Market Brief for TODAY
- The #BTC Spot ETF has seen 13 consecutive green sessions with over $49M invested on 30/05. ARK sold heavily at $100M, but other funds accumulated more than $144M, with Fidelity leading by collecting $119M.
- The #SEC has requested companies to amend their S-1 filings for the Ethereum ETF by 31/05.
- An SEC commissioner has proposed a digital securities testing framework between the US and the UK, allowing crypto companies to operate under supervision for 2 years.
- Trump has been convicted on 34 counts of covering up information that could have impacted the 2016 election. The likelihood of jail time is low due to the minor nature of the offenses and his lack of prior convictions.
- Elon Musk denies rumors of advising #Trump but continues to praise crypto.
- Terraform & Do Kwon have reached a tentative agreement with the SEC - LUNA surges.
- A guide on how to participate in the GameFi Avalon project airdrop.
- Polyhedra reluctantly changes its token symbol to ZKJ after a week-long dispute with zkSync.
- Bitcoin staking platform Babylon has raised a substantial $70M led by Paradigm .
- Neynar, a project under the Farcaster ecosystem, has raised $11M in a Series A round led by Haun Ventures.
- Blockchain gaming project Zentry (formerly GuildFi) has secured additional funding from Spartan Capital, DWF Labs, and others