The recent good news in the currency circle is as follows:

1. MicroStrategy announced plans to issue $500 million in convertible preferred bonds to further increase its holdings of Bitcoin. Currently, MicroStrategy holds 2.144 million Bitcoins, with a purchase cost of approximately $7.543 billion. This shows that institutions are optimistic about the long-term prospects of Bitcoin, and the move to continue to increase holdings shows confidence in the market.

2. The U.S. Securities and Exchange Commission (SEC) approved the 19b-4 rule change documents for eight Ethereum spot ETFs on May 24. This news has attracted market attention, and another key S-1 registration statement document is awaiting approval from the SEC. SEC Chairman Gensler said at a budget hearing this week that progress is expected sometime this summer, and the launch date of the Ethereum spot ETF is expected to be advanced to July 2. This kind of good news usually triggers market speculation and attracts the participation of investors such as dog dealers.

These news show the market's positive view and future potential of cryptocurrencies, especially the continued increase in institutional holdings and the potential approval of Ethereum ETFs, which have brought positive investment sentiment to the market.

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