PANews reported on December 25th that Huobi HTX launched the SQD/USDT perpetual contract on December 25th, with a maximum leverage of 20x. Simultaneously, Huobi HTX launched an SQD contract trading party from 16:00 on December 25th to 16:00 on January 1st (UTC+8), with a total prize pool of $10,000.
During the event, users who complete registration and participate in SQD/USDT contract trading, with a cumulative effective trading volume of ≥10,000 USDT, can share the prize pool based on their trading volume ranking; new contract users who complete SQD/USDT contract trading will also receive exclusive benefits.


Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
