Deutsche Bank analysts pointed out that the market's focus on the September non-farm report has been delayed, which may affect the decision to cut interest rates in December, especially in the current situation where the employment market's rise rate is low, and any signs of weakness are attracting attention.

Fundstrat Chief Investment Officer Tom Lee stated that the bottom for ETH may have already formed. Previously, ETH tested the 2,800 USD support level and quickly rebounded to above 3,000 USD at the time of writing. Tom Lee told reporters during an interview with CNBC that he remains optimistic about Ethereum, as the network is undergoing significant innovations, including the creation of stablecoins, and Larry Fink and BlackRock's choice of Ethereum to tokenize real-world assets.

Since April, the US stock market has experienced a severe fall, but executives of listed companies have actively bought back their own stocks during the market panic, creating a buying frenzy that provides some comfort to long positions. Against the backdrop of the decline in the S&P 500 index, the buying pace of insiders has reached its fastest in recent months, indicating their confidence in the market outlook.

According to an analysis report shared by XWIN Research Japan, if the Fed chooses not to cut interest rates at next month's highly anticipated meeting, Bitcoin may remain stuck in a narrow trading range until the end of December. The Federal Open Market Committee meeting in December (FOMC) is expected to be one of the most unpredictable meetings in recent years. The U.S. government shutdown has forced the Bureau of Labor Statistics to cancel the October employment report and delay the data releases for October and November, leaving policymakers to attend the meeting with unclear information.

According to ChainCatcher news and monitoring by GoPlus, the DMT (@dexmaxai) Airdrop has security risks. Users may be deceived into authorizing other Token during the process of receiving the Airdrop, resulting in the theft of assets from over a thousand users, with cross-chain asset transfers exceeding $130,000. It is recommended that users who have received the $DMT Airdrop quickly revoke relevant authorizations or transfer their assets to a safe Wallet. Currently, the official DexMax AI Twitter and website have been taken offline.

After the U.S. government resumes operations, it will release key economic indicators. The chief economist of Moody's Analytics stated that if the official data does not align with expectations, the market may face severe fluctuations, impacting confidence in the effectiveness of Fed policies.

PANews, November 20 news, Gareth Soloway, a veteran Wall Street trader with 27 years of trading experience, warned on the program that the current market, driven by the AI concept, has seriously overdosed on future valuations, and the market may face a pullback of 10%-15%, which is just the beginning. He pointed out that AI-related stocks accounted for 75% of the S&P 500 index's rise over the past two years, but valuations have already priced in earnings for the next five years, posing significant risks. He stated that Bitcoin's recent performance has been poor due to factors including reduced volatility, decreased institutional buying, and a trend towards risk aversion. He expects Bitcoin may drop to the range of $73,000 to $75,000 in the short term, or even lower, but he plans to gradually buy in within that range to accumulate a long-term position. Regarding the altcoin market, Gareth maintains a cautious attitude and predicts that Ethereum may further decline to the range of $2,800 to $2,700, which is an important support level.

According to 4E observations, the U.S. Bureau of Labor Statistics (BLS) will resume the release of the delayed September non-farm payroll report due to the government shutdown this Thursday, ending a two-month gap in official data. However, this data is viewed as "outdated information" due to latency, and its market impact may be relatively limited. The Dow Jones consensus expects approximately 50,000 new jobs in September, higher than the original estimate of 22,000 for August, but still reflects a weak labor market; the unemployment rate is expected to remain at 4.3%, with a month-on-month wage growth of 0.3% and a year-on-year growth of 3.7%, basically in line with the previous values. RSM Chief Economist Bru Suelas believes that the revised data for September and the previous two months may be slightly better than expected, but overall remains weak. The impact of the standstill on the data system is even more profound. The BLS has confirmed that it will combine the employment reports for October and November to be released on December 16, and the unemployment rate for October will not be released separately; job vacancies (JOLTS) will also be combined.

According to ChainCatcher news and Jin10 reports, economists generally predict that the U.S. non-farm payrolls will increase by 100,000 in September, with the unemployment rate expected to remain stable at 4.3%. Analysts from TD Securities stated that with a support of 125,000 jobs added in the private sector, the employment figure for September may rebound to 100,000. Government employment positions may decrease by 25,000. The average hourly wage is expected to rise at an annual rate of 3.7%, remaining consistent with the increase in August.

