Bernstein: Coinbase Shares Could See $16B of Buying Pressure From S&P 500 Index Inclusion
The exchange is the first and only crypto company to join the S&P 500 index.
The exchange is the first and only crypto company to join the S&P 500 index.
According to Cointelegraph, data shows that Binance Alpha has increased the on chain activity of BNB Chain, with a 114.6% increase in weekly trading volume and over 1 million new addresses added daily. Among the first batch of Alpha tokens launched, 71% chose to deploy on BNB Chain, 60% were released through Binance Wallet's Initial DEX Issuance (IDO) module, and the rest were launched through Launchpad and Launchpool. Among the top 20 Alpha tokens in terms of current trading volume, 9 are native to BNB Chain. In addition, some projects such as Hadal Protocol and Polyhedra Network have deployed over 50% of their liquidity on BNB Chain, driving the total lock up volume (TVL) growth of the chain.
According to the popularity ranking, NXPC's popularity has decreased by 510000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① NXPC ($2.22,-16.23%) ② EOS ($0.7851,-7.93%) ③ ETHFI ($1.30,-13.91%) ④ ETH ($2475.00,-5.23%) ⑤ PEOPLE ($0.02247,-11.81%) NXPC's main fund has strong selling power, with a net outflow of $110.355 million in 24 hours and a transaction volume of $1.718 billion in 24 hours, of which the main fund's net outflow was $92.922 million.
Odaily Planet Daily News: The US Securities and Exchange Commission (SEC) announced that it will hold a roundtable meeting on June 26th to discuss executive compensation disclosure requirements with representatives of listed companies, investors, and experts in related fields. The statement stated that the disclosure requirements for executive compensation are constantly expanding, with an increasing focus on changes in the various components of compensation rather than the total compensation. It is unclear whether the increased complexity provides investors with additional information that is crucial for investment and voting decisions. The US SEC stated that a retrospective review of executive compensation disclosure rules must be conducted to ensure that these rules continue to be cost-effective and avoid excessive disclosure of non essential information while disclosing key information. (Golden Ten)
Forced liquidations, hidden contracts, and backchannel deals are prompting a rethink in how liquidity is structured — and who gets trusted.
CryptoQuant tweeted that Ethereum may have hit bottom compared to Bitcoin. The ETH/BTC ratio has surged 38% from a five-year low. Demand is rising, selling pressure is decreasing, and ETFs are increasing holdings. This may indicate the beginning of the knockoff season.