AICoin Daily Report (April 16)

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10 hours ago

1. Trump Plans to Promote Bitcoin Nationwide

In April this year, two members of the Swedish Parliament urged officials to reconsider the country's stance on Bitcoin. Policymakers mentioned the U.S. strategic Bitcoin reserves and the growing global interest in this leading digital asset. -Original

2. Solana Spot ETF Launches in Canada This Week

Four issuers—Purpose, Evolve, CI, and 3iQ—will list their products on the Toronto Stock Exchange on Wednesday. -Original

3. OKX Expands to the U.S. and Establishes Headquarters

According to the official blog, the cryptocurrency exchange OKX announced that its centralized crypto exchange and OKX wallet are officially live in the U.S., with a regional headquarters established in San Jose, California. U.S. customers can now use its platform, and OKX will gradually roll out new features throughout the year. In this expansion, existing OKCoin customers will seamlessly migrate to the OKX platform, new customers will be accepted in phases, and a nationwide promotion in the U.S. is planned for later this year. -Original

4. Two Whales Withdraw 4,372 BTC

One whale has just withdrawn 500 BTC (approximately $42.85 million) from OKX again. Today, two whales have withdrawn a total of 4,372 BTC (approximately $372 million) from the exchange. -Original

5. Coinbase Reaches Loan Agreement with Semler

The company stated in a filing submitted on Tuesday that it has reached a loan agreement with cryptocurrency exchange Coinbase, allowing it to borrow against its Bitcoin inventory to pay a settlement. -Original

6. SEC Completes Financial Review of Coinbase

The U.S. Securities and Exchange Commission (SEC) has concluded its multi-year review of Coinbase's financial disclosures and did not require the company to make any revisions or restatements. A letter from Coinbase's Chief Legal Officer Paul Grewal confirmed this news. In a social media post on April 15, Grewal emphasized that this resolution was reached after more than two years of communication with the SEC's corporate finance department. The letter, dated March 17, was addressed to Coinbase's Chief Financial Officer Alesia Haas, confirming that the SEC has completed its review of the company's 10-K filings for the fiscal years ending December 31, 2022, and 2023. The letter reminded Coinbase and its management of their responsibility for the accuracy and completeness of their disclosures. The regulator also emphasized that the completion of the review does not equate to an endorsement or approval of the documents. The end of this review marks the formal conclusion of a lengthy comment process that began shortly after Coinbase went public in April 2021. -Original

7. Tether Invests in Self-Custody Wallet Fizen

Odaily Planet Daily reports that Tether has announced a strategic investment in the self-custody crypto wallet and digital payment fintech company Fizen, with specific amounts not disclosed. Fizen provides payment technology to facilitate seamless stablecoin transactions, making it easier for consumers and businesses to access digital assets. -Original

8. Nvidia Bear Put Options Bet on Sideways Movement

An observer commented on the activity of NVDA put options, suggesting it may be a protective measure. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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