Bitcoin returns to $94,000, breaking through the October downtrend line. The US conducts a military raid on Venezuela, but there is no risk-off panic. The Dow Jones Industrial Average rises by 800 points, with energy stocks leading the gains by 9%. Gold futures reach $4,456, as funds allocate between risk and safe-haven assets. Bitcoin tests the critical resistance zone of 93,347-94,236, with this Friday's non-farm payroll report being a decisive variable.

Zaporozhzhia Nuclear Power Plant is the largest nuclear power plant in Europe and has become a focal point in the Russia-Ukraine peace negotiations. Russian President Putin revealed that Trump is interested in using the nuclear plant for Bitcoin mining. Local media reported that the facility "not only supplies power to residents but also to mining farms," and US and Russian officials have reached a preliminary consensus to use nuclear energy for mining. However, Ukrainian President Zelensky stated that occupying the plant is a red line in the negotiations, and without Ukraine's involvement, this plan cannot be realized.

Iceland relies on 100% renewable energy to build low-cost mining infrastructure, attracting numerous mining farms. However, as the strain on the power grid increases, the government suspended new mining farm licenses in 2021. In 2024, MICA regulation was implemented to strengthen compliance requirements for crypto companies and promote the industry's transition toward stable and innovative development.

Author: Zhou, ChainCatcher Recently, the name Lighter has been trending nonstop in the community. Whether it's valuation discussions, points farm yield calculations, TGE timing guesses, or pre-market price fluctuations, the sentiment is exceptionally intense. Binance, OKX, and other exchanges have announced the launch of pre-market trading for the LIT token. Polymarket's prediction market shows a greater than 50% chance that its valuation will exceed $3 billion after TGE. On-chain transfer signals of 250 million LIT tokens have further ignited FOMO sentiment, making everything seem logical. Lighter is undoubtedly one of the most anticipated projects in the crypto market at the end of the year. However, while everyone is calculating how many LIT they can exchange points for or how much it will rise after TGE, the more fundamental question is being overlooked: this airdrop frenzy

As the Bitcoin network's computing power curve turns downward in early 2025, the market's interpretation instantly polarizes. On one side is the media's portrayal of a "Mining Farm winter" and a "Capitulation wave," while on the other side is the historical data presented by institutions, suggesting this could be a precursor to the market hitting bottom. Amidst this information vortex, technical practitioners possess a unique privilege — they do not have to choose which narrative to believe, but can bypass all intermediary interpretations and directly question the data itself. On-chain data is the most honest ledger Bitcoin leaves for validators; every fluctuation in hashrate and every miner's income and expenditure decision is solidified in the public blocks and transaction records. The following content discusses how to exercise this privilege. This is not another market perspective, but a methodology on how to build your own validation framework using code, transforming the vague "miner pressure" into clear, computable, and monitorable indicators, ultimately establishing clarity amidst the chaotic market noise.

Satellite thermal imaging reveals the true power load of the Riot 700 megawatt Mining Farm, allowing investors to use a "space perspective" to examine the energy costs and operational status of computing power companies. (Previous Summary: Breaking! The U.S. SEC has classified Bitcoin mining under securities law, suing mining company VBit for defrauding $95.6 million) (Background information: The seven major financial industry associations in China jointly warned: Cryptocurrencies, RWA, and Mining are all illegal! Offshore platforms providing services are also crossing the red line) Since the arrival of Bitcoin mining farms in Rockdale, Texas, residents have continuously complained that the noise disrupts their lives. At an altitude of 500 kilometers, the UK startup space analytics company SatVu released thermal imaging from the HotSat-1 satellite, showing that the facilities of Riot Platforms continuously emit heat at a power of 700 megawatts. this

