[Grayscale Adds Shiba Inu to the List of Assets Eligible for Spot ETF Listing] Grayscale Investments announced that Shiba Inu (Shiba Inu) has been included as one of the crypto assets eligible for listing on a U.S. spot exchange-traded fund (ETF). This news was published in Grayscale's recent blog post, *Market Byte: Here Come the Altcoins*. Grayscale noted that following the launch of Bitcoin and Ethereum ETFs, the development process for ETF products targeting altcoins like Shiba Inu has been significantly simplified. The report mentioned that the first Bitcoin spot exchange-traded product (ETP) took over ten years from its proposal in 2013 to its approval in January 2024. However, the U.S. Securities and Exchange Commission's (SEC) approved 'General Listing Standards' (GLS) framework has now accelerated the rollout of cryptocurrency ETPs.
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Click on the link to enter the live broadcast room: https://meeting.tencent.com/dm/6Vv1PiDbfwTY The market sentiment is weak, and the overall cryptocurrency market lacks positive macro news catalysis, with investor sentiment leaning towards defense and hedging. There is still uncertainty about whether the Federal Reserve will cut interest rates in December (according to CME's "Fed Watch" data, the probability of a 25 basis point rate cut in December is 67.3%). This uncertainty keeps the market cautious. The decentralized finance (DeFi) protocol balancer has been hacked and may suffer losses exceeding $100 million. This type of security incident has seriously undermined the confidence of the market, especially the Ethereum ecosystem. Data shows that approximately 400000 bitcoins (worth over $40 billion) have been sold by long-term holders in the past month, putting supply pressure on the market. The net inflow of Ethereum ETF in October sharply decreased from $5.2 billion in July to $600 million, indicating insufficient new funds. Last night, we quickly broke through the support of 3650 and went down 📉 At 3558, yesterday's support of 3650/3580-3780/3800 has become short-term resistance; Intraday support downward: 3550-3450-3380; Breaking the limit and descending by 3150, it is a densely traded area; The 1-hour resistance of intraday rebound is still short selling; Every Tuesday evening at 8 pm, Wednesday afternoon at 4 pm, and Friday evening at 8 pm, the meeting number remains the same. Save the meeting number and enter the live broadcast room on time to make orders together, and accompany the live broadcast. Join the Jujin Community Exchange Group to receive more services 1. Real time troubleshooting (online 1-on-1 question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live courses, contract termination, real-time order making, help you successfully land 5. Aggregation group gathers strategies from major bloggers 6. Real Trading K Short term Tool Helps Short term Trading The market is constantly changing, with opportunities and risks coexisting. We hope everyone operates cautiously and invests rationally! Thank you all for your attention! Meeting number: 389-5442-3424 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
贝莱德向Coinbase转入约2.93亿美元加密资产
[BlackRock Transfers Approximately $293 Million in Crypto Assets to Coinbase] BlackRock recently transferred approximately $213 million worth of BTC and $79.83 million worth of ETH to Coinbase, with the total value of the two assets amounting to approximately $293 million. This transfer was a centralized deposit, possibly intended for subsequent asset management or liquidity allocation.
Stream Finance 损失或引发超2.85亿美元风险敞口
**[Stream Finance Loss May Trigger Over $285 Million Risk Exposure]** Independent DeFi analyst YieldsAndMore pointed out that Stream Finance's $93 million loss could lead to over $285 million in risk exposure, affecting lending markets, stablecoins, and liquidity pool networks. Stream's debt spans across seven networks, including counterparties such as Elixir, MEV Capital, Varlamore, TelosC, and Re7 Labs. Its related tokens xUSD, xBTC, and xETH have been repeatedly collateralized across multiple protocols, further amplifying potential risks. Estimates show that TelosC, Elixir, and MEV Capital are respectively associated with approximately $123.6 million, $68 million, and $25.4 million in debt. Elixir's deUSD stablecoin risk is particularly prominent, as it lent $68 million USDC to Stream, accounting for 65% of deUSD's total reserves. The Stream team has suspended repayments, and legal reviews are still ongoing. Analysts predict that as positions are liquidated and contract audits progress, more affected liquidity pools may emerge.
XRP: Analysts expect ETF early capital inflows to exceed $1 billion
Analysts believe that as the US Securities and Exchange Commission (SEC) reforms shorten the approval process, XRP may become a new option for the ETF market, with early capital inflows expected to exceed $1 billion. (Cointelegraph)
CZ称Giggle Academy将销毁一半收到的Giggle Fund Token捐赠
[CZ States Giggle Academy Will Burn Half of the Giggle Fund Token Donations Received] CZ posted on the X platform, stating that the Giggle Fund Token smart contract will directly donate BNB to Giggle Academy's public donation address. The transaction fee donation proposed by Binance will be conducted in the form of Giggle Fund Token. Giggle Academy plans to burn half of the tokens received, while the remaining portion will be converted into BNB.