π£ #ETH #ETF Bloomberg analysts: This does not mean they will begin trading tomorrow. This is just 19b-4 approval. Also needs to be an approval on the S-1 documents which is going to take time. Weβre expecting it to take a couple weeks but could take longer.
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π₯³π #ETH VanEck advertises new Ethereum ETF within an hour of SEC approval. cointelegraph.com
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ββ #ETH No, SEC Chairman Gary Gensler and agency commissioners did not vote to approve Ethereum spot ETFs. theblock.com
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π₯ UFC fighter Merab Dvalishvili became an ambassador for the #MANEKI memcoin on the Solana blockchain
π₯³ Blast will be updated for support Blobs on Monday, May 27th.
π΅οΈββοΈ Over the past week, 3 new multi-sig wallets have withdrawn 43.19 million #ENA ($35.68 million) from Gate and Bybit. Unrealized gain of $2.05 million.
π΅οΈββοΈπ³ In the last hour, 3 new wallets withdrew 2.1 million #LDO ($4.7 million) from Binance:
0x2872 brought out 904,900 LDO ($2.03 million) from Binance.
0xf07B brought out 914,961 LDO ($2.05 million) from Binance.
0xccAD brought out 277,949 LDO ($622 thousand) from Binance.
0x2872 brought out 904,900 LDO ($2.03 million) from Binance.
0xf07B brought out 914,961 LDO ($2.05 million) from Binance.
0xccAD brought out 277,949 LDO ($622 thousand) from Binance.
π£ #ZRO CEO LayerZero: The Sybil Hunter can only receive 10% of what the Sybil originally deserved, but if the Sybil would have received 0, the Hunter will also receive 0.
πFigure Markets purchased 784,000 #SOL for $80 million ($102 per token) at auction.
ππ #LISTA Binance presented Lista tokenomics: total supply is 1 billion, 10% allocated to Megadrop, 40% to community binance.com
π¦ The former CEO of Heartland Tri-State Bank pleaded guilty to stealing $47.1 million in customer funds for cryptocurrency purchases, leading to the bank's collapse. news.bitcoin
πβ #BTC C.Q.: The Puell Multiple has entered the Discount range for the first time in a year. This shift follows Bitcoin's recent halving, an event that halves the mining rewards and significantly impacts miners' revenues.
Historically, a drop in the Puell Multiple often precedes significant market movements. Investors might see this as a sign of market adjustment and a potential precursor to a Bitcoin rally, as the market adapts to the new phase of scarcity post-halving.
The Puell Multiple is calculated by dividing the daily mining revenue by the 365-day moving average of that revenue.
Historically, a drop in the Puell Multiple often precedes significant market movements. Investors might see this as a sign of market adjustment and a potential precursor to a Bitcoin rally, as the market adapts to the new phase of scarcity post-halving.
The Puell Multiple is calculated by dividing the daily mining revenue by the 365-day moving average of that revenue.