▌Ripple CEO: The stablecoin RLUSD has been approved by the New York Department of Financial Services

Ripple CEO Brad Garlinghouse announced on the X platform that the stablecoin RLUSD has been approved by the New York Department of Financial Services (NYDFS). and a list of partners will be available soon.

▌Microsoft shareholders voted against Bitcoin investment proposal

Voting results showed that Microsoft’s major shareholders opposed the company’s Bitcoin investment proposal on Tuesday. Microsoft's board of directors had earlier urged shareholders to reject a recommendation from the National Center for Public Policy Research that the company invest 1% of its total assets in Bitcoin as a hedge against inflation. At the annual meeting, MicroStrategy Chairman Michael Thaler gave a three-minute speech in an attempt to persuade Microsoft shareholders to support the proposal. His company has invested billions of dollars in Bitcoin. Data shows that Microsoft's largest shareholders are institutional investors, including Vanguard and BlackRock.

As of press time, according to Coingecko data:

The recent transaction price of BTC was US$96,643.19, with an intraday increase or decrease of -0.5%;

ETH The latest transaction price was US$3,628.53, with an intraday increase or decrease of -1.9%;

BNB’s recent transaction price The price was US$676.37, with an intraday increase or decrease of -1.4%;

SOL was recently traded at US$213.85, with an intraday increase or decrease of -1.0%;

DOGE was recently traded at 0.395 yuan, with an intraday increase of Decline -3.9%;

XPR’s recent transaction price was $2.36, with an intraday increase or decrease of +7.5%.

▌Trump: Appoint Andrew Ferguson as Chairman of the U.S. Federal Trade Commission

President-elect Trump stated that he will appoint Andrew Ferguson to serve as the Chairman of the U.S. Federal Trade Commission (FTC) )President. (Golden Ten)

▌El Salvador and Argentinian regulators signed an agreement to help both countries develop the crypto industry

Regulators in El Salvador and Argentina signed an agreement to help both countries Grow the crypto industry. Juan Carlos Reyes, El Salvador’s top cryptocurrency regulator and chairman of the Council for Digital Activities (CNAD), said the agreement will help El Salvador expand its influence through strategic partnerships. While the details of the deal are unclear, Reyes said the agreement aims to enable the two regulators to share knowledge and experience to promote crypto innovation.

▌U.S. judge cancels sentence of former Celsius executive after Alex Mashinsky pleads guilty

EncryptionRoni Cohen-Pavon, the former chief revenue officer of lending platform Celsius, will not be sentenced on December 11 after former CEO Alex Mashinsky reached a plea deal with U.S. prosecutors.

In a filing in the U.S. District Court for the Southern District of New York, Judge John Koeltl approved U.S. Attorney Damian Williams’ Request to cancel Roni Cohen-Pavon's sentencing hearing until after Alex Mashinsky's sentencing hearing, which was originally scheduled for April 2025. Williams said the information provided by Cohen-Pavon "may be relevant to Mashinsky's sentencing hearing."

Roni Cohen-Pavon pleaded guilty to U.S. criminal charges in 2023 and has been granted bail to travel to Israel.

▌Trump will pay close attention to the price of Bitcoin during his term

According to Axios citing an anonymous source, Trump will " "The price of BTC will be very much watched during his presidential term," he said, adding that he "hopes" the price of Bitcoin reaches $150,000. Axios calls cryptocurrencies “another stock market” for this investor. During his last term as president, Trump often used the performance of the U.S. stock market as a measure of his effectiveness in managing the economy.

▌Messari: Solana ecological DEX Raydium’s monthly trading volume exceeded Uniswap for the second consecutive month

According to a report released by Messari, decentralized exchanges (DEX) Raydium’s monthly trading volume exceeded Uniswap for the second consecutive month. In November, monthly trading volume on Solana’s native platform, Raydium, was about 30% higher than Uniswap’s, or about $30 billion.

Messari reports that Raydium’s “success is largely due to its dominant position in the Solana ecosystem,” adding that DEX continues to dominate daily DEX on layer 1 blockchain networks Accounting for more than 60% of the transaction volume, memecoin transactions have become an important driving force for Raydium's transaction volume. In November, memecoin accounted for 65% of Raydium's monthly transaction volume, reaching a record high.

▌Synthetix announces acquisition of leveraged token platform TLX via token swap

Synthetix announces acquisition via token swap transaction leveraged token platform TLX, the deal had previously securedSIP-412 and TIP-14 approved.

Synthetix stated that it is working with the TLX team to optimize several parameters in the current implementation and is fully promoting the launch on the Base chain. It plans to complete a comprehensive review, implement parameter improvements, and redeploy in the next few weeks. All contracts. Once completed, Synthetix said it will announce a lucrative leveraged token incentive program heading into 2025.

