Bitcoin's current adjustment: As the 'four-year major cycle' nears its end, the market anticipates liquidity release from the U.S. government reopening.

According to a Citi report, the cryptocurrency market crash on October 10 may have damaged investors' risk appetite. Inflows into U.S. spot ETFs have notably slowed in recent weeks. On-chain metrics indicate that large Bitcoin holders, or 'whales,' are gradually reducing their positions, while smaller retail wallets are increasing their holdings. Funding rates are also declining, reflecting weak demand for leverage. From a technical perspective, Bitcoin is now trading below its 200-day moving average, which could further dampen demand. Citi still believes that the adoption of digital currencies by financial advisors and other investors remains in its early stages, but spot ETF inflows will be a key indicator for monitoring shifts in market sentiment.

wallstreetcnNov 7 07:37

French Parliament Proposes New Cryptocurrency Legislation: Establishing a National Bitcoin Reserve with Plans to Acquire 2% of Global Supply

According to the proposed bill, France aims to purchase 2% of the total supply of Bitcoin, approximately 420,000 bitcoins, over the next seven to eight years. To achieve this goal, the bill outlines diversified funding sources, including mining with surplus electricity, liquidating confiscated assets, and allocating a portion of savings, while simultaneously advancing complementary tax and regulatory reforms.

wallstreetcnOct 30 00:23

12 Communication Services Stocks Moving In Friday's After-Market Session

BenzingaOct 25 05:06

Trump pardons Zhao Changpeng, potentially paving the way for Binance's return to the U.S. and reshaping the American digital currency market.

A presidential pardon has thrust the world’s largest cryptocurrency exchange, Binance, and its founder, Changpeng Zhao, back into the spotlight of the U.S. market. This move not only drove up the price of Binance's native token, $Binance Coin (BNB.CC)$, but also sparked intense discussions about the possibility of Binance re-entering the U.S. market, potentially reshaping the competitive landscape of the American digital asset market. On Thursday local time, Wall Street News reported that White House spokesperson Leavitt stated: U.S. President Trump, exercising the authority granted by the Constitution, issued a pardon to Mr. Zhao, who was one of the targets prosecuted by the Biden administration in what is termed the 'cryptocurrency war'... The Biden admin

wallstreetcnOct 24 09:00

Remodeling the Financial Infrastructure in the RWA Era: Insights from the Federal Reserve’s Open Payment System

In October 2025, a technical notice quietly released by the Federal Reserve triggered a chain reaction across global financial and cryptocurrency markets. According to a report by The Wall Street Journal on October 15, the Federal Reserve officially “proposed” allowing certain compliant stablecoin issuers, after meeting stringent scrutiny conditions, to directly access its core payment systems, FedNow and Fedwire. This proposal, named “Limited Access Primary Accounts,” means that some digital asset issuers will be incorporated for the first time into the “vascular network” of the U.S. sovereign currency clearing system. To the outside world, this move represents not only a regulatory “thaw” but also a realignment at the institutional level—marking the return of digital currencies from the fringes of finance to core infrastructure.

PANewsOct 24 04:35

Express News | The Wall Street Journal: Trump pardons Binance founder

BreakingsOct 23 23:12