Here I present some of the most relevant news from the world of cryptocurrencies today, June 1, 2024:
Market:
* Bitcoin (BTC) recovers 0.7% in the last 24 hours, trading around $68,300. Some analysts compare its current behavior with that of mid-2020.
* Tether (USDT) will invest $150 million in Bitcoin mining company Bitdeer.
* EOS Network (EOS) announces a renewal of its tokenomics.
* Markets are cautiously awaiting SEC decisions on Ethereum (ETH) ETFs.
* Experts believe that BTC and ETH derivatives are key to the integration of cryptocurrencies into the traditional financial system and to reaching new all-time highs.
* Bankruptcy cases of cryptocurrency companies have become a source of income for law firms such as Sullivan and Cromwell and Kirkland and Ellis.
Specific news:
* President Biden vetoes an SEC resolution that prohibited banks from custody of Bitcoin.
* JP Morgan anticipates a "negative reaction" from the market to the approval of Ethereum ETFs.
* Ethereum conquers Singapore's largest bank.
* El Salvador plans to increase its Bitcoin holdings during Bukele's next term.
* The United States expresses concern about China's strategies with the digital yuan.
* Donald Trump promises to free Ross Ulbricht if he wins the presidential election.
Are you interested in any particular news or do you have a specific question?