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[White House Economic Council Director Hassett Says Government Shutdown Impact Exceeds Expectations] White House National Economic Council Director Hassett stated that the impact of the government shutdown is greater than expected.
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[White House Economic Council Director Hassett Says Government Shutdown Impact Exceeds Expectations] White House National Economic Council Director Hassett stated that the impact of the government shutdown is greater than expected.
Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 Today, the overall cryptocurrency market was under pressure, with Bitcoin (BTC) trading prices falling below approximately $92000, dragged down by PayFi and DeFi sectors. Within 24 hours, the total amount of positions liquidated reached $245 million (with long positions liquidated by $164 million). Nevertheless, institutional funds flowing into Solana spot ETF reached $4.59 million, indicating that some funds are still being deployed. 1. BTC rebound blocked: BTC rebounded above $94000 within the day (up 3.28%), but then fell back to around $92000. BTC experienced a cumulative drop of over $18000 in November, marking the largest monthly dollar loss since May 2021. 2. ETH upgrade benefits: Ethereum completes Fusaka upgrade, Layer 2 TVL surged 18% this week, and the price exceeded $3300. Whales aggressively purchased 120000 ETH, while BitMine increased its holdings of ETH worth $150 million. 3. BTC relies more on macro and institutional factors, while ETH benefits from ecological upgrading and tends to rebound in the short term (seasonal+oversold). However, if the FOMC becomes hawkish, the volatility will be amplified. Long term bullish, pay attention to the data on December 10th. If BTC stays at 86k and ETH stays at 2.8k, the probability of a strong rebound in December is high. Maintain position management. The recent trend of the market is basically in line with our expectations, and the control at the point level is also quite reasonable; Tonight we will talk about the trend and layout of the market, teach indicators, deviate from techniques, follow the live broadcast room, take you through bull and bear markets, welcome to interact. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
Edel Finance team suspected of transferring $175000 worth of EDEL to the exchange The blockchain analysis platform Bubblemaps posted on X platform that the Edel Finance team is suspected of continuously selling tokens. A team wallet address 0x4362 related to Sniper Trading transferred 4.3 million EDEL tokens worth $175000 to the recharge address of LBank exchange last night. Previously, Edel Finance's associated wallet was exposed for rushing to purchase 30% of the token supply, and its co-founder denied the allegations.
NVIDIA CEO Huang Renxun stated that Bitcoin is a form of energy storage. He is the CEO of the world's largest company by market capitalization. （Bitcoin Archive）
Analysis suggests that the next Federal Reserve Chairman will face multiple challenges On December 5th, the next chairman of the Federal Reserve under US President Trump will face multiple challenges, including dealing with cautious financial markets, complex economic indicators, factional struggles within the central bank, and Trump's strong demand for interest rate cuts. Trump is pushing for policies that could exacerbate inflation, while pressuring the Federal Reserve to announce victory over soaring prices and insisting on implementing tariff policies that have already pushed up commodity prices. In addition, the United States will engage in potentially high-risk trade negotiations with Canada and Mexico next year, which will test the theoretical foundation of the Federal Reserve. Regardless of who the final candidate is, including Hassett who is seen as the leader, they will face a difficult situation.
[User Suspected of Private Key Leak Due to Computer Virus, Losing $27 Million in Crypto Assets] SlowMist's Cosine posted on the X platform that user Babur suffered a theft of crypto assets, with total losses amounting to $27 million. The stolen assets involve the Solana address 91xu and the Ethereum Safe multisig address 0xD2, with the two largest assets valued at over $18 million. The hacker addresses are 71fM (Solana) and 0x4f (Ethereum), with some funds already bridged to the Ethereum network. The incident is suspected to have been caused by a computer virus, where the user ran a malicious file leading to the private key leak. The two signature private keys for the Safe multisig may have been stored on the infected computer.