BREAKING: 🇺🇸 SEC tells exchanges to update their Ethereum ETF filings on an “accelerated basis” - CoinDesk 🤔

🇺🇸 Bitcoin ETF issuer Grayscale hires Goldman Sachs executive Peter Mintzberg as new CEO.

#Ethereum has a 75% chance of a Spot ETF approval. Ethereum is 20% up already🔥

Altcoin rally soon🚀🚀

🚨What happened in Crypto in the last 12h?🚨

- $ETH spot ETF Deadline
- $AEVO Airdrop staking
- $FTM Rebranding proposal
- $GNO Buyback proposal
- $MEME Farming $MON
- $PYTH Massive unlock
- $XEM + $XYM Merger possibilities
- $FLIP Roadmap & Emissions cut

👇

• The SEC's decision on Spot Ethereum ETFs is due this week, with VanEck's spot ETH ETF final deadline on May 23.

• $AEVO - Aevo has announced Token Airdrops for pre-launch traders and $AEVO stakers. The first two projects in Aevo Airdrops are @SwellProtocol and @ZerolendFinance.

• $ENA - Ethena's USDe stablecoin will be integrated into Bybit as collateral this week.

• $FLIP - Chainflip has announced an emissions cut for FLIP tokens. This change will implement on May 22. An updated roadmap is expected this week.

• $FTM - Fantom has proposed voting for a rebrand to Sonic with a 1:1 migration of $FTM to $S on May 18. The governance vote will end on the 25th.

• $GNO - The Gnosis DAO community has proposed a $30 million buyback of GNO. Voting will end on May 24.

• $MEME - Memeland has announced the MON Protocol $MON launch on @Stakeland. Farming starts on May 20.

• $NOT - Notcoin will launch first campaigns, products and offers on this week.

• $PYTH - $900M worth of $PYTH will be unlocked on May 20. This is 141% of its circulating supply.

• $XEM - NEM's developer @Jaguar062 has hinted at a merger between $XEM and Symbol $XYM.

* * *

Ethereum just flipped two massive companies!

🚨What happened in Crypto in the last 12h?🚨

- ETH ETF Approval 75%
- Binance Reshape Low float/High FDV
- $DMT Sanko Mainnet
- $GALA Exploit for $200M
- $MKR SPK Airdrop
- $SEI V2 Mainnet upgrade
- $ZEUS Muses Upgrade

👇

• Eric Balchunas and James Seyffart (ETF Analysts) have increased the odds of spot Ether ETF approval to 75% from 25%.

• Binance announced plans to "reshape the recent low float/high FDV trend." A few tokensthat would fit Binance criteria are gaining market attention. $FRIEND $DMT $DEGEN $BANANA

• $BB - BounceBit has introduced its roadmap for 2024.

• $BFC - Bifrost has launched the demo of the Bitcoin Relay Protocol, with a secure BTC connection feature planned next.

• $DMT - @SankoGameCorp has announced that the Sanko Mainnet is now live.

• $GALA - Gala Games @Benefactor0101 reported an incident where 600 M $GALA tokens were hacked and 4.4 billion tokens were burned.

• $MKR - MakerDAO will distribute 6.66M SPK tokens monthly to users participating in ETH deposits and DAI borrowing on SparkLend.

• $QUICK - QuickSwap has proposed building a decentralized launchpad with TrustSwap. Voting ends on Friday, May 24.

• $SEI - Sei network has announced the V2 Mainnet Upgrade on May 27.

• $ZEUS - Zeus Network has announced the Muses Upgrade on May 29.

* * *

The ETH-Beta season is coming up. I'll be writing about it soon.

💞Please Like/Retweet to support :)

Thanks for reading!🫡

Join on tamilbtc.com/bingx 6th Anniversary

Bitcoin ETF - APPROVED✔️
Ethereum ETF - SOON

The Ethereum ETF has switched from a 10% likelihood to a 75% chance overnight. If approved, the $ETH Spot ETF makes the following projects worth watching.

2024 ETH-Beta Watchlist:

• $PEPE - New King of Meme
• $PENDLE - Top Bluechip DeFi
• $ENA - Prime Beneficiary of $ETH Rally
• $METIS - Gains from "Low Float/High FDV" Debate
• $ETHFI - Super App for Restaking

• $ALT - Restaked Rollups (RaaS)
• $REZ - Lowcap Restaking Hub
• $MKR - "End Game" (Rebranding/Redenomination)
• $OP - L2 Backed by Coinbase & Base chain
• $ARB - No.1 TVL of Layer 2

• $LDO - Flippening to Restaking (Backed by Paradigm)
• $ETC - PoW Ethereum
• $ENS - Vitalik’s 'Super Important' Shill
• $SSV - Only liquid DVT
• $UNI - Ethereum OG DeFi

$ETH has been lagging in the market since September 2022, showing signs of weakness for nearly two years. Until recently, the ETH/BTC mindshare was near rock bottom.

