Due to technical issues at the CME, Spot gold and silver have experienced significant Fluctuation this week, with gold rising nearly $150 to return above $4200, and silver rising to $56, reaching an all-time high. Next week, the Fed will hold a meeting, and the market will follow the release of several economic data, with increased volatility expected. The probability of a Fed rate cut has risen to 80%.

ChainCatcher news, Vantage Foundation has recently donated 1 million HKD to the rescue and post-disaster reconstruction efforts for the Level 5 fire at Wang Fuk Court in Tai Po, Hong Kong. This donation has been allocated to a locally recognized charity for emergency assistance, including temporary accommodation, essential supplies, and mid-term recovery support for the community. In addition to financial support, representatives from Vantage's management and members of the charity team have gone to the site to participate in the rescue efforts, providing comfort and assistance to residents during the post-disaster response. Vantage stated: "At Vantage, we believe that supporting the community during times of crisis is a responsibility we must take on. The Hongfu Garden fire has severely affected many families, and we hope this donation can help them recover more quickly. We are also proud of the team members who proactively went to the site to express their support, as the empathy and cohesion they demonstrated are exactly the values of our company.

PANews, November 29, reports from Jin10 that Mario Götze, a key football player in the German World Cup, is 33 years old this year, an age when players typically start to consider life after their professional sports careers. However, Götze has been preparing for this for several years, having built a strong personal investment portfolio that will continue to grow after the end of his first career. About seven years ago, his first venture capital deal involved a startup that was spun off from Dortmund University. Götze's investment vehicle, Companion-M, focuses on early-stage startups in fields such as software, healthcare, cybersecurity, and biotechnology. Götze and a small advisory team typically evaluate around 100 potential deals each month and make one or two angel investments in companies entering the seed or pre-seed stage. Götze has stated that he is also open to investing in private credit and is considering adding one or two more investments before the end of the year.

BlockBeats news, on November 29, as the United States intensified pressure to ensure a peace protocol regarding the nearly four-year-long Russia-Ukraine conflict, Russia and Ukraine launched airstrikes against each other overnight, with one missile targeting Kyiv and a Russian oil refinery catching fire. Kyiv's mayor Vitali Klitschko stated that the large-scale attacks on the Ukrainian capital resulted in two deaths and at least 29 injuries, with 19 people hospitalized. The city's air defense alarms lasted for 12 hours, leaving 500,000 people without power on Saturday morning. Meanwhile, the Krasnodar region on Russia's Black Sea coast was subjected to drone strikes, causing a fire at the Afipsky refinery and damaging unspecified technical equipment. (Jin10)

PANews, November 29 - FC Barcelona has signed a global sponsorship protocol worth $22 million for three years with the encryption company Zero-Knowledge Proof (ZKP), becoming the club's official encryption protocol partner. However, this move has sparked criticism from the outside. Former board members of the club

Odaily News Recently, Swedish payment giant Klarna officially announced the early launch of its first stablecoin KlarnaUSD on the Tempo Blockchain supported by Paradigm and Stripe, which was originally planned to be launched in 2026. According to its statement, the annual transaction volume of the stablecoin has reached 27 trillion USD, and Klarna will subsequently provide faster and cheaper cross-border payments for 114 million customers. The large-scale adoption of crypto assets is timely, and this is just the beginning. It is understood that Klarna annual

Golden Finance reports that on November 28, 2025, the People's Bank of China held a coordination meeting to combat the speculation and trading of Virtual Money. The meeting emphasized that Virtual Money does not have the same legal status as legal tender, does not have legal compensation, and should not and cannot be circulated as money in the market. Activities related to Virtual Money are considered illegal financial activities. Stablecoins are a form of Virtual Money that currently cannot effectively meet customer identification, anti-money laundering, and other requirements, posing risks of being used for illegal activities such as money laundering, fundraising fraud, and illegal cross-border fund transfers. (People's Bank of China website)

PANews, November 29 news, CZ tweeted, "Although this view is not very popular, it is best to sell when the market greed reaches its peak and buy when the market fear reaches its peak."

BlockBeats news, on November 29, according to DL News, investment institutions have invested nearly $25 billion in encryption companies in 2025, exceeding last year's scale by over 150%, far surpassing market expectations. This year, leading institutions involved in transactions include tech-focused Paradigm and Sequoia Capital, as well as Wall Street giants BlackRock, JPMorgan, and Goldman Sachs. According to DefiLlama data, the hottest tracks are: centralized trading platforms (raising $4.4 billion), prediction markets (raising $3.2 billion), and DeFi platforms (raising $2.9 billion). Jordan Knecht, head of institutional strategy at blockchain service company GlobalStake, pointed out: "Current projects attracting capital must meet regulatory transparency, operational resilience, and be able to connect with Financial Institutions and their benchmarks."

