ChainCatcher news, according to WatcherGuru, U.S. crypto-friendly Senator Cynthia Lummis has met with incoming Treasury Secretary Scott Bessent of the Trump administration to discuss issues related to Bitcoin as a strategic reserve.

ChainCatcher news, according to Decrypt, Japanese Senator Satoshi Hamada officially submitted a proposal to the National Diet on December 11 to discuss the establishment of a national Bitcoin reserve. This suggestion echoes the global trend of promoting the establishment of Bitcoin reserves, including similar proposals from Russia, Brazil, Poland, and the United States.As the price of Bitcoin broke its historical high this month, reaching $103,000, discussions on establishing national Bitcoin reserves have gained support in several countries. Senator Hamada believes that Bitcoin reserves can help address global economic challenges and protect national assets.

ChainCatcher news, according to Bitcoin Magazine, Japanese lawmaker Satoshi Hamada submitted an inquiry to the government on December 11, 2024, requesting updates on the latest developments regarding the promotion of Bitcoin reserves by the United States and other countries.

ChainCatcher message, according to The Data Nerd monitoring, 1 hour ago, the market maker Flow Traders withdrew 50 BTC from Bybit, approximately 5 million dollars.

ChainCatcher news, according to @ai_9684xtpa monitoring, Wintermute and DWF Labs are the market makers for the BSC ecosystem meme coin MONKEY launched today. Ten hours ago, the Wintermute OTC address received a transfer of 100 billion tokens from the project team for market making, accounting for 1% of the total token supply; although the DWF market making address has not been tracked yet, the official blog has clearly stated that DWF is its main market maker.

ChainCatcher news, the automated market maker SmarDex has raised $4.5 million in its Public Seed Round funding, and the platform has also received a total of $12 million in funding support from Swiss Web3 pioneer RA2 TECH.It is reported that SmarDex will launch a synthetic dollar token USDN, which is supported by fully decentralized Ethereum perpetual contracts, ensuring that USDN is always pegged to the value of $1.Additionally, the Web3 asset data platform RootData shows that SmarDex is an automated market maker (AMM) that addresses the issue of impermanent loss (IL) and, in some cases, converts it into impermanent gains (IG). It is an open-source smart contract that operates on decentralized software running on compatible Ethereum Virtual Machine blockchains (such as Ethereum, Binance Smart Chain, Avalanche, Polygon, etc.). These blockchains are data exchange protocols similar to the Bitcoin blockchain, allowing for the storage and transmission of information in a public, immutable, and decentralized manner. By using SMARDEX, users can exchange decentralized ERC20 tokens, which are digital assets.

ChainCatcher news, according to CryptoBriefing, a Russian lawmaker has proposed the establishment of a national Bitcoin reserve to hedge against geopolitical risks and sanctions. Anton Tkachev, a member of the "New People" party in the State Duma of Russia, submitted a formal appeal to Finance Minister Anton Siluanov, suggesting the creation of a Bitcoin reserve similar to traditional national currency reserves. Tkachev wrote in the appeal, "For countries under sanctions, cryptocurrencies have effectively become the only tool for international trade due to difficulties in accessing traditional international payment systems." This proposal comes at a time when Russia is facing restricted access to the global financial system due to sanctions.Tkachev emphasized that traditional foreign exchange reserves are vulnerable to sanctions, inflation, and volatility, which could threaten Russia's financial stability. He pointed out that modern challenges require the introduction of new payment processing systems and alternative reserve storage tools, mentioning cryptocurrencies like Bitcoin that are independent of any single country. The lawmaker specifically referred to the possibility of Bitcoin reaching $100,000 by December 2024, highlighting its potential as a store of value and investment asset.Tkachev added that this initiative aligns with the efforts of the Central Bank of Russia to incorporate digital assets into cross-border payments and emphasized the increasing importance of cryptocurrencies as viable tools for international trade. The implementation of this measure would require significant policy adjustments and coordination among government agencies, including the central bank and financial regulatory bodies.

ChainCatcher news, crypto data analyst @ai_9684xtpa posted on social media that Flow Traders, Amber Group, and GSR Markets may all be market makers for Binance's newly listed token ACX.Among them, Flow Traders received 10 million ACX from the UMA multi-signature address two months ago for market making, which was worth 2.94 million dollars at that time.Amber received 3.68 million tokens from various trading platforms 8 months ago, while GSR Markets' interactions began 10 months ago.

ChainCatcher news, crypto data analyst @ai_9684xtpa posted on social media that Wintermute is the market maker for Binance's newly listed token ORCA.It started market making for ORCA as early as December 2023 and currently holds tokens worth $4.2 million on-chain. 12 hours before the listing announcement, the institution withdrew 125,000 ORCA (currently worth $830,000) from Coinbase.

ChainCatcher message, DeSpread co-founder GM Chung forwarded a community message stating that during the curfew in South Korea yesterday, opposition member and cryptocurrency supporter Kim (Kim Nam-guk @lawmaker2024) was found listening to the Bitcoin scaling solution Stacks' DeFi Show X Space.In addition, he was also known for being an official STX holder.

