ARTX: The Core Engine of the Cultural Asset Economy How Ultiland turns artworks into cash flow, structure into value, and ecosystem into long-term momentum.
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OCC speaks out! Will cryptocurrency institutions finally achieve equality with bank licenses?
Today I saw the statement from the OCC director, and I couldn't help but clap my hands: this is the long-awaited moment of 'recognition' that the crypto community has been waiting for several years! Gould said that cryptocurrency companies applying for federal bank licenses should be treated equally to traditional institutions. This sounds simple, but in reality, it opens a door for the cryptocurrency industry into the traditional financial system.
We in the crypto circle all understand that in the past, it was incredibly difficult for crypto institutions to touch bank licenses, it was like the 'difficult road to Shu'—the regulators always used 'risk' as a shield, implementing double standards. Now, the OCC has directly stated that digital asset custody is not a new thing; electronic business has been around for decades, and the banking system has completely evolved from telegraphs to blockchain. This statement hits the nail on the head.
What's even more crucial is that this year the OCC has received 14 bank applications related to digital assets, which is almost equal to the total of the past four years. What does this data mean? It shows that cryptocurrency institutions are no longer satisfied with 'marginal play' but want to formally squeeze into the core of finance. Just like Circle applying for a national trust bank license and Erebor Bank aiming at services for crypto enterprises, both capital and institutions are rushing to get ahead.
Are some worried that regulation can't keep up? Gould also mentioned that the existing framework can cover it. In fact, in recent years, U.S. regulation has been loosening; the Federal Reserve has withdrawn its crypto guidelines, and banks like SoFi have started providing crypto trading services. This statement from the OCC is equivalent to giving banks and crypto institutions a sense of reassurance, and it is highly likely that more traditional financial players will enter the market in the future.
For our crypto circle, this is not only a regulatory benefit but also a signal of the industry's mainstreaming. Platform coins like BNB might also benefit from the entry of traditional finance, ushering in more application scenarios. However, it still needs to be reminded that the realization of benefits takes time; the short-term market may be volatile, but in the long term, the era of 'regular troops' in the crypto industry is truly about to arrive! $POWR
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Next week's token unlock data|(12.8-12.14) Tokens such as APT, LINEA, CHEEL will have significant unlocks next week, with APT unlocking worth approximately 19.3 million dollars.
On December 7th, Token Unlocks data shows that tokens like APT, LINEA, CHEEL will have significant unlocks next week, including: Aptos (APT) will unlock approximately 11.31 million tokens at midnight on December 12th Beijing time, with a circulation ratio of 0.83%, worth about 19.3 million dollars; Linea (LINEA) will unlock approximately 1.38 billion tokens at 7 PM on December 10th Beijing time, with a circulation ratio of 6.67%, worth about 11.1 million dollars; Cheelee (CHEEL) will unlock approximately 20.81 million tokens at 8 AM on December 13th Beijing time, with a circulation ratio of 2.86%, worth about 10.8 million dollars. $APT {future}(APTUSDT) $LINEA {future}(LINEAUSDT)
If you want to stop losing money, please stop day trading immediately (this is not clickbait)
Because retail investors are essentially a structural scam. This article is a bit long, but if you are willing to give me 120 seconds, I guarantee you will thank me in a few years. I started trading when I was a teenager. I made a lot of money, thinking I was Batman. I also lost even more money, which hurt a lot, and even now I am still fixing the cracks from back then. I've tried all the strategies that retail investors can access. I even seriously day traded for a year, thinking I could finally turn things around, but the result was so miserable that just thinking about it still hurts.
How bad was my PNL at that time? Even my grandmother made more money than I did! And she just followed the method I taught her to automatically invest in Bitcoin.