Hong Kong Fully Delists USDT, Crypto Market Faces Dual Regulatory Storm
Hong Kong has announced the complete delisting of USDT, a move that has sent shockwaves throughout the global crypto community! Mainland China’s “zero tolerance” crackdown on stablecoins, combined with Hong Kong’s major regulatory adjustments on USDT, has created a dual storm that is shaking the very foundations of the crypto industry, ushering in a disruptive reshaping of the market landscape.
First, let’s look at the regulatory stance in mainland China, which has consistently maintained a tough, swift approach. Led by th

This week's Crypto Assets watchlist:
$ETH —— The Fusaka network upgrade for Ethereum will start on December 3.
$FLUID ——Fluid has announced the development of Fluid DEX V3, a new type of protection product against criminals.
$JUP —— The first ICO of HumidiFi on the new Jupiter platform is scheduled for December 3.
$VET ——VeChain's Falcon upgrade will go live on December 2. This will make it more decentralized and improve its token economic model.
IN - INFINIT is about to launch Prompt-to-DeFi, an AI mechanism for creating and executing DeFi strategies.
FRAX —— It is rumored that Fra

Me: (suddenly sitting up at 3 AM) Look! BTC has broken through! The trend is here, quickly go Full Position!
Roommate: 😔 You said you wouldn't play anymore after you cut losses during the crash last week...
Me: This time it's different! Look at this candlestick chart, it's a standard cup and handle breakout pattern! I've studied the technical analysis for three months!
Roommate: Did you buy it?
Me: 😎 Of course! I set a limit order 2% higher than the current price, precisely calculated the resistance level!
(After ten minutes)
Roommate: So... why is the current price 8% lower

When I first entered the circle, I heard that "if it falls, just do Margin Replenishment," and I strictly followed it! As a result, my assets kept decreasing with each replenishment, and I eventually realized that what I was replenishing was not the margin, but a cable car ticket to the mountain top, successfully buying in at the halfway point! Now, looking at the Candlestick of that coin, we are like the most familiar strangers; it knows me, but my Wallet no longer recognizes it. #我的币圈搞笑瞬间

The Crypto Assets market is transitioning from a four-year bull-bear cycle to a stock market-like structure.
Bitcoin's five bull market cycles and their growth rates
1. The first bull market cycle ( from October 5, 2009 to June 8, 2011 ) growth: 41,771 times, duration: 611 days.
2. The second bull market cycle ( from November 18, 2011, to November 29, 2013, with a growth rate of 621 times and a duration of 742 days.
3. The third bull market cycle ) From January 14, 2015 to December 17, 2017 ( Increase: 130.5 times, Duration: 1068 days
4. The fourth bull market cycle ) from December 15, 201

Fed Beige Book: Economic activity has remained largely unchanged in recent weeks, with increasing polarization among consumers.
The number of initial jobless claims in the U.S. for the week ending November 22 recorded 216,000, lower than the expected 225,000 and the revised previous value of 222,000, marking the lowest level since the week of April 12, 2025.
JPMorgan economists have changed their forecast, believing that the Fed will start cutting interest rates in December, which reverses the bank's judgment a week ago that policymakers would delay rate cuts until January next year. #Gate

Currently, MicroStrategy is considering mortgaging the company's holdings of $BTC to obtain financing, and then using the cash raised to continue purchasing BTC, and then mortgaging the BTC purchased to obtain cash financing to continue buying BTC. Doesn't this operation seem a bit like stepping on the left foot with the right foot? I'm familiar with this; in 2019, I was liquidated in a cycle loan 😂.
#Gate广场圣诞送温暖

#Gate广场圣诞送温暖
Shanzhai season? Most shanzhai are still between unlocked and unlocked.
Standard roughly unlocks >80% or only 1 to 2 years remaining unlocking period.
1. $INJ (Injective)
Unlock progress: ≈100%,
2. $LDO (Lido)
Circulated ≈89%,
3. $IMX （Immutable）
Unlock Progress ≈89%
4. $TIA (Celestia)
Circulation ≈84.5%,
5. $AXL (Axelar) unlock progress ≈65.7%
7. $Render (Render)
Circulation ≈80.5%, most of the early batches of locked assets have been mostly released, and before 2031, it will mainly be protocol inflation.
Second, the mainstream VC unlock is still a long way off, and it can

The probability of the Fed cutting interest rates in December is currently 67%.
Analyzing whether the Fed will cut interest rates should not rely on non-farm employment data, because the data serves zz, and when the need to cut interest rates arises, a significant downward adjustment will be made.
When judging whether the Fed will cut interest rates, there are two points to pay attention to: one is whether it should cut, and the other is whether it dares to cut.
1. Should we lower it: This does not require much discussion, as the interest rate cuts that started on September 24 of last year ind