How did the most supportive usa Congress of cryptos "sell out"?
By injecting over $0.245 billion in funds, supporting nearly 300 cryptos supporters in both houses of Congress, and weakening the opposition, cryptos are quietly expanding their political influence in the coming years.
Failed to break through $0.1 million, bitcoin dropped below $0.093 million, while MSTR is still favored by two institutions on Wall Street.
Bitcoin saw strong profit-taking sentiment, continuing the weekend's decline. On the news front, Besant was nominated by the usa Treasury Secretary. Investors expect him to prioritize economic and market stability, leading to a decline in the US dollar and bitcoin, and a rise in US bonds.
Wall Street is preparing to launch a new generation of cryptos-related ETFs, catering to all types of investors' tastes.
November 26, Gelonghui: With crypto-friendly Trump returning to the White House, in this $3.2 trillion industry, Wall Street is preparing to launch a new generation of risky products to fully cater to the tastes of all types of investors, from institutional newcomers to stubborn retail investors.
2x Bitcoin Strategy ETF Options Spot-On: On November 25th, 109.09K Contracts Were Traded, With 318.24K Open Interest
On November 25th ET, $2x Bitcoin Strategy ETF(BITX.US)$ had active options trading, with a total trading volume of 109.09K options for the day, of which put options accounted for 10.75% of the total
Is the future US Secretary of Commerce a new helper for cryptos? His company was exposed to holding Tether, advancing the bitcoin lending project
Financial services company Cantor, founded and led by Lutnick, reached an agreement last year to hold 5% of Tether's equity, worth as much as $0.6 billion at the time; Tether is facing investigations by the US Department of Justice for violating sanctions and money laundering regulations, with its boss stating that Lutnick will try to use his political influence to resolve the threats facing Tether; Cantor is also considering accepting Tether's support for its initial $2 billion Bitcoin collateral loan project.
Is the momentum of bitcoin slowing down, and cryptocurrency sentiment reaching extremes?
Some analysts point out that as bitcoin approaches the $0.1 million mark, selling pressure is increasing.