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📢 Gate Square Daily | July 1st
1️⃣ Industry Updates: Visa, Stripe, Mastercard, BlackRock, Coinbase, and other financial institutions are preparing to launch the stablecoin OUSD, building an on-chain U.S. dollar infrastructure for institutional payments and settlement.
2️⃣ Regulatory Updates: The U.S. SEC has initiated an assessment of new ETF regulatory rules and opened a public comment period, focusing on crypto ETFs and products related to prediction markets.
3️⃣ Market Updates: BTC is reported at $58,530, down 2.9% over the past 24 hours; ETH is reported at $1,569, down 2.8% over the past 24 hours.
4️⃣ Institutional Moves: Trump disclosed that he holds more than $100 million worth of BTC and ETH; U.S. Vice President JD Vance disclosed that he holds between $250,000 and $500,000 worth of Bitcoin.
5️⃣ On-Chain Updates: a16z continues to reduce its HYPE holdings, transferring approximately $10.19 million worth of tokens to trading platforms over the past two days.
1️⃣ Industry News: Visa, Stripe, Mastercard, BlackRock, Coinbase and other financial institutions are preparing to launch the stablecoin OUSD, building an on-chain dollar infrastructure for institutional payments and settlements.
2️⃣ Regulatory News: The U.S. SEC has launched an evaluation of new ETF regulatory rules and is seeking public comments, focusing on crypto ETFs and prediction market-related products.
3️⃣ Market News: BTC is at $58,530, down 2.9% in 24 hours; ETH is at $1,569, down 2.8% in 24 hours.
4️⃣ Institutional Moves: Trump disclosed holding over $100 million in BTC and ETH; U.S. Vice President JD Vance disclosed holding between $250k and $500k in Bitcoin.
5️⃣ On-chain News: a16z continues to reduce its holdings of HYPE, transferring approximately $10.19 million in tokens to trading platforms in the past two days.