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according to market news: The state of Indiana in the United States has just proposed a bill allowing public pension funds to invest in Bitcoin.

[Indiana has just introduced a bill that would allow public pension funds to invest in Bitcoin.]according to market news: The state of Indiana in the United States has just proposed a bill allowing public pension funds to invest in Bitcoin.

Indiana has just introduced a bill that would allow public pension funds to invest in Bitcoin.

&nbsp;pre-market cryptocurrency concept stocks in the US stock market mostly fell, including: ·MSTR down 0.49%; ·COIN down 0.01%; ·HOOD down 0.06%; ·SBET down 0.63%; ·BMNR down 1.21%; ·CRCL down 0.33%.

[Cryptocurrency stocks generally fell in pre-market trading in the US, with BMNR down 1.21%.]&nbsp;pre-market cryptocurrency concept stocks in the US stock market mostly fell, including: ·MSTR down 0.49%; ·COIN down 0.01%; ·HOOD down 0.06%; ·SBET down 0.63%; ·BMNR down 1.21%; ·CRCL down 0.33%.

Cryptocurrency stocks generally fell in pre-market trading in the US, with BMNR down 1.21%.

yield on the US 10-year Treasury rose 2 basis points to 4.12%, reaching a new high since November 2020.

[The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.]yield on the US 10-year Treasury rose 2 basis points to 4.12%, reaching a new high since November 2020.

The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.

According to Arkham monitoring, within the past ten minutes, nearly 4 million dollars worth of PIGGY tokens were minted and immediately sold on the market, causing the token price to plummet by 90%.

[Nearly $4 million worth of PIGGY tokens were minted and then dumped on the market, causing the token price to plummet by 90%.]According to Arkham monitoring, within the past ten minutes, nearly 4 million dollars worth of PIGGY tokens were minted and immediately sold on the market, causing the token price to plummet by 90%.

Nearly $4 million worth of PIGGY tokens were minted and then dumped on the market, causing the token price to plummet by 90%.

U.S. Bank strategists warn that if the Federal Reserve takes an overly cautious attitude toward the economic outlook, it could jeopardize the year-end stock market rally. As the S&amp;P 500 index approaches historic highs, investors are hoping for the ideal scenario — the Federal Reserve cutting interest rates alongside easing inflation while the economy remains resilient. However, Bank of America strategist Michael Hartnett points out that if the Fed signals a dovish stance at next week's meeting, this optimism will be tested, as it may imply the economic slowdown is worse than expected. Hartnett wrote in a report: "The only thing that could kill the 'Santa Claus rally' is a dovish rate cut triggering a sell-off in long-term bonds." He is referring to longer-term U.S. Treasury bonds.

[Bank of America warns: Fed's dovish rate cut could end stock market rally]U.S. Bank strategists warn that if the Federal Reserve takes an overly cautious attitude toward the economic outlook, it could jeopardize the year-end stock market rally. As the S&amp;P 500 index approaches historic highs, investors are hoping for the ideal scenario — the Federal Reserve cutting interest rates alongside easing inflation while the economy remains resilient. However, Bank of America strategist Michael Hartnett points out that if the Fed signals a dovish stance at next week's meeting, this optimism will be tested, as it may imply the economic slowdown is worse than expected. Hartnett wrote in a report: "The only thing that could kill the 'Santa Claus rally' is a dovish rate cut triggering a sell-off in long-term bonds." He is referring to longer-term U.S. Treasury bonds.

Bank of America warns: Fed's dovish rate cut could end stock market rally

social media platform "X" was fined 120 million euros by the European Union for violating content regulations. The European Commission stated that X violated three provisions of the Digital Services Act and gave X 60 days to provide a solution and 90 days to implement it. (Jin10)

[Social media platform "X" has been fined €120 million by the European Union for violating content regulations.]social media platform "X" was fined 120 million euros by the European Union for violating content regulations. The European Commission stated that X violated three provisions of the Digital Services Act and gave X 60 days to provide a solution and 90 days to implement it. (Jin10)

Social media platform "X" has been fined €120 million by the European Union for violating content regulations.

seven departments including the China Internet Finance Association issued risk warnings on preventing illegal activities involving virtual currencies. "Recently, concepts related to virtual currencies have rapidly heated up. Some criminals have taken this opportunity to promote related trading speculation activities, using the guise of stablecoins, air coins (such as π coins), real-world asset (RWA) tokens, and 'mining' to carry out illegal fundraising, pyramid schemes, fraud, and other illegal activities. They also use virtual currencies to transfer illegal criminal proceeds, seriously infringing on the property safety of the public and disrupting the normal order of the economic and financial system. To further implement the requirements of the People's Bank of China, the Financial Regulatory Bureau, the China Securities Regulatory Commission, and other departments in the announcements on 'Preventing Risks of Token Issuance Financing' and 'Further Preventing and Handling Risks of Virtual Currency Trading Speculation,' and to implement the spirit of the coordination mechanism meeting on cracking down on virtual currency trading speculation, the China Internet Finance Association, China Banking Association, China Securities Association, China Securities Investment Fund Association, China Futures Association, China Listed Companies Association, and China Payment and Clearing Association jointly issued relevant risk warnings."

