If you don’t pay attention to industry news during trading, you may miss important market dynamics and lose profitable trading opportunities. At the same time, not understanding the latest market risks may cause you to suffer significant losses in certain assets or markets. In short, without timely industry news as a reference, trading decisions may lack sufficient basis, thereby increasing investment risks. Here is a summary of today’s hot spots:
1. A rising star in the financial world: BlackRock explores the crypto space
BlackRock registered the iShares Ethereum Trust in Delaware. Bloomberg analyst Eric Balchunas pointed out that this is the initial step for BlackRock to apply for an Ethereum spot ETF.
2. Bitcoin’s new heights: new price trends
Mars Finance reported that the price of Bitcoin briefly broke through 37,000 USDT and then fell back. The current price is 36,865 USDT, an increase of 4.67% in 24 hours.
3. Cryptocurrency mining in the new era: Celsius’s transformation journey
Celsius Network LLC has received court approval for its plan to transform into a creditor-owned bitcoin mining company and expects to begin distributing assets early next year.
4. The new king of exchanges: CME takes over the futures market
The Chicago Mercantile Exchange (CME) Bitcoin futures open interest has reached 111,080 BTC, worth approximately $4.08 billion, surpassing Binance to become the exchange with the largest open interest.
5. New options for cryptocurrency ETFs: UBS’s new initiative
UBS Group AG is allowing its wealthy clients to trade cryptocurrency-related exchange-traded funds (ETFs) in Hong Kong, offering clients three cryptocurrency ETFs authorized by the Securities and Futures Commission.
6. New regulatory developments in cryptocurrencies: the U.S. Treasury Department’s crackdown
Wally Adeyemo, deputy secretary of the U.S. Treasury, announced that the United States and its allies will impose more sanctions on Hamas, including a crackdown on its use of crypto assets.
7. Tech Frontier: New Ideas from Flashbots Co-Founder
Stephane Gosselin, former co-founder of Flashbots, released a Telegram trading bot “Alfred” for performing token swaps on Ethereum.
8. Innovation in Crypto Finance: Circle’s Upgrade Initiatives
Circle has announced the launch of new v2.2 upgrades for USDC and EURC, designed to reduce gas costs, improve support for account abstraction, and enhance the security of the EVM blockchain.
9. New Trends in the Crypto Market: The Rise of Polygon
Polygon’s native token, Matic, surged on the back of a 110 million Matic grant program, mirroring the strong performance of the entire cryptocurrency market.
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Game public chain Xai: the wealth code that you absolutely cannot miss
