Analyst: It is only a matter of time before Solana ETF is approved after Trump takes office, but it does not mean it will happen soon.
Michael Saylor: Suggests that the US government purchase 4 million bitcoins and convert 75% of the surplus into bitcoins.
BNB's market value exceeded US$100 billion, setting a record high, surpassing BYD and ABB, and rising to 186th in the global asset ranking.
Cambodia has blocked access to 16 cryptocurrency exchanges, including Binance and Coinbase, due to a lack of licenses.
The Trump administration may open the IPO market to cryptocurrency companies, and the regulatory environment may change in the future, providing crypto companies with more financing channels and development opportunities.
Grayscale seeks to convert its Solana Trust Fund into a spot ETF and list it on the New York Stock Exchange. (Grayscale Investments and the New York Stock Exchange submitted a 19b-4 document for the Solana ETF to the U.S. Securities and Exchange Commission SEC)
The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 70.3%.
CryptoQuant: Bitcoin exchange reserves have fallen to their lowest level in years. Since Trump won the US election on November 5, more than 171,000 bitcoins have been withdrawn from major crypto exchanges.
The South Korean president declared martial law, and the South Korean armed forces entered the parliament area. Related assets plummeted, and the Korean won fell to a two-year low. Currently, the major centralized exchanges in South Korea, CX, are experiencing trading difficulties for unknown reasons.
After South Korea’s president declared “martial law of emergency,” the price of Bitcoin on Upbit plunged more than 30% to $62,000. The won also plunged against the dollar. Panic gripped the market, leading to widespread selling and a loss of investor confidence, though prices have since recovered.
Martial law is a draconian measure imposed by the government during a state of emergency, with the military charged with maintaining stability and security. During martial law, political activity will be banned, protests will be prohibited, and the media will be censored.
The stock exchange operator Korea Exchange said it has not yet decided whether to open or close on the 4th and will decide after an emergency meeting.
MicroStrategy’s financial operations generated net income of approximately 9,850 BTC for shareholders last week.
Saxo Bank Strategist: Trump's tariff policy may quadruple the crypto market. Tariffs may cut off the supply of US dollars, and BRICS countries may use digital currencies backed by gold for transactions.
Chiliz CEO: Interested in acquiring Nike's NFT project RTFKT and plans to migrate assets to the CHZ chain.
Hong Kong's three Bitcoin ETFs had trading volume of approximately HK$1.2 billion last month, a record high.
Bybit plans to reapply for a Hong Kong virtual asset license in the first quarter or first half of next year.
The surge in RSR is related to Trump's possible nomination of Paul Atkins as SEC Chairman. The latest news is that Paul Atkins, Trump's nominee for SEC Chairman, is unwilling to accept the position.
XRP Ledger reduced its base reserve from 10 XRP to 1 XRP to lower the user threshold.
Optimism persists regarding institutional demand for Bitcoin: MARA Holdings, for example, followed MicroStrategy’s lead and acquired $618 million worth of BTC in the past two months.
CZ posted a message with a picture of AIt, which may hint at the arrival of the copycat season.
ConinShares: XRP digital asset products saw $95 million inflows last week as traders bet on XRP ETF approval.
South Korea's older investors are turning to crypto, with bank deposits falling by nearly 27 trillion won in five months.
Meme coin DOGE launched a charity website and plans to donate more than 6 billion unclaimed airdrop tokens, worth approximately $4.5 million, to non-profit organizations around the world.
The bitcoins transferred by the US government last night have not yet been sold or taken away by an institution through OTC, and have not flowed into the secondary market.
In the past 24 hours, the entire network has seen a liquidation of US$620 million, with the main liquidation of long orders being US$390 million.
There are currently 6 cryptocurrencies with a market cap of over $100 billion:
Bitcoin: $1.9 trillion, up 4.6% in the past 7 days.
Ethereum: $436.69 billion, up 9.2% in the past 7 days.
XRP: $144.19 billion, up 81.2% in the past 7 days.
Tether: US$134.79 billion, up 0.2% in the past 7 days.
SOL: $111.84 billion, up 2.2% in the past 7 days.
BNB: US$107.88 billion, up 20.8% in the past 7 days.
