President-elect Trump has nominated three key cabinet ministerial candidates to head the U.S. Treasury, Commerce and Securities and Exchange Commission (SEC). These candidates are generally considered to be friendly to cryptocurrencies and are aware of the inevitability of digital assets in the modern financial system. Their nominations are expected to promote the further integration of cryptocurrencies into the U.S. economy.
Ironically, the United States may become a beneficiary of MiCA. During Trump's second term, his pro-cryptocurrency ministerial team is expected to focus on integrating cryptocurrencies into the U.S. economy to promote technological innovation and economic growth. The domestic debate in the United States has gone beyond establishing a regulatory framework and has shifted to fully accepting cryptocurrencies as a driver of creating economic opportunities and promoting technological progress. It is increasingly likely that the United States will establish a strategic Bitcoin reserve. However, the United States may not actively purchase Bitcoin, but instead retain its existing Bitcoin indefinitely.
If the above nominations become a reality, Bitcoin as digital gold may evolve into a resurgence of decentralized finance (DeFi), and the digitization of the U.S. financial economy may make cryptocurrency applications the biggest winner of this election. This shift may also force other national and regional governments to accept cryptocurrencies and accelerate their global adoption. In the context of a decentralized finance (DeFi) renaissance, Ethereum could be catching up.

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The parliament of the Swiss canton of Bern has passed a proposal to study Bitcoin mining as a way to utilize excess energy and stabilize the power grid. The parliament will conduct a feasibility study to assess energy availability, environmental impact and regulatory issues. Supporters say Bitcoin mining can attract investment, create jobs and promote the development of renewable energy.

Bernstein said MicroStrategy's "unprecedented" move to buy Bitcoin could drive the price of its stock MSTR up another 49%.

Winslow Strong (@winslow_strong), head of Qualia Research Institute, deposited 9,380 ETH (about $33.7 million) into Coinbase. Since ETH began to rebound in early November, he has sold most of his remaining ETH holdings, totaling 14,233 ETH (US$48.8 million) at an average price of $3,431.

On November 29, the U.S. financial market was closed for Thanksgiving on Thursday, with light trading and weak liquidity. After some investors took profits and saw a significant pullback, Bitcoin rebounded strongly yesterday. Bitcoin once rebounded to $97,200. At the time of writing, it was reported at $96,382. It continued to fluctuate and defend the 95,000 level. It rose slightly by 0.68% in the past 24 hours.
Ethereum has performed strongly recently. Yesterday, the price broke through $3,684, setting a new high in more than five months, and led to a general rise in ecological tokens. The L2 and DeFi sectors performed well, and the market may officially usher in the cottage season. At present, after Ethereum rebounded from a high, it continued to fluctuate in the range of $3,500 to $3,600. It was reported at $3,564 before the deadline, down 1.6% in 24 hours.
In terms of foreign exchange, the US dollar index rebounded to 106.21 on Thursday after falling to a two-week low in the previous trading day. The euro fell against the US dollar, and traders reduced their bets on further interest rate cuts by the European Central Bank. The overall foreign exchange market was flat due to the US holiday. Gold prices rose, and geopolitical uncertainty and trade concerns boosted safe-haven demand. Oil prices rose on Thursday. The situation in Israel and Lebanon and the postponement of the OPEC+ meeting supported oil prices, pushing US oil and Brent oil up more than 0.8% during the session.
Due to the impact of the Thanksgiving holiday, the market trading atmosphere has become flat, which has greatly reduced the possibility of the market's various asset prices breaking through the existing range of fluctuations. eeee.com is a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets. It recently launched a USDT stablecoin wealth management product with an annualized yield of 5.5%, providing investors with potential safe-haven options.

ARK Invest research assistant David Puell said that the current market environment is in the middle of a bull market, and the price of Bitcoin may reach $104,000 to $124,000 by January 1, 2025. He said, "It should be noted that this is not a suggestion, but the price trend so far is quite consistent with this forecast." The crypto market is still about 55% to 65% away from the end of the bull market. It is expected that in the best case scenario, the price of Bitcoin can reach $1.5 million in 2030.

The total gas consumption on the Base chain has reached 19,937.2057 ETH, and the average gas usage is about $0.0607 (0.000020397 ETH).
In addition, the total transaction volume on the Base chain exceeded 1 billion (reaching 1.00732 billion), the number of blocks reached about 22.24 million, and the number of contracts created on the chain exceeded 97.5 million.

Galaxy Digital withdrew 50,000 AVAX (about $2.11 million) and 350 BTC (about $33.22 million) from Binance.

According to official news, Australia's Monochrome Spot Bitcoin ETF (IBTC) held 261 BTC as of November 28, with an AUM of approximately US$38.473 million.

On November 29, Hong Kong-listed company Boyaa Interactive announced that it had conducted a series of transactions from November 19 to 28, 2024, using 14,200 ETH to exchange for approximately 515 BTC, with a total market value of approximately US$49.48 million. The original purchase cost of the ETH exchanged was approximately US$39.45 million. After completing this exchange, the group holds a total of approximately 3,183 BTC, with an average holding cost of US$57,724 per BTC.

In the past seven hours, the whale with an ETH band winning rate of 83.3% sold 33 WBTC (about 3.15 million US dollars) at an average price of 95,500 US dollars. Together with the 4893 sold at 11.25, he has currently lost 43,000 US dollars, and the remaining part still has a floating loss of 602,000 US dollars (cost 97,644 US dollars).

According to on-chain data tracking service Whale Alert, a dormant address containing 16 BTC ($1,558,440) was just activated 11.0 years later (worth $18,369 in 2013).

