Michael Saylor: Strategy may purchase up to 1.5 million bitcoins
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Michael Saylor stated in a CNBC livestream that his strategy may purchase up to 1.5 million bitcoins, accounting for 7% of the total bitcoin supply. (The Bitcoin Historian)
[UAE Sovereign Fund Al Warda Says Bitcoin is as Important as Gold]
The UAE sovereign wealth fund Al Warda stated that Bitcoin is 'playing an important role alongside gold' and expects to hold Bitcoin assets long-term, reflecting its strategic allocation approach.
[South Korean Regulators Consider Allowing Tech Giants to Issue Stablecoins]
On November 20, it was reported that the South Korean Financial Services Commission (FSC) is considering allowing non-financial industry companies to issue stablecoins. Some industry insiders have expressed concerns, believing that the entry of technologically advanced large fintech companies into the stablecoin market could weaken the competitiveness of banks, leading to technology-driven competition between banks and tech giants. South Korean President Lee Jae-myung had promised to open the stablecoin market to domestic participants before his election in June, but opposition from the Bank of Korea to granting issuance rights to non-financial companies has hindered the progress of this commitment.
[U.S. Stock Market Closes with Broad Decline in Crypto Sector, BMNR Drops Over 9%]
At the close of the U.S. stock market, the Dow Jones rose 0.1%, the S&P 500 Index rose 0.38%, and the Nasdaq Composite Index rose 0.59%. The crypto sector saw widespread declines, with BMNR down 9.6%, COIN down 1.72%, CRCL down 8.98%, and MSTR down 9.82%.
[One-Year and Five-Year LPR Unchanged for Six Consecutive Months]
The People's Bank of China announced that the one-year Loan Prime Rate (LPR) remains at 3%, and the five-year LPR remains at 3.5%, marking six consecutive months without adjustments.
On November 20, according to Onchain Lens monitoring, the ZEC short positions held by an account related to Roobet and Stake.com across four wallets have been fully liquidated, with total losses exceeding $10.4 million. The account opened a short position worth $16.75 million in ZEC on November 17, with a liquidation price of $757.