ChainCatcher news, Bank of America stated that as the cryptocurrency rebound progresses, the momentum of Meme coins may gradually weaken.

ChainCatcher news, according to Reuters, the Manhattan U.S. Attorney's Office plans to scale back its handling of cryptocurrency cases.Scott Hartman, co-head of the Securities and Commodities Task Force for the Southern District of New York, stated that the office will not overlook cryptocurrency cases, but the number of prosecutors handling these cases is fewer than during the 2022 crash in digital asset prices (the so-called "crypto winter").

ChainCatcher news, CryptoQuant analyst G a a h stated that the BTC reserves on exchanges have hit the lowest level since November 2018, and the market may see a trend of Bitcoin appreciation.

ChainCatcher news, according to Jinshi reports, the Norwegian government has proposed a requirement to disclose the ownership of cryptocurrency assets.

ChainCatcher news, according to Finance Feeds, Swiss investment company ISP Securities has partnered with cryptocurrency technology provider Taurus to use its digital asset custody solution Taurus-PROTECT. ISP's institutional clients will be able to trade, custody, and stake the digital assets provided by ISP.

ChainCatcher news, according to The Block, JPMorgan analysts outlined six key regulatory and market changes for the cryptocurrency industry under the Trump administration that could reshape the landscape of cryptocurrency in the U.S. under the leadership of Trump and the Republican-led Congress.JPMorgan analysts indicated that several stalled cryptocurrency bills may quickly gain approval. These bills include the "Financial Innovation and Technology for the 21st Century Act" (FIT21), which could provide much-needed regulatory clarity for the crypto industry by clearly defining the regulatory responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).They also stated that as the regulatory framework becomes clearer, the SEC's strategy of increasing enforcement may evolve into a more collaborative approach. High-profile lawsuits against companies like Coinbase may be eased, settled, or even dismissed. Regulatory notices sent to companies like Robinhood and Uniswap could be reconsidered, thereby reducing the litigation risk for the broader crypto industry. The SEC's "Staff Accounting Bulletin No. 121" (SAB 121), which restricts banks from holding digital assets, may be repealed.Additionally, JPMorgan analysts noted that the SEC may seek to resolve lawsuits concerning unregistered securities and require the launch of futures-based ETFs for these assets before approving spot ETFs. These factors could delay the approval of new ETFs or require re-filing. Clearer regulations may increase venture capital, mergers and acquisitions, and initial public offerings in the cryptocurrency space. Although strategic Bitcoin reserves would significantly enhance Bitcoin's legitimacy and could potentially drive up its price, the likelihood of this passing is low.

ChainCatcher news, Equation Founder him posted on X that a whale had sent 20 million Fartcoins to the wallet address of Truth Terminal, which was worth $40,000 at the time and is now worth $5 million, making Truth Terminal the first AI millionaire. In the end, he stated that this whale is himself.

ChainCatcher news, the European Banking Authority (EBA) is the European regulatory body responsible for addressing vulnerabilities in the European banking sector. It has published two sets of guidelines, which include specific guidelines for Payment Service Providers (PSP) and Crypto Asset Service Providers (CASP). The guidelines will take effect on December 30, 2025.The EBA specifically outlines the measures that PSPs and CASPs must take to comply with EU and national sanctions regimes when transferring funds or cryptocurrencies. According to the EBA, these guidelines ensure the implementation of EU and national sanctions.The EBA stated: "This guideline clarifies how the sanctions policy and procedures interact with the broader governance and risk management framework of financial institutions to avoid operational and legal risks for financial institutions and ensure the effective implementation of sanctions."

ChainCatcher news, according to the official website, the Hong Kong Monetary Authority (HKMA) urges the public to remain vigilant and be cautious of certain overseas crypto asset institutions that are not licensed banks in Hong Kong. They claim to be "banks" in Hong Kong or use the term "bank" when describing their products or services. These actions may have violated the Banking Ordinance.The HKMA has noted that two overseas crypto asset institutions that are not licensed banks in Hong Kong held activities in Hong Kong. During the events, one of them was reported to have referred to itself as a "bank," while the other described its card products on its website as "bank cards." The HKMA is concerned that the statements made by these institutions may mislead consumers into believing they are licensed banks in Hong Kong and regulated by the HKMA, or that such products and services are provided by licensed banks in Hong Kong.The HKMA reminds the public that crypto asset institutions not recognized by Hong Kong are not regulated by the HKMA. The inclusion of the term "bank" in the name of overseas crypto asset institutions, or claims by overseas "crypto banks" of having obtained licenses elsewhere, does not mean they are necessarily licensed banks in Hong Kong. Furthermore, products or services with the term "bank" in their name are not necessarily provided by licensed banks in Hong Kong.

