The US SEC approves triple leverage Bitcoin and Ethereum ETFs

Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission, released a video announcing proposed rules aimed at regulating the U.S. cryptocurrency market and stating that clear rules will be implemented from now on. （Watcher.Guru）

The derivatives regulator is proposing two rules meant to cover the waterfront of crypto activity and exchanges, as long as it's not simple, direct trading.

Bitmine, a company listed on the New York Stock Exchange, increased its holdings of 15112 ETH worth approximately $41 million. Its ETH reserves reached 6016414 ETH worth approximately $1.64 million, accounting for 4.9% of the total ETH supply. Chairman Tom Lee stated that a cryptocurrency bull market is underway, with ETH outperforming the S&P 500 by 6832 basis points this quarter. Bitmine's total holdings, including cash, amount to $1.74 million, with 84% of ETH pledged. It is expected to generate an annualized revenue of approximately $363 million. (Source: Decrypt)

The US Commodity Futures Trading Commission has officially proposed the first batch of regulatory rules for the Bitcoin and cryptocurrency markets. （The Bitcoin Historian）

Binance LIT is currently priced at $3.86, with a 24-hour increase of 10.26%. 24-hour transaction volume of 200 million US dollars, up 23.06%, for reference only