November 22 Hotspots
November 22 WEB3 Hotspots
1. Binance will be stricter with listed projects during the bull market
Binance CEO stated in the Binance Square "Celebrating Binance CEO - Anniversary" AMA that during the bull market, there will be more projects, but precisely because we are experiencing a bull market, we need to adhere to our listing principles and evaluations. We need to strike a balance between providing the community with a wide range of quality projects and conducting necessary due diligence.
2. Bitcoin price reaches historic largest monthly increase
Bitcoin (BTC) price increased by over 40.8% in November, reaching a historic largest monthly increase, breaking through $99,000. Investors pushed Bitcoin's price up after Trump won the 2024 U.S. presidential election. Analysts expect Bitcoin to break through $100,000.
3. Japan's core CPI higher than expected
Japan's Ministry of Internal Affairs and Communications announced the October CPI data, with core CPI increasing by 2.3% year-on-year, higher than the expected 2.2%. The CPI year-on-year growth rate excluding fresh food and energy prices was 2.3%, indicating ongoing inflationary pressures.
4. XRP rises 25% due to Gary Gensler's resignation news
XRP price rose by 25% after U.S. Securities and Exchange Commission Chairman Gary Gensler announced he would resign in January. The market anticipates that the U.S. will shift to a more crypto-friendly regulatory environment. XRP has been under SEC scrutiny since 2020 for allegedly selling securities to U.S. investors.
5. SEC Chairman Gensler to leave on January 20
On January 22, official news confirmed that SEC Chairman Gensler would leave on January 20. Notably, Trump had promised that if he won the election, he would fire Gensler, and Trump's presidential term will also begin on January 20.
