical shocks is significant, as risk assets, including Bitcoin, typically experience sudden drops during geopolitical crises or macroeconomic headwinds.Jamie Cox, managing partner at HARRIS FINANCIAL GROUP in Virginia, stated that the overall market reaction to the situation in Venezuela may be limited, and we might receive some news that could influence market trends during Sunday’s OPEC meeting.

According to The New York Times, as U.S. President Trump openly embraces cryptocurrency, his policies and personal statements are profoundly changing the structure of the U.S. capital markets. A large number of new public companies centered around crypto assets are rapidly emerging, while also amplifying market risks.Trump claims to be the "first crypto president." After taking office, he terminated the previous strict regulations on the crypto industry, promoted pro-crypto legislation, and publicly endorsed crypto investments multiple times, even launching a meme coin named TRUMP himself. This series of actions has quickly brought the previously marginal crypto industry into the mainstream financial system.Against this backdrop, more than 250 public companies have already begun to incorporate cryptocurrencies into their balance sheets this year, amassing large amounts of Bitcoin and other digital assets to attract investor attention. Some companies even lack mature core businesses, with their primary "business model" being to hold crypto assets and bet on their price increases.Analysts point out that, unlike previous crypto bull markets that were mainly limited to exchanges and retail investors, under Trump's policy push, crypto risks are spreading to a broader range of investors through the stock market. The tightening of regulations, the strengthening of political endorsements, and the structural "cryptoization" of public companies are prompting investors to take on higher volatility and valuation risks.

The Chief Information Security Officer of Slow Fog Technology, 23pds, posted on the X platform stating that, in light of the new attack chain arising from the latest remote code execution vulnerability in React/Next.js, the success rate of attacks will significantly increase. Currently, many DeFi platforms use React, and many will be affected by this vulnerability. All DeFi platforms must pay attention to security risks.

According to 4E observations, market sentiment suddenly turned cold on December 1, with Bitcoin briefly dropping to $83,786, a nearly 30% decline from the early October peak. The core trigger came from a sharp rise in expectations for a rate hike by the Bank of Japan: traders priced in a 76% chance of a rate hike in December, and nearly 90% for January next year. After Ueda Kazuo signaled "preemptive tightening," Japan's two-year government bond yield rose to a 16-year high, and funds began to rapidly adjust for a potential policy shift. The rate hike expectations have backfired on global risk assets, with yen carry trades seen as a potential systemic risk point—markets still remember the turmoil caused by the yen's sharp rise in August this year, which triggered a global chain sell-off.Another heavy blow came from MicroStrategy (MSTR). The company announced a cash reserve of $1.44 billion and for the first time acknowledged the possibility of selling Bitcoin under certain conditions, shaking its core narrative of "never selling." The stock plummeted by 12% at one point. Although it still increased its holdings by 130 BTC last week, the pressure from debt combined with market turbulence has made sentiment more sensitive.On the macro front, the probability of a 25bp rate cut by the Federal Reserve in December rose to 87.6%, and QT will officially end today. Over the past two years, QT has withdrawn more than $2 trillion in liquidity, and stopping the balance sheet reduction is seen as a key event for the current liquidity bottom, which may help ease short-term market panic.4E Commentary: The expectations of a rate hike in Japan and MSTR's "selling" hint have triggered a rapid repricing of sentiment, compounded by declining trading volumes and the looming risk of yen carry trades, leaving the short-term market in a fragile range. The end of QT by the Federal Reserve is one of the few positive signals, which will determine whether risk assets can enter a "policy buffer period." A restoration of risk appetite will need to wait for the implementation of Japanese policies and a stabilization signal from BTC to resonate.

Strategy founder Michael Saylor responded to JPMorgan's warning that "MSTR faces a $2.8 billion outflow" during an interview with CoinDesk, stating that the warning is somewhat alarmist, and the actual figure will be much lower than $2.8 billion. He also noted that MSTR's market performance has overreacted to this event.Additionally, Michael Saylor stated, "I don't believe that MSCI's decision has any relation to the Nasdaq 100 or S&P 500 index allocators."

According to Jin Ten's report, the dollar slightly rebounded after experiencing a decline due to weak labor market data in the previous trading day. Third-party data shows that in October, U.S. companies laid off more than 150,000 workers, the largest scale of layoffs for that month since 2003. Jefferies economist Mohit Kumar stated that the market is overreacting to any hints about the labor market, and the outcome of the December Federal Reserve meeting is almost equivalent to "flipping a coin," with the key depending on the performance of the labor market.

ChainCatcher news, according to on-chain analyst Onchain Lens (@OnchainLens), a certain whale has become active again after a period of silence, staking 6,098 ETH to ETH2, worth approximately $26.68 million.This whale previously acquired a total of 6,203 ETH from Kraken and Bitfinex exchanges, at that time worth about $2.77 million, and currently has an unrealized profit of approximately $24.29 million.

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Milan stated that the bond market's reaction to the Federal Reserve's supportive measures has driven a significant reduction in interest rates.

