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1Bitget Daily Digest (Nov 26) | Kevin Hassett Emerges as Top Candidate for SEC Chair; Ethereum ETFs Record ~$104M Net Inflow in a Single Day; Texas Launches Bitcoin Reserve Program with First $5M IBIT Purchase2Strategy Pauses Bitcoin Purchases, Raising Market Concerns3Monad’s MON Token Jumps 46% After Early Slide Amid Market Slump
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- 22:47Franklin Templeton: Diversified crypto portfolio ETFs will be the next hot trendJinse Finance reported that the head of digital assets at Franklin Templeton expects that following this wave of single-asset ETFs, a series of diversified cryptocurrency portfolio ETFs will also emerge. The company launched an XRP ETF this week. According to Bloomberg, more than 100 new cryptocurrency ETFs are expected to be launched in the next six months.
- 22:17CryptoQuant: Large Bitcoin holders increased deposits to exchanges last weekJinse Finance reported that, according to on-chain analytics firm CryptoQuant, after bitcoin prices dropped to around $80,000 last week, large traders increased the amount of bitcoin sent to exchanges. On November 21, the total daily bitcoin inflow to exchanges reached 9,000 coins, with 45% coming from large deposits of 100 coins or more in a single transaction, marking a one-year high. Meanwhile, exchange deposit activity for ethereum and other altcoins also remained high, with the average single ethereum deposit rising to 41.7 coins, the highest in nearly three years. The daily number of altcoin deposits has remained elevated since July, peaking at 78,000 transactions on October 17, reflecting active exchange flows amid continued selling pressure in the market.
- 22:10JPMorgan expects the Federal Reserve to cut interest rates in December, overturning its forecast from a week ago.ChainCatcher news, according to Golden Ten Data, JPMorgan economists have changed their forecast and now believe that the Federal Reserve will begin cutting interest rates in December, reversing the bank's judgment from a week ago that policymakers would delay rate cuts until January next year. The research team stated that several key Federal Reserve officials have recently expressed support for rate cuts, prompting them to reassess the situation. Currently, JPMorgan expects the Federal Reserve to implement two 25 basis point rate cuts in December and January next year, respectively.