Bitcoin Ready To Outperform Gold by at Least Double for Rest of Market Cycle: Glassnode Founders
The founders of crypto analytics platform Glassnode are predicting that Bitcoin (BTC) will vastly outperform gold for the remainder of the current bull cycle. The co-founders of Glassnode, who go by the handle Negentropic on the social media platform X, tell their 63,000 followers that the BTC/gold ratio could more than double in the coming […]
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Ethereum price in ‘bull market’ after spot ETH ETF approvals greenlight rally toward $4K
With the spot ETH ETFs approved, traders are confident that Ethereum price is ready to rally well above $4,000.
Traders continue to push Ether (ETH) price closer to $4,000 on May 27, with the altcoin registering a 3.5% gain for the day.
Data from Cointelegraph Markets Pro and TradingView shows strong performance from Ether which rose from a low of $3,048 on May 20, climbing 27% to reach a 10-week high of $3,964 on May 27.
Ether’s performance over the last seven days has largely been driven by the markets’ anticipation that the spot Ethereum exchange-traded funds (ETFs) in the United States would be approved. Even though ETH displayed a lackluster performance after the approval, the move toward $4,000 is viewed as significant.
Uniswap Foundation discloses $41M balance sheet ahead of crucial fee vote
Uniswap Foundation reveals $41M balance sheet ahead of crucial fee distribution vote, as SEC enforcement threats loom over the protocol’s UNI and LP tokens.
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Spot Ether ETFs are now officially legal in the US: Law Decoded
Spot Ether ETFs might be weeks or months away from debuting on exchanges, as the ETF filers have yet to receive their S-1 SEC registration.
In a second landmark decision this year, the United States Securities and Exchange Commission has given the regulatory green light to spot Ether exchange-traded funds (ETFs) in the country.
The SEC approved the 19b-4 filings from VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy and Bitwise, approving the rule changes allowing spot Ether (ETH) ETFs to be listed and traded on their respective exchanges.
Unlike the spot Bitcoin (BTC) ETFs approved via voting by a five-member committee including SEC Chair Gary Gensler, spot Ether ETFs were approved by the SEC’s Trading and Markets Division.
Former SEC Chair Jay Clayton Says Approval and Trading of Ethereum ETFs Now ‘Inevitable’
Jay Clayton, the former Chair of the U.S. Securities and Exchange Commission (SEC), says it’s inevitable that a spot Ethereum (ETH) exchange-traded fund (ETF) will go live on American stock exchanges. In a new interview on CNBC television, Clayton notes that the SEC has already approved the product itself, and will likely proceed to approving […]
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Injective (INJ), Polygon (MATIC) and One Additional Ethereum-Based Altcoin Flashing Bullish Signals: Analyst
One widely followed crypto analyst thinks three leading altcoins are soon to enter bullish phases. Crypto trader Ali Martinez tells his 62,900 followers on the social media platform X that the decentralized supply chain management platform VeChain (VET) is on the verge of lift-off after a successful retest of a parallel channel. “Like in the previous bull […]
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Donald Trump’s Crypto Holdings Exceed $10,000,000 As TRUMP Memecoin Cycle Ensues: Arkham
Presidential candidate Donald Trump’s crypto holdings passed the $10 million mark early this week, data from blockchain “de-anonymizing” platform Arkham. The former president’s gains were largely driven by the price appreciation of MAGA (TRUMP), a memecoin inspired by Trump himself. At time of publishing, Trump holds $7.1 million worth of TRUMP, $1.83 million worth of […]
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Apu Memecoin Soars, Reaching 11,600 Token Holders with Strong Community Support
PRESS RELEASE. Apu Apustaja, a new memecoin making waves in the industry, has announced impressive support from its rapidly growing community, including over 11,650 coin holders and more than 13,000 Telegram channel members. Leading a revolution in the sector, which sees frog memecoins replacing dog-themed coins. Behind its sudden surge in popularity are a highly […]Donald Trump Promises To Protect the Future of Bitcoin and Crypto in the United States, Says He Supports Right to Self-Custody
Former President Donald Trump is continuing to express his support for the crypto industry, saying that he will protect the right of 50 million Americans to self-custody digital assets. Speaking to his supporters in Washington D.C., the 2024 Republican candidate says that he’s going to “crush” the Biden Administration’s anti-crypto stance. Trump goes on to […]
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Dabba Announces Expansion of 10,000 New Wifi Hotspots in India Through Depin Program
Dabba, a decentralized physical infrastructure network (Depin), has announced it will deploy 10,000 new wifi hotspots globally, aiming to enhance internet accessibility in underserved Indian regions. This expansion coincides with the upcoming token generation event on the Solana blockchain scheduled for July. Dabba’s Depin Initiative Targets India with 10,000 Wifi Hotspots The initiative, dubbed season […]ZachXBT reveals GCR account hack tied to Solana meme coin team
Investigation links GCR hack to the CAT meme coin team’s trades on Hyperliquid, uncovering potential market manipulation.
