[Federal Reserve's Daly Says It's Too Early to Assert Whether There Will Be a Rate Cut in December] On November 13, Federal Reserve's Daly stated that it is still too early to assert whether there will definitely be a rate cut or no rate cut in December.
[JPMorgan Expects Bitcoin Support Level at $94,000, Maintains $170,000 Target] The analyst team at JPMorgan stated that the downside potential for Bitcoin from its current price level is 'very limited,' with a support price of approximately $94,000. The team, led by Managing Director Nikolaos Panigirtzoglou, noted in their report that the estimated production cost of Bitcoin has risen from around $92,000 to approximately $94,000. Additionally, the analysts reiterated their prediction that Bitcoin's price could rise to approximately $170,000 in the next 6 to 12 months, based on a volatility-adjusted comparison between Bitcoin and gold.
[Tether Assists Thai Police and U.S. Secret Service in Seizing 12 Million USDT] Tether announced its assistance to the Royal Thai Police and the U.S. Secret Service in an international operation, seizing approximately 12 million USDT (equivalent to 400 million Thai Baht) linked to a major Southeast Asian scam network. The operation was carried out by the Technology Crime Suppression Division (TCSD) of Thailand's Ministry of Digital Economy and Society, resulting in the arrest of 73 suspects, including 51 Thai nationals and 22 foreign nationals, and the seizure of assets worth over 522 million Thai Baht.
[Acurast Completes $11 Million Financing and Plans to Launch Mainnet] Acurast announced the completion of $11 million in financing and plans to launch its mainnet on November 17, along with the issuance of the ACU token. The project aims to enable verifiable, confidential, and tamper-proof computation through consumer-grade smartphones, utilizing hardware key attestation to ensure that only manufacturer-certified devices can connect. According to network data, approximately 150,000 phones have already connected to its network, processing around 494 million transactions and deploying approximately 94,200 services. Investors include Ethereum co-founder and Polkadot founder Gavin Wood, among others. The project team stated that devices failing to meet certification requirements cannot obtain valid and trusted attestation, and thus cannot connect to the network.
[Uniswap October Trading Volume Hits Record High of $116.6 Billion] According to Token Terminal data, Uniswap achieved a monthly trading volume of approximately $116.6 billion in October 2025, setting the highest record since the platform's launch.
[U.S. Stock Market Opens Lower as Investors Focus on Fed Policy and Economic Data] On Thursday, U.S. stocks opened lower, ending a four-day winning streak. Although the U.S. government shutdown has ended, the lack of economic data continues to trouble investors. Carol Schleif, Chief Market Strategist at BMO Private Wealth, stated that the government reopening is positive for the market, but volatility may arise in the coming weeks. Traders are shifting their attention to the Federal Reserve's December meeting and reducing bets on rate cuts. Collins expressed a preference for maintaining stable interest rates to balance inflation and employment risks, while Bostic believes inflation remains the primary risk to the U.S. economy. Karl Schamotta, Chief Market Strategist at Corpay, noted that the end of the government shutdown and adjustments to Fed expectations have left the market lacking momentum.