Bitpush Editor's Daily Selected Web3 News:
【Bloomberg Analysts Raise Approval Probability of Spot XRP, Dogecoin, and Cardano ETF to 90%】
According to market sources, Bloomberg analysts have raised the approval probability of spot XRP, Dogecoin, and Cardano ETF to 90%.
【Trump Again Calls for Interest Rate Cut, Might Choose "Not to Fire" Powell】
Trump stated that he might change his mind and not fire Powell. Trump again referred to Powell as "Mr. Too Late" on social platforms and harshly criticized his complaints about inflation costs as stemming from "economic problems caused by the Biden administration". He said Powell should make the "biggest and best contribution" to the United States by cutting interest rates.
【pump.fun Token Auction Postponed Again to Mid-July, Valued at Around $4 Billion】
According to Wu Blockchain, the pump.fun token auction has been postponed again to mid-July, with a valuation of around $4 billion. It has been delayed multiple times since late last year, with the project team selling token quotas to crypto funds.
【Wyoming State Government Supports Stablecoin WYST Plan to Launch Mainnet on August 20】
According to The Block, the latest monthly meeting records of the Wyoming Stablecoin Committee (a government-supported organization) show that the committee plans to officially launch its WYST stablecoin mainnet on August 20. WYST is a USD-pegged stablecoin authorized by the Wyoming Stablecoin Act in 2023, aimed at consolidating the state's leadership in the blockchain field.
Currently, the organization has not finalized which blockchain WYST will be deployed on, but the first state-backed stablecoin will likely be simultaneously released on multiple blockchains.
This release may coincide with the first national stablecoin bill, which former US President Donald Trump previously stated he hopes to sign before the end of summer. According to the latest timeline, the Wyoming Stablecoin Committee will first migrate the WYST smart contract to a selected "candidate" blockchain, then conduct a "production test" by "using institutional funds to fund small WYST purchases and ensure the end-to-end process is in place" in preparation for the public release during the August Wyoming Blockchain Symposium.
【Analysis: Trend Research's ETH Cost Around $2,240, Holding Approximately 177,000 ETH】
On June 20, according to EmberCN monitoring, Trend Research under LD Capital now holds approximately 177,000 ETH (about $453 million), some of which were purchased by borrowing USDT from Aave after staking ETH. They have borrowed a total of 230 million USDT, with a leverage ratio close to two times.
Their ETH comprehensive cost should be around $2,240, with current unrealized gains of about $55 million.
【Insider: Reddit Considering Orbs-based World ID Iris Scan Verification System】
Reddit is considering using the World ID verification system based on Orbs iris scanning, whose parent company was co-founded by OpenAI CEO Sam Altman. World ID may soon become a way for Reddit users to verify their unique identity while remaining anonymous. Reddit is in talks with the parent company Tools for Humanity, highlighting the growing market for new identity verification technologies. Currently, AI is causing a proliferation of fake content on online platforms, and governments are considering new age verification laws to prevent children and teenagers from accessing social media.
【Coinbase Obtains EU Crypto License and Moves EU Headquarters from Ireland to Luxembourg】
Crypto exchange Coinbase announced obtaining the MiCA license from Luxembourg's financial regulator CSSF, becoming the first US crypto exchange platform fully authorized in the EU. The company also announced moving its EU headquarters from Ireland to Luxembourg, citing the latter's more forward-looking financial policy environment. Coinbase CEO Brian Armstrong stated: "Coinbase is fully committed to the European market. MiCA has set the standard, and Luxembourg, with its business-friendly environment and prudent regulatory approach, is leading industry development."
Twitter: https://twitter.com/BitpushNewsCN
Bitpush TG Group: https://t.me/BitPushCommunity
Bitpush TG Subscription: https://t.me/bitpush
