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- 04:04The net inflow of US spot Bitcoin ETFs was $150.77 million yesterday.According to Jinse Finance, monitored by Trader T, the net inflow of US spot Bitcoin ETF reached $150.77 million yesterday.
- 04:03Celo plans to upgrade its token economic model and will solicit public feedback, proposing to introduce a buyback and burn mechanism.Jinse Finance reported that Rene, Chairman of the Celo Foundation, stated that the CELO token economic model will be upgraded, considering the introduction of a token buyback and burn mechanism to improve the long-term economic structure. He indicated that as network activity grows, the current model needs to be redesigned to better accommodate the increasing demand for transaction fees. The upgrade process will be carried out in four phases: first, public consultation on the Celo forum; in the coming weeks, researchers, token economists, and ecosystem contributors will be invited to participate; then, research modeling will be conducted; the third phase will be community review; and finally, the process will be completed through governance procedures. The entire process will be advanced rapidly, transparently, and in a community-driven manner, led by the Celo Foundation and cLabs.
- 04:03American Federation of Teachers Urges Senate to Reject Cryptocurrency Market Structure BillJinse Finance reported that the American Federation of Teachers has called on Senate leadership to shelve the "Responsible Financial Innovation Act," stating that the bill would weaken investor protections and expose pensions to new risks. The union pointed out that this legislation would undermine the safeguards of traditional securities and would also allow tokenized stocks to be traded without standard registration and disclosure requirements. This warning comes as discussions around the cryptocurrency market structure bill are becoming increasingly intense; industry groups are deeply divided on the issue, and lawmakers have hinted that the prospects for the bill's passage are already dim.
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