Bitcoin Computing Power decreased by 4% this month, and the wave of Miner capitulation is spreading; VanEck points out that historical data shows that such washouts often lay the foundation for the next bull run. (Background: Bitcoin failed to break through 90,000 USD and fell back, while Ethereum held strong at 3,000 USD, and the US stock market's Christmas rally rose across the board.) (Background information: MicroStrategy announced last week that it has paused buying Bitcoin: ATM raised $740 million to replenish cash reserves, with debt and dividends being the urgent issues?) Table of Contents Computing Power Decline and Cost Pressure: The Digital Thermometer of the Cold Wave Historical Backtesting: Bad News Turns Positive Over Time Chip reorganization at the low point of the fear index Macro Noise and Risk Boundaries The winter of 2025 pushes the Bitcoin ( mining farm to the brink of shutdown. The price has fallen 30% from the October high of $126,080, hovering around

The latest data from the U.S. Bureau of Labor Statistics (BLS) shows that non-farm employment increased by 64,000 in November, far exceeding market expectations of 50,000, but the unemployment rate rose to 4.6%, reaching a new high since September 2021. After this employment report, which sends mixed signals, Bitcoin experienced intense volatility, initially surging above $87,000, then pulling back, and attempting again to break the $88,000 mark. This is the first major macroeconomic report since the Federal Reserve cut interest rates last week, highlighting the market's difficult balancing act between strong employment data and potential economic cracks, making the upcoming CPI inflation data even more critical.

After the US non-farm payroll data was released, US federal funds futures slightly increased the probability of a rate cut in January 2026 from 22% to 31%. US interest rate futures still expect the Federal Reserve to cut rates twice in 2026, with an expected easing of 58 bps next year. The market-implied probability of a rate cut in March jumped above 55%, reflecting growing market confidence that the Federal Reserve's easing policy will resume soon.

Non-farm payroll data shows 64,000 new jobs added, beating expectations, but the unemployment rate unexpectedly rose to 4.6%, hitting a four-year high, and October's non-farm data was significantly revised downward to a decrease of 105,000. The "strong on the surface, weak underneath" non-farm data triggered asset revaluation, with US stocks closing lower for the third consecutive day, WTI crude oil plummeting to $54.98, and Bitcoin stabilizing and rebounding above $87,000 after experiencing intense selling, becoming the only contrarian asset.

Bitcoin (BTC) slightly rebounded and is temporarily reported at around $87,680 on December 17. Non-farm payrolls appeared better than expected, but the rising unemployment rate triggered volatility in the US stock and cryptocurrency markets. The chairman of the Russian State Duma Financial Market Committee stated that cryptocurrencies will never become currency in Russia and can only serve as investment tools. US Senator Warren called for an investigation into crypto projects related to Trump.

December 17, Bitcoin price slightly rebounded to around $87,500, recovering some of the overnight losses. The US November non-farm payrolls data showed an increase of 64,000 jobs, higher than the expected 45,000, but the unemployment rate rose to 4.6%, exceeding expectations. This mixed non-farm payrolls data keeps the Federal Reserve's probability of a rate cut in January at 24%, reducing macroeconomic uncertainty.

Author: Li Dan, Wall Street Insights U.S. stocks failed to rebound on Monday, with the three major indices closing lower for the second consecutive trading day. Investors are turning their attention to the non-farm payroll report, which was delayed due to the U.S. federal government shutdown, seeking opportunities for market recovery. This heavyweight report, arriving late on Tuesday, could provide crucial clues about the Federal Reserve's interest rate path next year. Morgan Stanley Chief U.S. Equity Strategist Michael Wilson believes that if the report shows moderate and soft U.S. employment data, it could actually boost the stock market. He pointed out that the market has now returned to a state where good economic news is bad news for stocks, and vice versa—bad news is good news. He explained that while a booming labor market is beneficial for the economy, it also reduces the likelihood of the Fed cutting interest rates next year. According to the consensus forecast from Bloomberg survey, economists expect that non-farm employment will increase by 50,000 in November, with the unemployment rate rising to 4.5%, reaching a 20

Sangha Renewables has launched a 20-megawatt bitcoin mining facility in West Texas, powered by a solar farm, aiming to utilize renewable energy effectively despite low bitcoin prices. The project is designed to be replicable for future endeavors.

