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Bitcoin slipped after a slightly higher-than-expected U.S. inflation print and a rise in weekly jobless claims.However, analysts remain optimistic about its long-term prospects, particularly with potential Fed rate cuts and the upcoming U.S. presidential election.
According to the analyst, Chinese pressure on Ethereum price may continue.
Centralized exchanges are favored by 58% of traditional hedge funds for liquidity and ease of use.
The exchange said it is enhancing its token evaluation process, focusing on tokenomics, distribution, utility and the development team's experience.
A newly formed cryptocurrency committee within South Korea’s top financial regulator, the FSC, will review the current ban on spot crypto ETFs.
- 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."