PANews, November 29 news, according to CCTV news, the Macro-Prudential Management Bureau of the People's Bank of China has recently issued a notice to fully support the search and rescue of personnel, medical treatment of the injured, and post-incident comfort work for the fire in Tai Po, Hong Kong, ensuring that donations received domestically are credited with zero latency. The People's Bank supports commercial banks in establishing a green channel for cross-border RMB donations. Commercial banks do not need to review document materials and can directly transfer donations to the Tai Po Hong Fu Yuan Assistance Fund account (01287521901607) based on payment instructions from domestic institutions or individuals, and ensure proper submission of RCPMIS data as required.

PANews, November 29 - According to Ai Yi's monitoring, Address 0xdfb...af239 built a position of 7.16 million USD in ENA over the past 10 hours. 6.51 million USDC was deposited into Hyperliquid 8 hours ago and then transferred to this position address; it started building the position in batches from 22:30 last night and has currently purchased 25.26 million ENA at an average cost of about 0.2845 USD, with still a small amount of open orders remaining unfilled.

Golden Finance reports that Cathie Wood, the CEO and Chief Investment Officer of ARK Invest, stated that the company's prediction of a $1.5 million price for Bitcoin during the bull run remains unchanged. She pointed out that since the end of the U.S. government shutdown, $70 billion has flowed back into the market, and with the normalization of the Treasury's general account, an additional $300 billion is expected to flow back in the next five to six weeks.

Recently, the $Hong Kong Charity Fund donated over 76 BNB, approximately $67,000, to Animoca's Hong Kong Relief Fund through a transaction tax mechanism on the Flap platform. This case showcases a new model for the crypto community to utilize smart contracts for charitable donations.

Golden Finance reports that U.S. stocks closed three hours early due to the Thanksgiving holiday, with the three major indexes collectively rising for the fifth consecutive trading day. The Nasdaq rose by 0.65%, the Dow Jones by 0.61%, and the S&P 500 by 0.54%. The Nasdaq has accumulated a rise of 4.91% this week, the Dow Jones 3.18%, and the S&P 500 3.73%. Most tech stocks increased, with Intel closing up 10%, marking the largest single-day gain since September 18; Meta rose over 2%, and AMD, Amazon, Netflix, and Microsoft rose over 1%.

Golden Finance reported that the UK's HM Revenue and Customs (HMRC) has issued new regulations requiring all cryptocurrency exchanges operating in the UK to collect and retain complete user transaction records starting from January 1, 2026, and to report this data in full to HMRC by 2027, for the purpose of cross-referencing tax information and combating tax evasion related to Crypto Assets. UK tax experts warn that Crypto Asset users must organize their tax affairs by the end of 2026 to avoid potential sanctions.

Goldman Sachs reported that the S&P 500 index may remain flat in November, but as market volatility drops and the breadth of the stock market improves, the market outlook becomes clearer. Indicators show that the market tends to stabilize entering December, with broader participation expected and a net buying anticipated, with a scale of about $4.7 billion.

Golden Finance reports that S&P Dow Jones Indices has stated that all affected indices are now back in operation.

Odaily News BTIG analyst Jonathan Krinsky stated in a client report on Wednesday that following a peak-to-trough decline of -36% earlier this month, Bitcoin is now expected to continue its reflexive rebound, reaching at least 100,000 USD. According to Coin Metrics data, Bitcoin's latest trading price is 92,451.30 USD, having risen nearly 10% over the past five days, but still down 20% over the past month. The analyst noted that despite recent pullbacks, digital money mining companies Cipher Mining and Terawulf have performed excellently during the crypto assets pullback. Since Monday, Cipher Mining has risen 35%, while Terawulf has increased by 31%. Barclays

PANews, November 28, reported that on-chain data shows that Bitwise's Solana ETF BSOL purchased another 93,167 SOL in the past hour, amounting to approximately 13.15 million USD.

The Marco weather station under Nubila has officially launched on Home Depot, becoming the first Web3 product to enter this retail giant. Marco is the core of the Decentralization physical Oracle Machine, providing real environmental data to support AI and Blockchain systems. This development marks the entry of Web3 hardware into the mainstream consumer market, aiding the construction of a global real data network.

