1. Bitcoin plunges... "Short-term investors sell, whales have accumulated"
BTC fell about 7% on the 25th, dropping to $86,000, and the phenomenon of the rich getting richer and the poor getting poorer in Bitcoin has intensified. On-chain analysis platform Cryptoquant pointed out in a post on its official X account that 'Bitcoin short-term holders' who have held Bitcoin for less than 155 days sold about 27,500 Bitcoins in a single day, while 'Bitcoin whales' transferred about 26,430 Bitcoins to long-term storage wallets.
2. US SEC ends investigation of Uniswap
The U.S. Securities and Exchange Commission (SEC) announced on the 25th that it has stopped its investigation into the decentralized exchange (DEX) Uniswap. Uniswap Labs explained on its official X account that the SEC has stopped its investigation into Uniswap and has not indicated any intention to take enforcement action. Last April, under the leadership of former chairman Gary Gensler, the SEC sent a Wells Notice to Uniswap Labs, warning of potential securities law violations.
3. Nasdaq files for Grayscale Polkadot ETF listing
Nasdaq filed a '19b-4' application with the SEC on the 25th, requesting approval to list Grayscale's Polkadot (DOT) spot exchange-traded fund (ETF) on Nasdaq.
4. Tether CEO: "Competitor and political cartel trying to kill Tether"
The CEO of Tether, the issuer of the top stablecoin USDT, pointed out the attacks surrounding Tether. Paolo Arduino, CEO of Tether, wrote on his X account on the 25th that "competitors are working to kill Tether" and "they are trying to end Tether through political conspiracies instead of launching better products."
5. 'Japanese Strategy' Metaplanet additionally purchases 135 Bitcoins
Metaplanet, a Japanese Bitcoin accumulator, announced on the 25th that it has additionally purchased 135 Bitcoins at an average price of $95,951, investing 1.9 billion yen (about 182.8218 billion won). Metaplanet's total Bitcoin holdings are now about 2,235 Bitcoins.
BTC fell about 7% on the 25th, dropping to $86,000, and the phenomenon of the rich getting richer and the poor getting poorer in Bitcoin has intensified. On-chain analysis platform Cryptoquant pointed out in a post on its official X account that 'Bitcoin short-term holders' who have held Bitcoin for less than 155 days sold about 27,500 Bitcoins in a single day, while 'Bitcoin whales' transferred about 26,430 Bitcoins to long-term storage wallets.
2. US SEC ends investigation of Uniswap
The U.S. Securities and Exchange Commission (SEC) announced on the 25th that it has stopped its investigation into the decentralized exchange (DEX) Uniswap. Uniswap Labs explained on its official X account that the SEC has stopped its investigation into Uniswap and has not indicated any intention to take enforcement action. Last April, under the leadership of former chairman Gary Gensler, the SEC sent a Wells Notice to Uniswap Labs, warning of potential securities law violations.
3. Nasdaq files for Grayscale Polkadot ETF listing
Nasdaq filed a '19b-4' application with the SEC on the 25th, requesting approval to list Grayscale's Polkadot (DOT) spot exchange-traded fund (ETF) on Nasdaq.
4. Tether CEO: "Competitor and political cartel trying to kill Tether"
The CEO of Tether, the issuer of the top stablecoin USDT, pointed out the attacks surrounding Tether. Paolo Arduino, CEO of Tether, wrote on his X account on the 25th that "competitors are working to kill Tether" and "they are trying to end Tether through political conspiracies instead of launching better products."
5. 'Japanese Strategy' Metaplanet additionally purchases 135 Bitcoins
Metaplanet, a Japanese Bitcoin accumulator, announced on the 25th that it has additionally purchased 135 Bitcoins at an average price of $95,951, investing 1.9 billion yen (about 182.8218 billion won). Metaplanet's total Bitcoin holdings are now about 2,235 Bitcoins.