Hotspot Explosion: SEC Holds DeFi Roundtable, New York Mayor Advocates BitBond, Bitcoin Options Expiring Soon

robot
Abstract generation in progress

Crypto Assets Market Today News

Regulatory Dynamics

The U.S. Securities and Exchange Commission will hold a roundtable on "DeFi and the American Spirit" on June 9, with several SEC officials and industry representatives in attendance. The meeting will be broadcast live, with panel discussions and a public Q&A session.

New York City Mayor Eric Adams calls for the abolition of the BitLicense cryptocurrency licensing system by the New York State Department of Financial Services and proposes the issuance of Bitcoin municipal bonds "BitBond".

Poland's presidential candidate Karol Nawrocki promised to support the development of the Crypto Assets industry after being elected and to oppose regulatory policies that restrict investment freedom.

Pakistan has announced the establishment of a government-led Bitcoin strategic reserve, marking a significant shift in the country's stance on Crypto Assets.

Market Trends

Bitcoin options and Ethereum options will have over $11.7 billion in notional value expiring, with the maximum pain point price for Bitcoin options at $100,000.

Trump's son predicts that Bitcoin prices are expected to exceed $170,000 by the end of 2026.

Wans predicts that Bitcoin holders in the United States will double, claiming that they still hold a considerable amount of Bitcoin.

James Wynn has given back all of his $87 million profit due to high leverage operations and lost $3 million of his principal.

The total net inflow of Bitcoin spot ETFs yesterday was $433 million, continuing a 10-day net inflow.

Company News

BlackRock plans to purchase approximately 10% of Circle's IPO shares, while Ark Invest plans to subscribe for $150 million worth of shares.

The team behind Freysa AI, Eternis AI, has raised $30 million in funding from companies such as Coinbase Ventures.

The Web3 game distribution platform Oncade has completed a $4 million financing, led by a16z crypto CSX.

Conduit completed a $36 million Series A financing round, led by Dragonfly Capital.

VivoPower has completed a $121 million financing led by a Saudi prince, transforming its focus towards an XRP-based Crypto Assets reserve strategy.

Project Progress

Plume co-founder Eugene has unfortunately passed away, and the company is committed to continuing to drive technological innovation.

Binance Alpha will become the first platform to launch Assisterr AI (ASRR).

Musk denied that a deal between xAI and Telegram has been signed, causing the price of the TON coin to drop.

DEFI3.6%
BTC-0.28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Share
Comment
0/400
PumpDoctrinevip
· 08-02 14:56
When it comes to regulation, the SEC wants to play what tricks?
View OriginalReply0
MEV_Whisperervip
· 08-02 14:06
Wow, I really don't understand how the SEC is playing with Decentralized Finance.
View OriginalReply0
MoneyBurnervip
· 08-02 14:04
Copy a bottom position and wait for news to catalyze the market, go all in with the big guy.
View OriginalReply0
BuyHighSellLowvip
· 08-02 14:01
Rekt in the Bear Market, suckers in the crypto world never give up.
View OriginalReply0
fomo_fightervip
· 08-02 13:54
The SEC is just putting on a show again.
View OriginalReply0
ForkTonguevip
· 08-02 13:40
Can BitBond enter a position?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)