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China is accelerating the development of the digital yuan, and its policy stance to resolutely curb virtual currencies, including stablecoins, has become fully clear. This approach is based on a comprehensive consideration of factors such as China’s global leadership in mobile payments and the digital yuan, the sovereignty and security of the renminbi, and the stability of the monetary and financial system.
As the December FOMC meeting approaches, the market's focus has shifted from interest rate cuts to the possibility of the Federal Reserve restarting large-scale asset purchases.
He believes the industry has lost its idealism and has turned into the largest and most participated super casino in human history, and he feels disgusted for having contributed to this casino.
He believes the industry has lost its idealism, morphing into the largest and most widely participated super casino in human history, and feeling disgusted with having once contributed to this casino.
In Brief Bitcoin and altcoin ETFs witness dynamic shifts in inflows and outflows. XRP and Solana ETFs attract notable investor attention and activity. Institutions explore diversified crypto ETFs for strategic risk management.
- 04:38The Japanese government submits an additional budget of 18.3 trillion yen to the parliament.Jinse Finance reported that the Japanese government submitted a supplementary budget draft for the 2025 fiscal year to the National Diet on Monday, with general account expenditures reaching 18.3034 trillion yen, mainly to fund the first comprehensive economic plan under Prime Minister Sanae Takaichi's administration. This figure marks a significant increase from the previous fiscal year's supplementary budget of 13.9433 trillion yen. The core of this economic plan will focus on measures to alleviate the impact of rising prices and investments in growth sectors. The Budget Committee of Japan's House of Representatives will hold meetings on Tuesday and Wednesday to discuss the budget proposal. The Japanese government's goal is to pass the budget during the current Diet session, which is scheduled to end on December 17. (Golden Ten Data)
- 04:38Data: The current Crypto Fear & Greed Index is 19, indicating a state of extreme fear.ChainCatcher news, according to Coinglass data, the current cryptocurrency Fear and Greed Index is 19, down 2 points from yesterday. The 7-day average is 23, and the 30-day average is 19.
- 04:32Harvard University increases Bitcoin investment to $443 million, allocation surpasses goldChainCatcher News, Bitwise CIO Matt Hougan posted on X that Harvard University increased its bitcoin investment from $117 million to $443 million in the third quarter. At the same time, it also raised its allocation to gold ETF from $102 million to $235 million. Harvard decided to make a devaluation trade, with its bitcoin allocation being twice that of gold.