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- Ethereum ETFs approved! Wen moon?
GM anon ☕🐺
In today’s Alpha Bytes👇
Big news in the crypto space today! The SEC unexpectedly approved spot Ethereum ETFs, catching everyone off guard as most anticipated a rejection. Even with this bombshell news, ETH is down just over 4%, currently trading at $3,706. Bitcoin's feeling the heat too, dropping 3.66% after some profit-taking when it hit $71K on Wednesday. Wild times!
BTC $67,336 (-3.66%), ETH $3,706(-4.28%), SOL $165.78 (-5.38%)
Project Updates 🔥
Cosmos introduces Hydro (bidding/governance platform)
@MerchantMoe_xyz turning on 100% fee sharing next week
@Lista_Dao listing on Binance’s Megadrop
Stargate Finance v2 is coming on May 28
@StarkWareLtd introduces ZKThreads
@Claystack_HQ is shutting down
Horizen Labs announces the launch of zkVerify
DFINITY launches API to enhance blockchain interoperability
Threads🧵
A new article by Ethereum co-founder Vitalik Buterin on how L2s differ from execution sharding
10 rules for crypto marketing and community. A thread by @intern
Ramifications of converting Curve fee distribution to $CRV - @CurveCap
Time to farm smart not hard #29 - @kenodnb
@ipor_io’s mission is to become the credit hub of DeFi - @Chain_eye
Crypto News 📰
SEC approves spot Ethereum ETFs in landmark decision
Grayscale launches trust for $STX and $NEAR
London stock exchange to list crypto ETPs
Coinbase loses Supreme Court dispute over Dogecoin sweepstakes
Hong Kong SFC in talks to allow staking for Ethereum ETF issuers: BBG
Bitcoin, Ether rally cools following US spot Ethereum listing approval
Bitcoin and Ether options worth $2.7 billion set to expire
Notcoin Missions lets you passively earn crypto via Telegram
Analyst says Bitcoin setting a new ATH is only a matter of time
Pantera Capital-backed Ondo Finance hits all-time high
London Exchange loses half of ETF team ahead of crypto launch
Court sides with SEC in case against crypto influencer Ian Balina
SEC’s nod to Ethereum ETF could ring in ETH season if three indicators hold
Algorand slams Bitcoin, Ethereum, and Solana in new ad, community reacts
Lido DAO jumps 10% following Q1 metrics report
Hong Kong’s crypto exchange HashKey announces support for Solana
Worldcoin ‘disappointed’ with Hong Kong ban, says authorities overlooked aspects
US House approves CBDC anti-surveillance bill
Cardano founder says crypto industry does not need Bitcoin anymore
Crypto icon Kabosu, the face of Dogecoin, passes away at 17
Hong Kong crypto exchange folds to regulatory pressure
AI firm Rabbit rejects Coffeezilla’s NFT scam accusation
Binance executive collapses during Nigeria trial for money laundering
Former FTX CEO ends up in Oklahoma prison despite request from judge
Launches 🚀
Fundraise 💰
@zarosfi (DeFi) - $1.8 million seed
@pencilsprotocol (DeFi) $2.1 million seed
@KelpDao (DeFi) - $9 million private token sale led by SCB Limited
@WeatherXM (blockchain service) - $7.7 million Series A led by @FactionVC
That's a wrap for today!
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