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Check out how high SHIB can spike in the following months (according to some popular analysts).
Rep. Wiley Nickel, a crypto-friendly lawmaker, seemed optimistic that the measure to overturn SAB 121 would pass the Senate this week, noting that it had previously passed the House with bipartisan support. Earlier in the day, Nickel penned a letter to Gensler, calling on him to withdraw SAB 121.
Bitwise CIO Matt Hougan said bitcoin allocations revealed in recent 13F filings with the SEC are just a “down payment.”About six months after an initial allocation, Hougan said he’d expect allocations to rise to 1-5% of professional investor portfolios on average.
Van Buren Capital General Partner Scott Johnsson unearthed an overlooked detail in a March spot Ethereum ETF filing on Tuesday. Analysts suggested the filing showed the SEC is potentially considering ETH a security in likely spot ETF denials this month.
Bitcoin rallied alongside stocks following cooler U.S. inflation data for April.The largest digital asset by market cap increased 3% in the past 24 hours.
MicroStrategy, whose bitcoin holdings are currently valued at $13.5 billion, will be added to the MSCI World Index, effective May 31.The addition follows a surge in the price of MicroStrategy’s stock — which up more than 87% year-to-date.
The ecosystem fund is denominated in Bitget Wallet’s native token, BWB, which is scheduled for debut this quarter.
- 00:59In the past 24 hours, a total of $325 million has been liquidated across the network, with XRP accounting for $33.2455 million of the liquidationsCoinglass data shows that in the past 24 hours, a total of $325 million has been liquidated across the network, with 110,468 people being liquidated. Of this amount, long positions accounted for $107 million and short positions accounted for $219 million. BTC had a liquidation of $73.1963 million, ETH had a liquidation of $66.5948 million, and XRP had a liquidation of $33.2455 million.
- 00:57A trader sold 565,000 VIRTUAL coins half an hour ago, worth 1.73 million US dollarsAccording to Onchain Lens monitoring, about half an hour ago, a trader sold 565,000 VIRTUAL tokens at an average price of $3.07 USD each, in exchange for 1.73 million USDC. This trader received these VIRTUAL tokens from the Distributor wallet a year ago.
- 00:54Canary Capital submits revised S-1 document for Litecoin ETFBloomberg ETF analyst James Seyffart posted on the X platform that Canary Capital's Litecoin ETF has submitted a revised S-1 document, which may indicate that the SEC is paying attention to this application, but it has not yet submitted a 19b-4 document, which is a key step in initiating approval/rejection procedures. Previously, Bloomberg ETF analyst Eric Balchunas said he heard that the S-1 application form for the Litecoin ETF had received a response from the SEC.