Crypto’s Defining Policy Moment Is Here. We Must Seize It Together
Winning means elevating our shared priorities over our individual preferences, says Summer Mersinger, the new CEO of the Blockchain Association.
Winning means elevating our shared priorities over our individual preferences, says Summer Mersinger, the new CEO of the Blockchain Association.
Odaily Planet Daily News: According to @ ai_9684xtpa monitoring, a certain address panicked and sold ETH after holding it for a month, losing $326000. The address bought 2313 ETH on the chain at a cost of $2532.87, worth $5.85 million, and at one point gained $800000; This morning, during the sharp decline, I reluctantly cut my meat and sold it out for $2391.
Odaily Planet Daily News: The US Securities and Exchange Commission (SEC) announced that it has met with representatives from blockchain finance firm Dinari and Wilmer Cutler Pickering Hale and Dorr law firm to discuss ways to address issues related to cryptocurrency regulation, including providing more details on its proposal to operate a tokenized securities trading system that supports multiple blockchains, as well as the legal framework for the operation of the system.
BlockBeats News: On June 21st, HashKey Group Chairman Xiao Feng recently gave an interview to 21st Century Business Herald reporters. Xiao Feng believes that stablecoins can enhance the accessibility of financial services in underdeveloped regions. This is also the reason why Africa has the largest group of users of US dollar stablecoins. In the field of cross-border payments, the traditional approach of "bank+Swift" may be impacted by stablecoins. Xiao Feng believes that they should explore new roles and service methods. In addition, regarding the recent mention of stablecoins by the central bank, Xiao Feng believes that this is a positive signal and suggests taking a step-by-step, hierarchical, and regional approach to gradually promote relevant pilot projects, with Hong Kong serving as a testing ground for offshore markets.
According to BlockBeats, on June 21st, according to the monitoring of Ashes, the giant whale/institution that made a profit of $30.45 million through two ETH bands continued to buy 30000 ETH at the bottom in the past 8 hours after falling last night. The whale transferred 58.91 million USDC to Wintermute and 24 million USDC to Coinbase after a decline. Then withdraw 24000 ETH from Wintermute and 6000 ETH from Coinbase. Since the third ETH wave started on 6/11, they have spent a total of 297 million USDC to buy 115400 ETH in 10 days, with an average price of around 2574 USD. Currently, they have a floating loss of 18.35 million USD.
According to Foresight News, according to the monitoring of Yu Jin, the giant whale, which made a profit of 30.45 million through two ETH bands, continued to buy 30000 ETH (worth approximately 72.32 million US dollars) in the past 8 hours after last night's decline. They transferred 58.91 million USDC to Wintermute and 24 million USDC to Coinbase, and withdrew 24000 ETH from Wintermute and 6000 ETH from Coinbase respectively. Since June 11th, the whale has spent approximately 297 million USDC in its third ETH trading session to purchase 115400 ETH, with an average price of approximately 2574 USD. Currently, it has a floating loss of approximately 18.35 million USD. Currently, there is only $30 million of USDC available for purchase in its address.