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asset tokenization company Securitize has announced the appointment of former PayPal digital assets legal head Jerome Roche as Chief Legal Officer, preparing the company for listing on Nasdaq through a SPAC under Cantor Fitzgerald.
market shows that ETH has fallen below $3100, currently at $3099.18, with a 24-hour decline of 1.64%. The market is highly volatile, please manage your risks accordingly.
Circle and Aleo blockchain have announced a collaboration to launch the privacy-enhanced stablecoin USDCx. This stablecoin will provide users with "bank-level privacy" protection, making transaction data invisible to the public while retaining compliance records for regulatory review.
Standard Chartered Bank stated in a report on Tuesday that it has halved its Bitcoin price forecast for 2025 to $100,000. At the same time, the bank postponed its long-term target of $500,000 to 2030, originally set for 2028. The bank's analyst Geoffrey Kendrick pointed out that this downgrade is due to a reassessment of demand expectations, including the end of aggressive corporate purchases by entities such as MicroStrategy, and slower-than-expected institutional adoption through ETFs. Kendrick said that future Bitcoin price increases will be "driven only by ETF purchases." Currently, quarterly Bitcoin ETF inflows have dropped to 50,000 BTC, the lowest level since the launch of the US spot Bitcoin ETF. In contrast, the quarterly purchases of ETFs and digital asset treasuries in Q4 2024 amount to 450,000 BTC.
according to Lookonchain monitoring, an address starting with 0x9D1c deposited 5748 ETH (approximately 17.89 million USD) to Kraken about 50 minutes ago. On-chain tracking shows that this batch of ETH originally came from the Ethereum Foundation.
as of 8 PM Eastern Time on December 7, BitMine's cryptocurrency holdings include: 3,864,951 ETH (an increase of 138,452 ETH compared to last week), valued at approximately $13.2 billion at current prices; 193 BTC, $36 million shares of EightcoHoldings (Nasdaq code: ORBS), and $1 billion in unsecured cash.
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