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📢 Breaking News 🔸️#Bitcoin and #Ethereum #ETFs in Hong Kong recorded an outflow of $39.3 million today. 🔸️Floki DAO submitted a proposal to burn 15.24 billion #FLOKI 🔸️ Ethereum transaction fees dropped to the lowest level of the year ($0.5). 🔸️UBS bank in Switzerland reported spot Bitcoin ETF investment. 🔸️Canada's 4th largest bank, Bank of Montreal, announced that it has invested in spot Bitcoin ETFs

📢 Breaking News

🔸️#Bitcoin and #Ethereum #ETFs in Hong Kong recorded an outflow of $39.3 million today.

🔸️Floki DAO submitted a proposal to burn 15.24 billion #FLOKI

🔸️ Ethereum transaction fees dropped to the lowest level of the year ($0.5).

🔸️UBS bank in Switzerland reported spot Bitcoin ETF investment.

🔸️Canada's 4th largest bank, Bank of Montreal, announced that it has invested in spot Bitcoin ETFs

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Ethereum Founder Vitalik Buterin Proposes a New Fee Type Vitalik Buterin, one of the founders of Ethereum, proposed using a new type of gas for calldata on the blockchain in a bill EIP-7706. There are currently two types of gas in the #Ethereum blockchain: one for the execution of transactions and one for the storage of data. Vitalik Buterin suggests creating a separate type of gas for calldata, a method of data storage. Calldata is the data element sent along with the transaction that allows #Ethereum users to send messages to others or interact with smart contracts. If this proposal is accepted, the transaction fee required for the transfer of calldata will be calculated independently of other fees. However, it is aimed to make transaction fees more efficient. Buterin also suggested using a system that would allow all three transaction fees to be calculated simultaneously so that the calculation process would proceed without delay. $BTC $ETH
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ChatGPT rival artificial intelligence model Claude is now available in Turkey: It speaks Turkish! Claude 3 artificial intelligence model developed by former Open AI employees started to serve in Turkey. Claude 3 can give answers in Turkish. The Claude artificial intelligence model of Anthropic, an artificial intelligence company founded by former OpenAI employees, is now available in Turkey. Users in Turkey will be able to use the Claude 3 artificial intelligence model free of charge. The Claude artificial intelligence model was available in many languages, including Turkish, but was unavailable for use in Turkey. As of today, Claude entered Europe and became active in Turkey. Users will be able to access artificial intelligence features from Claude's website or by using the Claude iOS application. Claude 3 can analyze data in photos, documents, images and audio as well as text, just like the GPT-4o introduced yesterday. Provides written answers to your queries. Claude is considered one of the most capable #GPT models on the market, after #ChatGPT .
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MicroStrategy Joined the MSCI World Index! Institutional Bitcoin Adoption Is Increasing. *MicroStrategy (MSTR) stock was added to the MSCI World Index and surpassed Bitcoin with an increase of 105.44% since the beginning of the year. *Despite its impressive performance, CNBC host Jim Cramer recommends investors buy Bitcoin instead of MicroStrategy. *Bitcoin bull #MichaelSaylor predicts that all retirement funds will eventually need some Bitcoin, following the Wisconsin State Board of Investment's $100 million investment in BlackRock's IBIT. MicroStrategy surpassed Bitcoin with an increase of 105.44% since the beginning of the year. However, experts recommend that investors prefer Bitcoin. Michael Saylor predicts that institutional Bitcoin acceptance will increase. $BTC $ETH
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Analyst Says 100 Thousand Dollars Possible in Bitcoin Says It Depends on the FED! Bitcoin reached the new #ATH by breaking its previous ATH before the halving in April. While analysts generally say "yes" to this question, there are differences regarding the new ATH level. At this point, while there is a concentration of $ 100,000 as the first target for BTC, famous cryptocurrency analyst Timothy Peterson said that #BTC could reach $ 100,000 in the fourth quarter of 2024 or in the second quarter of 2025 at the latest. However, Peterson argued that only one major indicator is needed for $100,000 and everything depends on the US Federal Reserve. Speaking to Cointelegraph, Peterson claimed that the high yield rate in the US had to fall for BTC to rise to $100,000. “The interest rate in the US is a great indicator for Bitcoin, and for the new ATH on BTC it really needs to fall below 6% or 7%. If the interest rate falls to the 6% or 7% range, Bitcoin could hit the much-anticipated $100,000 price level by the fourth quarter of 2024 or the second quarter of 2025 at the latest.” $BTC $ETH $BNB
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Overlooked Detail in Ethereum Application Revealed: Will There Be Rejection? The analyst, who thinks that Spot #Ethereum ETF applications will be rejected, included a noteworthy detail. Van Buren Capital co-founder Scott Johnsson focused on spot Ethereum applications in his May 14 post. He stated that there was an important detail in the correspondence between the US Securities and Exchange Commission (SEC) and companies that wanted to issue #Ethereum , but everyone missed it. While he stated that the SEC raised concerns that there may be security issues in response to spot Ethereum ETF applications, he reminded that this was an issue that was not managed by previous spot #Bitcoin ETF issuers. Based on this, Scott Johnsson, who predicted that the SEC would attach a "security" label to Ethereum, said that it is unlikely that spot Ethereum ETF applications will be approved. The obvious goal is to reject ETFs by stating that these spot applications are improperly filed as commodity-based trust shares and that they are based on improper basis because they hold a security. $BTC $ETH
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