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Normie Meme Coin Suffers Exploit, Vows to Relaunch After Negotiating Hacker Bounty
Normie, a meme coin launched on Base, suffered an exploit that took its market capitalization from almost $42 million to $1 million. The exploiter sent a message offering to keep 10% of the ETH exploited, and demanding that the remaining 90% and the 600 ETH still present in the wallet of the token developers be […]Ethereum set for bull run, but short-term struggles expected: Kaiko
The SEC’s approval of spot Ethereum ETFs has positively shifted market sentiment and may redefine token regulation in the US.
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Week of Wins in Crypto: PEPE Skyrockets 78%, Ethereum Up 27%
The crypto economy has had a decent week filled with gains as bitcoin rose 2.8% and ethereum jumped by 27% this past week. The week’s biggest leader, however, was pepe (PEPE) which rose 78.5% over the seven-day run. Broad Crypto Market Gains Nearly two dozen crypto assets witnessed double-digit gains this past week with PEPE […]AI Meme Coin Presale WienerAI Raises $3M – Next Crypto to Explode?
A new AI-powered crypto project is turning heads and raking in millions during its presale. Called WienerAI (WAI), this meme coin with a twist has already raised $3 million by combining a hilarious meme design with an advanced crypto trading bot. WienerAI – The AI-Powered Meme Coin with Real Utility WienerAI is a new meme […]Bitcoin ETFs hold over 1 million BTC, approaching 5% of total supply
Bitcoin ETFs, led by Grayscale and BlackRock, have amassed over 1 million BTC, nearing 5% of the total Bitcoin supply.
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Victim who lost $7M in Ethereum re-staking exploit gets funds back
A permit phishing attack appears to have siphoned 1,807 liquid staked Ether from the victim’s wallet address.
An unfortunate victim who lost 1,807 liquid staked Ether (ETH), worth $6.91 million, on May 26 appears to have received a large share of the stolen funds back from scammers.
“Yesterday, the old phishing group Inferno Drainer used the permit offline authorization signature to phishing away nearly US$7 million in ETH re-pledged assets from a user,” wrote Yu Xian, co-founder of blockchain analytics firm SlowMist. “Today, they actually got a refund, which is really rare.”
The same day, Scam Sniffer posted on X that the victim recouped 1,445 Ether, or 80% of the stolen funds, after the scammers allegedly kept a bounty of 20%. Analysts claimed that the wallet address involved in the breach had suffered a permit phishing attack, where a malicious actor generates an authentic off-chain authorization signature for the designated recipient to transfer ERC-20 tokens from a wallet not owned by them.
Football Star Cristiano Ronaldo Seemingly Ignores $1 Billion Lawsuit After Urging Fans to Sign Up Latest NFT Drop
The Portuguese footballer Cristiano Ronaldo has informed his 111 million followers on the social media platform X to prepare for the unveiling of his latest collection of non-fungible tokens (NFTs) on Binance. In a post dated May 24, Ronaldo encouraged his followers who are eager to relive the NFT journey to register for his fourth […]Billionaire Chamath Palihapitiya Says US Economy Already in Quasi-Synthetic Recession – Here’s What He Means
Billionaire venture capitalist Chamath Palihapitiya believes that the US economy is already in the midst of a downturn. In a new episode of the All-In Podcast, Palihapitiya explores why more than half of Americans believe the economy is in a recession even though the GDP rose by 1.6% last quarter. According to Palihapitiya, the negative […]
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Layer 2 rollup Taiko launches on mainnet with Vitalik Buterin proposing inaugural block
Taiko, an Ethereum-based rollup, launches on the mainnet with Vitalik Buterin proposing the inaugural block. The project aims to provide a secure and scalable solution for Ethereum, incorporating a zero-knowledge virtual machine and multi-proof proving system.
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PEPE leaps past MATIC in market cap, registers 79% weekly gains
PEPE’s market cap soars, surpassing MATIC after a 79% weekly gain and reaching a new all-time high amid a meme coin frenzy.