> Narrative-based trading taps into the collective mindset and emotions of investors. When most market participants agree on a certain outcome, the opposite usually occurs.

The rise of ETH/BTC stemming from the approval of the Ethereum ETF can bring a massive alt season, and ETH-Beta has the highest potential to benefit from this.

Like/RTs always appreciated. Have a great day, everyone🫡

I've analyzed the most shilled coins in past 12 months, and here're my findings

- $BONK recorded the highest growth in the top 20 shilled coins, it did 62.42x but many people avoided taking large positions in memes, so they did miss gains too.

- $SOL is the highest gainer from Blue chip coins, it recorded 7.41x gains in the past 12 months, but majority of the people avoided buying SOL when it was cheap, thanks to FUD created by Youtubers post FTX crash.

- $APE is worst performer with 63.6% loss, apes lost hard here.

- Most of the Youtubers mentioned $MATIC $DOT $ATOM $BNB $LINK $OP as their top picks, most of them underperformed.

- Top 5/10 Token Mindshare Index including SOLANA have given close to 155% ROI in Past 12 months while #btc    did almost close ROI if you decided to HODL in past 12 months.

Methodology: I've used token mindshare data by @_kaitoai to identify the most talked coins on social media in past 12 months.

Happy #Bitcoin    Pizza Day, everyone! 🍕

Happy Bitcoin Pizza Day, everyone!

Today commemorates a significant milestone, marking Bitcoin's evolution from a niche hobby for tech enthusiasts to a widely recognized economic asset.

Share your celebration photos! In comment section #BitcoinPizzaDay

🚨What happened in Crypto in the last 12h?🚨

- $FLOKI $GALA Token Burn
- $XAI Halving
- $ARB Gaming Catalyst Program
- $AEVO + Binance Labs
- $JUP GUM Alliance
- Farcaster + Paradigm + a16z $DEGEN
- Trump accepts crypto $TREMP $TRUMP
- zySync Airdrop

👇

• VanEck spot ETH ETF has been listed on the DTCC under ticker $ETHV.

• $AEVO - Binance Labs announced the investment in Aevo.

• $CRO - Cronos has announced the successful upgrade of its zkEVM Testnet to Tethys. Mainnet launch planned for summer.

• $FLOKI - Floki DAO has planned the burning of 15,246,000,000 $FLOKI tokens on May 22.

• $GALA - Gala team received $20M from a hacker and has proposed the burn of ~5 billion tokens following a security incident.

• $JUP - Jupiter has announced the Giant Unified Market initiative. Team plans to index memecoins, RWAs, stocks, and forex for atomic transactions.

• $UNI - Uniswap Labs has responded to the SEC's Wells notice. The team expects the House to pass a bill tomorrow, granting the CFTC authority over digital asset trading.

• $XAI - XAI has announced the completion of the first $XAI halving event.

• Arbitrum has announced a $200M Gaming Catalyst Program on Tally. On-chain vote planned to initiate in 3 days. $DMT $XAI $MAGIC

• Farcaster raised $150M in a funding round lead by Paradigm, a16z, Standard Crypto. $DEGEN

• Trump's U.S. presidential campaign now accepts donations in SOL, BTC, ETH, and other tokens. $TREMP $TRUMP

• zkSync token airdrop is expected to occur around June 13th. $HOLD

* * *

💞Please Like/Retweet to support :)

Thanks for reading!🫡

[MEXC Kickstarter] Win Free 50,000 USDT Airdrops by Voting Now!

📣[Initial Listing] MEXC Kickstarter - Vote HashPack (PACK) to Win Free 50,000 USDT Airdrops!

⏰Voting Period: 2024-05-21 13:00 to 2024-05-22 12:50 (UTC)

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Hold a minimum of 1,000 MX for 30 consecutive days before 2024-05-20 16:00 (UTC).

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JUST IN: 🇺🇸 SEC approves spot Ethereum ETFs.🚀

BAT analysis:

Price is trading in a narrow range and has been rejected from the resistance area. A move towards the support area is expected, providing an opportunity to open a long position.

Support Area: $0.22-$0.229

Resistance Area: $0.258-$0.266

According to Glassnode, small Bitcoin (BTC) holders, known as "shrimps," who own less than 1 BTC, hold about 7% of the total circulating supply.

This highlights their significant role in the ongoing trend of accumulating BTC.

JUST IN: 🇺🇸 Donald Trump says "I will ensure that the future of crypto and Bitcoin will be made in the USA…I will support the right to self custody to the nations 50 million crypto holders."