Bitcoin faces critical $70,000 barrier ahead of Ethereum ETF verdict
Bitcoin faces critical $70,000 barrier ahead of Ethereum ETF verdictJapanese Yen milestone signals potential Bitcoin resurgence in global markets.
Happy Thursday!The global crypto market cap is $2.54 trillion, with a 24-hour volume of $113.63 billion. The price of Bitcoin is $68,053.29, and BTC market dominance is 52.7%. The price of Ethereum is $3,814.70, and ETH market dominance is 18.0%. The best-performing sector is Education, which gained 14%. The Crypto Fear & Greed Index is currently Greed (76). 📰 Top News
Bitcoin faces critical $70,000 barrier ahead of Ethereum ETF verdictJapanese Yen milestone signals potential Bitcoin resurgence in global markets. 👀 Metric of The Day
Digital Asset LiquidationsThe digital asset ecosystem experienced liquidations totaling $121 million in the past 4 hours as Bitcoin dropped below $68,000. CryptoQuant warns of Ethereum price correction, volatility if ETF approvals waverApproval delays and high exchange inflows could both impact ETHs price. VanEck intends to be first spot ETH ETF issuer, argues against simultaneous approvalsThe SEC is due to approve or reject the firm's ETF application on May 23. House passes FIT21 crypto bill with majority bipartisan supportThe Senate must vote on the bill at a later date.
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How the SEC’s SAB 121 repeal paves the way for balanced crypto regulationCryptoSlate's latest report dives deep into the practical realities of SAB 121's repeal, examining its implications for the crypto industry and exploring the path forward for regulatory oversight.
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SEC Chair Gensler opposes today’s FIT21 vote yet White House calls no ‘veto’
Wednesday, May 22, 2024
The FIT 21 Act has gathered enormous support from the crypto community and among US lawmakers. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Spot Ethereum ETF approval possible tomorrow keeping BlackRock 10 year approval streak alive
Tuesday, May 21, 2024
Amid SEC's revised filing request, optimism grows for Ethereum ETF approval by week's end. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Dr Wright’s explanations are ‘absurd’ and ‘plainly forged’ Judge states in written judgment
Monday, May 20, 2024
Judge Mellor issued a lengthy 231 page judgment on Dr. Craig Wright's fraud today, categorically refuting his claim to be Satoshi. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Mining for the future: Bitcoin industry trends in the aftermath of the halving
Sunday, May 19, 2024
CryptoSlate's latest market report dives deep into the Hashrate Index Q1 report to determine the current state and future trajectory of Bitcoin mining. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin rallies to $65k, triggering over $120 million in liquidations in 24 hours
Friday, May 17, 2024
US dollar weakness and stable CPI data fuel Bitcoin's rapid climb. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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The strong outflows from spot Ethereum ETFs also contributed to the downward market pressure. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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