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masonthan812

@masonthan812

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He added that he looked forward to working “in tandem with President Trump and Senate Banking Committee Chairman Tim Scott to bring common-sense economic policies that will produce a new era of American prosperity.”
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“I am humbled that my colleagues have placed their trust in me to lead the House Financial Services Committee as their next Chairman,” Hill said in a Dec. 12 statement.
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Crypto-friendly Arkansas Representative French Hill, currently chairing a digital asset subcommittee, will take over leadership of the House Financial Services Committee in next year’s United States Congress.
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“If they’re the plaintiff, they could just drop the lawsuit entirely. But if they’re in the middle of a process, then the commissioner doesn’t have unfettered discretion to completely change everything in that process.”
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Like the House Finance Committee, the Senate Banking Committee is another crucial Congressional group for crypto and blockchain policy.
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He added that he looked forward to working “in tandem with President Trump and Senate Banking Committee Chairman Tim Scott to bring common-sense economic policies that will produce a new era of American prosperity.”
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“I am humbled that my colleagues have placed their trust in me to lead the House Financial Services Committee as their next Chairman,” Hill said in a Dec. 12 statement.
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masonthan812 pfp
masonthan812
@masonthan812
Crypto-friendly Arkansas Representative French Hill, currently chairing a digital asset subcommittee, will take over leadership of the House Financial Services Committee in next year’s United States Congress.
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“If they’re the plaintiff, they could just drop the lawsuit entirely. But if they’re in the middle of a process, then the commissioner doesn’t have unfettered discretion to completely change everything in that process.”
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It is not only MicroStrategy that has been buying Bitcoin. CoinShares report shows that cryptocurrency investment products set a new record of $3.85 billion in inflows during the Dec. 2– Dec. 6 trading week.
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Fears of weakening global economies potentially impacting cryptocurrency markets likely played a role in the recent ETH price correction. However, traders’ sentiment remained optimistic, as reflected in derivatives market indicators.
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However, there is no stopping MicroStrategy, one of the largest corporate holders of Bitcoin, which continues to build its stockpile. The firm said it bought 21,550 Bitcoin between Dec. 2–8 at an average price of $98,783. MicroStrategy co-founder and former CEO Michael Saylor told Yahoo Finance that he would be “buying the top forever.”
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Ether’s price decline appears to be influenced more by macroeconomic concerns than crypto-specific factors. Investor confidence was likely shaken after Nvidia (NVDA) shares dropped following the announcement of a monopoly investigation, alongside China’s inflation data showing a 0.6% decline in November compared to the previous month.
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The Ether options market has shown diminished optimism, with the skew moving to -2% (neutral) from -7% on Dec. 6. However, despite ETH’s 5% price correction and repeated failures to breach $4,050, the options market has displayed resilience. A shift toward bearish sentiment would have driven the skew above the 6% neutral threshold.
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To evaluate whether professional ETH investors anticipate further price corrections, the ETH options skew must also be analyzed. In bearish markets, traders typically demand higher premiums for put (sell) options, causing the 25% delta skew to rise above 6%.
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The Solana network maintained its position as the leader in decentralized application (DApp) volumes, but Ethereum significantly narrowed the gap, reaching $24.2 billion over seven days. When incorporating Ethereum layer-2 scaling solutions such as Base, Arbitrum, Polygon, and Optimism, the combined volume rises to $48.6 billion—65% higher than Solana’s $29.5 billion.
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Other factors driving the demand for bullish ETH positions in derivatives include an unprecedented $1.17 billion inflow into spot Ether ETFs since Nov. 29. Additionally, onchain activity on the Ethereum network surged by 24% compared to the prior week, mitigating concerns over the current $7.50 average transaction fee.
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The funding rate for Ether perpetual futures currently reflects a 2.7% monthly premium, slightly above the 2.1% neutral threshold. Notably, this metric peaked at 5.4% on Dec. 5, potentially contributing to the increased appetite for leveraged positions in monthly ETH contracts.
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Retail traders typically avoid monthly futures due to their price detachment from spot ETH markets, stemming from their longer settlement cycles. Consequently, heightened leverage demand—reflected in funding rates for perpetual contracts—can influence monthly futures pricing as whales and market makers closely monitor arbitrage opportunities.
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Conversely, if the price continues lower and breaks below the 20-day EMA, it will suggest that the bulls are booking profits. The BTC/USDT pair may drop to $90,000 and eventually to the 50-day SMA ($84,719).
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