CryptoQuant analysts have posted that Binance has consistently led the cryptocurrency market in terms of the number of Bitcoin (BTC) and Ethereum (ETH) outflow transactions since 2018. In 2024, this dominance remains solid, with Binance recording the highest number of monthly BTC and ETH outflow transactions of any centralized exchange (CEX). Notably, Binance handled nearly 2 million BTC and ETH outflow transactions in the last month of 2024.
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The US House Financial Services Committee recently held a hearing to discuss the Digital Asset Market Clarity Act (CLARITY). The bill aims to establish a clear regulatory framework for the cryptocurrency industry, but Trump's close ties to the crypto industry have become the focus of discussion, causing the bill to encounter resistance.
During the hearing, some Democratic lawmakers expressed concern about Trump's involvement in the cryptocurrency space, particularly his support for...
The US Treasury said that Secretary of the Treasury Vincent called an executive meeting of the Financial Stability Oversight Council today. During the meeting, the committee was briefed by Treasury staff on the work of the President's Digital Asset Markets Task Force. The chairperson of the SEC and the acting chairperson of the Commodity Futures Trading Commission (CFTC) also provided updates on recent actions by their respective agencies. Speakers discussed ways to promote U.S. leadership in di...
The three major U.S. stock indexes closed up and down, with the Dow down 0.22%, the Nasdaq up 0.32%, the S & P 500 up 0.01%, popular technology stocks up and down, Meta up more than 3%, Broadcom, AMD up more than 1%, Tesla down more than 3%.
According to Arkham ZH, Consensys is suspected to have purchased $300 million worth of ETH.
A whale associated with Consensys just received $320 million worth of ETH from Galaxy Digital, moved it to a new address 0x0b2, and pledged $120 million worth of ETH to Liquid Collective at that address.
The Fed Beige Book said prices had risen at a moderate pace since the last report. There were widespread reports that respondents expected future costs and prices to rise at a faster pace. A few regions described these expected cost increases as strong. All regions reported that higher tariff rates were putting upward pressure on costs and prices. However, respondents responded to these higher costs in different ways, including raising prices on affected goods, raising prices on all goods, shrin...
Musk said in a social media post that the United States is accelerating towards the abyss of debt slavery. Musk said a new spending bill should be drafted to avoid a significant increase in the deficit and increase the debt ceiling by $5 trillion.
Russian presidential aide Ushakov said that US President Donald Trump said that the United States was not informed in advance by Ukraine about the attack on the Russian air base. President Vladimir Putin told US President Trump that the recent talks in Istanbul were very beneficial. But Ukraine deliberately attacked civilian targets and tried to sabotage the talks. Needle...