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

On November 25th, as monitored by lookonchain, a BlackRock IBIT address has just transferred 4,471 Bitcoins to Coinbase Prime (approximately $3.908 billion).

On November 25th, Bitcoin continued to rebound and reached around $88,000. The entire crypto market rose cautiously ahead of the release of a series of postponed U.S. macro data. This week, BTC has been fluctuating within the range of $85,000 to $89,150, continuing the upward trend of the weekend. The total market capitalization of cryptocurrencies has returned to around $3.07 trillion. Ethereum remained stable around $2,900. Solana rose by nearly 6% to around $136, supported by continuous rotational inflows into spot ETFs. However, the overall market sentiment remains cautious. Large-cap coins are leading the rebound, while mid-cap tokens continue to underperform after significant deleveraging last week. On Monday, ETF data once again showed differentiation: Bitcoin ETF saw a net outflow of $151 million in a single day, continuing the weeks-long trend of risk aversion; Ethereum ETF saw a net inflow of $97 million; Solana ETF saw a net inflow of $58 million; It is particularly not

On November 25th, based on CMC data, the forecasted nominal trading volume of the past week reached $2.45 billion, as detailed below: · Polymarket: $986.58 million; · Opinion Labs: $818.30 million; · Kalshi: $607.97 million; · Other platforms: $35.83 million.

On November 25th, Websea announced the official launch of the global public beta of the "Riding the Waves Together Plan" and upgraded the user invitation incentive mechanism. Participants can earn a commission of up to 45% through inviting friends and their own trading volume. They can also receive additional rewards by holding the platform's token WBS. The platform also launched the global recruitment of "Websea Ambassadors", which is open to all users without the need for a community foundation. Recipients will receive platform resources, event support, and related benefits. Websea stated that this upgrade is aimed at optimizing the user incentive system and encouraging more users to participate in the development of the platform's ecosystem.

November 25th. In a recent turn of events, the major US bank JPMorgan Chase closed the personal account of Jack Mallers, the CEO of the Bitcoin payment company Strike, which has reignited concerns in the US crypto industry regarding "debanking." Mallers took to Twitter on Sunday and shared that JPMorgan Chase had unexpectedly closed his personal account last month without providing any reasons. He wrote, "Last month, JPMorgan Chase kicked me out of the bank. Every time I inquired about the reason, they only said one thing: we can't disclose the reason to you." This incident has once again sparked worries about "Operation Chokepoint 2.0." Critics use this term to describe the government's pressure on banks to sever ties with crypto businesses. US Senator Cynthia Lummis posted on Twitter on Monday, stating, "Sadly, Operation Chokepoint 2.0 still exists." She pointed out that JPMorgan Chase's actions are undermining public confidence in the traditional banking system and driving the cr

On November 25th, a participant in a crypto airdrop repeatedly submitted failed transactions on the blockchain. Eventually, they burned all of their more than $112,000 worth of MON airdrop tokens as they spent it all on gas fees for the failed transactions. The wallet address '0x7f4' originally received approximately $112,700 worth of Monad (MON) tokens for participating in the Monad ecosystem. However, in subsequent actions, this player submitted hundreds of failed on-chain transactions. It should be noted that even failed transactions incur gas fees. As a result, they spent all of the airdrop reward. On-chain evidence shows that the wallet owner may have used a script to send a large number of transactions in a short period of time. They did not realize that the initial transactions had already failed, which led to all subsequent transactions failing and continuously burning gas. Therefore, before making a large transfer, it is advisable to conduct "small amount test transactions"