ethereum
* Ether and Bitcoin volatility indexes show excitement over upcoming spot ETH ETFs. * Institutions may use spot ETFs for non-directional basis trades, impacting volatility pricing. * Ether's implied volatility exceeds Bitcoin's, but demand for ETH ETFs may be tepid. * Open interest in CME ether futures is significantly lower
blockchains
* FalconX now supports collateralizing trades with tokenized T-Bill as demand for U.S. government securities rises. * First trade using USDT as collateral executed on June 11. * USTB is a digital token representing U.S. government-issued short-term debt securities. * Acceptance of USTB as collateral due to T-bills offering yields above 5%
bitfinex
* Bitfinex Securities raised only $342,000 for El Salvador hotel offering. * Investors offered free nights and unlimited stays for investing. * Projected hotel revenues of $2.7 million seem ambitious. * Bitfinex Securities struggles with low trading activity. * Construction may be at risk if fundraise fails. Summary : Bitfinex Securities' new securities
consensys
ConsenSys, an Ethereum developer, has filed a preemptive lawsuit against the U.S. Securities and Exchange Commission (SEC) in an attempt to determine the regulatory status of Ethereum. The lawsuit asks a federal court in Texas to block the SEC from investigating ConsenSys or declaring Ethereum a security. This move
assets
Troy Paredes, a former commissioner at the SEC, believes that the regulator may be overstepping its boundaries when it comes to classifying digital assets as securities. Speaking at a conference, Paredes stated that the SEC has taken a broad view of what constitutes a security under the Howey test. He