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  • 00:33
    Foreign media: The Trump administration is considering letting the CFTC take the lead in digital asset regulation
    The incoming Trump administration hopes to expand the powers of the CFTC, granting it a large portion of regulatory authority over digital asset markets. With Trump taking office and the crypto industry's growing influence in Republican politics, the CFTC's responsibilities may soon expand to regulate crypto spot markets that are considered commodities, such as Bitcoin and Ethereum, sources said and the exchanges that facilitate their trading. Central figures in Trump’s team believe that deregulation is needed to spur innovation in crypto businesses, including potentially transformative blockchain technology. “With adequate funding and the right leadership, I think the CFTC can begin regulating digital commodities on day one of the Trump presidency,” said former CFTC Chairman Chris Giancarlo.
  • 00:00
    In the past 24 hours, the entire network liquidated 476 million US dollars, the main liquidation of multiple orders, and BTC liquidated 119 million US dollars
    According to Coinglass data, $476 million was liquidated across the entire network in the past 24 hours, of which $365 million was liquidated for long orders and $112 million was liquidated for short orders. Among them, the liquidation of BTC was $119 million, and the liquidation of ETH was $73.8158 million.
  • 2024/11/26 23:57
    Overview of Key Overnight Developments on November 27
    21:00-7:00 Keywords: Pantera, Trump, Brazilian lawmakers, NYSE 1. Pantera Bitcoin fund has increased over 1000 times to date; 2. The Trump administration is considering letting the CFTC lead digital asset regulation; 3. Brazilian lawmakers formally propose establishing a national strategic Bitcoin reserve; 4. The Federal Reserve is considering a technical adjustment by lowering the reverse repo rate by 5 basis points; 5. NYSE submits 19b-4 and S-1 documents to the SEC for Bitwise BTCÐ ETF; 6. Grayscale opens private placement subscriptions for SOL, SUI, XRP, and 17 other token trust funds to qualified investors; 7. CryptoQuant: Long-term holders sold 728,000 BTC in the past 30 days, the highest since April.
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