Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Cointime News Wrapup-Afternoon Version: Crypto Investors Spent $4.6B Buying 'Pump and Dump' Tokens Last Year
To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.
ALT5 Sigma, the reserve company partner of the Trump family’s cryptocurrency project "World Liberty Financial" (WLFI), stated in a filing submitted to the U.S. Securities and Exchange Commission (SEC) that its CEO was officially suspended on October 16, but internal emails show that the company’s board had actually placed him on temporary leave as early as September 4. Several securities regulatory experts indicated that this significant discrepancy in timing may have violated information disclosure rules. The enclosed emails also revealed that Chief Revenue Officer Vay Tham was simultaneously placed on leave because a special committee of the board is investigating certain matters related to the company. According to SEC regulations, publicly listed companies must disclose within four trading days (Form 8-K) after a significant change occurs in the actual performance of executive duties, and if a company deliberately submits false or misleading information, it may constitute a violation of anti-fraud regulations.
market shows BTC briefly fell below $83,000, currently at $83,098.73, with a 24-hour decline of 8.11%. The market is highly volatile, please manage your risk accordingly.
according to foreign media, traders increased their bets on the Federal Reserve cutting interest rates for the third consecutive time at the December meeting on Friday, as Fed's Williams stated that the Fed may cut rates "soon." Short-term interest rate futures currently reflect a 57% chance of a Fed rate cut in December, much higher than the previous below 50%.
market shows BTC breaking through $84,000, currently at $84,020.34, with a 24-hour decline of 8.64%. The market is highly volatile, please manage your risks accordingly.
Polymarket data shows that "the probability of the Federal Reserve cutting interest rates by 25 basis points in December has risen to 61%," while the probability of keeping rates unchanged has fallen to 36%. The trading volume for this prediction event has reached 136.2 million USD.
according to Coinglass data, the total liquidation amount across the network in 24 hours has exceeded 2 billion USD, currently reaching 2.188 billion USD, with long position liquidations at 2.04 billion USD, short position liquidations at 148 million USD, a total of 422,614 people liquidated globally, and the largest single liquidation occurred at Hyperliquid.
according to market news: Strategy Executive Vice President Shao Wei-Ming has just sold another 5,200 shares of MSTR stock at $202 per share, cashing out $1 million.
All Comments