BlockBeats News, November 20th, NVIDIA (NVDA.O) 2026 FY Q3 Revenue was $57 billion, compared to $35.082 billion in the same period last year, with the market expectation being $54.923 billion. (FXStreet)

BlockBeats News, November 20th, according to CME FedWatch Tool data, after the Fed released the minutes of the October meeting, the market's probability of a rate cut in December dropped to 31.6%, with a probability of no rate cut reaching 68.4%.

Prior to the data release (1:00 AM Beijing time today), the market was expecting a 51.1% probability of a 25 basis point rate cut by the Fed in December, with a 48.9% probability of rates being held unchanged.

BlockBeats News, November 20th, Nick Timiraos, known as the "Fed Whisperer" from The Wall Street Journal, posted on social media, indicating that the Fed meeting minutes confirmed the gradually forming market consensus post-meeting, with a slight majority of officials currently leaning towards keeping rates unchanged in December. The sentiment of "many" weighs more than the "digits." The outcome of the December interest rate meeting is becoming increasingly unpredictable.

BlockBeats News, November 20th. The minutes of the Federal Reserve's October policy meeting showed that the Fed's decision-making body had a deep divide when cutting rates last month. Despite policymakers warning that rate cuts could hinder efforts to contain inflation - with U.S. inflation remaining above the 2% target for the past four and a half years - they eventually decided to lower the rate. The minutes of the meeting revealed:

"Many participants favored reducing the federal funds rate target range," but at the same time, it was noted that some members who supported keeping rates unchanged found that option acceptable.

Several officials directly opposed the rate cut, "expressing concern that the committee's progress towards achieving the 2% inflation target had stalled and noting that if inflation did not promptly return to 2%, long-term inflation expectations could rise."

The minutes added: "Most participants noted that further lowering the policy rate could exacerbate the risk of persistent high inflation or be misinterpreted by markets as policymakers not being steadfast in achieving the 2% inflation goal."

These minutes reflect officials' efforts to seek consensus in the absence of data: balancing the dual risks of rising inflation and a weak job market, while also cautioning that a "sharp repricing of AI investments in the market" could lead to "disorderly stock market declines." (Kryptonian)

BlockBeats News, November 20th, the Fed meeting minutes showed that policymakers were divided on whether to support the rate cut decision at the current meeting and whether a rate cut in December is warranted. Several attendees indicated that, in their current outlook, keeping rates unchanged for the remainder of the year would be appropriate. At the same time, many officials also expected a rate cut in December. (FXStreet)

BlockBeats News, November 20th, according to CME's "FedWatch" data, the probability of a 25 basis point interest rate cut by the Fed in December is 51.1%, while the probability of unchanged rates is 48.9%.

BlockBeats News, November 20th, according to the New York Post report, Trump Media & Technology Group, a crypto and social media company controlled by the Trump family, saw its stock price plummet to a historic low as the cryptocurrency market continued to decline—resulting in the Trump family's wealth shrinking by over $5 billion.

Former President Trump indirectly owns approximately 115 million shares of the company. Trump Media (stock symbol DJT) has fallen by nearly 70% this year, with 34.6% of the decline occurring in the past month.

During Wednesday's early trading, the stock price fell by about 1% to $10.76, after hitting a low of $10.32 during the previous day's trading—a level not seen since the fall of 2021.

BlockBeats News, November 19, according to ChainInfo, "Big Brother Whale" Huang Licheng's early morning ETH long position that he added to was just liquidated again, with 20% of the position (775 ETH) being liquidated.