Lyra: There is a 20% chance that Ethereum will break through $5,000 by the end of June

According to cryptocurrency journalist Eleanor Terrett, the Securities Exchange Commission (SEC) and cryptocurrency exchange Binance have jointly filed an application with the court to delay the litigation against the exchange for another 60 days. According to the latest documents, the two sides have held effective talks, in part related to the work of the cryptocurrency working group, and said that it is in the interests of all parties to continue to suspend the litigation. The two sides will p...

According to Alternative.me data, today's cryptocurrency panic and greed index rose to 43 (yesterday's index was 25), indicating that the market has transformed from yesterday's "extreme panic state" to "panic state".

According to Decrypt, Spanish police have arrested six suspects and successfully dismantled a two-year-old cryptocurrency investment fraud ring. The gang used artificial intelligence technology to create fake celebrity videos and defrauded 208 victims of more than $21.50 million. The investigation began two years ago when a victim from the city of Granada reported to the police that he had lost more than $700,000. Fraud gangs lure...

According to Decrypt, the leadership of the Securities Exchange Commission (SEC) said on Friday that it will consider establishing a regulatory sandbox for digital assets, allowing cryptocurrency exchanges to freely experiment in new areas, including the possible opening of tokenized securities exchanges.

FTX/Alameda distributed the 186,000 SOL ($21.56 million) redeemed from the pledge to 22 addresses six hours ago. According to previous records, most addresses that receive SOL will later transfer the SOL to Coinbase or Binance. Since November 2023, the FTX/Alameda pledge address has been cumulatively redeemed and transferred out 8.031 million SOL ($1.03 billion) in this way, with an average transfer price of $128.3. There are currently 5.359 million SOL (645 million USD) in the FTX/Alameda pledg...

21:00-7:00 Keywords: Tariffs, US Customs, Gold 1. US Customs: The tariff declaration system malfunctioned. BlackRock increased its holdings of 4,238 ETH through its Ethereum ETF. 3. The SEC commissioner is concerned about the risks and lack of supervision of crypto trading platforms. 4. Spot gold rose short-term to break through $3,240/ounce, setting a new record high. 5. JPMorgan Chase CEO Dimon: There will be chaos in the US bond market, which will prompt the Federal Reserve to take action. 6....

Department of Justice Deputy Minister Lisa Monaco recently emphasized that it will prioritize combating illegal activities using cryptocurrencies, especially the use of privacy protection tools. In contrast, New York Attorney General Letitia James has argued for stricter cryptocurrency regulation. Monaco believes the Justice Department's existing legal tools are sufficient to address the issue without additional legislation. This stance contrasts with the push by some state officials for stricte...

Nick Timiraos, a Wall Street Journal reporter known as the "mouthpiece of the Federal Reserve", wrote that the University of Michigan consumer survey showed a surge in inflation expectations. One-year inflation expectations jumped from 5.0% to 6.7%, the highest level since 1981, and the fourth consecutive month of abnormal increases of 0.5 percentage points or more. Expectations rose across the board among Democrats, Republicans and independents. Long-term inflation expectations rose to 4.4% in ...

Treasury yields surged to their highest levels since February on Friday as traders complained that liquidity was deteriorating as the $29 trillion market slump deepened. The 10-year Treasury yield climbed 0.19 percent to 4.58 percent. Traditionally...

Consumer confidence in the United States has fallen sharply. The latest survey from the University of Michigan shows that consumer sentiment has fallen from 57.0 to 50.8, near the lowest level in three years, and inflation expectations for the coming year have soared to 6.7%. At the same time, investors have dumped US government bonds and the US dollar, sending the price of gold to a record high of $3,240/oz. The cryptocurrency market performed well, with bitcoin rising 4% and stabilizing at $82...

"Any discussion of crypto transactions quickly reveals the immense complexity and unique nature of these transactions," said SEC Commissioner Caroline A. Crenshaw at the second cryptocurrency roundtable. She noted that "investors are not aware that their crypto assets may be held in wallets controlled by the exchange alone. In bankruptcy proceedings, crypto assets held in custody are considered the property of the exchange. Their investments are not covered by FDIC or SIPC insurance." She emphas...

"We should consider whether there is a more efficient approach to regulation," Mark T. Uyeda, acting SEC chairperson, said at the second cryptocurrency working group roundtable. He noted that "under an inclusive federal regulatory framework, some market participants may prefer to provide trading services for tokenized securities and non-securities crypto assets under a single SEC license, rather than under 50 different state licenses." Uyeda stressed that "blockchain technology has the potential...