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Pepe memecoin hits record high but risks a brutal 40% crash by June
PEPE’s ongoing trend mirrors the price behavior that happened before a 40% crash in January.
Pepe (PEPE) price rose to a record high on May 27, a surge driven by the recent approval of key Ether (ETH) exchange-traded fund (ETF) filings in the U.S., prompting traders to view Ethereum-based memecoins as high-risk, high-reward opportunities.
PEPE’s price surged by 7.60%, reaching an all-time high of $0.00001725. This marks an impressive 88% increase since the U.S. Securities and Exchange Commission (SEC) approved the Ether ETF filings on May 20.
Other Ethereum-standard memecoins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Mog Coin (MOG), also posted significant gains after the ETF filings approval.
Worldcoin faces bans worldwide amid increasing privacy fears
Regulators across the world are banning Worldcoin, which collects biometric data for a small payment of its native cryptocurrency.
The increasing adoption of Worldcoin, an AI-centric identification project with its own cryptocurrency, is alarming privacy advocates and regulators.
According to the project, over 5 million people have already lined up to stare into a silver sphere the size of a bowling ball and scan their irises.
In addition to receiving online ID verification, users are rewarded 25 WLD, worth about $115.
Ethereum Technical Analysis: Bullish Signals Dominate as Ether Trends Higher
Ethereum’s price on May 27, 2024, stands at $3,908, reflecting a strong upward trend in the recent trading sessions. Ether’s intraday range has been between $3,795 to $3,953 over the past 24 hours. Ethereum Ethereum’s 1-hour chart reveals a steady upward trend starting from May 26, peaking at approximately $3,953. After reaching this peak, the […]Trader nets $2.7M profit in 3 days with Trump-themed MAGA memecoin
The MAGA memecoin has seen drastic price rallies following pro-crypto comments from Republican presidential candidate Donald Trump.
A savvy trader made a $2.7 million profit in just three days on the Donald Trump-themed MAGA (TRUMP) meme token.
The memecoin trader, known as wallet “0x303” spent over $535,000 to buy six billion MAGA tokens on May 25, making an over 505-fold return on his initial investment, according to a May 27 X post by Lookonchain:
The savvy trader’s wallet is made up entirely of MAGA tokens, which are up over 82% in the past 24 hours. The wallet is currently worth over $2.2 million and was worth over $4 million just a few hours ago, around 7:00 am UTC, according to CoinStats data.
ETHDublin Kicking Off This Weekend
PRESS RELEASE. Dublin, Ireland — May 27, 2024 — ETH Ireland, the team behind Ireland’s first web3 hackathon and conference, builds on the success of last year’s event with repeat sponsorship from the Fidelity Center for Applied Technology (FCAT). Throughout the hackathon and conference, there will be eight workshops to support the various bounties available, […]Nomura and GMO Collaborate on Japanese Stablecoin Issuance
Nomura Holdings, a leading global financial services group, has partnered with Laser Digital, its subsidiary focused on digital asset solutions, and GMO Internet Group, a prominent Japanese technology company renowned for its internet infrastructure, online advertising, and fintech services. The collaboration aims to explore the issuance of stablecoins denominated in JPY and USD in Japan. […]Bitcoin Technical Analysis: BTC’s Uptrend Held Back by Strong Resistance at $70K
As of May 27, 2024, bitcoin is trading at $68,457 with a market capitalization of $1.34 trillion. The leading crypto asset has experienced an intraday price range of $68,308 to $69,340 with a 24-hour trade volume of $10.74 billion. Bitcoin The short-term analysis based on BTC’s 1-hour chart reveals a slight downward trend following a […]Whale Spends $24,700,000 on Ethereum Altcoins After SEC Approves Listing of Spot ETH ETF: On-Chain Data
A crypto whale was spotted over the weekend scooping up massive amounts of altcoins from the Ethereum ecosystem following the listing approval spot ETH exchange-traded funds (ETFs) from the U.S. Securities and Exchange Commission (SEC). First reported by blockchain tracking firm Lookonchain, a whale with a series of wallets bought Ethereum just above the $3,000 […]
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Aptos Reaches Milestone, Processes Over 95 Million Daily Transactions
The Aptos blockchain reached a milestone in its history, processing over 95 million in a single day. According to data provided by Artemis, a blockchain statistics platform, the number broke an L1 industry record on May 24, pushed by the tap to earn game Tapos, in which each tap or click constitutes a transaction. Aptos […]