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Share link:In this post: SEC Gary Gensler expects Ethereum ETFs to be approved during this summer. Market stakeholders said the ETF issuers were currently awaiting comments from the SEC staffs about their S-1 filings. Meanwhile, US Senators criticized and questioned the SEC and CFTC regulatory actions gainst the emerging industry.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strong
SEC Chair Gary Gensler estimated that the S-1 approvals for spot ether ETFs could occur sometime by the end of this summer. A Tennessee Senator also chastised Gensler’s rule-making for the cryptocurrency industry, stating that the agency’s “roadblocks” have spurred U.S. companies to move abroad.
JPMorgan analysts are skeptical about the sustainability of strong crypto inflows so far this year, citing current high bitcoin prices.If the current trend were to continue, it would result in an annualized net inflow of around $26 billion, they said.
- 06:33Bitget and Kaia Foundation have reached a strategic cooperation to jointly promote the development of Mini-Dapp ecology on the LINE social platformAccording to Foresight News, Bitget announced a strategic partnership with the Kaia Foundation to accelerate the development of the Mini-Dapp ecosystem driven by the Kaia blockchain. The ecosystem was officially launched today on the LINE social platform, which has more than 200 million monthly active users worldwide. This partnership will focus on exploring high-potential Mini-Dapps and provide them with a full range of support such as incubation, consulting, listing and marketing strategies. Gracy Chen, CEO of Bitget, said: "In 2024, our in-depth cooperation with the TON ecosystem demonstrated the great potential of the integration of Web2 and Web3. We believe that promoting the conversion of Web2 users to Web3 will be the focus in 2025. The cooperation with the Kaia Foundation aims to discover and empower high-quality Mini-Dapps on the LINE platform to promote the widespread popularity of this field." Dr. Sam Seo, Chairman of the Kaia DLT Foundation, said: "Bitget has successfully enabled a number of Web3 projects with its professional experience in global market promotion. This cooperation has injected new impetus into the expansion of the Kaia ecosystem. We firmly believe that with the support of Bitget, the Kaia blockchain will become an important cornerstone of Web3 innovation."
- 06:06Uniswap v4 deployment will start this week and will be fully launched next weekAccording to Foresight News, Uniswap posted on X that Uniswap v4 deployment will begin this week for developers to test Hooks and integrations on the chain. It is expected that all contracts will be fully launched next week and the contract addresses will be announced soon.
- 06:06Aria, the Story-based IP RWA protocol, will launch StakeStone deposit activities today, with the first RWAIP asset being Justin Bieber’s single “Peaches”According to Foresight News, Aria, the IP RWA protocol based on Story, will start the StakeStone deposit activity today. The first RWAIP asset is the single "Peaches" by global pop singer Justin Bieber, with a total deposit limit of US$7 million. By depositing the corresponding funds, users can obtain some of the producer rights, management rights and copyrights of the single, and will also receive StakeStone, Story and Aria tokens/points rewards. Aria is an IP RWA protocol based on the Story blockchain, which unlocks a new asset class by introducing iconic real-world IP assets to the chain.