
headlines
headlines
The U.S. Securities and Exchange Commission (SEC) has filed an amended complaint in its lawsuit against Ripple Inc. The amended indictment now contains more factual details about the defendants in the case, Ripple CEO Brad Garlinghouse and co-founder Chris Larsen. Paragraph 10 of the amended indictment now highlights a new allegation that “both Larsen and Garlinghouse played a significant role in negotiating and approving Ripple’s sale of XRP to institutions and other offers of XRP to individual investors.” (AMBCrypto)
digital currency
secondary title
digital currency
Bitcoin Market Cap Exceeds $1 Trillion
According to Coingecko data, the price of Bitcoin broke through 54,000 USDT yesterday, and the total market value exceeded 1 trillion US dollars, setting a new high.
The three major platform currencies all hit record highs
According to the market, BNB broke through 300 USDT last night and reached a maximum of 350 USDT; OKB reached a maximum of 15.2 USDT, and HT reached a maximum of 23.8 USDT, both hitting record highs. (Data source: BitUniverse)
OKCoin announced that it will delist currencies such as BSV and BCH from March 1, 2021
OKCoin CEO Hong Fang announced on Twitter that starting from March 1, 2021, OKCoin will suspend the trading of BSV and BCH, as well as several other encrypted assets.
Business intelligence firm MicroStrategy has raised a whopping $1.05 billion in bitcoin investment today through the sale of convertible bonds. The aggregate principal amount of the notes sold in the offering was $1.05 billion, which included an aggregate principal amount of $150 million of notes issued pursuant to options to purchase. MicroStrategy estimates that the net proceeds from the sale of the bonds will be approximately $1.03 billion, after deducting discounts and commissions from the original purchaser and issuance expenses that MicroStrategy expects to pay, which the company intends to use to purchase additional bitcoin. (U. Today)
Canadian Investment Firm CI Financial Has Submitted a Bitcoin ETF Application
Canadian investment firm CI Financial has filed for a new bitcoin exchange-traded fund (ETF). CI is seeking approval for a Bitcoin ETF to list on the Toronto Stock Exchange (TSX). CI already operates the CI Galaxy Bitcoin Fund, which manages approximately $172 million worth of assets. (The Block)
Evolve Bitcoin ETF Starts Trading on the Toronto Stock Exchange Yesterday
Evolve Funds Group Inc. (Evolve) announced that its Bitcoin ETF was trading on the Toronto Stock Exchange (TSX) yesterday, offering Canadian dollar denominated unhedged shares (trading symbol EBIT ) and U.S. dollar denominated unhedged shares (trading symbol EBIT ) EBIT. U). According to previous reports, the Evolve Bitcoin ETF has been approved by the Ontario Securities Commission in Canada this week. (CNW)
North America's first Bitcoin ETF traded close to $100 million on its first day
The first Bitcoin ETF in North America, that is, the Bitcoin ETF of Purpose Investments, was very popular on the first day of trading, with a trading volume of nearly 100 million US dollars in the first few hours. Among them, the ETF’s trading volume exceeded $80 million in the first hour of trading, but it has since slowed down significantly. On the 18th, the Bitcoin ETF of Purpose Investments began trading on the Toronto Stock Exchange under the trading code BTCC. The Fund is offered in Canadian and U.S. dollars. (Cointelegraph)
Binance Smart Chain's total lock-up volume has exceeded $10 billion
Binance Smart Chain's total lock-up volume has exceeded $10 billion
Justin Sun, the founder of TRON, said on Weibo that at the end of this month, TRX, BTT, JST, SUN, and WIN five coins will be launched in conjunction with Super DeFi Century Mining, and they will also join the TRON project team to participate.
Blockchain industry
secondary title
Blockchain industry
A few days ago, Geely Holding Group signed a cooperation agreement with the Swiss Concordium Foundation, and the two parties will set up a joint venture in China. Relying on Concordium's blockchain technology, the joint venture provides business models and distributed applications (DApps) based on blockchain platforms to Chinese customers, including the automotive industry. The joint venture company will develop blockchain industry solutions, provide blockchain services (BaaS), and focus on cutting-edge technologies including digital identity, regulatory technology, and privacy enhancement technology to assist customers in various fields through research and development of blockchain underlying technology. The industry builds blockchain application scenarios and solutions. (Geely Holding Group)
Investment and Financing
Investment and Financing
Notes.Finance Completes $1.25 Million Financing, Electric Capital Participates
DeFi options product Pods Finance released an official blog announcing that it has completed a round of seed round financing before August 2020, raising $800,000 from traditional and DeFi VCs. Investors include Boost VC, Framework Ventures, P2P Capital, BitScale, Zeeprime, The LAO et al. This round of funding will be used to support further growth of the protocol and ultimately bring a simple hedging solution to cryptocurrency users.
APYSwap, a smart pool tokenization protocol, completes a $1.8 million private placement round of financing
APYSwap, a smart pool tokenization protocol, announced the completion of a $1.8 million private placement round of financing, with investors including NGC Ventures, Asymm Ventures, Genesis Block Ventures, Kyros Ventures, Hillrise Capital, Astronaut Capital, Black Mamba Ventures, AngelOne, and Gestalt Capital, among others. In addition, APYSwap also announced that it will soon issue native tokens through IDO (Initial Decentralized Exchange Offering).
Pods Finance announced that it has completed the seed round of financing, investors include Framework Ventures and The LAO, etc.
DeFi options product Pods Finance released an official blog announcing that it has completed a round of seed round financing before August 2020, raising $800,000 from traditional and DeFi VCs. Investors include Boost VC, Framework Ventures, P2P Capital, BitScale, Zeeprime, The LAO et al. This round of funding will be used to support further growth of the protocol and ultimately bring a simple hedging solution to cryptocurrency users.
global policy
global policy
Austrian Financial Market Authority Calls for Tougher Crypto Laws
Character·Voice
The Austrian Financial Market Authority (FMA) has revealed that more than 60% of financial fraud reports in the country involve crypto-traded products. FMA spokesman Klaus Grubelnik said that stricter crypto regulations are needed to curb these fraudulent investment activities, "We believe that stricter regulation is very much needed. False products in stocks and gold have always existed, and because of the hype, these scams are now turning to digital assets. ” (Cointelegraph)
Character·Voice
On February 19, Vitalik said in the community that the first batch of Rollups that support EVM may be launched in March, and after the launch, transaction fees will be reduced by 99%. At the same time, V God also said that Optimism and Arbitrum are in the leading position.
Opinion: Bitcoin is currently at the end of the third of the five bull market waves
Zhai Zhenlin, founding partner of Mizuki Weiming Fund, said in an interview that from a technical analysis point of view, Bitcoin is currently at the end of the third wave of the five bull market waves, and it may peak and fall in the short term. After adjustment, it is expected to continue in the second half of the year. rise. From the perspective of value analysis, the MVRV index representing long-term investor preference (MVRV is an indicator directly from the perspective of supply and demand in the secondary market, and is a proxy indicator for the average market profit multiple) is already at a relatively high level. It is in the speculative stage, but there is still a certain distance from the peak of the bull market in 2013 and 2017, and the signal of the peak of the bull market has not yet appeared. (Sino-Singapore Jingwei Client)
U.S. Treasury Secretary: BTC is a highly speculative asset, and it is important to supervise its trading institutions to protect investors