On November 20, the expected September non-farm payroll report will reflect the weakness in the labor market, with multiple agencies generally anticipating new job numbers between 40,000 and 80,000, and the unemployment rate remaining at 4.3%. The overall trend indicates a slowdown in the job market, but no severe recession has occurred.

BlockBeats news, on November 20, according to Google search, some users have sponsored ads to place the Hyperliquid official Address with their referral link at the top of the "Hyperliquid" search results. Their intention may be to acquire new users through Google search for rebates. BlockBeats reminds users to be vigilant against phishing links and counterfeit websites when searching for the official websites of related projects on search engines, to ensure their asset security.

Vitalik stated in an interview that Wall Street is a user of Ethereum and warned that if institutional ETH Holdings increase, it may lead to a loss of developers and impact the technology roadmap.

Foresight News reported that according to Santiment monitoring, Bitcoin whales have been increasingly active during the price fall over the past six weeks, with over 102,900 transactions worth more than $100,000 and over 29,000 transactions worth more than $1,000,000 this week. Santiment stated that this week is expected to become the most active week for whales since 2025.

Due to the U.S. government shutdown, the non-farm payroll report for September will be released tonight, with an expected addition of 50,000 jobs and the unemployment rate remaining at 4.3%. This may be the last reliable data for the next few months, as economists are concerned that the rise in employment will continue to be weak.

According to ChainCatcher news reported by DL News, Ethereum founder Vitalik Buterin warned at the Devconnect conference in Buenos Aires that if institutions like BlackRock continue to accumulate ETH, Ethereum will face two major survival threats. Currently, nine companies on Wall Street hold over 18 billion USD ETH, and analysts predict that institutional holdings may exceed 10% of the total supply of Ethereum. Vitalik pointed out two major risks: Threat 1: Expelling core developers, institutional dominance will alienate the builders who truly care about decentralization, and the core community may be lost. Threat 2: Incorrect technology choices, institutional pressure may drive improper technology decisions, such as a 150 millisecond block time which benefits high-frequency trading but makes it impossible for ordinary users to run nodes, resulting in geographical centralization. Vitalik emphasizes the solution party

Bond investors follow the upcoming non-farm payroll report, which may affect Fed rate cut expectations. Experts point out that if the data falls short of expectations, market reactions will be more pronounced, and changes in the unemployment rate will become a key indicator.

BlockBeats news, on November 20, according to Decrypt, multiple Crypto Assets ETFs are set to begin trading within the next week. Bloomberg analysts predict that the Bitwise XRP ETF will be listed this Thursday, while Grayscale and Franklin's XRP ETFs, as well as Grayscale's DOGE ETF, may start trading next Monday.

The Financial Services Commission of South Korea is considering allowing tech giants to issue their own stablecoins, raising concerns in the industry that it may weaken the competitiveness of banks. President Lee Jae-myung has promised to open the market, but efforts are being obstructed by South Korean banks.

Golden Finance reported that OpenAI has grandly launched GPT‑5.1-CODEX-MAX, which is now available for listing on CODEX. A version of ChatGPT aimed at teachers has been released and will be freely accessible until June 2027. Pricing may be adjusted after June 2027, but the goal is to keep the teacher-focused ChatGPT affordable for educators.

Golden Finance reports that the Fed's meeting minutes show that "several" officials indicated that a rate cut in December is "very likely" appropriate, while "many" officials believe that a rate cut in December may not be appropriate. "Many" officials support a rate cut in October, "some officials" do not support it, and "some" of those supporting a rate cut in October may also support holding steady.

According to ChainCatcher news, reports from Jin10 indicate that the Fed meeting minutes show several participants emphasized the risk of a chaotic fall in the stock market, especially in the context of a sudden reassessment of AI-related prospects.

According to ChainCatcher news and Jin10 reports, the trading department of JPMorgan stated that the longest consecutive decline in US stocks since August has created opportunities for Buy the Dips. The S&P 500 index has fallen for four consecutive days, with a cumulative decline of 3.4% as of Tuesday's close. Andrew Tyler, head of global market intelligence at JPMorgan, stated that this round of pullback represents a "technical Whipsaw" in the stock market, and the adjustment period may have already ended. Tyler noted in a report to clients on Wednesday that, given no changes in fundamentals, it is now possible to Buy the Dips.

