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Jinse Finance reported that spot silver continues to rise, surging by $1 during the day and refreshing its all-time high to $64.56 per ounce, an increase of 1.58%.
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$BTC ♨️🧭Jinse Finance reported that Glassnode published an analysis stating the holdings of major types of bitcoin holders are as follows: Public companies: approximately 1.07 million bitcoin; Government agencies: approximately 620,000 bitcoin; US spot ETF: approximately 1.31 million bitcoin; Exchanges: approximately 2.94 million bitcoin. These institutions collectively hold about 5.94 million bitcoin, accounting for roughly 29.8% of the circulating supply, highlighting the trend of increasing liquidity concentration among institutions and custodians.
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🧭🌋No Delay in Data Center construction related to OpenAI ☕️On December 13, it was reported that, according to media reports on Friday, due to labor and material shortages, a certain exchange (ORCL.N) would delay the construction of a data center related to OpenAI, with the timeline pushed from 2027 to 2028. However, the exchange later denied this report. Michael Egbert, a spokesperson for the exchange, stated in an email statement: "After signing the agreement, we have closely coordinated with OpenAI to determine the site selection and delivery schedule, and have reached a consensus. There has been no delay at any site required to fulfill contractual commitments, and all milestones are on track." He added: "We remain fully aligned with OpenAI and are confident in our ability to fulfill our contractual commitments and future expansion plans." After the response was released, the exchange's (ORCL.N) stock price recovered some of its losses. $YALA $PIPPIN
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$USDT $USDC $SOL Jinse Finance reported that Moody’s has released a new stablecoin rating framework proposal, with a core emphasis on the credit quality of stablecoin reserve assets, market value risk, and operational risk assessment. This framework implies that even if two stablecoins are both “1:1 USD-pegged,” their ratings may differ due to the types of reserve assets backing them. Moody’s stated that the rating process will be divided into two steps: first, assessing the credit quality of various assets in the reserve pool and their related counterparties; second, estimating market value risk based on asset categories and maturities, and setting “advance rates” for different assets. Operational, liquidity, and technological risks of the stablecoin will also be considered. The report points out that issuers must effectively separate stablecoin reserve assets from other business operations to ensure that these assets are used solely for stablecoin redemption even in the event of the issuer’s bankruptcy.
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Jinse Finance reported that on Friday (December 12), at the close of trading in New York, the yield on the US 10-year benchmark Treasury note rose by 2.75 basis points to 4.1841%. Over the week, it increased by a total of 4.90 basis points, trading overall within the range of 4.1002%-4.2074%. From Monday to Wednesday (prior to the Federal Reserve's announcement of an interest rate cut and Treasury purchase plan), yields continued to rise, then showed a V-shaped trend. The yield on the two-year US Treasury note fell by 1.82 basis points to 3.5222%, with a cumulative decline of 3.81 basis points for the week, trading overall within the range of 3.6253%-3.4989%. $BTC $ETH $SOL
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⚽️⚽️Tether Update ☕️Jinse Finance reported that stablecoin issuer Tether announced plans to fully acquire the Italian football club Juventus FC. The company has submitted a binding all-cash offer to controlling shareholder Exor to acquire its 65.4% stake, and is prepared to launch a public offer for the remaining shares after the transaction is completed, aiming to increase its holding to 100% ownership. Tether stated that if the deal is successful, it will inject $1 billion into the club. CEO Paolo Ardoino emphasized that, as a lifelong Juventus fan, he hopes to provide the team with long-term and stable capital support through Tether's strong financial strength. After the announcement, Juventus club's fan token JUV surged 30% in a short period. $CHZ
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