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Quick Take Summary is AI generated, newsroom reviewed. The conclusion of the 120-day OCC review for Ripple National Trust Bank is set for October 30. Approval could allow Ripple to manage digital assets under a national banking license and integrate its blockchain with the U.S. financial system. Ripple's strong compliance and utility-based approach, including its RLUSD stablecoin, may fast-track the approval process. The potential bank approval is seen by investors as a major validation of Ripple's long-te

The article explores the true motivation behind the change in the Federal Reserve chair, pointing out that the core issue is the massive U.S. national debt and fiscal deficit, rather than inflation. Trump has hinted at the possibility of using cryptocurrencies to address the debt problem, and the next chair may promote the integration of digital assets as national financial tools. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still in the process of iterative improvement.

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As Truth Predict is launched, Polymarket is planning to return to the US market.

With the shadow of the SEC lawsuit in the United States now lifted, Ripple Labs—long positioning itself as a blockchain payments company but with little actual business—has finally embarked on an acquisition path, moving towards building a multi-billion dollar, truly substantial cryptocurrency empire.


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- 03:12Data: SpaceX transfers 281 BTC again, possibly for custody purposesChainCatcher news, according to monitoring by Lookonchain, SpaceX has just transferred another 281 BTC (worth $31,280,000) to a new wallet—most likely for custody purposes. In the past 10 days, SpaceX has transferred its BTC holdings three times.
- 03:12zkPass releases tokenomics: total supply of 1 billion tokens, with 48.5% allocated to the communityAccording to a report by Jinse Finance, privacy protection protocol zkPass has disclosed the tokenomics of its token ZKP, which is based on the ERC-20 standard with a total supply of 1 billion tokens. In terms of token allocation: the community accounts for 48.5% (12.5% unlocked at TGE, 6% released linearly over the first 3 months, and 30% released monthly over the next 5 years); early investors account for 22.5% (released linearly over 18 months after a 12-month lock-up period); core contributors account for 14% (released linearly over 24 months after a 24-month lock-up period); DAO treasury accounts for 10% (released linearly over 5 years); liquidity accounts for 5% (100% unlocked at TGE).
- 03:12Bitcoin mining company Ionic Digital has submitted a draft registration statement to the US SEC, planning to conduct its initial IPO in the United States.Jinse Finance reported that Bitcoin mining company Ionic Digital has confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC), planning to conduct an initial public offering (IPO) in the United States. The company stated that the timing and terms of the IPO have not yet been determined and will depend on the SEC's review process as well as market conditions. About a year ago, in October 2024, the company restarted its IPO plans by restructuring its board of directors and changing its auditing firm. Ionic Digital was established in early 2024, after Celsius Mining LLC reorganized and renamed its mining assets during bankruptcy proceedings. Last month, Ionic Digital released its first full-year financial results: in the 11 months ending December 31, 2024, the company's Bitcoin mining business generated $138.4 million in revenue and $40.1 million in net profit; adjusted EBITDA reached $85 million; by year-end, the company's cash and Bitcoin holdings totaled $271.8 million, including 2,393 Bitcoins.