News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
The SEC is expected to issue an innovation exemption for the crypto industry. The UK "Digital Assets and Other Property Act" has come into effect. BlackRock's CEO revealed that sovereign wealth funds are buying bitcoin. Bank of America recommends clients allocate to crypto assets. Bitcoin selling pressure is nearing its end. Summary generated by Mars AI. The accuracy and completeness of this summary are still being improved as the Mars AI model continues to iterate.
In recent days, an article titled "I Wasted Eight Years in the Crypto Industry" has garnered over a million views and widespread resonance on Twitter, directly addressing the gambling nature and nihilistic tendencies of cryptocurrencies. ChainCatcher now translates this article for further discussion and exchange.
The article discusses the concept of modular blockchains and Ethereum's performance improvement through the Fusaka upgrade. It analyzes the challenges faced by DA layers such as Celestia and highlights Ethereum's advantages. The summary was generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated.
- 15:58K33 Research: The market is more likely to rise significantly than to decline again, and December may present a good buying opportunityJinse Finance reported that K33 Research analyst Vetle Lunde stated that December could be a turning point for the crypto market in the near term, and thus structural upside potential is forming. Bitcoin's current valuation reflects market panic more than fundamental factors, and the probability of a significant market rally is much higher than the chance of another 80% drop. December may present a bold buying opportunity. In addition, the market is overreacting to distant threats, such as quantum computing risks and the possibility of Strategy (MSTR) selling bitcoin, while ignoring strong recent signals, such as the potential approval of using cryptocurrencies in 401(k) retirement accounts and the Federal Reserve's shift to support cryptocurrencies. (CoinDesk)
- 15:52The XMAQUINA proposal XMQ-02 has been officially approved, and the public sale and TGE will take place soon.Foresight News reported that Web3 robotics company XMAQUINA announced on Twitter that its proposal XMQ-02 has been officially approved, and a public sale and TGE will be launched soon.
- 15:40"1011 Insider Whale" opens long positions with 9,010 ETH, worth $26.67 millionAccording to Jinse Finance, real-time on-chain monitoring shows that at 23:30 (UTC+8) today, the "1011 Insider Whale" opened a long position in ETH, with an opening amount of 9,010 ETH, valued at $26.67 million. As of press time, the value of this whale's ETH long position is $26.7 million, with an unrealized profit of $29,700. In addition, this whale still has pending orders worth approximately $2.93 million that have not yet been filled.