The UK Financial Conduct Authority (FCA) issued a warning to Pump.fun. In the warning, the FCA stated: "The company (Pump.fun) may provide or promote financial services or products without our permission. You should avoid dealing with the company and be wary of scams."

Grayscale posted on the X platform that as of December 4, 2024, the Grayscale DeFi Fund has not added or deleted any new tokens, and the assets and weights are: UNI (57.8%), AAVE (18.86%), MKR (9.47%), LDO (9.04%), SNX (4.83%).

On Dec 06, 2024, 15:59 PM(UTC). According to Binance Market Data, BNB has crossed the 730 USDT benchmark and is now trading at 730.289978 USDT, with a narrowed 0.78% increase in 24 hours.

John Choong, head of markets and research at Investors Edge, said that after the release of the November non-farm payrolls report, the market predicted that the Federal Reserve had a more than 90% chance of cutting interest rates this month, which was beyond market expectations. Traders seemed to be focusing on the fact that the U.S. job market, while not cooling, showed no signs of heating up either. But Choong interpreted the data differently. He believed that the November non-farm payrolls data showed that last month's weakness was only a temporary phenomenon caused by the hurricane, and the U.S. labor market was resilient. The Fed needs to "thread the needle" carefully because they cannot cut interest rates too early if inflation remains high. He expects expectations of rate cuts to be repriced "because the strength of today's data challenges the view of a December rate cut." (Jinshi)

U.S. spot Bitcoin ETFs now hold more BTC than Satoshi Nakamoto, surpassing 1.1 million BTC in total holdings in less than a year. source: https://coincu.com/295682-us-spot-bitcoin-etfs-now-hold-more-than-satoshi

Fed's Goolsbee said that interest rates will be "a little lower" in a year, but would not pre-commit to the December meeting decision. There are still several data to be released, including inflation and consumer spending. The Fed will hold a series of meetings, hovering between cutting and not cutting interest rates. Overall inflation progress remains encouraging, and it is still believed that the United States is on the road to the 2% inflation target. (Jinshi)

The post Former NY Fed President Argues Bitcoin Could Undermine USD, Suggests Prioritizing Regulatory Framework appeared first on Coinpedia Fintech News Bitcoin has recently surged past $100,000 following Donald Trump‘s election victory. Amidst broader market sentiments, the crypto community eagerly anticipates that Trump administration will prove to be pro-crypto and will stand behind his... source: https://coinpedia.org/news/former-ny-fed-president-argues-bitcoin-could-undermine-usd-suggests-prioritizing-regulatory-framework/

According to market news, pump.fun has banned access from the UK market. According to the screenshot of the relevant notification, if you visit pump.fun in the UK, you will be prompted that the website is currently not open to UK users according to UK laws and regulations, and it will also remind users to withdraw tokens stored in private wallets.

Ethereum (ETH) has officially breached the critical $4,000 resistance level on Binance, marking a significant milestone in its ongoing bull run. With strong technical indicators, record-setting ETF inflows, and robust staking activity, Ethereum (ETH) continues to build momentum as it eyes further price gains. Here’s a breakdown of what’s driving ETH's bullish trajectory and what investors can... source: https://www.binance.com/en/square/post/17207804120074?utm_source=BinanceNewsRSS

