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Report: Nasdaq and Cboe Asked to Refine Ethereum ETF Proposals
Analysts: SEC Could Begin Approval Process for Spot Ethereum ETFs Tomorrow
[May 21, 2024 7:05 AM] Bloomberg’s ETF analysts have explained that the U.S. Securities and Exchange Commission (SEC) could start the approval process for spot ethereum exchange-traded funds (ETFs) tomorrow. They noted that the securities regulator has requested…
Crypto Market Liquidations Top $330 Million In 24 Hours With Ethereum In The Lead
[May 21, 2024 6:30 AM] As the Bitcoin and Ethereum prices hav barreled toward a new all-time high, short-term traders have been suffering the brunt of the liquidations. In the last day alone, over $330 million was liquidated from the crypto market and the majority of…
Fidelity Omits Staking From Spot Ethereum ETF Proposal
[May 21, 2024 6:16 AM] Amid growing speculation about the potential approval of spot ethereum exchange-traded funds (ETFs), Fidelity Investments has revised its ether ETF filing, omitting all staking features previously included in the proposal. This update follows…
Central Bank of Brazil Aims to Finalize Crypto Regulations This Year
[May 21, 2024 5:20 AM] The Central Bank of Brazil outlined its crypto regulation calendar, defining a three-phase process for finalizing these tasks in 2024. The bank aims to consult market actors regarding VASPs, establish plans to regulate stablecoins and finalize the…
Crypto Expert Predicts: These 8 Altcoins ‘Will Make You Rich’
[May 21, 2024 5:00 AM] In a new YouTube analysis released to his 502,000 followers, crypto strategist Miles Deutscher shared his insights on the evolving landscape of crypto investments. Deutscher’s discourse delved deep into the inefficacies of traditional venture…
BitMEX Founder Predicts The Dawn Of ‘Crypto Valhalla’: When Will It Start?
[May 21, 2024 1:45 AM] In his latest essay titled “The Easy Button,” Arthur Hayes, founder of the crypto exchange BitMEX, delves into the dynamics of global monetary policies and their consequential ties to what he describes as the impending ‘Crypto…
XRP: Social Buzz Points To $0.70, But Technicals Predict Dip To $0.50 First
[May 21, 2024 12:40 AM] The value of Ripple’s XRP token has fluctuated dramatically in recent months. Talks about the coin are thriving and have reached their highest point since early April, despite an 8% price decline over the last 60 days. This raises the…
Nigeria’s SEC-Crypto License
[May 20, 2024 11:20 PM] In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster…
Understanding Notcoin: The Token Behind the Click-to-Mine Telegram Game
[May 20, 2024 9:37 PM] This week, the crypto community has been buzzing about a new token called notcoin (NOT), recently launched on The Open Network (TON). This token is tied to a game on Telegram where users earn NOT by completing tasks and clicking a button, featuring…
Sei Foundation Unveils ‘Parallelized’ EVM In v2 Upgrade, Driving 11% Spike In SEI’s Price
[May 20, 2024 8:30 PM] To increase the capabilities of its Layer 1 (L1) blockchain, the Sei Foundation has announced a governance proposal to upgrade Sei to Version 2. This proposed upgrade will reportedly introduce a “high-performance, parallelized” Ethereum Virtual…
NY Attorney General Secures $2 Billion Settlement With Bankrupt Crypto Lender Genesis
[May 20, 2024 8:14 PM] New York Attorney General Letitia James has secured a $2 billion settlement with bankrupt cryptocurrency firms Genesis Global Capital, Genesis Asia Pacific, and Genesis Global Holdco. The settlement, which requires bankruptcy court approval, will…
Dark web market owner arrested in New York after FBI traces crypto
[May 20, 2024 7:34 PM] The FBI claimed it found Incognito Market’s alleged owner, Rui-Siang Lin, by tracking crypto from the dark web drug market to a crypto exchange account allegedly in his name.
Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs
[May 20, 2024 6:30 PM] The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether…
Hong Kong Police Arrest Three in ‘Hell Money’ Cryptocurrency Scam
Despite Price Lull, Shiba Inu Burn Rate Heats Up: Are Investors Preparing For A Mega Rally?
[May 20, 2024 6:00 PM] In a fascinating twist for the Shiba Inu (SHIB) community, the rate at which SHIB tokens are being burned has increased significantly, even as the price of the meme coin shows modest gains. Recent data from the Shibburn explorer indicates a 62.58%…
Bitcoin to Reach $420K by Decade’s End, Says Ric Edelman
Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000
[May 20, 2024 5:00 PM] After enduring a significant 20% price correction earlier this month that saw Bitcoin fall below $56,400 and increased outflows from the Bitcoin ETF market, the world’s largest cryptocurrency has managed to stage a strong comeback. It has…
Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert
[May 20, 2024 4:12 PM] Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital…
Bitcoin Price Mirrors Historical Pattern That Led To $1,200 Surge, Will History Repeat Itself?
[May 20, 2024 3:00 PM] Crypto analyst TechDev has provided insights into the Bitcoin (BTC) future trajectory. The analyst hinted that the flagship crypto was currently mirroring its price action in 2017 and could soon make a parabolic rise like it did back then. History…
Analysts Boost Odds for Ethereum ETF Approval to 75% Amid SEC Chatter
[May 20, 2024 2:56 PM] On May 20, 2024, Bloomberg Intelligence exchange-traded fund (ETF) senior analyst Eric Balchunas informed his 274,000 X followers that he and his colleague James Seyffart had increased their expectations for the approval of a spot-based ethereum…
Crypto Startup Funding Hits $2.4 Billion in Q1
[May 20, 2024 2:41 PM] Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread…
Ripple Unveils Brazil Fund for Supporting Local XRP Ledger Projects
[May 20, 2024 1:16 PM] Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using XRP Ledger, the XRP asset blockchain. Julia Heitner, Program Manager of the XRPL Grants program, stated that Brazil…
Crypto Analyst Sounds Warning Alarm For Potential 50-60% Crash In Chainlink Price, Here’s Why
[May 20, 2024 12:00 PM] Crypto analyst CrediBULL Crypto recently warned that Chainlink (LINK) could experience a 50% to 60% drop in its price. However, based on his explanation, LINK holders may not have cause to worry as such a price drop is part of the crypto token’s…
62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize
[May 20, 2024 11:34 AM] According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale…
‘Really Stupid and a Huge Mistake:’ Putin Blasts US Actions Blocking Payments to China; Exporters Turn to Small Banks and Crypto
[May 20, 2024 10:37 AM] Russian President Vladimir Putin charged against the U.S. actions seeking to block Russian payments to China and other countries. During a two-day trip to China, the Russian leader emphasized that this strategy was “really stupid and a huge…
The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD Plummets
[May 20, 2024 9:40 AM] This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%. Weekly Crypto Highlights…
Dormant Bitcoin Wallet Transfers 114 BTC Worth $7.6M After 11 Years
[May 20, 2024 9:20 AM] With bitcoin’s price up 6.8% from last week, a dormant bitcoin address from 2013 became active for the first time in over 11 years, transferring 114.42 bitcoins valued at $7.67 million. Sleeping Bitcoin Wallet Awakens After 11 Years, Moves…