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- Algo (ALGO) fell 0.69% in 24 hours to $0.1434, contrasting with 5.52% weekly gains but a 57.16% annual decline amid crypto market uncertainty. - Switzerland delayed CARF crypto reporting rules until 2027, citing stalled international data-sharing talks, hindering global regulatory alignment. - Bonk (BONK) launched Europe's first ETP on SIX Swiss Exchange, enabling traditional investors to access memecoins without digital wallets. - Ethereum prepares December 3 gas limit upgrade to 60M, enhancing layer-2
- XRP rebounds above $2.20 as buyers defend key support, supported by $107.92M in ETF inflows and rising institutional confidence. - Technical analysis highlights a bullish "Staircase to Valhalla" pattern, with $2.26-$2.52 resistance levels and Fibonacci targets signaling potential for $2.69. - Derivatives data shows aggressive long-positioning (OI: $4.11B), with Binance's 2.56 long-short ratio and 57% options OI surge reinforcing bullish momentum. - Institutional ETF conversions (e.g., Grayscale Zcash) an
- Switzerland delays crypto tax data-sharing until 2027, highlighting global regulatory fragmentation amid CARF adoption challenges. - Two-phase approach prioritizes domestic law alignment before reciprocal agreements with key economies like U.S., China, and Saudi Arabia. - 75 CARF signatories progress unevenly, with U.S. and Brazil proposing alternative frameworks, complicating cross-border compliance. - Swiss crypto firms face operational risks during transition, as critics warn of regulatory arbitrage b
- Thailand imposes 0% capital gains tax on local crypto trading (2025-2029) to boost its digital economy and attract investors. - The policy aligns crypto profits with tax-exempt stock trading, supported by a 2024 Bitcoin ETF and Tourist DigiPay pilot for foreign visitors. - Regulatory caution is evident through biometric data shutdowns and PDPA compliance, balancing innovation with security amid regional competition. - Projected $1B annual economic gains aim to position Thailand as a top Southeast Asian c
- Webster , NY, secured a $9.8M FAST NY grant to transform the former Xerox campus into a shovel-ready industrial hub, part of Governor Hochul’s upstate revitalization strategy. - Infrastructure upgrades, including road and sewer improvements, aim to attract advanced manufacturing and logistics firms by reducing development risks and costs. - The Xerox campus redevelopment includes mixed-use projects, projected to create 250 jobs and boost property values through residential and commercial integration. - W
- Webster , NY, leverages public-private partnerships to drive real estate and industrial growth through $4.5M downtown revitalization and $9.8M infrastructure upgrades. - Brownfield Opportunity Area designations and waterfront projects unlock underused land, attracting $650M fairlife® facility and mixed-use developments with state-funded remediation. - Strategic infrastructure investments at Xerox campus and Sandbar Waterfront enhance industrial readiness and property values, creating scalable opportuniti
- Switzerland delays crypto tax data sharing until 2027, aligning with global regulatory reevaluations amid evolving tech and market dynamics. - SGS acquires Australia's Information Quality to boost digital revenue, reflecting Swiss firms' expansion into tech-driven compliance solutions. - Canada's Alberta oil sands policy shift highlights governments prioritizing economic growth over strict climate regulations, mirroring Switzerland's approach. - BridgeBio's precision medicine and Aires' EMF solutions dem
- Switzerland delays crypto tax data sharing with international partners until 2027, contrasting with global regulatory efforts to close offshore loopholes. - The U.S. advances implementation of the OECD's CARF framework, aiming to automate reporting on foreign crypto accounts by 2029. - CARF requires foreign exchanges to report U.S. account details, mirroring traditional tax standards and targeting crypto tax evasion. - Switzerland's privacy-focused stance highlights tensions between financial confidentia
- Reliance Global Group, a Nasdaq-listed fintech firm, shifted its entire crypto portfolio to Zcash (ZEC), divesting Bitcoin , Ethereum , and other major coins. - The strategic pivot, announced November 25, prioritizes Zcash's privacy-focused zk-SNARKs technology for institutional compliance and selective data disclosure. - Zcash's 1,200% 90-day price surge and Grayscale's ETF filing highlight growing institutional interest in privacy-centric assets. - The move reflects broader crypto industry trends towar
- Bitcoin Fear & Greed Index rose to 22 from 20, indicating slight easing of extreme fear but persistent bearish sentiment. - Bitcoin stabilized near $87,000 after hitting $80,553, yet remains below key resistance levels amid $3.5B ETF outflows. - Structural factors like leverage and liquidations drive selloffs, with ETF redemptions correlating to 3.4% price drops per $1B outflow. - Analysts note oversold technical indicators and waning retail capitulation as potential inflection points for near-term rebou
- 09:59Hong Kong SFC launches staff fundraising campaign to support victims of the Tai Po fireChainCatcher news, the Hong Kong Securities and Futures Commission (SFC) has launched an employee fundraising campaign to support the victims of the Tai Po fire. The SFC stated that as a public institution, it will join hands with all sectors of society to provide support to the victims and their families during this difficult time. The SFC calls on all employees to actively participate in the fundraising campaign and to voluntarily provide any form of assistance to those in need. The SFC will donate all proceeds from this fundraising campaign, together with the budget originally allocated for the annual staff dinner (which was scheduled for December but has now been canceled), to the "Tai Po Wang Fuk Court Assistance Fund" established by the Hong Kong SAR Government.
- 09:55Analysis: US stock indices set to end winning streak, rare November decline expectedJinse Finance reported that the US stock market was closed on Thursday for Thanksgiving and will reopen on Friday until 1:00 PM Eastern Time (2:00 AM the next day in UTC+8). According to CNBC, with only about three hours of trading left this month, the major US stock indexes are set to end November with losses. As of Wednesday's close this month, the S&P 500 index has fallen by 0.4%, the Dow Jones by 0.29%, and the Nasdaq by 2.15%. Unless there is a significant rally in the shortened trading session on Friday, US stock indexes are about to end their winning streaks: the S&P 500 and Dow Jones have risen for six consecutive months, and the Nasdaq for seven. This would also mark a deviation from historical norms. According to Stock Trader's Almanac, since 1950, the S&P 500 has averaged a 1.8% gain in November. In US presidential election years, the index typically rises by 1.6%. However, this year is not a typical presidential election year. In the coming months or even years, it will be difficult to see the market follow any historical trajectory.
- 09:50Data: "Machi" Huang Licheng partially took profit on ETH long positions, with orders placed yesterday in the $3,050 to $3,100 range.ChainCatcher News, according to HyperInsight monitoring, a portion of the ETH take-profit orders placed by Huang Licheng yesterday were executed, resulting in a profit of approximately $90,000. Currently, his ETH long position size is about $22.63 million, with an unrealized profit of $700,000 (78%), and an average entry price of $2,962. He also holds a HYPE long position, with a position size of about $6.24 million and an unrealized profit of $240,000 (40%). This address deposited approximately $1 million into Hyperliquid on the evening of the 24th, subsequently opening an ETH long position at $2,822 with a position size of about $13.5 million. In recent days, he has been continuously closing and rolling over positions, and yesterday partially closed positions in the $3,050 to $3,100 range.