[International Spot Gold Under Pressure and Retreats, Silver ETF Continues Inflows] International spot gold prices have once again returned to the $4,000 mark, remaining under pressure due to the weakening probability of rate cuts. Future trends may be influenced by non-farm payroll data and meeting minutes. International spot silver ETFs continue to see capital inflows during price corrections, with supply shortages becoming the norm for five consecutive years.

[Grab and StraitsX Sign Memorandum of Understanding to Build Web3 Wallet and Stablecoin Settlement Network] Southeast Asian ride-hailing giant Grab has signed a memorandum of understanding with Singapore-based stablecoin platform StraitsX to develop a Web3 wallet and stablecoin clearing network in the Asian market. The collaboration includes integrating a Web3 wallet into the Grab App, enabling GrabPay merchants to accept stablecoin payments such as XSGD and XUSD, and supporting cross-border, real-time, and compliant settlements. The system will leverage smart contracts and on-chain fund management technology, with user assets managed through non-custodial wallets, adhering to relevant regulatory requirements.

Since the market crash on October 11th, trader 0x35d1 has been continuously shorting SOL, currently holding 394153 SOL short positions with a total value of $52.39 million and unrealized gains of $14.75 million. （Lookonchain）

On chain monitoring shows that a certain address approached the clearing line due to market downturns. Four hours ago, it sold 1316.8 ETH and earned 4.017 million USD in USDT to repay the loan. The address still has a USDT loan of $146 million on Aave, with a position health rate of only 1.05. If BTC and ETH fall by another 5%, it will trigger liquidation. At present, its WBTC and ETH positions have a floating loss of $65.49 million, with costs of $116762 and $4415, respectively. Address: https://debank.com/profile/0x4ed0b41dff79e0e53a054903873899bc32abc853 (Ashes)

[Arthur Hayes: Bitcoin May Drop to $80,000–$85,000, Then Rise to $200,000–$250,000 by Year-End] On November 18, BitMEX co-founder Arthur Hayes stated in his blog post 'Snow Forecast' that Bitcoin might drop from $125,000 to around $90,000, and then further decline to $80,000–$85,000. He believes that if the stock market corrects by 10%–20% and the 10-year U.S. Treasury yield approaches 5%, the Federal Reserve or the Treasury Department might introduce a money-printing plan. Against this backdrop, Bitcoin could rise to $200,000–$250,000 by the end of the year.