Tether Accumulates 26 Tons of Gold in Q3, Total Holdings Reach 116 Tons

**Major Partnership Announced** Kraken, the cryptocurrency exchange, has formed a strategic partnership with Deutsche Börse, one of Europe's largest stock exchange operators. **Key Details:** - Partnership aims to **link traditional and digital markets** - Represents significant step toward mainstream crypto adoption - Builds on Kraken's recent momentum following talks with strategic investors at $20B valuation in September **Market Impact:** This collaboration could facilitate easier access between conventional financial markets and cryptocurrency trading platforms. Deutsche Börse operates major European exchanges including Frankfurt Stock Exchange. The partnership signals growing institutional acceptance of digital assets and may pave the way for new financial products bridging both markets.

**US labor market shows unexpected strength** as initial jobless claims fell to 191,000 last week, significantly below the 219,000 forecast. This represents a notable improvement from recent weeks and suggests **continued resilience in employment conditions**. Continuing claims remained steady at 1.939 million. The better-than-expected data follows mixed employment signals, including: - ADP payrolls missing forecasts in November - Consumer confidence declining below expectations - Previous jobless claims showing gradual improvement **Key takeaway**: Labor market maintains momentum despite broader economic uncertainties, potentially supporting dollar strength.

**Argentina's state oil company YPF is exploring crypto payment options** for fuel purchases through exchange intermediaries. This development follows regional trends in Latin America: - Brazil recently considered taxing cross-border crypto payments - Growing institutional interest in cryptocurrency adoption - **Potential breakthrough for mainstream crypto utility** The move could mark a significant step toward practical cryptocurrency use in everyday transactions, particularly in Argentina's economy facing currency challenges. *Implementation details and timeline remain unclear.*

**Assemble AI** has partnered with **Pundi AI**, a decentralized AI data infrastructure project that enables users to contribute, secure, and manage AI data as intellectual property. **Pundi AI's Mission** Democratize AI and onboard millions into the AI economy through structured, on-chain data ownership and monetization. **Key Components:** - **Pundi AI Data Platform** - On-chain labeling for text, images, and video with tokenized rewards - **Pundi AIFX Omnilayer** - Omnichain infrastructure for tokenized AI data assets - **Pundi AI Data Marketplace** - Trade and monetize verified datasets **Revenue Model** Sustainable flywheel through publishing fees, validator rewards, and marketplace trading fees. **Strong Backing** Listed on major exchanges including Coinbase, Upbit, Bithumb, KuCoin, and MEXC. Team includes veterans from Pundi X, Ethereum Foundation, Microsoft China, Baidu, and Lenovo. **Partnership Goals** Explore how advanced AI data infrastructure and real-time market intelligence can better serve users across AI and Web3 ecosystems.