According to an official announcement, Bitcoin mining company MARA Holdings announced that through the issuance of $1 billion in zero-coupon convertible preferred notes, it has additionally acquired 703 Bitcoins, bringing the total amount of Bitcoins purchased through this issuance to 6,474, with an average purchase price of $95,395. The return on each Bitcoin since the beginning of the year is 36.7%. Currently, MARA Holdings holds approximately 34,794 Bitcoins, valued at about $3.3 billion based on the current Bitcoin price of $95,000. MARA has repurchased part of the $200 million bonds maturing in 2026; after deducting transaction costs, the remaining proceeds of about $160 million can be used for future purchases when Bitcoin prices drop.
Elon Musk stated that the IRS will accept an audit of the Department of Government Efficiency (DOGE).
US President-elect Trump announces the nomination of Brooke Rollins as Secretary of Agriculture. Thus, all cabinet ministers for Trump's new government have been confirmed, in addition to which Trump has nominated several high-ranking officials in the past few weeks. From the list of the new government, aside from names familiar in the crypto market such as Musk and Howard Lutnick, several cabinet officials are staunch supporters of cryptocurrency and have publicly disclosed their cryptocurrency holdings, including the nominated Vice President, Secretary of the Treasury, Secretary of Commerce, Secretary of Health and Human Services, and Director of National Intelligence, among others. (Jin Shi)
The US antitrust agency launches an investigation into Microsoft
CryptoQuant analyst crypto sunmoon stated that Ethereum's 'second bull market' has begun. The analyst noted that in previous cryptocurrency market bull runs, Ethereum always experienced two rounds of increases, with the second bull market cycle always significantly exceeding the price set during the first bull market cycle.
Coinbase: PEPE trading is now open to users in New York. Bitcoin Magazine posted on platform X that the asset management giant
VanEck CEO predicts BTC price will be between $150,000 and $180,000 during this cycle.
Circle CEO: EURC has become the largest euro stablecoin in the market
According to Jin Shi, the US October core PCE price index annual rate
2.8% (the largest increase since April 2024), expected
2.80%, previous value 2.70%. The US October core PCE price index monthly rate is 0.3%, expected 0.30%, previous value 0.30%. The US October PCE price index annual rate is 2.3%, expected 2.30%, previous value
2.10%. The US October real personal consumption expenditures monthly rate is 0.1%, expected 0.2%, and the previous value was revised from 0.40% to 0.5%.