Tether has paused its Bitcoin mining operations in Uruguay due to rising energy costs, although it remains committed to long-term projects in Latin America. Previously, Tether had a debt dispute with Uruguay's state-owned electricity company, has notified the labor department, and laid off 30 employees.

ChainCatcher news, Yala has posted on the X platform stating that all native BTC under the institutional model will be withdrawn from the Yala protocol. This process is completely separate from retail investor activities and will not affect the retail investor's YU balance or redemption rights. The complete redemption plan and timetable will be announced on December 15. In addition, Yala will release an updated roadmap outlining the next phase of development, including a shift towards AI-driven agent prediction.

TSMC recently confirmed that its Fab 21 factory in Arizona experienced production disruptions in late September due to a power outage from a supplier. According to insider Tim Culpan, the outage forced the factory to scrap some wafers, but TSMC has not disclosed the specific number of losses or economic impact. A TSMC representative confirmed to Tom's Hardware that the power outage did occur but did not confirm whether it resulted in wafer losses. The power outage originated from the UK industrial gas supplier Linde, which is responsible for supplying critical materials to Fab 21. Although the Fab 21 plant itself did not experience a power cut (equipped with backup generators), the disruption in the supply of critical materials forced the plant to halt production for several hours and caused potential losses. TSMC in the US must rely on external suppliers to manage gas infrastructure, while in Taiwan it is managed internally, making Fab 21 more susceptible to supply chain disruptions.

American model Bri Tracy recently explored the role that XRP might play in the reverse yen arbitrage trading in Japan, which amounts to a staggering $4.5 trillion. Tracy pointed out that XRP has fast and programmable settlement capabilities that meet the needs of modern financial infrastructure. She emphasized that the bank for international settlements (BIS) recommends effective settlement of assets to be turned over 8 to 10 times daily to ensure liquidity, while the turnover speed of XRP far exceeds this standard. Japan's SBI Remit has already started using XRP for fast cross-border settlements. Reverse arbitrage trading refers to investors borrowing funds in low interest rate countries and investing in high-yield assets to obtain differential returns. Japan has long maintained a low interest rate, even negative interest rate environment, giving rise to a large-scale yen arbitrage trading. According to data from the Japanese Ministry of Finance, the trading scale is approximately 4.2 trillion to 4.5 trillion USD. After the Bank of Japan ended negative interest rates and raised the benchmark rate in March 2024, some arbitrage trades triggered reverse operations, with about 40% of trades closed and the remaining 60% still ongoing.

Pennsylvania Republican Senator Dave McCormick disclosed this week that he recently purchased a Bitwise Bitcoin ETF worth approximately $65,000 to $150,000. McCormick is a member of the Senate Banking Committee's digital asset subcommittee, and this investment has attracted market attention. According to the periodic trading report, he made two purchases on November 24 and the following day. The Bitwise Bitcoin ETF is managed by Bitwise Asset Management and provides investors with Bitcoin investment opportunities through traditional financial markets.

On Thursday, Japanese digital asset management company Metaplanet's stock price rose by about 7%, after the company disclosed that it had provided a loan of $130 million to purchase more Bitcoin. This former hotel operator transformed into a Bitcoin asset management company, and its acquisition plan triggered a positive market response, also boosting the stock prices of other DAT companies. On that day, the performance that outperformed the Nikkei 225 Index included energy company and former cryptocurrency exchange operator Remixpoint, whose stock price rose by 22%, holding approximately $128 million in Bitcoin assets. Other DAT company stock prices also rose: SBC Medical Group Holdings increased by about 5%, Gumi rose nearly 3%, and Agile Media Network saw an increase of about 1%, with the overall rise significantly surpassing Bitcoin's own increase of 0.24%.

Recent analyst reports indicate that XRP is showing a structural trend similar to Ethereum's in 2016-2017, attracting market attention. Ethereum skyrocketed from $20 to $1,400 after a long accumulation phase that year, while XRP is currently oscillating in the $2-3 range, being considered in a similar accumulation phase. Analyst Paul GoldEagle pointed out that the rise of XRP in January this year (over 600%, to $3.40) is just the "tip of the iceberg" and the consolidation indicates a potential parabolic rise, with a price target that could reach $60, equivalent to Ethereum's historic gains.

