PANews reported on November 26 that Matrixport's chart analysis today indicates that, based on implied pricing in federal funds futures, the market expects an 84% probability of a Federal Reserve rate cut on December 10, while the probability of maintaining the rate unchanged in January has also increased to 65%. Under this expected interest rate path, even if a rate cut occurs in December, the overall easing of monetary policy will remain limited. Compared to Bitcoin, gold is more correlated with the US fiscal deficit and the pace of Treasury bond issuance, making it a more direct hedge against expectations of fiscal expansion and interest rate cuts. Bitcoin, on the other hand, relies more on substantial new capital inflows, and current liquidity has not yet been significantly released. Under these circumstances, the divergence between gold and Bitcoin's price movements is likely to continue in the short term.PANews reported on November 26 that Matrixport's chart analysis today indicates that, based on implied pricing in federal funds futures, the market expects an 84% probability of a Federal Reserve rate cut on December 10, while the probability of maintaining the rate unchanged in January has also increased to 65%. Under this expected interest rate path, even if a rate cut occurs in December, the overall easing of monetary policy will remain limited. Compared to Bitcoin, gold is more correlated with the US fiscal deficit and the pace of Treasury bond issuance, making it a more direct hedge against expectations of fiscal expansion and interest rate cuts. Bitcoin, on the other hand, relies more on substantial new capital inflows, and current liquidity has not yet been significantly released. Under these circumstances, the divergence between gold and Bitcoin's price movements is likely to continue in the short term.

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more