Tuesday, December 2, 2025

BTCC Crypto Daily (12.2) ｜Japan Launches DOGE Government Efficiency Unit; U.S. GENIUS Act Advances

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Top Highlights

• Japan launches its national “DOGE” Government Efficiency Unit
• FDIC to continue advancing the implementation of the GENIUS Act
• Bitcoin mining industry faces the most severe profitability squeeze in 15 years

Macro & Policy Outlook
Today’s Key Events

• NVIDIA attends the UBS Global Technology & AI Conference
• OECD releases its latest economic outlook
• Amazon’s annual cloud computing conference opens

Macro Headlines

1. Japan launches its national “Government Efficiency Unit (DOGE)”
The Japanese government has officially launched its own version of the “Government Efficiency Unit” (DOGE). At its first meeting, the unit outlined plans to identify and eliminate inefficient tax measures and subsidies. After the DOGE meeting, Finance Minister Satsuki Katayama said that despite BOJ Governor Kazuo Ueda expressing confidence in the economic outlook and hinting at potential rate hikes, there is no divergence between the government and BOJ regarding economic assessment.

2. FDIC to continue advancing the implementation of the GENIUS Act
FDIC Acting Chairman Travis Hill stated in testimony submitted to the U.S. House Financial Services Committee that the FDIC will release the first regulatory proposals for stablecoin issuers in December as part of implementing the “U.S. Stablecoin National Innovation and Clarity Act (GENIUS Act).” The initial proposals will clarify the federal registration process for stablecoin issuers. Early next year, the FDIC will issue prudential requirements for FDIC-supervised payment stablecoin issuers, including capital standards, liquidity requirements, and reserve asset quality rules.

3. Riksbank: U.S. and EU regulatory approaches are converging
A research report from Sweden’s Riksbank notes that despite structural differences, U.S. and EU policies on stablecoins are gradually converging in practice. While both jurisdictions legally permit certain entities to hold central-bank reserve balances, actual use remains limited. The European Central Bank has allowed select non-bank payment institutions to hold central-bank account balances for settlement, but this does not extend to use as stablecoin reserve backing.

Traditional Market Cross-Asset Reference

• U.S. equities fell following the Thanksgiving holiday: Nasdaq -0.38%, S&P 500 -0.53%, Dow Jones -0.9%.
• As of December 2 at 15:00 HKT: spot gold -0.48% (4,210 USD/oz); WTI crude (USOIL) -0.15% (59.41 USD/barrel).

Crypto Market Snapshot

1. Top Cryptocurrency Spot Prices (as of December 2, 2025, 15:00 HKT)

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2. Futures Capital Flow Analysis
According to Coinglass data on December 2, the past 24 hours saw notable net outflows in derivatives trading for SOL, DOGE, XRP, ASTER, and LINK, indicating potential trading opportunities in these assets.

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3. Bitcoin Liquidation Map
Based on Coinglass data (December 2), with Bitcoin currently around 87,037 USD, a drop below 83,000 USD would push cumulative long liquidations on major CEXs to 1.65 billion USD. Conversely, a breakout above 89,000 USD would bring cumulative short liquidations to 1.14 billion USD. Proper leverage control is advised to reduce risks of large-scale liquidations under volatile price conditions.

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4. Bitcoin Long/Short Ratio
As of 15:00 HKT on December 2, Coinglass shows the global Bitcoin long/short ratio at 0.6396, with long positions accounting for 39.01% and short positions 60.99%.

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5. MEME Monitoring
According to the latest Coinglass data (December 2), the MEME sector displayed overall bullish sentiment. PIPPIN, FARTCOIN, and ZEREBRO saw daily gains of approximately 17–34%. PIPPIN recorded a surge of over 40% in OI despite lower trading volume, while funding rates sharply flipped negative, indicating intensified two-way positioning. JELLYJELLY and TSLA saw trading volumes grow more than 10x and nearly 30x respectively, alongside rising OI, reflecting concentrated short-term speculation. Overall, the sector is in a high-volatility, fast-rotation phase, with activity focused on mid- and small-cap meme tokens. Caution is advised due to increased risk of rapid reversals.

