According to PANews, Cardano founder Charles Hoskinson recently announced plans to collaborate with lawmakers and government officials to advance a bipartisan bill. His company, Input Output Global (IOG), is set to establish a dedicated policy department focused on cryptocurrency regulation. This new office will work on developing a legislative framework that incorporates the provisions of the 21st Century Financial Innovation and Technology Act (FIT21) and the Responsible Financial Innovation Act (RFIA). Hoskinson emphasized the importance of creating a regulatory environment that supports innovation while ensuring responsible financial practices. By engaging with policymakers, IOG aims to contribute to the development of comprehensive legislation that addresses the evolving needs of the cryptocurrency industry. The initiative reflects a proactive approach to shaping the future of digital finance, aligning with global efforts to establish clear regulatory guidelines. The establishment of a policy department within IOG signifies a strategic move to influence the legislative process and advocate for balanced regulations. By integrating key elements from existing legislative proposals, the company seeks to foster an environment conducive to technological advancement and financial stability. This effort underscores the growing recognition of the need for tailored regulatory frameworks to accommodate the unique characteristics of digital assets and blockchain technology.

According to Foresight News, data from Alternative.me indicates that the cryptocurrency Fear and Greed Index has risen to 78 today, up from 75 yesterday. This increase signifies that the market is currently in a state of 'extreme greed.' The Fear and Greed Index is a tool used to gauge the emotions and sentiments of the cryptocurrency market. A higher index value suggests that investors are becoming increasingly greedy, which can often precede market corrections. The index is calculated based on various factors, including volatility, market momentum, social media trends, and surveys, among others. The shift from a 'greed' state to 'extreme greed' reflects heightened investor confidence and optimism in the market. However, it also serves as a cautionary signal for potential market volatility. Investors are advised to remain vigilant and consider the risks associated with such market conditions. The index's movement is closely watched by traders and analysts as it provides insights into market dynamics and potential future trends.

On Nov 10, 2024, 05:24 AM(UTC). According to Binance Market Data, Ethereum has crossed the 3,200 USDT benchmark and is now trading at 3,200 USDT, with a narrowed 7.40% increase in 24 hours.

OKX market data shows that ETH briefly broke through 3200 USDT and is now trading at 3194.39 USDT, with a 24-hour increase of 7.32%.

According to 8marketcap data, Ethereum's market value has risen to approximately US$383.09 billion, surpassing Johnson & Johnson and ranking 33rd in global asset market value.

According to the Financial Times (FT), current and former policymakers cautioned Trump against undermining the U.S. Federal Reserve's autonomy during his second term. President-elect Trump has previously expressed his wish to have a say in the Fed's decisions, especially on interest rate cuts. source: https://www.cryptopolitan.com/policymakers-trump-to-respect-feds-autonomy/

According to CoinGecko data, the total market value of cryptocurrencies has exceeded 2.8 trillion US dollars, and is currently 2.841 trillion US dollars, with a 24-hour increase of 3%. In addition, BTC has a market share of 55% and ETH has a market share of 13.6%.

Grok will soon be free (with some restrictions) and will be available in some regions first. (X Daily News)

As the price of Bitcoin breaks through $79,000, MicroStrategy's Bitcoin holdings have a floating profit of more than $10 billion. As of September 19, 2024, MicroStrategy holds a total of 252,220 Bitcoins, with a total purchase cost of approximately $9.9 billion and an average price of approximately $39,266.

Chainlink (LINK) is currently experiencing significant momentum in the cryptocurrency market, leading to speculation that its value may increase to $30 in the near future. LINK, which is currently trading at approximately $13.45, has recently experienced a surge in price momentum, which is attributed to a number of critical factors that indicate additional upside potential. Related source: https://www.newsbtc.com/news/chainlink-125-target-in-sight-as-whale-on-chain-activity-soar-analyst/

Trump strutted onto the stage of a Florida ballroom surrounded by advisers, party leaders, family and friends. The Associated Press had not yet called the election results, but it was clear that voters had pushed him back to power.

This week, 20 blockchain startups raised a total of $40.1 million in funding. Eight projects received seed and pre-seed rounds, and 12 projects received other rounds of funding. Vlayer raised $10 million in the Pre-seed round.

Raydium accounts for 60.7% of the total trading volume of Solana ecosystem DEX.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry dynamics.

With strong revenue growth and an attractive valuation, Sky continues to lead the decentralized stablecoin space. Now is the time to take notice: as the DeFi renaissance unfolds, Sky is poised to be at the forefront.

In the early morning of November 6th local time, Trump announced his victory in the 2024 presidential election.

Election prediction is just the first application. The broader concept is that you can use finance as a way to align incentives to provide valuable information to an audience.

FairShake Cryptocurrency Group has become the largest Super PAC for the 2024 elections, raising more than $200 million in total.

Golden Finance launches the 2503rd issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

Meme or DeFi? The crypto fork in the road after Trump took office.