[Naver Financial to Launch Busan Stablecoin Wallet and Plans to Merge with Upbit's Parent Company] Naver Financial has completed the development of the Busan local stablecoin wallet and plans to launch it next month. The wallet, developed in collaboration with Hashed and the Busan Digital Asset Exchange, will support the stabilization of Busan's local currency 'Dongbaek-jeon,' allowing residents and tourists to exchange fiat currency into a stablecoin version of the local currency. This service will be integrated into the Naver Pay Wallet, but full functionality will only be enabled after the establishment of South Korea's local currency stablecoin regulatory framework. Meanwhile, Naver is merging with Upbit's parent company Dunamu through a stock swap. After the merger, Dunamu plans to list on Nasdaq as a wholly-owned subsidiary of Naver.
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More >德意志银行预计美联储12月降息25个基点
[Deutsche Bank Expects Fed to Cut Rates by 25 Basis Points in December] Deutsche Bank expects the Federal Reserve to cut rates by 25 basis points in December and pause rate cuts until the third quarter of 2026. The bank also predicts that after the new Federal Reserve leadership takes office, another 25 basis point rate cut will occur in September next year. Despite differing views within the Fed on inflation and the labor market, Deutsche Bank stated that its outlook remains unchanged.
C1 Fund投资加密货币支付解决方案提供商Alchemy
[C1 Fund Invests in Cryptocurrency Payment Solution Provider Alchemy] Cryptocurrency fund C1 Fund has announced an investment in cryptocurrency payment solution provider Alchemy, with the specific amount undisclosed. Alchemy is a core infrastructure layer in the Web3 market, providing transaction support for Robinhood, Stripe, JPMorgan Chase, and Coinbase. C1 Fund has previously invested in Chainalysis and Ripple.
比特币反弹至 88,000 美元，ETF 净流出与宏观数据压制市场情绪
[Bitcoin Rebounds to $88,000, ETF Net Outflows and Macro Data Suppress Market Sentiment] On November 25, Bitcoin rebounded to around $88,000, with the crypto market cautiously rising ahead of the release of U.S. macroeconomic data. This week, Bitcoin fluctuated within the $85,000–$89,150 range, with the total market capitalization recovering to approximately $3.07 trillion. Ethereum remained stable at $2,900, while Solana rose nearly 6% to $136, supported by continued inflows into spot ETFs. ETF data shows that Bitcoin ETFs saw a single-day net outflow of $151 million, Ethereum ETFs recorded a net inflow of $97 million, and Solana ETFs had a net inflow of $58 million, with Solana ETFs maintaining net inflows for 20 consecutive days. Nevertheless, global crypto ETPs experienced a net outflow of $1.9 billion last week, marking the third-worst weekly performance since 2018. Timothy Misir, Head of Research at BRN, stated that Bitcoin remains the primary 'risk-off' tool, while Ethereum and Solana have become rotation targets for long-term capital.
贝莱德向Coinbase Prime存入4471枚BTC
[BlackRock Deposits 4,471 BTC into Coinbase Prime] According to Lookonchain monitoring, BlackRock deposited 4,471 BTC into Coinbase Prime, valued at $390.8 million.
Jim Cramer: Buying Bitcoin Due to US $37 Trillion Deficit
Jim Cramer stated during a CNBC livestream that he decided to purchase Bitcoin due to the $37 trillion deficit in the United States and said, 'I want to hold it for my children.'. （The Bitcoin Historian）