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The unemployment rate among white-collar workers in the United States has reached a historical high, with college graduates accounting for 25% of the total unemployed population.

Golden Finance reported that data shows that the group of people with a four-year college degree in the United States now accounts for a record 25% of the total unemployed, highlighting the sharp slowdown in white-collar hiring this year. The monthly data released by the U.S. Bureau of Labor Statistics on Thursday, which was delayed due to the government shutdown, shows that the unemployment rate for those with a bachelor's degree rose to 2.8% in September, an increase of half a percentage point from a year ago. In contrast, the unemployment rate for other educational levels has seen little to no increase during the same period. In September, there were more than 1.9 million unemployed Americans aged 25 and older with at least a bachelor's degree, accounting for one-quarter of the total unemployed. This proportion has never reached such a high level in data going back to 1992 before 2025. This indicates that younger, newly graduated college students are also struggling to find jobs. Michael Feroli, Chief U.S. Economist at JPMorgan, pointed out that college-educated.
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Bank of Japan member: We are about to make a decision on interest rate hike.

According to Jincai Finance and Nikkei News: Bank of Japan committee member Kazuhiro Ikeda stated that we are about to make a decision on raising interest rates. I can't say which month, but we are approaching the timing for a rate hike.
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WLFI Reserve Company ALT5 Sigma will be investigated for violating SEC regulations.

According to ChainCatcher news, the Trump family's encryption project "World Liberty Financial" partner WLFI Reserve Company ALT5 Sigma stated in documents submitted to the SEC that its CEO was officially suspended on October 16, but internal emails show that the company's board had actually placed him on "temporary leave" as early as September 4. Several securities regulation experts indicated that this significant time difference may have violated information disclosure rules. The enclosed email also revealed that the Chief Revenue Officer Vay Tham was simultaneously placed on leave, as the board's special committee is investigating "certain matters related to the company." According to SEC regulations, listed companies must disclose when executives actually cease to perform their duties.
WLFI5.4%
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University of Michigan Survey: U.S. Consumer Confidence Falls to One of Its Historical Lows

Golden Financial reported that U.S. consumer confidence fell to one of its historical lows in November, as Americans became more pessimistic about their financial situation. According to data from the University of Michigan, the final consumer confidence index for November dropped from 53.6 in October to 51, just slightly above the preliminary value. The current conditions index fell by 7.5 points to a record low of 51.1. Consumers' views on their personal finances are at their most pessimistic level since 2009. Survey director Joanne Hsu stated, "Consumers remain frustrated by persistently high prices and declining incomes." The data shows that consumers expect prices to rise at an annual growth rate of 4.5% over the next year, which has slowed for the third consecutive month. They anticipate an average price increase rate of 3.4% over the next five to ten years, down from 3.9% in October. While Americans' concerns about inflation have eased somewhat, they still feel anxious about high living costs and job security.
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The October CPI will not be released, and the November CPI will be released on December 18.

BlockBeats news, on November 22, the U.S. Labor Department: The October Consumer Price Index (CPI) report will not be released, and the November Consumer Price Index (CPI) report will be released on December 18. (Jin10)
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LeverageShares will launch 3x go long/shorting Bitcoin and Ethereum ETF in Europe.

BlockBeats news, on November 22, the London-based ETF issuer LeverageShares will launch the world's first 3x go long/shorting Bitcoin and Ether ETF in Europe next week. Four new products (Bitcoin 3x go long, Bitcoin 3x shorting, Ether 3x go long, Ether 3x shorting) will be listed on the Swiss SIX exchange, further expanding the company's existing lineup of leveraged products.
BTC-2.24%
ETH-1.33%
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CZ: May have played a role in the Bridgewater Fund founder's allocation to purchase Bitcoin.

Odaily News CZ posted on the X platform, stating: "I may have played some role in the Bridgewater founder Ray Dalio's allocation to Bitcoin, and of course, in exchange, I have also learned from him." Previously, it was reported that Ray Dalio disclosed that he has long held a small amount of Bitcoin, which has consistently accounted for about 1% of his investment portfolio.
BTC-2.24%
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Citigroup: Optimism in artificial intelligence wavers, maintaining caution on going long the S&P 500 index.

BlockBeats news, on November 21, Citigroup warned that due to wavering optimism about artificial intelligence, caution should be exercised when going long on the S&P 500 index. (Jin10)
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Maple Finance denies the allegations made by the CORE Foundation, stating that it is actively pursuing legal action.

