Virtual Currency News Summary: Bitcoin ETF, SEC, LayerZero...Check out the latest overseas trends!
The virtual currency market is global, and it is very important to keep abreast of the latest developments overseas. In this issue, we will detail the latest news picked up from Coindesk, Cointelegraph, and other major overseas media.
Table of Contents
Bitcoin ETF
According to Coindesk,Bitcoin ETFs (Exchange Traded Funds) outflows $226 million, led by Fidelity's FBTCwere seen. This may have been influenced by the SEC's (U.S. Securities and Exchange Commission) delay in approving a bitcoin physical ETF. However, market attention remains high as many institutional investors still expect the approval of a bitcoin ETF.
SEC (U.S. Securities and Exchange Commission)
SEC,Lawsuits against virtual currency exchanges Gemini and Genesisfiled a complaint with the SEC. This is because the SEC alleges that Gemini's Earn program offered unregistered securities. The lawsuit represents a move toward increased regulation in the virtual currency industry, which could have a significant impact on the market going forward.
LayerZero
LayerZero Raises $120 Million in Series B Round Led by a16z cryptoLayerZero is a protocol that enables interoperability between different blockchains and is expected to play a key role in shaping the future of Web3. This funding will accelerate LayerZero's technology development and ecosystem expansion.
More News
- Bitcoin Price Rebounds at 1-Month Low:. Bitcoin rebounded to a one-month low, according to Cointelegraph. Analysts are keeping a close eye on the price trend going forward, noting that $65,000 could be the bottom.
- Meme stocks plunged:. GameStop's share price continued to fall and the entire meme stocks sector fell sharply. This can be attributed to deteriorating market sentiment and risk aversion.
- Riot Platforms and Bitfarms Rivalry Intensifies:... The conflict between Canadian virtual currency mining companies Riot Platforms and Bitfarms is intensifying. The two companies are at odds over power supply contracts and the operation of mining facilities.
Summarize
In this issue, we have included the latest international virtual currency news, including bitcoin ETFs, the SEC, LayerZero, bitcoin prices, meme issues, and the conflict between Riot Platforms and Bitfarms. These news items are critical to understanding market trends and changes in the regulatory environment.
We recommend that you continue to check Coindesk, Cointelegraph, and other international media to keep up with the latest news.
Disclaimer: The following is a list of all the information that can be found on the website. This article is for informational purposes only and does not constitute investment advice. Investing in virtual currency involves risk and should be done at your own discretion and risk.
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