Analysis: Expectations of US interest rate cuts and the appeal of safe-haven assets have driven Spot gold to a record high.
Golden Finance reports that spot gold soared to a historic high of $4,384.82 per ounce on Monday, driven by market expectations for further interest rate cuts by the Federal Reserve, ongoing safe-haven demand, and a weakening dollar. Fueled by geopolitical and trade tensions, a surge in central bank purchases, and hopes for rate cuts next year, gold, a traditional safe-haven asset, has risen by 67% this year. Investors are currently pricing in two interest rate cuts in th

Analysis: Bitcoin's RSI relative to gold has fallen to a near three-year low, seen as the boundary between bull and bear.
Golden Finance reports that the price of Bitcoin against gold (BTC/XAU) has fallen to around the level of 20 ounces of gold, marking the lowest since early 2024. At the same time, the weekly RSI indicator for this ratio has dropped to about 29.5 (oversold area), approaching a three-year low. Data shows that this RSI oversold area has historically been common near bear market bottoms, with some analysts suggesting that this could mean Bitcoin is undervalued and has poten

An Ethereum ICO OG wallet transfers 2,000 ETH after being dormant for over 10 years
Golden Finance reports that according to Lookonchain monitoring, an Ethereum ICO wallet (0xbDb6), after being dormant for more than 10 years, has just transferred all 2,000 ETH (5.96 million USD ) to a new wallet. It only invested $620 in the ICO and received 2,000 ETH — now worth $5.96 million, with a return of up to 9,616 times.

European Central Bank President: Digital Euro Readiness Completed, Launch Expected in H2 2026
Golden Finance reports that European Central Bank President Christine Lagarde stated on Thursday that preparations for the digital euro have been completed and are awaiting further approval from government agencies, with a launch expected in the second half of 2026. The European Central Bank views the digital euro as a strategic financial tool. Christine Lagarde said, "Our goal is to ensure that in the digital age, there is a currency that can serve as the cornerstone of financial system stability." T

The total supply of stablecoins has increased by 33% this year, surpassing $304 billion.
Golden Finance reports that, according to Delphi Digital data, the total supply of stablecoins has grown by 33% this year, exceeding $304 billion; its adjusted monthly trading volume now surpasses Visa and PayPal.

Bank of Canada Sets Standards for "High-Quality" Stablecoins
Golden Finance reports that the Bank of Canada stated that under the new stablecoin regulatory framework expected to be implemented in 2026, only high-quality stablecoins linked to central bank currency will be approved, ensuring that stablecoins can serve as "high-quality currency." Bank of Canada Governor Tiff Macklem told the Montreal Chamber of Commerce on Tuesday, "We want stablecoins to function like banknotes or demand deposits, as a form of high-quality currency." Macklem proposed that stablecoins must maintain a 1:1 peg with

Elon Musk's wealth hits a new high, with his net assets surpassing the $600 billion mark for the first time
Golden Financial reports that, according to the Bloomberg Billionaires Index, the world's richest person Elon Musk's wealth has hit a new high, with his net assets surpassing the $600 billion mark for the first time, approaching $638 billion. Previously, SpaceX achieved an estimated valuation of about $800 billion in an internal share sale, making SpaceX the world's most valuable private company. Musk is the founder and CEO of the company. After applying a liquidity discount for private

Market Analysis: Gold Benefits from a Softening Dollar and Investor Wait for Key Data
GoldPrice.com reports that, influenced by a softer dollar and investors awaiting key US economic data, gold prices have risen. New York gold futures increased by 1.1% in early trading to $4,377.40 per ounce, while the US Dollar Index remained flat at 98.36. The upcoming release of the November Non-Farm Payrolls report and Consumer Price Index (CPI) inflation data will be closely watched for more clues on the Fed's policy outlook. FP Markets analyst Aaron Hill stated, “The current main concern is the pace at w

The core industry scale of artificial intelligence in 2025 is expected to surpass 1 trillion yuan
On December 14, it was reported that according to the China Academy of Information and Communications Technology, since the beginning of this year, China's artificial intelligence industry has shown an accelerating development trend, and the scale of the core artificial intelligence industry in 2025 is expected to break through 1 trillion yuan. Data shows that since the beginning of this year, the application of large models in the manufacturing sector has increased significantly, with application

Pioneer Group Quantitative Stock Director: Bitcoin is more like a speculative collectible than a productive asset
Golden Finance reports that John Amery, Director of Quantitative Stocks at Pioneer Group, said that Bitcoin still resembles a speculative collectible "like popular plush toys" rather than a productive asset with income or cash flow characteristics.

Trump Orders SEC to Review Proxy Advisory Firm Rules
Golden Finance reports that U.S. President Donald Trump issued an executive order attempting to limit the influence of proxy advisory firms. This is part of his effort to weaken the impact of third-party organizations on the decision-making of listed companies. The executive order released on Thursday instructs the Chairman of the U.S. Securities and Exchange Commission (SEC) to review rules and regulations related to proxy advisory firms and consider amending or rescinding those that are inconsistent with the purpose of this order, includin

Michael Saylor: Bank of New York Mellon, JPMorgan Chase and many other large banks have begun to issue Bitcoin-backed credit
Golden Finance reported that Michael Saylor, founder and executive chairman of Strategy, said that a number of large banks, including BNY Mellon, Wells Fargo, Bank of America, Charles Schwab, JPMorgan Chase and Citigroup, have begun to issue credit with Bitcoin as collateral.

Hassett: It would be "irresponsible" to set the Fed’s interest rate target plan for the next six months in advance
According to Jinse Finance, White House National Economic Council Director Kevin Hassett stated that it would be "irresponsible" for the Federal Reserve to set its interest rate target plan for the next six months in advance, emphasizing the importance of following economic data. In an interview with CNBC on Monday, Hassett said that the Fed Chair’s duty is to observe data, adjust policy, and explain the reasoning behind their actions. Therefore, if someone says “I will do this in

Court Orders OpenAI to Submit 20 Million ChatGPT User Logs to The New York Times
According to Jinse Finance, citing Decrypt, U.S. Federal Judge Ona T. Wang has rejected OpenAI’s request to limit evidence disclosure and ordered the company to provide The New York Times with approximately 20 million de-identified ChatGPT user conversation records. The court found that this data is crucial to determining whether ChatGPT has reproduced content protected by The New York Times’ copyrights and is “proportional to the needs of the case.” While OpenAI expressed concerns about user privacy, the judge no

Today, the Fear & Greed Index dropped to 26, still at the "Fear" level
According to Jinse Finance, the Fear & Greed Index dropped to 26 today (down from 28 yesterday), remaining at the "Fear" level. Note: The Fear & Greed Index ranges from 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Activity (15%) + Market Surveys (15%) + Bitcoin's Market Share (10%) + Google Trends Analysis (10%).

The chairman of the SEC will give a speech at the New York Stock Exchange tonight at 10:15, outlining the future vision of the American Capital Market.
According to a report by Golden Finance, the Chairman of the U.S. Securities and Exchange Commission (SEC) Paul Atkins will ring the opening bell at the New York Stock Exchange at 10:15 PM Beijing time on December 2 (9:15 AM Eastern Time) and will give an important speech titled "Revitalizing the American Capital Market on the 250th Anniversary" at 11 PM. In his speech, he will elaborate on his overall vision for strengthening the American Capi