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On May 6th,2024, the U.S. Securities and Exchange Commission (SEC) announced a delay in its decision regarding the Invesco Galaxy Ethereum Spot ETF. It sets the next deadline on July 5th, 2024 to provide its ruling on the proposed ETF issue.
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One day after the initial airdrop announcement, EigenLayer extends over 100 EIGEN to the qualified wallets. However, these tokens are under various suspicion of their value and traceability.
Both stocks and cryptos rallied at the end of the week, driven by some key factors such as Fed's decison, macro economic data and some stock & crypto's specific news
A remarkable number of over one billion Bitcoin transactions was revealed, signaling a significant achievement of the so-called world's most valuable cryptocurrency.
The Grayscale Bitcoin Trust (GBTC), the largest bitcoin exchange-traded fund (ETF) by assets based in New York, observed a net inflow of new money from investors as the first upsurge since the product first debuted in January.
Explore top cryptocurrency picks for May's bullish market. Stay ahead of the curve and capitalize on May's crypto surge with expert analysis and recommendations.
The TON Foundation made waves in the cryptocurrency realm by orchestrating a substantial airdrop valued at $600K for active NFT traders and holders. This move signifies a notable milestone within the crypto community, underscoring the foundation's journey in the cryptographic sphere.
Federal prosecutors are seeking a three-year sentence for Changpeng Zhao, former Binance CEO, for a money-laundering violation they deem unprecedented. They argue that despite recommendations for a shorter term, the severity of Zhao's actions justifies a harsh punishment.
The SEC's lawsuit against Ripple Labs alleges XRP is an unregistered security, contrasting Ripple's view of it as a decentralized currency. With the SEC seeking a $2 billion fine, Ripple contests, aiming for a $10 million cap. The outcome could reshape cryptocurrency's future.
New York Stock Exchange (NYSE) is considering 24/7 stock trading, following the model of cryptocurrency markets. Gain insight into the market's reaction and ongoing debate over aligning stock trading practices with the evolving financial landscape.
Stocks faced challenges; Nasdaq fell 5.5%. Geopolitical tensions and rising interest rates impacted markets. AI stocks declined. HashKey halted Binance transactions. Tether launched on TON. Binance introduced 'Megadrop.' Bitcoin ETFs experienced outflows.
Explore the impact of Hong Kong's approval of spot Bitcoin and Ethereum ETFs on the cryptocurrency market. Learn how this move boosts accessibility and legitimacy, potentially driving prices upward. Stay informed for smart investments.
Explore last week's market performance, from inflation reports to geopolitical tensions impacting stocks and crypto, for informed decisions.
The week began with strong economic indicators, sparking concerns about potential Fed rate cuts. However, the week ended with a positive jobs report, indicating a robust labor market. Stay updated with the latest movements in stock & crypto market!
This week saw a high record of S&P500, meanwhile cryptos experienced different movements. Some other crucial news for the week ending March 31 will be provided below, for investing consideration.
Last week's stock market surged to record highs. Crypto market faces turbulence. Stay informed on key drivers and trends to make informed decisions.
