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1. Big Brother Ma Ji added multiple ETH positions to 13.16 million US dollars 2. Rich Dad author predicts BTC target price of $250000 3. CFTC plans to allow stablecoins to be used as collateral in the derivatives market 4. US public pension funds begin to adopt Bitcoin investments 5. US government shutdown may lead to negative GDP in the fourth quarter 6. The National Virus Center reports a Bitcoin theft incident, with 127272 stolen coins 7. CME predicts a 67% probability of interest rate cuts in December The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/499162
[U.S. Senate May Vote on Temporary Funding Measures on the Morning of the 10th] On November 10, U.S. Senate Majority Leader Thune announced a potential agreement, after which the Senate Appropriations Committee released three proposals aimed at ending the government shutdown. It is expected that the Senate will first vote on the temporary funding resolution passed by the House of Representatives, followed by amendments to include full-year appropriations measures and a longer-term funding extension plan, as well as a Democratic healthcare policy voting agreement. The Senate may vote on the temporary funding measures as early as the morning of the 10th (UTC+8), requiring 60 votes to advance. A Democratic core caucus meeting is scheduled for 6 a.m. on the 10th (UTC+8), and the outcome of the meeting may influence the resolution of the shutdown. The short-term funding bill is expected to have sufficient support from Democratic senators.
Caroline Pham, Acting Chair of the Commodity Futures Trading Commission (CFTC), has confirmed that efforts to promote leveraged spot cryptocurrency trading into US exchanges may begin as early as next month. (Cointelegraph)
[Five Spot XRP ETFs Listed on DTCC Website] As of now, five spot XRP ETFs launched by Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares have appeared on the website of the Depository Trust & Clearing Corporation (DTCC) in the United States. These include Franklin XRP Trust (XRPZ), 21Shares XRP ETF (TOXR), Bitwise XRP ETF (XRP), Canary XRP ETF (XRPC), and CoinShares XRP ETF (XRPL). These ETFs are expected to be listed in the United States later this month.
[New York Fed President Williams: December Rate Decision Will Need to Weigh Multiple Factors] New York Fed President Williams stated that the financial pressures faced by U.S. middle- and low-income groups could pose a threat to the resilience of the U.S. economy, while wealthy households have benefited from the stock market boom. He pointed out that the December rate decision will be a balancing act and emphasized that the current inflation level remains high, with no signs of a downward trend yet. He also mentioned that middle- and low-income households are constrained in terms of affordability, which poses risks to consumer confidence and spending.
The US government currently holds $20.56 billion worth of cryptocurrency, of which $20.42 billion is Bitcoin. (Cointelegraph)