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Altcoin ™️ | ALTS | News

🚀 Explore the Vast World of Altcoins! 🚀 Admin: @CryptoNewsAdminTG Follow also: @BitcoinNews @EthereumNews @TradingNews @MetaverseNews @StockNews

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01
🪙 Ethereum on track for best month since February with 30% rise in May Data from Coinglass shows that Ethereum has experienced a remarkable surge in May, rising nearly 30% with a few days remaining. This marks Ethereum’s best monthly performance since February when it jumped 46%. This recovery is significant, especially considering the 17% drop it faced in April. A key factor in May’s rebound is the approval of the Ethereum ETF 19-b filings, which has bolstered investor confidence. Historical data from Coinglass indicates that May is typically Ethereum’s strongest month, with an average gain of 31%. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 '1 Nakamoto of BTC': Michael Saylor Notes Major Bitcoin ETF Milestone Michael Saylor, the head of MicroStrategy and a well-known advocate for Bitcoin, recently highlighted a significant milestone in the cryptocurrency world. According to Saylor, spot Bitcoin ETFs now collectively hold approximately 1 Nakamoto of Bitcoin, a symbolic reference to 1 million BTC. This milestone was reached just over four months after the inception of Bitcoin ETFs on Jan. 10 this year. Thus, more than four months later, the volume of accumulated Bitcoin issuers has exceeded the 1 million BTC mark. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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❄️ TON blockchain’s total value locked surpasses $300 million The total value locked on The Open Network blockchain has crossed $300 million for the first time — an over tenfold increase since early March. The network is seeing locked value surge amid an ongoing ecosystem initiative, The Open League. This is contributing to the surge in TVL by rewarding users of TON’s top decentralized applications. Since the incentive program was rolled out, the network's TVL went from $23 million in early March to the current $315 million, per DeFiLlama data. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Robert Kiyosaki Advises Buying Bitcoin Before Price Explodes — Warns of Bonds Crashing Rich Dad Poor Dad author Robert Kiyosaki has warned investors about the bond market crashing, urging them to invest in “safer real assets,” like bitcoin, before their prices “explode.” He criticizes financial planners for promoting bonds as safe investments, predicting significant losses for investors when AAA bonds and commercial real estate crash. Meanwhile, Kiyosaki expects bitcoin’s price to reach $2.3 million. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Bitcoin miner Marathon partners with Kenya to capitalize on excess energy Marathon Digital Holdings has partnered with Kenya to monetize underutilized energy. Marathon chairman and CEO Fred Thiel signed the agreement with Kenya’s Prime Cabinet Secretary, Hon. Musalia Mudavadi, E.G.H, on May 24. Thiel said the deal will involve Kenya and Marathon “jointly developing technology projects.” Thiel described a partial focus on digital assets, stating that the country has a “special spot in the history of digital currencies” and that Marathon will “play a part in the next phase.” Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 DOGE meme icon Kabosu passes away at 18 Kabosu, the face of dogecoin, passed away in the morning of May 24 at an estimated age of 18, its owner said in a blog post. “Today, Kabosu, our community's shared friend and inspiration, peacefully passed, in the arms of her person,” dogecoin’s official X account wrote on Friday. “The impact this one dog has made across the world is immeasurable.”. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🇺🇸 SEC approves 🪙 Ethereum ETFs, aligning ETH closer to commodity in industry win The US Securities and Exchange Commission (SEC) has approved the first spot Ethereum exchange-traded funds (ETFs), marking a significant milestone for the crypto industry. The decision, announced today, allows asset managers such as Grayscale, Fidelity, and Bitwise to launch ETFs that directly track the price of Ethereum (ETH). Ethereum rose 2% on the news and was trading at $3,900 as of press time, based on CryptoSlate data. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🇺🇸 SEC has started engaging with Ethereum ETF issuers over S-1 forms: Source The U.S. Securities and Exchange Commission has begun discussions around S-1 registration statements with prospective Ethereum ETF issuers, according to a source. “Basically, it's just starting,” said a high-ranking member at an issuer when asked about conversations relating to S-1 forms. “It feels a little like [the Division of Investment Management] was more-or-less caught off-guard by the change of tune. So, just starting.”. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🟠 Florida court overturns Binance.US suspension order The First District Court of Appeals in Florida has nullified an Emergency Suspension Order (ESO) issued by the Office of Financial Regulation against Binance.US, according to a court filing on May 22. Earlier this year, Florida’s regulator banned Binance.US from serving its residents, citing “immediate danger” to the public as the reason for its decision. The regulator also pointed to Changpeng Zhao’s legal issues, as the founder and former CEO of Binance Holdings pleaded guilty to federal finance charges. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Ripple CLO calls Gary Gensler 'a struggling liability' as political winds shift Ripple's Chief Legal Officer Stuart Alderoty described U.S. Securities and Exchange Commission Chair Gary Gensler as "a struggling liability" — as the hype surrounding the potential approval of spot ether exchange-traded funds grows. "He thought crypto was an easy target," Alderoty said, adding, "He relished being the guy that everyone loved to hate. He thought he was above Congressional oversight. That's all gone. He's now a struggling political liability." Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 Cboe BZX posts amended spot Ethereum ETF filings, marking a step forward in upcoming decision Exchange CboeBZX revamped 19b-4 forms for five spot Ethereum exchange-traded fund proposals, marking the latest move as a potential approval for such a fund could be imminent. Cboe BZX filed amended Form 19b-4s late on Tuesday for the Franklin Ethereum Trust, Fidelity Ethereum Fund, VanEck Ethereum Trust, Invesco Galaxy Ethereum ETF and the ARK 21Shares Ethereum ETF. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 BTC surges 6% to touch $70k as Ethereum ETF rumors cause market frenzy Bitcoin (BTC) surged past the $70,000 mark on May 21, marking a significant milestone driven by a flood of investment into spot Bitcoin exchange-traded funds (ETFs) and a broader market rally. Ethereum (ETH) arguably led the rally over the past couple of hours — experiencing a staggering 14.5% rise within an hour on Monday amid speculation that the US SEC might approve spot Ethereum ETFs. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🚨 Former Solana-based Pump.fun employee arrested after $1.9 million crypto exploit Jarret Dunn, a former employee of Solana-based memecoin launchpad Pump.fun, is currently on bail in the United Kingdom following his recent arrest. Dunn, also known by his online alias “STACCoverflow,” was apprehended shortly after a significant exploit on the crypto launchpad platform. On May 16, Dunn, through the STACCoverflow social media account, admitted to an attack that resulted in approximately $1.9 million in losses for the Solana platform. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🚨 LayerZero identifies over 800K addresses in sybil self-reporting phase LayerZero Labs has officially announced that the sybil self-reporting phase of its solution to address sybil activity, or “airdrop farming,” is over. According to LayerZero, addresses that meet the criteria will receive 15% of their anticipated token allocation, while the remaining 85% will be redistributed to eligible users. Following the review, a total of 803,093 addresses were identified as potential sybil addresses, which will not receive the total token allocation. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🟠 Over 80% of Newly Listed Crypto Assets on Binance Have Declined in Value: Data Over 80% of the newly listed cryptocurrencies on Binance, the world’s largest digital asset exchange by trading volume, have declined in value. In the past six months, these tokens have plunged in value since listing on the exchange, raising concerns for investors seeking out the latest cryptocurrencies. According to a May 17 post by pseudonymous crypto researcher Flow on X, only five of the 31 tokens analyzed have appreciated in value: the meme coin (MEME), the Ordi token (ORDI), Solana-based Jupiter (JUP), Jito (JTO), and Dogwifhat (WIF). Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🏦 Kraken considers delisting USDT in Europe due to MiCA rules Kraken could drop EU support for Tether’s USDT stablecoin, Bloomberg reported on May 17. Kraken Global Head of Regulatory Strategy Marcus Hughes said the company is planning for circumstances in which it is “not tenable to list specific tokens such as USDT.” The EU’s regulatory landscape is set to change when the EU’s Markets in Crypto-Assets (MiCA) guidance comes into effect in July. MiCA will require companies that issue fiat-backed stablecoins, such as Tether, to register as electronic money institutions (EMIs) and meet other requirements. