November 24 Hot Topics

November 24 WEB3 Hot Topics

1. This Week 9 Banks Raised Fixed Deposit Rates

This week, 9 banks raised their fixed deposit rates, including Dah Sing, Chiyu, ICBC, CCB, PAObank, Fubon, Shangshang, Jiao Yin, and Fubon. Fubon had previously lowered rates three times within 7 days earlier this month but has now finally raised rates. Dah Sing, DBS, OCBC, and Dah Sing saw a 0.04% rate withdrawal.

2. U.S. House of Representatives Passes New Bitcoin Bill

NEO founder Da Hongfei stated that the U.S. House of Representatives passed a landmark Bitcoin bill (176-26), reshaping cryptocurrency regulation. The bill officially recognizes Bitcoin as a “store of value” asset, similar to digital gold, while ETH is still classified as a utility token. This distinction brings significant opportunities.

3. Slow Mist Warns of Ownership Change Risks in Solana and Tron

Slow Mist's Yu Xian posted on platform X stating that there are risks associated with the owner-change mechanism on the Solana and Tron chains without taking private keys in phishing. Once the owner is changed, the private key will become invalid, and unless the phishing attacker returns the owner, recovery will be impossible. Any claims to recover this will be a scam.

4. SEC New Regulations May Propel Bitcoin Bull Market

EMJ Capital founder Eric Jackson stated in a CNBC interview that the U.S. Securities and Exchange Commission may introduce new cryptocurrency regulatory policies. The global adoption expansion and the U.S. strategic Bitcoin reserves may become significant catalysts for Bitcoin, driving the next bull market.

5. U.S. to Release October Core PCE Price Index

The U.S. will announce the year-on-year core PCE price index for October, month-on-month personal spending, month-on-month existing home sales index, and month-on-month core PCE price index on November 27. Meanwhile, the Federal Reserve will also release the minutes of the November monetary policy meeting.

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