The Shiba Inu team announced a comprehensive privacy upgrade to its Shibarium platform and collaboration with an artificial intelligence gaming company to enhance the utility of the SHIB Token. Official spokesperson Lucie stated on X that the Shibarium platform is expected to achieve full on-chain privacy in the second quarter of 2026. Crypto company Zama will introduce Fully Homomorphic Encryption (FHE) technology to the network, allowing smart contracts to be executed directly on encrypted data without decryption, thereby enhancing the security of transactions and contracts. This technology will transform Shibarium from a typical Layer-2 chain into a privacy-focused blockchain network. Zama's public testnet has been launched on the Ethereum Sepolia network, with plans to go live on the Ethereum mainnet by the end of the year, and to expand to EVM-compatible chains in the first half of 2026, before deploying to Solana by the end of the year.

Odaily News CEA Industries Inc. (Nasdaq: BNC) announced today that it has appointed Annemarie Tierney, founder and head of Liquid Advisors, as a member of the company's board of directors, effective November 26, 2025 (Wednesday). CEA Industries claims to manage the largest in the world.

The Chicago Mercantile Exchange (CME) has launched the Term SOFR Interest Rate, but CME Streamline and CME Rest API are facing latency. The Term SOFR Interest Rates for November 28, 2025, are 3.86417% for 1 month, 3.78743% for 3 months, 3.70377% for 6 months, and 3.51111% for 12 months.

BlackRock's proprietary mutual fund - Strategic Income Opportunities Portfolio has recently increased its holdings in the iShares Bitcoin Trust (IBIT), indicating that institutional interest in Bitcoin continues to rise. According to the latest documents submitted to the U.S. Securities and Exchange Commission (SEC), as of September 30, the portfolio held 2,397,423 shares of IBIT, valued at approximately $155.8 million, an increase of 14% compared to 2,096,447 shares at the end of June.

Ethereum has formulated further scaling plans for 2026 after completing the Pectra upgrade in 2025. Co-founder Vitalik Buterin stated on X (formerly Twitter) that the block gas limit of Ethereum is expected to increase by 5 times next year, achieving a more "targeted rise" to enhance network throughput while keeping Layer 2 (L2) transaction costs low. The gas limit is a key parameter that determines the number of transactions each block can handle. Currently, Ethereum's gas limit per block is 60 million gas, which has doubled since the community's first call for an increase a year ago. Raising the gas limit allows more transactions to be packed into blocks, but heavy and inefficient operations can increase costs, thereby preventing nodes from being overloaded with data storage.

According to ChainCatcher news, as reported by Jin10, the US stock market will be closed on Thursday for Thanksgiving and will reopen on Friday. The major US stock indices are set to end November with a decline in the approximately 3 hours of trading time left this month. As of Wednesday's close, the S&P 500 index has fallen by 0.4%, the Dow Jones by 0.29%, and the Nasdaq by 2.15%. Unless there is a significant rise on Friday, the US stock indices are about to end their winning streak, with the S&P 500 and Dow Jones rising for 6 consecutive months and the Nasdaq for 7 consecutive months.

BlockBeats news, on November 28, according to HyperInsight monitoring, Huang Licheng's ETH take profit orders placed yesterday were partially filled, recording a profit of approximately $90,000. Currently, his ETH long order holdings are about $22.63 million, with unrealized gains of $700,000 (78%), at an average price of $2,962. He also holds HYPE long orders, with a holding size of about $6.24 million, and unrealized gains of $240,000 (40%). This address deposited approximately $1 million into Hyperliquid on the evening of the 24th, and subsequently opened ETH long orders at around $2,822, with a holding size of about $13.5 million, continuously closing positions and rolling over recently, with yesterday's open orders partially closed in the range of $3,050 to $3,100.

Gate News bot message, according to the Gate platform announcement on November 28, 2025: Gate will launch SUPERFORTUNE on November 28, 2025, at 20:00 UTC+8 with spot trading for the trading pair GUA/USDT. (. SUPERFORTUNE is an AI-driven prediction market engine project incubated by Manta Labs, which combines Chinese metaphysics with the cryptocurrency market to identify price patterns. GUA, as the project's native token, is primarily used to unlock wealth reports, purchase virtual items within the platform, and serve as an in-app payment currency. The token is issued on the BSC network, and the contract address is 0xA5C8e1513B6A08334b479fe4D71F1253259469BE.

