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CFTC Commissioners dissent on Uniswap settlement
CFTC Commissioners dissent on Uniswap settlement

Two CFTC Commissioners are over the so-called “regulation by enforcement” trend

Blockworks·2024/09/05 07:42
US spot bitcoin ETFs continue to bleed with $37 million in net outflows
US spot bitcoin ETFs continue to bleed with $37 million in net outflows

Grayscale’s GBTC led the outflows of spot bitcoin ETFs on Wednesday, with $34.25 million leaving the fund.Bitcoin edged up 0.97% over the past 24 hours to trade at $57,276 at the time of writing.

The Block·2024/09/05 05:21
How Many Shiba Inu Can Make You A SHIB Crypto Millionaire?
How Many Shiba Inu Can Make You A SHIB Crypto Millionaire?

Putting $14.5k on $SHIB will make an investor a millionaire if the price rises to $0.0003

CryptoNews·2024/09/05 03:30
Flash
23:26
Bitmine plans to issue $300 million perpetual preferred shares modeled after Strategy, with an annual dividend yield of 9.5%
BlockBeats news, on June 4, according to filings submitted to the US SEC, Bitcoin mining company Bitmine Immersion Technologies announced the issuance of 3 million Series A perpetual preferred shares with an annual yield of 9.50%, each with a par value of $100, with an expected total fundraising amount of $300 million. According to the issuance terms, the preferred shares will have an initial liquidation preference of $100 per share, which may be adjusted in the future according to relevant regulations, but will not fall below $100. The preferred shares will pay a cumulative dividend at an annualized rate of 9.5%, distributed weekly in cash. Even if the company does not declare dividends or temporarily lacks distributable funds, dividends will continue to accumulate. Bitmine stated that, in the future, the frequency of distributions may be increased depending on circumstances, providing investors with a stable source of cash returns. In addition, the company holds an early redemption right. Within 18 months after the issuance, Bitmine may redeem the preferred shares at 110% of par value; during the period from 18 months to 3 years, the redemption price is 105% of par value; after 3 years, the shares can be redeemed at 100% of par value. All redemptions will require the payment of any accumulated unpaid dividends. If the number of outstanding preferred shares falls below 25% of the total issued, or if certain tax events occur, the company also has the right to redeem all remaining preferred shares.
23:17
ICE rapeseed rises to near three-year high due to strong crude oil and delayed planting
Golden Ten Data Futures, June 4 – According to foreign media reports, on Wednesday, the Intercontinental Exchange (ICE) Canadian canola futures market closed higher, with the benchmark contract rising 2.6% and reaching its highest level in nearly three years. This mainly reflects poor weather leading to unplantable farmland, a weak Canadian dollar, and increased prices of other vegetable oils. The July contract briefly broke through the 800 Canadian dollar mark during the session and hit its highest level since early September 2023, with a surge in trading volume that day. The November contract, representing the new crop, also broke above 800 Canadian dollars and closed above that point. An analyst stated that canola futures have performed strongly recently and continue to be impacted by the Iran war.
23:05
BTC's current market dominance drops to 57.30%
BTC declined, with a trading volume of $53.6 billion in the past 24 hours, a circulating market capitalization of $1.29 trillion, and a market share dropping by 1.24%. Data is for reference only.
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