1. After Trump was elected President of the United States, the market anticipated that he would implement crypto-friendly policies, which could boost Bitcoin prices, with multiple ETFs reaching record inflows.
2. Russian President Putin signed a law officially recognizing Bitcoin and cryptocurrencies as property.
3. Tether issued an additional 1 billion USDT on the ETH chain, attracting market attention.
On November 29 at 22:02 (UTC+8), Tether issued an additional 1 billion USDT on the ETH chain, transaction hash: 0x8009f879aad8116239cd3d949ff53467ccdfdff89d8399046634b03ce4be22d3 Note: The above data is sourced from OKLink -Original
4. Musk announced that the US Department of Efficiency will audit the IRS, sparking widespread discussion.
According to market news, Musk promotes that the Department of Efficiency (DOGE) will audit the IRS. -Original
5. The Federal Reserve is predicted to continue lowering interest rates, affecting short-term rates, while long-term rates may rise due to fiscal deficits and Trump's tariff plans.
BlockBeats reports that on November 30, Société Générale predicts that by the end of 2025, the yield on 10-year US Treasury bonds will rise to 4.5%, while the yield on 2-year US Treasury bonds will fall to 3.5%. The reason is that the Federal Reserve will continue to lower interest rates, reducing short-term rates, but will also stimulate the economy and increase the fiscal deficit, driving up the demand for long-term bonds, leading to an increase in long-term yields. In addition, Trump's tariff plan may raise inflation expectations, and the US government is expected to increase the issuance of Treasury bonds to address the fiscal deficit, all of which will push up yields. -Original
6. New York cryptocurrency regulators are about to approve the stablecoin issued by Ripple.
7. Grayscale Bitcoin Trust transferred 3,503 BTC to Coinbase and other addresses, which is noteworthy.
Grayscale transferred a total of 3,503 BTC to addresses including Coinbase 8 minutes ago, including: Grayscale Bitcoin ETF transferred 700 BTC to Coinbase Prime Deposit; Grayscale Bitcoin ETF transferred 700 BTC to an unknown address; Grayscale Bitcoin Mini Trust transferred 700 BTC to an unknown address; Grayscale Digital Large Cap Fund transferred 1,403 BTC to an unknown address. -Original
8. Analysts point out that MicroStrategy may become an amplifier of Bitcoin volatility due to its drastic position changes.
MicroStrategy's stock price has recently been highly volatile. Although Bitcoin has risen by 135% this year, MicroStrategy experienced an impressive 142% rebound this month, followed by a 37% drop in the following days. Moreover, the high volatility in MicroStrategy's valuation means that despite MicroStrategy's Bitcoin holdings being worth about $36.7 billion, its current market capitalization exceeds $92 billion, indicating that MicroStrategy has effectively become an amplifier of Bitcoin volatility. -Original
9. Analysts expect that in the coming years, institutional investors will increase their interest in Bitcoin, possibly mimicking the market performance of gold.
Mark Palmer, a senior analyst at The Benchmark Company, said in an interview with Yahoo Finance this week that this rebound will be mainly driven by institutional investors, who will continue to increase their interest in Bitcoin over the next few years. Mark Palmer drew a comparison with gold prices. In the early 21st century, when investors and pension funds began buying gold exchange-traded funds (ETFs), gold prices started to soar. This development opened the door for gold to become a more mainstream investment, and since the beginning of this century, gold prices have risen by 845%. He explained, 'The reality is that there are many under-invested pension funds. Bitcoin is a non-correlated asset with significant potential upside. Therefore, it makes sense to add a portion of Bitcoin to the portfolio. If this continues and we continue to see institutions finding ways to incorporate Bitcoin and cryptocurrencies into their portfolios, this will greatly increase demand for Bitcoin, which is how prices are pushed up.' -Original
10. Bybit analysts predict that Ethereum may break $4,000 before Trump's inauguration.
BlockBeats reports that on November 29, according to a report released by Block Scholes and Bybit Analytics on November 28, the decline in Bitcoin open contracts indicates that this is the result of 'traders repositioning after thoroughly analyzing market conditions,' rather than large-scale liquidations. A Bybit spokesperson stated that this dynamic could drive Ethereum prices above $4,000 before Donald Trump's inauguration on January 20. -Original
11. Taiwan's financial regulators implemented stricter anti-money laundering rules a month early, affecting cryptocurrency service providers.
12. Bitcoin futures broke $100,000 on CME, marking a historic milestone.
Bitcoin just broke the $100,000 mark at the Chicago Mercantile Exchange (CME), marking a historic milestone. However, the spot price on mainstream cryptocurrency exchanges has not yet broken $100,000. -Original
13. A US court rejected Craig Wright's appeal regarding 'Satoshi Nakamoto,' confirming he is not the author of the Bitcoin white paper.
The US Court of Appeals rejected Craig Wright's appeal regarding 'Satoshi Nakamoto.' Previously, in the case where the cryptocurrency open patent alliance COPA sued Craig Wright, the ruling stated that Craig Wright is not the author of the Bitcoin white paper, nor is he the person using the pseudonym 'Satoshi Nakamoto' in the white paper. -Original
14. Matrixport reports that cabinet members nominated by Trump support cryptocurrency, which may promote the development of the US cryptocurrency economy.
Matrixport stated that President-elect Trump has nominated three key cabinet minister candidates, who will respectively oversee the US Department of Treasury, Department of Commerce, and Securities and Exchange Commission (SEC). These candidates are generally considered to hold a friendly attitude towards cryptocurrencies and are aware of the inevitability of digital assets in the modern financial system. Their nominations are expected to further integrate cryptocurrencies into the US economy. Ironically, the US may become a beneficiary of MiCA. In Trump's second term, his pro-crypto cabinet team is expected to focus on integrating cryptocurrencies into the US economy to promote technological innovation and economic growth. Domestic debates in the US are no longer just limited to establishing a regulatory framework, but are shifting towards fully accepting cryptocurrencies as a driving force for creating economic opportunities and promoting technological progress. The likelihood of the US establishing a strategic Bitcoin reserve is increasing. However, the US may not actively purchase Bitcoin but rather indefinitely hold the Bitcoin it already owns. -Original
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