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BREAKING: Yesterday we saw $488,100,000 inflow on the Spot #Bitcoin ETF
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Bank of Canada has cut interest rates by 25 bps, dropping rates from 5% to 4.75%. Europe is expected to reduce interest rates by 0.25% to 4.25% tomorrow. Lower interest rates = Bitcoin goes up 🚀 Buckle up, please.
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☕️ GM! Here are the top news in #Crypto for the past 24 hours 🟠 BlackRock's spot Ethereum ETF listed under the ticker ETHA. The ETFs still await S-1 registration approval. 🟠 Standard Chartered analysts predict Solana and XRP ETFs could launch in 2025, following the approval of Ethereum spot ETFs this week. 🟠 The FTX estate auctioned its last discounted SOL tokens, worth $2.6 billion, to Pantera Capital and Figure Markets, facing criticism for selling at 70% below market value. 🟠 Polymarket faces backlash for settling a $13M Ethereum ETF bet as "Yes" after SEC approved 19b-4 forms, with some arguing the bet is unresolved. 🟠 Coinbase seeks an appeal in its SEC case, citing Congress's FIT21 bill passage as evidence of differing views on crypto regulation jurisdiction. 🟠 Kabosu, the Shiba Inu who inspired Dogecoin and Shiba Inu tokens, passed away at 17. A farewell party will be held on May 26 in Narita City. 🟠 Bybit will soon list zkSync (ZK) and will update Polyhedra's ticker symbol (ZK). The exact listing timeline will be announced later. 🟠 Algorand's new ad criticizes Bitcoin, Ethereum, and Solana as slow, expensive, or unreliable, sparking mixed reactions online. 🟠 ethеr.fі introduces the ethеr.fі Cash mobile wallet and Visa card, allowing users to borrow USDC or swap assets for instant settlement. 🟠 Aethir has integrated the GAM3SGG platform into its ecosystem and launched a campaign with CARV, offering rewards for node enthusiasts
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#Bitcoin remains stuck in the range. We'll remain in this range for a substantial period, perhaps trading slightly lower. Why? Rotation from Bitcoin towards Ethereum and Altcoins isn't likely going to push Bitcoin further upwards
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BREAKING: Yesterday we had $257,300,000 inflow on the Spot #Bitcoin ETF
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