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💫 Liczba codziennych transakcji w sieci Arbitrum podwoiła się do ponad 2 milionów.

💫 Liczba codziennych transakcji w sieci Arbitrum podwoiła się do ponad 2 milionów.

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🚨US Stock Exchanges Closed. S&P500: +0.81% Nasdaq: -0.01% Dow Jones: +1.51%

Dogecoin Whales Accumulate 700 Million DOGE in 72 Hours: Huge Increase in Whale Activity. Dogecoin's recent price movements have been around $0.158 and have experienced a 4 percent decline in the past week. But this hasn't deterred whale investors. Over 700 million DOGE, worth approximately $112 million, were purchased by whales in the last 72 hours. This significant accumulation shows that large investors are making a strategic move to benefit from current market conditions. Although it has had a mixed performance, rising 17 percent last month but falling last week. Whaling activity continued to increase. Assets between 100 million and 1 billion DOGE have increased significantly since May 29, coinciding with a reversal of a downward trend. Crypto analyst Ali Martinez states that this accumulation trend is an indicator of a potential recovery in the Dogecoin market. Singapore-based crypto trading firm QCP Capital also observed that traders are shifting their focus to classic meme coins like Dogecoin. This trend highlights that #DOGE remains attractive among large-scale investors. Shiba Inu (SHIB) and #Pepe (PEPE) are also making waves in the market. Over the past two weeks, more than 4 trillion SHIB tokens worth approximately $103 million have been transferred to crypto exchanges. This increase in activity may have increased interest in SHIB trading, which may have been driven by recent price movements. Shibarium, Shiba Inu's layer-2 scaling solution, has achieved significant milestones since its launch in August last year. The network has processed more than 5 million blocks and more than 417 million transactions have been processed. The number of wallet addresses exceeded 1.8 million. These developments highlight the increasing use and adoption of #SHIB in the crypto ecosystem. $DOGE $SHIB $PEPE

TRUMP token fell after the Former US President was found guilty. The jurors who found #DonaldTrump guilty influenced not only the former US President but also the TRUMP meme coin holders. The token fell by up to 35% following the decision. Jeo Boden, the meme coin inspired by President Joe Biden, rose 20% in the same time period. Trump, who was on trial for falsifying business records, was found guilty of all 34 charges by a New York jury on Thursday, becoming the first US president to be convicted of a crime. Traders on the blockchain-powered prediction market Polymarket expect #Trump to defeat #Biden in the November election regardless. Even after the decision, Trump still has a clear lead at 56% to Biden's 38%. $BTC

🧙‍♂️ The blockchains that recorded the highest growth in daily active addresses in May were Linea, #Arbitrum and #Polygon .

SEC takes final step for spot Ethereum ETFs The U.S. Securities and Exchange Commission (SEC) has required spot Ethereum ETF issuers to file updated S-1 forms by Friday, May 31, 2024. This is the final step for spot Ethereum ETFs to begin trading following the approval of forms 19b-4 on May 23. The approval process for Ethereum #ETH #ETFs is progressing rapidly. After approving the 19b-4 forms on May 23, the only obstacle now is the S-1 forms going into effect. Due to a last-minute change by the SEC, these forms were not prepared in advance. But now progress is being made. Draft S-1 forms submitted Sources following the situation said the #SEC has asked issuers to submit draft S-1 filings by Friday. Once the SEC receives these filings, it will provide an initial round of comments, prompting further changes. On the day the #ETFs were approved, VanEck filed its updated form S-1 without delay. On May 30, BlackRock took the same step and announced that its ETFs would launch with an initial investment of $10 million. They noted that the details of seed investments are straightforward and that other aspects of S-1 forms may take longer to handle. Analysts expect S-1 forms to go through at least two more rounds of draft filing processes before they are ready. If this process proceeds slowly, it may take several weeks or even months for S-1 forms to be finalized. Some investors think this delay could be positive for the market. The SEC is taking these steps in the #Ethereum ETF process by focusing the market's attention on S-1 forms. Issuers are moving quickly and complying with the SEC's comments. This paves the way for the imminent launch of Ethereum ETFs. $BTC

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