The timeline of quantum computer threats is often exaggerated, and the risk of program vulnerabilities is still much greater than that of quantum attacks in the short term. Blockchains don't need to rush to deploy post-quantum signatures, but planning should start immediately. This article is derived from an article written by Justin Thaler, compiled, compiled and written by Vernacular Blockchain. (Summary: Raoul Pal warns: If the Fed does not print money for QE, "liquidity will be shortage", or a repeat of the 2018 financial crisis in the repo market) (Background supplement: The US will release its September non-farm payroll report next week, and the market is closely watching the impact of the Fed's (Fed) interest rate cut) The timeline of cryptography-related quantum computers is often exaggerated - leading to the demand for an urgent and comprehensive transition to post-quantum cryptography. But these calls often ignore the costs and risks of premature migration and ignore the vastly different risk profiles between different cryptographic primitives: . Post-quantum encryption, despite its cost, still requires immediate deployment: "First come, first served

The highly anticipated dark pool DEX project HumidiFi in the Solana ecosystem experienced what can only be described as a textbook “bot sniping war.” At the moment of its WET token public sale, a bot farm consisting of thousands of pre-funded wallets used batch transactions to sweep up all 20 million public sale shares within seconds, leaving ordinary community members completely unable to participate. As a result, after raising $1.39 million USDC, the project team decided to invalidate the sniped tokens and urgently deploy a new audited contract, with plans to relaunch the sale on December 8th. This offensive and defensive battle not only tests the technical capabilities and credibility of the project team, but also brings the long-standing “fair launch” problem in the Solana ecosystem into the spotlight.

Automatic Data Processing (ADP) released its latest national employment report this evening (3rd), showing that US private sector employment unexpectedly decreased by 32,000 jobs in November, far below the market expectation of an increase of 10,000 jobs. (Previous context: US non-farm employment in September far exceeded expectations! The probability of a Fed rate cut in December rebounded to 41%) (Background: Has the US labor market entered a winter? Goldman Sachs warns: the most severe wave of layoffs in a decade is erupting, and the unemployment rate may surge next year) Automatic Data Processing (ADP) released its latest national employment report this evening (3rd), showing that US private sector employment unexpectedly decreased by 32,000 jobs in November.

Author: Bradley Peak, Source: Cointelegraph, Translated by: Shaw Jincai Finance 1. The job market is "weak rather than collapsed," and the crypto market shows signs of fatigue. After reaching a new high in 2025, Bitcoin has struggled to maintain its upward momentum for several weeks in late November. Meanwhile, the U.S. labor market data has begun to issue another warning, not of a sudden drop in jobs, but of a clear cooling. The unemployment rate in the United States has climbed from around 3% in 2022-2023 to about 4%, reaching its highest level in recent years. Data from the U.S. Bureau of Labor Statistics (BLS) and the Federal Reserve Economic Data (FRED) series show that the monthly growth in non-farm employment has slowed from pandemic levels to a more moderate six-figure increase. Job vacancies and the number of resignations have also decreased from their peaks in 2021 to 2022. U.S. employment rate For stocks

According to Mars Finance, on December 2nd, in the third quarter of 2025, Cango achieved total revenue of $225 million (a quarter-on-quarter rise of 60.6%), operating profit of $43.5 million, and net profit of $37.32 million, marking a significant leap from loss to profit year-on-year. As a milestone in the strategic transformation of Bitcoin mining enterprises, Cango's global deployed computing power reached 50 EH/s, placing it among the industry's leading tier. In the third quarter, a total of 1930.8 Bitcoins were mined (a quarter-on-quarter increase of 37.5%), with an average daily production of 21 coins, and the total cost of a single Bitcoin was $99,383; through equipment upgrades (introducing the T21/S21 series) and the acquisition of a 50-megawatt mining farm in Georgia, the effective efficiency of computing power exceeded 90%, and in October, operational computing power further increased to 46.09 EH/s. In terms of AI computing power, Ming

Goldman Sachs' latest report indicates that the U.S. labor market has shown "increasingly evident signs of weakness." Although official employment data has been paused due to the government shutdown, private sector layoff announcements and WARN notices have surged to the highest levels in a decade, with layoffs particularly severe in the technology, industrial, and food and beverage sectors. Goldman Sachs warns that if companies continue to reduce their workforce, the unemployment rate could deteriorate rapidly by early 2026. (Background: The 7 major industries in the U.S. have already flashed red lights, with cracks beneath the surface data stability) (Additional background: U.S. non-farm employment in September far exceeded expectations! The probability of the Federal Reserve lowering interest rates in December has rebounded to 41%) Goldman Sachs' research team recently released a new report, issuing a strong warning about the U.S. labor market. Researchers found through alternative data indicators such as private sector layoff announcements and WARN notices that despite the U.S. official employment report being affected by the Federal Reserve.

