24x7 Flash News

Key Takeaways:
1. Macro Environment Japan is preparing a ¥17 trillion stimulus to boost domestic demand, potentially increasing crypto market liquidity. The SEC's new guidelines enable faster crypto ETF approvals, likely enhancing US market confidence. The European Commission's push to centralize crypto oversight under ESMA raises legal uncertainty and could delay MiCA implementation. 2. Crypto Market The crypto market saw broad declines over the past 12 hours, with BTC down 4.4% to $97,474 and ETH falling 9.3% to $3,144, pressured by renewed ETF outflows and weak risk sentiment. Altcoins also dropped sharply; MYX fell 13.6%, ARB 11.7%, and FET 12.6%. ZEC outperformed with a smaller 4.0% loss, while SOON was relatively stable at -0.3%. The downturn was driven by institutional outflows, risk-off flows, and sector-wide deleveraging. 3. Today's Outlook Uniswap launches its Continuous Clearing Auction protocol on v4 today, aiming to combat front-running and whale manipulation in token launches. Japan will release October CPI data, with core inflation expected to rise to 3.0% year-on-year, potentially impacting global risk sentiment. Nillion begins its migration to Ethereum, transferring treasury and NIL tokens to mainnet as part of its privacy security computing network expansion.