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First Mover Americas: BTC, ETH Consolidate Ahead of Ether ETF Decision

The latest price moves in crypto markets in context for May 23, 2024.

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U.S. Bitcoin ETF Holdings Hit New High of More Than 850K Tokens

Grayscale’s GBTC remains the biggest of the funds, with more than $20 billion of bitcoin at current prices, but BlackRock’s IBIT is only a small bit behind.

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Crypto Infrastructure Firm Ramp Network Secures Ireland Registration

The company wants to make Ireland its European headquarters.

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Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms

The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour.

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Gensler Says ‘Stay Tuned’ on U.S. SEC’s Decision on ETH ETF

The SEC faces a Thursday deadline for at least one of the spot ether ETF applications it’s reviewing.

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Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain

Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.

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Bitcoin and Wall Street: Insights from Alex Thorn of Galaxy Digital

The Head of Research at Galaxy Digital, a crypto-focused financial services firm, believes that both Wall Street and corporations will continue to adopt Bitcoin as we move into an age in which it’s normalized.

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White House Eager To Work With Congress On Crypto Framework Bill

The Biden Administration wants to work with Congress to develop regulatory framework for digital assets.

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OP_CAT and the Infinite Nothing

An analysis of the potential risks and externalities that could be created by the activation of OP_CAT.

Crypto News

Ether Has 1 in 5 Chance of Tapping $5K by End-June, DeFi Options Protocol Lyra Says

Traders on Lyra have snapped up ether calls at the $5,000 strike and higher this week.

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