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Japans Ministry of Economy, Trade and Industry: Due to the Iranian crisis, Japan will release 5.8 million kiloliters of national oil reserves, with the release of some reserves beginning on May 1.April 24th, Futures News: Economies.com analysts latest view: WTI crude oil futures continued their upward trend in recent intraday trading, successfully breaking through the $95.00 resistance level, demonstrating positive technical momentum and reflecting strong buying pressure and continued bullish dominance. This move, accompanied by further price climbing along a steep short-term uptrend line, highlights the strength and continuation of the current trend in the short term. Furthermore, the price stabilizing above the 50-day EMA provides dynamic support and increases the likelihood of further gains. This aligns with the continued positive signals from the Relative Strength Index (RSI) after its overbought condition eased, further supporting the expectation of continued upward movement in WTI crude oil futures in the short term.April 24th, Futures News: Economies.com analysts latest view: The pullback in Brent crude oil futures is mainly a consolidation of previous gains, accumulating bullish momentum for the future, which may help it resume its upward trend in the near term. Previously, Brent crude oil futures had broken through the key resistance level of $100.00, and as the price has continued to trade above the 50-day EMA, dynamic support has formed, further enhancing the possibility of resuming the upward trend in the short term. Of particular note is that the Relative Strength Index (RSI), after digesting overbought conditions, has begun to release positive signals, providing technical support for further gains.Futures News, April 24th: Zhengzhou rapeseed meal futures opened lower and then fluctuated throughout the day. Canadian canola futures closed higher, with the benchmark contract rising 0.6%, following the upward trend in international crude oil futures. Rapeseed meal spot prices fell slightly. Canadian canola has not yet entered large-scale crushing, and rapeseed meal inventories at coastal crushing plants have decreased slightly to 270,000 tons. However, ample supply is expected in the longer term, and downstream purchasing sentiment remains cautious. Attention should be paid to the recovery of demand from aquaculture.On April 24th, StepAudio released its next-generation automatic speech recognition model, StepAudio 2.5 ASR. According to reports, this model is the first to introduce large language model inference acceleration technology into the field of speech recognition, significantly improving both inference speed and transcription accuracy. It is primarily designed for scenarios such as meeting transcription, voice interaction, input methods, media content processing, and long audio recognition.

The U.S. SEC denies Grayscale's request for a spot bitcoin ETF

Haiden Holmes

Jun 30, 2022 11:11


The U.S. Securities and Platform Commission said in a filing on Wednesday that it denied Grayscale's request to launch a spot bitcoin market-traded fund on Intercontinental Exchange Inc NYSE Arca exchange. Grayscale is one of the biggest digital asset managers in the world.


Grayscale did not immediately respond to a request for comment.


Over the last year, the SEC has rejected over a dozen applications for spot bitcoin ETFs, focused particularly on the lack of surveillance-sharing agreements with a large, regulated market for the underlying assets.


The price of bitcoin, the most popular digital currency, has plummeted by around 70 percent from its November high of over $69,000.