● Ethereum's next major upgrade may be postponed to 2025, with EIP-7702 becoming a key issue
According to Blockworks, the timing of Ethereum's next major upgrade is unclear, and it is expected to be between November this year and early 2025, with the latter looking more likely. The first thing that needs to be determined is the specifications of all Ethereum improvement proposals for the "Pectra" upgrade. Although most of the work has been completed, EIP-7702: Set EOA account code for a transaction was identified as the top unresolved specification issue for "Pectra" during Thursday's All Core Developers (ACD) conference call.
● 3iQ has filed a preliminary prospectus for the Solana ETP IPO
According to Foresight News, Canadian crypto asset company 3iQ Digital Asset Management has filed a preliminary prospectus for the initial public offering of Solana ETP (The Solana Fund) in Canada. If approved by applicable regulatory authorities, the fund will become the first Solana ETP to be listed in North America.
● Miners’ Bitcoin balance drops to 14-year low
According to Odaily Planet Daily, IntoTheBlock statistics show that the balance of miners' Bitcoin has dropped to the lowest level in 14 years, from 1.95 million at the beginning of the year to 1.9 million. Lucas Outumuro, head of research at IntoTheBlock, said that over time, due to the profit pressure brought by halving, the Bitcoin held by miners is expected to continue to decrease, making them more likely to sell their reserve Bitcoins.
● MicroStrategy purchased an additional 11,931 BTC, bringing its total holdings to 226,331
According to Odaily Planet Daily, MicroStrategy has purchased an additional 11,931 BTC worth approximately $786 million. As of June 20, 2024, MicroStrategy holds 226,331 BTC at an average price of $36,798 per Bitcoin, worth approximately $8.33 billion.
● BNB Chain completes BEP 336 Haber hard fork, reducing related L2 network fees by 90%
According to Odaily Planet Daily, BNB Chain has completed the BEP 336 Haber hard fork and implemented the Blob Carrying Transaction (BlobTx) feature. This change will reduce the relevant L2 network fees by 90%.
● The number of initial jobless claims in the United States for the week ending June 15 was 238,000, the expected number was 235,000, and the previous value was 242,000
According to Odaily Planet Daily, the number of initial unemployment claims in the United States for the week ending June 15 was 238,000, which was expected to be 235,000 and the previous value was 242,000. The number of people who continued to apply for unemployment benefits in the week ending June 8 was 1.828 million, which was expected to be 1.805 million and the previous value was 1.82 million. The four-week average of initial unemployment claims in the week ending June 15 was 232,750, and the previous value was 227,000.
● Stablecoin issuer becomes 18th largest holder of U.S. Treasury bonds
According to Foresight News, the stablecoin issuer has become the 18th largest holder of U.S. Treasuries. Tether Ltd holds about $91 billion in U.S. Treasuries by market value, and Circle holds $29 billion worth of short-term U.S. bonds, including repurchase agreements, according to Tagus Capital.
● Greeks.live: The quarterly delivery is approaching at the end of June, and the end of the third quarter is usually the time when the market picks up.
According to TechFlow, Adam, an analyst at Greeks.live, said that with the approach of the quarterly delivery at the end of June, the volume of forward options has increased significantly this week, mainly in the form of large call option combinations. Although the RV fluctuates greatly, the IV has been relatively stable in the past two weeks, both in absolute value and in the level of change. According to historical experience, there is often no big market before the quarterly delivery. The market trend in the second quarter of this year was weak, which is also in line with the experience of previous years. The trend in the third quarter is generally struggling, but the end of the third quarter is usually the node for the market to pick up.
