the Web3 and Virtual Asset Development Subcommittee of the Hong Kong Legislative Council held a meeting on November 19 to discuss promoting the application of blockchain technology and Web3 development. Business member Yan Gang suggested combining the development of virtual asset indices and stablecoins in Hong Kong to give the city a certain amount of pricing power in virtual asset trading and hopes that the government will make further plans in this area.

According to Onchain Lens monitoring, a Bitcoin whale that had been dormant for 14.3 years has been activated and transferred Bitcoin to a new wallet, which was subsequently transferred to 50 different wallets. When the price of Bitcoin was only $0.067, the whale hoarded 2,000 Bitcoins. Currently, the value of these Bitcoins has reached $176.2 million.

According to the official website of the Securities and Exchange Commission (SEC), Goldman Sachs submitted a 13F filing disclosing its holdings as of September 30, including several shares of Bitcoin ETFs:

the market shows SOL has fallen below $210, currently trading at $209.97, with a 24-hour decline of 1.86%. The market is volatile, please take precautions for risk control.

Matthew Sigel, the head of digital asset research at VanEck, stated that with the US debt reaching 35 trillion US dollars, if central banks around the world use Bitcoin as a reserve asset, Bitcoin will reach 3 million US dollars by 2050. Former cryptocurrency assistant to Trump, David Bailey, believes that national states are about to enter the Bitcoin market and predicts that sovereign funds and central banks will invest billions of dollars each month.

the market shows BNB has fallen below $620, currently trading at $619.94, with a 24-hour increase of 1.01%. The market is volatile, please be prepared for risk control.

On November 15th, MicroStrategy founder Michael Saylor stated that the idea of purchasing strategic assets in the United States is not new, and pointed out the acquisition of Manhattan, the Louisiana Purchase, and the purchases of California and Alaska in the 19th century, which brought trillions of dollars in returns to the United States. Saylor also noted that there have been several other strategic purchases in US history, such as gold, oil, grain, and helium.

Arkham monitoring data shows that about four hours ago, 1,893 BTC worth $165.22 million flowed out from Bitwise's Bitcoin ETF BITB to an unknown address starting with bc1qu.

according to Hong Kong media, the Hong Kong Stock Exchange will launch the Hong Kong Stock Exchange Virtual Asset Index Series today. The index series will provide transparent and reliable real-time price benchmarks for Bitcoin (BTC) and Ether (ETH) pricing in the Asian time zone, providing a unified reference price for virtual assets and solving the price differences between virtual assets among global exchanges. Specifically, the reference index is based on the weighted average spot price of Bitcoin or Ether's 24-hour trading volume, calculated based on the aggregated market prices of multiple major virtual asset exchanges, and is priced in US dollars in real-time. The reference exchange rate is designed for financial product settlement and is calculated at 4 pm Hong Kong time every day. The launch of this index series is also an initiative of Hong Kong to build a leading digital asset center in Asia. Ye Zhiheng, Executive Director of the Intermediary Division of the Hong Kong Securities Regulatory Commission, previously stated that virtual asset trading platform licenses will be issued by the end of this year, and a virtual asset trading platform consulting group will be launched early next year, as well as continuing to support tokenization and the Ensemble project.

According to Yu Jin monitoring, 40 minutes ago, a whale deposited 115,000 SOL into Kraken, equivalent to approximately 24.39 million US dollars.