Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Cointime News Wrapup-Afternoon Version: Kraken CEO Jesse Powell Says Regulators Support the Bad Guys in Crypto
To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.
Collins from the Federal Reserve stated: A rate cut in December is clearly being considered, but it has not been finally determined. There are currently no signs of price pressure. More data will be released before December, and we will have to continue to evaluate and interpret it reasonably. (Jinshi)
According to Onchain Lens monitoring, an entity named "7 Siblings" bought 1.06 million EIGEN in the past two days, with an average purchase price of $2.43,
According to iChainfo's monitoring, 60 million WLD (worth $135.9 million) have been transferred to Worldcoin's multi-signature address. It is expected that these WLD will soon be transferred to several market makers.
influenced by the strong performance of Bitcoin, cryptocurrency concept stocks in the US market rose before the market opened. Coinbase (COIN.O) rose 2.1%, Bit Digital (BTBT.O) rose 2.8%, MicroStrategy (MSTR.O) rose 2.4%. ProShares Bitcoin Strategy ETF rose 2%, iShares Bitcoin Trust rose 2.2%.
On Thursday, U.S.-listed bitcoin exchange-traded funds experienced their third-largest outflow since launch, with over $400 million being drained. Interestingly, each time there has been an outflow greater than $400 million, a local bottom in price has been observed, as seen on May 1 and Nov. 4. This comes as stablecoin liquidity and bitcoin transactions are on the rise, while the ETH/BTC ratio has slid to its lowest point since April. Some are questioning whether bitcoin is losing its bullish momentum.
On November 15th, Equation Founder him posted on X that a whale had sent 20 million Fartcoins to Truth Terminal's wallet address, which was worth $40,000 at the time and is now worth $5 million, making Truth Terminal the first AI millionaire. Finally, he stated that the whale was himself.
the European Banking Authority (EBA) is the European regulatory agency responsible for addressing weaknesses in the European banking industry. It has issued two sets of guidelines, including specific guidelines for payment service providers (PSPs) and cryptocurrency asset service providers (CASPs). On November 14th, EBA released guidelines that specify the measures that PSPs and CASPs must take when transferring funds or cryptocurrency to comply with EU and national restrictive measures. According to EBA, these guidelines ensure the implementation of EU and national sanctions. EBA believes that weaknesses in control, internal policies, and procedures may pose legal and reputational risks to financial institutions (including PSPs and CASPs). In addition, weak links in these areas for financial institutions may also "weaken" the effectiveness of the EU's restrictive measures system. The European Banking Authority emphasizes that this may lead to rule evasion, thereby affecting the stability of the EU's financial ecosystem. According to ECA, these guidelines will apply from December 30, 2025.
The Republican candidate laid out a plan for crypto policies should he win in November against prospective Democratic presidential nominee Kamala Harris.
The US Securities and Exchange Commission has returned the S-1 form to the potential Ethereum ETF issuer with some comments, asking them to address the issues and resubmit. Sources say that at least one more round of review is needed before these measures can take effect. The issuer has reportedly been asked to address these comments and resubmit before July 8th. Sources note that this will not be the final declaration after the form is returned, meaning that at least one more declaration is needed before the ETF can begin trading.
All Comments