Key Financial and Crypto Developments: Fed Rate Cut Speculation, Musk's Pay Rejection, and Major Crypto Moves

1. **Federal Reserve Interest Rate Speculation**: The probability of the Federal Reserve cutting interest rates by 25 basis points in December has increased to 74.5%, according to CME's "Fed Watch".

2. **Elon Musk's Compensation Plan Rejected**: A Delaware judge has once again rejected Tesla CEO Elon Musk's $55.8 billion pay package, citing procedural issues and misleading proxy materials.

3. **WisdomTree's $XRP ETF Application**: WisdomTree has filed an S-1 application with the SEC for an $XRP ETF, aiming to list on Cboe BZX Exchange.

4. **Hashflow's Token Destruction Plan**: Hashflow has approved a proposal to use 50% of protocol fees for repurchasing and destroying HFT tokens.

5. **Nike's RTFKT NFT Project Closure**: Nike announced the gradual shutdown of its NFT project RTFKT, with all services ceasing by January 2025.

6. **Magic Eden's ME Token Airdrop**: Magic Eden will open inquiries for ME token airdrop eligibility on December 4, with the token generation event scheduled for December 10.

7. **US Government's Bitcoin Transfer**: The US government transferred nearly 20,000 bitcoins related to Silk Road to Coinbase Prime, possibly preparing for sale.

8. **Sonic Labs Mainnet Launch**: Sonic Labs announced the generation of its first block on its Layer 1 mainnet, with an official launch expected soon.

9. **Coinbase's Apple Pay Integration**: Coinbase has integrated Apple Pay into its fiat-to-crypto payment solution, simplifying the conversion process for users.

10. **Sora Ventures' $150 Million Fund**: Sora Ventures launched a $150 million fund to promote Bitcoin financial strategies for Asian public companies.

11. **MicroStrategy's Bitcoin Acquisition**: MicroStrategy increased its Bitcoin holdings by 15,400 $BTC, spending approximately $1.5 billion.

12. **Grayscale's $XRP Trust**: Grayscale has opened its $XRP Trust to accredited investors, offering indirect investment opportunities in XRP.

13. **Tether's USDT Minting**: Tether Treasury minted 1 billion new USDT on the Ethereum blockchain.