2.Musk Announces X Money Will Soon Go Live
3.Aster Launches DEXE Trading Event with Rewards Totaling Over $200,000
4.Boosted by Robinhood Listing, AVNT Surges Over 8%
5.Total Liquidations in the Past 24 Hours Soar to $748 Million, Over 197,000 People Liquidated
1. "The New Era of Token Financing, a Milestone in US Regulatory Financing"
The discussion about Monad's ICO on Coinbase with a $25 billion FDV was a hot topic this week. Apart from debating whether the sale at a $25 billion FDV is worth participating in, the "compliance level" as Coinbase's first ICO also sparked widespread discussion and was seen as a landmark event in the industry's compliance. Stablecoin issuer Circle mentioned in its recent quarterly report that it is exploring the possibility of issuing native tokens on the Arc Network. Coinbase also hinted at the launch of the Base token this October, almost two years after the joint founder of Base Chain, Jesse Pollak, said in an interview. All signs indicate that asset issuance in the industry is entering a new era of compliance.
2. "Major Adjustment in U.S. Crypto Regulation, CFTC Could Take Over Spot Market"
The long-standing blurred boundary of crypto regulation in the United States is being redrawn. With Mike Selig nominated as CFTC chairman and Congress advancing new legislation, the division of labor between the SEC and CFTC is emerging for the first time at a policy level, and a rare clear trend in the regulatory structure is appearing: the SEC focuses on securities; the CFTC focuses on the digital commodity spot market.
Daily Marketwide Capital Flow Heatmap (reflected by funding rate) and Token Unlocks
Data Source: Coinglass, TokenUnlocks


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