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6. On-Chain Monitoring
• According to Lookonchain, ten newly created wallets accumulated a total of 2,612 BTC in the past week (worth around 231 million USD). All wallets were recently created, and their subsequent actions remain worth monitoring.

• According to OnchainLens, an early-era Satoshi-age miner wallet moved 50 BTC (around 4.33 million USD) after more than 15 years of inactivity, distributing the funds into five newly generated addresses.

Blockchain Headlines

• BitMine: currently holds more than 3% of total ETH supply
• DeepSeek releases V3.2 with upgraded reasoning and tool-use capabilities
• Kalshi migrates thousands of prediction markets onto Solana
• Sushi leader Jared Grey steps down, moves into advisory role; Sushi receives major investment from Synthesis
• Huang Licheng’s ETH long position liquidated again, losing around 400 ETH
• Gleec acquires Komodo’s cross-chain DeFi stack for 23.5 million USD
• Strategy establishes 1.44 billion USD reserve for dividends
• PeckShield: Yearn recovers 2.4 million USD by burning hacker-held pxETH
• Europol: cross-border operations in Germany and Switzerland shut down 1.4 billion USD crypto mixer
• Zama to begin public auction on January 12, 2026, selling 10% of ZAMA tokens
• CoinShares: digital asset investment products saw 1.06 billion USD of net inflows last week
• Polygon co-founder: hopes Strategy does not become “the LUNA of this cycle”

Institutional Insights · Daily Picks

• TheMinerMag: Bitcoin mining industry is undergoing the most severe profitability squeeze in 15 years. Hash price has fallen to roughly 35 USD/PH/s, new-generation miners now require more than 1,000 days to break even, and the next halving is only about 850 days away.

• Greeks.live: sentiment among traders is broadly bearish, with many believing that Bitcoin has entered a bear-market rhythm. The key support at 80,000 USD is under close watch; many expect it to break, with potential downside to the 65,000–74,000 USD range.

BTCC Exclusive Market Analysis

On December 2, the 4-hour chart shows BTC remaining within a medium-term downtrend channel. After rebounding from around 84,000 USD, BTC has been oscillating within the 87,000–89,000 USD zone. Price has retaken the MA10 but remains below the MA20, indicating that the rebound is corrective rather than impulsive. MACD negative bars have narrowed but remain below the zero axis; ROC stays negative; PVT is flat near lows — signaling that while selling pressure has eased somewhat, strong new long momentum is still lacking. The key short-term levels to watch are support at 85,000 USD and resistance at 89,000–91,000 USD.

From a fundamental perspective, the FDIC’s commitment to advancing the GENIUS Act suggests tighter oversight of financial institutions’ exposure to high-volatility assets, which may constrain leverage expansion in the crypto market over the medium term. Japan’s DOGE launch reflects domestic fiscal and administrative efficiency reforms and is liquidity-neutral globally. Meanwhile, the mining industry faces severe cash-flow stress due to rising electricity costs and increased network difficulty, potentially accelerating miner capitulation and short-term sell pressure on BTC.

Given the convergence of negative technical and fundamental signals, aggressive long entries are not recommended. If BTC holds 85,000 USD with rising volume, small-sized long attempts toward the 89,000–91,000 USD region may be considered. However, repeated rejection near the MA20 favors light short positioning around resistance, with stop losses above 92,000 USD. For futures trading, tight leverage control and short-cycle “range trading with fast entries and exits” is advised, as the market remains in a weak consolidation phase dominated by stock-driven flows rather than a clear trend reversal.

Risk Warning: The above information is for reference only and does not constitute investment advice or trading guidance. Cryptocurrency trading carries risks. Please manage your positions prudently.

