The crypto market is warming up, and Bitcoin has returned to 100,000 dollars.

After the release of the US November Consumer Price Index ( CPI ) data, the overall crypto market showed a warming trend. Bitcoin rose by 4.5%, breaking the 100,000 USD mark again, and the price of Ethereum also surpassed 3,800 USD. The altcoin market generally rebounded, basically recovering to the levels prior to the previous decline.

Data shows that the net inflow of Bitcoin spot ETFs in the United States reached $223 million on the same day, with over 970 million USDT flowing into centralized exchanges from Tether within 24 hours, significantly increasing market trading activity and investor bullish sentiment. In popular sectors, meme coins performed prominently, with several tokens such as Dogecoin and Shiba Inu increasing by more than 20%. At the same time, artificial intelligence concept tokens like NEAR, ICP, and Render also achieved over 10% gains, reflecting the market's ongoing interest in emerging technology fields.

The Consumer Price Index (CPI) data for November released by the U.S. Bureau of Labor Statistics shows a year-on-year increase of 2.7%, slightly higher than October's 2.6%, in line with market expectations. On a month-on-month basis, the CPI rose by 0.3%, higher than last month's 0.2%, marking the largest increase since April of this year. The core CPI maintained a year-on-year rate of 3.3%, with a month-on-month increase of 0.3%, unchanged from the previous value.

These data have boosted the market's expectations for the Federal Reserve to cut interest rates at next week's meeting, with a probability of a rate cut exceeding 96%. Analysts point out that, although inflationary pressures have eased, economic growth still shows resilience, leading policymakers to adopt a more open attitude towards stimulating economic growth.

Affected by news, major U.S. stock indices rebounded across the board. As of Wednesday's close, the Dow Jones Industrial Average fell slightly by 0.2%, while the S&P 500 index rose by 0.8%, and the Nasdaq index surged by 1.77%, breaking the psychological barrier of 20,000 points for the first time. Tesla's stock price rose nearly 6%, leading tech giants like Google, Meta, and Amazon to reach new highs. Meanwhile, crypto concept stocks also performed strongly, with MicroStrategy up over 9% and Coinbase up nearly 4%.

Brian Quintenz may become a popular candidate for CFTC chairman

Former Republican CFTC Commissioner Brian Quintenz has become a leading candidate to head the Commodity Futures Trading Commission (CFTC), which could signal a significant shift in crypto market regulation. According to sources, Quintenz has interviewed for the position, and he currently oversees policy affairs in the digital assets division of a venture capital firm.

Although neither Quintenz himself nor the spokesperson for his company has commented on this, the news has sparked widespread attention in the market. The spokespersons of the relevant parties have also not responded to this. Industry insiders believe that if Quintenz ultimately becomes the chairman of the CFTC, it could have a profound impact on encryption currency regulatory policies.

Report by Nature: Scientists Earn Significant Income from Reviewing Papers via Cryptocurrency

The globally renowned scientific journal "Nature" recently reported on the innovative model of the decentralized science ( DeSci ) project ResearchHub. The platform incentivizes academic peer review through its native token RSC, with each paper review earning approximately $150 worth of tokens.

The report mentions that this model provides new economic opportunities for some researchers. A molecular biology consultant stated that his income from reviewing papers on ResearchHub has already surpassed his salary when he served as a professor at an academic institution. The consultant reviews an average of 15 papers per month and receives RSC tokens worth $150 for each review. He emphasized: "Paid peer review is fair and reasonable because it is extremely unfair not to receive even a word of thanks for unpaid work."

After the news was announced, the price of RSC saw a significant surge. According to market data, RSC skyrocketed by 22.7% within 24 hours, reaching a peak of $1.04.

The resurgence of decentralized science (DeSci)

Recently, decentralized science (DeSci) has once again become a hot topic in the crypto market. According to search trend data, this keyword reached its peak search popularity in five years at the end of November. DeSci is actively addressing fundamental challenges faced by traditional scientific fields such as funding shortages, data sharing, and collaboration. Its application scope has expanded to various specific areas including advancing research, reducing the cost of genetic testing, and treating hair loss.

With the rise of multiple DeSci-related tokens, this field has attracted significant attention and investment from a large number of investors. Despite previously facing some skepticism and waning enthusiasm, DeSci has once again garnered widespread attention following the report and support from Nature on ResearchHub. Currently, the total market capitalization of industry-leading DeSci tokens has exceeded $1.2 billion, highlighting the enormous development potential and market recognition of this field.

Industry experts believe that DeSci is entering a period of explosion and is expected to become an important force in promoting innovation and efficiency in scientific research. However, there are also voices reminding that while rapidly developing, the DeSci field still needs to address many technical, ethical, and regulatory challenges to ensure its long-term sustainable development.