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NickV
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⛔️ JPMorgan believes the U.S. SEC will limit itself to bitcoin and Ethereum-based ETFs, despite expectations in the community of funds based on other altcoins.
#ETHETFsApproved
#FIT21
#JPMorgan
#SEC
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On May 30, the #Notcoin ($NOT ) gaming token jumped 30% to $0.012. Its capitalization reached $1.22 billion with a trading volume of $1.29 billion, according to #CoinGecko . The weekly growth of the asset amounted to almost 130%. At the time of writing, the project ranks 81st in the top of the largest cryptocurrencies. Despite the decline after the listing, the asset continues to gain back ground. #CryptoQuant analysts attributed such dynamics to the NOT distribution model. "After listing on Binance on May 16, there was a sharp increase in the number of transactions [with NOT] and active addresses, although the price and trading volumes soon declined, indicating that the initial excitement has faded. Despite this, the significant accumulation of funds by large holders indicates sustained confidence," the experts wrote. According to their data, a significant portion (69.59%) of the NOT airdrop was distributed via onchain withdrawal, while 22.87% was allocated to community incentives - this "demonstrates a strategy aimed at broad engagement." A significant proportion of coins went to centralized exchanges after launch, CryptoQuant noted. The initial "market overreaction" caused a correction, but a combination of holder accumulation and community incentives provided the potential for recovery. #Megadrop #altcoins
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🚔 The U.S. Department of Justice arrested 35-year-old Chinese citizen Yunhe Wang for organizing the 911 S5 botnet of more than 19 million private IP addresses and reselling them to criminals. The scheme operated from 2014 to 2022, victimizing residents of more than 200 countries. According to Chainalysis, Wang's wallets held more than $130 million in digital assets. #crimes #Chainalysis #btc70k #altcoins #Megadrop
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◽️The New York Stock Exchange (NYSE) said it will consider listing cryptocurrencies after regulatory clarity emerges, according to Lynn Martin, head of the platform. ◽️В community has heard rumors about the possible listing of #Solana ($SOL ) on the Chicago Mercantile Exchange (CME), but there has been no official confirmation or denial from the company. #NYSE #CME
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The gap between the FDV (full capitalization at announced issuance) and the actual capitalization of CoinMarketCap's top 100 projects is $250 billion. 90% of this amount is accounted for by 22 tokens, while one #Worldcoin (WLD) accounts for 19%. #Megadrop #btc70k #altcoins #BinanceLaunchpool
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👨💼 #KuCoin launched API Broker program for third-party applications Cryptocurrency exchange KuCoin announced the launch of a program that will provide marketing support and up to 55% of user commissions to developers of trading software for traders. $NOT
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