The Daily Market Flux - Your Complete Market Rundown (12/02/2025)

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Here is Your Complete Market Rundown (12/02/2025)

Company News:

Amazon.com, Inc. (AMZN)

Performance Overview

1D Change: 0.26%

5D Change: 3.64%

News Volume: 246

Unusual Volume Factor: 2x

Amazon Unleashes Major AI Offensive with New Trainium3 Chip and Agent Tools While Testing 30-Minute Delivery Service

Amazon Web Services launched a comprehensive suite of AI products at its re:Invent conference, headlined by the Trainium3 chip and UltraServers designed to challenge Nvidia and Google in the AI infrastructure market. The company claims the new chips deliver four times the computing power of the previous generation while reducing training and inference costs by up to 50 percent compared to competing GPUs, according to early customer feedback from companies including Anthropic and Ricoh. The cloud giant simultaneously unveiled four new Nova AI models, introduced Nova Forge for custom model building, and released Nova Act for browser-based AI agents. AWS also announced Frontier Agents, a new class of AI agents capable of working autonomously for extended periods as extensions of software development teams. The company is deepening its partnership with Nvidia, incorporating NVLink Fusion technology into its silicon stack and adding Blackwell GPUs to its infrastructure. Beyond AI infrastructure, Amazon introduced AI Factories to transform existing customer data centers into high-performance AI environments. The company expanded partnerships with Adobe, Red Hat, NetApp, and Sony while announcing new security integrations with SentinelOne and Varonis through AWS Security Hub. In its retail operations, Amazon began testing ultra-fast 30-minute delivery service in Seattle and Philadelphia, intensifying competition with grocery delivery services. The move sent Instacart stock down 4 percent as investors assessed the competitive threat. Separately, Amazon cut seller fees in Europe to counter competition from low-cost marketplaces Shein and Temu. Wells Fargo raised its price target on Amazon to $295 from $292, maintaining an Overweight rating. Analysts characterized the Trainium3 launch as incremental but significant, noting that cloud capacity remains the critical factor for AWS's AI ambitions. The announcements underscore Amazon's determination to establish itself as a comprehensive AI platform provider while maintaining its retail innovation momentum.

The Boeing Company (BA)

Performance Overview

1D Change: 10.15%

5D Change: 14.8%

Boeing Shares Surge 10 Percent on CFO Forecast of Positive Cash Flow and Higher Deliveries in 2026

Boeing shares rallied sharply Tuesday, climbing as much as 10 percent after Chief Financial Officer Brian West outlined an improving financial outlook at the UBS Global Industrials and Transportation Conference. West projected the company will achieve positive free cash flow in 2026, marking a significant turnaround from an expected $2 billion cash outflow in 2025. The CFO stated that Boeing's recovery is in full force, forecasting higher deliveries of both 737 and 787 aircraft in 2026 compared to 2025. The company expects to deliver 440 to 450 total jets in 2025, with approximately 50 units coming from inventory. Boeing plans to stabilize 737 production at 42 aircraft per month by November and increase 787 output to 8 units monthly. West indicated the company expects low single-digit free cash flow growth in 2026 and expressed confidence in achieving Boeing's long-term $10 billion cash generation target. The 737 MAX 10 certification is anticipated in late 2026. November deliveries came in slightly below expectations, according to the CFO. Boeing also confirmed it will complete its acquisition of Spirit AeroSystems this year. A Department of Justice penalty payment will shift into 2026. West noted the company is not yet positioned to consider investor returns but expects cash margins to begin improving next year. The positive guidance helped lift the Dow Jones Industrial Average, with Boeing among the day's top performers. The stock's advance came as broader markets climbed on growing Federal Reserve rate cut expectations. Separately, Argentine low-cost carrier Flybondi announced orders for both Airbus and Boeing jets valued at $1.7 billion as part of an expansion plan. The developments provided a stark contrast to rival Airbus, which faced fresh fuselage issues with its A320 aircraft.

Intel Corporation (INTC)