Ethereum (ETH) has officially breached the critical $4,000 resistance level on Binance, marking a significant milestone in its ongoing bull run. With strong technical indicators, record-setting ETF inflows, and robust staking activity, Ethereum (ETH) continues to build momentum as it eyes further price gains. Here’s a breakdown of what’s driving ETH's bullish trajectory and what investors can expect next.Key Price Milestones and Technical OutlookCurrent Price (Binance): $4,016Resistance Levels: $4,050 and $4,120Support Zones: $3,905 and $3,770Ethereum's (ETH) move above $4,000 has been fueled by strong technical indicators, including a recent golden cross where the 50-day SMA crossed above the 200-day SMA. Historically, golden crosses have preceded significant price rallies, further solidifying the bullish sentiment surrounding ETH.The 4-hour chart highlights a rising channel pattern, with RSI stabilizing at 61, indicating healthy momentum. The next key resistance sits at $4,050, with a potential path toward $4,120 as upward momentum builds.Institutional Inflows Signal Growing ConfidenceEthereum’s (ETH) bullish breakout comes on the back of unprecedented inflows into U.S.-listed spot Ether ETFs. Over the past two weeks, these ETFs have accumulated over $1.3 billion in investments, with $432 million recorded in a single day on December 5.Top ETF Inflows on December 5:BlackRock iShares Ethereum Trust: $296 millionFidelity Ethereum Fund: $114 millionGrayscale Ethereum Mini Trust: $30 millionThe sustained inflows underscore rising institutional interest, driven by Ethereum’s critical role in DeFi, staking, and the broader blockchain ecosystem.Staking Activity and Whale AccumulationEthereum’s (ETH) staking activity has surged alongside its price. In just two days, over 113,000 ETH were added to staking protocols, reflecting increased investor confidence in long-term holding. Additionally, whale activity has intensified, with large holders increasing their holdings by 7% over the past fortnight.Exchange reserves have declined by 2%, dropping from 10.79 million ETH to 10.57 million ETH. This combination of whale accumulation and reduced exchange liquidity often signals further upward price pressure, as supply diminishes while demand grows.Impact of Bitcoin’s $100K MilestoneBitcoin’s (BTC) rise to $100,000 has bolstered market sentiment across the crypto space, driving renewed interest in altcoins like Ethereum. With President-elect Donald Trump signaling pro-crypto policies and appointing crypto-friendly figures like Paul Atkins to head the SEC, the market is witnessing a surge of institutional interest.Ethereum, often regarded as the second-best digital asset after Bitcoin, has capitalized on this momentum. Its versatility in DeFi and staking positions it as a key player in the evolving financial ecosystem, drawing investors seeking diversification beyond Bitcoin.Golden Cross and Technical StrengthEthereum’s first golden cross of 2024 adds a layer of technical validation to its bullish trend. The last time ETH experienced a golden cross, in November 2023, the price surged from $1,900 to over $4,000 within a few months. With Ethereum already above $4,000, this pattern suggests further upward potential as market conditions remain favorable.What’s Next for Ethereum?Ethereum’s current trajectory indicates a strong possibility of further gains. The next critical resistance levels are at $4,050 and $4,120, while support at $3,905 and $3,770 provides a safety net against short-term retracements. Sustained ETF inflows, rising staking activity, and whale accumulation suggest that Ethereum’s rally is far from over.Analysts anticipate that Ethereum could soon test its all-time high of $4,891, achieved in November 2021. With Bitcoin’s milestone boosting overall market sentiment, Ethereum is poised to benefit from the broader crypto rally.Ethereum’s rise above $4,000 marks a pivotal moment in its 2024 bull run, driven by institutional demand, strong technical indicators, and increasing staking activity. While volatility remains a factor, Ethereum’s fundamentals and market dynamics suggest a promising path toward higher price levels, with $4,050 and beyond in its sights.Related News:Ethereum Ecosystem Tokens Surge, DYDX Rises Over 26% in 24 HoursUpcoming CPI Inflation Report May Impact Federal Reserve's 2025 Rate ForecastRetail Investors Return to Market as Long-Tail Asset Liquidity Increases

It is a bold prediction that the NFT Renaissance in this cycle, which started with the doubling of the Ape floor price, will be triggered by the Fat Penguin's airdrop this month.

Make America's Tokens Great Again

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

What is the logic driving this wave of DEX bonus market? What is the entry point of SynFutures in providing contract trading opportunities for early MEME coins?

The DeFi market has seen a remarkable recovery over the past four months, with market capitalization increasing from $70.5 billion to $132.4 billion and tokens gaining an average of 87%.

For newcomers to the Web3 industry, airdrops are a good way to learn.

ACT and BNB hit new highs and set off a market boom: Data reveals the effect of Binance listing. Golden Finance analyzes Binance’s new coin yield performance in November and its listing strategy.

Recommended readings tonight: 1. Who is David Sacks, the first "crypto and AI czar" in the United States? What projects has he invested in? 2. Pantera: The trillion-dollar stablecoin market - stacks and future opportunities; 3. BTC breaks through $100,000, and the altcoin season has arrived;

With the development of blockchain technology and the crypto market, Meme coins have gradually become an important part of crypto assets. LBank Labs, MetaEra and Bee Network jointly released the "Top Ten Popular Meme Coins in 2024".

Bitcoin has reached a new all-time high, surpassing $100,000, while CZ remains unaffected by the surge, holding onto the same amount of Bitcoin. Binance Coin (BNB) also hit a record high, but CZ’s focus remains on Bitcoin’s long-term value rather than its fluctuating price.