- Popular CEX Cryptocurrencies
Top 10 CEX Trading Volumes and 24-Hour Price Changes:
- BTC: -1.36%
- ETH: -0.94%
- SOL: -3.40%
- XRP: -3.25%
- BNB: -1.16%
- DOGE: -4.26%
- ADA: -4.65%
- SUI: -4.66%
- ZEC: -11.10%
- LINK: -3.02%
24-Hour Price Increase Rankings (Data Source: OKX):
- NIGHT: +58.47%
- LUNA: +36.06%
- WET: +35.01%
- LRC: +32.30%
- PSTAKE: +31.91%
- G: +6.96%
- CVC: +4.88%
- HYPE: +3.39%
- BARD: +3.21%
- SEI: +2.11%
24-Hour Stock Price Increase Rankings (Data Source: msx.com):
- MIGI: 52.61%
- GEMI: 13.64%
- FLY: 13.26%
- SATS: 11.19%
- ASTS: 7.06%
- RKLB: 6.27%
- WDC: 6.21%
- NVO: 5.63%
- QLGN: 5.59%
- STX: 5.1%
- On-Chain Popular Meme Top 5 (Data Source: GMGN):
- BOXABL
- FKD
- CALVIN
- Inu
- Ean
Headlines
The Federal Reserve Lowers Benchmark Interest Rate by 25 Basis Points to 3.50%-3.75%
The Federal Reserve has lowered the benchmark interest rate by 25 basis points to 3.50%-3.75%.
The Probability of the Federal Reserve Pausing Rate Cuts at the January Meeting Rises to 78%
U.S. interest rate futures indicate that the probability of the Federal Reserve pausing rate cuts at the January meeting has risen to 78%, up from 70% before the FOMC decision.
CFTC Chair: Bitcoin Will Be Usable as Collateral in the Derivatives Market
The chair of the U.S. Commodity Futures Trading Commission has confirmed that Bitcoin will be usable as collateral in the derivatives market.
The U.S. Office of the Comptroller of the Currency (OCC) released preliminary findings indicating that from 2020 to 2023, nine of the largest banks in the U.S. implemented restrictive measures against certain "politically sensitive" industries, including the crypto industry. The OCC noted that these banks took actions such as restricting account openings, limiting services, or requiring higher-level approvals based on the "legitimate but controversial" nature of customer businesses, which constitutes improper discrimination.
Industry News
Strategy has written to the MSCI Stock Index Committee urging it to abandon a proposal that aims to prohibit companies with digital asset holdings exceeding 50% of total assets from being included in its global stock benchmark. Strategy warns that this move will lead to severe volatility in the index and conflict with the U.S. government's push for digital asset innovation.
Bitmine Increases Holdings by $112 Million in ETH
According to crypto analyst Ember@EmberCN, Ethereum's largest treasury company, Bitmine (BMNR), has continued to increase its ETH holdings, acquiring 33,504 ETH from FalconX about 2 hours ago, valued at approximately $112 million at current prices.
ETHZilla Plans to Redeem $516 Million Convertible Bonds Early to Optimize Capital Structure
ETHZilla announced plans to complete the early redemption of $516 million in convertible bonds maturing in 2028 by December 30, with a redemption price of 117% of face value, plus accrued interest. The company will use restricted cash held as collateral to support this redemption and has signed relevant agreements with bondholders. The official statement indicates that this move aims to simplify the capital structure and enhance financial flexibility, in line with its recent business developments in on-chain asset tokenization, including previously disclosed deployments and investments related to Karus and Zippy.
Project News
GameStop Reports a $9.4 Million Paper Loss on Bitcoin Holdings in Q3, Still Holds 4,710 BTC
GameStop (GME) disclosed that its Bitcoin holdings incurred a paper loss of approximately $9.4 million for the third quarter ending November 1. Based on the quarter-end price, the total value of the 4,710 BTC held by the company is approximately $519 million, with no new purchases or sales of Bitcoin during the quarter. GameStop's stock price fell 5.8% on Wednesday due to disappointing sales data. Since announcing its strategy to include Bitcoin in its treasury, the company's stock price has dropped over 22%.