Performance Overview

1D Change: 8.67%

5D Change: 21.75%

Intel Surges 8 Percent on Apple Chip Manufacturing Deal Expected by 2027

Intel shares climbed more than 8 percent on December 2, reaching a 52-week high of $42.51, driven by reports that the chipmaker is expected to begin manufacturing Apple's M-series chips for MacBook Airs and iPad Pros as early as 2027. The potential partnership hinges on the successful maturation of Intel's 18A-P manufacturing process within the next 18 to 24 months. The stock has gained over 80 percent in the past three months, marking a significant turnaround for the struggling semiconductor manufacturer. Intel was among the most actively traded stocks by volume on the day, with heightened options activity reflecting investor interest in the Apple development. Separately, Intel announced a $208 million investment expansion in Malaysia to bolster its semiconductor operations in the region. The company also faces ongoing legal tensions with TSMC over trade secrets allegations. In related developments, the U.S. Commerce Department signed a nonbinding letter of intent to invest up to $150 million in CHIPS Act funding into xLight, a startup chaired by former Intel CEO Pat Gelsinger. The company is developing free electron laser technology aimed at enhancing extreme ultraviolet lithography tools and reducing advanced chip manufacturing costs. The broader market context showed Wall Street rising as technology stocks rebounded following a previous day's selloff, with Bitcoin moving past $90,000. Intel's rally occurred alongside gains in other semiconductor stocks, though the sector faced competitive pressure from Amazon's introduction of new AI chips positioned as more cost-efficient alternatives to Nvidia's offerings.

Microchip Technology Incorporated (MCHP)

Performance Overview

1D Change: 6.19%

5D Change: 10.82%

Microchip Technology Raises Q3 Guidance on Strong Bookings and Revenue Growth

Microchip Technology raised its fiscal Q3 2026 guidance, now expecting net sales and earnings per share at the high end of prior projections with non-GAAP EPS around $0.40. The updated December quarter revenue outlook implies 12% year-over-year growth. The company reported strong November bookings with backlog filling better than expected and growing into the March 2026 quarter. Shares rose following the announcement.

Technology Events

OpenAI CEO Altman Declares Code Red as Google Competition Intensifies

OpenAI CEO Sam Altman issued an internal "code red" memo on December 1, directing staff to pause projects including advertising and AI agents to focus on improving ChatGPT's speed and reliability. The urgent directive signals mounting competitive pressure from Google's Gemini 3 and Anthropic as OpenAI's market lead narrows. The company is prioritizing core product enhancements over expansion initiatives.

Marvell Acquires Celestial AI for $3.25 Billion to Expand Optical Connectivity

Marvell announced plans to acquire chip startup Celestial AI for approximately $3.25 billion, strengthening its networking and optical connectivity portfolio in the semiconductor sector.

Macro Events

Euro Area Inflation Edges Higher as Spain Unemployment Falls

Euro area November inflation rose to 2.2% year-over-year, slightly above the 2.1% forecast, while core CPI held at 2.4%. Spain's unemployment dropped by 18,800 in November, beating expectations. France's budget deficit narrowed to €136.2 billion through October from €155.4 billion previously.

Trump to Name New Fed Chair Early 2026, Bessent Not Interested

President Trump announced he will select a new Federal Reserve chair in early 2026 to replace Jerome Powell, confirming Treasury Secretary Bessent does not want the position.

Bank of England Cuts Capital Requirements for UK Banks After Stress Test Success

The Bank of England reduced its benchmark Tier 1 capital requirement for UK banks from 14% to 13% following successful stress tests, marking the first significant easing of post-2008 financial crisis buffers. The Financial Policy Committee noted UK capital rules appear stricter than US and EU standards and announced plans to review leverage ratios.

Trump Signals Kevin Hassett as Leading Fed Chair Candidate

President Trump announced the Federal Reserve chair selection has narrowed to one candidate after reviewing approximately ten prospects. Trump publicly referred to Kevin Hassett as a "potential" Fed chair during a White House gathering, with prediction markets now showing an 80% probability of his nomination. The president indicated he will announce his selection for the next Fed chair early next year.

OECD Upgrades Global Growth Forecast, Citing Resilience to Tariffs

The OECD raised its 2025 global growth forecast to 3.2%, upgrading projections for the US, eurozone, and China despite tariff pressures. The eurozone outlook improved to 1.3% growth, while China's forecast rose to 5%, signaling unexpected economic resilience.

Australia's Mixed Economic Signals Suggest End to Rate Cut Cycle

Australia's composite PMI held at 52.6 while construction and manufacturing indices remained deeply negative at -18.7 and -18.0 respectively. RBA Governor Bullock cited a tight labor market and closed output gap, with analysts suggesting the central bank's rate-cutting cycle may conclude after just three reductions.

