US Cryptocurrency Market Structure Bill Passes House Financial Services Committee Vote
The modified US Cryptocurrency Market Structure Bill (CLARITY) passed the House Financial Services Committee with 32 votes in favor and 19 against. The bill includes provisions for distinguishing SEC and CFTC jurisdictions and limiting project disclosure requirements.
US Republican Congressman Demands SEC Disclose Ethereum-Related Documents
US Republican Congressman William Timmins requested the SEC disclose documents related to past Ethereum handling. He pointed out that "SEC leadership has not shown a consistent stance on Ethereum regulation".
Ukrainian Parliament Introduces Cryptocurrency Reserve Asset Bill
The Ukrainian Parliament introduced a bill that would allow cryptocurrencies to be included in the nation's reserve assets. The central bank would be authorized, but not obligated, to hold cryptocurrencies.
Ondepo Finance Launches US Tokenized Treasury on XRP Ledger
Ondepo Finance has launched a tokenized US Treasury product on the XRP Ledger. Institutional investors can issue and redeem treasury tokens through Ripple's RLUSD.
Taiwan Central Bank: "Stablecoins Should Be Regulated Like Electronic Payments"
The Taiwan Central Bank stated in a report that stablecoins used as payment methods should be subject to the same regulations as electronic payment methods.
Bakkt Approves Cryptocurrency Investment Plan for BTC and Others
Bakkt's parent company Intercontinental Exchange (ICE) board approved a policy amendment to allocate assets to BTC and other cryptocurrencies.
Analysis: "ETH Rally Driven by Futures Investors"
Matrix Port analyzed that Ethereum funding rates surged to 13.7%, futures open interest approached last year's peak, with futures investors being the primary drivers.
Analysis: "Ethereum Derivatives Trading Volume Surges 38% in 24 Hours"
Ethereum derivatives daily trading volume exceeded $110 billion, surpassing BTC trading volume. ETF expectations and utility expansion were cited as key factors.
Analysis: "Whales Accumulating ETH"
Address 0xc097 withdrew 13,037 ETH from Binance, and Abraxas Capital withdrew 44,612 ETH from Binance and Kraken.
OpenTrade Raises $7 Million Investment
OpenTrade raised $7 million in a seed round led by Notion Capital and Mercury Fund. Participating investors include a16z Crypto and CMCC Global.
Analysis: "BTC Short-Term Holders Show Low Selling Pressure... Next Resistance at $120,000"
CryptoQuant analyzed that Short-Term Holder (STH) sell volume is below average, with investors not rushing to realize profits. The next resistance is targeted at $120,000.
Analysis: "BTC Expected to Consolidate in Q3"
Sentiment Analyst noted that when investor sentiment is optimistic, the market tends to react oppositely, suggesting BTC might underperform expectations in Q3.
Top 3 Futures Exchanges BTC Perpetual Long/Short Ratio
Total Long 50.38% / Short 49.62%. Binance Long 49.97%, Bybit Long 51.13%, Gate.io Long 51.58%, slightly favoring long positions.
Tiger Research: "Ethereum RWA Market Leads, Who's Next?"
Tiger Research analyzed that chains specialized in regulatory response and those with performance and cost efficiency could emerge as next-generation players complementing Ethereum's limitations in the RWA market.
eToro Reports $60 Million Q1 Net Profit
eToro recorded $60 million in net profit for Q1, a decrease of $4 million compared to the same period last year due to expanded marketing investments. Currently supports 130 cryptocurrencies.
US SEC Again Extends Review Period for Canary Capital's HBAR Spot ETF
The US SEC has again extended the review period for Canary Capital's Hedera (HBAR) spot ETF submission.
Tiger Research: "Infofi Needs to Develop Value-Driven Information Sharing Structure"
Tiger Research stated that Infofi could realize its potential by developing a value-centered information sharing structure.
GameBuild Expands to BSC Chain
Web3 game platform GameBuild announced plans to launch a new application on the BSC chain.
Bybit Conducts CUDIS Ring Giveaway Event
Bybit is running a CUDIS Ring giveaway event until June 18th, conducting a lottery for CUDIS traders.
BTC Exceeds/Falls Below $97,000
(※No price report)
Real-time news...Go to TokenPost Telegram
<Copyright ⓒ TokenPost, Unauthorized Reproduction and Redistribution Prohibited>
