Overview of important events on the evening of January 9th
1. Ripple President: XRP could be the next crypto spot ETF;
2. Canadian Prime Minister candidate Pierre Poilievre supports cryptocurrency and DeFi;
4. Industry insiders: The market widely expects that the U.S. Securities and Exchange Commission will relax regulations in 2025;
5. A certain whale deposited 300 WBTC into CEX before news of "U.S government approval to sell BTC" came out;
6. US CFTC Chairman: Crypto legislation takes time, acting chairman will play a role in future regulatory changes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
RootData: BIO will unlock tokens worth about $1 million in one week
