Zohran Mamdani won the New York City mayoral election, and the cryptocurrency industry is watching closely to see how his administration will impact business.
JinseFinanceTelegram founder Pavel Durov warned that France is weakening due to growing censorship and tighter control over online speech. He said these actions are driving talent abroad and could lead to a major crisis if reforms are delayed.
WeatherlyOne analyst said a weaker dollar was part of a plan to repair the U.S. financial system.
JinseFinanceAB DAO 官方 Twitter 账号已完成升级，新账号 为：https://x.com/ABDAO_Global
AlexJanet Yellen's visit to China aimed to address China's dominance in the EV market and improve diplomatic relations, but definitive progress remains uncertain.
MiyukiJinseFinanceIn an interview on CNBC on Wednesday, Yellen pointed out that under U.S. law the SEC and the Commodity Futures Trading Commission have tools at their disposal to protect consumers and investors.
OthersThe U.S. Treasury Secretary said the crypto sector is in need of "very careful regulation" while some lawmakers are already preparing to propose tougher rules.
CoindeskChanges in the macro environment have reduced the pressure on risky assets, and there are also views that predict that the market will surrender Bitcoin at a price of $14,000, giving Bitcoin shorts "anesthetic hope."
CointelegraphTerra's UST dropped as low as $0.29 and Tether's USDT stablecoin briefly de-pegged from the dollar to hit $0.96 on Wednesday.
Cointelegraph