News

BlockBeats News, January 13th, the Bitcoin and Gold ETP issued by 21Shares - BOLD, will be listed on the London Stock Exchange on January 13th. The product aims to provide exposure to Bitcoin-like returns through a single exchange-traded instrument while reducing volatility. BOLD will combine the two most liquid alternative assets globally into a unified risk-weighted portfolio, becoming the first product in the UK to list both Bitcoin and Gold in a single exchange-traded instrument.

BlockBeats News, January 13th, according to Hyperinsight Monitoring, a whale address starting with 0x931 entered a long position around 3136.93 USDT 10 minutes ago, holding 4200 ETH, with a position size of approximately $13.17 million. The position is using 25x leverage, with the current liquidation price around $3025.

 the Solana Policy Institute, a nonprofit organization focused on blockchain policy, urges the U.S. Securities and Exchange Commission (SEC) to differentiate between centralized cryptocurrency exchanges and non-custodial decentralized finance (DeFi) software, arguing that developers should not be regulated as intermediaries. A letter sent on Friday urges the SEC to protect developers of DeFi applications, acknowledging that developing and releasing non-custodial code is not the same as intermediating or controlling underlying funds. The letter states that regulating developers of non-custodial protocols under Section 3b-16 of the Securities Exchange Act is inappropriate because the provision applies to exchange operators who custody assets, control trading processes, and act as intermediaries. The organization calls on the SEC to issue guidance to distinguish non-custodial software tools from trades conducted with brokers. It also urges the agency to amend Rule 3b-16 to exclude open-source code from the definition of “transaction” and to adopt a custody- and control-based framework to distinguish intermediary blockchain activities from non-intermediary blockchain activities.