Gate News Bot news, on November 28, according to CoinMarketCap data, as of the time of writing, MITO (Mitosis) is currently priced at 0.10 USD, with a rise of 12.54% in the last 24 hours, peaking at 0.10 USD and dropping to a low of 0.07 USD. The current market capitalization is approximately 185,000 USD, an increase of nearly 20,700 USD compared to yesterday. Recent important news about MITO: 1️⃣ **Mitosis ecosystem continues to expand** The Mitosis project has made significant progress in the DeFi sector by introducing new liquidity mining programs and cross-chain bridging features, which have significantly enhanced the ecosystem's interoperability and user participation. These initiatives have effectively stimulated the demand for MIT tokens, becoming one of the main factors driving the rise in price. 2️⃣ **Technology upgrade to optimize network performance**

Bitmine Immersion Technologies (BMNR) has recently made another large-scale purchase of Ether, attracting significant market attention. On-chain data shows that this Ethereum treasury company, supported by Fundstrat's renowned analyst Tom Lee, increased its holdings by 14,618 ETH on November 28, valued at approximately 44.34 million USD, with funds coming from BitGo Hot Wallet. This increase further reinforces the recent trend of institutional demand for Ethereum warming up. As of now, Bitmine Immersion has held approximately 3.6 million ETH, accounting for 3% of the total ETH supply, making it one of the most influential enterprise-level Ethereum holders in the market. According to Yahoo Finance data, Bitmine's enterprise value is $12.19 billion, with a total cryptocurrency holding scale of $11.2 billion, keeping its price-to-book ratio at a solid level of 1.08.

Matrixport's analysis points out that Bitcoin is facing a rare phase, with position, market sentiment, and macro policies intertwining. Implied volatility has significantly declined, with prices still below key levels, and on-chain indicators are also being tested. Expectations for a Fed rate cut have surged, and history shows that traders often misjudge trends, with seasonal patterns contradicting the direction of trend structures.

The volatility indicators of Bitcoin and the S&P 500 index are synchronously declining. Against the backdrop of soaring expectations for a Fed rate cut in December, market panic sentiment is rapidly cooling, and we may see a cross-asset coordinated pump before the end of the year. The Volmex 30-day Bitcoin Implied Volatility Index (BVIV) based on options has retreated from nearly 65% last week to an annualized 51%, following a spike in the index coinciding with Bitcoin's sharp drop from $96,000 to $80,000. Deribit's DVOL has shown a similar trend, reflecting a significant cooling of volatility.

Gate News Bot message, on November 28, according to CoinMarketCap data, as of the time of writing, SQD (Subsquid) is currently priced at $0.10, with a rise of 61.00% in the last 24 hours, reaching a high of $0.11 and a low of $0.05. The current market capitalization is approximately $924,000, which is an increase of $350,000 compared to yesterday. Recent important news about SQD: 1️⃣ **Secured multi-million dollar funding to accelerate AI agent market deployment** SQD successfully raised millions of dollars in funding aimed at promoting its development in the rapidly growing AI agent market. This funding will be used to expand SQD's influence in the AI field, with the potential to drive technological innovation and market expansion, providing strong momentum for its value rise. 2️⃣ **Acquired by Rezolve AI, empowering enterprise-level We

Gate News bot message, according to Gate's latest announcement: Gate will launch the NESS/USDT trading pair for the Ness LAB (NESS) token on December 3, 2025, at 16:00 (UTC+8). At the same time, the platform will initiate the 324th HODLer Airdrop event, with a total of 750,000 NESS tokens to be distributed as airdrop rewards. The event will last until December 3, 2025, at 15:00 (UTC+8). Ness Lab is an innovative platform dedicated to promoting the development of the information economy, driven by the NESS token to facilitate participation and value exchange on the platform. The project is developed on the Polygon network, with a total token supply of 500,000,000, and the contract address is 0x6eaea1ed457e06f8cf6ee7adf34e621844c3b0fc. The project adopts a community-driven governance model and incentivizes content creation and community contributions through a dynamic reward system. The token distribution plan includes various parts such as 25% for the community, 20% for the team, 20% for the ecosystem, etc., and has corresponding unlocking mechanisms.

Gate News bot message, according to Gate's latest announcement: Gate Yubi Bao has launched a new 7-day fixed-term financial product for ETH, which will provide an additional rewards pool. The product offers a maximum annualized return of up to 11.9%, including a 10% annualized return bonus. Gate will also offer a total of 150,000 TEN tokens as additional rewards. TEN is an Ethereum-based privacy Layer 2 solution that utilizes Trusted Execution Environment ( TEE ) technology to provide programmable privacy protection features for smart contracts.