Mixed Rate Cut Outlook as Australia Heats Up While US Markets Reassess Fed Expectations

Australia's economy is running hot, potentially limiting rate cuts to just three moves. JPMorgan strategists warn Treasuries won't match 2025's performance as markets have overpriced Fed rate cuts. However, Piper Sandler and JPMorgan analysts expect lower rates to broaden economic strength in 2026. Banks benefit from improved yield curve conditions.

Fed Ends QT as Central Banks Signal Cautious Monetary Stance

The Federal Reserve officially ended quantitative tightening and injected $13.5 billion into US banks, with markets pricing 87% odds of a December rate cut. Strategy disclosed a $1.44 billion USD reserve while Vanguard opened access to crypto ETFs. European Central Bank officials advocated maintaining flexibility, with Kocher stating the ECB need not react to minor CPI deviations. The Bank of England lowered benchmark capital requirements by one percentage point. Spain's unemployment fell 18,800 in November, beating expectations, while France's budget deficit improved to 136.2 billion euros.

ECB's Kocher Advocates Measured Approach to Minor Inflation Deviations

European Central Bank Governing Council member Martin Kocher stated the ECB should maintain flexibility and avoid reacting to small fluctuations around its 2% inflation target. Kocher also cautioned about elevated US stock valuations in his interview with Kurier newspaper.

Trump Identifies Kevin Hassett as Potential Federal Reserve Chair Candidate

President Trump publicly referred to Kevin Hassett as a potential Federal Reserve chair during a White House meeting, signaling consideration for the key monetary policy position.

Trump Narrows Federal Reserve Chair Search to Single Candidate

President Trump announced the Federal Reserve chair selection has been narrowed to one finalist after reviewing approximately ten candidates for the position.

BlackRock and JPMorgan Turn Cautious on Treasuries Amid Rate Cut Concerns

Major financial institutions are growing skeptical of Treasury bonds' 2026 prospects. BlackRock has turned bearish on long-term Treasuries citing AI funding demands, while JPMorgan strategists warn markets have overpriced Federal Reserve rate cuts. Despite concerns, analysts expect lower rates to drive broader economic expansion next year.

Misc Events

Michael and Susan Dell Pledge $6.25 Billion for Trump Accounts Initiative

Dell Technologies founder Michael Dell and wife Susan committed $6.25 billion to fund child investment accounts, supporting the Trump Accounts program aimed at providing financial resources for 25 million American children.

Ford EV Sales Plunge 61% in November After Tax Credit Expiration

Ford's U.S. electric vehicle sales collapsed 61% year-over-year to 4,247 units in November, dragging total sales down 0.9% to 164,925 vehicles. The sharp decline follows the expiration of federal EV tax credits and contrasts with October's record performance. Meanwhile, Toyota Motor North America reported November sales of 212,772 vehicles, including 93,082 electrified units.

Geopolitics Events

Putin Meets U.S. Envoys Witkoff and Kushner in Moscow for Ukraine Negotiations

President Putin received U.S. Special Envoy Steve Witkoff and Jared Kushner at the Kremlin for discussions on a potential Ukraine peace deal. Kremlin Press Secretary Peskov confirmed translators would accompany the meeting, which would proceed without time constraints. Witkoff's plane arrived in Moscow as the Trump administration intensifies diplomatic efforts to broker an agreement.

Putin Threatens Allied Ships as US Envoys Present Ukraine Peace Plan in Moscow

Russian President Vladimir Putin warned Tuesday that Moscow may strike vessels belonging to countries supporting Ukraine, responding to recent attacks on Russian tankers. The threat came as US special envoy Steve Witkoff and Jared Kushner met with Putin at the Kremlin to present a draft peace plan aimed at ending the war. Putin stated Russia would increase strikes on Ukrainian facilities and vessels, and threatened to cut Ukraine off from the sea if attacks continue. He also declared Russia ready for war with Europe. Ukrainian Foreign Minister Sybiha dismissed Putin's statements as evidence he does not plan to end the conflict, calling for increased pressure on Moscow.

Trump Pardons Former Honduran President Hernández, Releases Him From US Prison

President Trump pardoned former Honduran President Juan Orlando Hernández, securing his release from U.S. prison. The move represents significant presidential intervention in Latin American affairs, potentially affecting regional U.S. influence.