Due to the data fog exacerbating the uncertainty of the Fed's policy, officials have expressed concerns about inflation and are cautious about interest rate cuts, while the market is waiting for new catalysts. The yield on our bonds remains in a narrow fluctuation, and the minutes from the October meeting may reveal the number of opponents to interest rate cuts.

Odaily News The Federal Reserve Board of Governors member Mylan stated that the Fed "may" reduce its balance sheet again in the future. The size of the Fed's balance sheet is ultimately determined by regulatory requirements. The meeting will support the immediate end of the Fed's quantitative easing policy at the policy meeting on October 28 to 29. (Jin10)

BlockBeats news, on November 19, HSBC stated that the US dollar may hit bottom in early 2026 before starting to recover. The bank expects the Fed may cut interest rates in December, but believes the likelihood of further cuts in 2026 is small. However, the market currently anticipates about 85 basis points of easing by the end of the year. HSBC predicts that the euro will rise to 1.20 dollars by the end of this year and early next year, before falling back to 1.18 dollars for the remainder of 2026.

Gate News bot, President Trump has stated that he intends to announce the next Fed chairman candidate before Christmas, and currently, Treasury Secretary Scott Bessent is conducting candidate interviews. Scott Bessent's responsibility is to discuss with well-known figures who may take on the role of chairman. As expectations rise for a Fed chair candidate who may take a dovish stance, the market has experienced volatility. Historically, Trump's selections have tended to favor loose monetary policy, which means such a candidate could stimulate volatility in risk assets, including major cryptocurrencies.

Standard Chartered Bank believes that despite the divergence in the Fed's decisions, a rate cut may still occur in December. The main reason is the anticipated weak employment data from September to November, which will affect the direction of monetary policy.

According to CoinGape, renowned encryption analyst Ali Martinez stated that bearish technical chart patterns may start to take effect, causing the XRP price to fall below $2. Amid extreme panic in the Crypto Assets market, long-term holders and Whales have entered a state of anxiety. Glassnode's XRP long-term holder NUPL data shows that amid increasing uncertainty and volatility in the Crypto Assets market, investors tend to be bearish. The NUPL data of XRP long-term holders shows that the "fervor" of long-term holders ended by mid-2025, following large-scale sell-offs by whales. During the recent fall of the crypto assets market, this sentiment has shifted from "denial" to "anxiety."

ChainCatcher news, according to The Block, Bitwise Chief Investment Officer Matt Hougan refuted market concerns that Bitcoin may enter a Bear Market. He stated that the value of Bitcoin lies in its role as a digital wealth storage "service" that does not rely on governments, banks, or other third parties. Hougan believes that despite the recent market pullback, institutional demand for this service continues to rise, supporting the long-term development trajectory of Bitcoin.

ChainCatcher news, according to Jin10 report, Eastern Bank analyst Mortier stated that he would not be surprised if the Fed Intrerest Rate drops significantly at some point next year.

Odaily News According to monitoring by Solid Intel, Vitalik Buterin warned at Devconnect that Quantum Computing could break elliptic curve Cryptography before the 2028 U.S. presidential election, urging ETH to transition to quantum-resistant Cryptography within the next four years.

According to ChainCatcher news and Jin10 reports, Mitsubishi UFJ analyst Derek Halpern stated that if the upcoming Nvidia earnings report triggers further declines in the US stock market, the dollar may weaken. He pointed out that the dollar is currently positively correlated with the stock market, and concerns about the potential impact of declines in tech/AI zone stocks on the overall economy are resurfacing. Furthermore, a further drop in the stock market would increase the likelihood of the Fed taking an "insurance" rate cut in December. The market will then focus on the US non-farm payroll data for September, to be released on Thursday, which will determine the dollar's trajectory before the end of the year.

According to a report from Jinse Finance, analysts at CryptoQuant.com, XWIN GROUP, indicate that the capitulation sentiment among short-term holders continues to intensify. "Fluctuation may still persist, but the cleansing of 'weak holdings' is progressing smoothly - historical data shows that this process marks the late stage of the pullback, rather than just beginning."