ChainCatcher news, the US-listed company Unitronix Corp. (OTC: UTRX) recently announced a cryptocurrency portfolio strategy aimed at combining fundamental crypto assets like Bitcoin with dynamically selected high-growth assets, including DeFi tokens and stablecoins, primarily consisting of:Strategic investment in Bitcoin: Plans to allocate most of the funds to Bitcoin;Diversified cryptocurrency assets: Holding assets including ETH, Solana, as well as DeFi tokens and meme coins;Dynamic leverage management: Under favorable market conditions, the portfolio's leverage can reach up to 10 times, adapting to changing market dynamics while controlling risk and achieving growth;AI-driven management and rebalancing: Actively managing the portfolio using AI algorithms.Unitronix Corp CEO Kenneth Williams stated: "We are committed to making it easy for shareholders at all levels to access cryptocurrency directly. Our portfolio strategy fully leverages the high growth potential of cryptocurrencies while maintaining strong risk control. This is an unprecedented way to access digital assets through a regulated investment structure." (PR Newswire)

ChainCatcher news, closed-end investment company C1 Fund Inc. submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) on November 12, planning to raise $100 million through an initial public offering (IPO). The fund will invest at least 80% of its total assets in equity and equity-related securities of companies in the digital asset services and technology sectors, focusing on the top 30 leading companies in this field.C1 Fund is headquartered in Palo Alto, California, co-founded by Dr. Najamul Kidwai, who serves as President and CEO. The fund plans to list on the New York Stock Exchange and will be advised by C1 Advisors LLC, also based in Palo Alto.Dr. Kidwai stated that the fund aims to provide institutional and retail investors with the opportunity to invest in globally leading digital asset services and technology companies, achieving investment objectives by maximizing total returns. The registration statement is not yet effective, and the related stock issuance is subject to SEC review.

ChainCatcher news, according to Decrypt, Australian crypto fund management company DigitalX plans to position itself as a "flag bearer" for digital assets, preparing for a "mainstream moment" for the crypto industry after significant breakthroughs and global political shifts (especially in the U.S.). DigitalX announced on Thursday that the company is significantly cutting operational costs, with a restructuring of the fund management team, resulting in an annual cost reduction of $950,000 (614,000 AUD).Meanwhile, its Bitcoin fund boasts an annual return of up to 99%, outperforming its competitors over multiple time frames, with a 12% return over six months and a 30% return over three years. According to the company's latest shareholder update, its digital asset fund, despite a slight decline of 2.1% last quarter, has still achieved a return of over 526% over the past five years.The company acknowledges that, despite solid performance, it still faces several challenges in raising management funds and points out that the potential investor market is relatively small compared to traditional investment products.

ChainCatcher news, according to Protos, the New York City Dog Mayor election has recently been disrupted by cryptocurrency speculators, leading to the withdrawal of a popular candidate. It is reported that holders of a meme coin named BERT used improper means to campaign for the candidate dog Bertram while smearing other contenders, intending to drive up the token price.The owner of candidate dog Enzo, Olivia Caputo, announced her withdrawal on social media, stating that the competition has devolved into a "catalyst for spreading hate, negative emotions, and violent threats." Caputo accused BERT coin supporters of inducing votes through payments and giveaways, suggesting in group chats that this was a "pump and dump" scheme.According to its website, the NYC Dog Mayor competition in New York "aims to create something fun and joyful for people during a time when many are struggling; to provide a unique opportunity for community development in New York City, and to present politics and civic engagement (this time) in a positive, educational, and engaging way."

ChainCatcher news, according to Bloomberg, Italy's Intesa Sanpaolo SpA is expanding the scope of its digital assets division to handle spot trading of cryptocurrencies, marking the latest move by a traditional bank to delve into new markets.According to insiders, Italy's largest bank established a proprietary cryptocurrency trading division within its corporate and investment banking sector in 2023. Since then, the division has only traded cryptocurrency options, futures, and exchange-traded funds. Although spot trading has not yet commenced, the trading desk received the necessary internal approvals and technical systems about a month ago.Cassie Craddock, Managing Director for Ripple in the UK and Europe, confirmed that Intesa Sanpaolo is collaborating with Ripple Custody (formerly Metaco) to build custody capabilities for any type of tokenized asset.

ChainCatcher news, according to Cointelegraph, Consensys CEO Joe Lubin stated that as Trump is re-elected as the 47th President of the United States, the ongoing legal disputes between cryptocurrency companies and U.S. securities regulators may gradually disappear.Lubin said at DevCon 2024 held in Thailand: "So my guess is that they will find a way to dismiss or resolve the cases in a way that is not embarrassing, or something like that. Maybe not all cases, maybe not all elements of the cases, but I believe our industry will save hundreds of millions of dollars in the future. I think Trump's transition team has already been actively working on this."