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Quick Take Thailand’s Securities and Exchange Commission is considering allowing local bitcoin ETFs to list on local exchanges, according to Bloomberg. The regulator has previously approved a local fund-of-funds that offers institutional investors exposure to overseas bitcoin ETFs.
Quick Take The bitcoin derivatives market shows increased volatility ahead of President-elect Donald Trump’s second inauguration, with a notable rise in put options. Ethereum traders anticipate even higher volatility than bitcoin traders, as both markets reflect cautious sentiment in response to the upcoming political transition.
Quick Take Arweave packed encrypted data, stored using synthetic-DNA technology, onto a lunar lander and sent it to the moon, where it is meant to last for thousands of years.
Quick Take The U.S. Securities and Exchange Commission is likely to look very different under the incoming Trump administration. SEC Commissioners Hester Peirce and Mark Uyeda could begin refitting the agency’s views on crypto as soon as next week, Reuters reported on Wednesday, citing people briefed on the situation.
Quick Take Bitcoin briefly touched the $100,000 mark on Wednesday amid signs of cooling U.S. inflation and renewed optimism for risk assets. Analysts point to easing core CPI and expectations of a less hawkish Fed as key factors boosting market sentiment.
Quick Take The fund would prioritize investments in digital asset-focused companies such as exchanges, crypto payment platforms and mining firms, among others.
Quick Take In a brief filed late on Wednesday, the SEC said it disagreed with the U.S. District Court for the Southern District Court’s earlier ruling that said some sales of XRP to retail investors did not violate securities laws. The SEC accused Ripple of trying to boost XRP’s demand through public statements to “increase demand for XRP to increase XRP’s price.”
- 11:33Solana DEX's daily trading volume breaks through 6 million US dollars, leading Ethereum for four consecutive monthsGolden Finance reports, according to data from DefiLlama cited by Coindesk, the daily trading volume of Solana's decentralized exchange (DEX) has reached 60 million US dollars, surpassing Ethereum network DEX trading volume for the fourth consecutive month. The data shows that major DEX platforms in the Solana ecosystem such as Jupiter, Raydium and Orca have made significant contributions to the overall trading volume.
- 11:33Musk has changed his X platform nickname to Harry BōlzGolden Finance reports that Musk has changed his X platform nickname to Harry Bōlz, and at the same time, the X account profile has been changed to "A Shortfall of Gravitas" (Lack of Dignity).
- 11:32Bitcoin miners are facing a new "surrender" stage, which may indicate that the market is nearing its bottomOdaily Planet Daily reports that Bitcoin miners may be indicating a long-term rebound in BTC prices. Data shows that Bitcoin is showing typical signs of a local bottom, as miners are facing a new "surrender" phase. Analysis points out that the hash ribbon indicator of Bitcoin is undergoing a "triggered" reversal. The hash ribbon is a well-known leading indicator, usually used to predict the reversal of BTC prices at local lows. When the 30-day moving average (MA) power falls below the 60-day average, it means that miners are experiencing "surrender"—"when the cost of mining bitcoin becomes relatively high, miners are forced to shut down their machines." This situation is rare and often occurs before long-term increases in BTC prices. The last miner surrender period occurred in mid-October 2024, after which BTC price broke through from its historical high point of $73,800 and soared to $108,000 within just two months.