Former U.S. Secretary of Commerce Raimondo stated that Trump's tariff policy may continue to exist, as politicians are concerned that canceling it would offend workers. Regardless of which party is in power, the political cost of revoking tariffs is too high and is even more sensitive in the context of artificial intelligence. Goldman Sachs President Waldron also mentioned that the future labor environment will be more complex.

BlockBeats news, on November 19, the American monetary system is facing a new round of political turmoil. The confrontation between Trump and the Fed has escalated from a war of words to a substantive power struggle, as he attempts to dismiss Governor Cook and insert economic advisor Milan into the FOMC, aiming to create a "super majority" that supports significant interest rate cuts. Several economists have modeled that if monetary policy falls under political control, the U.S. will first experience a brief prosperity characterized by growth and low unemployment, followed by structural consequences of accelerating inflation, rising nominal interest rates, and slowing economic growth, with the risk of stagflation from the 1970s re-emerging. Analysis also points out that politicians often closely bind interest rate decisions to election cycles; while short-term stimulus can create superficial prosperity, the cost is uncontrollable inflation and subsequent deep adjustments. If Trump successfully reshapes the board before 2026, the independence of the Fed could be eroded, jeopardizing the dollar's reserve status and long-term borrowing.

Gate News Bot reports that on November 19, according to CoinMarketCap, TFUEL (Theta Fuel) is currently priced at $0.03, having risen 26.63% in the last 24 hours, with a high of $0.03 and a low of $0.02. The current market capitalization is approximately $191 million, an increase of about $40.2 million from yesterday. Important news about TFUEL recently: 1️⃣ **Theta Network Ecosystem Expansion** The Theta network is actively expanding its ecosystem, attracting more developers and users to participate. This growth of the ecosystem may lead to an increase in TFUEL demand, thereby driving the price up. 2️⃣ **Decentralized Video Streaming Application Rise** The number of users of the decentralized video streaming application based on the Theta network

Michael Saylor expressed that he does not share concerns about Wall Street entering the Bitcoin market, believing that Bitcoin's volatility has significantly dropped from 80% in 2020 to the current 50%, and it may further decrease in the future, performing better than the S&P 500.

Gate News Bot news, on November 19, according to CoinMarketCap, as of the time of writing, GIGA (Gigachad) is currently priced at 0.00472 USD, having risen 29.87% in the last 24 hours, reaching a high of 0.00557 USD and a low of 0.00343 USD, with a 24-hour volume of 9.79 million USD. The current market capitalization is approximately 43.9 million USD, an increase of about 10.1 million USD compared to yesterday. Important news about GIGA recently: 1️⃣ **Increase in market attention** GIGA (Gigachad) has recently gained continuous tracking from mainstream cryptocurrency data platforms, including CoinMarketCap, CryptoSlate, and The Block. This sustained market attention may be an important factor driving its price rise.

ChainCatcher news, U.S. Senate Banking Committee Chairman Tim Scott stated that he plans to mark up the crypto market structure bill in December, with the goal of sending it to President Trump for signature in early 2026, to make the U.S. the "crypto assets capital of the world." The bill aims to clarify the crypto regulatory authority of the CFTC and SEC.

PANews, November 19 - According to reports from Wu Shuo, the Ethereum DAT project led by Li Lin, Shen Bo, Xiao Feng, and Cai Wensheng has been suspended, and approximately $200 million in funds that had been raised have been returned. The plan was originally intended to use a Nasdaq shell company structure to initially purchase about $1 billion in ETH, with funding including approximately $200 million from Avenir and about $500 million from Asian institutions. Industry insiders say the suspension may be related to the bear market following the "1011 incident" and the decline in stock prices of several DAT companies. Whether to restart is still uncertain, and related parties have stated that they will prioritize investor interests and continue to observe the market to act accordingly.

PANews, November 19 news, the perp DEX aggregator Liquid tweeted that Liquid points are distributed by season and settled based on user contributions. Season 0 runs from May 1 to November 3, with a distribution of 600,000; Season 0.5 runs from November 3 to November 17, with a distribution of 200,000; Season 1 will distribute 100,000 weekly starting from November 18. Users can earn points through trading, depositing funds, inviting friends, and using new features, with the balance viewable within the app. Liquid also confirmed that the app is available in the US App Store.

