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Prospects of Ethereum ETFs Drive Grayscale Ethereum Trust’s NAV Discount to Lowest Since 2021

On May 21, with the potential approval of several spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), Grayscale’s Ethereum Trust (ETHE) saw its discount to…

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Vitalik Buterin Transfers $295K in Ethereum to Privacy Protocol Railgun

Ethereum co-founder Vitalik Buterin has transferred 79.997 ETH (over $295,000) to the privacy protocol Railgun. Buterin Supports Railgun With $295K Ethereum Transfer According to onchain data, Ethereum co-founder Vitalik Buterin…

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SEC Chair Gensler Opposes Crypto Bill FIT21 Citing Regulatory Loopholes and Increased Risks to Public

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has strongly opposed the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote.…

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South Korea’s Crypto Premium Drops Below 1% as Bitcoin and Ethereum Prices Align Globally

South Korea’s infamous crypto premium has diminished significantly, with bitcoin and ethereum prices now aligning closely with the weighted global averages, albeit with a minor premium. The BTC premium stands…

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Zimbabwean Millionaire Crypto Couple Rescued After Kidnapping by Individuals Posing as Interpol Officers

A Zimbabwean millionaire couple, based in South Africa, has been kidnapped by a gang seeking to profit from their cryptocurrency valued at $13.9 million. The couple, Professor Sheperd Sikhosana and…

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Bitcoin Technical Analysis: BTC Encounters Strong Resistance, Enters Consolidation Mode

As of May 22, 2024, bitcoin is trading at $69,952, navigating a recent intraday range of $69,211 to $71,422. Despite a tumultuous period, bitcoin has shown resilience with an 11.9%…

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The Bitcoin Policy Institute Launches the Peer-to-Peer Rights Fund to Help Defend Samourai Wallet Founders

The Bitcoin Policy Institute, a non-profit organization supporting bitcoin initiatives, has launched the Peer-to-Peer Rights Fund, a project seeking to protect bitcoin’s decentralized nature from regulatory overreach. The fund’s first…

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Peter Schiff Anticipates Outflows From Bitcoin ETFs to Ethereum ETFs Following SEC Approval

Economist and gold bug Peter Schiff has cautioned that the approval of spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could negatively impact spot bitcoin…

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SEC’s Regulatory Overreach Challenged in Court: Motion Filed to Vacate ‘Dealer’ Rule

Crypto Freedom Alliance of Texas and Blockchain Association filed a motion on May 17 to vacate the U.S. Securities and Exchange Commission (SEC)’s new Dealer Rule. The plaintiffs’ counsel argues…

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Trump Campaign Now Accepts Crypto Donations via Coinbase

Former U.S. President and presidential candidate Donald Trump’s campaign now accepts cryptocurrency donations through Coinbase Commerce. The new fundraising page enables federally permissible donors to contribute using any cryptocurrency supported…

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