WESTERN UNION TO BUILD STABLECOIN ON SOLANA BLOCKCHAIN, ISSUE WITH ANCHORAGE: WSJ

JUST IN: 🇺🇸 NVDA announces partnership with the U.S. Department of Energy to build 7 new AI supercomputers.

🇫🇷 JUST IN: French lawmakers to review motion to ban CBDCs and promote Bitcoin, stablecoins, and national crypto reserves.

#TOTAL MARKET CAP ANALYSIS

The total crypto market cap is rebounding from the support trendline of the broadening wedge pattern.

Currently, it is facing resistance from the Ichimoku Cloud, which is acting as a barrier above the price action.

Here, we can expect a short-term correction, while a solid breakout of the cloud will provide further upward movement in the market.

New crypto ETFs tracking Litecoin, Hedera and Solana generate $65 million in day-one trading volume

World Liberty Financial to distribute 8.4 million WLFI for early USD1 adopters.

Grayscale debuts Solana staking ETF, as crypto firms push ahead despite government shutdown.

JUST IN: 🇺🇸 98% chance of Fed cutting rates by 25 bps today, per traders on Kalshi.

21Shares files for Hype ETF.

#BTC/USDT ANALYSIS

Bitcoin is facing rejection from the Ichimoku Cloud, which is acting as a strong resistance barrier. Further correction is possible, while a solid breakout above the cloud will confirm a bullish move.

🇨🇦 JUST IN: Canada just got a 25bps rates cut.

#PHB/USDT

Hit 1.040 | +114% So Far 🚀✌️

Massive move - more than 114% profit after our call! 🚀

Perfect analysis and timing from the team 💪 Stay tuned for more high-accuracy crypto calls.📈

FED CUTS BY 25 BPS.

JUST IN: 🇺🇸 Federal Reserve to stop shrinking its balance sheet on December 1st.

POWELL: ESTIMATE TOTAL PCE AND CORE PCE ROSE 2.8%

POWELL: HIGHER TARIFFS PUSHING UP SOME GOODS PRICES

POWELL: FURTHER REDUCTION AT DECEMBER NOT A FOREGONE CONCLUSION

POWELL: WE HAVEN'T MADE A DECISION ABOUT DECEMBER

POWELL: WE HAD STRONGLY DIFFERING VIEWS TODAY

POWELL: TODAY'S CUT WAS RISK MANAGEMENT

POWELL: GOING FORWARD IS A DIFFERENT THING

JUST IN: $300,000,000 liquidated from the crypto market in that past 15 minutes as Fed Chair Jerome Powell delivers FOMC speech.