Binance founder Zhao Changpeng suggests that national leaders purchase Bitcoin as soon as possible
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Binance founder Zhao Changpeng said he is telling national leaders that if they don't buy Bitcoin now, they may need to buy it at a price of $50 million per coin in the future. （The Bitcoin Historian）
[Fidelity CEO: Wall Street Will Be Forced to Embrace Blockchain Technology]
Fidelity Investments CEO Abigail Johnson stated that the traditional financial system is built on a complex network of reconciliation processes based on 'primitive technology.' Johnson pointed out that while blockchain will eventually replace existing systems, the transformation requires the push of competitive pressure and regulatory standards. Fidelity has been betting on blockchain since 2013, with its Bitcoin ETF reaching a scale of $20 billion, second only to BlackRock. Johnson firmly believes that competition and regulation will ultimately force traditional financial institutions to adopt new technology.
[A Whale Sells 2,136 ETH for a Profit of $83,000, Still Holding 7,290 ETH]
A whale that previously bought ETH at $3,027 sold 2,136 ETH (approximately $6.55 million) at an average price of $3,066.4 over the past 2 hours, making a profit of $83,000. This whale and its associated addresses still hold 7,290 ETH, with a total value of $22.61 million.
[SEC Chairman Paul Atkins Says U.S. Markets Will Be Fully On-Chain Within Two Years]
Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated in a live interview with Fox News that U.S. markets will be fully on-chain within two years.
[Macron: U.S. Relaxation of Crypto Regulations Could Trigger Financial Turmoil]
French President Macron stated that the increasingly lax regulations in the U.S. crypto sector could lead to financial turmoil. Macron pointed out that if the U.S. allows cryptocurrencies to develop too freely, as stablecoins are often backed by U.S. dollar assets, it could create global spillover risks. Additionally, Macron called on the European Central Bank (ECB) to reshape monetary policy to address emerging financial risks.
[Trump says Netflix's acquisition of Warner may trigger antitrust issues, involving a value of $82.7 billion]
U.S. President Trump expressed concerns on December 7 local time about Netflix's acquisition of Warner Bros. Discovery, stating that the market share of the merged entity could raise 'antitrust issues.' Netflix announced on the 5th that it would acquire the core business of Warner Bros. Discovery at $27.75 per share, involving a total enterprise value of $82.7 billion, including an equity value of $72 billion.