, not just the price itself. The overall positions of ETH and BTC have retreated to a low range, and a similar light-position pattern earlier this year pushed prices up by about 38% within a few days. In the current “position vacuum” environment, any new exposure may cause price increases to outpace most traders' expectations. Meanwhile, Ethereum's recent major upgrade has fundamentally changed its economic structure, but the market's reaction remains relatively conservative. During the last round of upgrades, Ethereum rallied strongly due to multiple favorable factors, but whether this will r

Matt Savarese stated that the exchange has prioritized the SEC approval of its tokenization stock plan and aims to "accelerate the process as much as possible." The proposal was submitted on September 8, aiming to allow investors to trade tokenized assets based on publicly listed company shares on the Nasdaq platform. Savarese emphasized that Nasdaq is not trying to "disrupt the existing system," but rather hopes to promote tokenized assets to mainstream in a "responsible and investor-oriented" manner within the SEC regulatory framework. He mentioned that the plan will continue to be refined b

According to the latest research from the on-chain analysis platform CryptoQuant, despite the recent pullback in the crypto market, the supply of ERC-20 stablecoins remains at a historical high of $185 billion, which is seen as a classic bullish signal for the continued rise of the crypto market. CryptoQuant contributor XWIN Research Japan stated that the total supply of ERC-20 stablecoins on the Ethereum network reached a historical high of $185 billion in 2025 and continues to hover around this level this month. The study suggests that the growth of stablecoin supply is more consistent than

According to a Reuters columnist, if concerns about excessive optimism regarding artificial intelligence continue to escalate and turn recent market volatility into more severe turbulence, the financial stability risks triggered by a sharp decline in asset prices could force the Federal Reserve to cut interest rates. Of course, this is not the baseline scenario. Traditionally, unless there is a liquidity crunch or market dysfunction, the Fed does not step in to soothe the markets. Although market sentiment and performance have clearly worsened, the situation is still far from a crisis, especia

Mars Finance News: U.S. President Trump recently posted on social media: “Although the United States has gained massive funds—hundreds of billions of dollars in revenue—by imposing tariffs on other countries, the full benefits of tariffs have not yet been fully calculated, because many buyers of goods and products, in order to avoid paying tariffs in the short term, have been stockpiling inventory far beyond their usage. However, these large inventories are now gradually being depleted, and soon, tariffs will inevitably apply to all items they cover, and the amount payable to the United States

On November 21, according to Cryptopolitan, former U.S. federal prosecutor Danielle Sassoon firmly denied having ever promised immunity to Michelle Bond, partner of former FTX executive Ryan Salame, during a high-stakes evidentiary hearing at the Manhattan federal court. The hearing revealed that Sassoon testified regarding the guilty plea of Ryan Salame, former co-CEO of FTX Digital Markets, who was sentenced to more than seven years in prison due to his plea. Further scrutiny of the former FTX executive and his then-girlfriend Michelle Bond has led Sassoon to face allegations related to camp

Former U.S. Commerce Secretary: Trump's tariffs are likely to persist after his term ends.
Odaily Planet Daily reported that former U.S. Commerce Secretary Raimondo stated that the tariff policies implemented by Trump are likely to continue after his term ends, as lawmakers are concerned that removing these protectionist barriers could alienate workers worried about job outsourcing and being replaced by artificial intelligence. Raimondo said that regardless of which party is in power in the future, the political cost of removing tariffs is too high. "Once tariffs are imposed, they are very

Mastercard selects Polygon to introduce verified username feature for self-hosted wallet.
Fire News Finance reported on November 18 that Mastercard has chosen Polygon to support its new system, which allows users to send cryptocurrency to verified usernames without the need to use lengthy wallet addresses. Mastercard's crypto credentials standardize blockchain address verification by enabling readable aliases. The cryptocurrency payment API company Mercuryo is responsible for validating and issuing these aliases, which users can associate with their hosted wallet. This transfer method is s

Trump Group plans to collaborate with Saudi partners to create a tokenized resort in the Maldives.
Odaily Planet Daily News: The Trump Group is working with Saudi partner DarGlobal Plc to advance the development of a luxury resort in the Maldives and plans to tokenize the project. In a joint statement, both parties indicated that the proposed Trump International Hotel Maldives project will include 80 ultra-luxurious beachfront and overwater villas, developed jointly by the Trump Group and DarGlobal. The resort is expected to open by the end of 2028, approximately a 25-minute speedboat ride fro

On November 14, news came that trader Eugene Ng Ah Sio posted on his personal channel, stating that Bitcoin has fallen below 100,000 for two main reasons. First, the current cycle's long positions maintained the last line of defense for the bull run structure, and now the 50-week moving average trend has officially been broken, which is the first occurrence since 2022. Second, 100,000 is a very strong psychological level, which has previously held up 3 to 4 times, but has finally been broken this time. It will become a new resistance level for the upcoming pump. Therefore, Eugene mentioned

