Golden Morning Post | Europe's first spot bitcoin ETF listed

Headline

▌ Europe’s first spot bitcoinETF listed, built-in renewable energy certificate

Less than a week after the U.S. Securities and Exchange Commission delayed its decision to approve a spot bitcoin ETF, Europe launched its first bitcoin ETF, Jinse Finance reported. Jacobi Asset Management listed Europe’s first spot bitcoin ETF on Euronext Amsterdam, trading under the symbol BCOIN and regulated by the Guernsey Financial Services Commission (GFSC). Index provider Wilshire Indexes partnered with Jacobi to benchmark BCOIN and future products. The ETF product also uses a decarbonization strategy, with a verifiable built-in Renewable Energy Certificate (REC) solution provided by cryptocurrency platform Zumo, allowing institutional investors to enjoy the convenience brought by Bitcoin while still meeting ESG goals .

▌Exactly Protocol****: The agreement has been lifted, and the team has taken relevant measures to strengthen the process

On August 19th, Exactly Protocol announced that the agreement will be suspended at 11:51 p.m. UTC on August 19th, and that it has taken relevant measures to strengthen the process. According to previous reports, according to the monitoring of the blockchain security company De.Fi, the DeFi lending agreement Exactly Protocol has lost more than 7,160 ETH (about 12.04 million US dollars). To ensure user safety, the protocol has been suspended (users can still withdraw assets). The team is working on the matter and will share more details as soon as possible.

Quotes

As of press time, according to coinmarketcap data:

The latest transaction price of BTC is 26083 US dollars, with an intraday increase or decrease of +0.05 %;

The latest transaction price of ETH is 1667.66 US dollars, with an intraday change of +0.31 %;

The latest transaction price of BNB is 216.8 US dollars, with an intraday increase or decrease of +0.23 %;

The latest transaction price of XRP is 0.51978 US dollars, with an intraday increase and decrease of +2.58 %;

The latest transaction price of DOGE is US$0.063667, with an intraday change of +0.66 %;

The latest transaction price of ADA is 0.2678 US dollars, with an intraday increase and decrease of +1.41 %;

MATIC recently traded at $0.576, with an intraday change of -0.55%.

policy

▌US SEC may approve multiple Ethereum futures ETF applications at the same time

Jinse Finance reported that the US Securities and Exchange Commission (SEC) may approve multiple Ethereum futures exchange-traded fund (ETF) applications at the same time, according to the Wall Street Journal citing sources familiar with the matter. Since July, the regulator has received numerous applications from various investment firms, including requests to combine futures bitcoin (BTC) and ether strategies. As of now, the SEC has not directed the companies to withdraw their filings, which is a change from when companies were directed to withdraw similar filings in 2021. According to WSJ sources, this suggests regulators won’t block the fund’s launch for a few weeks. At least 16 applications for an ethereum or bitcoin-ethereum futures ETF are awaiting regulatory approval.

Blockchain Application

▌****New Ethereum test network named “Holesky” will launch next month

Jinse Finance reported that as the Ethereum Goerli test network will be decommissioned in January 2024, a new Ethereum test network called “Holesky” will be launched next month. The name still follows the tradition of naming the testnet after a train station. The name Holesky comes from Nádraží Holešovice, a metro station in Prague. Although Holesky is very similar in design to Sepolia, it is intended more for infrastructure and protocol development. In the meantime, Sepolia will remain the go-to testing ground for Ethereum-based applications. Unlike Sepolia, Holesky will have a fixed supply of testnet tokens. However, the upper limit of 1.6 billion is still much higher than the total supply of mainnet ETH, which is currently about 120 million.

Cryptocurrency

**▌MicroStrategy holds unrealized losses in bitcoins exceeding $620 million

Jinse Finance reported that X user Maartunn posted that MicroStrategy currently holds 152,800 BTC, with an average purchase price of $29,672. Bitcoin is currently at $25,830 with an unrealized loss of $620,876,000.

▌18 The total trading volume of the crypto market on 18** is 79.118 billion US dollars, a single-day increase of **6.6%

News on August 19, according to CoinGecko data, the total transaction volume of the entire network encryption market on August 18 was 79.118 billion US dollars, a single-day increase of about 6.6% compared to August 17 (74.22 billion US dollars).

**▌Blue ChipNFT****floor prices continue to fall, with an average 7day drop of over **10%

According to the news on August 19, Blur data showed that the floor price of blue-chip NFT continued to fall, among which: BAYC dropped to 26.2ETH, a 16.69% drop on the 7th; MAYC dropped to 5.06ETH, a 13.68% drop on the 7th; The daily drop was 16.89%; DeGods fell to 4.14ETH, a drop of 41.19% on the 7th; PudgyPenguins fell to 3.75ETH, a drop of 8.27% on the 7th.

▌**INJ**** will unlock 2.86 million pieces on 21st, accounting for **3.41% of circulation

According to the news on August 19, according to TokenUnlocks data, 2.86 million INJ will be unlocked 44 hours later (August 21), accounting for 3.41% of the circulating supply and worth about 22.31 million US dollars. The current cumulative unlocked amount of INJ accounts for 93.47% of the total amount.

▌Arbitrum**** will be unlocked on 2024*********************************************************************************** US$100 millionARB*Tokens**

Jinse Finance reported that according to Token Unlocks, Arbitrum will unlock 1.11 billion ARB tokens worth $1.24 billion at a market price of $1.12 on March 16, 2024. The unlocked amount is equivalent to 87% of the token circulation of 1.275 billion. At press time, more than 5 billion ARB tokens are still locked. In addition, Token Unlocks pointed out in a tweet that following the March 16 unlock, Arbitrum will unlock more ARB from the 16th of each month for the next 4 years.

Important economic developments

▌India plans to ban the export of rare metals such as lithium beryllium, niobium and tantalum

Golden Ten Data, August 19th, according to India’s “Business Standard” report, the Indian government is considering the possibility of banning the export of rare metals such as lithium, beryllium, niobium, and tantalum. This strategic measure aims to protect the country’s important mineral resources. self-sufficiency. These rare metals are crucial to India’s defense, aerospace and machinery manufacturing fields. According to reports, in mid-July, the Indian government approved an amendment to the Mineral Mining Act, allowing commercial mining of rare metals such as lithium, beryllium, niobium, tantalum and zirconium. (Golden Ten Data APP)

Golden Encyclopedia

▌****Blockchain blindness (Blockchain-blindness)

UTXO cannot see blockchain data such as nonces and the hash of the previous block. This defect deprives the scripting language of the potential value based on randomness, which seriously limits the application in other fields such as gambling.