✅ The week was volatile, what many people were waiting for happened - spot ETH ETFs were approved by the SEC, which led to a significant increase in the price of Ethereum, which can't be said about the rest of the market 😬

Weekly news digest:

💎 Crypto

🔸 The SEC approved spot Ethereum ETFs 

🔸 AllianceBernstein's analysts say ETH can rise to $6,600 if ETFs are approved

🔸 MetaMask could add Bitcoin support within the next month 🦊

🔸 Gala Games got exploited for nearly $214 million in GALA tokens

🔸 Uniswap Labs urges SEC to drop pending enforcement action in Wells response

🔸 Popular dog Kabosu, the face of dogecoin, and several other meme tokens, died

🔸 Memecoin Normie was attacked, and its price plummeted by more than 99% in one minute

🏦 Crypto exchanges

🔸 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

💵 Finances and Economy

🔸 Asset manager Grayscale unveiled two new investment trusts

🔸 Joe Biden announced his latest student loan forgiveness plan by canceling $7.7 billion in debts for 160k borrowers

🔸 Microsoft unveiled the “designed for AI” Copilot+ PC

🔸 Apple has launched a discounting campaign in China, offering discounts of up to $318

🔸 JPMorgan agreed to pay $100 million over CFTC trade reporting violations

⚖️ Law and Order

🔸 United Arab Emirates issued an advisory to farmers prohibiting mining crypto on farms

🔸 US lawmakers voted in favor of a crypto market structure bill FIT21

🔸 US House passes bill to ban the Federal Reserve from creating a Central Bank Digital Currency

🔸 CEO of Grayscale resigns and will be replaced by Goldman Sachs executive

🔸 Iran's President Ebrahim Raisi died in a helicopter crash

🔸 Donald Trump vows to free Silk Road founder Ross Ulbricht from prison if re-elected

#ETFvsBTC #MemeWatch2024 #CryptoWatchMay2024 #EarnCommissions #EarnFreeCrypto2024