Gemini Space Station, Inc. (GEMI) has been approved by the U.S. Commodity Futures Trading Commission (CFTC) to operate as a designated contract market (DCM) and officially enter the prediction market space. The official announcement states that its new platform, Gemini Titan, will first launch classic binary event contracts, allowing "yes/no bets on future events"; Titan is expected to further expand into other derivatives markets regulated by the CFTC, including crypto futures, options, and perpetual contracts.
Stripe Acquires Valora Team to Expand Stablecoin Business
Payment giant Stripe is further expanding its crypto business by acquiring the crypto wallet startup team Valora (the team is integrated, not a technology asset acquisition) to strengthen its strategic layout for global financial system accessibility.
Investment and Financing
Surf Completes $15 Million Financing, Led by Pantera Capital
Surf announced the completion of $15 million in financing, led by Pantera Capital, with participation from Coinbase Ventures and Digital Currency Group. The project is an AI platform designed specifically for the crypto space.
African Stablecoin Payment Infrastructure Ezeebit Completes $2.05 Million Seed Round Financing
According to bitcoinke, Ezeebit, a crypto payment startup regulated by South Africa's FSCA, announced the completion of a $2.05 million seed round financing, which will be used to accelerate product development and merchant expansion in South Africa, Kenya, and Nigeria. The company supports instant settlement of stablecoins and next-day local currency payments, having processed over 30,000 transactions. Investors include Raba Partnerships, Founder Collective, and industry executives from VISA, Revolut, and Talos.
According to official news, Aptos ecosystem-enhanced yield infrastructure Goblin Finance announced the completion of a $1 million strategic round financing, led by OKX Ventures, Gate Ventures, and BlockBooster, with participation from the Aptos Foundation and ecosystem partner Hyperion. Aptos Labs co-founder and CEO Avery Ching participated in the investment personally.
Regulatory Policies
CFTC Acting Chair Caroline Pham announced the list of initial members of the CEO Innovation Council, all from the exchange sector, who will discuss market structure and regulatory innovation in the derivatives market. Participants include: Polymarket CEO Shayne Coplan, Cboe Global Markets CEO Craig Donohue, CME Group CEO Terry Duffy, Bullish CEO Tom Farley, Nasdaq CEO Adena Friedman, Bitnomial CEO Luke Hoersten, Kalshi CEO Tarek Mansour, Crypto.com CEO Kris Marszalek, LSEG CEO David Schwimmer, Kraken Co-CEO Arjun Sethi, ICE CEO Jeff Sprecher, and Gemini CEO Tyler Winklevoss.
The CFTC stated that it will promote market structure innovation in areas such as tokenization, crypto assets, 24/7 trading, perpetual contracts, prediction markets, and blockchain infrastructure, and will continue to review more committee applications.
Voices
"Federal Reserve mouthpiece" Nick Timiraos recently stated that Federal Reserve officials have cut rates for the third consecutive meeting, but inflation or the job market should be a greater concern. There are unusual divisions within the Federal Reserve, leading officials to suggest a low willingness to continue cutting rates. Recent public comments from Federal Reserve officials show severe internal divisions, to the extent that the final decision may depend on how Federal Reserve Chair Powell wishes to proceed. Powell's term will expire next May, meaning he will only preside over the next three interest rate-setting meetings.
Alliance DAO co-founder qw shared his personal ranking of "business moat levels across different industries," pointing out that the moat of blockchain itself is very limited, only about 3/10. He believes that ASML, Microsoft (key SaaS), and Apple (brand + development ecosystem) can score up to 10/10 (strongest moat); the best crypto businesses in the crypto industry score 5/10; public chains (blockchains) score only 3/10 (narrow moat). He further stated that a low moat score is not necessarily a bad thing, but it means that the team must be able to continuously lead in innovation, or they will be quickly replaced.
Dragonfly Partner: Ethereum Has a Strong Moat, the Claim of "No Moat in Blockchain" is Absurd
Dragonfly Managing Partner Haseeb responded by stating that rating "the blockchain moat as 3/10" is indeed absurd, and even Aave founder Santi has never believed that blockchain "has no moat." He pointed out that Ethereum has maintained its dominance for 10 consecutive years, during which hundreds of competitors have raised over $10 billion in attempts to capture the market. However, after enduring the challenges from all challengers over the decade, Ethereum remains at the top of the industry, which itself indicates a strong moat. Haseeb stated that if such achievements cannot be considered a moat, then the concept of a moat may be meaningless.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
