ChainCatcher news, according to official news, the U.S. Securities and Exchange Commission's cryptocurrency working group announced the agenda and panel members for the roundtable meeting on April 25. The theme of this meeting is "Understanding Your Custodian: Key Considerations for Cryptocurrency Custody," with topics including: custody through broker-dealers and other means, and custody by investment advisers and investment companies.Attendees from the U.S. Securities and Exchange Commission include: Acting Chair Mark Uyeda, Commissioner Caroline Crenshaw, Commissioner Hester Peirce. Other attendees include: Jason Allegrante (Fireblocks), Rachel Anderika (Anchorage Digital Bank), Terrence Dempsey (Fidelity Digital Assets), Mark Greenberg (Kraken), Tammy Weinrib (Copper), Larry Florio (1kx), Ryan Louvar (WisdomTree), and others.

ChainCatcher news, according to the SEC official website, the U.S. Securities and Exchange Commission (SEC) Crypto Special Working Group will hold a public roundtable titled "Between Blocks and Dilemmas: Tailoring Regulation for Crypto Trading" on April 11 from 1:00 PM to 5:00 PM ET (April 12 from 1:00 AM to 5:00 AM Beijing time) at its headquarters in Washington, D.C., with an online live broadcast. The meeting will be hosted by Goodwin Procter partner Nicholas Losurdo, with participants including executives and experts from institutions such as Uniswap Labs, Coinbase, and NYSE. SEC Commissioner Hester Peirce stated that this series of meetings aims to promote the clarification process of crypto regulation.

ChainCatcher News, the U.S. Securities and Exchange Commission's cryptocurrency working group has announced the agenda and panel members for the roundtable meeting on April 11, themed "Regulating Cryptocurrency Trading: Between Lockdown and Dilemma." Commissioners Hester Peirce and Caroline Crenshaw, along with Acting Chair Mark Uyeda, will attend. The participants include:Nicholas Losurdo, Partner at Goodwin Procter LLP;Tyler Gellasch, President and CEO of Healthy Markets Association;Jon Herrick, Chief Product Officer at the New York Stock Exchange;Richard Johnson, CEO and Founder of Texture Capital;Dave Lauer, Co-Founder of Urvin Finance and We the Investors;Katherine Minarik, Chief Legal Officer at Uniswap Labs;Christine Parlour, Chair of the Finance and Accounting Department at the University of California, Berkeley;Chelsea Pizzola, Deputy General Counsel at Cumberland DRW;Austin Reid, Global Revenue and Business Lead at FalconX;Gregory Tusar, Vice President of Institutional Products at Coinbase.

ChainCatcher News, the U.S. Senate passed a Republican budget blueprint last Saturday aimed at extending President Trump's $trillion tax cut policy from 2017 and significantly cutting government spending. The Senate approved the "budget reconciliation" measure by a vote of 51-48, which will allow Republicans to bypass the 60 votes needed to overcome a filibuster in the Senate, enabling them to pass Trump's tax, border security, and military priorities later this year without Democratic support. The bill will be sent to the Republican-controlled House, which is expected to review it this week.Nonpartisan analysts say that if Trump's agenda is approved, it will increase federal government debt by about $5.7 trillion over the next 10 years. Senate Republicans estimate the cost of the measure to be $1.5 trillion and argue that the impact of extending the existing tax policies set to expire at the end of this year should not be counted toward the cost of the measure.

ChainCatcher news, according to Cointelegraph, U.S. Senator Tommy Tuberville from Alabama plans to push the Financial Freedom Act for the third time, allowing Americans to include cryptocurrency in their retirement savings plans. He stated that he will resubmit the bill on April 1 to help Trump shape the image of a "crypto-friendly president."The bill aims to limit the Department of Labor's regulation of 401(k) investment options, first proposed in 2022, and was co-sponsored by Wyoming Senator Cynthia Lummis in 2023. This move comes as the Republican-led Congress pushes for legislation on cryptocurrency market structure and stablecoin regulation, with supporters hoping to submit it for presidential approval before the August recess.

ChainCatcher news, ARK Invest CEO and Chief Investment Officer Cathie Wood is betting that Trump's regulatory and growth agenda will revitalize the U.S. IPO market.She stated in an interview on Wednesday, "Regulatory reform will greatly help restore the public markets. I understand why companies want to remain private. The regulatory challenges they face when entering the public markets do create a lot of friction." After a slight rebound in new stock offerings in 2024, Wall Street has been waiting for a larger recovery in IPOs. Wood said, "What the new government is doing is changing fear with optimism. People are seriously underestimating the importance of deregulation in unleashing instincts. We are very excited about this, and our strategy will allow us to stand out in the market."

ChainCatcher news, according to Bloomberg, long-time Washington lobbyists who have roamed Congress and federal agencies are now targeting the government efficiency department (DOGE) co-led by Musk, which aims to provide elected President Trump with recommendations on spending cuts and regulatory reforms.So far, its members have been organizing and coordinating in secret meetings just a few blocks from the White House. Many companies and industry groups have begun seeking DOGE to advance their agendas and protect their interests, rather than relying on more traditional committees like Congress and federal agencies.

