Morning News Update #Web3
đ #TON Blockchain appoints Manuel Stotz as president and announces plans to expand in the U.S., marking a strategic shift focused on growth in the American market.
đ” Circle: $USDC surpasses $20T in historical transaction volume, with 78% YoY issuance growth and over 500M users accessing it via wallets and apps.
đž #SE Chair Gary Gensler compares Bitcoin to gold, highlighting its global appeal but reiterates that Bitcoin is not classified as a security by the SEC.
đ SEC delays its decision on Bitwise BITWâs ETF conversion to July, extending the approval timeline amid speculation over Grayscaleâs GDLC review.
đ #bitcoin âs correlation with Nasdaq 100 hits a two-year high at 0.70, as inflation concerns and market uncertainty weigh on both crypto and tech stocks.
