Bitpush editor selects Web3 news for you every day:
[Bloomberg analyst: Spot Ethereum ETF may be listed later next week or the week of July 15]
Bloomberg analyst James Seyffart wrote on the X platform that he saw Bitwise Invest submit another revised S-1 form for its Ethereum ETF, and more issuers are expected to submit the form during the rest of this week. We believe that the spot Ethereum ETF product may be listed later next week or during the week of July 15.
Another Bloomberg analyst, Eric Balchunas, commented: "No one really knows why the SEC is taking so long to process these forms. Given so few comments, the listing should be quick, but it could be that a 'problem' issuer slowed down the process, or it could just be summer laziness/people are on vacation, not sure. That being said, all signs point to the listing happening this month, with more details to be revealed next week."
[ Fed meeting minutes: Fed waits for "more information" to gain confidence in rate cuts]
The Fed's meeting minutes showed that the Fed was waiting for "more information" to gain confidence in cutting interest rates. The vast majority believed that economic growth was gradually cooling. Some members said that if demand weakened, the unemployment rate could rise.
[ Siena College poll shows Trump's support rate leads Biden by 6%]
According to a poll by the New York Times and Siena College, Trump leads Biden by 6 percentage points among potential voters, which will put more pressure on Biden.
It is reported that the New York Times/Siena College poll is one of the most watched polls in American politics.
The poll released on Wednesday showed Trump's approval rating at 49% and Biden's at 43%, and the survey showed that concerns about Biden's age were the main reason for the reversal of the election. Nearly three-quarters of voters (about 74%) believed Biden was too old, a 5 percentage point increase from last week's poll results.
[Biden reiterates his determination to run for election: No one is forcing me to withdraw]
WASHINGTON (AP) — U.S. President Joe Biden and his top aides sought to calm growing anxiety among his allies on Capitol Hill and top Democrats as he vowed Wednesday to continue his re-election campaign, rejecting pressure from within his own party to drop out.
Earlier, Biden's poor performance in the debate raised questions about him. According to reports, a senior Biden aide posted Biden's comments on the social media platform X, saying, "I am running, I am the leader of the Democratic Party, and no one is forcing me to withdraw (from the campaign)."
Biden and Harris made a surprise appearance on a Democratic National Committee call, according to three people familiar with the matter. The appearance was described as a pep talk that highlighted the stakes of the election and harkened back to Biden's previous post-debate comments that he gets back up after being "knocked down."
[ VanEck executives: The election results and whether Gensler continues to serve as SEC chairman will be the key to the success or failure of Solana spot ETF]
According to Decypt, Matthew Sigel, head of digital asset research at VanEck, believes that the likelihood of its bid to launch a spot Solana ETF varies greatly, depending on the outcome of the presidential election and whether Gary Gensler continues to serve as chairman of the U.S. Securities and Exchange Commission.
Sigel noted that crypto voters could play a key role in the election and that the regulatory environment in Washington is moving in a pro-crypto direction. He also mentioned that if Ethereum-related products are allowed to trade, it will help establish its commodity status, and Solana could also benefit from similar regulatory changes.
[ CryptoQuant : Miner "capitulation" indicator is close to the market bottom level after the FTX crash]
CryptoQuant says miners’ capitulation metric is currently comparable to levels seen at the end of 2022, the market bottom following the FTX crash.
Bitcoin is currently trading at $60,300, down 3% on Wednesday. This level has served as a key support level since April, with Bitcoin bouncing off this area three times before returning to the $70,000 mark. CryptoQuant believes that this is likely to happen again in the near future.
Author: BitpushNews Mary Liu
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