Huoxun Finance News, November 27th - UK Chancellor of the Exchequer Reeves, in his Autumn Financial Statement released on Wednesday, did not further increase the capital gains tax rate that already affected cryptocurrency investors last year. Azariah Nukajam, Head of Compliance at Gemini UK, welcomed this decision. "It's great to see that cryptocurrencies will not be subject to a new tax, which means that cryptocurrencies are being treated as equals with other asset classes, ensuring their long-term viability as a viable alternative investment option," she said. However, Nukajam pointed out that recent UK legislative and regulatory announcements (such as the proposed new rules for cryptocurrency companies in the draft statutory document), coupled with this budget statement, indicate that "stricter, more 'traditional financial' regulations and tax transparency requirements will proceed as planned."

Huoxun Finance News, November 27th – Dutch Bitcoin platform Blockrise announced that it has received authorization from the Dutch Financial Markets Authority (AFM) under the EU MiCAR framework to provide Bitcoin-related services in Europe. Blockrise is a "Bitcoin-only" platform that will offer loans to corporate clients secured by Bitcoin, with a minimum loan amount of €20,000. Clients retain ownership of the collateralized BTC, which cannot be re-pledged. The company previously raised €2 million in seed funding and now plans to launch a €15 million Series A round to expand its EU market and lending business.

Huoxun Finance reported on November 27th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $275 million in the past 24 hours. This included $59.2755 million in long positions and $215 million in short positions. The total liquidation amount for BTC was $120 million, and for ETH it was $40.1303 million.

According to Onchain Lens monitoring, a newly created wallet deposited $2.5 million USDC into HyperLiquid and opened a short position in HYPE with 10x leverage. The wallet also had a pending order to further increase the position.

According to Lookonchain monitoring, a whale (0x0ddf9) that profited over $10.6 million on Hyperliquid opened a 3x leveraged short position in BTC at an entry price of $89,765.6, worth $91 million and consisting of 1,000 BTC. This position is currently showing a loss of $1.16 million. Meanwhile, a new wallet (0x2c26) opened a 20x leveraged long position in BTC at an entry price of $90,278.7, worth $51.4 million and consisting of 563.68 BTC. This position is currently showing a profit of $524,000.