PANews November 21 news, Maple Finance responded to the recent public accusations from the CORE Foundation regarding its BTC yield program and syrupBTC product. Maple firmly denies CORE's accusations, stating that they distort the facts. Maple claims that the BTC yield program operates as an independent entity, with assets isolated from the overall business. Due to the fall in the value of CORE tokens, risk control measures have been initiated, with plans to orderly sell CORE tokens to protect the principal of lenders. Although there are hedging mechanisms in place to protect lenders, the inability to sell tokens as planned is affected by the legal actions initiated by CORE. At the same time, it emphasizes that syrupBTC is independently developed and has not used CORE's confidential information.
In terms of law, Maple is actively filing a lawsuit to enforce the hedging agreement signed by CORE, and points out that CORE's allegations have not been confirmed, and the judgments cited by it originate from a
BTC-2.24%
CORE-12.23%
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Goldman Sachs Partner: Signs of long positions capitulation in US stocks, dumping will continue.

According to ChainCatcher news, as reported by Jin10, a Goldman Sachs partner stated that there are signs of long positions capitulation in the US stock market, and the previous dumping will continue before stabilizing.
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The total market capitalization of digital asset management companies has fallen from the July peak of 176 billion USD to 99 billion USD.

As the crypto market declines, the stock of the digital asset fund management company (DAT) and the value of its crypto assets have significantly shrunk, with the market capitalization dropping from 176 billion USD in July to about 99 billion USD, and the total value of holdings also decreasing to 104 billion USD.
ai-iconThe abstract is generated by AI
BTC-2.24%
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Hangzhou Garden: Wanlin Shulian currently has no RWA business

Jin10 reported that Hangzhou Garden stated on the interactive platform that after communicating with the major shareholders and management team of Wanlin Shuchain, Wanlin Shuchain currently has no RWA business and no plans related to RAW business. (Jin10)
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Bitcoin OG Transfers Over 665 BTC Worth $55M to Centralized Exchanges

Gate News bot message, a notable Bitcoin OG (identified as 1011short) has executed significant transfers to centralized exchanges (CEX) within a 3-hour timeframe. The trader moved a total of 665.9 BTC, valued at approximately $55.18 million. According to data from Lookonchain, the same address previ
BTC-2.24%
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Trust Wallet officially announced the "Gas Sponsorship" feature, which has sponsored over $100 million in Gas fees for users' Swap transaction volume.

Trust Wallet announced the launch of the "Gas Sponsorship" feature, which helps BNB Chain and Solana users automatically pay for Gas when they lack native tokens, ensuring smooth transactions. This feature has sponsored over 100 million dollars and will be expanded to major public chains like Ethereum in the future, enhancing the user trading experience.
ai-iconThe abstract is generated by AI
BNB-4.98%
SOL-2.14%
ETH-1.33%
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UBS: Expects data performance next week to increase the probability of the Fed lowering interest rates before the end of the year.

Analysts from UBS Global Wealth Management believe that the upcoming weak economic data from the United States will lead to a weakening of the dollar, potentially raising market expectations for an interest rate cut in December, thereby suppressing the dollar before the end of the year.
ai-iconThe abstract is generated by AI
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Bitcoin and Ethereum ETFs Experience Significant Outflows, BlackRock Takes Major Hit

Gate News bot message, according to market data from November 21, both Bitcoin and Ethereum ETFs recorded substantial outflows. Ten Bitcoin ETFs saw a combined net outflow of 7,341 BTC, equivalent to $626.29 million. BlackRock's Bitcoin ETF experienced the largest outflow of 4,108 BTC ($350.42 milli
BTC-2.24%
ETH-1.33%
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BelieverFengvip:
The bear is coming.
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Fed's Logan: The Fed needs to "temporarily keep the interest rate unchanged"

PANews, November 21 - According to Jin10, Dallas Fed President Logan stated on Friday that the Fed needs to "keep interest rates unchanged for the time being" while assessing the current tightening of monetary policy. In a speech delivered in Zurich, she reiterated her previous view that the Fed's rate cut in October was not appropriate given that inflation remains elevated and the labor market is generally balanced. She said, "Maintaining interest rates unchanged for a period of time, in the absence of clear evidence to support further easing of policy, will allow the Federal Open Market Committee (FOMC) to better assess the degree of constraint of current policy."
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Michael Saylor posted "persist" again in response to the market fall.

Odaily News Strategy founder and executive chairman Michael Saylor has once again posted on the X platform in response to the market fall, stating: "Endure". Previously, Michael Saylor also posted saying "They will say we were lucky," implying that the current market low may be a buying opportunity.
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Ukrainian President Zelensky is expected to speak with U.S. Vice President Pence on Friday.

Golden Finance reports that Ukrainian President Zelensky is expected to speak with U.S. Vice President Vance on Friday. (AXIOS website)
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GSR extension agency platform and fund management platform GSR One

Golden Finance reports that the crypto assets liquidity provider GSR has expanded its institutional trading and funds management platform GSR One, integrating market making, systematic OTC trading, and funds management into a single system. This upgrade allows clients to gain real-time insights into various aspects of market activity. Features include order book depth, custom analytics, programmatic execution tracking, enhanced market making insights, and direct wallet control and security management. GSR One has also optimized the user sign up process, integrated funds management workflows, and enhanced features including expanded forex trading capabilities and increased asset coverage.
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