Hester Peirce states that SEC innovation exemptions only apply to on chain equity products
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Hester Peirce stated that the SEC's innovation exemption is expected to only apply to on chain equity products, and synthetic tokens that simulate stocks but do not have full shareholder rights are not covered. (Cointelegraph)
Monitoring shows that two newly created wallets (bc1qn and bc1q0) received 500 BTC (approximately $388 million) from Galaxy Digital. Another wallet received 809 BTC (approximately $627 million) from FalconX, and currently holds a total of 1583.6 BTC (approximately $124 million) from two addresses. (Onchain Lens)
A16z has increased its holdings of 261300 HYPE (approximately $152 million) related to whales in the past hour. Since April 14th, the address has purchased a total of 317 million HYPEs (approximately $149 million) and currently has unrealized profits of approximately $330 million. (Lookonchain)
CryptoQuant founder Ki Young Ju posted on X platform that all signals will be very clear when the Bitcoin bull market begins, and the market has not yet entered this stage.
Apyx officially announced that TGE and airdrop will be scheduled for October 13th, and the second season of the points campaign will end on October 11th. The token quota corresponding to points will be increased from 4% of the total supply to 6%.
BitMine Chairman Tom Lee stated that Ethereum has strong leaders and developers that can ensure it becomes the future settlement layer for finance and AI. He believes that the current bearish sentiment stems from the despair at the bottom of the crypto winter, and claims that blockchain is the only viable way for agentic AI business interaction, while also improving the profitability of the financial system. He continues to be bullish on ETH.