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Wu Blockchain· 2025-12-03 03:41
Former SEC Chairman Gary Gensler said in a Bloomberg interview that all cryptocurrencies, except Bitcoin, are high-risk and speculative assets, emphasizing that most tokens lack fundamental support. Gensler noted that Bitcoin is closer to a commodity from a regulatory perspective, while the thousands of other tokens should be approached with caution by investors. https://t.co/vyTwnxaPF6 ...
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Wu Blockchain· 2025-12-03 03:26
Coinbase Institutional states that while the end of quantitative tightening and the Fed's return to the bond market have improved liquidity, which theoretically benefits the crypto market, Bitcoin remains under pressure. BTC has broken key bull market support, options sentiment has turned bearish, OG whales continue to sell, spot ETFs have seen significant net outflows, and treasury activity (DATs) has notably slowed. https://t.co/K1E8S6anXg ...
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Wu Blockchain· 2025-12-03 03:14
Bitwise's latest data shows that Ethereum treasuries (DAT) purchased only 370,000 ETH in November, a dramatic 81% drop from the August peak of 1.97 million ETH. The treasury model, once seen as a successor to the "altcoin season," is rapidly losing momentum. Bitwise points out that with mNAV continuing to decline and weakening buying power, small treasuries are falling into a death spiral due to their inability to secure funding. https://t.co/cRn9HBrEba ...
X @Wu Blockchain
Wu Blockchain· 2025-12-03 02:47
Regulatory Landscape - South Korean government and National Assembly are progressing with the second phase of digital asset legislation, known as the "Digital Asset Basic Act" [1] - The proposed legislation restricts stablecoin issuers to consortiums where banks hold at least 51% of the shares [1] - The Digital Asset Special Task Force (TF) within the Democratic Party has largely confirmed this proposal [1]
X @Wu Blockchain
Wu Blockchain· 2025-12-02 23:34
Mark Moss: How Much Bitcoin Does Most People Need to Retire Financially FreeAmerican entrepreneur and venture capitalist Mark Moss shared unique insights on the question "how much Bitcoin one needs to hold to achieve financial freedom after retirement" during an interview with Coin Stories host Natalie Brunel on October 14th. He argued that the traditional logic of "selling assets for retirement" is flawed, noting that the core strategy of wealthy individuals lies in accumulating assets and leveraging debt ...
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Wu Blockchain· 2025-12-02 20:38
According to Bloomberg, Strategy Inc CEO Phong Le said the company’s new $1.4 billion cash reserve can cover about 21 months of dividend and interest payments — extendable to two years — reducing the need to sell any of its roughly $59 billion in Bitcoin during market volatility. He added that if market pressures intensify, Strategy may consider lending out some of its Bitcoin as more traditional financial firms enter the space. https://t.co/GX3c8D7Lc3 ...
X @Wu Blockchain
Wu Blockchain· 2025-12-02 19:51
Coinbase announced that it has added Humidifi (WET), zkPass (ZKP), Plume (PLUME), Hyperlane (HYPER), and Jupiter (JUPITER) to its asset listing roadmap. https://t.co/Q1zg7oWczP ...
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Wu Blockchain· 2025-12-02 17:56
According to Reuters, a group of 10 European banks including ING, UniCredit and BNP Paribas has formed a new company, Qivalis, to launch a euro-denominated stablecoin in the second half of 2026, aiming to counter the U.S. dominance in digital payments. Qivalis is applying for an Electronic Money Institution (EMI) licence from the Dutch central bank. https://t.co/1svnihrmxO ...
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Wu Blockchain· 2025-12-02 15:47
Cathie Wood: AI Is Still in Its Early Stage, With a Productivity Inflection Point ApproachingCathie Wood, CEO of ARK Invest, stated at the ARK November Fund Monthly mARKet Update on November 20, 2025, that the lack of obvious productivity gains from AI in enterprises is due to the longer timelines required for large-scale organizational restructuring, rather than evidence of an AI bubble. She emphasized that AI adoption on the consumer side has already accelerated significantly, and corporate leadership is ...
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Wu Blockchain· 2025-12-02 15:07
Market Expansion & Acquisition - Kraken acquires Backed Finance, a tokenized asset platform [1] - Backed Finance holds approximately 23% market share in public stock tokenization [1] - Kraken plans to further integrate tokenized U S equities and related products into its trading platform [1] Company Valuation & Future Plans - Kraken is valued at around $20 billion [1] - Kraken is preparing for a 2026 IPO (Initial Public Offering) [1]