▌The Uniswap Foundation has funded $110,000 to Blockful to conduct a governance security review

The Uniswap Foundation announced that it has funded $110,000 to Blockful to conduct a governance security review. Enhancing the resilience of the Uniswap protocol governance system.

Blockful will analyze key governance data, identify potential vulnerabilities, and create a public dashboard for monitoring governance security metrics to improve security for the Uniswap community and the broader DeFi space.

▌Ray Dalio, founder of Bridgewater Associates: Will invest in “hard currencies” such as gold and Bitcoin while avoiding debt assets

Billionaire founder of hedge fund Bridgewater Associates Billionaire investor Ray Dalio said in a speech at a financial conference in Abu Dhabi on Tuesday that he would invest in "hard currencies" such as gold and Bitcoin while avoiding debt assets as most major economies face rising prices. debt problem.

He said: "I think the debt currency problem may be coming, and I hope to avoid debt assets such as bonds and debt and hold some hard currencies such as gold and Bitcoin."

The senior investor mentioned that all major debt levels, including those in the United States, have reached "unprecedented levels" and stressed that current debt levels are unsustainable. He said: "It is impossible for these debt crises to not occur in the next few years, which will lead to a sharp depreciation of currency values."

▌Bloomberg analyst: BlackRock IBIT's asset size is equivalent to 50 European ETFs The sum of

Bloomberg analyst Eric Balchunas posted on the In existence for 20 years. In addition, ETF and technology strategist Todd Sohn believes that the investment environment in Europe has bottomed out and cannot get worse.

▌CryptoQuant: Over 2.66 billion XRP have been transferred to Binance in the past 30 days, the highest since April

CryptoQuant monitoring data shows that in the past 30 days, more than 2.66 billion XRP have been transferred The token was transferred to the Binance exchange, which marked the highest amount of XRP deposited by a large user since April 2024.

CryptoQuant analysts said the large inflows indicate that large XRP holders are actively moving XRP through the network and interacting with Binance as an exchange. Whale deposits can often signal a potential shift in strategy, as these players have large amounts of assets at their disposal. .

▌Digital asset holding company COSIMO completed US$25 million in financing

COSIMO, a digital asset holding company founded in 2014, completed US$25 million in financing. Eolas Capital co-founder and Bridgewater Associates and Des Mac Intyre, a former executive at Mellon Investments, led the investment.

According to the announcement, COSIMO is involved in multiple crypto fields, including tokenized venture capital, custody and equity hedge funds. In the ten years since its operation, COSIMO has expanded into multiple cryptocurrency sub-industries and plans to become a crypto Competitor of currency management and service provider Galaxy Digital. Co-founder Ciaran Haynes said the company is planning a series of new announcements, including a new project involving the "creator economy."

▌The probability that the Federal Reserve will cut interest rates by 25 basis points in December is 85.8%

According to CME's "Fed Watch", the Federal Reserve will maintain current interest rates unchanged until December. The probability of a cumulative interest rate cut of 25 basis points is 14.2%, and the probability of a cumulative interest rate cut of 25 basis points is 85.8%. The probability of keeping current interest rates unchanged by January next year is 10.5%, the probability of a cumulative 25 basis point interest rate cut is 67.5%, and the probability of a cumulative 50 basis point interest rate cut is 22%.

▌Yellen: She has spoken with Scott Bessent, the nominee for Treasury Secretary, and discussed the broad responsibilities of the Treasury Department

U.S. Treasury Secretary Yellen said that she has spoken with Trump’s nominee for Treasury Secretary Ministerial pick Scott Bessent spoke to discuss Treasury's broad responsibilities.

Yellen said, I informed Bessent, the candidate for Treasury Secretary, that the Treasury Department has professional staff who work with integrity and can make reliable analyses. I also expressed concerns about fiscal responsibility and that we need to reduce the deficit. Hopefully, Congress will find a way to pay for any extension of the personal tax cuts Trump passed in 2017.

▌What is Rollup?

Rollup is a way of processing transactions on a Layer 2 protocol that frees up valuable space in the base layer. Rollup folds transactions one by one on the second layer, sometimes dozens of times, then rolls them together before sending the data back to Layer 1. There are two main types of Rollups, optimistic and zero-knowledge (ZK) proofs. Optimistic Rollup is a fairly clear term. This means RollupRuns with an "optimistic" approach, assuming transactions are valid unless proven wrong by the validator. They will check the validity of the transaction only if there is a dispute. ZK Rollup certifies transactions without revealing any transaction data. Therefore, it is called "zero knowledge". ZK Rollup provides instant finality because cryptographically proven data is guaranteed to be valid. In many ways, Rollup is to your standard blockchain transaction what Calzone is to your average pizza slice. By scrolling, you can put more stuff in.

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.