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The U.S. Securities and Exchange Commission has delayed decisions on the Canary spot PENGU ETF and the Grayscale spot Cardano ETF. This marks another pause in the approval process for U.S. exchange-traded funds that provide direct exposure to cryptocurrency prices. The applications aim to expand mainstream participation in crypto investing. However, regulators have chosen to … <a href="https://beincrypto.com/sec-delays-crypto-etfs-decision/">Continued</a>
Share link:In this post: Elon Musk’s xAI sued Apple and OpenAI for allegedly colluding to block AI competition in smartphones and app rankings. The lawsuit says Apple boosts ChatGPT on its devices while suppressing rivals like xAI’s Grok in the App Store. Sam Altman and OpenAI deny wrongdoing and accuse Elon of harassment and manipulation through X.
Share link:In this post: Porsche will no longer produce high-performance EV batteries at its Cellforce unit. About 200 of nearly 300 Cellforce jobs will be cut as the unit focuses on research and development. European automakers are struggling to compete with Asia’s dominance in battery production.
Finance Minister Kato discussed Japan’s Web3 era financial reforms, crypto regulations, stablecoin adoption, tax measures, and public-private collaboration to strengthen global competitiveness and support innovation in the country’s evolving crypto ecosystem.
- 20:39Data: GLMR rises over 14%, CHZ hits today's new highAccording to ChainCatcher, spot market data from a certain exchange shows significant market fluctuations. GLMR has surged by 14.81% over the past 24 hours, also entering a slight upward trend over the past 2 hours. CHZ has also performed well, rising by 9.09% and reaching a new high for the day. On the other hand, BAT experienced a "rally and pullback" pattern, dropping 6.36% in 24 hours. DCR also showed a "rally and pullback" trend, with a decline of 6.73%. IDEX and CHESS fell by 7.64% and 5.51% respectively, while USTC saw a significant drop of 14.5%.
- 20:33Data: The market cap of euro stablecoins has doubled in the past year, reaching approximately $683 million.BlockBeats News, December 6, according to Coingecko data, the market capitalization of euro stablecoins has doubled in the year since the EU's Markets in Crypto-Assets Regulation (MiCA) came into effect, with a current total market cap of approximately $683 million. However, there is still a huge gap compared to the over $30 billion market cap of USD stablecoins. The "2025 Euro Stablecoin Trend Report" released by London-based payment company Decta points out that recent growth in euro stablecoins has mainly concentrated on a few leading tokens. For example, EURS market cap grew by 6.44%, while Circle's EURC and Société Générale's EURCV also achieved significant growth, with trading volumes increasing by 1139% and 343%, respectively. Search activity for euro stablecoins has surged across the EU, with Finland up 400%, Italy up 313.3%, and smaller but steady growth seen in markets such as Cyprus and Slovakia.
- 20:33Two major whales place large bets on bitcoin's price movement, taking opposite long and short positions against each otherBlockBeats News, on December 6, according to monitoring by Lookonchain, a whale "0x50b3" opened a 20x leveraged long position on bitcoin, with a position value of $27.5 million, an entry price of $89,642.7, and a liquidation price of $83,385. Another whale "0x9311" simultaneously opened a 40x leveraged short position on bitcoin, with a position value of $20 million, an entry price of $89,502.7, and a liquidation price of $95,114.