Price analysis 5/22: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB
Bitcoin and Ether lead the market higher as bulls show up in force. Which altcoins will follow? Go to Source
Month: May 2024
Binance.US wins appeal to reinstate Florida money services license
Just because you can do something doesn’t mean you should, a state appeal court told the Florida Office of Financial Regulation. Go to Source
Worldcoin Faces Global Scrutiny Over Privacy Violations
The Hong Kong government has ruled that Worldcoin’s operations in the region violate the Privacy Ordinance, leading to an enforcement notice that demands the cessation of its iris scanning activities. Worldcoin has confirmed that it conducted facial and iris scan authentication on 8,302 people in Hong Kong. Worldcoin’s troubles extend beyond Hong Kong. Following similar … Read more
Nasdaq Revises World’s Largest Asset Manager Blackrock’s Spot Ether ETF Proposal
On Wednesday, Nasdaq, the second-largest American stock exchange based in New York City, revised its 19b-4 filing for Blackrock’s spot ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Nasdaq Amends Blackrock’s Ether ETF 19b-4 Filing Following several amended 19b-4 filings by Cboe on Tuesday, Nasdaq has refiled Blackrock’s 19b-4 submission. Blackrock, … Read more
Ethena’s ENA Token Shows Promise Despite Recent Volatility
Ethena’s ENA token has experienced a dynamic week, rising 19% over the past seven days. However, recent market movements have seen GSR Markets, a key market maker for ENA, deposit 5.5 million ENA tokens worth $4.84 million into Gate. This action coincided with a 5.4% drop in ENA’s price over the past 24 hours and … Read more
Prospects of Ethereum ETFs Drive Grayscale Ethereum Trust’s NAV Discount to Lowest Since 2021
On May 21, with the potential approval of several spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), Grayscale’s Ethereum Trust (ETHE) saw its discount to net asset value (NAV) reach its lowest point since 2021. Grayscale Ethereum Trust’s NAV Discount Diminishes to 2021 Levels About a week ago, Grayscale’s Ethereum … Read more
WEF warns CBDCs could be vulnerable to quantum computer attack
“Q-Day” gets closer with every quantum computing breakthrough. Go to Source
Godzilla vs. Kong: SEC faces fierce battle against crypto’s legal firepower
The SEC has decided to take on half the crypto industry at once. That could be a fatal error given the industry’s combined legal firepower. Go to Source
White House Opposes Crypto Bill FIT21 — Offers to Work With Congress on Balanced Framework for Digital Assets
The White House has issued a statement opposing the passage of the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote today. However, the Biden Administration offered to collaborate with Congress to establish a balanced regulatory framework for digital assets. The White House’s statement was preceded by … Read more
Discover the Power of BEFE Coin: Turn $200 into $200,000
After the Bitcoin ETFs led Bitcoin to a victory run toward a new ATH in January 2024, it is likely time for Ethereum to repeat the same feat. The crypto market is almost certain the Ethereum ETFs will be approved this week. This has worked in favor of Ethereum already, with its market cap jumping … Read more