Preview: Tonight at 11:00 PM ET, the U.S. will release the September Core PCE Price Index YoY, with an expected rate of 2.9%.
**U.S. September Core PCE Price Index (YoY) Scheduled for Friday, Dec. 5 at 11 PM Beijing Time**
The U.S. Department of Commerce will release the **September Core Personal Consumption Expenditures (PCE) Price Index (year-over-year)** on Friday, December 5 at 11:00 PM Beijing Time.
- **Consensus forecast**: 2.9%
- **Previous reading**: 2.9%
### Notes on American English adaptations:
1. **12-hour time format** (11 PM instead of 23:00) – standard for U.S. media.
2. **Abbreviations & clarity**: "Dec." (not "Dec"), "PCE" defined on first mention (common in U.S. financial news).
3. **Terminology**: "Consensus forecast" (more widely used than "expected" in U.S. economic briefs) and "previous reading" (standard for data releases, vs. "previous value").
4. **Structure**: Concise headline + bullet points for key metrics (follows U.S. news wire style).
10 minutes ago
Bank of Japan: The Bank of Japan will raise interest rates to 0.75% in December, followed by an interest rate hike every six months
Dec. 5 — Takayasu Kudo, an economist at Bank of America, said in a report that the Bank of Japan (BOJ) is expected to raise its target interest rate from 0.5% to 0.75% at its Dec. 18-19 meeting, and then continue hiking the policy rate every six months thereafter.
“Recent corporate earnings, wage negotiations, yen depreciation in the foreign exchange market, and dialogues with the government have made the BOJ increasingly confident it can raise rates at the upcoming December meeting,” he noted.
Kudo also predicts the BOJ will hike rates in June 2026, followed by additional increases in January and July 2027.
(Kyi)
10 minutes ago
Binance will support the Terra (LUNA) network upgrade
Dec. 5th Official Announcement: Binance will suspend Terra (LUNA) network token deposit and withdrawal services at 20:05 UTC+8 on Dec. 8, 2025, to support the network’s upgrade.
The Terra project team plans to carry out the upgrade at block height 18,660,000 (expected at 21:05 UTC+8 on the same date).
10 minutes ago
Solmate is planning to acquire all the shares of RockawayX through a full-stock transaction, transforming into an integrated crypto business group.
On December 5, Solmate Infrastructure—the Solana-focused infrastructure firm listed on Nasdaq under ticker SLMT—announced via Businesswire that it has signed a non-binding letter of intent (LOI) to merge with RockawayX. The move marks the company’s shift from a treasury-focused entity that passively manages digital assets to an integrated crypto business group spanning infrastructure, liquidity solutions, and asset management.
Under the proposed deal, Solmate will acquire all outstanding shares of RockawayX in an all-stock transaction, creating a unified crypto enterprise with end-to-end capabilities across its target verticals. The combined entity will retain the Nasdaq ticker SLMT. The transaction is targeted to close in the first half of 2026, subject to the execution of a final binding agreement, receipt of required regulatory and shareholder approvals, and satisfaction of customary closing conditions.
10 minutes ago
Binance will suspend deposits and withdrawals for certain network-specific tokens
On December 5, Binance announced it will stop supporting deposits and withdrawals for three network-specific tokens at 16:00 Beijing time (UTC+8) on December 12, 2025.
After this time, deposits via the following networks will NOT be credited to user accounts and may result in asset loss:
- Tranchess (CHESS) on the Ethereum Network
- dForce (DF) on the BNB Smart Chain
- Aavegotchi (GHST) on the Polygon Network
10 minutes ago
A prominent ETH bear whale recently withdrew over $7 million in funds, previously known as the "100% win rate whale" on the short side.
As of December 5th, per monitoring from HyperInsight, the "Top 100% Win Rate Whale Opponent Trader" (address 0x218) has seen its ETH short position swing from an unrealized $5 million profit on December 2nd to an unrealized loss of roughly $2.49 million. The position totals $51.72 million in size, with an average entry price of $3005.
On December 1st, the address significantly boosted its short position at $2810—when ETH was trading at that level—subsequently lowering its average entry price.
Notably, this address previously used $5 million in principal to take a countertrade against the then-high-flying "100% Win Rate Whale," closing the position within two weeks for a $5.08 million gain. This is its second short position; the account’s total profit still stands at $2.8 million.
10 minutes ago