News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
BTC price headed into the month straddling the average cost basis for short-term holders
A radical "trusted ally" nominated by Trump is about to face a Senate confirmation hearing, which not only serves as a major loyalty test for Republican senators, but also marks a key step in Trump's efforts to "reshape" the Federal Reserve.
10 highly promising auto-mining projects
The article discusses how prediction markets expand their user base through language framing (such as using "trading" instead of "betting"), and analyzes their advantages, including direct event pricing, hedging tool attributes, low-barrier financial engineering, outstanding historical prediction performance, and association with wisdom and skill. Summary generated by Mars AI This summary was produced by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative improvement.
Yunfeng Financial Group, a Hong Kong-listed company co-founded by Alibaba founder Jack Ma, recently announced the purchase of approximately 10,000 Ethereum (ETH) tokens for 44 million USD, at a price close to 4,316 USD per token.
- 18:49Prediction market Polymarket receives CFTC approval to re-enter the US marketJinse Finance reported that the crypto prediction market platform Polymarket has received a "no-action" letter jointly issued by the CFTC's Division of Market Oversight and Division of Clearing and Risk, allowing it to re-enter the US market under certain conditions after the US Commodity Futures Trading Commission (CFTC) terminated its investigation. CEO Shayne Coplan stated on X that this approval process was completed at a record speed.
- 18:49The Federal Reserve's overnight reverse repo usage drops to its lowest level since 2021Jinse Finance reported that the balance of the Federal Reserve's overnight reverse repurchase agreements fell to its lowest level since 2021 on Wednesday. About 17 counterparties deposited $1.79 billion with the Federal Reserve through overnight reverse repos, down from $2.11 billion in the previous trading day, marking the lowest level in more than four years.
- 18:37Federal Reserve Board nominee Milan pledges to uphold central bank independenceChainCatcher News, according to Golden Ten Data, the U.S. Senate Banking Committee will hold a hearing on Thursday morning local time for Stephen Milan, the Federal Reserve Board nominee appointed by Trump. In his hearing remarks, Milan stated that the independence of the central bank is a key element of success and pledged to faithfully fulfill his duties and uphold the independence of the Federal Reserve. He also raised questions about the Fed's regulatory activities, particularly regarding the composition of the central bank's balance sheet.