Surging Memecoins, Spot ETH ETF Hints, and Political Tokens Shake the Market!

M6 Labs Alpha Bytes 🚨: 31st May

GM anon ☕🐺

In today’s Alpha Bytes👇

Bitcoin memecoins are making waves with a staggering 85% surge in DOG, dispelling fears that Runes are dead. Meanwhile, BlackRock's recent filing hints at a potential spot ETH ETF launch this July. And in a surprising twist, political memecoins are heating up following a historic jury verdict against Trump.

BTC $68,327 (+0.77%), ETH $3,744 (+0.18%), SOL $166.10 (+0.09%)

Crypto News 📰 

  • Bitcoin-based DOG token climbs to 9th largest memecoin at $825.66M market cap. Will this hit a Billion?

  • Biden campaign ramps up crypto industry outreach in surprising tone 'shift'

  • BlackRock files updated S-1 form for its spot Ethereum ETF

  • A16z boosts Crypto's Election Fund by another $25M to seek friendly Congress

  • Mastercard launches 'Crypto Credential,' allowing users to send and receive crypto

  • TON market cap plunges by billions after fixing Inflated Supply Data

  • ‘Final Fantasy’ maker Square Enix moves to Arbitrum for Ethereum game NFTs

  • Aptos integrates Chainlink's CCIP and data feeds to boost decentralized app development

  • Pudgy Penguins mobile game coming to Mythos chain on Polkadot

  • Caitlyn Jenner Solana memecoin crashes after launching ethereum token to support Trump

  • Terraform Labs, Do Kwon reached a ‘settlement in principle’ with US SEC, according to court entry

  • WWSMOT = What would Satoshi make of this

  • Kraken experiences largest outflow with $1.6 billion in Bitcoin transactions

  • Japanese crypto exchange DMM Bitcoin suffers $305m hack

Project Updates 🔥 

Threads 🧵 

Launches 🚀 

Fundraise 💰

That's a wrap for today!

Join our smol research channel to share crypto insights and help us empower the crypto community👇

Join the conversation

or to participate.