BTC $75,739.20 +0.18%
ETH $2,233.02 +0.53%
BNB $694.53 +0.13%
XRP $1.14 -1.73%
SOL $89.69 -0.19%
TRX $0.3196 +0.22%
DOGE $0.0718 -1.18%
ADA $0.1817 -2.84%
BCH $257.42 -3.39%
LINK $10.90 +0.57%
HYPE $77.56 -0.41%
AAVE $131.61 +0.19%
SUI $0.8590 -1.16%
XLM $0.1516 -2.17%
ZEC $1,264.59 -6.60%
AAPL $342.75 -0.53%
AMZN $259.62 -0.80%
GOOGL $284.93 -0.22%
MSFT $531.69 -0.42%
META $612.91 -0.84%
NVDA $187.94 +0.70%
TSLA $358.31 -0.19%
SNDK $837.17 +1.45%
INTC $56.11 +0.65%
SPCX $134.75 +2.32%
MU $691.23 +0.91%
AMD $446.66 +1.75%
BTC $75,739.20 +0.18%
ETH $2,233.02 +0.53%
BNB $694.53 +0.13%
XRP $1.14 -1.73%
SOL $89.69 -0.19%
TRX $0.3196 +0.22%
DOGE $0.0718 -1.18%
ADA $0.1817 -2.84%
BCH $257.42 -3.39%
LINK $10.90 +0.57%
HYPE $77.56 -0.41%
AAVE $131.61 +0.19%
SUI $0.8590 -1.16%
XLM $0.1516 -2.17%
ZEC $1,264.59 -6.60%
AAPL $342.75 -0.53%
AMZN $259.62 -0.80%
GOOGL $284.93 -0.22%
MSFT $531.69 -0.42%
META $612.91 -0.84%
NVDA $187.94 +0.70%
TSLA $358.31 -0.19%
SNDK $837.17 +1.45%
INTC $56.11 +0.65%
SPCX $134.75 +2.32%
MU $691.23 +0.91%
AMD $446.66 +1.75%

ema

All
Article
Flash

Ukrainian Central Bank: Opposes the current cryptocurrency bill, demands revisions before the final review

According to CoinDesk, the National Bank of Ukraine (NBU) stated that it does not support the current version of the draft for the legalization and regulation of crypto assets, calling on lawmakers to continue revising it before the final vote.The NBU supports advancing regulation by referring to the European Union's Markets in Crypto-Assets Regulation (MiCA) and recommendations from the International Monetary Fund, but believes that draft No. 10225-d still does not address its key concerns, and the final text was only delivered on Tuesday night, leaving insufficient time for review and lacking transparency in the legislative process.The NBU warned that foreign tokens not adequately regulated in their place of issuance may enter Ukraine, some of which could function as electronic money, threatening monetary sovereignty and financial stability, and bypassing requirements applicable to domestic similar assets. The NBU hopes to obtain the authority to assess and limit their use when necessary.Regarding market access, the NBU stated that a preliminary compromise had been reached to select three crypto trading platform operators through competition, but the final draft leaves the number of access points for the first five years to the discretion of the securities regulatory authority, raising concerns about monopolies and corruption risks. According to the draft, the National Securities and Stock Market Commission of Ukraine will become the main regulator, with a 5% transitional tax rate applicable to existing crypto assets until the end of 2028, and transactions between crypto assets explicitly exempt from tax.

Bubblemaps conducted an on-chain investigation of four crypto KOLs: the recommendations and wallet trajectories are inconsistent, with some suspected of bundling and front-running

The on-chain analysis platform Bubblemaps stated that it recently investigated four crypto KOLs and found that their wallet movements do not completely align with their public narratives. The conclusions are based on Bubblemaps' analysis and estimates. Regarding "Kimchi," which was launched in collaboration with Pump.Fun, there were rumors in the community that it earned about 40 million dollars on TRUMP. Bubblemaps estimated related profits to be about 6 million dollars based on its publicly available airdrop wallet and associated clusters, questioning the reasons for concealing the associations.For Solstice, Bubblemaps stated that the multiple meme coins it promoted showed dozens of new wallets buying in simultaneously, each holding about 0.5% to 1% of the supply, and the public wallets can be traced back to the token deployer.For Anglio, after analyzing about 534 posts in October, the platform noted that associated wallets bought in an average of about 20 seconds before approximately 61% of the calls and sold quickly afterward, estimating profits of about 130,000 dollars, and he has admitted to using such tactics.For 0xEthan, Bubblemaps stated that he often sells about three minutes after making a call, with public wallets and secret side wallets buying in simultaneously, estimating related profits of about 125,000 dollars.

The Democratic Party won both houses of Congress, and the Israeli opposition seized the opportunity to demand Netanyahu's resignation

In the U.S. midterm elections, the Democratic Party won control of both houses of Congress, prompting Israeli Prime Minister Benjamin Netanyahu to face fierce criticism from domestic political opponents. The opposition accused him of long publicly supporting the Republican Party, undermining Israel's traditional bipartisan support in the U.S., and using the election results to push for the formation of a new government without Netanyahu.Yair Golan, leader of Israel's center-left opposition party, stated that the election results reflect Netanyahu's negative impact within both the Democratic and Republican parties in the U.S. Centrist leader Yair Lapid warned that Netanyahu's continued rule would jeopardize Israel's security and international standing.U.S.-Israel relations may also face new pressures. With the Democratic Party controlling Congress, there may be pressure on Israel through hearings, oversight investigations, and budget measures. Previously, there had been a shift within the Democratic Party regarding support for Israel's military actions and U.S. aid, a trend exacerbated by the military actions jointly launched by Trump and Netanyahu against Iran. Meanwhile, Israeli President Isaac Herzog plans to meet with representatives from various parties on Wednesday and Thursday to initiate the process of forming a new government. Netanyahu currently remains in office as caretaker Prime Minister.

NVIDIA's stock price rose, and the demand for AI chips was not affected by the Democratic Party's victory

Despite the possibility that the Democratic Party may push for stricter restrictions on data center construction after winning the election, Nvidia's stock price still rose on Wednesday. This is because the positive performance reported by major companies in the chip industry indicates that market concerns about delays in data center construction have not immediately affected Nvidia and other hardware companies.Customers are still rushing to stockpile artificial intelligence hardware, even though it is currently uncertain whether there will be suitable locations to install these devices in the future. The defeat of Republican governors in Texas and Ohio in the election means that the construction of artificial intelligence infrastructure will face stricter scrutiny.Mark Haefele, Chief Investment Officer at UBS Global Wealth Management, wrote in a research report: "Increased oversight from Congress does not necessarily hinder the artificial intelligence investment cycle. Comprehensive federal-level restrictions will face legislative and presidential power constraints, while state and local regulations will still have a greater impact on the timing and location of data center construction." If Democratic politicians indeed push for stringent measures to limit the construction of artificial intelligence data centers, Nvidia will face greater challenges in the future.However, the market is currently more focused on signs that chip demand remains strong after the stock's recent weak performance.
app_icon
ChainCatcher Building the Web3 world with innovations.