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Flash
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The Bitcoin premium index on a certain exchange has significantly and consistently turned positive, marking the first time since March 19.BlockBeats news, on April 7, despite the crypto market continuing to remain in a narrow range, Western investors appear to be making small-scale purchases of crypto assets again. According to Coinglass data, after a slight and brief premium appeared on April 3, since yesterday, a certain exchange's Bitcoin premium index has shown a significant and sustained positive turn. Although it is not clear whether this positive premium will continue or expand, the current level is the first since March 19.
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an exchange Bitcoin Premium Index Sustains Significant Positive Trend, First Time Since March 19BlockBeats News, April 7th, despite the continued narrow range trading in the cryptocurrency market, Western investors seem to be slightly accumulating crypto assets.
According to Coinglass data, following a slight, brief premium on April 3rd, the an exchange Bitcoin premium index has shown a significant and sustained uptrend since yesterday. Although it cannot be confirmed whether the premium uptrend can continue or expand, the current level is the first since March 19th.
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The Blockchain Association opposes Citadel's advocacy for DeFi regulation and supports the SEC's innovative exemption framework.According to Odaily, the Blockchain Association has submitted a letter of opinion to the U.S. Securities and Exchange Commission (SEC), responding to Citadel's earlier proposal to strengthen DeFi regulation. The Blockchain Association stated that DeFi protocol developers do not qualify as brokers or exchange operators and should not be subjected to a regulatory framework designed for traditional financial intermediaries. The organization also urged the SEC to advance an "innovation exemption" mechanism to provide a pilot regulatory space for on-chain assets and tokenized securities, pointing out that a comprehensive rulemaking process takes a long time, which could delay technological adoption and drive innovation overseas. Previously, Citadel had suggested that the SEC strengthen DeFi regulation through the formal legislative process. (The Block)
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