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Amidst the downturn, ETH has been notably impacted, with its performance in USD underwhelming compared to other assets throughout the year..
Share link:In this post: ETF investors see the vehicle as an essential tool to building robust portfolios. Millennials are the most likely cohort to choose crypto ETF, while also looking for other personalized investments. More ETF buyers are interested in crypto-based funds compared to the 2023 survey by Charles Schwab.
Share link:In this post: A capital markets commentary mentioned that a 50 basis point rate cut by the Federal Reserve would be unlikely again this year. The commentary, The Kobeissi Letter, also explained that the previous Fed interest rate cut was too aggressive. The Federal Reserve initiated a 50 basis point interest rate cut on September 18, the first rate cut in four years.
- 14:15An address containing 13 BTC was activated after being dormant for 11 yearsOn November 30, according to Whale Alert monitoring, about 15 minutes ago, an address containing 13 BTC was activated after being dormant for 11 years.
- 14:15The total Ethereum contract open positions across the network have broken through 24 billion US dollars, with a 24-hour increase of 5.91%.On November 30, according to Coinglass data, the total number of unsettled Ethereum contracts across the network reached 6.5938 million (approximately 24.312 billion US dollars), an increase of 5.91% in 24 hours.
- 13:49American Scholar: The White House's promotion of Bitcoin could potentially shake people's trust in the US dollar as a global reserve currencyOn November 30, the CF40 Research Institute published an article titled "The Politicization of Cryptocurrency", which revealed that after the curtain fell on the 2024 US presidential election and Trump's victory, the continuous advance of the cryptocurrency industry into "money politics" has attracted widespread attention. American scholar Vitaliy Katsenelson proposed that as market sentiment towards the dollar has been disturbed, White House promotion of Bitcoin could shake people's trust in the dollar as a global reserve currency, thereby weakening its status. As for current fiscal challenges, he stated: "What can truly keep America great is not Bitcoin but controlling debt and deficit."
