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🧐 Katie Wood: The SEC has approved filings (Forms 19b-4) for the Ethereum Spot ETF due to the US presidential election.

Cryptocurrency is one of the most important topics in the election race, and D. Trump is more friendly towards the crypto industry. (this is why D. Biden needs an ETF on Ethereum)

The SEC may approve the Solana ETF, but I doubt it will approve the meme coin ETF.

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🔥 The NYSE may add the ability to trade cryptocurrency.

NYSE – New York Stock Exchange.

– The head of the NYSE will consider the possibility of listing crypto assets on the exchange when a clearer regulatory framework appears in the United States.

▫️Tom Farley (CEO Bullish) – The regulatory environment in the US will improve over the next couple of years, regardless of the election results.

▫️Member of the House of Representatives, Patrick McHenry - Over the next year, the United States will adopt a full-fledged law for crypto regulation.

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✔️ The Joe Biden campaign headquarters is actively negotiating with leading players from the crypto industry.

- The team of the US presidential candidate (in the last two weeks) receives recommendations and develops a policy in the field of digital assets.

- Insiders note a positive "shift" in the tone of the Biden administration towards cryptocurrency.

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🏦 Deutsche Bank is testing a platform for tokenizing assets on the Ethereum blockchain.

“The introduction of blockchain technologies will increase the speed of transactions and reduce costs.” —Anand Rengarajan

On June 5, the US House of Representatives will discuss the tokenization of real assets. (FOX)

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🇰🇬🇷🇺 The Chairman of the Cabinet of Ministers of Kyrgyzstan proposes using stablecoins for trade with European countries.

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💵 DBS Bank has $650,000,000 in ETH on its balance. (Nansen)

DBS Bank is the TOP-1 bank in Singapore, assets under management are estimated at $365,000,000,000+.

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📈 BlackRock already has 289,035 BTC ($19.4 billion) on its balance sheet

Spot Bitcoin ETFs have already had 12 consecutive green days.

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❗Donald Trump is the first former US president to be convicted.

The court found the former US President guilty of falsifying business documents - he faces up to 4 years in prison (or a fine).

“Trump paid porn actress Stormy Daniels $130,000 to hide a sexual relationship.”

Sentencing will take place on July 11.

✔️Lawyers - D. Trump can go to prison and become president at the same time (delay of execution).

✔️D. Trump - It was a rigged and disgraceful trial. We will continue to fight. (probably an appeal)

The new FreeTrum token rose 750% after the verdict. The #TRUMP token first crashed by 35% and then began to rise again.

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🇭🇰 Hong Kong has started to promote the ideas of DEFI and WEB3 development!

"This is a rare case where the Hong Kong government expresses support for DeFi. Previously, the Hong Kong SFC required that the same regulatory requirements apply to this industry as to traditional financial institutions."

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🤯 The largest altcoin splits in June 2024 are TokenUnlocks.

..That's about $740,000,000

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💵 Tether invested $150,000,000 in the mining company Bitdeer.

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🇺🇸 US macro data (PCE):

▪️ Basic price index of personal consumption expenditures (YoY) (Apr)

FACT: 2.8%
FORECAST: 2.8%
PREV: 2.8%

▪️ Basic price index of personal consumption expenditures (MoM) (Apr)

FACT: 0.2%
FORECAST: 0.3%
PREV: 0.3%

▪️ Price index of personal consumption expenditures (YoY) (Apr)

FACT: 2.7%
FORECAST: 2.7%
PREV: 2.7%

▪️Personal consumption expenditure price index (MoM) (Apr)

FACT: 0.3%
FORECAST: 0.3%
PREV: 0.3%

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❌ The Japanese crypto exchange DMM Bitcoin was hacked - hackers stole $305,000,000+ worth of BTC.

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🇺🇸 In the state of Oklahoma, taxes for miners and crypto investors will be CANCELED - a corresponding bill has been passed in the State Senate. (the governor's signature remains)

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🟠 Bitcoin price on June 1st 📈

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👛 The Phantom wallet has successfully completed beta testing of working with Bitcoin ordinals, and now allows you to buy, store and sell BRC-20 and ordinals without the participation of centralized exchanges and non-trust applications.

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🕯 Number of active addresses in leading networks

#Tron #Bitcoin #Ethereum #Litecoin are leaders in the number of active users. #Dogecoin is in fifth place.

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⛔ Hackers hacked the Velocore DEX exchange - the preliminary amount of losses is $10,000,000.

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#calendar
⚡️ Calendar of key events for this week:

Monday 3 June:
🇺🇸USA - Manufacturing PMI (Feb)
🇺🇸USA - ISM Manufacturing PMI (May)

Tuesday 4 June:
🇺🇸USA - Number of open vacancies on the JOLTS labor market (Apr)

Wednesday 5 June:
🇺🇸USA - Nonfarm Payrolls from ADP (May)
🇺🇸USA - Services/Composite PMI (May)
🇺🇸USA - ISM Services PMI (May)

Thursday 6 June:
🇪🇺EC - ECB rate - 15:15
🇺🇸USA - Initial Jobless Claims
🇺🇸USA - Fed balance sheet

Friday 7 June:
🇺🇸USA - Nonfarm Payrolls (May)
🇺🇸USA - Lv. unemployment (May)

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❌ 🇺🇸 Joe Biden vetoed a bill that would allow regulated financial companies to hold cryptocurrency. (Resolution No. 109)

“The Biden Administration will not support measures that jeopardize the welfare of consumers and investors + could interfere with the work of the SEC.”

Resolution No. 109 aims to repeal the accounting rule "SAB 121" (which could prevent banks from holding cryptocurrency).

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#insider #usdt #HongKong
🇭🇰 Tether is considering the possibility of returning to the Hong Kong market.

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