Gate News Bot news, on November 28, according to CoinMarketCap data, as of the time of writing, AWE (AWE) is currently priced at $0.06, pumping 11.86% in the last 24 hours, with a high of $0.07 and a low of $0.05. The current market capitalization is approximately $112 million, an increase of nearly $11.9 million compared to yesterday. Important news about AWE recently: 1️⃣ **AWE Network ecosystem continues to expand** AWE Network is actively expanding its application scenarios in the Web3 field. The project is committed to building decentralized infrastructure to provide developers and users with a more convenient way to access blockchain services. This strategy helps enhance AWE's influence and practical value in the cryptocurrency market. 2️⃣ **Technical upgrades drive performance improvement

ChainCatcher news, two police officers in South Korea have been prosecuted for allegedly accepting bribes from operators of an illegal Crypto Assets exchange linked to a $186 million voice phishing Money Laundering case. The Suwon District Prosecutor's Office Criminal Division stated that the head of the Seoul Police Department, "F," accepted $59,000 in bribes between July 2022 and February 2024, while senior officer "G" received $7,500 in cash and luxury goods during the same period. The two officers have been dismissed. Prosecutors allege that the officers provided investigative information to criminals, introduced lawyers, requested the unfreezing of accounts involved in criminal activities, and assisted in contacting other law enforcement personnel in exchange for bribes. It is reported that a criminal gang operated an illegal cash-to-Crypto Assets exchange disguised as a gift voucher store in affluent areas such as Gangnam District in Seoul, converting the proceeds from voice phishing scams into USDT stablecoin.

According to BlockBeats news, on November 28, kain.mega, the founder of Infinex, stated on social media that it should be made clear that the intention behind Infinex's restart of the ICO is not to guarantee profits for everyone, but to eliminate the eyewash system of "low Circulating Supply and high Fully Diluted Valuation"—in that model, no one can profit except for three venture capital institutions.

According to PolyBeats monitoring, Kevin Hassett's probability of being nominated as the Fed chair by Trump in 2025 has risen significantly to 35%, making him a leading candidate. Hassett is viewed as a supporter of interest rate cuts, and the blog Finance Minister confirmed that he has entered the final shortlist, with an announcement planned before Christmas. In the long-term market, Hassett leads with a 56% probability, with Waller being the second most popular.

Gate News Bot News, on November 28, according to CoinMarketCap data, as of the time of writing, MON (Monad) is currently priced at $0.04, having fallen 15.80% in the last 24 hours, reaching a high of $0.05 and a low of $0.02. The current market capitalization is approximately $407 million, a decrease of about $76.38 million compared to yesterday. MON is currently ranked 112th in market capitalization among Crypto Assets. Important news about MON recently: 1️⃣ **The ecosystem developed rapidly after the mainnet launch** The Monad mainnet officially launched on November 24, with multiple ecological projects deployed immediately. FastLane Labs introduced a points system to reward contributors, and platforms like Clanker also went live on the first day. Within 48 hours of the mainnet launch, FastLane's TVL surpassed 100 million.

Odaily News Polygon's Global Head of Payments and RWA Aishwary Gupta believes that global stablecoins are entering a "Supercycle," with the number of stablecoin issuers potentially exceeding 100,000 in the next five years. Gupta pointed out that Japan is participating in government bonds and policy stimulus pilots through stablecoins like JPYC, demonstrating that stablecoins can become tools of national economic sovereignty rather than undermining Central Bank power. He stated that stablecoins, like fiat, are affected by monetary policy and essentially enhance the global demand for a country's currency, similar to how stablecoins drive the use of the US dollar. Gupta also warned that stablecoin yields are attracting low-interest deposits (CASA) in the banking system to flow on-chain, weakening banks' ability to create credit and maintain low-cost capital. To respond to competition, he expects banks to issue "deposit tokens" on a large scale to retain funds within their own assets.

Gate News Bot news, on November 28, according to CoinMarketCap, as of the time of writing, BANANA (Banana Gun) is currently priced at 8.68 USD, having risen 11.02% in the last 24 hours, reaching a high of 9.48 USD and a low of 6.98 USD, with a 24-hour volume of 40.4 million USD. The current market capitalization is approximately 34.8 million USD, an increase of 3.45 million USD compared to yesterday. Recent important news about BANANA: 1️⃣ **The hype in the meme coin market is rising** The cryptocurrency market has recently shown a lively trend, with the meme coin sector receiving widespread attention from investors. As one of the emerging meme coins, BANANA's unique "banana gun" concept has sparked heated discussions on social media, driving a short-term rise in price.