▌Circle announced that it has become the first stablecoin issuer to meet Canada’s new listing rules

Circle announced that its regulated subsidiary has become the first company to commit to comply with the Ontario Securities Commission (OSC) ) and the Canadian Securities Administrators (CSA) Value Reference Cryptoassets (VRCAs) required stablecoin issuers. This helps Circle’s U.S. dollar-denominated stablecoin USDC be made available on a registered crypto-asset trading platform in the Canadian market.

Registered crypto-asset trading platforms that operate in Canada and comply with VRCA requirements can continue to offer USDC beyond the CSA’s December 31, 2024, deadline to delist non-compliant stablecoins.

▌Trump nominates Billy Long as Commissioner of the Internal Revenue Service

Trump nominates former U.S. House of Representatives member Billy Long as Commissioner Commissioner of the Internal Revenue Service. In addition, Trump nominated former Senator Kelly Loeffler to serve as director of the U.S. Small Business Administration.

As of press time, according to Coingecko data:

BTC’s recent transaction price was US$98,724.33, with an intraday increase or decrease of +2.9%;

ETH The recent transaction price was US$3,834.13, with an intraday increase or decrease of +5.8%;

BNB’s recent transaction price The price was US$737.65, with an intraday increase or decrease of -0.6%;

SOL was recently traded at US$228.90, with an intraday increase or decrease of -2.8%;

DOGE was recently sold at a price of 0.4299 yuan, with an intraday increase of Decline +5.0%;

XPR’s recent transaction price was $2.37, with an intraday increase or decrease of -7.0%.

▌The U.S. House of Representatives said that Yun Seok-yue's declaration of "emergency martial law" was a serious misjudgment

The U.S. House of Representatives said that South Korean President Yoon Seok-yue's declaration of "emergency martial law" was a serious misjudgment.

▌SEC Commissioner: Having worked with Paul Atkins, I can’t think of anyone more suitable to become SEC Chairman than him

“Crypto Mom”, Commissioner of the U.S. Securities and Exchange Commission (SEC) Hester Peirce posted on the I will be back to lead this effort, and I can't think of anyone better suited to the job than I worked with him during his last tenure at the agency."

▌Magic Eden short investment price inquiry tool has been launched

According to official news, the Magic Eden native token ME short investment price and allocation inquiry tool is now availableAlready online.

▌The number of views of YouTube crypto influencer content hit a 12-month high

According to The Block, as of the week of November 25, the number of views on the YouTube platform , views of crypto influencer content reached 4.72 million, a 12-month high and a sign of renewed retail interest in the digital asset space. Among them, Coin Bureau and Crypto Banter led this growth, each with more than 1 million pageviews per week, contributing significantly to the overall indicator. Current weekly views are still below the all-time high of 9.3 million, suggesting there is room for growth in retail engagement.

▌Anchorage Digital: Due to its involvement in the encryption business, it was cut off by traditional banks in 2023

Anchorage Digital CEO Nathan McCauley said that in January 2023, the company’s partner bank stated Will no longer work with them because they are "in the cryptocurrency business." It is reported that Anchorage itself is a federally chartered bank and was subject to OCC review, but was disqualified from participating in banking business due to its involvement in cryptocurrency.

▌Ethereum Foundation researcher: Solana’s golden age is coming to an end and will not pose a threat to Ethereum

Ethereum Foundation researcher Justin Drake said that Solana’s golden age is coming to an end. , will not pose a threat to Ethereum.

Despite Solana’s strong development momentum, Drake said that Ethereum is focused on long-term gains. He said: "Solana is in its prime right now, but I think this will be the end of Solana's golden age because all of Solana's competitive advantages in latency and throughput will disappear because the fundamental difference in architecture makes it unusable. Scalability".

Currently Ethereum developers rely heavily on Layer 2 to provide faster and lower transaction fees. Drake said: “I think Layer 1 is competing with Bitcoin and Layer 2 is competing with Solana. So competing with Solana is not even part of Layer 1’s remit, we should be competing on security and health. So , if there is any competition for Solana, it needs to come from applications and layer 2."< /p>

▌The three major U.S. stock indexes all hit record closing highs, and cryptocurrency concept stocks generally rose

The three major U.S. stock indexes collectively closed higher, with the Dow Jones Industrial Average rising 0.69% , closing above 45,000 points for the first time, the Nasdaq rose 1.30%, the S&P 500 rose 0.61%, and the three major stock indexes all hit record closing highs. Trump selects digital asset advocate and veteran financial regulator Paul Atkins as SEC chairman, Bitcoin hit $99,000. Cryptocurrency concept stocks strengthened, with Bit Digital rising by more than 13%, MicroStrategy rising by nearly 9%, Canaan Technology rising by nearly 8%, and Riot Platforms and Coinbase rising by nearly 7%.

▌The probability that the Federal Reserve will cut interest rates by 25 basis points in December rises to 77.5%

According to CME's "Fed Watch", the probability that the Federal Reserve will keep current interest rates unchanged by December is 22.5%. The probability of a cumulative 25 basis point interest rate cut is 77.5%. The probability of keeping current interest rates unchanged by January next year is 17.2%, the probability of a cumulative 25 basis point interest rate cut is 64.5%, and the probability of a cumulative 50 basis point interest rate cut is 18.2%.

▌Powell: Doesn’t think the “shadow Fed chairman” needs to be discussed

Bessent, who was nominated by Trump as Treasury Secretary, suggested in “Barron’s” that Trump As soon as he took office, Trump publicly appointed a successor to Fed Chairman Powell, which effectively created a "shadow Fed Chairman", which Powell opposed. "I don't think that's on the table at all," Powell said on Wednesday. "There's a set of institutional relationships that exist between the Fed and every administration. I fully think we can maintain that same relationship." Powell's term ends in early 2026.

▌Powell said the Fed can be more cautious and has generally not changed its expectations for interest rate cuts

Federal Reserve Chairman Powell said on Wednesday that the U.S. economy is stronger than when the Fed began cutting interest rates in September last year. , making policy makers likely to be more cautious in further cutting interest rates. "We can be a little more cautious as we try to find a neutral ground," Powell said.

Powell's comments on Wednesday appeared to be in line with more cautious policy makers and largely echoed previous The view that the Fed can "carefully" consider cutting interest rates and does not need to act in a hurry. Powell's remarks on Wednesday did not significantly change current expectations for another 25bp rate cut in December.

▌What is chain abstraction?

Chain abstraction is a concept that simplifies the user experience of blockchain technology and unifies transactions across multiple networks. Blockchain chain abstraction aims to solve this problem by hiding or "abstracting" the technology from the user. This means people don’t know they are using a blockchain or which blockchain they are using. The chain abstraction works by providing a single interface that enables users and developers to interact with multiple blockchains without having to manage the complexity of each individual chain.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.