🪙 Ether options traders brace for end-of-month volatility around ETF decision deadline

Ether options traders are gearing up for end-of-month volatility due to the strong possibility that the U.S. Securities and Exchange Commission (SEC) will not approve two spot ether ETF filings. According to Wintermute OTC Trader Jake Ostrovskis, the market currently assigns just a 16% chance of these ETFs being approved by the end of May. Ostrovskis added that ether options implied volatility will likely rise towards the end of the month, especially around the time when the SEC is expected to make decisions regarding spot ether ETFs.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

💰 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

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

🪙 MakerDAO founder says fully decentralized 'PureDai' will launch in few years

MakerDAO founder Rune Christensen said a future token, PureDai, will serve as a fully decentralized alternative to its U.S. dollar-pegged stablecoin. Known as PureDai, the stablecoin will operate exclusively on the Ethereum mainnet and use ether and Lido staked ether (stETH) as collateral backing — fully relying on decentralized oracles. It will also have a free-floating peg, meaning the decentralized stablecoin may not be pegged to the dollar.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

💰 Bitcoin power-law model projects $100k value before January 2025

The Bitcoin (BTC) Power-Law Model, coined by Giovanni Santostasi, provides a mathematical description of BTC’s price movements, revealing a power-law distribution on a log-log scale. However, its predictive capabilities for future price movements are limited due to the absence of assumptions about broader markets and external factors. While it is an excellent indicator of BTC’s past growth, its effectiveness in forecasting future price trends is constrained.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

🇳🇬 Nigerian court denies bail to 🏦 Binance executive, intensifying crypto industry tensions

A Nigerian High Court has denied bail to Binance executive Tigran Gambaryan, citing concerns that he might flee the country. The lawyer for the prosecutors, Ekele Iheanacho, firmly opposed Gambaryan’s bail application. He pointed out that the Binance executive recently attempted to obtain a new passport under dubious circumstances, alleging his previous one was stolen.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

🪙 Vitalik Buterin addresses threats to Ethereum's decentralization in new blog post

Vitalik Buterin, co-founder of Ethereum, has responded to criticism levied at the blockchain in a detailed blog post breaking down three issues core to Ethereum's centralization: MEV (miner or maximal extractable value), liquid staking, and the hardware costs of running a solo node. Buterin noted that concerns around Ethereum's design in these three key areas are "widely shared," adding, "They are concerns that I have on many occasions had personally." .

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

🪙 Ether price volatility set to increase in lead-up to this week's ETF decision deadlines, analysts say

Ether's price action could become increasingly volatile ahead of this week's spot exchange-traded fund filing decision deadlines, analysts say. "In the lead-up to the spot ether ETF approval decision deadlines this week, we should expect heightened volatility and cautious market behavior as traders navigate uncertainties," Cobo COO Lily King told The Block.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

🪙 Grayscale removes staking proposal from its spot Ethereum ETF filing

Grayscale Investments dropped its staking proposal in its proposed spot ether exchange-traded fund, according to an amended preliminary proxy statement. In a previous filing, Grayscale had proposed to investors the ability to stake ether through the trust. That language was not in an amendment preliminary proxy statement filed on Tuesday for the Grayscale Ethereum Trust.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

💰 Standard Chartered Predicts Bitcoin Could Hit All-Time High This Weekend

Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), which he believes will significantly enhance the credibility of the cryptocurrency sector.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

💰 Bloomberg analyst predicts Solana ETF delay despite community anticipation

James Seyffart, a Bloomberg ETF analyst, has suggested a potential timeline for the launch of a Solana-based spot exchange-traded fund (ETF). Seyffart indicated that a Solana ETF might be delayed despite growing anticipation within the crypto community following recent discussions surrounding spot Ethereum ETFs. The Bloomberg ETF expert explained that the timeline for a Solana ETF could extend over several years, influenced by the regulatory environment in the United States.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

🇺🇸 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

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

💰 Bitcoin miner Marathon Digital partners with Kenya on renewable energy projects

Bitcoin mining firm Marathon Digital Holdings is partnering with Kenya's Ministry of Energy and Petroleum (MOEP) on several renewable energy projects. Marathon Digital and the MOEP will come up with a series of bitcoin-based renewable energy projects in Kenya. To facilitate that work, the two groups will establish a committee charged with steering the development and implementation of those energy-related projects across the African nation, according to a joint statement.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

💰 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

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

💰 Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total

Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners in two new operations. The ministry, which recently declared that it would disconnect all bitcoin miners due to its high energy consumption, has already confiscated over 17,000 miners from several mining farms.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

🔵 Ether price nears $4,000 as market awaits Ethereum ETFs going live

The price of ether is rallying toward the $4,000 mark just days after eight Ethereum exchange-traded funds (ETFs) were approved and ahead of their pending launches. Ether has risen to its current value of $3,932, up around 3.4% over the last 24 hours, and up 35% over the last fortnite, according to The Block's Price Page. It was last above the $4,000 mark in March.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

🆘 Normie Token Plummets 99% After Smart Contract Exploit

The value of the Normie (NORMIE) token sunk by 99% within three hours after it was victim to a smart contract exploit, which temporarily dropped its market cap from $42 million to $200,000. Following the exploit, the developers of the Base meme coin are in discussions with the individual responsible for the incident to reclaim 90% of the stolen funds. In an on-chain message to Normie’s deployer address on May 26, the hacker offered to return 90% of the stolen NORMIE tokens, stipulating that the remaining 10% be kept as a bug bounty with no reprisals.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar

🪙 Mt Gox Trustee and Mark Karpeles weigh in on the estate moving $9.8 billion of bitcoin

Earlier today, $9.8 billion of bitcoin from multiple wallets associated with Mt Gox was consolidated into a single wallet without prior warning from the Mt Gox Trustee, causing some alarm among creditors. "Under the Rehabilitation Plan, the Rehabilitation Trustee is preparing to make repayment for the portion of cryptocurrency rehabilitation claims to which cryptocurrency is allocated," the Trustee said.

Source

https://www.tg-me.com/CryptoCalendarNews/com.Bitcoin_Crypto_Coin_Calendar