The latest U.S. nonfarm payroll report paints a picture of a softening labor market as 2025 draws to a close. Official data released for November showed the economy added about 64,000 jobs, beating expectations of roughly 50,000 but following a large 105,000 job loss in October largely due to federal workforce reductions tied to the prolonged government shutdown.
Despite the payroll gain, the unemployment rate rose to 4.6%, the highest in several years, reflecting ongoing slack in the job market. Sectors like health care and construction provided most of the job growth, while federal employment continued to decline. The labor report was delayed and distorted by the shutdown, complicating interpretation, but analysts see the data as signaling gradual cooling rather than sharp deterioration — a factor that markets and the Federal Reserve will weigh heavily when considering future interest-rate decisions.
Binance has significantly upgraded its “Write to Earn” program on Binance Square, aiming to better reward content creators who publish qualified posts on the platform. Starting October 27, 2025, eligible creators can now earn up to 50% of trading fee commissions generated from their readers’ spot, margin, futures and convert trades that originate from coin tags or widgets in their content — a major boost from earlier, smaller commission rates.
Verified participants must meet profile and content requirements to qualify, and the enhanced structure is designed to more fairly compensate those driving engagement and trading activity through high-quality posts. This evolution reflects growing emphasis on monetizing user-generated content in Web3 social ecosystems, where writers and influencers can participate directly in the economic value they create rather than just building an audience.
The year, 2025, has renewed the long-standing debate between Bitcoin (BTC) and Gold — two assets often viewed as competing stores of value. On one hand, Gold has surged more than 55% this year, outperforming nearly every major asset and reclaiming its status as the top safe-haven amid macroeconomic and geopolitical uncertainty.
At the same time, Bitcoin gains traction among institutions: improved regulatory clarity and the approval of spot ETF-type products have helped push crypto funds into mainstream portfolios, with many asset managers now viewing BTC as a legitimate long-term allocation. Critics point out BTC’s much higher volatility and correlation with risk assets — characteristics that differentiate it from Gold’s decades-long record of stability.
Advocates argue Bitcoin’s capped supply, digital, decentralized nature, and earlier multiyear return performance still give it a compelling edge as a “digital gold” for investors seeking growth and diversification beyond traditional safe-havens.
This year’s BBW returns December 3–4, 2025, at the Coca‑Cola Arena in Dubai, marking a major expansion in scale and ambition for the flagship event. The conference brings together global players — from developers and regulators to institutional investors and Web3 founders — to discuss macro trends, stablecoins, tokenization, real-world asset adoption, and next-generation blockchain infrastructure.
Highlights of Day 1 already included high-profile keynotes and panels featuring heavyweights in crypto, with deep dives into market developments, regulation, and innovation roadmaps. A major leadership announcement added to the event’s importance: Binance named its co-founder Yi He as co-CEO alongside current leader Richard Teng.
While no new token listings or major product launches were revealed as of early reports, the show remains a critical meeting point where industry narratives and future trends are shaped — and those watching will pay close attention for ripple effects across crypto markets and regulation.
Bitcoin recently slid sharply below $86,000, a drop many analysts trace back to a hawkish shift by Bank of Japan (BoJ) — whose rising bond yields ushered in a global risk-off vibe and sparked heavy losses across crypto markets.
The surge in Japanese yields punctured the once-favorable yen carry-trade arbitrage, prompting investors to unwind leveraged and risk-heavy positions worldwide, which reverberated into sharp sell-offs for high-beta assets like Bitcoin. With liquidity thin and order books shallow, forced liquidations amplified the slide, erasing about $150 billion in market value in a single day.
The sudden move underscores how vulnerable crypto remains to macroeconomic shocks and shifting global monetary conditions.
Bitcoin has recently climbed back above the critical $90,000 level after tumbling toward the mid-$80,000s, fueling renewed optimism among crypto traders and investors. The recovery appears driven in part by growing expectations that the Federal Reserve may cut interest rates soon, which has buoyed risk assets — including crypto — and helped ignite buying momentum.