ChainCatcher news, according to on-chain detective ZachXBT (@zachxbt), the crypto influencer Crypto Beast has just reactivated his X account and changed his username to @realcryptoelio.Previous report, on July 22, Crypto Beast had deactivated his X account, as he was suspected of manipulating the price of ALT tokens from $0.19 to $0.003 on July 14, causing the market cap to crash from $190 million to $3 million.

ChainCatcher news, gold prices rose moderately on Wednesday due to a weaker dollar, as investors awaited clearer trade negotiations between the U.S. and its trading partners, as well as another PPI inflation data that might provide further guidance on the Federal Reserve's policy outlook.Independent analyst Ross Norman stated, "The dollar is currently weakening ahead of the U.S. PPI data release, as traders are taking a cautious stance after recent gains, which has led to a moderate rise in gold prices."However, Ajay Kedia, head of Kedia Commodities, noted that despite Trump's update on new tariffs, the gold market has repeatedly fallen below the $3,400 mark. Previously, ANZ Bank projected in a report, "In the short term, gold prices may consolidate and then rise again to $3,600 per ounce by the end of the year."

ChainCatcher news, Danske Bank research analyst Kirstine Kundby-Nielsen stated in a report that the fixed income market's reaction to President Trump's announcement of a 30% tariff on the EU may be relatively muted.The EU hopes for more time to make progress in negotiations, and thus has indicated it will delay countermeasures against the U.S. She stated, "Our basic judgment remains that higher tariffs can be avoided before they take effect on August 1." Currently, the market still views the tariff announcement as part of Trump's negotiation strategy, so the reaction has been generally subdued.

ChainCatcher news, according to the on-chain analysis platform Lookonchain (@lookonchain), trader @qwatio's account currently has only $67,000 left after a recent series of liquidations, with losses exceeding $16.2 million.

ChainCatcher message, regarding the multiple abnormal crashes of Memes, Wintermute founder and CEO Evgeny Gaevoy added on X: "We reacted only after the movement and arbitraged the AMM pools."

ChainCatcher news, Blackstone Group President Jon Gray warned investors not to make "knee-jerk reactions" to Trump's tariff antics, but rather to wait and see how potential negotiations unfold. He stated, "Be a little patient." "Observe the evolution of this tariff diplomacy and make investment decisions over a longer period. I think the danger during such a time is that if you do something short-term, you will miss opportunities."As Trump decides on new tariff policies almost daily, the market is anxious about the economic impact of a full-blown trade war. Gray said, "I think you have to take a step back. The government can react, they can decide how to make concessions, and then ultimately it ends up in a different situation."

ChainCatcher news, FOX Business reporter Eleanor Terrett reported that for the first U.S. cryptocurrency summit held at the White House last Friday, investors and industry observers had hoped to hear specific plans from the Trump administration to make the U.S. the "crypto capital," but the summit's content remained vague, with mixed reactions.Nevertheless, attendees generally felt positive about the atmosphere of the meeting and were optimistic about the government providing more regulatory clarity in the future. Former CFTC Chairman Christopher Giancarlo commented, "This summit is clearly a way for this administration to open its arms to the industry; it's their way of saying 'you have been persecuted, and now we celebrate you.'" Ripple CEO Brad Garlinghouse bluntly stated that the attitudes of the two administrations towards cryptocurrency are completely different: "The Biden administration wants to put us in the 'big house,' while the Trump administration directly invited us to the White House."The meeting was hosted by Sacks and Hines and took place in the East Room of the White House. Before the meeting, guests also had informal networking drinks with government officials, but some officials, such as Acting Comptroller of the Currency Rodney Hood, only attended the drinks and did not participate in the formal meeting.

ChainCatcher news, according to The Block, investment bank TD Cowen expressed caution regarding the "crypto strategic reserve" plan announced by U.S. President Trump on Sunday, stating that the plan lacks coordination and does not clarify the source of funding.The TD Cowen Washington research team noted in a report released on Monday: "We advise against overreacting to this social media post. The initial version did not even include Bitcoin and Ethereum in the reserve scope, indicating that the plan has not been fully coordinated." The research team also emphasized that Trump did not discuss how the government would acquire funds to purchase these tokens, raising questions about the feasibility of the plan.Meanwhile, the White House's first cryptocurrency summit is scheduled for this Friday, hosted by crypto mogul David Sacks, with Trump set to speak, and key industry figures and investors expected to attend. TD Cowen stated: "This summit is important and will reveal how the Trump team intends to advance legislation on stablecoins and the structure of the crypto market."

ChainCatcher news, 21Shares strategy director Eliezer Ndinga stated that the recent rise in cryptocurrency prices (especially altcoins) is mainly driven by discussions around the U.S. strategic crypto reserves, but the market reaction may be overly optimistic.He pointed out that establishing a strategic reserve requires congressional approval and involves several complex issues: asset allocation ratios, holding periods, the proportion of holdings relative to total supply, market integrity measures, and asset protection mechanisms.Ndinga believes this process will take longer than the market expects. Trump may use his social media influence to set preliminary conditions for Congress, but the proposal may face multiple revisions and delays, ultimately leading to a cooling of current market enthusiasm.