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How did the most supportive usa Congress of cryptos "sell out"?
By injecting over $0.245 billion in funds, supporting nearly 300 cryptos supporters in both houses of Congress, and weakening the opposition, cryptos are quietly expanding their political influence in the coming years.
Latest cryptos news | Market sentiment has declined somewhat, with bitcoin hovering around $98,000; the usa bitcoin spot etf had a net inflow of $3.38 billion last week, setting a historical record.
According to foreign media reports, cboe global markets announced today that it plans to launch the first batch of cash-settled index options related to the spot price of bitcoin starting from December 2nd (Monday).
Global digital payment growth lackluster, BNP Paribas, a French bank, downgrades ratings of Block (SQ.US), Toast (TOST.US), etc.
This year, the global digital payment scale has not been satisfactory, and BNP Paribas has forecasted that performance will continue to be sluggish in the coming year, leading to a downgrade in the rating recommendations for some consumer payment companies.
The nominee for the Secretary of Commerce nominated by Trump is also a cryptocurrency enthusiast, reportedly will promote bitcoin lending projects
① The Secretary of Commerce nominee Howard Lutnick, appointed by Trump, has always hoped to popularize cryptos, and his company is reportedly planning to offer dollar loans to customers secured by bitcoin; ② He will collaborate with the stablecoin company Tether, with an initial project scale of 2 billion dollars and a final goal of hundreds of billions of dollars.
Block, Toast, FIS Downgraded as BNP Sees Sluggish Payment Volume Growth Persisting
Trump nominates Scott Bessent as the next Treasury Secretary of the United States.
Incoming usa President Trump stated that he will nominate Scott Bessent, founder of the macro hedge fund Key Square Group, as the next Secretary of the Treasury. "Scott has long been a strong advocate of the 'America First' agenda," Trump said in a statement on Friday. "He will help me usher in a new era of gold for the usa." Scott Bessent, who is 62 years old, would become one of the wealthiest Treasury Secretaries in modern history if confirmed by the usa Senate.