In the past 24 hours, the cryptocurrency market has cleared approximately $1.6 billion in positions, indicating increased market volatility and investors need to pay attention to risks. （Cointelegraph）
[US SEC to Host Cryptocurrency and Privacy Roundtable, May Evaluate Regulatory Weight] The U.S. Securities and Exchange Commission (SEC) will hold a roundtable on cryptocurrency, financial surveillance, and privacy on December 15, with participants including Zcash founder Zooko Wilcox from the cryptocurrency privacy project. Analysts suggest that the SEC may evaluate the regulatory weight of cryptocurrency privacy projects in its rule-making process during the meeting. If zero-knowledge proofs are deemed compliant, they may be incorporated into relevant regulations; however, if the meeting divides into two camps—'privacy rights' versus 'privacy enabling crime'—the SEC may continue to adopt a surveillance-focused framework, potentially triggering legal challenges from privacy advocates.
In the past 12 hours, the large transaction indicator shows that the main force has sold a total of $5.89 million without any buying actions, indicating a clear bearish intention. Especially after 20:00 last night, there were three consecutive large market sell orders exceeding one million US dollars, with the largest order reaching as high as $3.56 million, directly suppressing the price below $89000. Combined with the K-line pattern, a dual bearish signal of black three soldiers and top split appeared in the 16:00 cycle, further verifying the bearish direction of the main force. The current price is below the EMA24 and EMA52 moving averages, with medium to long-term trends under pressure, and trading volume continues to shrink, resulting in weak market buying. The large transaction indicator captures the main behavior in advance, helping you accurately predict the turning point of the market. Open a membership, grasp the main trends, and quickly lay out! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.
According to the popularity ranking, ZEC ranks first in popularity, while PIPPIN has the largest decline. The popularity ranking is as follows: ① ZEC （$337.20，-3.62%） ② ETH （$3030.05，0.01%） ③ PIPPIN （$0.1501，-45.62%） ④ BOB （$0.01810，-8.68%） ⑤ SOL （$131.72，-0.59%） PIPPIN's main funds have strong selling power, with a net outflow of $1.3679 million in 24 hours and a transaction volume of $2.013 billion in 24 hours, of which the main funds had a net outflow of $3.8879 million.
[Director of the U.S. National Economic Council Hassett Predicts a Golden Year for the Economy] Director of the U.S. National Economic Council Hassett stated that unless a 'black swan' event occurs, the U.S. will experience a golden year in its economic history. He mentioned that if the growth rate in the first and second quarters of next year is only 3%, it would be disappointing, and he believes the growth rate could easily increase by another percentage point. Hassett also predicted that Federal Reserve policymakers would lower interest rates at next week's meeting and noted that now is a good time for the Federal Reserve to cautiously cut rates.
[ZhuDi Holdings and Hong Kong Polytechnic University Establish Stablecoin Research Center] Hong Kong-listed company ZhuDi Holdings has invested HKD 1.7 million to establish a stablecoin research center with Hong Kong Polytechnic University. The center will focus on the development of regulatory-compliant stablecoins and real-world asset (RWA) tokenization. Its objectives include formulating an RWA framework aligned with Hong Kong's 'Stablecoin Bill' and 'Virtual Asset Policy Statement 2.0,' as well as promoting innovations in AI-driven tokenization and real-time asset valuation models.