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White House opposes FIT21 but says it's 'eager to work with Congress' on balanced framework for digital assets
White House opposes FIT21 but says it's 'eager to work with Congress' on balanced framework for digital assets

A new statement from the Biden administration declares the president’s stance on FIT21. Though the Biden administration opposes FIT21, it’s open to working with regulators on creating a balanced digital asset regulatory framework. FIT21 is set to be voted on in the U.S. House of Representatives later today.

The Block·2024/05/22 16:34
Nasdaq files updated 19b-4 form for BlackRock's spot Ethereum ETF
Nasdaq files updated 19b-4 form for BlackRock's spot Ethereum ETF

Nasdaq filed the amended form for the world’s largest asset manager on Wednesday. Exchange CboeBZX filed revamped 19b-4 forms later on Tuesday for five spot ETF proposals.

The Block·2024/05/22 14:46
Bitwise Submits Revised Form 19b-4
Bitwise Submits Revised Form 19b-4

PANews·2024/05/22 14:40
Ethereum futures ETF daily trading volume hits all-time high as spot approval anticipation grows
Ethereum futures ETF daily trading volume hits all-time high as spot approval anticipation grows

Daily trading volume for Ethereum futures ETFs has hit a fresh all-time high amid growing spot approval anticipation.Ethereum futures ETFs generated $47.75 million in trading volume on Tuesday — 40% more than the $34.18 million peak set on March 5.

The Block·2024/05/22 13:58
Altcoins on the verge of big move
Altcoins on the verge of big move

Cryptodaily·2024/05/22 13:55
Flash
  • 00:57
    DOGE has risen and broken through 0.43 USDT, with a 24H increase of 14.67%
    Market data shows that DOGE has risen and broken through 0.43 USDT, currently quoted at 0.43273 USDT, with a 24-hour increase of 14.67%.
  • 00:55
    In the past 24 hours, a total of $285 million has been liquidated across the network, mainly short positions
    Coinglass data shows that in the past 24 hours, a total of $285 million has been liquidated across the network, with 95,432 people being liquidated. Of these, $92.15 million were long positions and $193 million were short positions. BTC liquidations amounted to $96.34 million and ETH liquidations totaled $36.04 million.
  • 00:24
    Overview of Key Overnight Developments on January 18
    21:00-7:00 Keywords: DCG, Trump, Coinbase 1. DCG fined $38 million for Genesis lending fraud; 2. TikTok CEO: Will do everything possible to ensure the continued prosperity of the TikTok platform; 3. U.S. Senator Ted Cruz plans to overturn controversial IRS crypto tax rules; 4. California Assemblyman Phillip Chen to draft a bill supporting Bitcoin; 5. U.S. Congressional Budget Office: U.S. real GDP growth rate expected to be 1.9% in 2025; 6. U.S. Department of Justice: A certain crypto "godfather" colluded with an officer to attempt to steal $100 million in cryptocurrency.
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