Cryptocurrency Market News - May 24:
Bitcoin Spot ETF: 9-day streak of growth, with new investment totaling $19 million on May 23. Meanwhile, Grayscale sold 14 million USD and the total capital attracted was more than 33 million USD.
Ethereum Spot ETF: The U.S. Securities and Exchange Commission (SEC) has approved the Ethereum Spot ETF for eight issuances. However, these funds cannot yet start trading due to waiting for additional S-1 application approval, which is expected to take a few more weeks.
Ether ETF Approval: Approval may be political as SEC commissioners do not vote directly but delegate the authority to the Commerce Authority.
US House Bill: The US House of Representatives has passed a bill prohibiting the Federal Reserve (FED) from issuing Central Bank Digital Currencies (CBDCs), due to concerns that CBDCs could be used to control the people.
Grayscale Trust: Grayscale has introduced two new trusts, providing indirect investment opportunities in the cryptocurrencies STX and NEAR.
Airdrop Polymer: The Polymer project, aimed at connecting Layer 2, has successfully raised capital of 26 million USD
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Lista Protocol: The BNB stablecoin and LSD protocol, Lista (formerly Helio), has become the second Binance Megadrop project.
Swell Liquid Restaking: Swell will launch its token in the coming weeks and plans to airdrop 8% of total supply for the first season.
Fantom Development: Fantom has raised an additional $10 million to develop Layer 1 Sonic, which is expected to be released soon.#BinancePizzaVN#MemeWatch2024 #binance