Trump Threatens Military Strikes on Drug Trafficking Nations Including Venezuela

President Trump announced plans for imminent land-based military strikes targeting drug traffickers, stating any country involved in drug trafficking to the United States faces potential attack. Trump specifically mentioned Venezuela as a target, emphasizing that land strikes are easier to execute than other military operations.

Putin Rejects European Demands, Warns Russia Ready for War

Russian President Vladimir Putin declared European demands unacceptable and stated Russia is prepared for war if Europe seeks conflict. Putin claimed European governments lack peaceful intentions and threatened to cut Ukraine's sea access if attacks persist.

Trump Administration Threatens SNAP Funding Cuts to Democratic States Over Data Records

The Trump administration announced it will withhold SNAP food assistance funding from Democratic-led states unless they provide recipient records, according to the Associated Press. The USDA secretary cited alleged data noncompliance as grounds for the threatened funding cuts.

Trump Signals Health Care Negotiations, Plans Fuel Economy Rollback

President Trump announced ongoing negotiations with Democrats on health care legislation while acknowledging challenges ahead. Separately, the administration plans to unveil proposed rollbacks to auto fuel economy standards Wednesday, with GM and Ford executives attending a White House meeting. Trump is also convening a full cabinet meeting today.

NATO Pledges $5 Billion in Ukraine Arms Aid as Alliance Navigates Peace Deal Complexities

NATO Secretary General Mark Rutte announced allied pledges totaling up to $5 billion for Ukraine arms shipments through the PURL program in 2025. Rutte stated NATO elements of any Ukraine peace deal will be handled separately while emphasizing the alliance's commitment to achieving just and lasting peace. The announcement comes amid European concerns over President Trump's Ukraine peace initiative, which includes a 28-point plan viewed as pro-Russian and potential US envoy discussions with Putin regarding Russia's control over occupied Donbas territories.

Trump Identifies Kevin Hassett as Potential Federal Reserve Chair Candidate

President Trump publicly referred to Kevin Hassett as a potential Federal Reserve chair during a White House meeting, signaling consideration for the key monetary policy position.

Trump Narrows Federal Reserve Chair Search to Single Candidate

President Trump announced the Federal Reserve chair selection has been narrowed to one finalist after reviewing approximately ten candidates for the position.

Trump Administration Announces Dulles Airport Rebuild, Requests Bids

President Trump announced plans to rebuild Washington's Dulles Airport, with the administration requesting construction bids today for what he called an "amazing plan."

Putin Visits India to Strengthen Energy and Defense Trade Ties

Russian President Vladimir Putin begins a two-day state visit to India on December 4, 2025, for the 23rd India-Russia Annual Summit. Putin aims to expand exports of Russian oil, missile systems, and fighter jets, seeking to restore energy and defense partnerships weakened by US pressure on India.

US Online Shopping Surges to Record $44.2 Billion Over Thanksgiving Weekend

US online spending jumped 7.7% to $44.2 billion during the five-day Thanksgiving shopping period, up from $41.1 billion in 2024, according to Adobe Analytics data. Black Friday contributed $11.8 billion to the record-breaking total.

Trump Signals Bipartisan Health Care Negotiations Ahead

President Trump announced ongoing negotiations with Democrats on health care legislation, acknowledging the process will face challenges but expressing confidence that progress will be achieved.

Crypto Events

Bitcoin Surges Back Above $90,000 After Liquidation Pressure Eases

Bitcoin rebounded 4.7% to $90,531, adding $75 billion in market cap over 10 hours as leveraged long liquidations ceased, marking its largest daily gain since May.

Healthcare Events

RFK Jr. Announces 12 Pharma Companies Ready for Drug Pricing Deals as FDA Sets ANDA Review Date

Health Secretary Robert F. Kennedy Jr. announced 12 pharmaceutical companies are prepared to negotiate drug pricing agreements. Separately, NRx Pharmaceuticals received FDA acknowledgment of its ANDA submission for KETAFREE, with a July 2026 review goal date. Kennedy's vaccine advisers are reportedly planning to review newborn hepatitis B vaccination practices and investigate potential allergy links to immunizations.

