OKX Connect now supports Cosmos based Sei networks

On November 14th, the Secretary for Financial Services and the Treasury of Hong Kong, Patrick Hui, delivered a speech at the Legislative Council meeting on the second session of the motion of thanks for the Chief Executive's 2024 Policy Address. He stated that in promoting artificial intelligence, we issued a policy statement at the just held Hong Kong Fintech Week 2024, elaborating on our policy stance and guidelines for the responsible application of artificial intelligence in the financial market. We will submit a bill to the Legislative Council this year to regulate issuers of fiat stablecoins for the sustainable development of virtual assets. We are also adjusting our proposals for regulating off exchange trading services for virtual assets, with the goal of completing the second round of public consultation next year and submitting a proposed licensing system for regulating virtual asset custody service providers.

Under the 45 minute custom cycle, BTC is hovering within the critical range of $87190~$88920. Please pay close attention to: Pressure zone: $88640~$88920, suppressed by EMA24 and EMA52 moving averages Support zone: $87190~$87885, supported by the 23.6% retracement of the chip peak and Fibonacci retracement level At present, the support zone is taking effect, and the MACD volume can rebound. If it continues to stabilize, we can combine the "anti-counterfeiting strategy" to pay attention to the breakthrough of the pressure zone: https://www.aicoin.com/link/script-share/details?shareHash=l3P2876OdlgPWxdZ . The recent market fluctuations have been severe, please take risk control measures. Strategies and data are for reference only and do not constitute any investment advice!

HTX-BTC perpetual contract is now reported at $87431.1. According to market contract position analysis, the main force has strong confidence in the future and the price is expected to rise. Please hold positions reasonably and control risks

According to Lookonchain monitoring, 7 hours ago, a clever whale sold 850000 WIFs for 15987 SOLs ($3.4 million), leaving 50000 WIFs ($175000). The total profit from its WIF transactions is approximately 7.5 million US dollars. This giant whale also spent 3800 SOLs ($801000) to purchase 1.74 million Pnuts ($2.87 million), with a current unrealized profit of $2.07 million (peak of $3.4 million).

According to a report by Golden Finance, Nate Geraci, President of The ETF Store, stated on X platform that investment giant Vanguard will eventually make concessions to offer spot Bitcoin (BTC) and Ethereum (ETH) exchange traded fund services on its brokerage platform. The company has so far refused to add cryptocurrency products and publicly stated earlier this year that adding cryptocurrency products to its long-term investment portfolio has no value. Bloomberg ETF analyst James Seyfart agrees with this view and asked when Vanguard Group would "surrender". Nate Geraci replied, "It will definitely happen next year as long as BTC doesn't collapse by then.