U.S. SEC negotiates details with BlackRock and Grayscale
The latest development of Bitcoin spot ETF, after Grayscale won the legal battle with the U.S. Securities and Exchange Commission (SEC), the court has asked the SEC to review Grayscale’s application to convert GBTC into a Bitcoin spot ETF, according to The memorandum disclosed on the SEC official website shows that the SEC met with Grayscale on the 20th to discuss proposed changes to the listing and trading rules for this application.
At the same time, BlackRock, which submitted a Bitcoin spot ETF in June this year, also received good news. Another SEC memo showed that the SEC met with BlackRock on the 20th to target the listing of BlackRock’s iShares Bitcoin Trust ETF. and discussions on proposed rule changes for the transaction.
Furthermore, in the memorandum discussed between the SEC and BlackRock, a briefing from BlackRock was also attached, respectively discussing the two ETF redemption methods of physical subscription mode and cash subscription mode. According to Bloomberg ETF analyst James Seyffart According to Tweet analysis, BlackRock seems to prefer the physical subscription model, but the SEC seems to prefer the cash subscription model.
Justin Sun: I have known CZ for nearly ten years, and CZ has pushed the industry to an unprecedented height
Odaily Planet Daily reported that Sun Yuchen forwarded CZ’s resignation statement on the In six years, you founded Binance and pushed the entire industry to unprecedented heights. Without you, the cryptocurrency industry would not be able to reach the heights it is today. It makes me a little sad to think about you leaving this position, but when I think about the future of you I am truly happy for you when you have more time to rest and enjoy life. Thank you for everything you have done for the entire industry.” According to previous news, CZ said that Richard Teng will take over as Binance CEO. I plan to devote myself to passive investment in areas such as blockchain, Web3, DeFi, artificial intelligence and biotechnology after a short break. “I can’t imagine myself becoming the CEO of a start-up company again. In the future, I may be willing to mentor a few entrepreneurs privately, or at least tell them what not to do.” At the same time, CZ emphasized that the settlement reached with US regulators did not accuse the currency Any misappropriation of user funds or market manipulation. He looked forward to the new leadership leading Binance into a new chapter and congratulated Richard Teng on his promotion.
The three major Chinese law firms are really reliable. No matter how they cut, none of them has ever misappropriated user assets.
In the era of Lao Li, Huobi removed Chinese users, and all real money was withdrawn, 100% redeemed;
Lao Xu was caught and couldn't withdraw his coins. After he was released, OK was run on. He withdrew coins to users without any hesitation. It proved that there was no misappropriation and it was stable;
Lao Zhao was stripped of his pants and investigated by the United States, but no misappropriation was found. He just failed to control money laundering and had to fine and arrest people.
Brothers, I am on the 11th calling everyone to ambush #AGIX
The current 4-hour level W bottom appears
I yell again, hurry up and get in the car, it’s about to take off🛫
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Ambush one of the hot sectors in the next bull market!!!
On November 5, Musk, who once described#ChatGPTas "terrifyingly powerful", announced on the eve of the#OpenAIDeveloper Conference that his artificial intelligence startup xAI launched its first artificial intelligence model Grok, successfully grabbing the public's attention. This sudden news quickly made Grok the focus of attention and attracted widespread attention. However, even though the appearance of Grok attracted people's attention, OpenAI DevDay, as the leader of the AI track, still attracted much attention. In a speech of only 45 minutes, Sam Altman, the founder of OpenAI, announced two blockbuster news: GPT-4 Turbo and #GPTs。
The coin with the greatest potential to replicate the increase in kas
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KAS has risen nearly 800 times, revealing the "assembly line" behind the myth of POW mining coins
Written by: Jack, Kaori, BlockBeats
Editor: Jack, Violin, BlockBeats
Recently, the "mining currency sector" has become a recurring word in many community discussions due to the continuous rise of Kaspa token KAS. The PoW concept has become another hot topic after the Bitcoin ecological concept. But in addition to the boost from Bitcoin-related concepts and market conditions, the sudden rise of the PoW concept does not seem to be accidental. Behind the "KAS Myth", there seems to be a hidden "Myth Mining Coin Production Line" unknown to the mainstream market.
Arthur Hayes: Risk assets like Bitcoin will continue to soar as dollar liquidity rises
According to BlockBeats news, on November 16, BitMEX founder Arthur Hayes posted on social media, “Since the beginning of November, as the reverse repurchase (RRP) balance held by the New York Fed has declined, the U.S. Treasury General Account (TGA) has Balances are unchanged and nearly $200 billion of liquidity has been injected (into the market). Risk assets such as Bitcoin and cryptocurrencies will continue to surge.”