Regulatory uncertainty around yield-bearing stablecoins has allowed regulated tokenized yield-bearing instruments like money market funds to steal thunder, says Aaron Kaplan is the co-CEO of Prometheum. source: https://www.coindesk.com/opinion/2024/11/14/how-tokenized-money-market-funds-dulled-the-stablecoin-star/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Senator Lummis’s Federal Reserve Bitcoin Proposal urges the Fed to sell some gold reserves and use the funds to invest in Bitcoin, citing its potential as “digital gold.” source: https://coincu.com/292191-federal-reserve-bitcoin-proposal-as-lummis

Crypto analyst Benjamin Cowen predicts that Bitcoin (BTC) is poised to outperform altcoins for the remainder of 2024. The post Bitcoin’s Dominance Expected to Outshine Altcoins Through 2024, Says Analyst appeared first on Cryptodnes. source: https://cryptodnes.bg/en/bitcoins-dominance-expected-to-outshine-altcoins-through-2024-says-analyst/

As housing prices soar beyond reach for young generations, Bitcoin emerges as the ultimate savings tool, turning the dream of homeownership into a tangible reality. Could a single Bitcoin buy you a house in the near future? The answer may surprise you. source: https://bitcoinmagazine.com/takes/bitcoin-the-key-to-unlocking-the-dream-of-homeownership-for-a-generation-priced-out

Portal Ventures’ new fund will back pre-seed rounds for crypto startups, aligning with the growing VC focus on early-stage activity in 2024. source: https://cointelegraph.com/news/portal-ventures-raises-75-m-pre-seed-crypto-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Pennsylvania proposes a Bitcoin Reserve, aiming to hold BTC as a state reserve asset to recognize its value; Trump pledges to boost US Bitcoin reserves if elected. source: https://coincu.com/292189-pennsylvania-proposes-a-bitcoin-reserve

PEPE hits new highs following several major exchange listings. source: https://cointelegraph.com/news/pepe-rallies-78-to-new-all-time-highs-as-the-memecoin-market-cap-tops-116-b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Tether specifically mentions users being able to tokenized of stocks, bonds, stablecoins and loyalty points. source: https://www.theblock.co/post/326650/tether-launches-rwa-platform-to-allow-the-tokenization-of-anything?utm_source=rss&utm_medium=rss

According to CoinDesk, the UK government is set to initiate a pilot program for a digital gilt instrument utilizing distributed ledger technology (DLT). This announcement was made by the Treasury in a statement released on Thursday. The digital gilt instrument, akin to a bond, is part of a broader strategy to enhance financial services growth and competitiveness. Finance Minister Rachel Reeves is expected to reveal this initiative during her first Mansion House speech, alongside measures to regulate Environmental, Social, and Governance (ESG) ratings providers and pension mega funds. Gilts, which are government-issued bonds in the UK, will be at the center of this innovative approach. The Mansion House Speech serves as an annual platform for the finance minister to outline long-term visions. Since the Labour Party assumed power in July, there has been limited communication regarding its stance on cryptocurrency. However, the Treasury's recent statement indicates that the upcoming speech aims to reassure businesses of the government's commitment to innovation, especially in the wake of crypto-friendly policies following Donald Trump's election victory. The pilot project for the digital gilt instrument underscores the government's dedication to advancing the financial services sector through technological innovation. DLT, the technology supporting crypto assets, allows data to be maintained and updated across multiple nodes, ensuring transparency and security. Tulip Siddiq, the economic secretary at the Treasury, has indicated that the Labour Party will soon unveil its plans for the crypto sector. According to Bloomberg, Labour is expected to follow the previous Conservative government's path by introducing legislation for stablecoins and staking. This move is anticipated to align with the ongoing global trend of integrating digital assets into traditional financial systems, further solidifying the UK's position as a leader in financial innovation.

According to Sygnum Bank's Future Finance report, institutional investors are increasingly optimistic about cryptocurrencies. According to the report, 57% of respondents intend to increase their cryptocurrency allocation. Of these, 31% plan to do so during the next quarter. Clearer worldwide ... source: https://www.thestreet.com/crypto/policy/57-of-institutional-investors-are-bullish-on-crypto-

In a bull market, rational management, setting clear goals, diversifying investments, maintaining emotional discipline and a long-term perspective can help effectively control risks while maximizing returns.

Elon Musk has posted several times on Twitter about the pet squirrel, saying "President Donald Trump will save the squirrels" and "A squirrel and a meme coin saved America," and the topic has continued to be drawn into the political arena.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

Trump, BTC, Bitcoin breaks through $90,000. How far can the "Trump effect" go? Golden Finance, is Bitcoin going to soar?

BTC, BTC continues to hit new highs. Can mainland users also purchase cryptocurrencies in compliance with regulations? Golden Finance, a major breakthrough, an application that supports mainland users to purchase stablecoins is here.

Recommended readings tonight: 1. TVL exceeds 1 billion. Which projects on Aptos, the star of MOVE, are worth ambush? 2. From euthanasia to saving America: the past and present of the internet celebrity squirrel Peanut; 3. The role of Polymarket and the free market in prediction;

Money never sleeps, new stories are on the way, and I hope you can win this time.

Elon Musk, DOGE, what can the Department of Government Efficiency (DOGE) led by Musk do? 11 questions to understand Golden Finance, how does DOGE work

Aptos, move, Golden Observation | TVL exceeds 1 billion. Which projects on MOVE star Aptos are worth ambush? Golden Finance, early layout of Aptos will not be taken over at a high price

Ross Ulbricht, the founder of the Silk Road, hopes for a presidential pardon from Donald Trump, who previously promised to commute his life sentence. Despite past unfulfilled pledges, Ulbricht’s supporters remain hopeful, while others question whether Trump will act on his previous commitments.