A look at the key developments from midday on September 30th
7:00（UTC+8）-12:00（UTC+8） Keywords: DePIN, QMMM, DoubleZero, Jito Labs
1. Massachusetts, USA will hold a hearing to review the Bitcoin Reserve Act;
2. The SEC of the United States determined that the DePIN token "essentially" does not fall within its jurisdiction;
3. The SEC suspends trading of Bitcoin and Ethereum treasury company QMMM stocks;
4. Core Scientific is scheduled to hold a shareholder vote on the merger case with CoreWeave on October 30;
5. The New York Stock Exchange meets with the SEC's cryptocurrency special working group to discuss tokenized stocks;
6. Burwick Law firm requests the dismissal of the lawsuit against Jito Labs in the pump.fun case;
7. Data: Since August, 94% of the funds used to purchase Bitcoin by Strategy have come from diluting MSTR stocks;
8. The SEC issues a letter of no enforcement action to DoubleZero, confirming that its 2Z token does not need to be registered as equity securities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin’s Latest Downturn: Key Factors for Investors to Monitor in the Weeks Ahead
- Bitcoin fell below $100,000 in 2025 amid geopolitical tensions, U.S. trade tariffs, and regulatory shifts, raising concerns over market stability. - The Trump administration's pro-crypto policies, including the GENIUS Act and CFTC reforms, aim to boost adoption but face criticism over fraud risks. - Global regulatory divergence, from EU's MiCAR to UAE's innovation-friendly rules, highlights fragmented oversight and cross-border coordination challenges. - Central bank actions, including Fed rate hikes and
Google’s response to the AI competition — elevate the person responsible for its data center technology
PENGU Experiences a Sharp 40% Price Decline: Is This a Sign of Trouble or the Perfect Time to Invest?
- Pudgy Penguins (PENGU) dropped 40% due to liquidity outflows, regulatory fears, and weak technical indicators. - Investors debate if this reflects systemic altcoin fragility or a mispricing opportunity for value buyers. - Long-term potential hinges on partnerships, ETF prospects, and macroeconomic/regulatory clarity despite supply risks. - Behavioral biases and social media-driven sentiment amplify volatility, creating both panic and speculative cycles. - Strategic buyers must weigh ecosystem execution a
Trending news
MoreCrypto prices
More
