According to Reuters, the European Stablecoin Alliance has appointed Jan-Oliver Sell, formerly of Coinbase in Germany, as CEO; Floris Lugt, head of digital assets at ING, as CFO; and Howard Davies, former chairman of NatWest Bank in the UK, as chairman. BNP Paribas has also joined the alliance.
Previously, it was reported that nine major European banks, including ING, Banca Sella, and KBC, announced in September this year that they would jointly launch a euro stablecoin project regulated by MiCA to counter the United States' dominance in the digital payments field.
According to BitcoinTreasuries.NET, Tidal Investments, an asset management company with $50 billion in assets under management, disclosed that it has purchased 351,619 shares of Strategy (MSTR), worth $60 million.
According to Odaily Planet Daily, TRON founder Justin Sun announced on the X platform that TRON and HTX have completed a donation of HK$10 million to the Tai Po Hung Fook Estate Relief Fund, supported by the Hong Kong SAR government, to support relief efforts related to the Tai Po fire in Hong Kong.
According to Cryptopolitan, Odaily reported that last week, Russian Deputy Finance Minister Ivan Chebeskov stated that financial regulators were prepared to abandon a single regulatory definition that only allowed a small group of "highly qualified" investors access to decentralized digital currencies such as Bitcoin and their derivatives. Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia, confirmed to reporters: "Indeed, our colleagues in the Ministry of Finance correctly pointed out that we are discussing the feasibility of using the term 'highly qualified' in the new cryptocurrency regulations." On Monday, in an interview, he explicitly stated that the Central Bank of Russia now believes it is "very likely" to relax regulations, adding: "In addition to targeting this extremely narrow group of investors, the rules for the circulation of crypto assets should also be relaxed, especially considering the current restrictions on Russian legal entities and individuals using conventional currencies for overseas payments."
According to Odaily Planet Daily, as of press time, the cumulative trading volume of Bitget's US stock futures contracts has exceeded $10 billion. Platform data shows that the top three most traded cryptocurrencies are Tesla (TSLA), Meta Platforms (META), and MicroStrategy (MSTR), with cumulative trading volumes of $2.72 billion, $2.14 billion, and $1.45 billion, respectively.
Previously, Bitget had launched over 30 U-base-margined US stock perpetual contracts, covering popular sectors such as technology and internet, semiconductors, financial trusts, aerospace, and consumer goods and catering. The platform supports flexible leverage from 1x to 25x, providing users with a more convenient experience than traditional brokerages and banks.
To lower the barrier to entry for users, Bitget is launching a limited-time commission discount for stock contracts. During the promotion period, users trading related stock contract pairs on the platform can enjoy a 90% reduction in commissions. The promotion will last until 23:59 (UTC+8) on January 31, 2026.
Odaily Planet Daily reports: The OECD expects the Federal Reserve to "gradually" lower its key interest rate to 3.25% to 3.5% by the end of 2026. (Jinshi)
According to Odaily Planet Daily, Sahara stated that rumors circulating in the market regarding "abnormal market maker operations" are untrue. Currently, the designated market makers for $SAHARA are Amber Group and Herring Global, and after verification, no abnormal behavior has been found from either party. The official statement also emphasized that the $SAHARA token smart contract remains completely secure and unchanged, and token management and custody remain entirely under the control of the Sahara Foundation.
Sahara's preliminary investigation indicates that the sharp price fluctuations were primarily caused by large-scale perpetual contract liquidations and a significant concentration of short positions during the event. The team is currently in direct communication with the relevant exchanges and will disclose further information once more verified.
According to Odaily Planet Daily, blockchain analyst Ai Yi reports that an address (0x2Eb...7B15) sold 3,000 ETH again within a week, worth $8.4 million. This address belonged to an ETH ICO participant, and the cost was $0.31.
In the past week, this address has deposited a total of 23,000 ETH into exchanges, which would yield a profit of $66.53 million if sold. Currently, its on-chain address has only 69.83 ETH remaining, worth approximately $195,000.
Gold prices retreated from a more than six-month high on Tuesday, with spot gold falling below $4,200 per ounce, partly due to rising US Treasury yields and profit-taking, while investors awaited US economic data to gauge the Federal Reserve's policy path. The benchmark 10-year Treasury yield remained near a two-week high, diminishing the appeal of gold as a non-interest-bearing asset. Tim Wot, chief market analyst at KCM Trade, noted, "Gold performed weakly today, but the fundamentals remain unchanged—including the expected Fed rate cut, which should support prices from a yield perspective." Market sentiment is cautious, with expectations that the Fed's preferred inflation gauge, the core PCE price index, to be released on Friday, will remain moderate. In addition, key US data this week includes Wednesday's November ADP employment report. (Golden Ten)
Odaily Planet Daily reports that MGBX has officially launched its first global KOL recruitment drive for the ECHO (Bring Your Little Brother) section, offering 25 slots to content creators and industry opinion leaders. The focus is on content creation, technical analysis, and ecosystem promotion. Selected KOLs will receive platform traffic support, ecosystem project airdrops, exclusive identity verification, and priority access to future ECHO ecosystem resources. Applications are now open and can be submitted through the MGBX website or the announcement link.
According to an official announcement, BitMart will launch RLSUSDT perpetual contracts on December 2, 2025 at 21:00 (UTC+8), supporting leverage up to 20x.
According to Odaily Planet Daily, on-chain analyst Ai Yi monitors that the address (0xa31...8aD1E) has been shorting altcoins since June of this year. Currently, out of 22 positions, only ENA is a long position and is showing a floating loss, while the remaining 21 short positions are profitable, with the ASTER short position showing a floating profit of $1.955 million. The total profit of this address account has exceeded $78.86 million.
According to Odaily Planet Daily, a blockchain analyst named Ai Yi reported that a whale that had shorted BTC four times since March 2025 reduced its holdings by 20 BTC again 15 minutes ago, making a profit of $501,000. Its cumulative profit this year has exceeded $57.58 million.
The whale's remaining short position of 1081.98 BTC still shows a floating profit of $26.83 million, with an opening price of $111,499.3 and funding costs exceeding $9.425 million. Currently, the whale has limit buy orders for 1300 BTC in the price range of $67,244 to $67,844.
According to official sources, Gate.com has launched RLS perpetual contract trading (USDT settlement), supporting leverage from 1x to 20x. It is also now available on the Gate Perp DEX.
Odaily Planet Daily reports that Bitget is launching a double reward program for ETH investment for its VIP users. During the promotion period, VIP users who purchase flexible ETH tokens through the Simple Earn or On-Chain Earn sections can enjoy up to 5% or 8% APR. Furthermore, if a user's cumulative ETH spot trading amount reaches 5,000 USDT, they will unlock 30,000 USDT. Transaction statistics include spot trading and instant swaps.
Detailed rules have been published on the Bitget official platform. Eligible users can click the "Join Now" button to complete the registration and participate in the event. The event will run from 18:00 on December 2nd to 18:00 on December 9th (UTC+8).
