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Andrew Tate has booked a $16,000 gain from betting against Kanye West’s meme coin YZY, even as the token’s market collapse highlights the risks surrounding celebrity-linked cryptocurrencies.
On-chain data from CryptoQuant indicates a growing divergence between Bitcoin (BTC) and Ethereum (ETH), underscoring shifting market dynamics that could define the next phase of capital flows in digital assets.
Injective has entered into a strategic partnership with global investment platform Republic, aiming to expand access to tokenized private market opportunities and accelerate institutional adoption of blockchain-based finance.
Australia’s corporate watchdog is intensifying its war on online scams after removing more than 14,000 fraudulent websites since mid-2023, with thousands linked to cryptocurrencies.
Thirteen wallets pocketed over $24.5 million from trading Kanye West’s newly launched YZY token before its price crashed, blockchain data from Nansen shows.
In a significant move impacting the future of digital currency, the US House of Representatives has inserted a sweeping provision into its annual defense policy legislation that would prohibit the Federal Reserve from developing or issuing a central bank digital currency (CBDC).
- 10:25A series of employment data will be released in the US tonight, and the probability of a rate cut has reached 94%.ChainCatcher News, according to the schedule, tonight at 20:30 the US November Challenger job cuts data will be released; at 21:30, the number of initial jobless claims for the week ending November 29 in the US will be announced, with an expected value of 220,000. In addition, at 23:00, the US November Global Supply Chain Pressure Index and the US September Factory Orders month-on-month rate will also be released. Although tonight's employment data is relatively important, the market is currently highly betting on a 25 basis point rate cut by the Federal Reserve in December. As of press time, the probability of this event on Polymarket has reached as high as 94%.
- 10:20Citadel sends letter to the US SEC, calling for stricter regulatory rules on RWA and DeFiJinse Finance reported, citing market sources: Citadel has sent a letter to the U.S. Securities and Exchange Commission (SEC), calling for stricter regulatory rules on tokenized assets and decentralized finance (DeFi). The crypto community has expressed opposition, worrying that excessive regulation may have negative impacts.
- 10:19USDT C2C over-the-counter price falls below 7.0, creating an inversion with the current RMB exchange rateJinse Finance reported that, according to data from various exchanges, the USDT C2C over-the-counter price has fallen below 7.0. In addition, there has recently been an inversion in the over-the-counter price of USDT and other stablecoins, with prices lower than the RMB exchange rate. According to the State Administration of Foreign Exchange, the recent central parity rate of the RMB exchange rate is around 7.07.