If Ether hits $4,000, as much as $1.43 billion in short positions could be liquidated.

【11.29 Wan Bing's second single】
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【Wan Bing said】

Today's key financial data and events: Friday, November 29, 2024
​
​① To be determined Iran held talks with Britain, France and Germany on controversial nuclear projects
​② 07:30 Japan's October unemployment rate
​③ 15:45 France's November CPI monthly rate preliminary value
​④ 15:45 France's third quarter GDP annual rate final value
​⑤ 16:00 Switzerland's November KOF economic leading indicator
​⑥ 16:55 Germany's November seasonally adjusted unemployment number
​⑦ 16:55 Germany's November seasonally adjusted unemployment rate
​⑧ 17:30 UK central bank mortgage licenses in October
​⑨ 18:00 Eurozone November CPI annual rate preliminary value
​⑩ 18:00 Eurozone November CPI monthly rate preliminary value
​⑪ 21:30 Canada's September GDP monthly rate

The easiest way to make money from cryptocurrency trading is like drinking water once you suddenly realize it!
The easiest way to make money from cryptocurrency trading! Once you suddenly realize it, it's like drinking water! ! The rules for making money in the bull market, remember it! !
1. Once the rise starts, it will not end easily, so don't be afraid of the big pullback in the early stage, enter the market boldly, the most troublesome thing is to continue to wait for a lower point, the higher the wait, the more empty it will be.
2. There are many pins in the bull market. If your position is not full, try to wait for a pullback and go all in directly, otherwise you will be given a shot at any time, and most people can't stand it.
3. You must do a good job of position management. It is best to lay out several key sectors, because if you have a full position in one sector, this sector will not move in the short term, and other sectors will rise all the way. This is the most uncomfortable.
You chase and get stuck again, and the cleared position will take off again in a few days. Many people have encountered it, so either don't buy it, or you must hold it firmly after buying it, and you will always wait for your coin to rotate. In the bull market, even the garbage coins will have five times and ten times.
4. The market always rises in the midst of disagreement. A bunch of people often criticize opportunities, but when everyone is optimistic, it is a risk.
5. Don't always think about short-term high-selling and low-buying. Once you get off the bus halfway, you will find that you can't get back on. Short-term play is not as good as others who lie still and make more money.
6. Every time the market pulls back, there will be panic. Everyone says that the bull has run away. The fact is that it will take at least three or four major pullbacks before the bull market may end.
So don't be afraid, you must have a pattern. As long as you can hold it, and it is not a junk coin, even if it is worse, it will be five or ten times. After a round of bull market, it is nothing to eat twenty or thirty times the spot.

In the currency circle, there are many ways to play. Let me talk to you about several common ones so that you can understand them at once!
1. The method of hoarding coins
This is simple. After buying the coin, leave it there and wait for it to rise slowly. Half a year, a year, or even longer, hold it patiently, and the return will not be bad. But the difficulty lies in that many people want to sell when they see the price rise, and panic when they fall, and they can't hold it for a long time. Therefore, hoarding coins seems simple, but it actually tests patience.
2. Bull market chasing ups and downs
In the bull market, take some spare money to play, don't invest too much, within one-fifth is enough. Find some coins with moderate market value, and replace the next one that falls when it rises, and so on. Even if you are trapped, you can get out of the trap in the bull market. But remember, the coin you choose cannot be too rubbish, and you have to be careful when playing this way.
3. Bull market hourglass strategy
In the bull market, funds slowly flow into each coin like an hourglass. Starting from the big coins, the leader rises and changes to the mainstream, the mainstream rises and changes to the niche, and so on. Follow the market rhythm and make a steady profit.
4. Pyramid bottom-fishing
When a big crash is predicted, use the pyramid buying method to bottom-fish. The lower the price, the more you buy, so the cost is low and the risk is low. Wait for the market to rebound and make a lot of money.
5. Moving average operation
You need to understand the K-line chart, set the moving average parameters, and see which two lines the current price is between to decide whether to hold or sell. Simple and clear, suitable for investors with a certain foundation.
6. Violent hoarding of coins
Find high-quality coins that you are familiar with, use liquid funds to make a difference, buy at a low price and sell at a high price, and hoard coins with the money you earn. In this way, the more coins you hoard, the higher the income.
7. ICO cycle compounding
Participate in the issuance of new coins, wait for it to rise several times, take away the principal, and continue to invest the profits in the next ICO. In this way, the principal does not move, and the profits snowball.
8. Cyclic bands
Find coins with large fluctuations, increase positions when they fall, and sell when they make a profit. Continuously cycle and make a difference. This gameplay requires keeping an eye on the market and operating in time.
9. Violent investment in small coins
Take 10,000 yuan, divide it into 10 parts, and buy 10 small coins. The price is low and the potential is great. Sell it after it has risen three or five times. Even if you are trapped, don't panic. Play the long game to catch big fish. Take the principal when you make money and continue to invest in the next small coin. The compound interest effect is great.

Whether you are a newcomer or an old investor, the biggest question is why there is no copycat season like in 2021?

The situation is different. In 2021, the Fed was in a period of full-line release of funds, and hot money was abundant. Now it has just started to cut interest rates, and there is still a short time before full-line release of funds. However, judging from the current world economic situation, the pressure on banks will reach its limit around January, and the market will inevitably expand its balance sheet by then.

However, I still have to pour cold water on everyone. Don't think that you can make money by cutting interest rates. In fact, in 2021, only the first half of the copycat market rose, and the second half was only concentrated on the hot track, so the second half of this round must be grasped.