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Cointime News Wrapup-Afternoon Version: U.S. Lawmakers Say SEC Directive May Bring “Greater Risk of Loss”
To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.
According to a report from Cryptoslate, in the 13F filings released so far this quarter, 206 companies listed in the US with investment assets exceeding $100 million have confirmed to the US Securities and Exchange Commission that they hold shares in Bitcoin ETFs. Among them are JPMorgan Chase, Goldman Sachs, Bank of Canada, HSBC, Morgan Stanley, Bank of America, UBS Group, and the Michigan Retirement Fund.
according to the market, BTC has fallen below $89,000 and is now trading at $88,970.04, with a 24-hour decline of 3.01%. The market is volatile, so please be prepared for risk control.
Vivek Ramaswamy, who leads the US Efficiency Department with Musk, just announced on X that his planned government efficiency department (DOGE) will be dissolved on July 4, 2026, as part of the celebration of the 250th anniversary of the US Declaration of Independence. He quoted Reagan's famous saying, emphasizing the persistence of government agencies, but stating that DOGE will be an exception.
the market shows that the AI concept Meme coin GOAT has broken through $1.1 and is currently priced at $1.0948, with a 24-hour increase of 21.37%. GOAT's current market value is $1.078 billion. The market is volatile, so please be prepared for risk control.
Matthew Sigel, Director of Digital Assets Research at asset management company VanEck, said on X platform that he believes there is a high possibility that Solana ETF will be listed and traded before the end of next year.
Musk and Vivek Ramaswamy's Government Efficiency Department (D.O.G.E) will hold weekly live broadcasts to report on progress. Vivek said, "Our goal is to streamline government and be as transparent as possible to the public. The 'Dogecasts' will start soon."
According to Coinglass data, within the past 24 hours, the total network liquidation was 492 million US dollars, of which long positions were liquidated at 325 million US dollars and short positions were liquidated at 167 million US dollars.
According to a report by BusinessInsider, Elon Musk has modified the defendant in the lawsuit against OpenAI, adding Microsoft as a defendant, claiming that their partnership is a "de facto merger" and accusing them of anti-competitive behavior. The lawsuit also includes Microsoft board member and former OpenAI board member Reid Hoffman as a defendant.
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