On the evening of December 29, the cryptocurrency market and related industries received multiple key updates.
In the tech giant sector, Intel sold 214.8 million shares of Nvidia in a transaction valued at $5 billion, reflecting significant changes in the chip industry.
Regarding the Bitcoin market, the BTC premium index of a leading compliant exchange has maintained a negative premium for 15 consecutive days, currently at -0.0858%, indicating a calm market sentiment. Meanwhile, the crypto fund Trend Research aggressively increased its ETH holdings within 7 hours, adding 6,748 ETH in a single purchase and accumulating over 27,000 ETH, signaling institutional confidence in Ethereum.
On the policy front, South Korea plans to adjust its virtual asset regulatory framework, lowering the "traceability rule" threshold to below 1 million Korean Won to further regulate the market. Hong Kong will also fully implement new banking capital rules starting January 1, based on the Basel Committee's crypto regulatory framework, marking progress in compliance in the region.
Notably, there have also been new developments in domestic legal matters. Authoritative legal journals have stated that topics such as digital transactions, electronic currencies, and virtual assets will be incorporated into core considerations of the rule of law, reflecting the industry's move toward standardization.
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GhostWalletSleuth
· 22h ago
Institutions are hoarding ETH like crazy. Are they sending us a secret signal?
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LayerHopper
· 22h ago
Institutions are aggressively buying ETH, this pace feels off... Are they accumulating or are they genuinely optimistic?
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NightAirdropper
· 22h ago
This move by the institution is really bottom-fishing for ETH, 27,000 tokens is not a small number... The Hong Kong regulatory framework has been implemented, and it seems this year is indeed a policy year.
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FreeMinter
· 22h ago
Institutions are疯狂吸ETH, is it really about to take off?
What does the 15-day negative premium indicate? Retail investors are still cutting losses, right?
Intel selling NVIDIA stocks, this show is quite interesting.
The Hong Kong regulatory framework has been implemented, and the landscape will be set by 2025.
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GasFeeBeggar
· 22h ago
Another batch of policy benefits, but BTC is still at a negative premium... Institutions are aggressively buying ETH, this pace is quite interesting.
On the evening of December 29, the cryptocurrency market and related industries received multiple key updates.
In the tech giant sector, Intel sold 214.8 million shares of Nvidia in a transaction valued at $5 billion, reflecting significant changes in the chip industry.
Regarding the Bitcoin market, the BTC premium index of a leading compliant exchange has maintained a negative premium for 15 consecutive days, currently at -0.0858%, indicating a calm market sentiment. Meanwhile, the crypto fund Trend Research aggressively increased its ETH holdings within 7 hours, adding 6,748 ETH in a single purchase and accumulating over 27,000 ETH, signaling institutional confidence in Ethereum.
On the policy front, South Korea plans to adjust its virtual asset regulatory framework, lowering the "traceability rule" threshold to below 1 million Korean Won to further regulate the market. Hong Kong will also fully implement new banking capital rules starting January 1, based on the Basel Committee's crypto regulatory framework, marking progress in compliance in the region.
Notably, there have also been new developments in domestic legal matters. Authoritative legal journals have stated that topics such as digital transactions, electronic currencies, and virtual assets will be incorporated into core considerations of the rule of law, reflecting the industry's move toward standardization.