Season 2 updates have been completed and HV-MTL Forge is back online. The image below outlines how the AMP ranking ranges have been rebalanced from Season 1 to Seasons 2-6.
💐Beijing has recommended 10 amazing routes for tourists to appreciate brightly-colored flowers.
Two scenic spots in #Beijing#ETown — Hongda North Road and ETown Binhe Forest Park, are included in the routes!✨🌺 #ETownView
Today marks 10 years since @tyler and I filed for the first spot Bitcoin ETF. The @SECGov's refusal to approve these products for a decade has been a complete and utter disaster for US investors and demonstrates how the SEC is a failed regulator. Here's why:
-"protected" investors from the best performing asset of the last decade
-pushed investors into toxic products like the Grayscale Bitcoin Trust (GBTC) which trades at a massive discount to NAV and charges astronomical fees
-pushed spot bitcoin activity offshore to unlicensed and unregulated venues
-pushed investors into the arms of FTX, subjecting them to one of the largest financial frauds in modern history
Maybe the SEC will reflect on its dismal record and instead of overstepping its statutory power and trying to act like the gatekeeper of economic life, it will focus on fulfilling its mandate of investor protection, fostering fair and orderly markets, and facilitating capital formation. This would have led to much better outcomes for US investors.
In the meantime, best of luck to all those fighting the good fight to bring US spot Bitcoin ETFs to life. Onward!
Trivia of the Day
Do you know One Piece's English version was released 20 years ago today (Jun 30, 2003)?
Eiichiro Oda, currently 48 years old, started creating One Piece when he was just 17! Salute to the GOAT! 🐐
We sincerely wish Mr Oda a speedy recovery from his surgery!
Eventful week in the NFT space:
• BoDoggos has done $1.8M in secondary SOL volume
• Elementals was Azuki’s first big L
• HV MTL is the opposite of Dookey Dash
• DeLabs made a Facebook profile
• 1 ETHER = 1 ETH
• Memeland Captainz art leaks