[FARM](https://www.gate.com/post/topic/FARM) [WIFI](https://www.gate.com/post/topic/WIFI) [Trading Platform](https://www.gate.com/post/topic/trading-platform) As the Crypto Assets market continues to evolve, investors are curious about developing effective Crypto Assets investment strategies. This article will delve into WANA coin, its unique market performance and price predictions, and how to trade safely on platforms like Gate. Additionally, through detailed WANA coin Mining tutorials and Wallet recommendations, we aim to help investors avoid investment risks. Understanding these key points will assist you in this wave.

Trump is expected to announce the final candidate for the next Fed chairman before this Christmas, with Kevin Hassett, the director of the White House National Economic Council (NEC) and chief economic advisor, being seen as a "front-runner" by Trump's core staff and allies. (Background: The probability of a rate cut in December has jumped to 73%! The Federal Reserve's Williams is dovish: Fed still has room to cut rates soon) (Additional Context: U.S. non-farm payrolls in September far exceeded expectations! The probability of a rate cut by the Federal Reserve in December rebounded to 41%) As the current chairman Jerome Powell's term at the U.S. Federal Reserve will end in May 2026, the Trump administration is accelerating the selection of Powell's successor. The entire process is now in its final weeks, with several informed sources revealing that Trump could announce the final candidate before this Christmas.

According to Mars Finance, the non-farm payroll report for September showed an unexpected rise in the unemployment rate, leading to a continued weakening of the dollar, as reported by Jin10. Analysts at Danske Bank pointed out that the rise in the unemployment rate is due to an increase in labor supply, easing the tightness in the labor market and boosting market expectations for a Fed rate cut, which has slightly pushed down U.S. Treasury yields and the dollar. However, analysts emphasized that this data is still insufficient to constitute a strong signal for a clear rate cut from the Fed, and it is expected that the Fed will remain on hold in December, with the current market pricing probability for a rate cut at about 32%.

November 20, 2025, the US spot Bitcoin ETF experienced the second-largest single-day outflow in history, with a net outflow of $903 million, led by BlackRock's IBIT with an outflow of $355.5 million. This sell-off caused Bitcoin's price to fall below the $87,000 support level, and the global cryptocurrency market cap dropped below $30 trillion for the first time since May 8. Analysts point out that strong US non-farm payroll data combined with uncertainty in Federal Reserve policies have intensified market panic, resulting in the liquidation of nearly $958 million in leveraged positions. However, most experts believe this is a mid-cycle correction in the bull market rather than the beginning of a bear market.

U.S. September non-farm payroll data exceeded expectations, strengthening the Fed's tendency to postpone interest rate cuts. Due to a lack of data, market confidence in the Fed's decisions has waned, and gold is seen as a tool for hedging policy errors, which may provide support for gold prices.

Today, the Fed and the U.S. non-farm employment data have attracted market attention, causing the crypto market to generally fall, with BTC and ETH dropping to below $86,000 and $2,800, respectively. U.S. stocks also saw a decline, intensifying market panic, especially with the rising risk of long positions getting liquidated for BTC in the short term. Major projects are frequently updating, including token launches and ETF net inflows.

On November 20, the U.S. non-farm payroll data unexpectedly soared, with 119,000 new jobs added in September, far exceeding market expectations of 50,000, reversing the loss of 4,000 jobs after the downward revision in August. The unemployment rate slightly rose to 4.4%, the highest level since October 2021. This report, which ends the "data vacuum" of a 44-day government shutdown, makes the Federal Reserve's interest rate decision more complex.