BlockBeats news, on November 19, according to data from the Polymarket website, a certain Address "0x774" has accumulated profits of over $260,000 by betting on "Solomon public sale fundraising amount" on Polymarket. The community suspects that this Address may be an insider address, as it profited over $109,000 by betting that "Solomon public sale fundraising would exceed $80 million," which previously had a probability of only 2.6%.

Crypto Assets entrepreneur Mike Alfred stated that the U.S. government may only incorporate Bitcoin into its strategic reserves after actions are taken by other countries. He predicts that the price of Bitcoin will reach $1 million by 2033, at which point governments around the world will widely hold this asset.

Vitalik Buterin stated at the Devconnect conference that he hopes Ethereum will gradually solidify its underlying protocol, reducing changes to prioritize stability and security. He emphasized that future innovations should focus on Layer 2 and the peripheral ecosystem, although this may weaken the spirit of exploration, it is more beneficial for the health of the ecosystem. He also warned that Elliptic Curve Cryptography could be broken by Quantum Computing before 2028, and a transition to quantum-resistant encryption needs to be completed within four years.

A Whale sold 9516.8 ETH through a circular loan, earning 29.36 million USDT to repay Aave borrowings, reducing the debt scale to 121 million USD and improving the health rate to 1.12. However, market risks still need to be followed, and further reduce position to lower leverage may be necessary.

Odaily News Uniswap founder Hayden Adams posted on X that there are often new competitors loudly claiming to "replace Uniswap" and that the team welcomes this kind of competition, believing that without it, the competition would become boring. He stated that while certain projects may bring different changes, he remains skeptical about them.

Gate News Bot news, on November 19, according to CoinMarketCap, as of the time of writing, DOGE (Dogecoin) is currently priced at 0.16 USD, having risen 5.79% in the last 24 hours, with a high of 0.18 USD and a low of 0.15 USD. The 24-hour volume reached 2.297 billion USD. The current market capitalization is approximately 24.437 billion USD, an increase of 1.337 billion USD compared to yesterday. DOGE currently ranks 9th in global Crypto Assets market capitalization. Important recent news about DOGE: 1️⃣ **Grayscale may launch the first DOGE ETF** According to Bloomberg ETF analyst Eric Balchunas, Grayscale may launch its first DOGE ETF on November 24. However, final confirmation will still require waiting for the transaction.

Gate News Bot news, on November 19, according to CoinMarketCap data, as of the time of writing, XPL (Plasma) is currently reported at $0.25, down 1.16% in the last 24 hours, with a high of $0.27 and a low of $0.22, and a 24-hour volume of $454 million. The current market capitalization is approximately $445 million, a decrease of $5.2363 million compared to yesterday. Important news about XPL recently: 1️⃣ **Massive short covering, market sentiment shifts** Recently, large short investors on the Hyperliquid platform, Abraxas Capital, significantly closed their positions in XPL, totaling over 54 million coins, with profits exceeding 12 million USD. This move reflects a shift in the views of some large investors regarding the short-term trend of XPL, which may impact the market.

According to Jin10, Fox News reports: U.S. Treasury Secretary Basent stated that President Trump may announce the next Fed Chairman before Christmas.

Golden Finance reports that according to a new letter from the Office of the Comptroller of the Currency (OCC), banks can pay network fees and hold the crypto assets necessary to pay these gas fees. The OCC, which is responsible for regulating banks, stated in its letter of interpretation No. 1186 released on Tuesday that banks may need to pay network fees as part of doing business and hold Crypto Assets on their balance sheets to pay for these fees. The Office of the Comptroller of the Currency (OCC) pointed out that the Ethereum network requires transactions to be priced in ETH, using Ethereum as an example. The OCC stated: "Such users either need to maintain a separate Ethereum account, conduct spot trading on a crypto assets exchange to obtain Ethereum before the transaction, collaborate with third-party network fees providers, or obtain Ethereum through other means. This process may increase costs and significant risks, including operational complexity, asset price volatility, and trading."