Upbit will launch BFC Korean won and USDT trading pairs

The CEO of Coinbase stated that even if the Clarity Act fails to pass, progress will still be made in regulating cryptocurrency in the United States. （Watcher.Guru）

Morgan Stanley has rated Coinbase Global Inc.'s Class A stock for the first time, giving it a neutral rating with a target price of $250.

In the past week, Bitcoin Whale has held approximately 5.23 million BTC, with its holdings remaining almost unchanged. The market is observing the upcoming release of CPI data and FOMC meeting. AI interpretation: The market is currently in an extremely sensitive wait-and-see period, with all funds waiting for the final guidance of inflation data and interest rate decisions. The CPI data will directly determine the subsequent monetary policy path of the Federal Reserve, while the FOMC meeting will specify the time span for maintaining high interest rates. This macro level uncertainty has suppressed the volatility of the cryptocurrency market, leading to Whale choosing to remain inactive to avoid potential policy shocks. Once the key data is implemented, the market will quickly break the current horizontal deadlock and choose a clear direction.

A certain whale extracted approximately $462 million worth of Bitcoin from Coinbase nearly two years ago, and made a profit of approximately $315 million during its holding period. In July of this year, it incurred a loss of approximately $100 million. Since August, a giant whale has transferred approximately $82 million worth of Bitcoin to Kraken and currently holds approximately $418 million worth of Bitcoin, with a profit of approximately $40 million.

Elon Musk's Boring Company has completed a $3 billion Series D financing, with a valuation of $23 billion. The Boring Company will deploy a large amount of underground infrastructure across the UAE, including over 150 kilometers of tunnels.