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November saw Bitcoin's record highs alongside impressive gains from altcoins like Virtual, Pyth Network, and Raydium.
Shiba Inu (SHIB) outflows and holder stability signal potential gains. Could SHIB reach $0.000030?
Cardano’s 27% surge has moved 88% of ADA’s circulating supply into profit, creating a sell-off risk. If profit-taking prevails, ADA may test support at $0.93.
DRW Holdings' crypto arm, Cumberland, was recently accused by the SEC of operating as an unregistered securities dealer.
Tether cited evolving regulatory frameworks in Europe as a reason for ending EURT support.
Crypto miners in the nation will soon have to pay taxes of 13% or 15% on their annual revenues
After Gary Gensler's resignation in January 2025, Atkins will become the SEC chairman, which means that U.S. cryptocurrency regulation may help promote innovation rather than hinder it.
- 02:57Someone Earning $15 Million in Smart Money is Shorting ETH, BTC, AVAX, SOL, and USUALAccording to a report by Jinse Finance, monitored by the on-chain analysis platform Lookonchain (@lookonchain), a smart money that made a profit of $15 million on Hyperliquid is shorting ETH, BTC, AVAX, SOL, and USUAL. It has placed 100 limit orders to continuously short ETH at prices ranging from $2,460 to $2,480.
- 02:57U.S. Treasury Secretary Besent to Attend G7 Finance Leaders Meeting, Focus on Trade IssuesAccording to a report by Jinse Finance, a spokesperson for the U.S. Treasury Department stated on Sunday that U.S. Treasury Secretary Besent will attend the G7 finance leaders' meeting in Canada this Tuesday. He will seek to refocus the G7 on addressing trade imbalances and non-market economic behaviors. The Treasury Department spokesperson mentioned that Besent will also discuss with these officials how to achieve more growth driven by the private sector. Besent has also vowed to "re-privatize" the U.S. economy by cutting government spending and regulation, believing that the U.S. economy is overly reliant on the public sector for growth. Besent first had face-to-face discussions with G7 finance leaders on the sidelines of the International Monetary Fund (IMF) and World Bank meetings in April, but no joint statement was issued. (Jin10)
- 02:56Divergence in Crypto Market Trends as Bitcoin Challenges New Highs and Altcoin Season Index Drops to 24According to a report by Jinse Finance on May 19, data from Coinmarketcap shows a divergence in the crypto market trends. While Bitcoin is challenging new highs, the Altcoin Season Index has dropped from a recent high of 43 to 24. The Altcoin Index has been on a downward trend since reaching an annual high of 87 on December 4, 2024, falling to a low of 13, and after a rebound to 43 in May, it has declined again.