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REX Shares and Osprey Funds have submitted an application to the U.S. SEC to launch Ethereum and Solana staking ETFs.

1 days ago

On May 31st, as reported by The Block, REX Shares and Osprey Funds have submitted an application to the U.S. Securities and Exchange Commission (SEC) to initiate Ethereum and Solana staking ETFs. The newly proposed ETH and SOL funds will have "at least 80% of net assets allocated to their respective benchmark assets", which are ETH and SOL. Additionally, each fund will also set aside "at least 50% of holdings" for these cryptocurrencies. These funds will operate in the form of a "regular C corporation" to handle U.S. federal income taxes, rather than functioning as a "regulated investment company" like spot Bitcoin and Ethereum ETFs.
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The French Public Prosecutor's Office has pressed charges against 25 suspects related to the cryptocurrency kidnapping case.

On June 1st, as per Cointelegraph, the French government has filed charges against 25 individuals, among whom there are 6 minors, in relation to a series of kidnapping and attempted kidnapping cases associated with the country's cryptocurrency industry. The suspects, ranging in age from 16 to 23, are accused of multiple conspiracies targeting cryptocurrency personalities and their families. Currently, 18 suspects are in pretrial detention, 3 have applied for a delay in their hearings, and 4 are under judicial supervision. The core of the investigation pertains to an attempted kidnapping case that occurred on May 13th in the 11th arrondissement of Paris. The victims were the daughter and grandson of Pierre Noizat, who is the CEO of the French cryptocurrency exchange platform Paymium.

16 minutes ago

Bitcoin Price Drops to $104,000

On June 1st, based on HTX market data, Bitcoin dropped to reach $104,000, and it is currently trading at $104,025, with a 24-hour percentage change narrowing to 0.33%.

16 minutes ago

Bitcoin June Historical Return: 6 Rises, 6 Falls Since 2013

On June 1st, according to Coinglass data, within the history of Bitcoin, among the 12 "June" market trends since 2013, there have been 6 increases and 6 decreases. The largest increase took place in June 2016, with a monthly gain reaching 27.14%. The largest decrease occurred in June 2022, with a monthly loss reaching 37.28%. From 2013 to the present, the average return rate of Bitcoin's "June" market trends is -0.35%.

16 minutes ago

FLOCK has surged over 60% in the past 24 hours, with Bithumb and Upbit previously adding its trading pair on the same day

On June 1st, based on market data, FLOCK has seen a surge of more than 60% in the past 24 hours and is currently trading at $0.188. On May 30th, both Bithumb and Upbit added FLOCK trading pairs on the same day.

16 minutes ago

James Wynn's Whale Following is currently still holding a high-leverage BTC, ETH long position worth $2.72 billion

On June 1st, as monitored by The Data Nerd, a whale following James Wynn on Hyperliquid still maintains a high-leverage long position in BTC/ETH worth $2.72 billion. The BTC long position is leveraged more than 30 times with a liquidation price of $94,766. The ETH long position is leveraged more than 25 times with a liquidation price of $1,984.

16 minutes ago

Two new addresses withdrew 14,739 ETH from a CEX today.

On June 1st, according to the monitoring of The Data Nerd, two new addresses withdrew 14,739 ETH from Coinbase and Kraken today. Among them, 0xD22 withdrew 10,781 ETH ($27.18 million); 0xd46 withdrew 3,958 ETH ($9.99 million).

16 minutes ago