Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
on the 6th local time, Han Dongxun, the leader of the ruling party, the National Power Party in South Korea, stated that during the meeting with South Korean President Yin Xiyue that day, he did not obtain any reason to overturn his previous views. Han Dongxun will continue to demand that Yin Xiyue stop performing presidential duties. (Jinshi)
According to a report from Bloomberg on December 6th, US President-elect Donald Trump will appoint David O. Sacks as the "Crypto Czar" to lead US policies and regulatory affairs in the field of cryptocurrency. Sacks is a well-known Silicon Valley investor and also a supporter of blockchain technology.
Citi GPS has released a report titled "Financials 2030" exploring the future development direction of corporate finance functions. A survey found that 93% of surveyed financial executives believe that there will be significant changes in corporate finance functions in the next three to five years, but more than half of them are unsure of what these changes will be.
Bitcoin has been rising all the way, breaking through the $100,000 mark. A large part of the demand driving the rise in Bitcoin prices has recently flowed into Bitcoin ETFs. Jay Jacobs, head of thematic and active ETFs in the United States at BlackRock, said that since its launch in January of this year, the value of the IBIT ETF has grown to over $45 billion, and its value has increased by $4.1 billion in just the past month. Jacobs said that in addition to candidates who are more friendly to cryptocurrencies winning in elections, an increasing number of investors from different wealth levels are beginning to see Bitcoin as a tool to hedge against geopolitical risks and currency depreciation caused by inflation. As ETFs become an easy way for investors to understand Bitcoin price trends, mainstream interest in cryptocurrencies reaching a critical point is only a matter of time. (Jinse)
President-elect Donald Trump has made a series of appointments, including Peter Navarro as senior counselor for trade and manufacturing, Paul Atkins as commissioner of the Securities and Exchange Commission, and former Rep. Billy Long as the Internal Revenue Service's commissioner. Trump has chosen people for most Senate-confirmed Cabinet-level jobs, as well as key roles that don't require confirmation. However, he is reportedly considering replacing Defense Secretary nominee Pete Hegseth amid allegations of public drunkenness and sexual misconduct.
According to FOX Business reporter Eleanor Terrett, CFTC Commissioner Caroline D. Pham is one of the candidates for the new CFTC chairman. Under the leadership of the new leadership, the suspension of enforcement actions during the Biden era has been put on the agenda.
According to a report, Matrixport has released a chart today stating that Grayscale has submitted an application to convert Solana Trust into a spot ETF. Although the current asset management scale of the product is relatively small at $134 million, if approved, it will set an important market precedent for other ETF issuers. It is important to note that Solana's financing rate is currently as high as 70% annualized, which creates significant pressure on leveraged long positions. Historical experience shows that similar high financing rates are often related to price corrections, as was the case in March of this year when the SOL-USDT price fell under similar financing rate backgrounds.
Japanese Prime Minister Shizuo Shima expressed caution about the unified 20% separate taxation rule for cryptocurrency in a representative issue at a plenary session of the House of Representatives. "Is it appropriate to encourage investment in cryptocurrency such as stocks and investment trusts that have investor protection regulations? Will the public understand the idea of applying separate self-assessment taxation? There are several issues that need to be resolved. We need to consider it carefully." At the same time, "whether cryptocurrency should be included in ETFs depends on whether cryptocurrency is an asset that needs to be made more easily accessible to the public."
According to multiple media reports on December 4th, the ruling party of South Korea, the National Power Party, held an emergency meeting to discuss the measures to be taken after President Yoon Seok-yeol announced the lifting of martial law. Several attendees stated that they had reached a certain consensus on issues such as demanding Yoon Seok-yeol's resignation from the party, the resignation of the entire cabinet, and the dismissal of the Minister of Defense. Prior to this, Han Dong-hoon, a representative of the ruling party, stated that the president's decision to declare a state of emergency was wrong.
Golden Finance reported that the market shows ETH has fallen below $2,600 and is currently trading at $2,597.2, with a 24-hour decline of 1.75%. The market is fluctuating greatly, so please be prepared for risk control.
All Comments