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- 30-day U.S. government shutdown threatens food and heating aid for millions of low-income Americans. - Exhausted $6B SNAP fund risks 42M households; LIHEAP delays leave 300K Pennsylvania families without heating support. - Nonprofits like Propel offer $50 cash relief, but gaps persist as states struggle to compensate for federal shortfalls. - Bipartisan stalemate on ACA subsidies delays resolution, with Trump prioritizing military funding over social programs.
- Ripple's RLUSD stablecoin nears $900M market cap, up from $400M in August 2025, driven by institutional adoption and XRP Ledger growth. - Global firms added $11B in XRP reserves, while RLUSD expanded into cross-border payments and Nigerian EV transactions via Tembo e-LV. - XRP Ledger's regulatory tools (Clawback, Deep Freeze) attracted $364M in tokenized assets, including USDC and XSGD, boosting institutional trust. - Analysts highlight RLUSD as a "liquidity amplifier" for XRP, with planned 2026 Japan la
- Trump confirmed Xi Jinping pledged no military action against Taiwan during his term, easing Taipei's immediate concerns but leaving strategic uncertainties. - The U.S.-China trade deal reduced tariffs and eased rare earth restrictions, with Trump planning a China visit to stabilize bilateral relations. - Taiwan's leaders reaffirmed sovereignty commitments, while Beijing warned "all necessary measures" remain possible against unification rejection. - U.S. strategic ambiguity on Taiwan defense persists, w
Quick Take Summary is AI generated, newsroom reviewed. The Federal Reserve injected $29.4 billion overnight, its largest move since the Dot-Com Bubble. The XRP community views this as a bullish event, recalling previous rallies after Fed interventions. XRP trades near $2.48, with potential upside toward $3 if liquidity boosts continue. The Fed’s move follows a drop in U.S. bank reserves to $2.8 trillion, raising concerns about hidden stress.References X Post Reference
Quick Take Summary is AI generated, newsroom reviewed. BitMine purchased 7,660 ETH worth $29.28 million from Galaxy Digital. The trade occurred at an average price of $3,823 per ETH. BitMine aims to accumulate 5% of Ethereum’s total supply under its “Alchemy of 5%” plan. This follows BitMine’s earlier $800 million ETH purchase in October 2025.References X Post Reference
Quick Take Summary is AI generated, newsroom reviewed. Q4 historically delivers strong crypto gains, often ending with a “Santa Rally.” Ethereum currently holds a 29% chance of reaching $5,000 by year-end. Rising spot volume, lower exchange reserves, and Layer-2 growth boost optimism. Technical resistance remains near $4,800–$5,000; a break above it could spark a surge.References X Post Reference
- BullZilla’s presale exceeds $990,000, reflecting investor confidence in utility-driven altcoins leveraging AI and multichain infrastructure. - Bitcoin’s $8B onchain inflow and rising stablecoin liquidity signal potential price rebound, though ETF flows and macroeconomic factors remain critical catalysts. - Institutional adoption accelerates globally, with projects like Remittix ($27.7M raised) and Blazpay ($1M Phase 3) showcasing practical cross-border payment solutions and 2025 price targets. - Stableco
- Ethereum's meme coin market is evolving with Noomez ($NNZ) introducing a 28-stage presale, token burning, and on-chain transparency to combat volatility and hype-driven criticism. - The project's deflationary model, featuring escalating prices and liquidity locks, aims to differentiate it from Shiba Inu/Dogecoin by integrating DeFi accountability and long-term incentives. - Daily airdrops, 66% APY staking, and strategic partnerships attract investors, though critics warn meme coins remain high-risk despi
- 23:41Overview of Major Overnight Developments on November 67:00 (UTC+8) - 12:00 (UTC+8) Keywords: ADP, Ripple, Solana Company, CMT Digital 1. The probability of a 25 basis point rate cut by the Federal Reserve in December is 62.5%; 2. US October ADP employment increased by 42,000, higher than expected; 3. Solana Company has approved the launch of a $100 million stock buyback plan; 4. Digital asset venture capital CMT Digital's fund has completed a $136 million fundraising; 5. Ripple has completed $500 million in financing, led by Fortress and Citadel Securities; 6. Digital asset infrastructure company OFA Group has completed $50 million in private equity financing; 7. Balancer released a preliminary report on a vulnerability attack incident: it was caused by an error in the rounding logic of batch swap transactions being exploited.
- 23:16Tuttle submits a series of single-stock Crypto Blast ETF applicationsJinse Finance reported that Eric Balchunas, Senior ETF Analyst at Bloomberg, posted that Tuttle has just filed a series of single-stock Crypto Blast ETF applications. As I understand it, these ETFs will use a bear call spread strategy on the underlying stocks, while investing the unutilized margin cash into cryptocurrency ETFs tracking bitcoin (BTC), ethereum (ETH), and solana (SOL), thereby achieving an "explosive" (return effect).
- 23:02Citi and DTCC: Tokenized collateral technology is mature, regulatory lag is the main obstacleJinse Finance reported that at the SmartCon conference in New York, executives from Citi, the Depository Trust & Clearing Corporation (DTCC), and Taurus stated that cross-asset tokenized collateral has already been tested and implemented in many regions globally, but regulatory frameworks have yet to keep pace with technological advancements. Ryan Rugg, Head of Digital Assets at Citi, pointed out that their "Citi Token Services" system is now live, supporting real transactions such as supply chain payments and capital markets settlements, with transaction volumes reaching several billions of dollars. However, due to the lack of unified legal standards across jurisdictions, global expansion has been slow. Nadine Chakar, Head of Digital Assets at DTCC, stated that the recent "Great Collateral Experiment" validated that tokenized government bonds, stocks, and money market funds can be used as collateral across time zones, but the real bottleneck lies in legal enforceability and market trust, rather than the technology itself. Lamine Brahimi, Co-founder of Taurus, called on the United States to follow Switzerland's example and establish a nationwide unified legal and technical framework for tokenized assets, otherwise the financial system will face fragmentation and compliance risks.