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At the Blockchain Association Policy Summit, U.S. Senators Gillibrand and Lummis stated that the "Crypto Market Structure Bill" is expected to have its draft released by the end of this week, with revisions and hearings scheduled for next week. The bill aims to establish clear boundaries for digital assets by adopting a classification-based regulatory framework, clearly distinguishing between digital commodities and digital securities, and providing a pathway for exemptions for mature blockchains to ensure that regulation does not stifle technological progress. The bill also requires digital commodity trading platforms to register with the CFTC and establishes a joint advisory committee to prevent regulatory gaps or overlapping oversight. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, is still being iteratively updated.
Boosted by expectations of further easing from the Federal Reserve, gold has risen for four consecutive days. Technical indicators show strong bullish signals, but there remains one more hurdle before reaching a new all-time high.
Against the backdrop of relatively accommodative expectations in both China and the US, which suppress asset downside volatility, and with extreme fear and capital sentiment not yet fully recovered, ETH remains in a favorable "buy zone."
- 12:39Bank of Japan reportedly to implement more rate hikes, with some officials believing the neutral interest rate is above 1%Jinse Finance reported, citing informed sources, that Bank of Japan officials believe that before the current rate hike cycle ends, interest rates are likely to rise above 0.75%, indicating that there may be more rate hikes after the expected increase next week. These sources said that officials believe that even if rates are raised to 0.75%, the Bank of Japan still has not reached the neutral rate level. Some officials already consider 1% to still be below the neutral rate. According to the sources, even if the Bank of Japan updates its neutral rate estimate based on the latest data, it does not currently believe that the range will narrow significantly. The Bank of Japan currently estimates the nominal neutral rate range to be about 1% to 2.5%. The sources added that Bank of Japan officials believe there may be errors in both the upper and lower limits of this range itself.
- 12:31Jiuzi Holdings plans to expand its private placement financing to $1 billion to support the development of its crypto asset business.Jinse Finance reported that Nasdaq-listed company Jiuzi Holdings has announced the signing of Memorandums of Understanding (MOUs) with several institutional investors, with plans to expand its private fundraising scale to 1 billion USD. The funds raised will reportedly be used to support the company's crypto asset business development, including building secure custody infrastructure and innovative storage solutions.
- 12:19Data: 322.09 BTC transferred from an anonymous address, routed through an intermediary, and then sent to another anonymous addressAccording to ChainCatcher, Arkham data shows that at 20:01 (UTC+8), 322.09 BTC (worth approximately $29.76 million) were transferred from an anonymous address (starting with bc1qet...) to another anonymous address (starting with bc1qcu...). Subsequently, this address transferred 317.93 BTC to another anonymous address (starting with bc1q2f...).