Fox reporter: Scott Bessent, Trump's nominee for Treasury Secretary, strongly supports cryptocurrency

According to Nihon Keizai Shimbun, SBI Securities and Lotte Securities plan to develop cryptocurrency investment trust products, which will be launched after the regulatory framework is established. SBI Securities will develop funds through its subsidiary SBI Global Asset Management, covering ETFs and investment trusts for highly liquid cryptocurrencies such as Bitcoin and Ethereum. Lotte Securities plans to collaborate with members of the Lotte Investment Management group to develop products that can be traded through a smartphone app. The Japan Financial Services Agency plans to revise the implementation order of the Investment Trust Law by 2028, including cryptocurrencies as investment trust assets and lowering the transaction income tax rate to 20%.

[Bradley Duke: Canaccord Wealth UK Launches Bitcoin and Ethereum ETP] According to a tweet by Bitwise's Head of Europe, Bradley Duke, Canaccord Wealth UK, which manages $70 billion in assets, has entered into an exclusive partnership with Bitwise. They will offer Bitcoin and Ethereum ETP products to select high-net-worth clients, with a portfolio allocation cap of 5%, covering the UK and Channel Islands markets.

According to the monitoring by Yu Jin, the largest multi army leader of Hyperliquid holds 114000 ETH multiple orders, with a total value of 259 million US dollars. At the end of April, it opened multiple orders of 99000 ETH at a price of $2270, followed by two small-scale increases, with a total position of 114000 ETH and an average cost of approximately $2268. 10 days ago, when the ETH price was $2400, this long order had a floating profit of $130 million; The current ETH price is $2180, resulting in a floating loss of $10 million for this long order.

According to Crowdfund Insider, on chain data shows that wallets holding at least 1 million ADAs hold a total of approximately 25.09 billion ADAs, accounting for 67% of the total circulating supply, the highest level since July 2020. Despite a price drop of over 70% in ADA over the past nine months, these major players continue to increase their holdings.

WLFI associated wallet (0x77a5) sold 4870 ETH at an average price of $2178 8 8 8 hours ago, earning 106 million USDC.