1. Musk: The stable inflation rate of DOGE is not a bug, but a feature. 2. Former SEC Chairman: Cryptocurrency legislation may come under Trump

JIN10
2024.11.14 02:48
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Elon Musk stated that the stable inflation rate of DOGE is its feature. The former SEC chairman predicts that cryptocurrency legislation may be introduced during Trump's administration. The U.S. Senate will be led by John Thune, who supports cryptocurrency legislation, as the majority leader. Matrixport reports that Bitcoin trading volume has reached a new high of $145 billion, with retail investors returning to the market. The options market shows that traders are scrambling to buy $100,000 Bitcoin call options. Galaxy Digital CEO expressed skepticism about Trump's proposal for a Bitcoin strategic reserve. Coincheck is expected to go public on Nasdaq in December, and Russia has approved a cryptocurrency tax framework

  1. Musk: The stable inflation rate of DOGE is not a bug, but a feature.

  2. Former SEC Chairman: Cryptocurrency legislation may be introduced during Trump's administration.

  3. The majority leader of the U.S. Senate next year will be Senator John Thune, who supports cryptocurrency legislation.

  4. Matrixport: Bitcoin trading volume hits a new high of $145 billion, retail investors are returning to the crypto market.

  5. Options market data shows traders are "snapping up" $100,000 Bitcoin call options.

  6. Glassnode: If Bitcoin approaches $94,900, it may highlight a slowdown in demand, and existing holders may increase selling pressure.

  7. Galaxy Digital CEO: Expressed skepticism about Trump's proposal to establish a U.S. Bitcoin strategic reserve.

  8. Galaxy Digital founder: If Bitcoin successfully becomes a strategic reserve asset, it will rise to $500,000.

  9. Bitwise Chief Investment Officer: Bitcoin reaching $500,000 is a true sign of its "maturity."

  10. Sotheby's auction house will accept cryptocurrency payments for the auction of Maurizio Cattelan's banana artwork.

  11. U.S. FDIC report: The use of cryptocurrency is more common among underbanked populations.

  12. Venture capital funding in the crypto sector fell to $1.7 billion in Q3, a quarter-over-quarter decline of 31.3%.

  13. Japanese cryptocurrency exchange Coincheck is expected to go public on the Nasdaq in December.

  14. Russia approves a cryptocurrency tax framework, with miners implementing a two-stage taxation system

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