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The case between the SEC and Ripple might finally be over.
Share link:In this post: Ripple only has to pay $125 million to the SEC for selling XRP to institutional investors without registering it. The court ruled that XRP is not a security when sold to institutional investors, which is a big win for the crypto industry. XRP’s price jumped 25% after the ruling, showing the market’s positive reaction.
Share link:In this post: BlackRock and NASDAQ have asked the SEC to allow options trading in the BlackRock spot Ether ETF. The U.S. SEC will oversee these changes in the ETF trading options but hasn’t yet approved the suggestion. The proposed changes would ensure all Ethereum is under Coinbase’s custody, while the Bank of New York Mellon would handle cash.
Share link:In this post: Politicians print money to win elections when markets are down, just like Kamala Harris might do. Japan’s yen carry trade, where they borrow cheap yen to invest in higher-yield assets, is huge and risky. Bitcoin’s behavior will help us gauge market expectations; if it follows traditional markets, stay cautious; if it diverges, consider aggressive positions.
Share link:In this post: Monday’s market chaos may have settled, but expect more selling pressure in the coming days due to ongoing high volatility. Bitcoin is struggling to break above key resistance levels, indicating a bearish trend and potential for further declines. Technical indicators like SMAs, MACD, and OBV suggest that the selling pressure on Bitcoin is far from over.
- 15:51Trump: Making Deals with Other Countries Once Thought ImpossibleAccording to ChainCatcher, as reported by Jinshi, U.S. President Trump stated that he is reaching agreements with other countries that were once considered impossible.
- 15:44An address upgraded to EIP-7702 loses $146,551 in a phishing attack through malicious batch transactionsAccording to Scam Sniffer monitoring, an address upgraded to EIP-7702 lost $146,551 in a phishing attack through malicious batch transactions.
- 15:40Solayer launches infiniSVM DevnetSolayer announced the launch of the infiniSVM development network, a hardware-accelerated, infinitely scalable universal execution layer. The infiniSVM development network provides RPC endpoints, API endpoints, a faucet, and a blockchain explorer. It allows for contract deployment, simulating production loads, discovering edge cases, and reporting errors. Other advantages include: multiple execution environments, with each application running on an independent execution machine; infinite scalability, with execution machines connected via InfiniBand for high-throughput communication; hardware offloading, with dedicated compute and storage clusters supporting RDMA; and speculative preprocessing, enabling parallel transaction processing.