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Jinse Finance reported that Tarek Mansour, CEO of the prediction market platform Kalshi, stated in a podcast that the competitive relationship with rival Polymarket has driven both companies to work harder on their development. Mansour compared the competition between the two companies to the rivalry between NFL quarterbacks Tom Brady and Eli Manning, as well as football stars Lionel Messi and Cristiano Ronaldo. He said: "Without Polymarket, we wouldn't be pushing so hard in marketing and product development. This competition will drive us to expand the scale of this industry to heights that would otherwise be unattainable, which will ultimately benefit customers in the long run." Kalshi was founded in 2018, and last week the company announced partnerships with CNN and CNBC, and completed a $1 billion financing round at a $11 billion valuation. Its competitor Polymarket was founded in 2020 and reached a $13.5 billion valuation in November.

Jinse Finance reported that bitcoin experienced one of its weakest November performances since 2018. Data shows that last month's selling pressure mainly came from the European market, forming a sharp contrast with Asia and the United States. According to Presto Research's time zone data, the major crypto downturn in November was primarily driven by European capital. BTC/ETH fell by about 20–25% during the month, with significant net selling pressure during the European trading session, while the Asian and US sessions remained basically flat.