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Bitcoin has recently plummeted by 28.57%, leading to market panic and a liquidity crunch. However, long-term structural positives are converging, including expectations of Federal Reserve rate cuts and SEC regulatory reforms. The market currently faces a contradiction between short-term pressures and long-term benefits. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.
The Stable public blockchain has launched its mainnet. As a project associated with Tether, it has attracted significant attention but performed poorly in the market, with its price plummeting by 60% and facing a crisis of confidence. It is also confronted with fierce competition and challenges related to its tokenomics. Summary generated by Mars AI. The accuracy and completeness of the content are still being iteratively updated.
We are undergoing a “purification” that the market needs, which will make the crypto ecosystem better than ever before, potentially improving it tenfold.
🌟🌟Core Data on ETH Staking🌟🌟 1️⃣ Ebunker Ethereum staking annual yield: 3.27% 2️⃣ stET...
- 00:46US SEC Chair hints at swiftly advancing key crypto regulatory agenda at the start of the new year, saying "the best is yet to come"According to ChainCatcher, as reported by The Block, Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated that as the agency faces a series of new year cryptocurrency policy priorities: "The best is yet to come. In the coming year, all the seeds we have sown will begin to sprout and grow, and by then we will be able to reap the fruits." Atkins has set an ambitious agenda aimed at clarifying the agency's stance on cryptocurrencies. Atkins revealed that one of the top priorities for the new year will be the "innovation exemption" for crypto and fintech projects—a conditional and time-limited regulatory relief framework designed to reduce compliance costs and encourage innovation. He said he hopes to officially launch this framework around the end of January. Regarding the issue of token classification, he turned his attention to Capitol Hill. Lawmakers are working to advance a comprehensive bill to regulate cryptocurrencies, with one of the core issues being to clarify the jurisdictional boundaries between the SEC and the Commodity Futures Trading Commission. Previous reports indicated that the Senate is making every effort to push the bill forward, hoping to pass a key review by the Senate Banking Committee before the end of the year, but negotiations do not seem to be progressing smoothly at the moment. Atkins said: "We will wait and see what legislative results Congress will deliver at that time."
- 00:32Bankr co-founder: Bankr Swap will be launched soon, initially supporting the Base chainJinse Finance reported that Bankr co-founder deployer announced on the X platform that Bankr Swap will soon be launched—a standalone swap trading interface and mini app that allows users to create complex on-chain trading orders through any external wallet. Initially, we will support the Base chain and will quickly expand to more public chains. Supported order types include: limit orders, stop (trailing) orders, dollar-cost averaging orders, and time-weighted average price orders.
- 00:27Magic Eden launches public mint for Doopies NFT, with a total supply of 20,000Jinse Finance reported that the NFT marketplace Magic Eden has announced the public minting of the Doopies NFT series, with a total public sale supply of 20,000 pieces and a mint price of 1 SOL. The current minting progress is 36.5%. Doopies is an official Web3 companion series launched by Doodles, featuring 25,000 hand-drawn NFTs on the Solana platform. Each Doopie belongs to one of 54 unique species, combining Doodles' signature soft color palette aesthetic with novel designs from thousands of trait combinations.