On November 12, according to the Golden Ten data, Goldman Sachs economists Elsie Peng and Ronnie Walker said in a report that due to the shutdown of the U.S. federal government, the release of almost all federal economic data in September and October was postponed. Assuming the U.S. government shutdown ends at the end of this week, Goldman Sachs expects the U.S. Bureau of Labor Statistics to release October employment data early next week ((Tuesday or Wednesday ). However, the release of other major data is expected to be delayed further, including the November jobs report and the inflation re

On November 9, news reported by Jin10 states that Yuxin Technology recently mentioned at a brokerage strategy meeting that there is a strong demand for system upgrades from traditional overseas financial institutions. At the same time, the rapid proliferation of emerging technologies such as AI in many developing countries overseas is giving birth to entirely new financial service models. Some financial institutions hope to directly utilize new technologies to empower business development, entering mobile payment, digital currency payment, and online credit systems directly. In the Indonesian

On November 7, news came that cryptocurrency has erased almost all of this year's market capitalization gains in just over a month, according to Bloomberg. Data from CoinGecko shows that on October 6, the total market capitalization of all cryptocurrencies reached a record nearly $4.4 trillion, but has since fallen by 20%, leaving this asset class with a gain of only 2.5% so far this year. This market downturn began just days after hitting an all-time high, when approximately $19 billion in leveraged positions were suddenly closed, severely undermining market confidence, and traders have s

:The Fed is highly likely to restart balance sheet expansion before the end of the year.
Odaily Planet Daily reported that Joseph Wang, who previously worked as a trader in the New York Fed's open market department and is now active on YouTube under the name The Fed Guy, believes that after three years of balance sheet reduction, the Fed is highly likely to restart balance sheet expansion before the end of the year. He does not agree with the viewpoint of some investors that this move is to prevent a collapse in risk asset prices, maintain low treasury yields, or even to avoid a liquidity

Kraken allows encryption assets to be used as derivation collateral in the EU.
Odaily Planet Daily reported that the cryptocurrency exchange Kraken announced that European traders can now use cryptocurrency assets as collateral through its MiFID-regulated derivation platform. This move expands Kraken's business scope in the EU, as the platform previously only supported fiat collateral. Kraken has obtained a MiCA license issued by the Central Bank of Ireland and has been approved by the Cypriot MiFID entity and the UK's Financial Conduct Authority ( FCA ) for its multilateral trading fa

On November 2, news came that the U.S. SEC granted a temporary exemption for several compliance dates of the National Market System Rules (RegulationNMS) on October 31. This exemption provides a precedent for exchanges, stating that enforcement actions should be paused when rules are in flux and regulators cannot provide clear guidance, until the regulators establish actionable standards. The announcement mentioned funding interruptions and the need to 'facilitate orderly market operations' after the court denied the application for a stay. Crypto asset exchanges like Coinbase, Kraken,

Analyst Murphy posted on the x platform, stating that the concentration of chips within a 5% range of the current BTC spot price has risen to 17.6%, reaching the highest level in nearly two years. This indicates that the chip structure is tightening rapidly, and after energy accumulation, a potential significant fluctuation is imminent. On September 30, the concentration of chips within a 5% range of the BTC spot price rose to 15%, shortly before BTC experienced a strong rebound that broke through the historical high. From the performance of this data over the past two years, there have been 8

On October 30, news reported by Hong Kong Wen Wei Po stated that the chairman of the Hong Kong Securities and Futures Commission, Huang Tianyou, said yesterday that there are currently no regulations in Hong Kong governing listed companies' participation in investing in Crypto Assets. The commission will monitor market conditions and study the provision of relevant guidelines for the market. Huang Tianyou added that there are currently no laws in Hong Kong to regulate listed companies' participation in virtual asset treasury arrangements. For listed companies claiming to adopt digital

Seven Democratic senators from the United States sent an open letter to Attorney General Pam Bondi and the Department of Justice, demanding an explanation for President Trump’s pardon decision regarding Binance co-founder CZ. The senators accused this pardon of sending a signal to the Crypto Assets industry that "it is permissible to commit crimes without consequences," and questioned the financial ties between Trump and Binance. The letter mentioned that Trump's family's Decentralized Finance platform, WorldLiberty Financial, has business dealings with Binance, and reports have indica

On October 28, according to DLNews, the stablecoin USD1 associated with US President Trump is deepening its connection with Decentralized Finance (DeFi). On Monday, the cross-chain deployment provider Enso announced that USD1 is the latest project to adopt its tech stack. Enso’s technology allows crypto projects to easily deploy across different blockchains. Enso founder Connor Howe stated that this will "make DeFi more attractive to major participants, including institutions, enabling them to leverage depth liquidity and optimal pricing." According to the announcement, Enso’s goal is to "make