Today, the panic and greed index rose to 66, still in a 'greedy state'

2025-01-01 02:01

According to data from Alternative. me, the cryptocurrency panic and greed index rose to 66 today (compared to 64 yesterday), indicating that the market is still in a "greedy state".

24/7 Flashes

More >

Today 2025-01-04

00:15

FTX officially announced that its bankruptcy plan has taken effect, and the first batch of compensation is expected to be made within 60 days

00:12

The US FDIC does not encourage member banks to use public blockchains such as Ethereum

According to Decrypt, based on uncensored documents obtained by Coinbase, Bank of America attempted to provide customers with services based on public blockchain networks, but appeared to be discouraged by the Federal Deposit Insurance Corporation. This disclosure stems from a large amount of uncensored encrypted communications between the FDIC and member banks. Coinbase, a cryptocurrency exchange based in San Francisco, obtained these documents through the Freedom of Information Act (FOIA). Last month, Coinbase obtained a large number of abridged versions of 23 such letters. Due to the court order, the contents of these letters (as well as two new letters) were (almost) fully disclosed today. One of the letters was sent by the FDIC New York office to a member bank in March 2022, detailing how the federal agency learned of the bank's plan to launch a "bank digital deposit" program running on a public blockchain. The name of this public blockchain has not yet been made public. In the letter, the FDIC seems to express dissatisfaction with banks choosing to use public blockchain instead of private licensed networks. Blockchains such as Ethereum and Solana are decentralized and permissionless, which means their activities are completely public and cannot be overridden by third-party human administrators. In contrast, private blockchain networks, such as those used by nation states to issue central bank digital currencies, impose restrictions on who can use them and for what purposes. The FDIC clearly does not approve of member banks launching products on a universal and fully transparent network. The regulatory agency instructed in a letter in March 2022 that New York banks must undergo a new detailed review process before launching any products on the public blockchain. Other disclosed letters indicate that the FDIC has ordered member banks to cease implementing services related to Bitcoin buying and selling. The unedited portion of the same letter from last month showed that the FDIC instructed member banks to 'suspend all activities related to cryptocurrency assets'.

00:00

AICoin Focus: Daily Hotspot Selection (January 4th)

1. Mike Johnson, supported by Trump, has been re elected as Speaker of the House, and members of Congress who support cryptocurrency legislation may push for related legislation in 2025. 2. South Korean exchange chairman Jung Eun bo has expressed interest in launching cryptocurrency based ETFs this year, which could mark a shift in South Korea's stance on cryptocurrency. 3. Nearly 400 million DOGEs have been transferred from Binance to an unknown wallet, indicating a significant amount of fund transfer. 4. Federal Reserve's Barkin stated that there is a growing recognition that long-term interest rates may not decrease significantly as previously hoped. 5. The CEO of Bitstamp predicts that cryptocurrency will strengthen and gain global recognition by 2025. 6. BlackRock's IBIT spot Bitcoin ETF had a net outflow of $332.6 million on Thursday, marking the largest daily outflow since its launch a year ago. 7. At the close of the US stock market, the Nasdaq rose 1.77%, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 index rose 1.26%. 8. At the opening of the US stock market, the Dow Jones Industrial Average rose 208 points, the Nasdaq rose 119 points, and the S&P 500 index rose 0.51%. 9. In the past 24 hours, the total liquidation amount of contracts across the entire network was 218 million US dollars, and short positions were liquidated by 142 million US dollars. 10. Coinbase has acquired BUX's Cyprus subsidiary and is suspected of entering the field of differential contracts. 11. The Federal Reserve maintains interest rates unchanged, and the committee consensus is gradually approaching a rate cut. 12. The CEO of Ripple stated that today we are welcoming the 'most cryptocurrency supportive Congress in history'. 13. Grayscale transferred 700 BTC worth $67.94 million to an unknown address. 14. Pre market cryptocurrency related stocks in the US stock market opened flat, with MicroStrategy falling 0.5%. 15. OKX Ventures announces investment in the liquidity pledge agreement on Sui, Haedal. 16. Tether and Circle had a total on chain revenue of $664 million in December 2024, dominating the stablecoin market. The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/437468

News.yestory 2025-01-03

23:45

Ripple 首席执行官表示，今天我们迎来了“历史上最支持加密货币的国会”。(Watcher.Guru)