ChainCatcher news, FOX Business reporter Eleanor Terrett posted on X: "U.S. CFTC Commissioner Caroline Pham is one of the candidates for the new chair, and she pointed out that under new leadership, pausing the enforcement actions from the Biden era is a question on the table."Pham recently stated, "The outlook for next year is optimistic, as under new leadership in Washington, the CFTC chair can leverage this power to set the agenda, establish new rules, and pause enforcement actions."

ChainCatcher news, AXIOS analyzes the core economic agenda of U.S. Treasury Secretary nominee Scott Bessenet's "3/3/3" policy guideline, which aims to reduce the budget deficit to 3% of GDP, achieve a 3% annual economic growth rate, and increase domestic oil production by 3 million barrels per day.Currently, the U.S. deficit is expected to remain between 6% and 7% of GDP in the coming years, forming a spiraling upward trend that may pose a risk of significant interest rate increases, thus the first agenda will satisfy the "deficit hawks." Regarding the second agenda, the U.S. has historically achieved around 3% growth for a long time, but this goal may conflict with Trump's immigration restriction policies. As for the third agenda, U.S. oil production is currently around 13 million barrels per day, with a market oversupply, and energy executives have questioned the geological feasibility of further significant increases in production.

ChainCatcher news, ChainCatcher and RootData will hold the "DeInsight 2024" annual summit during Devcon in Bangkok on November 11, at Hotel Nikko Bangkok. The registration for the conference has been open for 3 days and has already attracted over 500 registrations, with expectations to draw more than 1,000 industry elites. Click on the "source link" to register for the event.As one of the organizers, RootData will also unveil the RootData List 2024 annual heavyweight list at the conference. This list is the second annual selection launched by the Web3 data platform RootData following its first release in 2023, aiming to showcase the influential and innovative key players in the Web3 field and assess the critical forces that continue to drive industry progress.

ChainCatcher news, the 2024 Bitcoin Conference will officially start tonight at 9 PM Beijing time (8:00 AM local time in Nashville), with today's agenda focusing mainly on Bitcoin mining. Well-known mining companies such as Core Scientific and Riot Platforms will be giving speeches.Key speeches to watch today:Topic: FROM STRATEGY TO INNOVATION: BLACKROCK'S BITCOIN JOURNEYTime: 1:30 PM - 2:00 PM (Beijing time July 26 2:30 - 3:00 AM)Guests: Robert Mitchnick, Head of Digital Assets at BlackRock; James Seyffart, ETF Strategist at BloombergTopic: BITCOIN ON THE BALANCE SHEETTime: 3:00 PM - 3:45 PM (Beijing time July 26 4:00 - 4:45 AM)Guests: Eric Semler, Chairman of Semler Scientific; Dylan LeClair, Research Director at Bitcoin Magazine; Simon Gerovich, President of Metaplanet Inc.; Andrew Kang, CFO of MicroStrategyTopic: A LOOK BEHIND THE SCENES OF DEALS IN THE MINING INDUSTRYTime: 11:30 AM - 12:00 PM (Beijing time July 26 00:30 - 1:00 AM)Guests: Kevin Dede, Managing Director and Senior Research Analyst at H.C. Wainwright; Steve Weiner, Managing Director and Head of M&A at Cohen & Company Capital Markets; Andrew Bond, Chief Strategy Officer at Arkon EnergyFor the full conference agenda, please check the original link.

ChainCatcher news, Bitfinex Alpha's latest report states that on July 3, the price of Bitcoin fell below the 120-day range to $53,219 due to market concerns over the German government's and Mt. Gox creditors' sell-off. However, weekend market data suggests that a potential local bottom may have been reached. The market realizes that although the Bitcoin transferred by the German government has a large nominal value, it constitutes a small proportion of the total trading volume. Volatility indicators show that the market expects greater stability in the future, with Bitcoin likely to hover around current levels or experience reduced declines.Market positioning indicates complacency among short sellers, with more late short sellers in the short term, and both sides may lack clear conviction. Long-term Bitcoin holders continue to realize significant profits, while short-term holders' sell-off may be nearing exhaustion. The funding rate for Bitcoin perpetual contracts has turned negative for the first time since the bottom on May 1, which may indicate that the market is oversold. Combined with the recovering SOPR, this typically suggests that the market is finding a bottom. On the macroeconomic front, Federal Reserve officials remain cautious about interest rate cuts, despite labor market data and easing inflation supporting monetary easing. Wage growth has slowed, job creation has fallen short of expectations, and unemployment duration has increased. The agency does not expect the Federal Reserve to cut rates at the policy meeting on July 30-31, but still holds hope for a rate cut in September.

ChainCatcher news, the EU elections will begin on Thursday. For the cryptocurrency industry, this means that key legislators may lose their seats in the new parliament of 720 members, and the industry's policy agenda will enter a period of instability. Crypto experts are closely monitoring how legislators handle the delicate balance between regulation and innovation.The crypto industry will focus on who will take on several key roles in the new parliament, such as the Economic and Monetary Affairs Committee, which has played a crucial role in amending and drafting cryptocurrency legislation over the past five years. It shaped MiCA, which regulates the cryptocurrency asset market, as well as rules to prevent money laundering. The Civil Liberties, Justice and Home Affairs Committee and the Internal Market and Consumer Protection Committee have also influenced cryptocurrency legislation.