FDA Actions Drive Mixed Results Across Biotech Sector

Morgan Stanley expressed optimism on precision oncology stocks while enGene gained on FDA's CMC pilot program selection for its bladder cancer therapy. NRx Pharmaceuticals received FDA acknowledgment for its KETAFREE ANDA with a July 2026 review target. However, Janux shares declined as investors raised concerns over incomplete prostate cancer study data.

Novo Nordisk Advances CagriSema Pediatric Obesity Trial Despite Setbacks; FDA Activity Accelerates for Cancer Therapies

Novo Nordisk plans a large pediatric study of next-generation obesity drug CagriSema following disappointing adult trial results. The FDA selected enGene's bladder cancer therapy for its CMC pilot program, boosting shares, while Biofrontera submitted a supplemental application for skin cancer treatment. NRx Pharmaceuticals received FDA acknowledgment of its KETAFREE generic application with a July 2026 review target. Morgan Stanley expressed optimism on precision oncology stocks.

RFK Jr.'s Vaccine Advisers to Review Allergy Links and Newborn Hepatitis B Shots

Federal vaccine advisers selected by Health Secretary Robert F. Kennedy Jr. plan to review potential connections between vaccines and allergies, and will vote on ending universal hepatitis B vaccination for newborns, according to the Washington Post.

Earnings Events

MongoDB Stock Soars 25% to 52-Week High After Earnings Beat and Guidance Raise

Database platform provider MongoDB jumped over 23% in premarket trading, reaching a 52-week high of $407.22, after delivering stronger-than-expected earnings and raising forward guidance on AI and cloud database growth.

Microchip Technology Raises Q3 Fiscal 2026 Guidance on Strong Performance

Microchip Technology increased its third quarter fiscal 2026 profit and revenue expectations, with updated guidance implying 12% year over year growth for the December 2025 quarter, sending shares higher.

Marvell Stock Declines Despite Earnings Beat and $3.3B Celestial AI Acquisition

Marvell Technology shares fell following third-quarter results that exceeded expectations and in-line guidance, alongside the announcement of a $3.3 billion acquisition of Celestial AI.

CrowdStrike Reports Strong Q3 Results, Raises Full-Year Guidance on AI Demand

CrowdStrike exceeded third-quarter estimates and raised its full-year outlook, driven by accelerating AI-powered cybersecurity demand in what executives called one of the company's best quarters.

Fixed Income And Interest Rates Events

USDA to Announce Bridge Payment for Farmers Next Week

Agriculture Secretary Rollins will announce a bridge payment program for farmers next week, providing interim financial support to the agricultural sector.

BlackRock and JPMorgan Turn Cautious on Treasuries Amid Rate Cut Concerns

Corporate Actions Events

Kalshi Raises $1 Billion at $11 Billion Valuation

CFTC-regulated prediction market platform Kalshi secured $1 billion in Series E funding at an $11 billion valuation. The round follows a $300 million raise in October 2025, reflecting surging investor interest in prediction markets.

Starbucks Declares Quarterly Dividend of $0.62 Per Share

Starbucks announced a quarterly cash dividend of $0.62 per share, payable to shareholders in February.

Oil And Gas Events

TotalEnergies Leads Bid for Galp's Namibia Stake as Mozambique LNG Secures Additional Equity

TotalEnergies has emerged as the frontrunner to acquire a 40% stake in Galp's Mopane oil field discovery offshore Namibia, pulling ahead of competing bidders. Separately, the company announced that partners in the Mozambique LNG project will provide additional equity financing. Meanwhile, Russia's Caspian Pipeline Consortium suspended oil loading operations indefinitely at its SPM-2 jetty near Novorossiysk. Spain reported preliminary October oil demand data, and natural gas futures contracts saw trading activity amid ongoing market weakness concerns.

Chevron Meets Syrian President on Oil and Gas Exploration

Chevron executives held discussions with Syria's president regarding cooperation in oil and gas exploration and discovery, according to the state news agency SANA.

Cryptocurrency Divorce: Avoid these 4 Tax Disasters

https://www.blocksquaredforensics.com/blog/consequences-of-ignoring-crypto