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01
🪙 Analysts Bullish on Bitcoin: QCP Capital Foresees New All-Time Highs in June Several analysts and researchers have a positive outlook on bitcoin’s prices for June. This week, QCP Capital observed that their trading desk witnessed a “strong bullish follow-through with significant call buying for June expiries.” This trend in the options market suggests a possible move past the $74,000 level. While ethereum is “lagging,” QCP anticipates it will soon catch up and “possibly even outperform against [bitcoin] when the [ethereum] spot [exchange-traded funds] begin trading.” Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🔵 Coinbase introduces new 'Smart Wallet' to enhance user experience. ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🇺🇸 US spot 💰 bitcoin ETFs see $105 million in daily inflows, extending positive streak to 15 days U.S. spot bitcoin exchange-traded funds recorded their 15th consecutive day of net inflows on Thursday, adding $105.12 million. The 11 ETFs have collectively drawn in over $2.28 billion worth of inflows during the period. The cumulative total net inflows till date stand at $13.96 billion. Fidelity’s FBTC led the inflows with $77 million, according to data from SoSoValue. Bitwise’s BITB recorded net inflows of $14 million, while Ark Invest and 21Shares’ ARKB added $11 million. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🇺🇸 US SEC is ‘bent on choking’ the crypto industry — Coinbase The United States Securities and Exchange Commission (SEC) will continue its regulation-by-enforcement approach to the cryptocurrency industry for as long as it can to satisfy its goal of “choking” the industry, according to crypto exchange Coinbase. “The SEC is serious about the destruction of digital assets,” Coinbase declared in a May 31 filing with the U.S Court of Appeals in its ongoing effort to push the court to force the SEC to begin making fair rules for the crypto industry. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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📊 Ethena's 'synthetic dollar' USDe crosses $3 billion supply just four months after launch Ethena Labs USDe stablecoin, also known as a 'synthetic dollar' which maintains its peg through arbitrage mechanics and a yield-returning cash-and-carry trade, has reached a supply of $3 billion tokens just four months following its public launch in February. Now, it's on track to challenge DAI as the largest algorithmic or decentralized stablecoin, though it'll have to add another $2 billion in supply to get there, according to data from The Block. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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⚪️ Worldcoin Officially Launches in Colombia Worldcoin, the iris-scanning biometric proof-of-personhood project, announced on Thursday the launch of its operations in Colombia. Via social media, the project reported that eye-scanning operations were already available in Bogota and Medellin, for World ID users. Currently, only ten locations with orbs (iris scanning machines) are available, six in Bogota and four in Medellin. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 ARK Invest no longer a partner with 21 Shares for proposed spot Ethereum fund ARK Invest will no longer be a partner with 21Shares for a proposed spot Ethereum fund, according to an amended registration statement filed late Friday. In a newly amended Form S-1, previously named Ark 21Shares Ethereum ETF was changed to 21Shares Core Ethereum ETF. A spokesperson for 21Shares confirmed the change in an emailed statement to The Block. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Vitalik Buterin critiques Bitcoin’s block size war, calls for innovation Vitalik Buterin, co-founder of Ethereum, has provided a detailed reflection on the Bitcoin block size wars, a significant conflict within the Bitcoin community that spanned from 2015 to 2017. This debate centered on whether to increase Bitcoin’s block size limit from 1 MB to accommodate more transactions, thereby reducing fees and enhancing its utility as a payment system. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Babylon secures $70 million to turn Bitcoin into PoS security backbone Babylon, the Bitcoin staking protocol, has successfully closed a $70 million funding round led by Paradigm, with significant contributions from Bullish Capital and Polychain Capital. This pre-launch funding aims to support team growth, research, and development ahead of Babylon’s mainnet launch. The funds will be used to advance Babylon’s scalable staking and restaking features, unlocking value from the idle $1+ trillion Bitcoin ecosystem and positioning Bitcoin as the security backbone of Proof-of-Stake (PoS) systems. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Trump Interested in Using Bitcoin to Solve the US National Debt Problem Former President and Republican Presidential Candidate Donald Trump reportedly inquired about solving the U.S. national debt problem using bitcoin. Audio recorded by the Bitcoin.com News team confirmed that on an X space held on Sunday night, Bitcoin Magazine CEO David Bailey revealed that Trump asked if bitcoin could solve the $35 trillion U.S. national debt problem during their first meeting. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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📣 Mastercard launches P2P crypto network, vanity address system Mastercard is launching a peer-to-peer platform for cryptocurrency users in Europe and Latin America. The Mastercard Crypto Credential network, which is in pilot mode, supports transactions on Bit2Me, Lirium and Mercado Bitcoin exchanges, enabling cross-border payments across the Atlantic, Mastercard said Wednesday in a statement. The P2P platform’s rollout forms part of the payments company's push to leverage digital assets for cross-border payments, a growing payments services sector. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 First-ever Bitcoin mining derivative product goes live on a regulated US exchange Luxor Technology and Bitnomial launched the first fully regulated Bitcoin mining derivative product for trading in the US on May 28. The new product — dubbed Bitcoin Hashrate Futures — aims to increase liquidity and transparency while reducing counterparty risk for market participants. Hashrate Futures, trading under the ticker $HUP, allow miners to hedge their revenue and give investors a new way to access the Bitcoin mining market. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Bitcoin price falls below $68,000 following transfer worth $9.6 billion from Mt. Gox cold wallet The price of bitcoin fell below $68,000 following a significant transfer from a Mt. Gox cold wallet. Early on Tuesday, Mt. Gox appeared to have transferred out bitcoin worth at least $9.6 billion from its cold wallets, according to data from Arkham Intelligence. Bitcoin's price has decreased by over 1.5% in the past 24 hours and was changing hands for $67,818 at 10:17 a.m. ET, according to The Block’s Price Page. The GM 30 Index, representing a selection of the top 30 cryptocurrencies, increased by 1.42% to 145.45 in the same period. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Solana validators approve 100% allocation of priority fees, ending 50/50 burn split Solana validators voted to allocate 100% of priority fees to themselves on May 27, ending the previous 50/50 split between burning fees and rewarding validators. The proposal, known as SIMD-0096, passed with 77% approval. It aims to address perceived flaws in the current system and align incentives for network security and efficiency. Validators such as Everstake, Jito, Helius, Stakehaus, Leapfrog, Bonk, Solend, and Pico.sol supported the change. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 JPMorgan casts doubt on SEC approval for Solana and other crypto ETFs JPMorgan is skeptical about the United States Securities and Exchange Commission approving Solana and other crypto exchange-traded funds now that Ethereum ETFs have been approved. Nikolaos Panigirtzoglou, managing director and global market strategist at JPMorgan, told The Block that the investment bank doubts the SEC will approve such funds given its stance that most cryptocurrencies are securities. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🇭🇰 Worldcoin’s Biometric Data Collection Violates Privacy Laws: Hong Kong’s Regulator The controversial Worldcoin project has faced yet another setback. Hong Kong’s privacy regulator, the Office of the Privacy Commissioner for Personal Data (PCPD), ordered the Worldcoin Foundation to halt all its operations in the region, citing that its practices violate local privacy regulations. After conducting 10 covert inspections at six Worldcoin locations in December 2023 and January 2024, the agency determined that such extensive collection of biometric information was “unnecessary and excessive.” It added that such actions violated the principles of data protection under Hong Kong’s privacy laws. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Donald Trump, once a Bitcoin skeptic, declares support for crypto in Truth Social post Former President and current 2024 leading Republican candidate Donald Trump voiced his clearest support of crypto yet today in a post on Truth Social that he shared shortly before his scheduled appearance at the Libertarian National Convention. "I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry. Our country must be the leader in the field," wrote Trump, except in his characteristic capital letters. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🇭🇰 Hong Kong's spot bitcoin ETFs saw daily outflows, local ether ETFs stable with no new flows Hong Kong’s three spot bitcoin exchange-traded funds recorded a net outflow of 25.63 BTC on Thursday, while the region’s spot ether ETFs reported zero flows. The spot bitcoin ETFs’ outflow was solely contributed by the product managed by China Asset Management, which saw 25.63 BTC flow out of the fund, according to data from SosoValue. As of Thursday, the total net assets of the three spot bitcoin ETFs amounted to $254.74 million. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 ETH 'bucking' crypto market downturn thanks to spot ether ETF excitement, analysts say Ether is the winner among losers in the crypto market downturn, buoyed by excitement for spot ether exchange-traded funds (ETFs). After the Securities and Exchange Commission approved eight spot ether ETFs Thursday, ether traded at $3,815, having increased 2.12% in the past 24 hours as of 5:19 p.m. ET (21:19 UTC). Conversely, bitcoin's price declined 2.35% in the same period to trade at $67,540, according to The Block prices. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🇭🇰 Gate.io affiliate withdraws license application in Hong Kong, winds down local services Gate.HK, crypto exchange Gate.io’s Hong Kong entity, is winding down operations and has withdrawn its crypto trading platform license application in the region. The company said in a statement on Wednesday that it will carry out a “major overhaul” of its current platform and urged users to withdraw their assets by August 28. Gate.HK said that it will stop new user registration and deposit immediately, and plans to delist all tokens — including bitcoin, ether, bitcoin cash, litecoin, solana, polkadot, polygon, uniswap and USDT — on May 28. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 CryptoQuant warns of Ethereum price correction, volatility if ETF approvals waver On-chain analytics firm CryptoQuant warned that ETH prices could fluctuate if pending spot Ethereum ETFs encounter uncertainties. It warned that ETH could undergo a “significant price correction” if the SEC denies ETH ETF applications or delays the approval process. Furthermore, high exchange flows could produce ETH price volatility in the coming days. Amid rumors of pending spot ETH ETF approvals, exchange flows reached 62,000 ETH, the highest since March. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🇭🇰 Hong Kong bans Worldcoin’s data collection over alleged privacy violations Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has prohibited Worldcoin from collecting data in the region due to privacy violation concerns, according to a May 22 notice. The privacy regulator alleged that Worldcoin collected iris and facial images from 8,302 residents using an iris-scanning device. This data collection aimed to verify user identity and generate iris codes in exchange for WLD tokens. Worldcoin has repeatedly affirmed that biometric data is hashed, meaning no images of Iris scans are stored. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 Tether mints $1 billion USDT on Ethereum amid ETF anticipation Stablecoin issuer Tether minted $1 billion USDT tokens on the Ethereum blockchain, capitalizing on a market upswing driven by hopes that the US Securities and Exchange Commission (SEC) might approve a spot ETH ETF for trading this week. Market analysts suggested that Tether’s new minting is a strategic move ahead of a potential market rally triggered by an ETH ETF approval. Ivan Sherbakov, CEO of Cryptorobotics, said this minting “will be used as liquidity to pump the market ahead of ETF news.” Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🚨 Gaming Token Gala Drops Amid Suspect $200M Transfer The native token of crypto gaming project Gala Games (GALA) fell sharply Monday amid fears of a major transfer of over $200 million worth of GALA tokens that traders feared was a hack. On Monday, an unknown party minted 5 billion Gala tokens and proceeded to sell them on decentralized exchange Uniswap, according to blockchain explorers. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🏦 Gemini to return 97% of frozen assets in-kind to Earn users by month’s end Crypto exchange Gemini said its defunct Earn product users will begin receiving approximately 97% of their frozen digital assets by the end of this month. Notably, the exchange’s announcement coincided with news that the failed crypto lender Genesis got Court approval to return around $3 billion of its customers’ assets. Meanwhile, this development marks a significant relief for Earn users, whose assets have been frozen since November 2022 due to the liquidity crisis that hit Genesis, the now-bankrupt crypto lender. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @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 ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🇹🇷 Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country Türkiye has introduced a legislative proposal aimed at reducing the risks of parties transacting with crypto assets in the country. The proposal has been presented to the parliament. The bill, introduced by ruling party chairman Abdullah Güler, includes various regulations regarding crypto assets and will be implemented by the Capital Markets Board (CMB). This proposal establishes important rules regarding crypto service providers and increases the CMB’s supervision over them. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch On Thursday, the spot bitcoin ETFs in Hong Kong experienced net negative outflows of approximately 104.79 BTC, valued at about $6.95 million. There has been little enthusiasm for the Hong Kong spot bitcoin ETFs or the spot ethereum ETFs, as their performances have been minimal. The first trading day was the best, with an inflow of 3,880 BTC, while the next day’s sessions recorded a significantly lower inflow of 173.13 BTC. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🇫🇷 Bybit faces potential legal action in France for regulatory non-compliance France’s Autorité des Marchés Financiers (AMF) has warned French crypto investors that Bybit is not a registered platform in the country, according to a May 16 notice. According to CoinMarketCap data, Bybit is the third-largest crypto exchange by trading volume. The platform was launched in 2017 and holds over $10 billion worth of its users’ assets. Moreover, Bybit has been on the AMF’s blacklist since May 20, 2022, due to its failure to comply with these regulatory standards. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 Bitcoin ETF Flows Surge to Two-Week High as BTC Soared Beyond $66,000 Inflows for spot Bitcoin ETFs in the United States soared to $303 million on May 15 amid a big jump in BTC prices. It is the highest inflow since May 3 as institutional investors pivoted back to bullish in the wake of the US Consumer Price Index (CPI) data on May 15 which met expectations. Fidelity led the pack with its FBTC fund seeing $131 million in inflows for the day, its highest inflow since March 26. Bitwise’s BITB fund also had a solid day with an inflow of $86 million, a figure not beaten since March 4. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Bitcoin rallies to $65,000, triggering over $120 million in liquidations in 24 hours Bitcoin’s recent surge to $65,000, a level last seen on May 6, has sparked significant volatility in the digital assets market. Bitcoin has now seen a roughly 15% rally from the lows of May 1. Coinglass data shows that Bitcoin is now up over 5% on May 15, which has resulted in over $120 million worth of liquidations in the past 24 hours in the digital asset ecosystem. Both long ($54 million) and short positions ($66 million) were affected. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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⚪️ Worldcoin seeks to set 'new standard' in data protection, says it deleted users' iris codes Worldcoin Foundation has released an open-source system that it claims can improve the protection of sensitive information, including the data generated when people sign up for the Worldcoin project. "The system, available now in a Github repository for any organization to use, aims to set a new standard for data protection, including the protection of biometric data," according to a statement. Worldcoin said the new open-sourced system is based on secure multi-party computation. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🚀 Discover the Future with Jack the Goat ($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 sees correlation with equities as Brazil’s 4-month trading volume hits $6 billion Kaiko Research said Bitcoin’s (BTC) correlation with equities is rising, with a 90-day correlation rising to 0.17 last week after hitting a multi-year low of 0.01 in March. Meanwhile, Brazil experienced a significant rise in volume and is outpacing the dollar. Bitcoin’s 90-day correlation with equities rose to 0.17 the week of May 5, above its multi-year low of 0.01 in March, according to the firm’s May 13 research report. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🇺🇸 US senators challenge DOJ’s broad definition of crypto money transmitters Two US lawmakers have opposed the Department of Justice’s (DOJ) attempt to expand the definition of a money-transmitting business. In a May 9 letter to US Attorney General Merrick Garland, Senators Cynthia Lummis and Ron Wyden argued that the DOJ’s broad interpretation could criminalize non-custodial crypto asset software services. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Bernstein argues bitcoin's 'flattish' price action is great for public miners Analysts at research and brokerage firm Bernstein aren’t worried about the “flattish” price action of bitcoin, arguing that it can be great for miners — when economics are driven by competitive hash-rate wars. “Bitcoin price action has been flattish, but we don't fear any major drawdown here,” Gautam Chhugani and Mahika Sapra wrote in a note to clients on Monday. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🚀 Discover the Future with Jack the Goat ($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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🏦 Coinbase can't force the 🇺🇸 SEC to write new rules, SEC argues in new brief The SEC has filed a new form arguing that Coinbase's petition to order the agency to develop a new regulatory system for crypto "from the ground up" should be denied. "The Commission’s determination that the rulemaking Coinbase seeks is currently unwarranted was both reasonable and reasonably explained," the SEC said, in a case before the U.S. Third Circuit Court of Appeals. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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JPMorgan Chase Bitcoin ETF Investment Revealed JPMorgan Chase Bitcoin ETF Investment Revealed JPMorgan Chase, the largest bank in the United States, has unveiled its exposure to spot Bitcoin exchange-traded funds (ETFs) in a recent filing with the Securities and Exchange Commission (SEC). The filing, submitted on May 10, reveals that JPMorgan Chase Bitcoin ETF investments were provided by industry giants such as Grayscale, ProShares, Bitwise, BlackRock, and Fidelity. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🇺🇸 Mark Cuban slams SEC's Gary Gensler, says 'crypto voters will be heard' in the 2024 election Billionaire Mark Cuban responded to former 2024 Republican presidential candidate Donald Trump's courting of crypto in a Friday social media post, claiming that crypto will play a large role in the 2024 election. "If Joe Biden loses, there is a good chance you will be able to thank Gary Gensler and the SEC," Cuban wrote on the social media platform X. "Crypto is a mainstay with younger and independent voters.". Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 Analysts Bullish on Bitcoin: QCP Capital Foresees New All-Time Highs in June Several analysts and researchers have a positive outlook on bitcoin’s prices for June. This week, QCP Capital observed that their trading desk witnessed a “strong bullish follow-through with significant call buying for June expiries.” This trend in the options market suggests a possible move past the $74,000 level. While ethereum is “lagging,” QCP anticipates it will soon catch up and “possibly even outperform against [bitcoin] when the [ethereum] spot [exchange-traded funds] begin trading.” Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🔵 Coinbase introduces new 'Smart Wallet' to enhance user experience. ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🇺🇸 US spot 💰 bitcoin ETFs see $105 million in daily inflows, extending positive streak to 15 days U.S. spot bitcoin exchange-traded funds recorded their 15th consecutive day of net inflows on Thursday, adding $105.12 million. The 11 ETFs have collectively drawn in over $2.28 billion worth of inflows during the period. The cumulative total net inflows till date stand at $13.96 billion. Fidelity’s FBTC led the inflows with $77 million, according to data from SoSoValue. Bitwise’s BITB recorded net inflows of $14 million, while Ark Invest and 21Shares’ ARKB added $11 million. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🇺🇸 US SEC is ‘bent on choking’ the crypto industry — Coinbase The United States Securities and Exchange Commission (SEC) will continue its regulation-by-enforcement approach to the cryptocurrency industry for as long as it can to satisfy its goal of “choking” the industry, according to crypto exchange Coinbase. “The SEC is serious about the destruction of digital assets,” Coinbase declared in a May 31 filing with the U.S Court of Appeals in its ongoing effort to push the court to force the SEC to begin making fair rules for the crypto industry. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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📊 Ethena's 'synthetic dollar' USDe crosses $3 billion supply just four months after launch Ethena Labs USDe stablecoin, also known as a 'synthetic dollar' which maintains its peg through arbitrage mechanics and a yield-returning cash-and-carry trade, has reached a supply of $3 billion tokens just four months following its public launch in February. Now, it's on track to challenge DAI as the largest algorithmic or decentralized stablecoin, though it'll have to add another $2 billion in supply to get there, according to data from The Block. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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⚪️ Worldcoin Officially Launches in Colombia Worldcoin, the iris-scanning biometric proof-of-personhood project, announced on Thursday the launch of its operations in Colombia. Via social media, the project reported that eye-scanning operations were already available in Bogota and Medellin, for World ID users. Currently, only ten locations with orbs (iris scanning machines) are available, six in Bogota and four in Medellin. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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🪙 ARK Invest no longer a partner with 21 Shares for proposed spot Ethereum fund ARK Invest will no longer be a partner with 21Shares for a proposed spot Ethereum fund, according to an amended registration statement filed late Friday. In a newly amended Form S-1, previously named Ark 21Shares Ethereum ETF was changed to 21Shares Core Ethereum ETF. A spokesperson for 21Shares confirmed the change in an emailed statement to The Block. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Vitalik Buterin critiques Bitcoin’s block size war, calls for innovation Vitalik Buterin, co-founder of Ethereum, has provided a detailed reflection on the Bitcoin block size wars, a significant conflict within the Bitcoin community that spanned from 2015 to 2017. This debate centered on whether to increase Bitcoin’s block size limit from 1 MB to accommodate more transactions, thereby reducing fees and enhancing its utility as a payment system. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Babylon secures $70 million to turn Bitcoin into PoS security backbone Babylon, the Bitcoin staking protocol, has successfully closed a $70 million funding round led by Paradigm, with significant contributions from Bullish Capital and Polychain Capital. This pre-launch funding aims to support team growth, research, and development ahead of Babylon’s mainnet launch. The funds will be used to advance Babylon’s scalable staking and restaking features, unlocking value from the idle $1+ trillion Bitcoin ecosystem and positioning Bitcoin as the security backbone of Proof-of-Stake (PoS) systems. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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💰 Trump Interested in Using Bitcoin to Solve the US National Debt Problem Former President and Republican Presidential Candidate Donald Trump reportedly inquired about solving the U.S. national debt problem using bitcoin. Audio recorded by the Bitcoin.com News team confirmed that on an X space held on Sunday night, Bitcoin Magazine CEO David Bailey revealed that Trump asked if bitcoin could solve the $35 trillion U.S. national debt problem during their first meeting. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews
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