$BTC
⚡️ The cryptocurrency storm is rising again! On the evening of December 4th, the New York Mayor's salary decision, a massive GALA transfer, and global regulatory dynamics were shockingly released.
Overview of important dynamics on the evening of December 4th
Cryptocurrency Sector
New York Mayor Adams stated: Mayor Adams expressed satisfaction with his decision to accept cryptocurrency as salary, which continues to spark public discussion on the legality and practicality of cryptocurrencies.
Analyst Warning: Market analysts indicate that Bitcoin, the US dollar, and stocks are currently the three asset classes most susceptible to market shocks, and investors should proceed with caution.
GALA Large Transfer: DWF Labs recently deposited up to 20 million GALA tokens on the Binance trading platform, a move that may have a certain impact on the market.
Policy and Regulation
Japanese Prime Minister Kishida's Stance: Japanese Prime Minister Kishida has a cautious attitude towards separate taxation of cryptocurrencies and approving ETFs (Exchange-Traded Funds), indicating that the government will be more prudent in formulating related policies.
Australia ASIC Seeks Opinions: Australia's securities regulator ASIC is seeking public feedback on proposed cryptocurrency guidelines, aiming to improve the regulatory framework of the cryptocurrency market.
Legal Disputes
Hut 8 Mining Firm's Counterattack: Bitcoin mining firm Hut 8 is seeking the court to dismiss a class action lawsuit initiated by short sellers, accusing them of pursuing personal gain at the expense of the company's interests.
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