Overview of Major Overnight Developments on November 25
21:00-7:00 Keywords: rate cut, Tether, PCE 1. The probability of a 25 basis point rate cut by the Federal Reserve in December has risen to 80%; 2. Trump orders the launch of the "Genesis Mission" plan to vigorously promote the AI scientific research revolution; 3. Crypto wallet provider Exodus acquires W3C Corp for $175 million; 4. After Tether purchased 1 million shares, Rumble's stock price rose by more than 14%; 5. Franklin Templeton's XRP spot ETF XRPZ is listed on NYSE Arca; 6. The US September PCE has been rescheduled to be released on December 5, and the preliminary Q3 GDP report has been canceled.
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