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Bitcoin options traders anticipate short-term price correction, analysts say Despite yesterday's softer U.S. CPI inflation report, investors are still ready to pay a premium for short-term downside protection, according to CF Benchmarks' analysis of Chicago Mercantile Exchange (CME) options on bitcoin futures. The CF Benchmark analysts said that although bitcoin saw a breakout above the $66,000 mark after yesterday's softer inflation print, there is still "higher implied volatility for OTM puts compared to calls.". Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 CME Group plans to launch bitcoin spot trading: FT The Chicago Mercantile Exchange (CME) Group is planning to launch bitcoin spot trading in addition to its existing futures product, according to the Financial Times, which cited sources familiar with the matter. The group has reportedly been conducting discussions with traders who prefer dealing with cryptocurrencies on a regulated platform. The plan has not been finalized, according to the report. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 ShibaSwap 2.0 Goes Live On Shiba Inu’s Layer 2 Blockchain The DEX will feature improvements from the ecosystem’s Ethereum-based app, and expand the utility of the Shibarium blockchain. Per a press release shared with CryptoPotato, ShibaSwap 2.0 will include new features like improved user processes for adding and reducing liquidity, staking and trend analysis. It will also feature discovery charts for new and trending tokens, and foster onboarding for new tokens into the ShibaSwap market. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Robinhood launches Solana staking in Europe plus new customer rewards program Robinhood Crypto has announced it is launching a Solana-staking product in Europe in conjunction with a bonus program for new customers. In Europe, "Robinhood Crypto customers can now stake their Solana holdings directly through the app, allowing them to earn rewards with the flexibility to unstake at any time," the company said in a statement. Additionally, "new customers can earn a 10% bonus on their net buys over their first 30 days on the platform," Robinhood added. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction Activity on the Bitcoin Runes protocol has slowed over the past week, a sign it has failed to generate meaningful traction among users despite a stellar start last month. Runes takes the Ordinals protocol a step further by making transactions even cheaper and faster. Ordinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small Bitcoin-based transactions. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🟠 Binance Kazakhstan Secures ISO Certifications for Security and Privacy Binance Kazakhstan has been awarded the ISO 27001 and ISO 27701 certifications, marking significant recognition for its robust information security and privacy management systems. These certifications, issued by the British Standards Institution after a thorough audit, affirm Binance’s compliance with the highest industry standards. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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⬜️ Founder of dYdX steps down as CEO of firm behind decentralized exchange Antonio Juliano, founder and CEO of dYdX Trading Inc., the developer behind the decentralized derivatives exchange dYdX, has stepped down as CEO, citing personal and professional reasons. “The change wasn’t sudden to the internal team, employees, or stakeholders. It had been in discussion," a spokesperson told The Block. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🚀 Discover the Future with Jack the Goat ($JACK) - A Groundbreaking Meme Coin on Solana! 🌟🐐 Why $JACK? ⚫Thriving Community: Over 1400 active members fueling our explosive rise! @JacksPortal ⚫Colossal Potential: Get in on the ground floor of what experts predict could be a 1000x gem! 💎 ⚫ Vital Stats: Market Cap: $500,000 | Holders: ~500 | Contract: 68eD7fdMVEqKDev9jChsBxtvg45XF2FKsnVRfDTpxCkK How to Get $JACK: 1. Download Phantom Wallet . 2. Purchase $SOL, transfer to your wallet. 3. Swap for $JACK on Jupiter or Raydium. 😀 🔥 Join us now at https://jackthegoat.com and be part of this monumental journey with $JACK! 🚀 #Ad