U.S. stocks opened higher on the dual favourable information of Nvidia's better-than-expected earnings report and non-farm payroll data, but quickly encountered a sharp decline, with both the S&P 500 and Nasdaq experiencing a big dump, indicating market concerns over the AI valuation bubble. Analysts believe that the market reversal signals a bearish outlook, and Nvidia's strong performance has not alleviated investors' worries.

Bitcoin (BTC) has suffered a big dump, temporarily reported around $87,340 on November 21. The unexpected rebound in the U.S. non-farm payroll report has complicated the Federal Reserve (FED)'s interest rate cut outlook for December. The report indicates that during Paul Atkins' tenure as SEC chairman, enforcement actions by the regulatory agency decreased by 30%. In 14 years, a Whale closed all positions, dumping $1.3 billion worth of Bitcoin.

Market dynamics follow the progress of US macro data and Trump's nomination of the CFTC chairman. At the same time, US Congress members have proposed a bill to support Bitcoin reserves. There are also important developments regarding Solana and the Nillion project. Additionally, Block explores the innovations in the crypto market and the increasing severity of fraud cases.

U.S. stocks plummeted sharply on Thursday (11/20), as the broad rebound sparked by Nvidia's impressive earnings report quickly fizzled out. Market concerns regarding AI valuations and whether the Federal Reserve (FED) will cut rates again in December intensified, leading all four major indices to decline. The crypto market fared even worse, with the total market capitalization dropping from a previous high of $4.3 trillion to $3.01 trillion, a decline of as much as 30%. Bitcoin (BTC) fell to a low of $86,100 yesterday, marking the first time since the April tariff liberation day low of $74,508 that it reached such a low; Ether (ETH) fell to a low of $2,790, the lowest since mid-July. In the past 24 hours, $813 million in positions were liquidated, with $405 million in BTC being the bulk. Non-farm data exceeded expectations, NVIDIA failed to save the whole village. NVIDIA's stock price reversal has dragged down the overall market. In the after-hours trading of the previous day, this chip manufacturer

According to Mars Finance news, as reported by Jin10, Wasif Latif, President and Chief Investment Officer of Sarmaya Partners, stated that the US Non-farm Payrolls (NFP) for September far exceeded expectations, and the market is adjusting and reassessing the Fed's "rate cut range-bound". Currently, the "no rate cut" camp has the upper hand, but the game is not yet over. As data continues to be released, this range-bound battle will persist. Although the September data performed reasonably well, the key lies in the October data; if it shows a weaker job market, it will shift the market towards rate cut expectations.

According to Mars Finance, as reported by Jin10, economists generally predict that the U.S. non-farm employment in September will increase by 100,000, with the unemployment rate expected to stabilize at 4.3%. Analysts at TD Securities stated that with the support of an increase of 125,000 in private sector non-farm employment, the employment number in September may rebound to 100,000. Government employment positions may decrease by 25,000. The average hourly wage year-on-year is expected to rise by 3.7%, remaining the same as the increase in August.

Today's market focus includes the non-farm employment data and unemployment rate to be released by the U.S. Department of Labor, while LayerZero unlocks a large amount of Tokens. The founder of Ethereum warns of the risks of Quantum Computing, and Onfolio secures $300 million in funding directed towards digital assets. U.S. stocks are strengthening, with BTC and ETH facing the risk of a volatile fall, and the SEC has made adjustments to the review of encryption assets. Multiple Blockchain projects and services have been launched, attracting market attention.

As investors increase their bets that the Federal Reserve will keep interest rates unchanged, the dollar has recorded its best single-day performance since the end of September. The U.S. Bureau of Labor Statistics stated that due to the longest federal government shutdown in U.S. history, the agency will not release the full U.S. non-farm payroll report for October, and the release date for November employment data has been postponed from the originally scheduled December 5 to December 16.

