Cryptocurrency Exchange Binance, Non-Replaceable Token (NTF) Platform Expected to Launch on June 24th, Cryptocurrency and Virtual Currency Newswire [Blockchain Foreign News Briefing]

May 30 Coincode Blockchain Foreign News Briefing

▲ Cryptocurrency exchange Binance, a non-replaceable token (NTF) platform to be released on June 24th

Coinpost reported on the 27th that Binance, a large cryptocurrency exchange, announced the release date of its own non-replaceable token (hereinafter referred to as NFT) platform. The release date of Binance NFT is reportedly June 24, and the first NFT providers are British popular singer Lewis Capaldi, popular artist Trevor Jones, and football pro Michael Owen. I have Alphonso Davies and others. In addition, information on other NFT artists will be released for release on the 24th of next month, and Binance says that there is a participation of celebrities (Big Name). Helen Hai, Head of Binance NFT, said, “We are delighted to work with a wide range of creators in other industries around the world. “I am thrilled to see the NFT trading platform boasting the fastest and most cost-effective solution utilizing the infrastructure of Binance Blockchain and the creation of disruptive innovation through collaboration of high value-added collectible creators.” In addition, Binance CEO Changpeng Zhao said, “With its mission of freedom of money and embracing the financially underprivileged, Binance wants to meet the diverse needs of its users. Through a premium event, Binance NFT Marketplace regularly announces high-quality collectibles, hoping for a large-scale deployment of NFT.”

(Old handwriting is 27 days)

▲ Bloomberg Intelligence Representative Product Strategist “The world is rapidly digitizing, and Ethereum is at the top of the food chain.”

Bloomberg Intelligence’s flagship product strategist, Mike McGlon, shared his opinion on Ethereum’s future impact on fintech and its victory over Bitcoin, reported by YouTube on the 27th (local time). According to a report, McGlon tweeted, “Ethereum is surpassing existing fintech in a similar way to how bitcoin is a store of value beyond gold.” “The growing potential of the company is justifying investors to allocate funds from their portfolios to Ethereum.” “The world is rapidly digitizing, and Ethereum is at the top of the food chain,” McGlon added. According to the chart shared by McGlon, the market share of the Ethereum blockchain is growing.

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(Bloomberg expert Mike McGlone explains what effect Ethereum is going to have on the fintech industry.)

▲ Chinese Sichuan Provincial Government Discuss Banning Bitcoin Mining

China’s National Energy Agency’s Sichuan Provincial Regulatory Authority will hold a virtual symposium in Chengdu on June 2 to discuss the implications of the closure of bitcoin mining in the province, YouTube reported on the 27th (local time). According to reports, regulators, along with state-run energy agency heads, will assess how the potential ban will affect Sichuan’s hydropower surplus. Sichuan Province is known as a major Bitcoin mining hub because of its low power. In August of last year, an excessive flood occurred in Sichuan Province, causing the cryptocurrency hash rate to decline by 25%. Meanwhile, a high-ranking Chinese regulator previously demanded a crackdown on cryptocurrency mining and trading, which is known to have triggered a sell-off in the market.

(The Sichuan government will discuss the implications of a Bitcoin mining ban.)

▲ Billionaire investor Carl Icahn “I am willing to invest 1 billion dollars in the cryptocurrency industry”

Billionaire investor Carl Icahn is known to be willing to invest $1 billion (about 1.1 trillion won) into the cryptocurrency industry, Coinpost reported on the 27th. According to reports, Icahn is the founder of Icahn Enterprise, a holding company, and is known to have a fortune of 26 trillion won, and is ranked 26th in the Forbes 400 ranking in 2020. In an interview with Bloomberg, Icahn said, “At this time, we are not buying cryptocurrency, but we are improving our understanding of the entire industry such as Bitcoin (BTC) and Ethereum (ETH).” We are in a step.” In addition, Icahn said to the question of how much funding would be if invested, “in the end, it will be approximately 1 billion to 1.5 billion dollars (1, 1182 billion to 1.67 trillion won worth).” Meanwhile, Icahn said to a question about Ethereum (ETH), “Ethereum’s blockchain has two roles. The first is the payment system, and the second is the storage of value. Ethereum and Bitcoin are different, and for me, Bitcoin is just a store of value.”

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(Carl Icahn) and 10 億ドル (1,000 yen or more)

▲ U.S. Securities and Exchange Commission (SEC) begins official review of Skybridge Fidelity Bitcoin ETF

According to data submitted to the U.S. Securities and Exchange Commission (SEC), several foreign media reported on the 27th (local time) that U.S. regulators have begun reviewing two more Bitcoin ETFs. According to reports, recent files named Anthony Skaramuch’s Skybridge Capital and Fidelity Investment’s’Wise Origin Bitcoin Trust’ officially initiate SEC’s review of the two Bitcoin ETF bids. The Skybridge offer will be traded on the New York Stock Exchange, and Wise Origin will be traded on Cboe (Chicago Options Exchange)’s BZX Exchange once approved. The SEC will make an initial decision on each application within 45 days and can do so for up to 240 days. Other Bitcoin ETFs under official review are Van Eck, Cryptoin, Wisdom Tree and Valkyrie.

(The two bitcoin ETF bids join four others under official review with more still pending.)

[Coin code provision/blockchain valley editing]


Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.