PANews reported on November 26th that Gate will officially launch its 14th "Crazy Wednesday" event from 16:00 on November 26th to 16:00 on November 30th (UTC+8). Users can unlock mystery blind boxes by completing designated tasks and win luxury prizes such as GT, Hennessy XXO, Hennessy XO, and Hennessy Paradis, with a 100% chance of winning. The event also includes a 3-day USDT fixed-term investment with an additional 5,000 GT prize pool, offering an annualized return of up to 16%, and new users can enjoy a 200% annualized return.PANews reported on November 26th that Gate will officially launch its 14th "Crazy Wednesday" event from 16:00 on November 26th to 16:00 on November 30th (UTC+8). Users can unlock mystery blind boxes by completing designated tasks and win luxury prizes such as GT, Hennessy XXO, Hennessy XO, and Hennessy Paradis, with a 100% chance of winning. The event also includes a 3-day USDT fixed-term investment with an additional 5,000 GT prize pool, offering an annualized return of up to 16%, and new users can enjoy a 200% annualized return.

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more