Bitcoin temporary $ 30,000 level, spot-type Bitcoin ETF applications one after another | Important bulletin summary on the morning of the 22nd

1 year ago 145

Bitcoin returns to $30,000

Bitcoin (BTC) continues to rise and returns to the $30,000 level. It hit the highest since April this year. It seems that the three companies’ new applications following BlackRock’s Bitcoin ETF application were well received.

Source: Binance

connection: GBTC’s “negative divergence”, which exceeds 4 million yen due to the soaring price of Bitcoin, has decreased significantly

A series of applications for spot-type Bitcoin ETFs (attention: ★★★★★)

WisdomTree, Invesco, and Valkyrie Funds have also submitted new physical Bitcoin ETF applications. To improve the odds of approval, the filing introduces a structure that addresses the SEC’s concern about the “lack of oversight sharing agreements with regulated markets related to physical Bitcoin.”

connection: What is an exchange traded trust “Bitcoin ETF”? | Why the application of BlackRock attracts attention

Chairman Powell remarks on stablecoins (Attention: ★★★★☆)

Fed Chair Powell said at the biannual monetary policy hearings on the 21st that the Fed (Federal Reserve Board) would strongly support the stablecoin regulation being drafted by members of the House Financial Services Committee. advocating the need for effective oversight. In his testimony, the chairman said, “The Fed sees payment stablecoins as a form of ‘money,’ and in all developed countries, the ultimate source of monetary credibility is the central bank. ‘ said.

connection: Cryptocurrency exchange “EDX Markets” invested by Wall Street Finance opens in the United States

US House Committee to Vote on Stablecoin Bill in July (Attention: ★★★★☆)

The U.S. House Financial Services Committee released two bills in July that aim to provide a clear path for the transition of digital assets, including cryptocurrencies, from securities to commodities, as well as a comprehensive framework for stablecoins. It will be voted on in the second week.

connection: U.S. Congressmen announce bill to clarify cryptocurrency regulations

Binance US, (Attention: ★★★★☆)

Binance US, Binance, and attorneys representing CZ allege they misled the public in a statement released by the SEC over the ongoing securities lawsuit in a filing filed Wednesday. Lawyers challenged the court to force financial regulators to comply with “applicable rules of conduct,” citing “misleading” statements made by the SEC in a press release dated March 17.

connection: SEC and Binance US agree to avoid asset freeze

Circle Adds Treasuries to USDC Reserves Again (Highlight: ★★★☆☆)

Stablecoin issuer Circle, after dumping all of its Treasury holdings amid the May U.S. debt ceiling turmoil, has again begun buying $28 billion worth of Treasuries as a reserve asset for USDC. was reported on the 22nd. BlackRock is responsible for purchasing and managing USDC’s Circle Reserve Fund, worth $24 billion.

connection: U.S. Circle Inc. converts 1.2 trillion yen worth of USDC reserves from government bonds to gensaki transactions

Neutron Raises $10 Million (Attention: ★★★☆☆)

CosmWasm smart contract platform Neutron raises $10 million in funding. The investment was led by Binance Labs, with participation from CoinFund, Delphi Ventures, LongHash, Nomad and others.

Maverick raises $9 million (Attention: ★★★☆☆)

Ethereum-zksync-powered decentralized exchange Maverick raises $9 million in strategic round. The investment was led by Founders Fund, with participation from Pantera Capital, Coinbase Ventures, Apollo Crypto and others.

We’re thrilled to announce our $9m strategic round, led by @foundersfund!

Maverick’s building a novel infrastructure to bring greater efficiency to DeFi markets, and this fundraise will be used to expand our ecosystem upon that mission.