1. BTC breaks through $98,000, setting a new all-time high
OKX market data shows that BTC has just broken through $98,000, setting a new record high, and is now at $97,988 per coin, with a daily increase of 3.43%. According to Coinglass data, in the past 24 hours, $123 million of Bitcoin positions were liquidated, of which $93.3241 million were liquidated on short orders.
2. Trump team discusses setting up a White House cryptocurrency position and vetting candidates
The Trump team is discussing the creation of a position in the White House specifically responsible for cryptocurrency policy. This position may be intended to coordinate policies among federal agencies and communicate with industry stakeholders to address issues related to the cryptocurrency field. It has not yet been determined whether this position is a senior White House position or the specific scope of responsibilities.
3. NVIDIA announces third quarter financial report for fiscal year 2025
NVIDIA announced its third-quarter financial report for fiscal year 2025, with adjusted earnings per share (EPS) of $0.81, higher than the market expectation of $0.74; revenue was $35.1 billion, exceeding the market expectation of $33.25 billion. Among them, data center business revenue reached $30.8 billion, higher than the market expectation of $29.14 billion. NVIDIA expects fourth-quarter revenue to be $37.5 billion, with a fluctuation of 2%.
4.QCP Capital: Bitcoin prices are expected to remain strong at the end of the year
QCP's latest report pointed out that Bitcoin broke through its all-time high of $97,900 this morning, driven by institutional capital inflows and increased corporate attention to crypto assets. Strong demand for call options in January, March and June was observed, indicating strong market confidence in the long-term outlook. Bitcoin ETFs have accumulated net inflows of $1.84 billion in the past three days, and US ETFs have net inflows of more than $29.4 billion this year, becoming the main force driving Bitcoin capital inflows. Against the backdrop of further easing of monetary policies by global central banks, Bitcoin prices are expected to remain strong at the end of the year.
5. Beijing Changping District Court heard a case of a blockchain engineer abusing his power for profit
The Changping District Court of Beijing heard a case of a blockchain engineer abusing his power for profit. When the defendant Zhang was developing a project at the company, he obtained program code and private keys beyond his authority on the grounds of "code learning" and shared them with the technical exchange group, inviting members to crack the code and attack the company's account, successfully stealing 106.15 Ethereum. Subsequently, Zhang transferred funds through "money laundering" and transferred the proceeds back to his personal account. In the end, Zhang was sentenced to 3 years and 6 months in prison for illegally obtaining computer information system data and fined 60,000 yuan, and the illegal income of 38,329.76 yuan was recovered.
6. South Korean police confirmed for the first time that the hacker who stole 342,000 ETH from Upbit five years ago was from North Korea
South Korean police confirmed for the first time that the theft of 342,000 Ethereum from the cryptocurrency exchange Upbit in 2019 was the work of the hacker groups "Lazarus" and "Andariel" under the Reconnaissance General Bureau of North Korea. The police concluded this based on evidence obtained from North Korean IP addresses, the flow of encrypted assets, and cooperation with the FBI. 57% of the Ethereum was exchanged for Bitcoin at a low price, and the remaining assets were laundered through 51 overseas exchanges. After four years of tracking, the police successfully recovered 4.8 Bitcoins (about 600 million won) from a Swiss exchange and returned them to Upbit.
