Hill, the new chairman of the U.S. House of Representatives Financial Services Committee, said that the focus will be on easing bank regulations, addressing capital formation issues so that more companies can go public, and solving market structure problems for cryptocurrencies.

The Bank of Japan is likely to keep interest rates unchanged at its meeting next week, according to multiple Japanese media reports. People familiar with the matter said that Bank of Japan policymakers believe that although the Japanese economy and prices are moving in line with expectations, they should keep a close eye on wage trends in Japan and the global economy. The above-mentioned people familiar with the matter said that policymakers are therefore unlikely to raise interest rates at their meetings next Wednesday and Thursday unless there is a risk of a sharp depreciation of the yen, which would push up import prices. The last time Bank of Japan policymakers voted to raise their short-term policy rate target to 0.25% was at a meeting in July. The December meeting comes amid growing concerns that the profitability of Japanese companies, especially exporters, will deteriorate as U.S. President-elect Trump promises to raise tariffs. Some Bank of Japan officials said it was time to raise interest rates, but most believed the central bank should not act hastily, people familiar with the matter said. (Jinshi)

According to Odaily, Galaxy Digital Holdings Ltd., a cryptocurrency firm led by billionaire Michael Novogratz, has appointed Anthony Paquette as its new Chief Financial Officer. Paquette joins Galaxy Digital from Point72, where he served as CFO for over four years. Before his tenure at Point72, he held significant roles in the financial sector, including as a business unit head at fintech company SoFi and as a Managing Director at JPMorgan. This strategic hire is expected to bolster Galaxy Digital's financial leadership as the company continues to navigate the evolving cryptocurrency landscape.

Iliya Kalchev, research analyst at Nexo, said the recent surge in XRP open interest suggests the fourth-ranked digital asset is likely to remain a “focal point” in the crypto space for the foreseeable future, arguing that the surge indicates “an expanding investor base and increased trading activity.” A large increase in open interest is often seen as an indicator of increased speculative trading as traders bet on future price movements. It is important to note that Kalchev’s comments on the surge in XRP open interest came just days after a Cryptoquant analyst report reportedly revealed that open interest had grown by more than 30%, bringing total open interest on major exchanges to $4 billion. However, analyst Maarten Regterschot reportedly warned that the surge was likely “driven by leverage,” increasing volatility risk. In a statement to Bitcoin.com News, Kalchev attributed the increase to favorable regulatory developments and a rebound in the cryptocurrency market. (News.bitcoin)

According to official news, the second episode of LBank's annual in-depth interview column "LBank Pulse Focus" has been launched on LBank's official YouTube channel and official Twitter at 20:00 today. This episode invited Deng Di, founder and chairman of Taiyi Group. In the program, Deng Di shared around the theme "All coins are memecoins, Even Bitcoin". In the program, he expressed his views on the unique value of Meme coins, believing that its success lies in building a common consensus for global users, similar to the universal recognition of gold. He emphasized that Meme coins should be given more room for growth and innovation. It is reported that "LBank Pulse Focus" is divided into four episodes and is broadcast regularly on LBank's official YouTube channel and official Twitter every Friday. At present, the column has been supported by many media, covering a wider audience and promoting diversified industry discussions within the industry.

Shenyu shared his trading experience on the X platform. He said: "Each transaction of "buy more as the price rises" is not essentially trading the market, but trading self-worth. The increase in positions is not because of new insights into the market, but because we need greater profits to maintain a greater self-illusion. The market has become a mirror. What we are addicted to is not the profit itself, but the "invincible" self in the mirror. This is why all the advice on trading discipline and systems, although correct, is difficult to really change behavior. Because you can't use technical solutions to fix an existential problem. The most ironic thing is: we think we are using money to exchange for wealth, but in fact we are using wealth to exchange for an illusory self-identity. In this transaction, we are destined to be losers from the beginning."

Galaxy Digital Holdings Ltd., a cryptocurrency company run by billionaire Michael Novogratz, has hired Anthony Paquette of Point72 as its chief financial officer, according to a person familiar with the matter. Anthony Paquette previously served as CFO of Steven Cohen's asset management firm Point72 for more than four years, and before that he was head of business units at fintech company SoFi and a managing director at JPMorgan Chase. (Bloomberg)

Sui (SUI) is on a remarkable upward trajectory, exhibiting strong bullish momentum. On December 12, it surged to a new … Continue reading The post Here’s why Sui could repeat Solana’s 2021 rally this cycle appeared first on Finbold. source: https://finbold.com/heres-why-sui-could-repeat-solanas-2021-rally-this-cycle/

MicroStrategy founder Michael Saylor posted on the X platform that Metaplanet, a Japanese listed company, adopted the Bitcoin standard, and also posted a stock price chart of the company, which showed that Metaplanet's stock price was on an upward trend.

An interest rate cut by the Federal Reserve could help Bitcoin finish the year at “record-breaking levels,” according to Bitfinex’s head of derivatives. source: https://cointelegraph.com/news/bitcoin-price-predicted-160k-2025-macroeconomic-boost?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

BTC, Amazon, Why might tech giants like Amazon be reluctant to buy Bitcoin with cash? Golden Finance, Shareholders need to find a balance between speculative assets and core business investments.

The 2024 FIDE World Championship in Singapore has come to an end, with 18-year-old teenager, Gukesh Dommaraju of India emerging victorious after a gruling 14-match battle with the defending World Champion, Ding Liren from China.

As preliminary data comes out, expectations for the last Federal Reserve interest rate meeting in December 2024, 2024, are beginning to become clear.

Earlier this week, Ethena’s USDe surpassed DAI to become the world’s third-largest stablecoin.

Supplement hot knowledge about Goat and future AI Agents.

Binance Launchpool has launched the 62nd project - Vana (VANA), a native EVM-compatible L1 blockchain for user-held data.

Alexandr Wang and his company is facing a class suit, with allegations of emotional stress for contractors who worked on a self-harm prevention project for meta

This initiative, funded by OpenAI and Microsoft, leverages nearly one million digitised books from Google Books to expand resources for AI training, advancing the use of public-domain literature in AI development.

“Compared to crypto-native narratives like DeFi and NFT or transformative narratives like GameFi, AI is an alien narrative.”

As the funding rates of a large number of altcoins soared to the highest level in nearly three years, this round of sentiment-driven altcoin market finally ushered in a violent shock after the climax.