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The recent decline in bitcoin prices is primarily driven by expectations of a rate hike by the Bank of Japan, uncertainty regarding the US Federal Reserve's rate cut trajectory, and systemic de-risking by market participants. Japan's potential rate hike may trigger the unwinding of global arbitrage trades, leading to a sell-off in risk assets. At the same time, increased uncertainty over US rate cuts has intensified market volatility. In addition, selling by long-term holders, miners, and market makers has further amplified the price drop. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
The crypto industry is replacing Wall Street's privileged status within the American right-wing camp.
The market is transitioning from an emotion-driven cycle of speculation to a phase of structural differentiation driven by regulatory channels, long-term capital, and fundamental-based pricing.
The market is down again, but this may not be a good buying opportunity this time.
SCOR announced today a major strategic partnership with creative director, cultural icon, and CLOT founder Edison Chen.
- 09:16Anchorage Digital acquires cryptocurrency platform Securitize For AdvisorsAccording to Odaily, crypto bank Anchorage Digital has announced the acquisition of Securitize For Advisors, a cryptocurrency platform for Registered Investment Advisors (RIA), from Securitize. The specific financial details of this acquisition have not been disclosed. Currently, Anchorage Digital Bank already custodies 99% of Securitize For Advisors' client assets. (CoinDesk)
- 09:13Market Analysis: The US Dollar and US Treasury Yields Are the Main Drivers of Gold Prices This WeekAccording to Jinse Finance, analyst Fawad Razaqzada stated that this week’s gold trend will mainly depend on U.S. Treasury yields and the U.S. dollar exchange rate. “If bond prices fall further, or yields rise, it could put pressure on low-yield and zero-yield assets such as gold,” he said. Meanwhile, “if the U.S. dollar rebounds this week (with a dense schedule of data releases and speeches by Federal Reserve officials), gold may lose some of its appeal.” Last week, the U.S. dollar came under pressure as the Federal Reserve left the door open for further rate cuts next year. Currently, the market’s focus is on Tuesday’s release of the November non-farm payroll report and Thursday’s consumer price data.
- 09:13The whale "pension-usdt.eth" has made 11 consecutive winning trades in the past 7 days, with total profits exceeding $25 million.According to Odaily, monitoring by Lookonchain shows that the whale "pension-usdt.eth" has just closed a profitable BTC short position, earning a total profit of $1.75 million from the last two trades. This whale has achieved 11 consecutive winning trades in the past 7 days, with total profits exceeding $25 million on the HyperLiquid platform.