Odaily Planet Daily reports that Charlie Ripley, Vice President of Portfolio Management at Allianz Investment Management, stated in a report that Federal Reserve Chairman Jerome Powell and his team are in a difficult position, as they must continue to find a balance between their dual mandates of employment and inflation. Ripley stated, "Looking ahead, this is likely Chairman Powell's last rate cut. While we are not yet back to neutral in terms of interest rates, we can say that substantial progress has been made in curbing inflation." He pointed out that whoever is the next Fed chairman will face the same challenging balancing act, especially given the continued strong hawkish expectations for a policy stance following the rotation of voting members. (Jinshi)

According to an official announcement, BitMart will launch Almanak (ALMANAK) on December 11th at 21:00 (UTC+8), with the ALMANAK/USDT trading pair available. Almanak is a groundbreaking AI-native, non-custodial ecosystem reshaping the future of quantitative finance through verifiable, autonomous multi-agent intelligence. Designed for the convergence of artificial intelligence and decentralized finance, the platform enables users, developers, and institutions to easily design, optimize, and deploy complex trading and asset management strategies across chains and centralized markets. Through its core innovations—the Almanak AI swarm, strategy infrastructure, and ERC-7540 tokenized AI vault—Almanak provides users with an institutional-grade environment where intelligent agents collaboratively research, program, test, and execute deterministic financial strategies in just minutes. By transforming strategies into composable tokenized products, Almanak unlocks a unified layer, facilitating yield, liquidity, and capital coordination, and driving the broader DeFi economy.

Odaily Planet Daily reports that trader Banmu Xia wrote that BTC also saw a surge in the early morning, but the magnitude was insufficient. It now appears that the rise from $80,500 is a leading wedge pattern. Under the overall trend of a large wave 4 correction, this leading wedge pattern is highly likely to be wave a, therefore the current correction should not exceed the $93,100-$83,800 range. The current correction is approaching the 0.382 Fibonacci retracement level, and there is a possibility that it is ending. Meanwhile, $89,000-$90,000 is a relatively strong support level. The market's target for the next month's rise is $103,500-$112,500. The process is still likely to be very volatile.

A Reuters poll conducted from December 2nd to 9th shows that the vast majority of economists expect the Bank of Japan (BOJ) to raise interest rates by 25 basis points to 0.75% at its December meeting and to raise borrowing costs to at least 1% by the end of September next year. This follows previous reports that the BOJ is expected to implement its first rate hike since January at its December meeting. Given inflation risks and a weak yen, the government led by Prime Minister Sanae Takaichi is expected to tolerate this decision. 90% of economists (63 out of 70) expect the BOJ to raise short-term interest rates from 0.50% to 0.75% at its meeting next week, a significant increase from 53% in last month's survey. Slightly more than two-thirds of respondents (37 out of 54) said that interest rates will reach at least 1.00% by the end of September next year. (Jinshi)

According to Gate's November Transparency Report, as reported by Odaily Planet Daily, the number of registered users worldwide has exceeded 46 million, with over 4,100 listed assets and spot trading volume reaching $163 billion, a 39.1% increase month-over-month. Its global spot market share rose to 6.04%, making it the fastest-growing centralized exchange this year. Gate Layer's on-chain addresses surpassed 100 million, and Gate Fun launched the Gate Swap liquidity pool, driving a 49.9% month-over-month increase in token creation and accelerating its "All in Web3" strategic layout. Meanwhile, Launchpool, HODLer Airdrop, and CandyDrop attracted over 370,000 participants this month, with a total prize pool exceeding one million US dollars. While steadily strengthening its infrastructure, Gate continues to improve trading quality and user engagement, driving its various businesses forward at a healthy pace. Regarding global compliance, Gate Group's Australian entity, Gate Information Pty Ltd, has registered as a digital currency trading service provider with the Australian Transaction Reporting and Analysis Centre (AUSTRAC) and is already operational. Meanwhile, Gate actively participated in several offline industry events in November. Gate founder and CEO Dr. Han met with Maltese regulators ahead of the FinanceMalta 2025 summit to discuss compliance pathways, regulatory practices, and collaboration opportunities within the MiCA framework for the crypto asset industry. Dr. Han was also invited to share his experience at the Hong Kong University of Science and Technology. Gate will continue to steadily advance its global compliance and Web3 ecosystem development, bringing a more transparent, efficient, and inclusive service experience to the industry. Disclaimer: This content does not constitute any invitation, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit all or part of its services from restricted regions. Please read the User Agreement for more information.