1. BTC breaks through 98,000 USD, setting a new historical high
OKX market data shows that BTC has just broken through 98,000 USD, setting a new historical high, currently reported at 97,988 USD / coin, with a daily increase of 3.43%. According to Coinglass data, Bitcoin liquidations in the past 24 hours amounted to 123 million USD, of which short positions accounted for 93.32 million USD.
2. Trump team discusses establishing a White House cryptocurrency position and reviewing candidates
The Trump team is discussing the establishment of a position in the White House specifically responsible for cryptocurrency policy. This position may aim to coordinate policies between federal agencies and communicate with industry stakeholders to address issues related to the cryptocurrency field. It is not yet determined whether this position will be a senior White House position or its specific responsibilities.
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3. NVIDIA announces its fiscal year 2025 third quarter financial report
NVIDIA announced its fiscal year 2025 third quarter financial report, with an adjusted earnings per share (EPS) of 0.81 USD, exceeding market expectations of 0.74 USD; revenue was 35.1 billion USD, surpassing market expectations of 33.25 billion USD. Among them, data center business revenue reached 30.8 billion USD, higher than the market expectation of 29.14 billion USD. NVIDIA expects fourth-quarter revenue to be 37.5 billion USD, with a fluctuation of 2%.
4. QCP Capital: Bitcoin prices are expected to remain strong by the end of the year
QCP's latest report indicates that Bitcoin broke its historical high this morning, reaching 97,900 USD, driven by institutional fund inflows and increased corporate attention to crypto assets. Strong demand for call options in January, March, and June has been observed, demonstrating strong confidence in the long-term outlook. Bitcoin ETF net inflows have reached 1.84 billion USD in the last three days, while US ETF net inflows have exceeded 29.4 billion USD this year, becoming a major force driving Bitcoin fund inflows. Against the backdrop of further monetary policy easing by global central banks, Bitcoin prices are expected to remain strong by the end of the year.
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5. The Changping District Court in Beijing is handling a case of a blockchain engineer abusing his power for profit
The Changping District Court in Beijing is handling a case of a blockchain engineer abusing his power for profit. The defendant, Zhang, obtained program codes and private keys beyond his authority under the pretext of 'code learning' while developing projects for the company and shared them in a technical group chat, inviting members to hack the company's account, successfully stealing 106.15 Ethereum. Subsequently, Zhang transferred the funds through 'money laundering' and returned the profits to his personal account. Ultimately, Zhang was sentenced to 3 years and 6 months in prison for illegally obtaining data from computer information systems and fined 60,000 Yuan, with illegal gains of 38,329.76 Yuan confiscated.
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6. South Korean police confirm for the first time that the hacker who stole 342,000 ETH from Upbit five years ago is from North Korea
South Korean police confirm for the first time that the 342,000 Ethereum stolen from the cryptocurrency exchange Upbit in 2019 was carried out by the North Korean reconnaissance bureau’s hacker organizations 'Lazarus' and 'Andariel'. The police concluded this based on North Korean IP addresses, the flow of crypto assets, and evidence obtained in cooperation with the FBI. Among them, 57% of the Ethereum was exchanged at a low price for Bitcoin, and the remaining assets were laundered through 51 overseas exchanges. After four years of tracking, police successfully recovered 4.8 Bitcoins (approximately 600 million Korean Won) from a Swiss exchange and returned it to Upbit.
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