Rhythm Morning News｜A summary of important news from last night and this morning on June 19

Arthur Hayes: Increasing holdings of PENDLE and DOGE

BlockBeats news, on June 19, BitMEX founder Arthur Hayes posted on social media, "I like this kind of volatile sideways trend that causes the price of junk coins to fall. I am increasing my holdings of PENDLE and DOGE."

Bloomberg analyst: Ethereum spot ETF is expected to be launched before July 4

BlockBeats news, on June 19, Bloomberg ETF analyst James Seyffart posted on social media, "Based on the documents submitted by Bitwise this time, it is unclear when these products (Ethereum spot ETFs) will be launched. Additional updates may not be required, and adjustments may also be required. But they need to eventually obtain SEC approval. approval. The launch time depends largely on the SEC's decision. Bloomberg ETF analyst Eric Balchunas and I think they should be launched before July 4."

Analysis: Bitcoin breaks through key support levels, could trigger an 8% to 12% pullback

BlockBeats news, on June 18, CryptoQuant analysts said that Bitcoin has fallen below the key price support level of 65,800, which may indicate an 8% to 12% pullback, which may cause the price to fall to $60,000.

CryptoQuant analysts said that Bitcoin whale demand growth remains weak. In addition, stablecoin liquidity continues to slow down, with the growth rate being the lowest since November 2023. Further downward pressure on Bitcoin comes from the unwinding of basis trades, which may lead to a large sell-off in the spot market, causing the price of Bitcoin to fall.

He Yi: I hope that the circulation of projects listed on Binance will not be less than 10%

BlockBeats news, on June 18, Binance co-founder He Yi responded to the discussion on "Why TON is not listed on Binance" on the social platform, saying, "Considering that many projects on the market have a circulation volume of 1-3% when they go online, we hope that the circulation of the project will not be less than 10%. If Megadrop or lounchpool is added, the total number of airdrops will be in the single digits to double digits. These coins are given to users by the project party."

Trump's cryptocurrency holdings plummeted to $10 million

BlockBeats news, on June 18, affected by the downward trend in the cryptocurrency market, Trump's cryptocurrency holdings plummeted, with holdings shrinking by about $4.08 million in a single day, leaving only $10 million.

When observed on June 5, its cryptocurrency holdings once exceeded $31 million. The two-week decline exceeded 67%.

ZachXBT: Martin Shkreli announced that he is the issuer of DJT tokens

BlockBeats news, on June 19, the chain detective ZachXBT posted on social media, "It's funny, Martin Shkreli sent me an urgent private message after I announced the submission of the DJT token issuer information reward application to Arkham, and then temporarily issued a statement announcing that he issued the token."

In addition, Trump's well-known supporter Bo Loudon has deleted the tweet "DJT IS THE ONLY REAL TRUMP TOKEN".

According to market information, DJT is now at $0.0199, with a current market value of $199 million.

BlockBeats reminds users that meme coins are risky, and there is still much controversy about the authenticity of DJT, so users should be cautious when investing.

Consensys: The US SEC is ending its investigation into Ethereum 2.0 and will no longer accuse ETH sales of securities transactions

According to BlockBeats, on June 19, Ethereum infrastructure development company Consensys posted on social media, “Today, we are pleased to announce a major victory for Ethereum developers, technology providers, and industry participants: the U.S. Securities and Exchange Commission (SEC) Enforcement Division has notified us that it is ending its investigation into Ethereum 2.0. This means that the SEC will not bring charges that the sale of ETH is a securities transaction.”

Telegram application TapSwap will be launched on the TON blockchain

According to BlockBeats, on June 18, Telegram’s mini application TapSwap will be launched on the TON blockchain. Ton said that TapSwap went online on February 15, 2024, and users earn in-game tokens by clicking and completing tasks. Today, the application has more than 50 million users worldwide, with nearly 1 million active users online.

BNB Chain will launch BEP-336, aiming to significantly reduce transaction costs

BlockBeats news, on June 18, BNB Chain announced that it will launch BEP-336, inspired by Ethereum's EIP-4844. It aims to optimize data storage and processing on the blockchain and significantly reduce transaction costs (up to 90%).

BEP 336 will be officially launched through the Haber hard fork, which is expected to take place on June 20, 2024. BEP 336 introduces "Blob-Carrying Transactions" (BlobTx), a concept designed to simplify the transaction verification process of the network.

A Blob is a temporary and cost-effective memory segment that can capture large data blocks, each up to 128 KB. Instead of verifying each transaction within a block one by one, the network only needs to verify the data within the attached Blob.

Lista DAO airdrop will be open for query at 17:00 tomorrow and open for claiming on June 20

BlockBeats news, on June 18, Lista DAO announced that the airdrop will be open for inquiry at 17:00 tomorrow, and claims will be open at 17:00 on June 20. Users will have 30 days to claim the airdrop, and unclaimed tokens after 16:59 on July 19 will be redirected to support the development plan of the ecosystem.

10% of the total supply of LISTA will be used for airdrops, and 8.5% of the tokens will be distributed when Lista goes online. The remaining 1.5% will be distributed in subsequent airdrop activities after LISTA goes online.

A bank executive embezzled public funds and laundered money through virtual currency, involving up to 2.6 billion yuan

BlockBeats reported that on June 18, according to Jiemian News, in August 2020, the former Party Secretary and President of Huludao Bank colluded with shareholders to fabricate an asset management plan on the grounds of resolving non-performing assets, and embezzled up to 2.6 billion yuan of the bank's funds.

The criminals illegally converted more than 1.8 billion yuan of the funds into foreign currency and transferred them to the Hong Kong company account. From September to October 2020, the criminals purchased virtual currency at a price higher than the market price in the virtual currency trading WeChat group. After that, the virtual currency they obtained was sold overseas through overseas virtual currency buyers and converted into US dollars and other remittances to the Hong Kong company bank account.

The court held that knowing that the funds of others were the proceeds of crime from the bank, he still helped them convert them into virtual currency and transfer them abroad. The circumstances were serious and his behavior constituted the crime of money laundering.

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