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💰 Bitcoin ETFs Holding Now Accounts For 4.5% Of The Total Bitcoin Supply According to data from HODL15Capital, as of May 10, Bitcoin exchange-traded funds (ETFs) worldwide collectively held 949,756 Bitcoins. The Bitcoin ETFs holding is constituting 4.5% of the total Bitcoin supply. U.S.-based spot Bitcoin ETFs acquired 1,318 Bitcoins throughout the week, with GBTC experiencing outflows. Glassnode highlighted that Bitcoin reached a pivotal phase three months ahead of Ethereum, with the news surrounding ETFs significantly impacting this acceleration. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 ARK and 21Shares drop staking plans from Ethereum ETF proposal ARK Invest and 21Shares have removed staking plans from their updated spot Ether exchange-traded fund proposal. In the updated filing submitted on Friday, May 10, the clause stating 21Shares would stake a portion of the fund’s assets through third-party providers was removed. It previously said, “Sponsor may, from time to time, stake a portion of the Trust’s assets through one or more trusted Staking Providers.” Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🏦 Coinbase Layer 2 Base Takes This Industry by Storm, Captures 46% of Transactions Coinbase’s Layer 2 network – Base – has witnessed a resurgence of user activity. Franklin Templeton’s latest analysis revealed that Base has received significant traction from SocialFi applications such as Friend.Tech. Additionally, Base has experienced a notable surge in the supply of USDC on its network, surpassing $2.5 billion. This increase coincided with Coinbase’s announcement in December 2023 of free USDC transfers on Base via the Coinbase Wallet, indicating a strategic move to boost Base’s ecosystem and facilitate seamless transactions for users. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🔵 Franklin Templeton claims Coinbase-incubated Ethereum Layer 2 Base has 'hit a homerun' in SocialFi Asset manager and spot bitcoin exchange-traded fund issuer Franklin Templeton said the Coinbase-incubated Ethereum Layer 2 network Base has “hit a home run” in SocialFi, driven by activity on applications such as Friend.Tech. Base accounts for around 46% of all SocialFi transactions, according to a report by Franklin Templeton on Thursday — eating into the market share of Polygon and BNB Chain in the niche. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🇺🇸 Robinhood CEO says Americans should be able to access crypto as it becomes 'more important' Robinhood CEO Vlad Tenev said Wednesday that his firm is taking a stance for customers and that it was "not acceptable" for crypto not to be accessible to Americans. During the same interview, Tenev also noted that his firm met 16 times with the Securities and Exchange Commission before receiving a Wells Notice from the regulator. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Bitcoin mining energy consumption drops to two-month low Bitcoin mining-related energy consumption dropped to a two-month low May 8 as rising power prices squeezed profitability. S&P Global Commodity Insights Bitcoin Energy Consumption Index estimated network energy consumption at 916.89 MWh/bitcoin May 8, or 412.6 GWh for a total of 450 bitcoin mined on the day, the lowest level since March 7, and down from the "post-halving" peak of 1,024 MWh/bitcoin April 20. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🔵 Coinbase’s Layer 2 Base Stands Out as Top Choice for New Capital Layer 2 networks have witnessed massive activity this year, even as their native tokens slumped amidst intense volatility across the broader market. These solutions have witnessed relatively steady activity since the beginning of the year. Over the course of this week, net ETH deposits into the Base have exceeded 6,500 ETH, marking a significant increase, according to the data shared by ITB. On the other hand, its rival Arbitrum saw just half of this figure. Optimism lagged even further behind with only a fifth of the deposits Base received. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 FTX claims rise above 100 cents on the dollar on back of bankruptcy plan FTX claims have risen above 100 cents on the dollar following the estate’s draft recovery plan that estimates the majority of creditors will see a recovery rate of 118%. For instance, crypto bankruptcy site Xclaim shows that FTX claims are now going for between 101% and 112%. “It's absolutely unbelievable,” said Thomas Braziel, a partner at 117 Partners and 507 Capital and an investor in distressed assets. “I mean, Lehman was 141 cents on the dollar, and that took 10 years. This is 142% as the projected high number. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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📣 MoonPay partners with BitPay to streamline crypto transactions The web3 fintech firm MoonPay and the crypto payments platform BitPay have partnered to facilitate easier crypto transactions. According to a social media post from MoonPay, the partnerships aim to make selling crypto faster and easier and streamline how users send crypto to their bank account or debit card. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Hightower Advisors, SouthState Bank disclose investments in spot Bitcoin ETFs Hightower Advisors disclosed a $68 million investment in spot Bitcoin ETFs in a May 6 filing. The 13F filing indicates that the firm holds 709,956 shares of Grayscale’s GBTC worth $44.8 million, 200,084 shares of FBTC worth $12.4 million, 188,397 shares of BlackRock’s IBIT worth $7.6 million, and 23,964 shares of Ark Invest’s ARKB worth $1.7 million. It also disclosed two smaller investments: 25,449 shares of Bitwise’s BITB worth $988,000 and 19,129 shares of Franklin Templeton’s EZBC worth $788,000. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 Ethereum Developers Target Ease of Crypto Wallets With 'EIP-3074' As blockchain teams strive for the holy grail of mainstream adoption, making crypto wallets easier to use is suddenly at the top of the agenda. Ethereum developers have been moving along with their discussions and inclusions of certain Ethereum Improvement Proposals (EIPs) for the blockchain’s next big hard fork, Pectra. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🇺🇸 SEC Slaps Robinhood With Wells Notice Over Securities Law Violations Robinhood Markets Inc. has become the next crypto trading platform to receive a threat of legal action from the Securities and Exchange Commission (SEC), adding to the sizable list of industry giants on the agency’s hit list. Per the SEC’s website, Section 15(a) makes it unlawful for broker-dealers to effect or induce the purchase or sale of securities unless that broker is registered with the SEC. Meanwhile, Section 17A pertains to defrauding customers of their money through material misstatements or omissions. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🇳🇬 Nigeria Weighs Tighter Rules on Crypto Market, Calls Meeting The Nigeria crypto market is drawing scrutiny from the government amid worries over unlawful activities and currency manipulation. The country saw a massive $56.7 billion in crypto transactions between July 2022 and June 2023, according to blockchain analysis firm Chainalysis. According to sources, the government may temporarily prohibit peer-to-peer (P2P) cryptocurrency trading to allow for the development of a comprehensive regulatory framework. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🏦 Coinbase faces copycat class action suit asserting tokens are securities in echo of pending case Coinbase, the largest cryptocurrency exchange in the United States by volume, is facing a fresh lawsuit from customers who say the company's entire business model was illegal from the start, in an echo of a case already faced by the company. In a statement, the company called the claims "legally baseless," writing, "We have full faith in the judicial process and look forward to addressing them in full at the appropriate time." Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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⚪️ Paypal Partnership Allows US-Based Moonpay Users to Buy Crypto With Their Paypal Accounts The digital asset trading platform, Moonpay, announced on May 2 that it had formed a partnership with Paypal. This partnership will allow U.S. users to purchase cryptocurrency using their Paypal accounts. Users of Moonpay can benefit from the security offered by Paypal, a payment provider known for sharing comprehensive financial information about transactions. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🟣 Kraken's Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg The CEO of CF Benchmarks, a unit of cryptocurrency exchange Kraken, predicts that despite an inauspicious beginning, crypto exchange-traded funds (ETFs) in Hong Kong will reach $1 billion in assets under management (AUM) by the end of 2024, Bloomberg reported on Friday. Its AUM in this market totals around $24 billion and it says it represents around around half of the crypto benchmarking market. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 Ethereum on track for best month since February with 30% rise in May Data from Coinglass shows that Ethereum has experienced a remarkable surge in May, rising nearly 30% with a few days remaining. This marks Ethereum’s best monthly performance since February when it jumped 46%. This recovery is significant, especially considering the 17% drop it faced in April. A key factor in May’s rebound is the approval of the Ethereum ETF 19-b filings, which has bolstered investor confidence. Historical data from Coinglass indicates that May is typically Ethereum’s strongest month, with an average gain of 31%. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 '1 Nakamoto of BTC': Michael Saylor Notes Major Bitcoin ETF Milestone Michael Saylor, the head of MicroStrategy and a well-known advocate for Bitcoin, recently highlighted a significant milestone in the cryptocurrency world. According to Saylor, spot Bitcoin ETFs now collectively hold approximately 1 Nakamoto of Bitcoin, a symbolic reference to 1 million BTC. This milestone was reached just over four months after the inception of Bitcoin ETFs on Jan. 10 this year. Thus, more than four months later, the volume of accumulated Bitcoin issuers has exceeded the 1 million BTC mark. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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❄️ TON blockchain’s total value locked surpasses $300 million The total value locked on The Open Network blockchain has crossed $300 million for the first time — an over tenfold increase since early March. The network is seeing locked value surge amid an ongoing ecosystem initiative, The Open League. This is contributing to the surge in TVL by rewarding users of TON’s top decentralized applications. Since the incentive program was rolled out, the network's TVL went from $23 million in early March to the current $315 million, per DeFiLlama data. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Robert Kiyosaki Advises Buying Bitcoin Before Price Explodes — Warns of Bonds Crashing Rich Dad Poor Dad author Robert Kiyosaki has warned investors about the bond market crashing, urging them to invest in “safer real assets,” like bitcoin, before their prices “explode.” He criticizes financial planners for promoting bonds as safe investments, predicting significant losses for investors when AAA bonds and commercial real estate crash. Meanwhile, Kiyosaki expects bitcoin’s price to reach $2.3 million. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Bitcoin miner Marathon partners with Kenya to capitalize on excess energy Marathon Digital Holdings has partnered with Kenya to monetize underutilized energy. Marathon chairman and CEO Fred Thiel signed the agreement with Kenya’s Prime Cabinet Secretary, Hon. Musalia Mudavadi, E.G.H, on May 24. Thiel said the deal will involve Kenya and Marathon “jointly developing technology projects.” Thiel described a partial focus on digital assets, stating that the country has a “special spot in the history of digital currencies” and that Marathon will “play a part in the next phase.” Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 DOGE meme icon Kabosu passes away at 18 Kabosu, the face of dogecoin, passed away in the morning of May 24 at an estimated age of 18, its owner said in a blog post. “Today, Kabosu, our community's shared friend and inspiration, peacefully passed, in the arms of her person,” dogecoin’s official X account wrote on Friday. “The impact this one dog has made across the world is immeasurable.”. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🇺🇸 SEC approves 🪙 Ethereum ETFs, aligning ETH closer to commodity in industry win The US Securities and Exchange Commission (SEC) has approved the first spot Ethereum exchange-traded funds (ETFs), marking a significant milestone for the crypto industry. The decision, announced today, allows asset managers such as Grayscale, Fidelity, and Bitwise to launch ETFs that directly track the price of Ethereum (ETH). Ethereum rose 2% on the news and was trading at $3,900 as of press time, based on CryptoSlate data. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🇺🇸 SEC has started engaging with Ethereum ETF issuers over S-1 forms: Source The U.S. Securities and Exchange Commission has begun discussions around S-1 registration statements with prospective Ethereum ETF issuers, according to a source. “Basically, it's just starting,” said a high-ranking member at an issuer when asked about conversations relating to S-1 forms. “It feels a little like [the Division of Investment Management] was more-or-less caught off-guard by the change of tune. So, just starting.”. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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🟠 Florida court overturns Binance.US suspension order The First District Court of Appeals in Florida has nullified an Emergency Suspension Order (ESO) issued by the Office of Financial Regulation against Binance.US, according to a court filing on May 22. Earlier this year, Florida’s regulator banned Binance.US from serving its residents, citing “immediate danger” to the public as the reason for its decision. The regulator also pointed to Changpeng Zhao’s legal issues, as the founder and former CEO of Binance Holdings pleaded guilty to federal finance charges. Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Ripple CLO calls Gary Gensler 'a struggling liability' as political winds shift Ripple's Chief Legal Officer Stuart Alderoty described U.S. Securities and Exchange Commission Chair Gary Gensler as "a struggling liability" — as the hype surrounding the potential approval of spot ether exchange-traded funds grows. "He thought crypto was an easy target," Alderoty said, adding, "He relished being the guy that everyone loved to hate. He thought he was above Congressional oversight. That's all gone. He's now a struggling political liability." Source 🍰 @AltcoinNews 💰 @BitcoinNews 🔵 @EthereumNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews
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