Technical signals also suggest a potential rebound: some analysts say that if BTC can sustain support above $90,000 and break resistance around $93,000–$95,000, it could reopen a path toward $97,000–$100,000. Still, market watchers caution the rebound is fragile. Liquidity remains thin, ETF inflows have only modestly recovered, and a cluster of large-holder and institutional selling could limit upside.
Whether this bounce develops into a sustained uptrend or proves a short-lived relief rally will depend heavily on macroeconomic moves, regulatory developments, and renewed structural demand.
Since early 2025, the administration has rolled out sweeping “reciprocal” tariffs — a baseline 10% duty on many imports, with additional levies up to 50% on goods from countries deemed to have unfair trade practices. The goal has been to encourage manufacturing on American soil, protect domestic industries, and reduce the U.S. trade deficit.
But the impact has proven controversial: small U.S. retailers report sharp supply-chain disruptions just ahead of the holiday season, struggling with higher import costs, inventory shortages and squeezed margins.
Meanwhile, allied economies such as Canada — hit by steep tariffs on steel and lumber — have responded with counter-measures and domestic support for affected industries. Analysts note that while tariffs have trimmed import volumes and narrowed the trade deficit, they have also contributed to higher costs for consumers, supply-chain stress, and increased uncertainty for exporters.
Binance has rolled out AT as the 59ᵗʰ project in its HODLer Airdrops — a reward scheme for users who held BNB in Simple Earn (flexible or locked) or On-Chain Yields during the snapshot window from November 4 to 6, 2025. The native token of the data-oracle protocol APRO, AT reaches a total supply of 1 billion tokens, with 20 million (2%) earmarked for the HODLer airdrop distribution and a circulating supply at launch hitting 230 million — 23% of total supply.
Trading for AT began on November 27, 2025 at 14:00 UTC, with pairs including AT/USDT, AT/USDC, AT/BNB and AT/TRY; deposits opened earlier that day around 10:30 UTC. AT is now integrated across multiple Binance services — including Simple Earn, Convert, Buy Crypto, and Margin — expanding the token’s utility beyond just trading. This addition reflects Binance’s continued strategy of rewarding loyal BNB holders with early access to emerging blockchain projects, though prospective users should remain mindful of typical risks associated with newly listed tokens — including volatility and uncertain long-term tokenomics.
The latest U.S. employment report showed that nonfarm payrolls increased by 119,000 in September, significantly surpassing the consensus forecast of 50,000. However, the unemployment rate rose to 4.4%, up from 4.3%, signaling slack in the labor market despite the job gain. Wage growth remained modest with average hourly earnings climbing just 0.2% month-over-month and 3.8% year-on-year, pointing to limited wage pressure amid the slowdown.
Notably, health care and food services were among the few sectors registering gains (+43,000 and +37,000 respectively), while transportation and warehousing shed jobs (-25,000) and federal employment also declined. The pause in job growth and rising unemployment are prompting analysts to re-evaluate the strength of the labor market, with implications for upcoming monetary policy decisions.
Wall Street is broadly upbeat on U.S. equities heading into 2026, buoyed by strong earnings growth, AI-driven capital expenditures, and supportive monetary policy. Morgan Stanley projects the S&P 500 could hit 7,800 by year-end, citing accelerating AI investment and a favorable macro backdrop.
Meanwhile, UBS sees the index reaching 7,500, driven by roughly 14% EPS growth, half of which is expected to come from the technology sector. In a more aggressive call, Evercore places a 25% probability on a “bubble” scenario where the S&P surges to 9,000, powered by soaring AI multiples.
Although fundamentally strong, some analysts caution that stretched valuations and macro risks — like inflation or rate pressures — could temper returns, suggesting a wide range of possible outcomes.
Global equity markets are showing signs of a meaningful pull-back after numerous record highs and elevated valuations. U.S. major indexes such as the S&P 500 and Nasdaq 100 recently declined by around 1%-2% in a single session, as tech earnings disappointed and commentary from the Federal Reserve suggested further rate cuts are not assured.
