Investors are accumulating stablecoins such as Tether USDT, USDC, BUSD, and DAI as Bitcoin and Ethereum struggle to surpass their psychological barriers. BTC has been unable to break the $31,000 mark, while ETH is facing challenges maintaining the $2,000 level. Traders are finding comfort in their stablecoin positions amidst the volatile crypto market. Despite this, data from Coinglass suggests that traders remain optimistic and are betting on a potential price rise for BTC and ETH.
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Stablecoin Whales and Sharks Accumulate Amidst Bitcoin and Ethereum Struggles
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German parliament passes Financial Market Digitalization Act
According to a report by Ledger Insights, the German parliament (Bundestag) has passed the "Financial Market Digitalization Act" (Finanzmarktdigitalisierungsgesetz or FinmadiG) this week. The parliament responded to industry demands to ensure legislation is in place before MiCAR comes into full effect on December 30th. -
Data: Yesterday, the US spot Bitcoin ETF had a net inflow of US$373 million
According to Trader T's monitoring, the net inflow of US spot Bitcoin ETF was $373 million yesterday. -
BTC breaks through $101,500
the market shows that BTC has broken through $101,500 and is currently trading at $101,510.91, with a 24-hour increase of 6.15%. The market is volatile, so please be prepared for risk control. -
The final value of the US one-year inflation rate in November is expected to be 2.6%, the expected value is 2.7%, and the previous value is 2.60%
the expected final value of the US one-year inflation rate in November is 2.6%, with an expected value of 2.7% and a previous value of 2.60%. The expected final value of the US five-to-ten-year inflation rate in November is 3.2%, with an expected value of 3.1% and a previous value of 3.10%. -
U.S. stocks open, most crypto stocks open lower
the US stock market opened with the Dow Jones up 0.19%, the S&P 500 up 0.05%, and the Nasdaq up 0.01%. Most cryptocurrency stocks opened lower, with Coinbase (COIN.O) down 0.06%, MicroStrategy (MSTR.O) up 0.4%, and Riot Platforms (RIOT.O) down 2.6%. Previously, Bitcoin had risen above $99,000 before falling back. -
BTC breaks through $98,500
market shows BTC breaking through $98,500 and is now trading at $98,501.24, with a 24-hour increase of 0.84%. The market is volatile, so please be prepared for risk control. -
Cardano's ADA Hits Highest Level Since May 2022 as Bitcoin Nears $100K and Capital Rotates into Alternative Cryptocurrencies
Cardano's ADA has reached its highest level since May 2022, with evidence of significant participation from large traders in the on-chain activity. As Bitcoin approaches the $100,000 mark for the first time, capital is shifting towards alternative cryptocurrencies, generating excitement in the wider crypto market. Additionally, Bitcoin has broken a new record above $98,000, and there are reports that former US President Donald Trump is considering appointing a "Crypto Czar" and a crypto lawyer for SEC Chair. BlackRock's IBIT options launch has also contributed to Bitcoin's new ATH. -
BCH breaks through $500
market shows BCH has surpassed $500, currently trading at $521, with a daily increase of over 20%. The market is volatile, please be prepared for risk control. -
Bitwise Bitcoin ETF's holdings exceed $4 billion
Bitwise's official data update shows that as of November 20th, the BITB Bitcoin exchange-traded fund's position has reached 42,451.73 BTC, with a market value exceeding 4 billion USD, currently reaching 4,003,716,971.36 USD. -
The first #Bitcoin whitepaper draft written by Satoshi Nakamoto 16 years ago.
Title: Electronic Cash Without a Trusted Third Party
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