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Donald Trump’s surprising support for Andrew Cuomo over Zohran Mamdani illustrates deep ideological rifts in the NYC mayoral race, where crypto policy, voter age divides, and turnout trends could decide the city’s next leader.
1. GMPayer is a payment protocol based on x402 developed through a collaboration between LazAI and ZKM, with support from Metis and the GOAT Network, aiming to achieve cross-chain AI payments without intermediaries. 2. The x402 Foundation was established in September 2025 by Coinbase and Cloudflare with the goal of addressing payment bottlenecks on the internet through decentralization and encryption technology standards. Companies such as Google, Visa, AWS, and Anthropic have already joined the foundation
Honeypot Finance’s AMM Perp DEX addresses the pain points of traditional AMMs through structural upgrades, including issues such as zero-sum games, arbitrage loopholes, and capital mixing problems. These upgrades achieve a sustainable structure, layered risk control, and a fair liquidation process.
- 15:30Morgan Stanley strategist Wilson: Corporate earnings will drive steady gains in US stocks by 2026Jinse Finance reported that some Wall Street strategists believe strong corporate earnings in 2026 will drive U.S. stocks higher, and the risks surrounding uncertainty over interest rate prospects have proven to be only short-term disruptions. Michael Wilson of Morgan Stanley stated that there are "clear signs" that corporate earnings are recovering, and U.S. companies are enjoying stronger pricing power. Wilson wrote in his report, "Although the Federal Reserve's guidance and government shutdown have put pressure on recent price movements, these are only temporary obstacles. Earnings growth in 2026 will drive strong performance in U.S. stocks."
- 15:29Paxos newly mints 100 million PYUSD stablecoinsAccording to Jinse Finance, Whale Alert has monitored that Paxos has newly minted 100 millions PYUSD stablecoins on Ethereum.
- 15:04Federal Reserve's Musalem urges caution in rate cuts, predicts strong economic rebound in the first quarter of next yearJinse Finance reported that Federal Reserve's Musalem stated he expects the US economy to rebound strongly at the beginning of next year, highlighting the need for officials to be cautious regarding additional rate cuts. He mentioned factors such as fiscal support, the impact of rate cuts already implemented, and deregulation. Musalem reiterated his view that the current Federal Reserve policy is already close to a level where it no longer exerts downward pressure on inflation. "We must act cautiously, and this is very important, because I believe there is limited room for further rate cuts; otherwise, monetary policy will become excessively loose." After two rate cuts this year, Federal Reserve officials are divided on how much further easing is needed. Federal Reserve Chairman Powell stated last month that a rate cut in December is not a foregone conclusion. Several officials who have spoken since the central bank's October meeting have also advocated for pausing rate cuts in December, emphasizing the need to curb inflation that remains above target.