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Analysis: SEC's new guidance allows Crypto ETF issuers to expedite the effectiveness of their registration statement.

3 hours ago

On November 14th, Eric Balchunas, a senior ETF analyst at Bloomberg, posted, saying, "The U.S. Securities and Exchange Commission (SEC) has issued new guidance which seems to enable issuers to accelerate the effectiveness of their filings in order to quickly clear the backlog of pending projects." "I suppose those cryptocurrency ETFs that had not completed the 8a process previously will make every effort to expedite. Bitwise's XRP ETF should be next in line."
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In the past 24 hours, Circle has minted an additional 1 billion USDC coins.

On November 14th, as per the monitoring of OnchainLens, within the past 24 hours, Circle has created 1 billion USDC on the Solana network. Since the significant crash on October 11th, they have collectively minted 7.25 billion USDC on the Solana network.

8 minutes ago

Fed's Bowman: Further Rate Cuts Could Have lasting Impact on Inflation

On November 14th, the Federal Reserve's Schmieding stated that further rate cuts could have a lasting influence on inflation, and the Fed may also be adjusting its balance sheet portfolio towards short-term securities. The Fed could offer support for a smaller-sized balance sheet and relieve liquidity pressures by lowering the reserve interest rate and expanding the utilization of standing repo facilities. There is little basis to believe that reserve demand will steadily increase along with nominal GDP. (FX678)

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A certain well-known "Whale" address has leveraged 25x to long 25,000 ETH, currently sitting on over $2 million in unrealized gains

On November 14th, as monitored by lookonchain, the well-known gambler address (0x7B7b) of Roobet and Stake.com has shifted from being short to long. It has opened a 25x leverage long position with 25,000 ETH (approximately $78.63 million). Currently, it is sitting on an unrealized gain of $2.25 million. The opening price is $3,117.96 and the liquidation price is $3,063.08.

8 minutes ago

Ethereum Surges Above $3200

On November 14th, based on HTX market data, Ethereum rebounded and succeeded in breaking through $3200. The 24-hour decline was narrowed to 5.93%.

8 minutes ago

Bitcoin Surges Past $96,000

On November 14th, according to HTX market data, Bitcoin rebounded and surpassed $96,000. The 24-hour decline narrowed to 5.39%.

8 minutes ago

SOL Surges Above $140, BNB Surges Above $920

On November 14th, according to HTX market data, SOL rose above $140 and BNB rose above $920.

8 minutes ago