Although the ETH ETF is already here, the price shows that everything is priced in and the market is in no hurry to rally on positive news 🤷♀️
Day summary:
🔸 United Arab Emirates issued an advisory to farmers prohibiting mining crypto on farms
🔸 Popular dog Kabosu, the face of dogecoin, and several other meme tokens, died
🔸 Bybit announced it will list zkSync token $ZK and change the Polyhedra trading ticket symbol because of that 😄
🔸 Standard Chartered says that Solana and XRP spot ETFs are likely next up
🔸 The Bitcoin whitepaper is back on Bitcoin.org after Craig Wright failed to prove in court that he’s Satoshi Nakamoto (he isn't)
🔸 European Data Protection Board says ChatGPT outputs too much false information to comply with rules 🇪🇺
🔸 JPMorgan agreed to pay $100 million over CFTC trade reporting violations
Miners are back! Bitcoin's 7-day hashrate reached 632 EH/s. This is an increase of 5.6% over the past 7 days ⛏
#ETFvsBTC #MemeWatch2024 #CryptoWatchMay2024 #EarnCommissions #ScamRiskWarning