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[Launch Timing of Multiple Crypto Spot ETPs May Be Affected by U.S. Government Shutdown] Multicoin Capital's General Counsel Greg Xethalis stated that the market has misconceptions about the U.S. SEC's approval process for spot ETPs. The key issue now is waiting for the government to reopen. The 19b-4 filing deadlines for Litecoin and Solana are October 2 and October 10, respectively, but due to the introduction of the 'General Listing Standards,' these filings do not require separate consideration. Although they have technically taken effect automatically, exchanges still need to decide whether to list them. Typically, the S-1 registration statement must be accelerated by the SEC's Division of Corporation Finance before it can take effect. However, the SEC staff responsible for reviews are currently furloughed, causing delays in the review process. It is expected that the Solana spot ETP may launch within a week after the government reopens. Additionally, issuers need to submit Form 8-A, while exchanges must file an 8a-12b notice to complete registration. Overall, the launch timing of spot ETPs will depend on the government reopening or the final decision by exchanges, and there is no need to overly focus on the October 19b-4 filing deadlines.
[Gold's Total Market Value Surpasses $28 Trillion, Ranking First Among Global Assets] According to CompaniesMarketCap data, gold's total market value has surpassed $28.011 trillion, firmly holding the top position in the global asset market value rankings, far exceeding other asset classes. Despite the strong recent performance of tech stocks, silver, and Bitcoin, their combined market value still cannot rival gold. Specifically, the market values of NVIDIA ($4.585 trillion), Microsoft ($3.821 trillion), Apple ($3.675 trillion), Google ($2.952 trillion), silver ($2.911 trillion), Amazon ($2.347 trillion), Bitcoin ($2.263 trillion), Meta ($1.797 trillion), Broadcom ($1.684 trillion), and Saudi Aramco ($1.616 trillion) combined remain lower than gold. This data reflects gold's absolute dominance in the global asset market.
Binance IP's current price is $6.96, with a 24-hour increase of 21.04%. 24-hour transaction volume of 700 million US dollars, up 74.04%, for reference only
[Malicious Signatures Lead to User Loss of Over $210,000 in WBTC and tBTC] According to data from Scam Sniffer, a user suffered asset theft due to signing malicious 'permit' and 'increase Approval' requests, resulting in a loss of approximately $209,816 worth of WBTC and tBTC. This incident highlights the need for users to exercise greater caution when handling on-chain signature requests to prevent threats to asset security.
[Meteora Updates MET Tokenomics, Adjusts Allocation Plan] Solana liquidity management platform Meteora has updated the MET tokenomics, splitting the originally allocated 20% for Mercurial into 15% for stakers and 5% for the Mercurial Reserve. The Mercurial Reserve will be included in the circulating supply but will not be released during the TGE on October 23. The previously announced token allocation plan also includes distribution to the team, user incentives, off-chain contributors, and other stakeholders, with some tokens subject to linear vesting over six years.
OKX-BTC/USDT is currently trading at $114973.20, with a 5-minute drop of 0.10%. Please pay attention to market fluctuations.