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SEC Chair Gensler reveals when Ethereum ETFs will be approved
SEC Chair Gensler reveals when Ethereum ETFs will be approved

Share link:In this post: SEC Gary Gensler expects Ethereum ETFs to be approved during this summer. Market stakeholders said the ETF issuers were currently awaiting comments from the SEC staffs about their S-1 filings. Meanwhile, US Senators criticized and questioned the SEC and CFTC regulatory actions gainst the emerging industry.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strong

Cryptopolitan·2024/06/13 20:52
Gensler says Ethereum ETF S-1 approvals likely 'over the course of this summer'
Gensler says Ethereum ETF S-1 approvals likely 'over the course of this summer'

SEC Chair Gary Gensler estimated that the S-1 approvals for spot ether ETFs could occur sometime by the end of this summer. A Tennessee Senator also chastised Gensler’s rule-making for the cryptocurrency industry, stating that the agency’s “roadblocks” have spurred U.S. companies to move abroad.

The Block·2024/06/13 16:43
Flash
08:37
WLD plummeted over 20% at one point, with a market capitalization dropping to $2.247 billion
BlockBeats News, June 6th, according to an exchange market data, WLD once fell by over 20%, currently trading at $0.4319, with a market cap of $2.247 billion. Arthur Hayes stated today that he has liquidated all his holdings of Worldcoin (WLD), diverging from his public commitment to holding WLD less than a day ago. Hayes views WLD as a liquidity proxy asset for AI-themed trading. He believes that as SpaceX puts more emphasis on AI and connectivity businesses, a strong performance at its listing will drive the entire AI and tech sector, with WLD serving as a substitute for retail investors who find it challenging to directly participate in SpaceX equity trading. However, SpaceX's stock has recently seen a significant drop in its pre-IPO price in the private market. Data indicates that the SpaceX pre-IPO price on Hyperliquid has fallen by over 50% in recent days, diminishing the appeal of AI concept trading and prompting Hayes to change his stance and exit WLD. Over the past month, WLD had defied the trend with an approximately 70% increase, but with the recent pullback, its one-month gain has narrowed to around 45%.
08:21
If Bitcoin surpasses $63,000, the mainstream CEX's total short liquidation amount will reach $1.513 billion.
BlockBeats News, June 6th, according to Coinglass data, if Bitcoin breaks through $63,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.513 billion. Conversely, if Bitcoin falls below $59,000, the cumulative long liquidation intensity of mainstream CEXs will reach $989 million. BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade.
08:11
NVIDIA Launches First Personal Laptops Designed for AI Agents
On June 6, NVIDIA announced the release of its first personal laptops specifically designed to run AI 'agents', collaborating with manufacturers such as Dell, Lenovo, and HP to produce these laptops.
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