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French lawmakers to review motion promoting Bitcoin and crypto, while seeking to ban central bank digital currencies.Ban on CBDCs, Push for DecentralizationTowards a National Crypto Reserve and European Leadership
Charles Edwards warns Bitcoin's encryption could be cracked by quantum computers between 2027 and 2029.What Is “Q-Day” and Why It MattersWhat the Crypto Community Should Do
Visa now supports stablecoin payments across four blockchains, enabling fiat conversion and boosting crypto adoption.Which Stablecoins and Blockchains Are Supported?What This Means for the Future of Payments
Traders see a 99.5% chance the Fed will cut rates to 3.75–4.00% at the upcoming FOMC meeting, according to CME FedWatch.Why the Fed May Cut Rates NowHow Markets Are Reacting
- 06:54Whale with a 100% win rate reduces ETH holdings for the first time, sells 3,400 ETH for a profit of $186,000According to ChainCatcher, on-chain analyst Ai Aunt (@ai_9684xtpa) has monitored that a whale with a 100% win rate has reduced their Ethereum holdings for the first time, selling 3,400 ETH in one go, worth $13.67 million, with a profit of $186,000 from this portion. Currently, this whale still holds 44,148.41 ETH, valued at $177 million, with an entry price of $3,965.94; at the same time, they also hold 382,611.22 SOL, valued at $74.46 million, with an entry price of $198.37.
- 06:53A new wallet withdrew 5.3 million USDT from Aster and purchased 2.94 million ASTER.According to Jinse Finance, Onchain Lens monitoring shows that a newly created wallet (0xe30...d7a7) has withdrawn 5.3 million USDT from Aster in the past 15 hours and spent 3.2 million USDT to purchase 2.94 million ASTER at a unit price of $1.09. The wallet currently still holds 2 million USDT.
- 06:53SPAC fundraising reaches highest level since 2021, with cryptocurrency as one of the main sectors for dealsOn October 28, The Kobeissi Letter posted on X, stating that since 2024, SPAC (Special Purpose Acquisition Company) founders have raised over $24 billion, surpassing the total of the previous two years combined. 2025 is expected to become the strongest year for SPAC performance since 2021. Recently, most SPAC deals have focused on the nuclear energy, quantum computing, and cryptocurrency industries. However, among the 589 companies that have gone public via SPAC since 2019, only 11% currently have a stock price above their original offering price. During this period, 31% of companies have gone bankrupt or been acquired, and 48% have seen their market value drop by 50% to 99%.