Overview of Key Overnight Developments on November 20
21:00-07:00 Keywords: a certain exchange, Doppel, miners, Nonfarm Payrolls 1. Trump: Powell is extremely incompetent and should be prosecuted; 2. The probability of a 25 basis point Fed rate cut in December has dropped to 36.2%; 3. A certain exchange: has secretly submitted a draft registration statement for a proposed IPO to the US SEC; 4. Bitcoin miners' transaction fee revenue has dropped to the lowest point in 12 months; 5. Digital risk management and protection platform Doppel has completed a $70 million Series C financing round; 6. The Fed meeting minutes reveal serious internal divisions, with policymakers insisting on rate cuts amid inflation warnings; 7. The US Bureau of Labor Statistics has canceled the October Nonfarm Payrolls report, and the November report has been rescheduled for release on December 16.
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