1. The Federal Reserve meeting minutes will be released tomorrow morning at 03:00, with market expectations for a rate cut in December decreasing, and investors are focused on inflation developments and future policy directions.
2. President-elect Trump's administration is considering having the CFTC lead digital asset regulation, which could bring positive signals to the crypto market.
3. Grayscale is opening private placements for various tokens to accredited investors, including SOL, SUI, XRP, and a total of 17 tokens.
Grayscale announced on the X platform that it has opened private placements for 17 tokens to eligible accredited investors, including: $AAVE $AVAX $BAT $BCH $TAO $LINK $FIL $LTC $LPT $MKR $NEAR $SOL $STX $XLM $SUI $XRP $ZEC. According to its official disclosure, Grayscale will periodically reopen private placements to accredited investors based on net asset value (NAV). -Original
4. A U.S. court ruled that sanctions against the Tornado Cash smart contract were illegal, which has profound implications for the decentralized finance sector.
According to market news, a U.S. court ruled that sanctions against the Tornado Cash smart contract were illegal. -Original
5. The Pantera Bitcoin fund has increased over 1,000 times since its launch, showcasing the potential of long-term Bitcoin investment.
6. Uniswap Labs offers a bug bounty of up to $15.5 million, marking a significant focus on security investment.
Uniswap Labs announced that it will offer a bug bounty of up to $15.5 million to anyone who discovers serious vulnerabilities in the v4 core contract. The company called it 'the largest bug bounty in history.' -Original
7. The trading volume of decentralized exchanges (DEX) in the Solana ecosystem has significantly increased, accounting for over 50%, demonstrating outstanding performance.
In the past seven days, the total trading volume on decentralized exchanges (DEX) reached a historic high of $16.8 billion, with a seven-day moving average of $16.8 billion. Additionally, in the nine days prior to November 20, four days had daily trading volumes that ranked in the top ten in history, with the highest daily trading volume reaching $19.8 billion. Solana performed outstandingly during the observation period, contributing 54% of the total trading volume, making it the biggest driver. Its daily trading volumes on November 19 and 20 reached $9.6 billion and $10.1 billion, respectively, marking its historical highs, while Solana's market share rose to 54% on a seven-day moving average, with a daily share peaking at 59%. -Original
8. U.S. Senator Joni Ernst proposed a government spending cut plan involving over $2 trillion in cuts.
Iowa Senator Joni Ernst recently wrote to leaders of the U.S. Department of Efficiency, Elon Musk and Vivek Ramaswamy, proposing ideas to cut the budget. Ernst's suggestions include addressing idle office space and uncommitted COVID-19 relief spending, with proposed cuts totaling over $2 trillion. (Daily Signal) Previously, Iowa Senator and Republican Joni Ernst will lead the Senate Government Efficiency Group (DOGE). -Original
9. Bitwise plans to launch a spot Bitcoin and Ethereum ETP and is awaiting SEC approval.
According to official news, Bitwise announced that the New York Stock Exchange (NYSE Arca) has submitted an application to launch a Bitwise exchange-traded product (ETP), which will cover investments in both spot Bitcoin and Ethereum, weighted by market capitalization. According to the documents, the ETP will directly hold these two assets. The launch of the ETP is pending approval of the 19b-4 application and the effectiveness of the S-1 registration statement. -Original
10. Kraken announced it will close its NFT marketplace and redirect resources to other projects.
After November 27, 2024, users will no longer be able to list, bid, or sell items on Kraken's NFT marketplace; they can only withdraw assets. Kraken's NFT marketplace will be completely shut down on February 27, 2025. -Original
11. Flow Traders transferred 6,000 ETH to Coinbase and OKX, indicating active operations by large institutions in the market.
Two hours ago, Flow Traders received 12,160 ETH (approximately $40.85 million) from its sub-wallet. Subsequently, Flow Traders deposited a total of 6,000 ETH (approximately $20.23 million) into Coinbase and OKX. -Original
12. Michael Saylor reiterated his long-term Bitcoin holding strategy, continuing to demonstrate his firm confidence in Bitcoin.
In response to community speculation about its Bitcoin investment potentially being the 'best trade in history,' MicroStrategy founder Michael Saylor clearly stated on social media: 'I will not sell.' Previously, analysis suggested that the Bitcoin held by Saylor and his company is currently worth up to $14.9 billion, and if sold at the current high, it would become one of the most successful investment cases in history. Nevertheless, Saylor reiterated his long-term holding strategy, further demonstrating his firm belief in Bitcoin. -Original
13. A Texas investment manager is under investigation by the SEC for illegally misappropriating client funds to invest in cryptocurrencies and has paid a fine.
According to an SEC announcement, Texas investment manager Khalid Parekh illegally invested $18.5 million of client funds in cryptocurrencies without client consent, promising an annualized return of 4%. Parekh attracted 373 investors from 40 states through his company Fair Invest between August 2021 and August 2022, mainly targeting the American Muslim community, claiming his investments complied with Islamic law. In reality, he allocated client funds to two cryptocurrency lending platforms instead of traditional assets. During the SEC investigation, Parekh refunded the principal and the promised 4% returns to clients and paid a $100,000 fine, also revoking his investment advisor registration. -Original
14. An investigation by U.S. regulators FCA shows that the number of cryptocurrency holders in the UK has increased to 7 million.
The above are the highlights from the past 24 hours. For faster news, please download AICoin (aicoin.com)