[Seven departments, including the China Internet Finance Association, issued a risk warning regarding preventing illegal activities involving virtual currencies.]seven departments including the China Internet Finance Association issued risk warnings on preventing illegal activities involving virtual currencies. "Recently, concepts related to virtual currencies have rapidly heated up. Some criminals have taken this opportunity to promote related trading speculation activities, using the guise of stablecoins, air coins (such as π coins), real-world asset (RWA) tokens, and 'mining' to carry out illegal fundraising, pyramid schemes, fraud, and other illegal activities. They also use virtual currencies to transfer illegal criminal proceeds, seriously infringing on the property safety of the public and disrupting the normal order of the economic and financial system. To further implement the requirements of the People's Bank of China, the Financial Regulatory Bureau, the China Securities Regulatory Commission, and other departments in the announcements on 'Preventing Risks of Token Issuance Financing' and 'Further Preventing and Handling Risks of Virtual Currency Trading Speculation,' and to implement the spirit of the coordination mechanism meeting on cracking down on virtual currency trading speculation, the China Internet Finance Association, China Banking Association, China Securities Association, China Securities Investment Fund Association, China Futures Association, China Listed Companies Association, and China Payment and Clearing Association jointly issued relevant risk warnings."

Seven departments, including the China Internet Finance Association, issued a risk warning regarding preventing illegal activities involving virtual currencies.

&nbsp;Aave community, through a temperature check vote on adjusting the V3 multi-chain deployment strategy, achieved a support rate of 99.96%. The proposal suggests shutting down Aave V3 deployments on zkSync, Metis, and Soneium, and setting a $2 million revenue threshold for new deployment chains. The Aave community will subsequently release a standard ARFC proposal.

[The temperature check vote for Aave's "Adjusting V3 Multi-Chain Deployment Strategy" has passed, and the ARFC proposal will be released subsequently.]&nbsp;Aave community, through a temperature check vote on adjusting the V3 multi-chain deployment strategy, achieved a support rate of 99.96%. The proposal suggests shutting down Aave V3 deployments on zkSync, Metis, and Soneium, and setting a $2 million revenue threshold for new deployment chains. The Aave community will subsequently release a standard ARFC proposal.

The temperature check vote for Aave's "Adjusting V3 Multi-Chain Deployment Strategy" has passed, and the ARFC proposal will be released subsequently.

&nbsp;according to Lookonchain monitoring, a whale (0x4825...61f4) bought 24,000 ETH 5 months ago at a price of $2,529, spending 60.7 million USDC. The whale's unrealized profit has dropped from a peak of over $55 million to $14.4 million but has not sold yet. 2 hours ago, the whale staked all 24,000 ETH.

[A whale holding 24,000 ETH has pledged all of its holdings.]&nbsp;according to Lookonchain monitoring, a whale (0x4825...61f4) bought 24,000 ETH 5 months ago at a price of $2,529, spending 60.7 million USDC. The whale's unrealized profit has dropped from a peak of over $55 million to $14.4 million but has not sold yet. 2 hours ago, the whale staked all 24,000 ETH.

A whale holding 24,000 ETH has pledged all of its holdings.

Solana co-founder toly posted on the X platform stating, "High valuation multiples precisely reflect the risks and opportunities of the entire industry. I believe the total market value of cryptocurrencies will continue to rise, and ultimately market value will inevitably be redistributed based on revenue-generating capabilities. To achieve this pattern, the industry will face a long and arduous battle for market share, and only those public chains that compete fully and aim to dominate the overall situation can ultimately survive."

[Solana co-founder: The total market capitalization of cryptocurrencies will continue to rise, and ultimately market value will be redistributed based on revenue capabilities.]Solana co-founder toly posted on the X platform stating, "High valuation multiples precisely reflect the risks and opportunities of the entire industry. I believe the total market value of cryptocurrencies will continue to rise, and ultimately market value will inevitably be redistributed based on revenue-generating capabilities. To achieve this pattern, the industry will face a long and arduous battle for market share, and only those public chains that compete fully and aim to dominate the overall situation can ultimately survive."

Solana co-founder: The total market capitalization of cryptocurrencies will continue to rise, and ultimately market value will be redistributed based on revenue capabilities.

China Ignores Mining Ban, Accounts for 14% of Global Hashrate: Fuels Bitcoin Hyper

Europe’s Largest Asset Manager Debuts First Ethereum-Based Tokenized Fund

Solana co-founder: The total market capitalization of cryptocurrencies will continue to rise, and ultimately market value will be redistributed based on revenue capabilities.

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