US SEC and Ethereum Spot ETF
The U.S. Securities and Exchange Commission (SEC) is seeking public comments on a revised version of the Ethereum spot ETF proposed by BlackRock. The SEC asked the public to provide comments within 21 days. BlackRock submitted an application for an Ethereum spot ETF in November 2023 and postponed its decision on the application in January of this year. Nasdaq then submitted a revised version on April 19, discussing the cash creation and redemption process of the Ethereum spot ETF. The SEC also postponed its decision on the Grayscale Ethereum spot ETF, postponing the decision time to June 23, 2024. In addition, the SEC also extended the listing review period for the Franklin Ethereum spot ETF.
China's Anti-Money Laundering Law Revised
China plans to amend the Anti-Money Laundering Law and establish an Anti-Money Laundering Monitoring and Analysis Agency. The draft revision of the Anti-Money Laundering Law has been submitted to the 14th National People's Congress Standing Committee for initial deliberation. It consists of 7 chapters and 62 articles, stipulating that the State Council's anti-money laundering administrative department shall establish an anti-money laundering monitoring and analysis agency to carry out anti-money laundering fund monitoring and be responsible for receiving and analyzing large-value transactions and suspicious transaction reports.
HashKeyCapital and Bosera International cooperate on ETF
The spot Bitcoin and Ethereum ETFs, launched by HashKey Capital in partnership with Hong Kong-based asset manager Bosera International, are expected to begin trading on April 30.
Grayscale launches mini version of Ethereum Trust
Grayscale has applied to the U.S. Securities and Exchange Commission (SEC) to register the "Grayscale Ethereum Mini Trust" with the ticker "ETH". This will be a spin-off of the existing Grayscale Ethereum Trust (ETHE). If approved, most of the assets of each ETHE investor will automatically be transferred to the new fund.
Tesla’s Bitcoin Holdings
Tesla did not conduct any bitcoin trading operations in the first quarter of 2024, and its holdings remained unchanged for seven consecutive quarters. It currently holds about 9,720 bitcoins, with a current value of approximately US$647 million, a purchase cost of approximately US$337 million, and a floating profit of US$310 million.
Arthur Hayes' views on the cryptocurrency market
Arthur Hayes, co-founder of BitMEX, published an article, saying that the current crypto bull market has just begun, and suggested that investors use the recent price correction as an opportunity to increase their positions. He predicted that with the arrival of summer in the northern hemisphere, the volatility of the crypto market will also decrease, which will be a great entry time for non-pre-sale investors.
Renzo Unveils REZ Token Economics
Renzo, a liquidity re-staking protocol, announced the economic model and collection details of its native token REZ. The total amount of REZ is 10 billion, and the initial circulation is 1.05 billion. The community will allocate 30% of the tokens, investors will allocate 31.56%, core contributors will allocate 20%, the foundation will allocate 13.44%, and Binance Launchpool and liquidity mining will each account for 2.5%.
Coinbase Supports Safe (SAFE) Tokens
Coinbase announced that it will support the Safe (SAFE) ERC-20 token on the Ethereum network. If liquidity conditions are met, the SAFE-USD trading pair will be launched in phases later today.
Jupiter acquires Ultimate Wallet
Jupiter, a decentralized trading platform in the Solana ecosystem, announced the acquisition of Ultimate Wallet and its mobile team. Jupiter will launch its new Jupiter Mobile program, which is expected to be released in beta in May.
Binance Updates Renzo Token Code
Since there is another project in the market that uses "EZ" as the token code, Binance has consulted with the Renzo project team and decided to update Renzo's token code from "EZ" to "REZ". The change is effective immediately. #ETH #大盘走势 #BTC
