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The US crypto regulatory framework is undergoing a redistribution of authority, with clear divisions of responsibility between the CFTC and SEC: the SEC focuses on securities, while the CFTC is responsible for the spot market of digital commodities. The advancement of new bills and the arrangement of hearings indicate that the regulatory boundaries have been formally clarified in official documents for the first time. Summary generated by Mars AI. This summary is generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
A Ukrainian drone attack has caused the suspension of oil exports at Russia's Novorossiysk port, interrupting a daily supply of 2.2 million barrels. As a result, international oil prices surged by over 2%.
The twilight of financialization: when debt cycles can only create nominal growth.
Compared with the capital inflows into tech stocks and gold's sharp rebound after a plunge, bitcoin was a clear exception in Friday's market: it defied the trend by dropping 5%, hitting a six-month low, and has now declined for three consecutive weeks. This contrast highlights the unusual situation in the bitcoin market: even as it maintains a high correlation of 0.8 with the Nasdaq 100 Index, bitcoin exhibits an asymmetric pattern of "falling more on declines and rising less on rallies." Meanwhile, intensified whale sell-offs and concentrated selling by long-term holders are jointly suppressing bitcoin.
Doing these things is a prerequisite for a successful TGE.
- 08:06Nillion: Noticing abnormal fluctuations in NIL price, currently investigating external variablesChainCatcher News, Nillion officially stated regarding the abnormal price fluctuations of NIL that neither team tokens nor treasury tokens have been transferred, and all Nillion wallets remain completely secure. The network is operating normally and will not be affected in any way. External variables are being investigated, and the results will be announced as soon as possible.
- 08:00A whale sold 175 WBTC within 3 hours, earning over $3 million in profit.According to Jinse Finance, on-chain analyst Ai Yi monitored that an address sold 175 WBTC at an average price of $92,444.59 within the past 3 hours, with a total transaction amount of $16.177 million. This address had purchased these bitcoins at an average price of $74,746.46 between August and October 2024. Although the profit has retraced by more than $5.9 million compared to the market peak, this sale still yielded a profit of $3.097 million. Currently, the address still holds 491.84 WBTC.
- 08:00Trump urges Bessent to "persuade" Powell to lower interest rates as soon as possibleJinse Finance reported that at the US-Saudi Investment Forum held at the Kennedy Center on November 20, Trump stated in his speech that he wanted to fire Federal Reserve Chairman Jerome Powell, but Treasury Secretary Scott Besant prevented him. Trump urged Besant to "convince" Powell to lower interest rates as soon as possible, and threatened that if the Federal Reserve did not cut rates, he would fire Besant: "You have to convince him. The only thing Scott messed up was the Federal Reserve. Because the Fed's interest rates are too high, Scott. If you don't fix this soon, I'm going to fire you."