According to a market analysis published on the X platform by KobeissiLetter, Odaily Planet Daily, cryptocurrency ETFs are making a comeback. Last week, cryptocurrency funds recorded inflows of $1.1 billion, a seven-week high. Bitcoin led the inflows with a net inflow of $461 million, followed by ETH with a net inflow of $308 million. At the same time, investors withdrew $1.9 billion from shorting Bitcoin ETPs. The upward momentum of cryptocurrencies is returning, which analysts believe marks a reversal of the previous four-week streak of cumulative $4.7 billion in selling.
According to an article published on the X platform by Charles Gasparino, a Fox Business reporter, Wall Street and business insiders are making a final push to warn Trump about the problems that would arise from choosing Kevin Hassett as Federal Reserve Chairman. The argument from Wall Street and the business community is that, given the political nature of Hassett's job (Director of the National Economic Council) and his past experience, he lacks credibility among Fed staff and the markets, which seek independence from the Fed. Appointing Hassett would lead to higher long-term interest rates and throw the Fed into disarray. If Hassett manages to lower short-term interest rates through a split vote amid persistent inflationary pressures (as Trump desires), this would be seen as political interference and could trigger inflation. Mortgage and consumer rates are benchmarked against 10-year Treasury bonds, and a surge due to inflation concerns could slow the economy as the midterm elections approach. Of course, Trump may ignore all of the above and proceed unilaterally. Other candidates vying for the Fed chairmanship include Kevin Warsh and Fed Governor Christopher Waller, both of whom are potential contenders.
According to data released by US asset management company VanEck, as reported by Odaily, its total assets under management have reached $171.7 billion, with over $5.2 billion in digital assets under management, covering its full range of digital asset solutions. VanEck also announced an extension of the fee waiver period for its Bitcoin ETF from January 10, 2026, to July 31, 2026. (Businesswire)
Odaily Planet Daily reports that Polymarket announced the launch of its US app on the X platform, allowing US residents to trade on Polymarket for the first time. It is understood that Polymarket will initially launch a sports section, followed by market forecasting features covering all sectors.
According to Odaily Planet Daily, based on monitoring by on-chain analyst Ai Yi, a certain whale (0xE0e...19865) has entered the second phase of its accumulation: lowering the average price.
On September 25th, I bought 736 ETH at a high price of $4026, spending $2.96 million.
December 2-3: Bought an additional 2732 ETH at an average price of $2988, investing a total of $8.16 million.
To date, he has invested a total of $11.128 million to buy 3468 $ETH, with an average cost of $3208.8 and a floating loss of $420,000.
According to Odaily Planet Daily, U.S. stocks rose 5.5% in early trading on Wednesday, after a 38.8% plunge the previous day. Trump Media & Technology Group saw a slight decline, after rising as much as 1.3% in early trading on Wednesday.
According to Odaily, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated in an interview with Fox News that the Cryptocurrency Market Structure Act is nearing passage. If passed, the bill will finally bring much-needed regulatory clarity to the cryptocurrency industry.
Odaily Planet Daily reports that stablecoin-based cross-border remittance company Fin has announced the completion of a $17 million funding round, led by Pantera Capital, with participation from Sequoia and Samsung Next. The company has not yet disclosed the valuation of this round. It is understood that the company's app enables instant cross-border remittances, including large sums, aiming to solve the remittance problems for users worldwide. (Fortune)
According to Odaily Planet Daily, fintech blogger @oost_marcel revealed that Revolut, Europe's largest financial app with 65 million users, has launched "Street Mode," considered one of the smartest security upgrades in the fintech field this year. It is understood that due to a surge in mobile phone theft cases in Europe, criminal methods have also evolved: robbers now force victims to complete selfie verification before fleeing, a trend known as "transfer robbery." Revolut's solution is "context-aware security." This feature allows users to set "trusted locations" (such as home, office, hotel). Outside these areas, transfers exceeding limits trigger additional selfie verification and a 1-hour delay. This 1-hour window is crucial, allowing users or anti-fraud teams to freeze funds in time. In comparison, traditional bank security measures are static, while Revolut's "Street Mode" dynamically adjusts rules based on the environment, and over 1 million users have already activated its wealth protection features.
In response, Aave founder Stani commented, "With London's high crime rate, fintech companies are adjusting their products to improve user security."
Previously, it was reported that Uniswap now supports purchasing cryptocurrencies with Revolut, and that there are no transaction fees when purchasing cryptocurrencies using the built-in payment app Revolut pay.
According to Odaily Planet Daily, BlackRock CEO Larry Fink stated that the United States must accelerate its pace in tokenization and AI, as asset digitization will reduce friction in the financial system. The US is lagging behind India and Brazil in the digital economy.
Odaily Planet Daily reports that U.S. Treasury Secretary Bessant said Wednesday he plans to push for a requirement that the presidents of the 12 regional Federal Reserve Banks must reside in their respective districts for at least three years before being appointed to lead their regional banks. Bessant stated that he will push for the Federal Reserve Board of Governors in Washington to veto any candidates who do not meet this requirement. "The Fed Chair and the Board of Governors have the final say on the selection of regional bank board members," Bessant said. "Therefore, I believe... unless someone has resided in their district for at least three years, we will veto them." (Jinshi)
Odaily Planet Daily reports that asset management giant Franklin Templeton announced on its X platform that the Franklin Solana ETF (ticker symbol: SOEZ) is now available.
According to Odaily Planet Daily, U.S. Commerce Secretary Rutnick stated that U.S. GDP is expected to grow by over 4% in 2026, and tariffs were not the cause of the decline in ADP employment figures. The anomaly in October was due to the government shutdown. (Jinshi)
Odaily Planet Daily reports that Kaito AI officially announced on the X platform that eligible users and Kaito eco holders can now register for an airdrop via the @cysic_xyz option on the platform's "Airdrop" tab.
Kaito Ecological Qualification:
- Hold >5,000 sKAITO or YT-sKAITO metrics, and >5,000 metrics when using a time-weighted 7-day average;
- Yapybara holders receive a 10% bonus;
- Snapshot taken on November 24, 2025.
Please be sure to complete your registration before 9 PM Beijing time on December 7th.
Odaily Planet Daily reports that U.S. Treasury Secretary Bessenter stated that Trump's accounts are designed to make young people shareholders, and that the massive influx of funds into Trump's accounts will be monitored. He added that Trump's accounts mark the beginning of "shareholder economics." (Jinshi)
