$BTC The editorial staff of Incrypted has prepared a digest about the main events in the cryptocurrency sphere for the past week. In it, we will talk about the SEC's approval of Ethereum-based spot ETFs, the upcoming restriction of P2P operations by the National Bank of Ukraine, the zkSync airdrop, the departure of the Dogecoin symbol into another world, and much more.

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Bitcoin news

The rate of the first cryptocurrency rose above $BTC $71,000

At the start of the week, the price of Bitcoin showed a significant increase and on May 21, 2024, it instantly crossed the $71,000 mark.

WHAT IS ETH-ETF? 🥉
Yesterday I made many posts about this event, but many people do not understand what it is, and it is a base in a crypt, so I recommend reading it at least once👇
$ETH (Ethereum Exchange-Traded Fund) is a financial instrument that allows investors to buy shares that represent a stake in Ether (ETH), the main cryptocurrency of the Ethereum platform, without having to directly buy or hold the cryptocurrency itself. ETFs are traded on an exchange like ordinary stocks, which simplifies the process of investing in cryptocurrency for traditional investors.
🤔What will this bring to cryptans and the crypto market?
1️⃣ Attracting New Investors: The ETF will make investing in ETH more accessible to a wide range of investors, including institutional investors who may be reluctant to own the cryptocurrency directly due to regulatory or technical barriers
2️⃣Increased liquidity: Due to the increase in the number of market participants, the liquidity of ETH can increase, which will positively affect its market stability and reduce volatility.
3️⃣Regulatory Transparency: The ETF is subject to regulatory oversight, which can increase confidence in the cryptocurrency market and reduce risks associated with fraud or manipulation.

$BTC Happycoin.club - The owner of a Shiba Inu dog named Kabosu reported on social networks about the death of her pet, known throughout the world thanks to the meme cryptocurrency Dogecoin. She said that farewell to Kabosu will take place on May 26.

It is known that the dog was 18.5 years old. For the past two years, the famous dog has been seriously ill—at the end of 2022, he was diagnosed with leukemia. In May 2024, Kabosu's legs gave out, so he could no longer move independently.

$BNB $ETH #DogeDay

$USDC $BTC $ETH The US Securities and Exchange Commission (SEC) has entered into an agreement with the Bitcoin exchange Binance to limit the access of employees of the parent platform to the assets of Binance.US customers. This was reported by CoinDesk.

The decision must be approved by the court.

As part of the deal, Binance.US will share details about its business expenses in the coming weeks. Employees of the international Binance will lose access to the private keys of the wallets and other tools of the American division

$SOL $USDC European financial regulators and law enforcement agencies have teamed up with the US Securities and Exchange Commission (SEC) in an investigation into the Binance cryptocurrency exchange. The purpose of their cooperation is to reveal more information about the company, whose activities have recently attracted a lot of attention.

Over a period of time, the SEC has been continuously requesting information about Binance's activity in several European countries. And after the agency accused the exchanges of commingling funds, several of them took action. However, some European authorities are still analyzing the complexity of the Binance situation and have not yet responded to the SEC's requests for information.

It's no secret that Binance has a significant number of companies registered around the world, many of which are located in Europe. The company has a license to operate as a crypto exchange in countries such as France, Cyprus, Spain, Great Britain, Ireland, Malta and other EU countries. Notably, most of the companies registered in these countries reported small revenues ranging from a few thousand euros to 500,000 euros, but some reported revenues of up to 200 million euros annually.

$BTC $ETH $BNB Crypto exchange Binance announced zero commission for makers of all spot and margin trading pairs with TUSD. BTC/TUSD, TUSD/BUSD and TUSD/USDT trading pairs will also have zero commission during the promotion period.

All users will be able to take advantage of these privileges from June 30, while standard taker fees will still be charged.

In addition, Binance is extending the zero BUSD maker fee until December 31st, which applies to existing and new BUSD pairs for spot and margin trading, except for BNB/BUSD, BTC/BUSD and ETH/BUSD.

The TUSD stablecoin has grown in popularity since Binance bet on it due to the problems with the BUSD stablecoin. Notably, TUSD issuer TrueUSD stopped issuing a stablecoin through Prime Trust on June 10.

The announcement came amid a drop in monthly volume and regulatory pressure, which was revealed by the US Securities and Exchange Commission's filing of a lawsuit against Binance over allegations of securities violations.

$ETH The press service of the cryptocurrency exchange Binance announced that it will support updates and hard forks of Zilliqa (ZIL) and Waves (WAVES). Company representatives announced that the 1st update of the blockchain network will take place at 11:00 a.m. on July 5, 2023. Deposits and withdrawals of the digital coin will be suspended approximately 30 minutes before.

As for the Waves (WAVES) network upgrade and its hard fork, they will take place at block 3,720,000 or around 21:14 the next day, July 6th. WAVES deposits and withdrawals will be suspended from approximately 20:00 on the same day.$BNB

$BTC Probably the most famous aggregator that provides such services remains CoinMarketCap. By default, this service provides the following information: bitcoin exchange rate, its price change (hourly, daily and weekly), trading volume, supply in circulation and weekly schedule. When you go to the Bitcoin tab, you can get more information and customize it to your own needs. For example, you can plot any period of interest, including historical data (for example, take a detailed look at pricing in November 2021, when BTC reached an all-time high).$BTC

$BTC Chance to get $10, go to my profile, copy the code, go to the red envelope, insert the code into the appropriate column and click get and all the funds are in your wallet. Hurry, the offer is limited.
$ETH is increasing in price again, so hurry up to buy so as not to lose your chance, and we are also watching $BTC until the price drops, do not rush to buy, wait for the maximum drop and then start buying and believe me, you will win much more than you invest

#Bitcoin on the market, the price drops by $BTC , but this is all a temporary phenomenon that grows into a rapid price increase, so we do not wait, but buy and save until the peak of the price.
$ETH is growing rapidly, so we buy before the prices skyrocket. I wish everyone good trading and good profits $ETH