The Federal Reserve (FED) released the minutes of the October FOMC monetary policy meeting at 3 a.m. Taiwan time today (20th). The internal divisions are too severe! (Background: The Federal Reserve (FED) spokesperson: A rate cut in December is a difficult problem, and missing data led at least three board members to cast dissenting votes.) (Additional background: The U.S. will release the non-farm payroll report for September next week, and the market is closely watching the impact of a possible rate cut by the Federal Reserve (FED) (.) The Federal Reserve (FED) released the minutes of the October FOMC monetary policy meeting at 3 a.m. Taiwan time today (20th). This document clearly shows that the FED officials had rare and significant disagreements regarding whether to cut rates at the October meeting: should the priority be to guard against a "slowdown in the labor market," or to continue suppressing "stubborn inflation"? The committee members have polar opposite views. Hopes for a rate cut in December have greatly diminished: most members tend to "not cut rates this year first."

Vitalik Buterin predicted at the Devconnect developer conference held in Istanbul in November that Bitcoin is about to be cracked in 2028, possibly before the next U.S. presidential election, urging the community to participate in Ethereum's quantum defense upgrade (Background: Raoul Pal warned: The Federal Reserve (FED) will no longer print money under QE, "Liquidity will be short," or a repeat of the 2018 repurchase market financial crisis) (Context: The U.S. will release the non-farm payroll report for September next week, with the market closely watching the impact of the Federal Reserve (Fed) interest rate cuts) Ethereum co-founder Vitalik Buterin dropped a bombshell in front of a crowd of developers at the Devconnect developer conference in Istanbul in November: Quantum computers may crack elliptic curve cryptography before 2028.

According to Mars Finance news, as reported by Jin10, Mitsubishi UFJ analyst Derek Halpern stated that if the upcoming Nvidia earnings report leads to 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 a decline in technology/artificial intelligence zone stocks impacting the overall economy have resurfaced. Furthermore, a further decline 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 trend before the end of the year.

According to Mars Finance, as reported by Jin10, the US dollar is consolidating sideways as investors become more cautious ahead of key data releases in search of clues regarding the future path of US interest rate cuts. The Fed's meeting minutes will be released at 3 AM Beijing time on Thursday. Chair Powell has stated that a rate cut in December is not a foregone conclusion. However, the most closely watched data this week is still the September delayed US Non-farm Payrolls (NFP) to be released on Thursday. Given the current mixed views in the market regarding whether the Fed will cut rates in December, the importance of this data is further highlighted.

Burry responded for the first time after revoking the SEC registration of his fund, stating that he is still active in the market and has freed himself from Compliance restrictions (Background: Raoul Pal warns: If the Federal Reserve (FED) does not print money for QE, "Liquidity will be scarce," possibly repeating the 2018 repo market financial crisis) (Context: The U.S. will release the non-farm payroll report for September next week, with the market closely watching the impact of interest rate cuts by the Federal Reserve (Fed)) Michael Burry, the hedge fund manager known for being the prototype of "The Big Short," has repeatedly warned about the AI bubble and has been shorting. With his fund continuously losing money, earlier this month he terminated the investment advisor (RIA) registration of his asset management company Scion Asset Management with the SEC. Burry later expressed via email to the community that he is still active in the market, clarifying his regulatory identity change.

As of November 15, 2025, the global financial markets have experienced significant fluctuations this week. The U.S. federal government has undergone the longest shutdown in history (from October 1 to November 12, 2025, lasting 43 days), resulting in the permanent absence of key data such as October non-farm payrolls and October CPI, with the market trading in a data vacuum and emotions fluctuating. 1. The probability of the Federal Reserve lowering interest rates in December has dropped significantly to below 50%. After the September FOMC meeting, the market initially priced a 100% chance of a 25bp rate cut in December, mainly based on the dot plot from that month, which showed that a majority of officials expected the median federal funds rate at the end of 2025 to fall within the range of 4.25-4.50% (which means another cut of 50bp, with one in December). However, the minutes from the October meeting and statements from several Federal Reserve officials since November have completely changed this expectation. 1. Latest statements from key officials (November 4-14, 2025)

This week's macroeconomic indicator analysis points out that the U.S. government has ended the longest shutdown in history, and the absence of economic data has affected the CPI release. Follow the upcoming US Non-farm Payrolls (NFP) data, Nvidia earnings report, and Fed meeting minutes. At the same time, the monetary policy dynamics of China and Japan are also worth following.

