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Trump project increases the 19B-4 application of ETH NYSE to submit grayscale LTC ETF

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Reprinted from jinse

02/05/2025·24D

Headline

Trump 's cryptocurrency project seems to increase its holdings of tens of millions of dollars after the price plummeted

After the US President Donald Trump announced that tariffs imposed on Mexico and Canada, the cryptocurrency market fell sharply during the weekend. 10,000 dollars Ethereum. Trump's third child Eric Trump posted on the social media platform X on Monday and said, "In my opinion, it is a good time to increase holdings of Ethereum. You can thank me in the future." He later later Edit the post and deleted the second sentence.

** ** NYSE has submitted 19B-4 file application for grayscale LTC ETF

The Litecoin official pushing text says that NYSE has already submitted a 19B-4 document application for the Gray ETF (Grayscale's Litecoin ETF) to the United States SEC to seek to convert its Litecoin (LTC) trust into spot ETF.


Market

As of press time, according to Coingecho data:

The recent transaction price of BTC was 98,037.73 US dollars, and the daily rising and falling was -3.5% ;

ETH's recent transaction price was 2,731.81 US dollars, a decrease of -5.3% within the day;

The recent transaction price of BNB was US $ 573.62, a daily decline of -7.3% ;

The recent transaction price of SOL was US $ 207.04, a daily decline of -4.8% ;

The recent transaction price of DOGE was 0.2642 US dollars, a daily decline of -7.6 % ;

The recent transaction price of XPR was US $ 2.54, a daily decline of -6.8 % .


policy

美国 New York Times: The US SEC takes measures to reduce its law enforcement in the field of cryptocurrencies

According to the New York Times: The US Stock Exchange (SEC) takes measures to reduce its law enforcement in the field of cryptocurrencies.

Director COIN Center before appointment

Landon Zinda has resigned as a policy director of COIN Center in cryptocurrency advocate organizations and joined the Cryptocurrency Working Group of the US Securities and Exchange Commission (SEC).

In a notice on February 4, Act SEC Chairman Mark Uyeda said that Jinda has joined the committee as his legal adviser and a senior consultant of the cryptocurrency working group. Former Coin Center will join the working group led by the commissioner Hester Peirce to work with the chief staff member Richard Gabbert and Chief Policy Consultant Taylor Asher Taylor Asher. Work.

V v ▌ ▌ David Sacks: The feasibility of studying Bitcoin reserves is being studied

Crypto Tsar David Sacks said it is studying the feasibility of Bitcoin reserves.

Chairman of the Financial Services Committee of the House of Representatives: The two houses of the Congress will set up a cryptocurrency working group

Frenchhill, chairman of the US House of Representatives Financial Services Committee, said that the two houses of Congress will set up a cryptocurrency working group.


Blockchain application

L Mempool Research: Bitcoin block size may increase to 4 mb

Mempool Research said that since the upgrade of Bitcoin Taproot, the size of the block has steadily increased, but there is still more room for growth.

According to a report released by Mempool Research on February 4, the extensive use of inscriptions may make the average block size of the Bitcoin network reaches 4 mega bytes (MB) per block, which is much higher than the current average level Essence The report states that the average block size of Bitcoin (the amount of data contained in each block published on the online public classification of the network) is currently slightly higher than 1.5 MB.

Mempool Research said that if you use inscriptions more widely (a method that effectively encode arbitrary data in the block), the block size of Bitcoin may increase significantly.


Cryptocurrency

Bitcoin Miner in the era of Satoshi Nakamoto transferred $ 5 million BTC, at that time the price was only 10 cents

A wallet containing 50 Bitcoin, which was dug out about 15 years ago, suddenly became active and transferred to tokens worth about $ 5 million, and the initial value of these tokens was only $ 0.10.

