Wu Shuo Daily Selected Crypto News - Bitcoin Core Development Team Schedules OP_RETURN Change for October

1. Bitcoin Core Development Team Schedules OP_RETURN Modification for October

The Bitcoin Core development team announced that in the Core 30 version to be released in October, the default setting for OP_RETURN will be modified, raising the data carrier limit from 80 bytes to nearly 4 million bytes. This decision marks a phased victory for the reformists led by Antoine Poinsot in the long-term dispute with conservatives such as Luke Dashjr.

2. US SEC Chair Paul Atkins: Self-Custody Is a Fundamental American Value

Paul Atkins, Chair of the U.S. Securities and Exchange Commission (SEC), stated at the cryptocurrency special task force roundtable on June 9 that self-custody of private property is "a fundamental American value" that should not be lost simply because of the use of the internet. He supports granting market participants greater flexibility to self-custody crypto assets, especially when intermediaries impose unnecessary transaction costs or restrict on-chain activities such as staking.

3. QCP: Market Narrative Shifts from $BTC to $ETH, $ETH May See Structural Benefits

QCP analysis pointed out that Bitcoin surged briefly after the news of the US-China trade negotiations resuming, but due to a lack of substantive progress, global risk assets overall remain cautious. Meanwhile, Ethereum quietly strengthened, with implied volatility rising, option skew turning bullish, perpetual contract funding rates increasing, and continuous inflows into ETFs. QCP noted that the market narrative is shifting from $BTC to $ETH, and with the advancement of the GENIUS Act, Circle's IPO restart, and progress in stablecoin regulation, $ETH may receive structural benefits.

4. Kong Jianping: Zhejiang Hangzhou Has Not Taken Special Actions Against Blockchain Practitioners; Individual Cases May Involve Anti-Fraud Efforts

Regarding today's public opinion hotspot, Kong Jianping, Chairman of Zhejiang Haowei Technology Co., Ltd. and Director of Hong Kong Cyberport Management Company Limited, stated that Zhejiang and Hangzhou have not currently taken special actions against blockchain industry practitioners. During his recent time in Hangzhou, he met with several key leaders who did not show excessive sensitivity to blockchain and cryptocurrency-related sectors. Meanwhile, he also inquired with public security departments and found no related law enforcement actions; individual cases may be related to anti-fraud work.

5. Crypto Fund Assets Under Management Reach a Record High of 167 Billion USD in May

Assets held by crypto funds hit a record high in May. Data from Morningstar on 294 crypto funds shows that these funds attracted a net inflow of 7.05 billion USD last month, the highest level since December last year, bringing total assets under management to a record 167 billion USD. In contrast, Lipper data shows that global equity funds experienced a net outflow of 5.90 billion USD in May, while gold funds saw their first net outflow in 15 months, amounting to 678 million USD.