Hot topics on November 28
Web3 hot topics on November 28
1. Vancouver mayor plans to include Bitcoin in municipal government assets
According to Cointelegraph, Vancouver Mayor Ken Sim announced plans to include Bitcoin in municipal government assets to diversify investments.
2. Bitwise submits 10 cryptocurrency index ETFs to the SEC
Bitwise has submitted 10 cryptocurrency index ETFs to the U.S. Securities and Exchange Commission (SEC), covering
Bitcoin, XRP, Solana, Cardano, Uniswap, Polkadot, Chainlink, Ethereum, Avalanche and Bitcoin Cash.
3. Russian Parliament approves digital currency tax framework bill
The Russian parliament's upper house approved a bill outlining a tax framework for digital currencies. The bill classifies digital currencies as property and exempts them from value-added tax.
4. ETF options are the latest bullish signal for BTC
Kaiko released a report saying that ETF options are the latest bullish signal for BTC. Last week, several BTC ETF options debuted, with BlackRock's IBIT options trading volume of $1.9 billion on the first day, totaling 354,000 contracts.
5. The probability of the Fed cutting interest rates by 25 basis points in December is 70%
CME's "Fed Watch" shows that the probability of the Fed maintaining the current interest rate unchanged by December is 30%, and the probability of a cumulative 25 basis point rate cut is 70%.