Bitcoin historian Pete Rizzo found the screenshot of Mempool.space and discovered and shared the wallet transaction. The movement of this wallet has caused discussions and concerns in the encrypted community since then. Some bystanders speculate that this may be related to Ross Ulbricht, the founder of the "Silk Road" that has been pardoned recently.

However, the old Bitcoin movement attributes to any specific individual who has not voluntarily disclosed its wallet address, which is very inferior.

** ** Arkham has announced that it has supported the monitoring of the Senki holding position

Arkham announced that it has supported monitoring Satoshi Nakamoto's positioning address. The Satoshi address of Nakamoto currently holds 1,096,354 bitcoin at about $ 108.88 billion.

A David Sacks: You cannot make any answers on the "sovereign wealth fund to hold encryption"

David Sacks answered in the last question of the press conference in the press conference that the feasibility of studying Bitcoin reserves is one of the primary events instructed by the president and will be studied as part of the government's internal working group. "Putting cryptocurrencies into the sovereign wealth fund" is another question, and it is impossible to make any answers at this conference.

Earlier reported that US President Donald Trump signed an administrative order on Monday to instruct the Ministry of Finance and the Ministry of Commerce to establish a sovereign wealth fund. Although the encryption was not mentioned, Treasury Minister Scott Barst expressed some interest in cryptocurrencies, while the Minister of Commerce Holiday Lartnick was a firm supporter in the crypto industry.

D founder of Skybridge Capital: American legislators will propose cryptocurrency supervision suggestions before November

Anthony Scaramucci, the founder of Skybridge Capital, said that parliamentarians will take action before the mid -2026 election to win support in the cryptocurrency industry. In an interview published on February 4th in the Financial Times, Skaramuch said that the US legislators who are facing the challenges and the fierce elections of the swing constituencies may want to show it by 2026 "proposed positive Records of Cryptocurrency Legislativeity ".

The former White House communications director hinted that Congress may conduct a "series of legislative activities" before the 2025 holiday break, which may include a cryptocurrency market structure bill.

"You may get it in November this year, before the break," Skaramuch said, he refers to cryptocurrency supervision. "But if you don't, I don’t think you will be too later than I suggest."


Important economic dynamics

** ** The probability of maintaining interest rates in March of the Federal Reserve is 84.5%

According to CME's "Fed's Observation": The probability of maintaining interest rates in March was 84.5%, and the probability of 25 basis points at a rate cut was 15.5%. By May, the probability of maintaining the current interest rate unchanged was 61.6%, the probability of cumulative interest rate reduction of 25 basis points was 34.2%, and the probability of 50 basis points at 50 basis points was 4.2%.

** ** **** U.S. stock closed: Three major stock indexes closed up, and the Chinese stock index rose by more than 2%

U.S. stocks closed on Tuesday, the three major stock index closed up, the Dow closed up 0.3%, the S & P 500 index rose 0.72%, and the NAN index rose 1.35%. Most of the star technology stocks closed up, AMD (AMD.O) rose 4.58%, TSMC (TSM.N), Apple (AAPL.O), TSLA.O rose over 2%, Amazon (AMZN.O) (AMZN.O) Retoning nearly 2%. The Nasdaq China Golden Dragon Index rose 2.65%, Xiaopeng Automobile (XPEV.N) rose 8.3%, the ideal car (Li.O) rose nearly 6%, Baidu (BIDU.O) rose 5.8%, and Baba (Baba. N) rise 3.8%.


Golden Encyclopedia

What is chain abstraction?

The chain abstraction in the blockchain can work by providing a single interface. The interface users and developers can interact with multiple blockchain without managing the complexity of each separate chain. Chain abstraction solutions are still under development, and many companies are trying to solve the problem. At present, all this way of operation is not a precise science, but multi -chain solutions may allow users to seamlessly use Web3 from one account.

Disclaimer: As a blockchain information platform, the content of the article published is for information reference only, and it is not used as actual investment advice. Please establish the correct investment concept, it is necessary to raise awareness of risk.

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