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Rhythm Evening News|A list of important information in the crypto industry on May 23

BlockBeats2024/05/23 11:00
By:BlockBeats

10x Research: The market is waiting for the "signal" from the US SEC Chairman on the risks of crypto investment

10x Research posted on social media that "a few hours before the Bitcoin spot ETF was approved, Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), tweeted that cryptocurrency investors should consider all potential risks before making any investment. At about 9 a.m. Eastern Time this morning, there may be a tweet providing more clear information on whether approval is imminent.


Just as the SEC previously issued a warning signal before the listing of an ETF related to cryptocurrency futures, January 2024 also clearly indicated that the Bitcoin ETF will be approved.


Today, the market will wait for a similar "warning." However, approval appears to be a matter of formality, as the Grayscale Ethereum Trust's discount has narrowed from -30% a week ago to just -8%. An 8% discount means there is at least a 90% chance that the ETF will be approved. The trust manages a sizeable $11 billion in assets and could see some outflows from investors cashing out gains. The key question remains when these ETFs will begin trading if approved."


QCP Capital: Ethereum ETF approval may drive Ethereum up 60% in the coming months

QCP Capital said on Thursday that U.S. approval of a spot Ethereum ETF could drive Ethereum up by as much as 60% in the coming months, referring to the performance of Bitcoin prices after the approval of the Bitcoin spot ETF in January.


In addition, QCP Capital stated that "implicit volatility exceeded 100% on Friday, and the market is expected to explode."


Consensys CEO: Ethereum ETF 19b-4 application will be approved, but it will take more time to actually launch

Consensys CEO Joseph Lubin said in an interview that several 19b-4 applications submitted by companies such as BlackRock will be approved by the U.S. Securities and Exchange Commission (SEC). However, launching them to the public may be a longer process. Lubin said that "S1 filing approval is the key to the listing of these new ETFs, which may be delayed for a while. It is not clear whether it will be delayed. I guess this is a huge political issue now."


Lubin also said that considering that there are some very savvy supporters on the Democratic side, they are trying to develop a strategy to convince crypto supporters that the president and other candidates are supportive of cryptocurrencies.


StarkWare launches a program to drive innovation in the Starknet ecosystem, with an initial budget of 5 million STRK

StarkWare announced the launch of a new program to drive innovation in the Starknet ecosystem, with an initial budget of 5 million STRK. The program aims to attract and retain top talent, promote development and innovation, enhance community education and fun, and ensure accountability and reward contributions.


Telegram will launch in-app currency Telegram Stars to deal with Apple App Store payment restrictions

According to foreign media Rozetked, starting from June 12, Telegram will launch a new in-app currency Telegram Stars. Users can purchase it through Apple and Google, and then use it to pay for digital goods and services within the Telegram bot/applet. Many developers said they received notifications about the launch of the token, and Telegram's marketing channel also released related news.


According to reports, Apple has notified Telegram that it has issued a warning to it for violating Articles 4.7 and 3.1.1 of the Application Review Rules, that is, it accepts payments and services from customers without using Apple's internal purchase mechanism.


Users will reportedly be able to buy Stars through shopping tools in the App Store and Google Play, and may be charged a 30% commission for the service. Developers will be able to withdraw the token in TON.


UniSat: Will airdrop "pizza" inscriptions to eligible user wallets

According to official news, UniSat announced that it will airdrop "pizza" inscriptions to eligible user wallets. According to the claim page, addresses that have interacted with UniSat services within 3 months, addresses holding more than 500 UniSat points, addresses that have interacted in the brc20-swap module, and UniSat OG Pass holders can all obtain the inscription.


After the user claims on the page, there is no need to pay a handling fee. UniSat will send the inscription to the user's wallet after the inscription is completed.


ETH/BTC exchange rate bull James Fickel bought another 2,642 ETH

According to Spot On Chain monitoring, ETH/BTC exchange rate bull James Fickel spent 10.1 million USDC to buy 2,642 ETH (about 24.4 million US dollars) at an average price of about 3,820 US dollars.


Overall, in the past 3 days, Amaranth Foundation founder James Fickel spent a total of 390 WBTC and 26.1 million USDC (total value of 53.3 million US dollars) to buy 14,494 ETH at an average price of 3,675 US dollars.


Binance Megadrop Phase 2 will launch Lista (LISTA)

According to the official announcement, Binance announced that the second Megadrop project is Lista (LISTA), a liquidity staking and decentralized stablecoin protocol.


The maximum supply of LISTA tokens is 1,000,000,000, the initial circulation is 230,000,000 (23% of the maximum supply of tokens), and the total Megadrop is 100,000,000 (10% of the maximum supply of tokens).


Yesterday, the US spot Bitcoin ETF had a net inflow of US$154 million, a net inflow for 8 consecutive days

According to HODL15Capital monitoring, yesterday's US spot Bitcoin ETF had a net inflow of US$154 million (approximately 2,211 BTC), achieving net inflows for 8 consecutive days.


Jupiter's third round of LFG voting is now open, with three projects including Divvy Bet and deBridge

Jupiter's third round of LFG voting opened at 1:00 this morning and will last for 72 hours. There are three projects including the entertainment platform Divvy Bet, the cross-chain interoperability platform deBridge and the trading platform ExchangeArt.


Liquidity staking protocol ClayStack announced that it will stop operating and will only support withdrawals from now on

ClayStack, the Ethereum liquidity staking protocol, announced that it has decided to stop operating due to the lack of resources and product market fit in the platform's continuous operation over the past three years. From now on, ClayStack will enter a mode that only supports withdrawals. The platform has already carried out the staking operation, and it is expected that the funds can be collected before June 18.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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