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Quick Take Summary is AI generated, newsroom reviewed. SEC approves Hashdex Nasdaq Crypto ETF XRP under new generic listing rules. XRP, Solana, and Stellar join Bitcoin and Ethereum in the ETF basket. The approval allows regulated investors easier access to multiple cryptocurrencies. ETF inclusion doesn’t guarantee price gains, but boosts legitimacy and liquidity.References Hashdex Nasdaq Crypto Index US ETF has been approved under the SEC's new generic listing standards. Hashdex Nasdaq holds XRP!
Andrew Kang believes that Tom Lee is arbitrarily drawing lines under the guise of technical analysis to support his own biases.
They allow you to get ahead of the curve earlier.
This figure means that Tether's scale will be directly comparable to top global tech unicorns such as OpenAI and SpaceX.
The U.S. Senate Finance Committee will hold a key hearing to discuss digital asset tax policies, aiming to establish a comprehensive regulatory framework for the crypto industry, address tax ambiguities, and impact global capital flows. Summary generated by Mars AI. This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
Andrew Kang believes Tom Lee is merely drawing lines under the guise of technical analysis to support his own bias.
This number implies that Tether's market capitalization will directly rival that of global top-tier tech unicorns such as OpenAI and SpaceX.
- 08:36Data: 11 wallets received 295,861 ETH from a certain exchange and other platforms, worth approximately $1.19 billions.According to ChainCatcher, Lookonchain monitoring shows that 11 wallets have received 295,861 ETH, worth approximately $1.19 billions, from a certain exchange and platforms such as Galaxy Digital OTC, BitGo, and FalconX.
- 08:36NBA star Thompson: BTC may reach $150,000 by the end of the year, refuses to launch a token, looks forward to serving as an executive at a crypto companyChainCatcher reported that NBA player Tristan Thompson revealed in an interview that he plans to launch an on-chain basketball project called “Basketball.f Fund” before the start of the new season. This project combines fantasy basketball and prediction markets, aiming to enhance player value assessment through fan interaction. He also shared his prediction for the price of bitcoin, believing that by the end of 2025, bitcoin could reach $150,000. He stated that if this target is achieved, it will drive the altcoin market upward and bring substantial returns for investors by the end of the year. In addition, Tristan stated that he has been in the crypto space for over a year, focusing on long-term development. He refuses to launch personal token projects and is committed to financial education and investment innovation. He hopes to take on an executive position at a top crypto company within the next six months, driving industry transformation through full-time participation and achieving mass user adoption. Previous reports indicated that NBA player Tristan Thompson will launch the Web3 project basketball.fun, which will tokenize NBA players.
- 08:35The Reserve Bank of India may sell US dollars to support the rupee.Jinse Finance reported that five traders indicated the Reserve Bank of India may sell US dollars on Thursday to support the rupee. The Indian rupee is under pressure from ongoing asset outflows and is hovering near its historical low. Traders said that state-owned banks are offering US dollars around 88.70, most likely on behalf of the Reserve Bank of India. A trader from a state-owned bank stated: "There is a presence of the central bank around the 88.68-88.70 level, but it is very weak; they are not active."