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Ethereum
has crossed the 2,500 USDT benchmark and is now trading at 2,500.379883 USDT, with a narrowed 1.97% increase in 24 hours.
$ETH
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Ethereum (ETH) has recently dropped below the $2400 mark. As of now, it is trading at $2399.13 per coin, reflecting a 1.40% decrease within the day. $ETH
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#ETFvsBTC Moscow Exchange Plans Moscow Exchange is preparing to launch futures contracts based on a Bitcoin index, following the introduction of Bitcoin futures on June 4. Vladimir Krekoten, the Managing Director of the exchange, stated that the growing market enthusiasm has prompted the exchange to expedite the release of more cryptocurrency derivatives. The exchange is currently in discussions with asset management companies to introduce crypto index mutual funds and structured bonds, pending regulatory approval. The exchange has developed a new Bitcoin index to serve as the underlying asset for these derivatives, with calculations starting on June 10. The first Bitcoin futures offered by the platform, linked to the BlackRock IBIT ETF and settled in rubles, have seen a cumulative trading volume of 7 billion rubles (approximately $89.45 million) over three weeks, attracting more than 10,000 qualified investors.
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Australian Monochrome Spot Bitcoin ETF (IBTC) has disclosed that its holdings have reached 905 Bitcoin as of June 25. The market value of these holdings is approximately 148 million AUD.$BTC
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Ripple X, the developer of the XRP Ledger, has announced the release of version 2.5.0. This update introduces several new features, including Token Escrow for token custody, Batch for grouped transactions, and a compliant decentralized exchange named Permissioned DEX. Additionally, the update enhances transaction relay logic, network I/O capacity, and the accuracy of multi-signature simulations. XRP Commons has also been added as a new Bootstrap cluster. The protocol changes will take effect after receiving support from over 80% of trusted validators for two weeks $XRP
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#MarketRebound Swift Asia-Pacific President Discusses Stablecoin Developments AI Summary According to BlockBeats, Swift's Asia-Pacific President, Huang Shijin, recently expressed a neutral stance on the rapid development of stablecoins during an interview. He emphasized that Swift is closely monitoring the evolution of new technologies and value forms. Huang highlighted that whether it involves central bank digital currencies, stablecoins, or any digital assets, achieving secure and scalable global usage necessitates addressing the challenge of ensuring safe and seamless interaction between different systems and technologies. This is crucial for unlocking the potential of these new technological solutions. Additionally, he noted that regulatory measures such as KYC and anti-money laundering will be essential to ensure the credibility of financial services and the stability of the financial system. The issue of the 'last mile' will also need to be addressed.
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