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Wang Yongli, former vice president of the Bank of China: Why did China resolutely halt stablecoins?
China has clearly stated its policy orientation of accelerating the development of the digital yuan and curbing virtual currencies such as stablecoins, aiming to safeguard monetary sovereignty and financial system stability and avoid the risks associated with following the path of US dollar stablecoins.
PA荐读
20 hour ago
PA Daily | Seven Chinese associations jointly issue risk warning for virtual currencies; US September core PCE falls short of expectations, paving the way for further Fed rate cuts.
BlackRock's Bitcoin ETF recorded its longest consecutive weekly net outflow, accumulating $2.7 billion over five weeks; Coinbase predicts a recovery in the crypto market in December; the HumidiFi (WET) token sale resumed at 11 PM on December 8th.
PA日报
17 hour ago
The two wallets actively built positions before and after the PIPPIN price surge, purchasing a total of $1.5 million worth of tokens in the past day.
The two wallets actively built positions before and after the PIPPIN price surge, purchasing a total of $1.5 million worth of tokens in the past day.
PA一线
17 hour ago
Caixin: Last year, 3,032 people were prosecuted for money laundering related to cryptocurrencies; establishing a firewall against virtual currencies is necessary to protect normal economic and trade a
Caixin: Last year, 3,032 people were prosecuted for money laundering related to cryptocurrencies; establishing a firewall against virtual currencies is necessary to protect normal economic and trade activities.
PA一线
14 hour ago
Wu Qing, Chairman of the China Securities Regulatory Commission: We need to conduct in-depth analysis and treat new business models such as crypto assets with caution.
Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), emphasized the need to focus on preventing risks in margin trading, securities lending, and over-the-counter derivatives, and to treat new business models such as crypto assets with caution, resolutely refraining from engaging in businesses that are unclear or unregulated.
PA一线
18 hour ago
Macroeconomic Outlook for Next Week: A highly controversial rate cut by the Federal Reserve is imminent, triggering significant volatility in gold prices.
Macroeconomic Outlook for Next Week: A highly controversial rate cut by the Federal Reserve is imminent, triggering significant volatility in gold prices.
PA一线
15 hour ago
BTC broke through $90,000, down 0.49% on the day.
PANews reported on December 6th that, according to OKX market data, BTC has just broken through $90,000 and is currently trading at $90,015.60 per coin, down 0.49% on the day.
PA一线
12 hour ago
Ethereum spot ETFs saw a net outflow of $75.2065 million yesterday, with none of the nine ETFs experiencing net inflows.
Yesterday, Ethereum spot ETFs saw a net outflow of $75.2 million, with BlackRock ETHA being the main source of outflows. Its total net asset value was $18.9 billion, representing 5.19% of Ethereum's market capitalization.
PA一线
2025-12-06 05:19
Brother Machi has made a total profit of $1.055 million in his three most recent long ETH trades.
Brother Machi has made a total profit of $1.055 million in his three most recent long ETH trades.
PA一线
17 hour ago
Coinbase: Crypto market expected to recover in December
Coinbase Institutional predicts the cryptocurrency market will recover in December, driven by improved liquidity, a 92% probability of a Federal Reserve rate cut, and favorable macroeconomic conditions, which could mark the start of a renewed market momentum.
PA一线
2025-12-06 04:16
Bitcoin spot ETFs saw net inflows of $54.7896 million yesterday, with only BlackRock ETF IBIT experiencing net outflows.
Bitcoin spot ETFs saw a net inflow of $54.79 million yesterday, with ARKB experiencing the largest inflow at $42.79 million, while IBIT saw an outflow of $32.49 million. Total net assets reached $117.1 billion, with a cumulative net inflow of $57.6 billion.
PA一线
2025-12-06 05:21
Two whales are engaged in a battle between bulls and bears in Bitcoin, currently holding 307 long positions and 223.4 times the leverage of short positions respectively.
Two whales are engaged in a battle between bulls and bears in Bitcoin, currently holding 307 long positions and 223.4 times the leverage of short positions respectively.
PA一线
15 hour ago
Data: Approximately 2 billion USDC coins have been issued in circulation over the past 7 days.
Circle issued a net increase of 2 billion USDC in one week, bringing its total circulating supply to 78 billion USDC. Its reserve assets are 78.1 billion USDC, with government bonds accounting for over 86%, demonstrating strong market expansion and a sound reserve structure.
PA一线
2025-12-06 04:01
An address initiated its first ETH position, spending 8 million USDT to buy 2,640 ETH in the past hour.
An address initiated its first ETH position, spending 8 million USDT to buy 2,640 ETH in the past hour.
PA一线
17 hour ago
Vitalik: A decentralized on-chain gas futures market needs to be established.
Vitalik: A decentralized on-chain gas futures market needs to be established.
PA一线
14 hour ago