06/21 #ByToken Key quick-read daily reports (daily output, follow and like, no messages missed)
🟩US CFTC investigates Jump Crypto
The U.S. Commodity Futures Trading Commission (CFTC) is investigating Jump Crypto’s cryptocurrency operations, including its trading and investing activities.
🟩 Italy will strengthen monitoring of the cryptocurrency market
Italy plans to impose high fines on the crypto-asset market, which could be as high as 5 million euros (approximately $5.4 million). The document, expected to be approved by Cabinet later today, targets insider trading and market manipulation.
🟩 OpenAI competitor Anthropic releases latest AI model Claude 3.5
Anthropic has released its latest AI model, Claude 3.5 Sonnet, which is faster than its previous flagship model, Claude 3 Opus.
🟩ConsenSys calls on IRS to delay cryptocurrency reporting requirements
ConsenSys attorney Bill Hughes said the proposed Form 1099-DA requirements are too broad and would place a heavy burden on compliance.
🟩 Bank of Japan’s selling of U.S. Treasuries could fuel crypto bull market
Arthur Hayes, co-founder of BitMEX, said that the Bank of Japan’s massive selling of U.S. debt may force the Federal Reserve to print money on a large scale, which will bring a new round of U.S. dollar liquidity to the cryptocurrency market and boost a new round of cryptocurrency bull market.
🟩Gemini Winklevoss brothers donate $1 million in Bitcoin to Trump campaign
Gemini Lianchuang has donated $1 million in Bitcoin (15.47 BTC) to the Trump campaign. They said they would vote for Trump in the November election.
🟩 3iQ submits North America’s first Solana ETF application
3iQ filed for a Solana ETF in Canada, planning to use the ticker QSOL. This is the first Solana ETF application in North America.
🟩 MicroStrategy purchased approximately 11,931 Bitcoins from April 27 to June 19
MicroStrategy acquired 11,931 Bitcoins during this period at a price of $65,883 per Bitcoin, for a total value of $786 million.
🟩 Stablecoin issuer becomes 18th largest holder of U.S. Treasury bonds
Stablecoin issuers currently hold more than $120 billion in U.S. Treasuries. Tether Ltd holds about $91 billion in U.S. Treasuries, while Circle holds $29 billion worth of short-term U.S. bonds.
