April 29 Midday Important Updates

7:00-12:00 Keywords: Grayscale, Strategy, South Korea

1. Bitcoin's spot value is 40% lower than its energy value;

2. Strategy is now ranked as the 88th largest company in the U.S. by market value, reaching a new high;

3. The U.S. SEC's cryptocurrency reform is facing new political pressure due to ties with Trump;

4. An Ethereum Foundation researcher proposes to increase the Ethereum gas limit by 100 times in 4 years;

5. Grayscale's GBTC implied annual revenue exceeds $268 million, surpassing the total of all other Bitcoin ETFs combined;

6. Three former SEC legal advisers state: Enforcement focus has changed after Paul Atkins took office, but will not completely deviate;

7. South Korea's People Power Party promises to abolish the "one exchange one bank" rule for virtual assets as a presidential election commitment.