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Bitcoin has recently plummeted by 28.57%, leading to market panic and a liquidity crunch. However, long-term structural positives are converging, including expectations of Federal Reserve rate cuts and SEC regulatory reforms. The market currently faces a contradiction between short-term pressures and long-term benefits. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.
The Stable public blockchain has launched its mainnet. As a project associated with Tether, it has attracted significant attention but performed poorly in the market, with its price plummeting by 60% and facing a crisis of confidence. It is also confronted with fierce competition and challenges related to its tokenomics. Summary generated by Mars AI. The accuracy and completeness of the content are still being iteratively updated.
We are undergoing a “purification” that the market needs, which will make the crypto ecosystem better than ever before, potentially improving it tenfold.
🌟🌟Core Data on ETH Staking🌟🌟 1️⃣ Ebunker Ethereum staking annual yield: 3.27% 2️⃣ stET...
- 23:29TrumpMeme plans to launch a mobile game called "Trump Billionaires Club"According to Jinse Finance, as disclosed by SolanaFloor, the official TRUMP Meme coin account, TrumpMeme, announced plans to launch a mobile game called "Trump Billionaires Club," which will be powered by OpenLoot. The game will utilize TRUMP tokens for in-game activities.
- 23:24US SEC Chairman: Many types of cryptocurrency ICOs are not under the SEC’s jurisdictionChainCatcher news, according to The Block, Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated at the Blockchain Association's annual policy summit on Tuesday that many types of Initial Coin Offerings (ICOs) should be considered non-securities transactions and are therefore outside the jurisdiction of Wall Street regulators. He explained that this is exactly what the SEC wants to encourage; by its definition, such things do not fall under the category of securities. Atkins specifically mentioned the token taxonomy he introduced last month, which divides the crypto industry into four major categories of tokens. Last month, he pointed out that network tokens, digital collectibles, and digital utilities should not be regarded as securities in themselves. On Tuesday, he further stated that ICOs involving these three types of tokens should also be considered non-securities transactions, meaning they are not subject to SEC regulation. Atkins also mentioned that, as far as ICOs are concerned, the only category of tokens the SEC believes it should regulate is tokenized securities, which are tokenized forms of securities already under SEC regulation and traded on-chain. He further explained that ICOs span four themes, three of which fall under the jurisdiction of the U.S. CFTC, and the SEC will let the CFTC handle related matters while focusing itself on regulating tokenized securities.
- 23:20Data: 71.82 BTC transferred from GSR Markets, worth approximately $3.06 millionAccording to ChainCatcher, Arkham data shows that at 07:08 (UTC+8), 71.82 BTC (worth approximately $3.06 million) were transferred from GSR Markets to an anonymous address (starting with bc1qe9tkd...).