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Cointime June 29th News Express

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  • BTC falls below $115,000

    the market shows BTC falling below $115,000, now trading at $114,983.6, a 24-hour decline of 0.46%. The market fluctuates greatly, please manage risk control.
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  • US spot Ethereum ETF saw a net inflow of $361.05 million yesterday

     according to TraderT monitoring, the net inflow of US spot Ethereum ETF was $361.05 million yesterday.
  • US spot Bitcoin ETFs saw a net inflow of $258.92 million yesterday

    according to TraderT monitoring, the net inflow of the US spot Bitcoin ETF was 258.92 million US dollars yesterday.
  • Strive Launches $450 Million Public Offering to Further Increase Bitcoin Holdings

     Bitcoin treasury company Strive (Nasdaq code ASST) announced the launch of a $450 million public offering plan to increase its Bitcoin holdings and raise the proportion of Bitcoin per share. This issuance is part of the company's total $950 million capital initiative, which also includes a $500 million stock buyback plan to enhance balance sheet flexibility. Strive currently holds 69 Bitcoins, worth approximately $7.9 million, and can raise an additional $750 million in the next 12 months through warrants. The company stated that it will issue preferred shares through a registration structure to purchase additional Bitcoins, increasing shareholder exposure to Bitcoin and enhancing shareholder value.
  • Coinbase CEO clarifies: No clear plans for Base network tokens at this time

    in response to Base's announcement of exploring the launch of a network token, Coinbase CEO Brian Armstrong clarified on X platform that they are indeed exploring the Base network token. They hope that this token can become an excellent tool to accelerate the growth of creators and developers in decentralization and ecosystem expansion. However, it should be pointed out that at this stage, there is no specific plan for the related token, and disclosing the information is just for public update of the concept.
  • Base Network Considers Issuing Tokens

    jesse Pollak, the head of the Base protocol, stated on BaseCamp that Base is exploring the possibility of issuing network tokens.
  • Jupiter Lianchuang: Bitcoins held by WBTC should not be used for other purposes, and BitGo should clarify community doubts

    Jupiter co-founder meow published a "Letter to the New and Old Custodians of WBTC" on social media, stating that "Bitgo was chosen as a partner when the WBTC project started a few years ago because we believe that it is most critical to have a partner who is fully focused on custody to keep Bitcoin." "But the most important thing is that under no circumstances should the Bitcoin behind WBTC be used for any purpose. I do not intend to make any judgments about Bitgo, they have indeed been an excellent custodian so far, and I believe they have the best intentions."Meow believes that it is crucial for WBTC, the entire DeFi ecosystem, and Bitgo/Bitglobal to clarify a few things immediately: 1. Who exactly is part of the multi-signature holding BTC? 2. Will BTC be used for any purpose? 3. What are the benefits of this cooperation for both parties, and is it beneficial for TRON to adopt WBTC? 4. How exactly does cross-jurisdiction help? 5. Is it possible to have a very respected independent party join the multi-signature group and act as both a communicator and a signer?"
  • Cointime August 10th News Express

    1. The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs
  • Jupiter Lianchuang: In the future, the team will focus on more powerful monitoring, optimization and completing some new experiments

    Jupiter stated in a post on X: "We are sorry that our platform did not operate according to the high standards we set for ourselves. The team will work hard in the coming weeks to address these issues."