Today's News Highlights: 1. Macroeconomic Outlook for Next Week: The First Non-Farm Payroll After the Standstill Arrives, the Crypto Market May Continue to Face Pressure 2. Arthur Hayes allegedly sold $1.66 million ETH, $733,000 ENA, and $124,000 ETHFI. 3. Arthur Hayes is suspected of selling another $2.45 million worth of ETH, ENA, LDO, AAVE, and UNI. 4. In the past week, Bitmine increased its holdings by 67,000 ETH, worth over 234 million USD. 5. Glassnode: Only 5% of the supply of the top 500 altcoins is in a profitable state. 6.Tom

The sense of relief brought by the end of the U.S. government shutdown has dissipated, economic data pressures have increased, Wall Street sentiment is cautious, Bitcoin prices have fallen below $95,000, the crypto market is under pressure, and market capitalization has evaporated by over $1 trillion. This week, focus on the Fed's related speeches and meeting minutes.

The U.S. Bureau of Labor Statistics will release the September non-farm payroll data on November 20, and the market will closely follow the impact of this data on the Federal Reserve's interest rate decision in December. Goldman Sachs and Morgan Stanley predict weak job growth, which may affect the likelihood of rate cuts, especially changes in the unemployment rate and economic conditions will become key indicators.

Author: Frank, MSX Research Institute 43 days, the longest government shutdown in American history. On the evening of November 12, Eastern Time, following the House of Representatives' approval of the federal government temporary funding bill, Trump also signed it into law, marking a phase conclusion to this political drama. According to estimates from the Congressional Budget Office, a six-week shutdown could reduce U.S. GDP by 1.5 percentage points, resulting in a net loss of approximately $11 billion. Source: White House Official Website But a more invisible and tricky problem has emerged: the shutdown has interrupted the U.S. statistical system, with a large absence of key economic data that should have been released daily, weekly, and monthly, from employment to inflation, from GDP to retail. This is especially true for core employment data such as non-farm payrolls, which are a key basis for the Federal Reserve to formulate monetary policy and directly influence major decisions like interest rate cuts.

Author: Deep Tide TechFlow Market dynamics yesterday Trump signs bill, ending government shutdown in the United States. According to Jinshi Data, U.S. President Trump has signed a temporary funding bill, ending the longest government "shutdown" in U.S. history. The bill will provide ongoing funding for the federal government, allowing most government agencies to receive operational funds until January 30, 2026. The US October CPI was not published as expected. The U.S. Bureau of Labor Statistics failed to release the October CPI report on schedule. Previously, the White House had issued a warning: due to the government shutdown, investigators were unable to be deployed on-site for data collection, and the October non-farm and inflation data may never be published. The U.S. government ended the shutdown on November 12 local time, federal workers will return to work on November 13, and the U.S. Bureau of Labor Statistics will release the September economic data after the government reopens. National Economic Council of the White House, USA

Atlanta Federal Reserve President Bostic announced that he will retire in February 2026, coinciding with the Federal Reserve facing political pressure and leadership changes, bringing new personnel uncertainty to the Fed. This article is derived from a piece written by Wall Street Insights, compiled, translated, and authored by Foresight News. (Background: The Federal Reserve's mouthpiece shouts "Fed fully disconnected": losing third-party small non-farm employment data increases market uncertainty) (Background supplement: The Federal Reserve's mouthpiece warns: Government shutdown makes Fed decision-making difficult, is year-end rate cut or cancellation possible?) The Atlanta Federal Reserve stated in a statement that Bostic will step down on February 28, 2026. His departure may have limited impact on monetary policy, as Bostic would not have gained voting rights on Federal Reserve interest rate decisions before 2027. According to the rotation system, the 12 regional Federal Reserves.

According to Mars Finance, Wu Jihan, Chairman and CEO of the crypto mining company Bitdeer, confirmed in a social media post that a fire broke out today at the company's new Mining Farm in Massillon, Ohio. He stated that two of the 26 buildings collapsed, with no injuries reported; the senior management team has rushed to the scene and will conduct a further investigation into the matter.