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Ripple CEO calls SEC chair Gensler’s regulatory approach a ‘political liability’
Ripple CEO calls SEC chair Gensler’s regulatory approach a ‘political liability’

Garlinghouse accused Gensler of not acting in "the best interest of the citizenry" and hindering the "long-term growth of the economy."

Crypto Slate·2024/01/17 00:38
Bitcoin Blunder: Somebody Just Lost $170,000 In BTC Transaction Fee
Bitcoin Blunder: Somebody Just Lost $170,000 In BTC Transaction Fee

A Bitcoin user tried to consolidate his UTXOs, but made a very costly mistake.

Cryptopotato·2024/01/17 00:22
BlackRock’s IBIT continues to lead Bitcoin ETF volume among ‘Newborn Nine’
BlackRock’s IBIT continues to lead Bitcoin ETF volume among ‘Newborn Nine’

Spot Bitcoin ETFs have recorded roughly $500 million in trading volume on the third day of trading, as of press time.

Crypto Slate·2024/01/17 00:12
ProShares files for five leveraged and inverse bitcoin ETFs
ProShares files for five leveraged and inverse bitcoin ETFs

The names of the funds are ProShares Plus Bitcoin ETF, ProShares Ultra Bitcoin ETF, ProShares UltraShort Bitcoin ETF, Proshares Short Bitcoin ETF and ProShares ShortPlus Bitcoin ETF.One of those funds “seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the daily performance of the Bloomberg Galaxy Bitcoin Index,” according to the prospectus materials.

The Block·2024/01/16 23:19
Spot bitcoin ETFs may increase short trades by traditional market participants, analyst says
Spot bitcoin ETFs may increase short trades by traditional market participants, analyst says

Quick Take: An analyst suggested the approval of spot ETFs has made it easier for short trades by traditional market participants. Shorting of spot bitcoin ETFs could cause a subsequent increase in BTC supply in the spot market, and put downward pressure on the price of bitcoin.

The Block·2024/01/16 20:13
Bitcoin price tracking ahead of the past 2 halvings — now 3 months to go
Bitcoin price tracking ahead of the past 2 halvings — now 3 months to go

If you expected spot ETFs to pump the price of bitcoin, chances are you’ll love what the halving is meant to do

Blockworks·2024/01/16 20:04
Flash
01:22
「White-Haired Stock God」 Predicts Major Surge in Stock Price, NBIS to Be Included in Nasdaq 100
BlockBeats News, June 12th, the "White-Haired Stock God" Serenity's US stock shout-out list saw a major surge, including: NEBIUS (NBIS) surged 4.98% at the close, and an additional 5.94% in after-hours trading. The Nasdaq 100 Index announced the quarterly review results for June 2026 today, with NBIS being included. NanoTech Semiconductor (NVTS) surged 8.34% at the close; Aehr Test Systems (AEHR) surged 10.41% at the close; AXT Inc (AXTI) closed with a 3.72% increase, and further surged by 3.1% in after-hours trading.
00:39
U.S. Appeals Court Upholds Trump's 10% Tariff Policy, May Go to Supreme Court
On June 12, a U.S. appeals court extended a lower court's injunction regarding Trump's imposition of a 10% global tariff. The federal appeals court ruled that the government can enforce these tariffs while legal disputes are ongoing. The court stated that allowing the tariffs to continue temporarily is 'well justified.' The ruling affects three importers, including two small businesses and the state of Washington, which paid tariffs for purchases made by the University of Washington. Trump imposed these tariffs in February under Section 122 of the Trade Act of 1974, after the U.S. Supreme Court overturned his previous tariffs imposed under the International Emergency Economic Powers Act. However, in May, a divided panel of the U.S. International Trade Court ruled that the tariffs imposed under Section 122 were also invalid, leading to a new round of appeals that may likely be submitted to the Supreme Court again. (Jinshi)
00:25
The SpaceX IPO is approaching, and US space stocks are seeing a strong performance ahead of time, with Virgin Galactic up over 34% consecutively.
BlockBeats News, June 12th, SpaceX's IPO is tonight, and US space-related stocks staged a strong performance on Thursday, continuing to rise after hours, including: Virgin Galactic (SPCE) closed up 21.66% and further increased by 13.09% after hours;AST SpaceMobile (ASTS) closed up 11.73% and further increased by 6.46% after hours; Rocket Lab (RKLB) closed up 9.26% and further increased by 7.62% after hours;Destiny Tech100 (DXYZ), a closed-end fund containing SpaceX shares, closed up 9.53% and further increased by 7.32% after hours. SpaceX will go public today (Friday) after the US stock market opens, with an IPO price of $135 per share, a valuation of about $1.77 trillion, and the stock ticker symbol SPCX.
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