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The Black Ross
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$UNI #UNI Uniswap (UNI) is the governance token of the decentralized exchange platform. The project received a Wells Notice in April 2024 and responded to it in May. Despite the Securities and Exchange Commission’s move, the DeFi project is moving on with its on-chain vote to lay the groundwork for automating fee collection and distribution. Voting commences on May 31, per an official post in the Uniswap governance forum. UNI price added 5% to its value on Saturday and sustained weekly gains of 43.27% on Binance.

$UNI #UNI

Uniswap (UNI) is the governance token of the decentralized exchange platform. The project received a Wells Notice in April 2024 and responded to it in May. Despite the Securities and Exchange Commission’s move, the DeFi project is moving on with its on-chain vote to lay the groundwork for automating fee collection and distribution.

Voting commences on May 31, per an official post in the Uniswap governance forum.

UNI price added 5% to its value on Saturday and sustained weekly gains of 43.27% on Binance.

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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Bitcoin is gathering its strength Market picture The crypto market added 1.3% in 24 hours to $2.58 trillion. This is roughly the area where trading has been centred for the last week, despite attempts by speculators to rock the market. Volatility in the market has decreased, with prices of the major coins varying between -1.3% (Toncoin) and 3.3% (Solana), while Shiba Inu shot straight up 15% to its highest since early April. Bitcoin continues to hover near the upper edge of the descending range, building up strength before the next move. All we have to do is reiterate that an exit above $70K will break this bearish pattern. Until then, the classic development is a pullback to the lower boundary, but we see this as an alternative option, suggesting a further breakout after consolidation. According to CoinShares, net inflows into crypto funds totalled $1.05bn last week, up from $932m a week earlier. Bitcoin investments were up $1.01bn, Ethereum was up $36m, and Solana was up $8m. News background Cumulative ETF investments since the beginning of the year rose to a record $14.9 billion. The total AuM of crypto funds reached $98.5 billion. Weekly trading volumes rose 28% to $13.6 billion.  CoinShares noted that sentiment is becoming generally positive, which is likely due to investors interpreting the FOMC minutes and recent macroeconomic data as slightly dovish. MicroStrategy founder Michael Saylor pointed out that 32 cryptocurrency ETFs have accumulated more than 1 million BTC (~$70bn)—or about 5% of all asset issuance. According to SoSoValue, the largest ETF is still Grayscale's GBTC, with $20bn in assets under management (AUM), almost caught up by its closest competitor, BlackRock's IBIT. Medical technology specialist Semler Scientific announced the purchase of 581 BTCs worth $40 million. According to the company, BTCs are now "the Treasury's primary reserve asset" because they are "a reliable store of value and an attractive investment." Semler Scientific shares jumped 28%.
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$BTC let's fly
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Bitcoin (BTC) ETFs worldwide now hold a record 1 million BTC, according to a recent X post by MicroStrategy CEO Michael Saylor. With the new milestone, Bitcoin may see a rally as Presidential candidate Donald Trump makes another pro-crypto comment Bitcoin ETFs set new record Michael Saylor, CEO of MicroStrategy, recently made an X post on Monday about the significant achievement across Bitcoin ETFs worldwide, stating, "32 spot Bitcoin ETFs now hold '1 Nakamoto' of BTC," referring to 1 million BTC. This milestone was attained a little more than four months after Bitcoin ETFs went live on January 10. US Bitcoin ETFs currently hold the largest amount, totaling 855,619 BTC. Grayscale, BlackRock, and Fidelity lead the list, with a combined holding of 737,746 BTC. BTC holdings among offshore ETFs also rose significantly. Bitcoin ETFs hit new milestone as crypto community awaits price surge CRYPTOS | 05/27/2024 21:58:50 GMT Spot Bitcoin ETFs hit 1 million BTC milestone, holding 5% of the total supply. The top three Bitcoin ETF holders are Grayscale, BlackRock, and Fidelity. Upcoming US elections may impact Bitcoin's price following Donald Trump's latest pro-crypto comment. Bitcoin (BTC) ETFs worldwide now hold a record 1 million BTC, according to a recent X post by MicroStrategy CEO Michael Saylor. With the new milestone, Bitcoin may see a rally as Presidential candidate Donald Trump makes another pro-crypto comment.
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$ETH $BTC Ethereum spot ETFs are good for Bitcoin, says Michael Saylor, as ETH bulls show confidence Ethereum bulls push ETH's price as Fear and Greed Index shows investors' overconfidence. Michael Saylor changes perspective, now believes spot ETH ETFs are net positive for Bitcoin. Ethereum Pectra upgrade scheduled to launch in Q1 2025. Ethereum (ETH) gained nearly 3% on Monday as investors exhibited high bullish sentiment. Michael Saylor also commented on the recent spot ETH ETF approval by the Securities & Exchange Commission (SEC). Daily digest market movers: Bullish sentiment, Michael Saylor, Pectra upgrade Following ETH's price gain on Monday, trading firm QCP Capital noted that market participants are becoming more bullish on the largest altcoin, considering potential institutional demand when spot ETH ETFs go live.
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#A large wallet investor has spent $863,000 to buy FLOKI and MAGA, since April 8. In less than two months, the investor has gained over $3.5 million in unrealized profits, as FLOKI and MAGA prices rally. FLOKI and MAGA have both noted an increase in active addresses and social dominance. Crypto intelligence tracker Lookonchain identified a large wallet investor who has accumulated FLOKI (FLOKI) and MAGA TRUMP (MAGA) tokens, in exchange for Ether, since April 8. The tracker identified the wallet’s purchases and noted an unrealized gain of over $3.5 million, as the assets rallied.  Meme coins have consistently rallied in the past few weeks, likely a result of capital rotation from Bitcoin and Ethereum or rising demand among market participants.  FLOKI and MAGA prices rally amidst bullish on-chain metrics Lookonchain tracked a wallet theunipcs.eth and noted that the investor spent 276.4 Ether ($863K) to buy 4.56 billion FLOKI (currently worth $1.1 million) and 18.45 Ether ($57K) to buy 6.27 billion MAGA (currently worth $3.48 million), since April 8. Since the investor’s purchase, they are sitting on unrealized gains of $3.4 million on MAGA and $245,000 on FLOKI holdings, per the tracker.  $FLOKI
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