ETH might pump to $4.5k. Wen $10K tho?

M6 Labs Alpha Bytes 🚨 27th May

Author

M6 Labs
May 27, 2024

GM anon ☕🐺

In today’s Alpha Bytes👇

The cryptocurrency market remained relatively stable over the weekend.  Bitcoin's barely budged in the last 24 hours, just a tiny dip. Ethereum's hanging tight around $3900. But get this, Arthur Cheong from DeFiance Capital is saying ETH might pump to $4500 before those spot Ethereum ETFs drop. Wen $10,000 ETH tho?

BTC $68,426 (-0.82%), ETH $3,900(+2.45%), SOL $167.26 (+2.48%)

Crypto News 📰 

  • Donald Trump vows to free Ross Ulbricht, stop CBDCs, and support self custody in speech to Libertarian convention 

  • ETH Foundation aware and working on policy to address credible neutrality problem 

  • Spot ETH ETFs likely to begin trading by July/August 

  • DTCC lists BlackRock’s spot Ethereum ETF with $ETHA ticker 

  • Court rejects Do Kwon extradition order to South Korea 

  • SEC ETH approval still leaves questions on whether ETH is a security 

  • Uniswap Foundation announces $UNI token holders interested in voting on the fee switch must have their token delegated before Friday, 31st May, to be eligible 

  • Experts say Peer-to-Peer nature of crypto activity renders China’s ban ineffective 

  • Wave of crypto influencers and celeb X accounts hacked 

  • 60% of US crypto investors don’t understand blockchain technology 

  • Deadline looms for Biden to veto Congressional overturn of SEC’s crypto rules 

  • TON blockchain’s TVL crosses $300 million 

  • JasmyCoin emerges as top gainer amid increased whale activity 

  • Bitcoin whitepaper returns to Bitcoin.org after Craig White fails to prove he is Nakamoto 

  • Chainge receives $13 million investment to enhance cross-chain trading 

  • Strike CEO sees Bitcoin at $1M “Its early in the story”

  • ETH team lead says most clients “very aggressively” delete old data 

  • Hong Kong to reportedly test retail digital currency for mortgage pricing 

  • Are traders still making millions on meme coins?

  • Crypto trader GCR alleges bribe at X led to account hack 

  • Litecoin eyes $90 mark 

  • New York AG Letitia James reaffirms strict stance against crypto 

  • ‘CryptoQueen’ accomplice sentenced to six years for Bitcoin money laundering scheme 

  • Aptos hits all-time high in user transactions 

  • ETH price could hit $4.5K before ETF: DeFiance Capital Founder 

  • Argentina aims to learn from El Salvador’s Bitcoin success 

  • EU Commission urged to prepare for blockchain and AI integration 

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