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  • 00:42
    JPMorgan: Retail Investors Selling ETFs Is the Main Reason for Bitcoin and Ethereum Price Declines
    ChainCatcher news, according to The Block, JPMorgan's latest analysis report shows that the ongoing correction in the crypto market is mainly driven by retail investors selling bitcoin and ethereum ETFs, rather than crypto-native traders. Data shows that this month, retail investors have withdrawn about $4 billion from crypto ETFs, surpassing the historical record set in February. Notably, during the same period, retail enthusiasm for stock ETFs has not diminished, with about $96 billion flowing in during November. If the current pace continues, the total could reach $160 billion by the end of the month, on par with September and October. This phenomenon indicates that investors still regard crypto assets and traditional stocks as different investment categories, and the crypto market correction does not represent an overall shift to pessimism toward risk assets among retail investors.
  • 00:42
    G20 financial regulators call for close monitoring of private credit and stablecoin developments
    ChainCatcher news, according to Reuters, Andrew Bailey, Chairman of the G20 Financial Stability Board (FSB), stated in a letter to G20 leaders that the rapid development of private credit markets and stablecoins urgently requires enhanced global regulatory cooperation. He warned that differences among countries in stablecoin regulation and prudential frameworks may increase systemic risks, and called for the establishment of cross-border compliance mechanisms. At the same time, he emphasized that the current slow progress of major economies in implementing the Basel III global banking capital standards should also be given attention.
  • 00:28
    Japanese and South Korean stock markets follow overnight decline in US tech stocks
    Jinse Finance reported that the Asia-Pacific markets opened lower on Friday, following a decline in U.S. tech stocks and a weakening of investors' hopes for a Federal Reserve rate cut in December. A certain exchange was among the first AI companies to see a drop, giving back gains and closing down more than 3%. In addition, last night's delayed September employment report showed that the U.S. economy added 119,000 jobs, exceeding economists' expectations. According to CME FedWatch, investors now estimate the probability of a Fed rate cut next month at about 40%, which is unfavorable for those betting on lower interest rates. Early market data shows that tech stocks in Asia are being affected, with the Nikkei 225 index dropping more than 2% at the open and a certain exchange's stock price falling by 8%. In South Korea, the KOSPI index's early losses quickly widened to 4%, with Samsung Electronics down 5% and SK Hynix down 9%.
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