ethereum
* Asset managers submit revised proposals for Ethereum ETFs to SEC, including VanEck, BlackRock, Grayscale, and Invesco Galaxy Digital. * VanEck's Ethereum fund reveals a 0.20% management fee, putting pressure on competitors like BlackRock. * Fidelity files new S-1 form with SEC for an Ethereum ETF, aiming for a July
ethereum
* Ether and Bitcoin volatility indexes show excitement over upcoming spot ETH ETFs. * Institutions may use spot ETFs for non-directional basis trades, impacting volatility pricing. * Ether's implied volatility exceeds Bitcoin's, but demand for ETH ETFs may be tepid. * Open interest in CME ether futures is significantly lower
ethereum
* ETH MVRV rising faster than BTC MVRV, indicating potential overvaluation. * Ethereum's MVRV up 29.9% in 30 days, reaching 91.43% compared to Bitcoin's 127.41%. * High MVRV suggests potential overvaluation, but ETF trading may support prices. * Analyst predicts Ether to reach $10,000 by end
blockchain
* Venture capitalists raise capital for blockchain startups, with Paradigm and Pantera Capital leading the way. * Tether plans to invest $1 billion in startups focusing on emerging markets, AI, and biotech. * Avail secures $43 million, Mirror World Labs gets $12 million in funding. * Plural Energy raises $2.33 million for onchain
cryptocurrency
* CertiK white-hat hack exposes Kraken's bug allowing users to print money. * Kraken lost nearly $3 million in crypto due to the exploit. * CertiK defends actions, claims Kraken demanded mismatched funds back. * White-hat hacking used to identify vulnerabilities in systems. * Kraken files motion to dismiss SEC lawsuit, denies being
campaign
* Martin Shkreli claims he co-created DJT token with Barron Trump, sparking controversy. * DJT token surged 385% to $0.02516 after unverified report of Trump's involvement. - * PoliFi tokens, including TRUMP and TREMP, down as DJT rises. * Exchanges like Kraken, ByBit, and OKX refuse to list TRUMP for being
altruism
* FTX demands return of $5M used for right-wing events at former hotel. * Property now owned by Lightcone Infrastructure hosts conferences for Silicon Valley supporters. * Guests at recent event included supporters of eugenics and scientific racism. * FTX sent $4.9M to Lightcone, including a $1M deposit not repaid. * FTX filed a
bearish
* Bitcoin whales cash out $1.2 billion in profit over two weeks. * Old whales selling at higher prices, impacting market liquidity. * Whale moves $44 million in Bitcoin after a decade of dormancy. * Market bearish with 6.6% Bitcoin drop and $300 million outflows from ETFs. * Bitcoin whales accumulating coins at
accusation
* CertiK identified a vulnerability in Kraken's system, leading to $3 million in digital assets being withdrawn. * Kraken accused CertiK of extortion, demanding repayment for the funds taken. * CertiK claimed Kraken threatened employees and demanded a mismatched amount of crypto. * Kraken fixed the bug allowing users to inflate their
bitcoin
* Bitcoin exchange reserve hits 3-year low with 2,825,703 BTC left on exchanges. * Low exchange reserves indicate low selling pressure and potential supply shocks. * BlackRock's Bitcoin ETF holds 274,000 BTC, contributing to supply pressure. * $73 billion in Bitcoin held by investment vehicles globally, with $2 billion
ethereum
* The SEC closed its investigation into Consensys, not recommending enforcement action. * Ether price rose after Consensys received letters from the SEC. * Consensys sued the SEC in April over Ethereum's regulatory status. * The SEC approved spot Ether ETFs, indicating ETH as a commodity. * Consensys celebrates the SEC's
airdrop
* ZKsync's ZK token airdrop eligibility checker announced by LayerZero Foundation. * 1.28 million wallets eligible for the airdrop, with distribution details revealed by CEO Bryan Pellegrino. * LayerZero Foundation teased airdrop claim date for 06.20.2024, with 23.8% of total token supply allocated to community and builders.