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☕️ 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.
#ETHETFS #PEPE #BlackRock
🟠 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.
#ETHETFS #PEPE #BlackRock
A whale withdrew 592B $PEPE ($7.95M) from #Binance 1 hour ago, most likely bought during the price increase over the past 2 days.
BlockTower Capital transferred 202B $PEPE($2.8M) to #Cumberland for sale 2 hours ago after the $PEPE price broke through $0.000014.
BlockTower Capital bought the 202B $PEPE($2.22M) via #Cumberland 6 days ago.
Making $578K in 6 days, with an ROI of 26%.
BlockTower Capital bought the 202B $PEPE($2.22M) via #Cumberland 6 days ago.
Making $578K in 6 days, with an ROI of 26%.
An early buyer of $PEPE deposited all 182.9B $PEPE ($2.53M) into #Binance 6 hours ago.
This guy spent 0.22 $ETH($462) to buy 324.9B $PEPE on Apr 15 and sold it all for $3.4M.
He was lucky enough to turn $462 into $3.4M, a gain of 7,368x!
This guy spent 0.22 $ETH($462) to buy 324.9B $PEPE on Apr 15 and sold it all for $3.4M.
He was lucky enough to turn $462 into $3.4M, a gain of 7,368x!
Happy Bitcoin Pizza Day, everyone!
Today commemorates a significant milestone, marking Bitcoin's evolution from a niche hobby for tech enthusiasts to a widely recognized economic asset.
Share your celebration photos! In comment section #BitcoinPizzaDay
Today commemorates a significant milestone, marking Bitcoin's evolution from a niche hobby for tech enthusiasts to a widely recognized economic asset.
Share your celebration photos! In comment section #BitcoinPizzaDay
May 21 Update:
9 ETFs added 4,135 $BTC(+$290M).
#Grayscale added 436 $BTC(+$30.58M) and currently holds 289,390 $BTC($20.3B).
#Blackrock added 957 $BTC(+$67M) and currently holds 277,716 $BTC($19.48B).
9 ETFs added 4,135 $BTC(+$290M).
#Grayscale added 436 $BTC(+$30.58M) and currently holds 289,390 $BTC($20.3B).
#Blackrock added 957 $BTC(+$67M) and currently holds 277,716 $BTC($19.48B).
INDIA & CRYPTO. AN ARTICLE BY FORBES.
Is Cryptocurrency In India Legal or Not? Cryptocurrencies as a payment medium in India are not regulated by any central authority. There are no rules and regulations or any guidelines laid down for settling disputes while dealing with cryptocurrency. So, trading in cryptocurrency is done at investors’ risk.The Finance Minister of India, Nirmala Sitharaman, proposed to tax digital assets and has increased the debate on the legality of cryptocurrencies in the country. While many have embraced the
Unpacking the Impact of the USA on the Global Crypto Market
The USA wields significant influence over the crypto market in various ways:1. 𝙍𝙚𝙜𝙪𝙡𝙖𝙩𝙞𝙤𝙣: Regulatory decisions by U.S. authorities, such as the SEC and CFTC, have a substantial impact on how cryptocurrencies are traded and used.2. 𝙈𝙖𝙧𝙠𝙚𝙩 𝙋𝙖𝙧𝙩𝙞𝙘𝙞𝙥𝙖𝙣𝙩𝙨: Many major crypto exchanges and companies are based in the USA, making it a hub for crypto-related activities.3. 𝙄𝙣𝙫𝙚𝙨𝙩𝙤𝙧𝙨 𝙎𝙚𝙣𝙩𝙞𝙢𝙚𝙣𝙩 : U.S. investor sentiment can sway global crypto prices, given the c
The war between Russia and Ukraine has had implications for the crypto market. Geopolitical tensions and economic uncertainty can drive some investors to seek the safety of cryptocurrencies like #bitcoin as a hedge against traditional markets. This has, at times, led to increased crypto trading volumes and, subsequently, price fluctuations. Keep an eye on global events and their potential impact on the crypto space. 🌍💱 #CryptoImpact #RussiaUkraineConflict
The Israel-Palestinian conflict continues to have ripple effects in the world, including the crypto market. Geopolitical tensions can impact investor sentiment and cause fluctuations in #crypto prices. Stay informed and diversify your portfolio wisely. 🌍💰 #cryptoimpact .