☕️ GM! Here are the top news in #Crypto for the past 24 hours
🟠 The SEC has informed exchanges that it is leaning towards approving spot Ethereum ETFs and is expediting the review process, with potential approval by Thursday.
🟠 Standard Chartered is 80%-90% confident in Ethereum ETF approval this week, predicting ETH price targets of $8,000 by 2024 and $14,000 by 2025.
🟠 Grayscale has removed staking language from its spot Ethereum ETF filing, similar to recent amendments by other issuers like Fidelity.
🟠 ZkSync plans a token generation event this week with a 21 billion token supply, and an airdrop is expected around June 13.
🟠 Coinbase will launch retail-sized oil and gold futures contracts on June 3, expanding its offerings beyond crypto derivatives.
🟠 Uniswap Labs urged the SEC to drop its enforcement action, arguing Uniswap doesn’t meet the SEC's definition of an exchange and faces regulatory overreach.
🟠 Donald Trump's 2024 campaign announced it will accept cryptocurrency donations using Coinbase Commerce, amid his ongoing legal battles.
🟠 Volatility has caused over $280 million in short liquidations as ether surged over 22% amid optimism for SEC spot ETF approval this week.
🟠 Web3 social media platform Farcaster raised $150 million led by Paradigm, aiming to grow daily users and add developer features in 2024.
🟠 The Gala Games exploiter returned $21 million worth of ETH from the $200 million exploit. Gala is collaborating with authorities to investigate.
