SEC 放弃对 PayPal PYUSD 的调查，消除其稳定币的关键监管障碍

JUST IN: 🇺🇸 Elon Musk says the US Government was "partying on taxpayer money."

Two Prime, a digital asset derivatives company, has announced that despite its success on ETH, it will focus on BTC asset management and lending in the future. The statistical trading behavior, value proposition, and community culture of ETH have failed to the point where they are not worth participating in. In the case where BTC becomes an alternative, the risk return of ETH is fundamentally unreasonable. Two Prime claims that as an algorithmic trading company, it values data more than narrative. The data shows that ETH has undergone fundamental changes. Its correlation with BTC has decreased, and tail risk has significantly increased. Now, its trading style is more like a meme coin than a predictable asset. Even during the turbulent period of the first quarter of 2025, Bitcoin maintained its fundamental trend, while ETH experienced multiple standard deviation fluctuations. This is due to the safe haven environment and widespread selling by long-term ETH holders. For algorithmic trading and ETH supported lending, this brings trouble because even considering the high volatility expectations of the digital asset market, the performance of the asset is no longer predictable. Two Prime stated that in the past 15 months, Two Prime Lending has become the world's second-largest BTC and ETH mortgage lending institution, having completed over $1.5 billion in loans. The company has been trading and lending with these two assets because they are the only two assets with sufficient liquidity for institutional participation.

OKX-ETH/USDT is currently trading at $1850.00, with a 24-hour increase of 2.94%. Please be aware of market fluctuations.

According to The Block, sources familiar with the matter have revealed that House Financial Services Committee Chairman French Hill and others are expected to release a regulatory draft regarding cryptocurrencies before the hearing scheduled for May 6th (local time). The hearing will be held at 10am Eastern Time on the 6th, with the theme of "American Innovation and the Future of Cryptocurrency: A Blueprint for the 21st Century". It is expected to focus on the long-awaited legislation to define the structure of the US cryptocurrency market. It is expected that this draft will be similar to the Financial Innovation and Technology Act for the 21st Century (FIT 21) passed by the House of Representatives last year. A staff member of the House Agriculture Committee also confirmed that the draft text will be released before the hearing. The committees of the House and Senate have pushed forward bills focused on stablecoins, and legislation to regulate the entire cryptocurrency industry is seen as the next step. President Donald Trump has stated that he hopes to see a stablecoin bill before August, but some have suggested that these bills may be interrelated.  

1. The US Treasury Secretary suggests that the Federal Reserve consider cutting interest rates 2. NexusOne affects US AI policies 3. North Carolina Senate Bill Supports Bitcoin Reserve 4. SEC abandons investigation into PayPal stablecoin 5. Morgan Stanley provides encrypted trading services 6. Classover signs equity agreement to support SOL strategy 7. Cosmos attracts institutional investors' attention 8. Kraken launches regulated cryptocurrency trading service The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/457495