At the same time, short-bias exchange-traded funds collectively pulled in about US$3.7 billion in September and an additional US$1.4 billion in early October, signalling investor trepidation despite the broader bull run.
Key triggers include lens on stretched valuations, concentrated exposure in AI/mega-cap sectors and renewed trade tensions between the U.S. and China — one strategist warns of an 11% downside for the S&P if tensions persist. With liquidity strong but sentiment shifting, this could reflect a healthy market reset rather than a collapse — yet the breadth of participation and corporate guidance will be closely watched in coming weeks.
The “America’s AI Action Plan,” unveiled in July 2025, is a sweeping strategy aimed at securing U.S. supremacy in artificial intelligence across innovation, infrastructure, and geopolitics. Under its first pillar, it promises to deregulate heavily — removing bureaucratic obstacles, revoking rules seen as limiting AI development, and mandating that future government-procured models be free of ideological bias.
The second pillar accelerates the build-out of AI infrastructure: streamlined permitting for data centers, power projects, and semiconductor fabs, coupled with investments in workforce training for trades like electricians and HVAC specialists. Finally, the plan leans hard into global leadership, exporting the full U.S. AI stack — from hardware to applications — to allies, tightening export controls to limit rival access, and shaping international AI norms on America’s terms.
Strategy, the company formerly known as MicroStrategy, is leaning hard into Bitcoin as a core treasury reserve asset. In its latest move, the firm bought 390 BTC—spending about $43.4 million at an average price of $111,053 per coin—pushing its total holdings to 640,808 BTC. This recent purchase was financed through its ATM (at-the-market) programs, including preferred share offerings like STRF, STRK, and STRD.
On its Q1 2025 earnings call, Strategy also raised its 2025 “BTC Yield” target to 25%, signaling that its goal is not just to hold Bitcoin but to compound its reserves efficiently. The company treats its accumulation as a long-term strategy, viewing Bitcoin not as a speculative asset but as a foundational part of its capital structure and business identity.
Solayer is a high-performance restaking protocol built on the Solana network, designed to scale throughput and enhance L1 security for dApps. At its core is InfiniSVM, a hardware-accelerated virtual machine that leverages RDMA and Infiniband to achieve ultra-low latency and support up to 1,000,000 TPS, significantly boosting Solana’s execution capacity.
Its native governance token, LAYER, powers a newly formed Solayer Foundation, which stewards development and coordinates a “Season 1” program rewarding early users. Through restaking, users can lock SOL or liquid-staking tokens (like mSOL, JitoSOL) to earn sSOL, while contributing to transaction prioritization and validator bandwidth. Solayer also offers a yield-bearing stablecoin, sUSD, backed by real-world assets. Beyond on-chain functions, the ecosystem includes Solayer Travel, a booking platform built for Emerald Card holders offering deep hotel discounts.
Global initial public offering markets are firing up again, signaling a full-blown revival of public listings. In the third quarter of 2025, the global IPO market posted a 19% rise in deal volume and an 89% increase in proceeds year-on-year, with 370 IPOs raising US$48.2 billion. In India alone, big-ticket issues (> ₹5,000 crore) have hit average subscription multiples of 17.7×, marking the strongest run since 2021.
Meanwhile, several jurisdictions are fast-tracking regulatory reforms – for example, in Vietnam the time from registration to listing has been cut from 90 to 30 days to unlock large offerings. This wave of IPOs is driven by easing monetary conditions, stronger earnings, and robust investor appetite for growth companies. While the momentum is encouraging, investors are cautioned to remain selective as valuations are rising rapidly and execution risks remain.
The GENIUS Act—officially titled the “Guiding and Establishing National Innovation for U.S. Stablecoins Act”—was signed into law on July 18, 2025, marking the United States’ first comprehensive federal statute governing payment-stablecoins. It mandates that such stablecoins must be fully backed by liquid assets (e.g., U.S. dollars or Treasuries), enforces monthly disclosure of reserve compositions, forbids misrepresenting government backing, and aligns federal and state regulatory frameworks.
