The U.S. Senate Banking Committee Advances the "Financial Transparency and Regulatory Compliance Act"

November 27th: QCP issued its daily analysis, indicating that Bitcoin is currently staying above $89,000. With the improvement of market risk sentiment, traders have raised the probability of a December rate cut to 85%. Nevertheless, macro signals remain mixed: inflation remains at a high level, while labor market data continues to weaken. The initial jobless claims and ADP nonfarm payroll data will be released later this week. The credit indicators for AI and tech stocks are flashing a yellow light, and the credit default swap (CDS) spreads are continuing to widen. Market concerns about Nvidia's soaring accounts receivable and inventory have intensified. Similar cautious signals are also being transmitted in the crypto market, with continuous outflows from Bitcoin spot ETFs. Market scrutiny of MicroStrategy's strategy has intensified once again as its massive Bitcoin holdings are approaching the breakeven level, and its stock is being considered for potential removal from the MSCI in

On November 27th, as per Chainwire, the AI-native re-staking and arbitrage execution protocol Nexton Solutions has successfully completed a $4 million strategic financing round. The round was led by the South Korean payment company Danal, with participation from Amber Group, Value Systems, Metalabs Ventures, Vista Labs, Outlier Ventures, Kaia Foundation, TON Foundation, STON.fi, PayProtocol, and others. Nexton Solutions is in the process of building a unified artificial intelligence execution layer to automate cross-chain yield generation through core components.

On November 27th, as per Decrypt's report, the Australian Treasury and the Department of Financial Services have presented the "2025 Corporations Act Amendment (Digital Assets Framework) Bill" to Parliament, thereby establishing the nation's first comprehensive regulatory framework for businesses that hold digital assets on behalf of clients. This bill introduces two new financial product categories: Digital Asset Exchange and Tokenization Custody Platform, both of which necessitate an Australian Financial Services License. The Digital Asset Exchange category encompasses operators who hold client crypto assets and provide facilities for transfers, trades, or staking; the Tokenization Custody Platform pertains to real-world assets such as bonds, real estate, and commodities. The platforms are required to comply with the Australian Securities and Investments Commission (ASIC) custody and settlement standards. Platforms where each client holds assets less than $5,000 and has an annual tr

November 27th. On-chain data analyst Murphy disclosed an analysis indicating that following a fierce panic sell-off, BTC witnessed a rebound. The market is focusing on the $99,000 historical fair price line, which represents the average premium of BTC in relation to its historical average buy-in price. During the transition phase between the previous two cycle bear-bull transformations, BTC rebounded several times after falling below the fair price line but failed to effectively regain it, ultimately entering a deep bear phase. The current selling pressure stems from two aspects. Firstly, the pressure from short-term trapped chips at high levels is forcing a capitulation exit, heightening the market's panic sentiment. A significant panic sell-off was observed on the 21st. Secondly, there is selling from long-term profit-taking chips. Even though BTC has retraced more than 30% from its high point, for most long-term holders, they still hold a considerable amount of unrealized gains.

On November 27th, as monitored by Farside Investors, the net inflow of the US Ethereum spot ETF yesterday was $60.8 million, indicating that it was the fourth consecutive day of net inflows. Among them, the net inflow of the BlackRock ETHA was $50.2 million.

On November 27th, as monitored by Farside Investors, yesterday the net inflow of the US Bitcoin spot ETF was $21.1 million, indicating that it was the second consecutive day of net inflow. Among them, the BlackRock IBIT had a net inflow of $42.8 million, while the FBTC had a net outflow of $33.3 million.