• MetaMask is working on integrating native BTC, launching this feature next month. $BB
• $AIOZ - AIOZ Network has become first DePIN company listed on Nvidia Accelerated Applications Catalog.
• $EOS - EOS Network announced Antelope Spring Beta-1 is live on testnet. (Final release: July 10/hard fork: July 31)
• $EDU - Animoca plans to acquire more EDU tokens from the open market.
• $LEVER - LeverFi has announced a $10 million OmniZK Developers Fund ahead of the OmniZK testnet launch.
• $REZ - Renzo Protocol plan to start $REZ ezPoint boosts on May 22.
• $NMT - NetMind.AI has announced a usage-based mining mechanism and a new GPU dashboard.
• $SD - Stader Labs has proposed a 20% $SD supply reduction with a 30M $SD burn, part of their SD Tokenomics Revamp. Voting on the proposal is underway.
• $STG - Stargate Finance has announced the release of V2 on May 28.
• $TON - Binance has added a new wallet for Toncoin. Official announcement for spot listing is expected soon.
• $ZEN - Horizen has proposed ZenIP-42405. If approved, it will move forward with the development of EON 2.0 and the proof verification chain.
• @taikoxyz has announced the $TKO token airdrop. Mainnet launch is scheduled for June 6.
> Bitcoin CME futures (Dec/2017) > Bakkt (Sep/2019) > Coinbase IPO (Apr/2021) > Bitcoin Futures ETF (Oct/2021) > ETH "The Merge" (Sep/2022) > ETH "Shanghai" (Apr/2023) > Bitcoin Spot ETF (Jan/2024) > ETH "Dencun" (Mar/2024) > Bitcoin Halving (Apr/2024)
Historically and generally, "Sell the News" events have existed.
However, at least regarding ETFs, please discard the preconceived notion/bias. As seen with $BTC, it ultimately leads to price discovery.
The concept of "buy the news/sell the news" for ETF approval will likely become less relevant in the future. Market reactions will be minimal, and significant price movements will be less noticeable.
Simple as that.
If the ETH ETF is delayed, it's a great opportunity to buy the dips/DCA.
** @EricBalchunas predicts that the SEC announcement will likely come around 4 pm ET tomorrow. For the spot BTC ETF, the announcement was made at 3:45 pm, and other past announcements were slightly after 4 pm.