The law also brings stablecoin issuers under anti-money-laundering and sanctions regimes and tasks the U.S. Department of the Treasury with issuing rules to encourage innovation while guarding against illicit finance risks. By establishing clear legal guardrails, the act aims to bolster consumer and financial-system protections, support the U.S. dollar’s dominance, and propel innovation in digital payments.
The recently agreed framework between the European Union and the United States sets the stage for a substantial reshaping of transatlantic commerce with sweeping tariff adjustments and commitments spanning energy, industry and trade-standards cooperation. Under the deal announced in July 2025, the U.S. committed to cap tariffs on European autos and auto parts at 15%, retroactive to August 1.
In parallel, Europeans pledged to eliminate tariffs on U.S. industrial goods and grant preferential access for American agricultural and seafood exports—while the bloc also promised to buy $750 billion of U.S. energy through 2028 and channel an additional $600 billion in investment into the U.S. economy.
The framework also tackles non-tariff barriers—such as recognition of standards, digital trade rules and supply-chain resilience—signalling a strategic shift beyond pure tariff warfare. Yet, the arrangement remains contingent: full benefit depends on Europe passing implementing legislation and on both sides executing on investment, energy and regulatory commitments. Analysts note the deal’s durability will hinge on mutual compliance and broader geopolitical stability.
A new project has been launched on Binance’s HODLer Airdrops program — the token Allora (ALLO), featuring a total maximum supply of 1 billion ALLO and a genesis circulating supply of roughly 200.05 million tokens (20.005% of max) at listing. Eligible users were those who subscribed BNB to Simple Earn (Flexible or Locked) and/or On-Chain Yields between 2025-10-23 00:00 UTC and 2025-10-25 23:59 UTC. The airdrop portion allocated 15 million ALLO (1.5% of max supply) for users meeting the criteria, with another 20 million set aside for future marketing campaigns.
Trading pairs at listing include ALLO/USDT, ALLO/USDC, ALLO/BNB and ALLO/TRY, with deposits opening on 2025-11-11 at 07:00 UTC and spot trading expected at 13:00 UTC (later adjusted to 14:00 UTC) that day. The token is a multi-chain deployment across BNB Smart Chain, Ethereum and Base networks, positioning it within the decentralized-AI theme promising model-staking, governance and inference services. As with all newly listed tokens, particularly those tied to exchange distribution mechanisms, participants should exercise caution around volatility, vesting schedules and early-supply dynamics.
The U.S. Congress appears poised to end the longest federal government shutdown in history after the Senate advanced a compromise funding measure late Sunday. The deal would restore agency funding—which had lapsed on October 1—through January 30, 2026, while providing full-year appropriations to key sectors like agriculture, veterans affairs and military construction.
It also includes provisions to halt further mass firings of federal workers and ensure back pay for those laid off during the shutdown. However, the agreement notably delays action on health-care subsidies sought by Democrats, leaving that to a vote in December — a move that has drawn criticism from progressives. Although momentum is building, final passage still requires approval by the House and the president’s signature before the shutdown officially ends.
The crypto exchange has introduced SAPIEN as the latest project featured in its “HODLer Airdrops” program, where users who held specific assets during a defined snapshot window became eligible for free tokens. Details show that to qualify, participants needed to have active holdings in designated products such as BNB holdings in Simple Earn or On-Chain Yields during the eligibility period.
SAPIEN’s total genesis supply is set at 1 billion tokens, with a portion allocated specifically for the airdrop campaign and early ecosystem incentives. The listing is scheduled shortly after the airdrop, enabling spot trading in pairs including SAPIEN/USDT and SAPIEN/BNB. Users are reminded to review tokenomics, vesting schedules and the project’s utility before engaging—while the exchange’s model offers early access and reward incentives, it also carries typical risks of newly launched tokens and lock-up dynamics.