$640M SPAC fuels Parataxis Bitcoin buy-up as public BTC treasuries surpass 230
Bitcoin-first SPAC deal sees $31M deployed before merger even finalizes.
Ripple backs 5 years of protection for tokens but warns of SEC backdoor.
Former SEC officials argue liquid staking could bring systemic risk similar to 2008 financial practices.
Lucas Bruder, CEO of Jito Labs, said in a note that the statement showed an “incredibly nuanced understanding” of current liquid staking arrangements.
Between July 31 and August 4, public treasuries absorbed nearly half of the selling pressure made by Bitcoin investors exposed via ETFs.
The Juror's request has added an unusual twist to Tornado Cash trial timetable adjustments.
However, the regulator highlighted that the statement is not a blanket approval, adding that liquid staking might characterize securities offering under some circumstances.