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Fed Chair Powell's Alleged Resignation Rumored Without Confirmation

Key Points: Rumors of Jerome Powell’s resignation circulate without formal validation.
Powell’s speech scheduled Tuesday; potential successor rumored.
Minimal market response observed, low resignation probability projected.
Speculations swirl over a memo alleging Federal Reserve Chair Jerome Powel
ETH-7.37%
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Ethena Ends Terminal Finance Amid Converge Delays

Key Points: Terminal Finance closes due to Converge chain delay.
User funds fully withdrawable at 1:1 ratio.
Market unaffected; user safety prioritized.
Ethena’s DEX Terminal Finance announces its termination due to Converge chain’s delayed mainnet launch, ensuring user funds remain unaffected, wi
ENA-13.3%
PENDLE-8.77%
ETH-7.37%
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Kazakhstan National Bank Plans Cautious Crypto Investments Amid Market Fluctuations

Key Points: National Bank of Kazakhstan considers up to $300 million crypto investment.
Cautious approach awaits stable market conditions.
Investment to use foreign exchange reserves, not national fund assets.
The National Bank of Kazakhstan considers a cautious investment of up to $300 million in
BNB-8.56%
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China's Stricter Measures on Cryptocurrency Trading

Key Points: The People’s Bank of China intensifies its prohibition on cryptocurrency trading.
Virtual currencies lack legal tender status in China.
Stablecoins targeted for AML risks and illegal activities.
On November 28, 2025, the People’s Bank of China convened a high-level meeting in
BTC-6.04%
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Wyoming Launches Frontier Stable Token Testnet Tap

Key Points: Main event: Wyoming launches tFRNT testnet faucet for digital wallets.
FRNT is state-issued, fiat-backed, and securely managed.
FRNT’s launch enhances blockchain interoperability in the U.S.
The Wyoming Stable Token Commission launched the tFRNT testnet faucet on November 30th,
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Klarna Launches KlarnaUSD Stablecoin on Tempo Blockchain

Key Points: Klarna introduces KlarnaUSD on Tempo blockchain.
Aims to simplify cross-border payments globally.
KlarnaUSD presents competitive pressure to major stablecoins.
Swedish payment giant Klarna has launched its first stablecoin, KlarnaUSD, ahead of schedule on the Tempo blockchain,
USDC0.02%
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China's PBOC Reasserts Virtual Currency Ban to Curb Speculation

Key Points: The PBOC meeting emphasized illegality of virtual currencies in China.
Stablecoins are classified as risky virtual currencies.
This policy supports digital yuan at the expense of stablecoins.
On November 28th, the People’s Bank of China held a meeting to reinforce its stance against vi
BTC-6.04%
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CME Market Reopens Post-Disruption: Impact on Bitcoin Futures

Key Points: CME trading halted due to a data center issue, impacting BTC futures.
The market resumed all trading on November 28.
CME’s swift response minimized the impact on futures trading.
On November 28, 2025, the CME Group successfully reopened trading for all markets after a temporary halt
BTC-6.04%
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CME Group to Launch 24/7 Crypto Futures Trading in 2026

Key Points: CME Group will initiate 24/7 crypto futures trading in early 2026.
CME Bitcoin and Ethereum futures volume reaches record highs.
Some regulated options products for Solana, XRP are suspended.
CME Group has not suspended its commodity futures trading, including cryptocurrencies, but
BTC-6.04%
ETH-7.37%
SOL-9.06%
XRP-8.14%
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Tron Leads Blockchain Fee Revenue with Over $6 Million in a Week

Key Points: Tron generated $6.16 million in fee revenue, topping the list.
Nansen data shows only six blockchains exceed $1 million in fees.
Tron’s strategic fee structure draws significant transaction volumes.
Nansen’s latest data reveals Tron led blockchain fee revenue with $6.16 million,
TRX-1.58%
ETH-7.37%
SOL-9.06%
BTC-6.04%
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South Korea Expands Travel Rule to All Crypto Transactions

Key Points: South Korea expands the travel rule to all crypto transactions, including those below 1 million won.
Measures aim to increase transparency and prevent money laundering.
New regulations may impact market liquidity and cross-border exchanges.
On November 28th, South Korea’s Financial
BTC-6.04%
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Bitcoin Fraudster Zhimin Qian Sentenced in UK Court

Key Points: Zhimin Qian’s trial exposed large-scale money laundering through Bitcoin.
120,000 BTC remain undisclosed, potential market impact looms.
Largest UK cryptocurrency seizure, highlighting regulation gaps.
Qian Zhimin, involved in a major Bitcoin laundering case involving nearly 195,000 BT
BTC-6.04%
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Ethereum Whale Accumulates 7,318 ETH Amid Market Changes

Key Points: The Ethereum whale purchased 7,318 ETH on-chain during increasing market activity.
Claims of Edel Finance acquiring 30% of its token supply stir controversy.
Tether exits Uruguay, hampering a planned $500 million investment.
An ancient Ethereum whale has accumulated 7,318.56 ETH,
ETH-7.37%
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