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Amid the global surge in stablecoin legislation, China has chosen to firmly curb stablecoins and other virtual currencies, while accelerating the development of the digital yuan to safeguard national security and monetary sovereignty. Summary generated by Mars AI. This summary is produced by the Mars AI model and its accuracy and completeness are still being iteratively improved.

The Federal Reserve has stopped quantitative tightening and may cut interest rates, while the Bank of Japan plans to raise rates, changing the global liquidity landscape and impacting carry trades and asset pricing. Summary generated by Mars AI. This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still under iterative improvement.

The leading candidate for Federal Reserve Chair is being questioned for potentially "accommodative rate cuts." Copper prices have reached a historic high, and a five-hour meeting between the United States and Russia ended without results. Expectations for a Japanese interest rate hike in December have surged, and Moore Threads' stock soared more than fivefold on its first day... What market moves did you miss this week?

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- 21:07All three major U.S. stock indexes closed slightly higher.Jinse Finance reported that all three major U.S. stock indexes closed slightly higher, with the Dow Jones up 0.22%, the Nasdaq up 0.31%, and the S&P 500 up 0.19%.
- 20:46Data: Multiple tokens experience a surge followed by a pullback, BAT drops over 15%According to ChainCatcher, spot data from a certain exchange shows significant market fluctuations. ACM has dropped 12.2% in the past 24 hours, ARDR has fallen by 11.39%, BAT has decreased by 15.34%, and all have experienced a "surge and pullback" pattern. Among other tokens, DASH fell by 6.71%, NMR dropped by 11.4%, SXP decreased by 13.59%, SUPER fell by 14.25%, and SXP even experienced a larger decline, reaching 16.22%.
- 20:20Data: In the past 24 hours, total liquidations across the network reached $425 million, with long positions liquidated for $346 million and short positions for $79.39 million.According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $425 million in the past 24 hours, with long positions accounting for $346 million and short positions for $79.3869 million. Among them, bitcoin long positions were liquidated for $131 million, bitcoin short positions for $21.1852 million, ethereum long positions for $82.1418 million, and ethereum short positions for $22.5299 million. In addition, over the past 24 hours, a total of 126,763 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD, valued at $8.5037 million.