[Cathie Wood Lowers Bitcoin Bullish Expectations Due to Stablecoin Impact] Ark Invest founder Cathie Wood stated in an interview on CNBC's 'Squawk Box' that she has reduced her bullish expectations for Bitcoin due to stablecoins potentially capturing part of the market share. Previously, Cathie Wood had been one of the industry's prominent Bitcoin bullish forecasters.

[Morpho Co-Founder Responds to Liquidity Shortage in Funds Pool: A Natural Mechanism Under Stress] On November 6, Morpho co-founder Merlin Egalite addressed the issue of liquidity shortages in certain funds pools, stating that this is not a system vulnerability but rather a natural operational mechanism under market stress. When the market is under pressure, lenders may withdraw funds en masse, leading to an increase in fund utilization rates, a decrease in liquidity, and even a temporary lack of available liquidity. To restore balance, the interest rate model will automatically raise borrowing rates. Taking Morpho as an example, its target fund utilization rate is 90%, and in extreme cases, when the utilization rate surges to 100%, the interest rate will increase fourfold, with the market typically rebalancing within minutes. Egalite emphasized that the liquidity shortage is localized and controllable, affecting only a small number of funds pools, and does not indicate losses or bad debts.

[Federal Reserve's Goolsbee: Inflation Should Not Be Viewed as a Temporary Phenomenon] Federal Reserve official Goolsbee emphasized that the current inflation issue should not be simply regarded as a temporary phenomenon. He pointed out that markets and policymakers need to remain highly vigilant about inflation and avoid underestimating its potential long-term impact. This statement reflects the Federal Reserve's ongoing concern about inflationary pressures and the possibility of adopting a more cautious approach in monetary policy adjustments.

[Federal Reserve's Goolsbee Says May Be Reluctant to Continue Rate-Cutting Cycle] Federal Reserve's Goolsbee stated that he may be reluctant to continue the rate-cutting cycle and noted that premature rate cuts make him feel more uneasy.

The overall price of privacy coins rose by 80% in November, with Zcash reaching a 7-year high and Dash reaching a 3-year peak. Market rotation and increased privacy demands are the main driving factors, but stricter anti money laundering regulations and limited exchange listings may pose risks. （Cointelegraph）