ChainCatcher news, Tether CEO Paolo Ardoino stated, "The reason why JPMorgan analysts are dissatisfied is that they do not hold Bitcoin."Previously, JPMorgan analysts mentioned that in order to comply with the proposed stablecoin regulations in the U.S., Tether may need to sell some non-compliant assets— including Bitcoin, precious metals, corporate notes, and secured loans.

ChainCatcher news, Placeholder partner Chris Burniske posted on X stating, "I don't think the cycle has peaked; it feels more like a mid-bull market pullback, with a decline large enough to make everyone question their lives."It's similar to the situation in April, May, and June of 2021, when various tokens saw declines between 50%-80%. Many people said the bull market was over, and those calling for a peak were quite pleased, but then the market experienced a surge in the second half of 2021.

ChainCatcher message, Binance founder Changpeng Zhao posted on X platform saying: "It feels like everyone is here."

ChainCatcher news, during an interview with CNBC, SEC Commissioner Hester Peirce stated, "I can't say whether the SEC is ready to approve a Bitcoin ETF. For the past five years, I have believed that we should approve this product," and added that the logic behind why the SEC has not approved a Bitcoin ETF has always puzzled her.

ChainCatcher message, the Ethereum Foundation officially announced the launch of the Ethereum Execution Layer Specification (EELS) after more than a year of development. EELS is a Python reference implementation of the core components of the Ethereum execution client, focusing on readability and clarity, making it more programmer-friendly and keeping in sync with the post-merge forks. EELS provides a complete snapshot of the protocol at each fork, making it more convenient to execute compared to the "just change" specifications of EIPs and the production clients with "unified code paths appearing in multiple forks." The Ethereum Foundation hopes that EELS will become the default way to specify core EIPs.

ChainCatcher news, according to businessinsider, the Web3 social platform ReelStar announced the completion of a $5 million fundraising through the ITO (Initial Token Offering) of its utility token ReelToken (REELT). ReelStar was co-founded by Indian cricket veteran Irfan Pathan, aiming to establish an open global community network.It is reported that ReelStar integrates various social media, Web3, and payment features, allowing users to create NFT-based generated content. Currently, ReelStar is based on Polygon and BSC, and will expand to other blockchains as needed. The company plans to phase the public offering to raise an additional $31.27 million. (businessinsider)

ChainCatcher message, during the AMA live stream with Zhao Changpeng, Zhao Changpeng stated that the crypto industry will become better because of the collapse of FTX. At the same time, he expressed that if this incident was caused by his statements on social media, he apologizes, but the earlier such matters are disclosed, the better it is for the industry.