Planetary Noon Briefing
1. Yi Lihua: Bullish on ETH's long-term opportunities, believes shorting ETH and the entire industry will prove to be a wrong decision;
2. Total Value Locked (TVL) of on-chain applications on Ethereum has surpassed $300 billion;
3. Zcash Development Team CEO: Bootstrap has deviated from its mission, forcing the development team to collectively resign; they will establish a new company to continue maintaining Zcash;
4. Analysis: Claims that the Venezuelan government secretly holds a massive amount of Bitcoin lack on-chain evidence;
5. Kalshi CEO supports legislation banning insider trading in prediction markets, stating the platform has already implemented relevant rules in advance;
6. Data: Coinbase CEO has not conducted COIN purchase operations under a 10b5-1 plan;
7. Swing trading whale buys 10,000 ETH, currently holds $127 million worth of ETH;
8. Bitcoin spot ETFs saw a total net outflow of $486 million yesterday, with Fidelity's FBTC leading with a $248 million net outflow;
9. Ethereum spot ETFs saw a total net outflow of $98.4453 million yesterday, with Grayscale's ETHE leading with a $52.0466 million net outflow.