ChainCatcher news, according to on-chain analyst Ai Yi's monitoring, RSR market makers may be GSR Markets. In the past 2 hours, GSR deposited 280 million RSR, approximately 6.66 million USD, to Binance. Recently, GSR has also been frequently trading RSR, driving its price fluctuations.

ChainCatcher news, according to Jinshi reports, on December 4th local time, more than half of the members of Congress are currently in Congress, and if more than half of the members agree, the South Korean National Assembly is expected to pass a resolution demanding the lifting of the martial law.

ChainCatcher news, according to Bitcoin Archive, French Senator Sylvie Vermeillet has proposed to classify Bitcoin and other digital assets as non-productive property in the 2025 budget, similar to real estate and luxury assets, and to tax their unrealized capital gains.French Finance Minister Laurent Saint-Martin supports this initiative, believing that it is unfair to exempt Bitcoin from taxes while taxing physical economic assets.

ChainCatcher news, Bitwise CEO Hunter Horsley posted on social media that the bear market has fostered a zero-sum mentality, where one profits by taking a share from others in an ever-shrinking pie.However, as of November this year, the total market capitalization of cryptocurrencies has surpassed the previous high of $3 trillion in November 2021. The market is entering a period where the pie is getting bigger, and it's time to shift our mindset.The winning mentality at this stage is to encourage maximizing the size of the pie, increasing participation, treating on-site participants well, and supporting teams to fully realize their potential and strengths.

ChainCatcher news, Bitwise CEO Hunter Horsley posted on social media that the bear market has fostered a zero-sum mentality, where one profits by taking a share from others in a shrinking pie.However, as of November this year, the total market capitalization of cryptocurrencies has surpassed the previous high of $3 trillion in November 2021. The market is entering a period where the pie is getting bigger, and it is time to change the way of thinking. The winning mindset in this phase is to encourage maximizing the size of the pie, increasing participation, treating on-site participants well, and supporting teams to fully realize their potential and strengths.

ChainCatcher news, according to Caixin, U.S. House Democratic leader Hakeem Jeffries stated that during Thanksgiving, members of the party faced "violent threats," including bomb warnings and attempts to falsely report emergencies to lure SWAT teams to the homes of lawmakers. Similar incidents have also occurred involving cabinet nominees of then-elected President Donald Trump.The incidents targeting Democratic lawmakers included "detailed threats about placing pipe bombs in mailboxes and attempts to lure SWAT teams into action, all of which were signed off with 'MAGA'," Jeffries said in a statement on Friday. The "MAGA" he referred to is Trump's political slogan "Make America Great Again." Jeffries noted that due to the swift response of law enforcement, no devices were found, and members of Congress and their families remained safe during the holiday.Some Democratic lawmakers from Connecticut reported that they were targeted during the Thanksgiving incidents, including Representatives Jim Himes, Rosa DeLauro, and Jahana Hayes. They posted the threats they received on the X social media platform.

ChainCatcher news, Hong Kong Legislative Council member (Financial Services Sector) Lee Wai-hung proposed the motion "Promoting High-Quality Development and Building a Financial Power" at the Legislative Council meeting yesterday (November 27) and it was passed.It is reported that the motion mainly revolves around six strong key core elements, and aims to achieve the goal of a strong financial sector through the development of "five major areas" including technology finance, green finance, inclusive finance, pension finance, and digital finance. In terms of digital finance, he suggested allowing retail investors to participate in more types of virtual asset trading in different currencies, as well as expediting the approval process for license upgrades by the Securities and Futures Commission.He also believes that Hong Kong could explore establishing a Hong Kong version of the ESG certification system to assist domestic enterprises in making ESG reports that meet international standards.

ChainCatcher message, according to monitoring by ai_9684x, in the past 18 hours, Wintermute has received a total of 9.68 million CHILLGUY from Bybit and wallet MfDuW...MGVWa, worth 5.47 million USD; while yesterday afternoon, Binance just announced the launch of the token futures.Currently, Wintermute still holds 2.31 million USD worth of CHILLGUY, ranking 20th among its Memecoin holdings.

ChainCatcher news, a Brazilian congressman has officially proposed the establishment of a national strategic Bitcoin reserve ------ Bitcoin Sovereign Strategic Reserve. The plan, known as the "Bitcoin Sovereign Strategic Reserve" (Reserva Estratégica Soberana de Bitcoins, abbreviated as RESBit), aims to diversify the national treasury. According to Brazilian media platform Portal do Bitcoin, Congressman Eros Biondini submitted this proposal on Monday.Previous news, as the price of Bitcoin approaches $100,000, the demand and price for Bitcoin exchange-traded fund (ETF) shares on the Brazilian stock exchange have surged. The first cryptocurrency ETF launched on B3, Hashdex, has reached an all-time high, with net asset value nearing $689 million.