$ALCX State of Cryptocurrencies This Week: Your 60-second summary • Bitcoiners accuse JPMorgan of manipulating the game against Strategy and corporate funds of $BTC BTC with the proposal to launch Bitcoin-backed notes with leverage in December 2025. • The founder of Animoca Brands, Yat Siu, bets on the appreciation of altcoins before the planned IPO, predicting that altcoins, collectively, will surpass Bitcoin in the largest market. • Tom Lee softens the forecast of $250,000 for Bitcoin by the end of the year, suggesting that BTC may reach $100,000 before the end of the year, but retreating from the previous optimistic target. • Conor McGregor criticizes Khabib for NFTs with traditional papakhas from Dagestan, and is silenced by on-chain investigator ZachXBT for his own failed memecoin REAL. • Thailand orders Sam Altman's Worldcoin to delete 1.2 million iris scans due to data privacy violations after searches at scanning locations in October. • President Trump said he has already chosen his next Federal Reserve chairman, adding: "We will announce soon". With Bitcoin down and altcoins up, what is your conviction for December?