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ETH sees modest gains following Ethereum ETF approvals, notes $80 million in long liquidations
ETH sees modest gains following Ethereum ETF approvals, notes $80 million in long liquidations

Ethereum traded at $3,740 as of 4:00 p.m. ET (20:00 UTC) on May 24, a 1.76% increase in the past day. The trend suggests that spot Ethereum ETF optimism is continuing to buoy ether, which defied the broader crypto market downturn yesterday.

The Block·2024/05/24 21:01
UK court jails woman for laundering $10 million worth of bitcoin tied to alleged $5.6 billion fraud: report
UK court jails woman for laundering $10 million worth of bitcoin tied to alleged $5.6 billion fraud: report

Jian Wen was sentenced to six years and eight months in jail for laundering 150 BTC tied to a $5.6 billion investment fraud.

The Block·2024/05/24 19:37
Dogecoin price pops and drops after Kabosu's death, Elon Musk tweet
Dogecoin price pops and drops after Kabosu's death, Elon Musk tweet

Kabosu, the face of dogecoin, passed away earlier this morning at an estimated age of 18, its owner said.About $2.8 billion worth of doge has been traded over the past 24 hours.

The Block·2024/05/24 18:56
JPMorgan expects spot Ethereum ETFs to begin trading 'well-ahead of November'
JPMorgan expects spot Ethereum ETFs to begin trading 'well-ahead of November'

Trading of spot ETH ETFs is expected to begin well before November, according to JPMorgan analysts.The analysts also shared their view on the crypto FIT 21 bill, saying its chances of passing the Senate are lower.

The Block·2024/05/24 15:13
Flash
  • 06:16
    In the past 40 minutes, 36,000 ETH has been transferred from CEX hot wallet to CEX cold wallet
    PANews reported on February 22nd, according to Lookonchain monitoring, in the past 15 minutes, an additional 36,000 ETH (96.5 million USD) has been transferred from CEX hot wallet to CEX cold wallet.
  • 06:14
    Data: The circulation of USDC has increased by approximately 100 million in the past 7 days
    PANews reported on February 22, according to official data, within the seven days up to February 20, Circle issued approximately 2.1 billion USDC and redeemed about 2 billion USDC, increasing the circulation by about 100 million. The total circulation of USDC is around 56.1 billion, with reserves of approximately $56.4 billion USD; this includes roughly $6.9 billion in cash and an estimated $49.5 billion held in the Circle Reserve Fund.
  • 06:12
    NodeOS Desktop upgrade is coming soon, holding $NC can receive Nodepay reward multiples
    Recently, Nodepay announced the upcoming upgrade of the NodeOS Desktop system. This upgrade will allow users to participate in real-time data retrieval, provide distributed computing power, and train AI models through local devices, significantly increasing Nodepay's ecosystem reward revenue. The official stated that early participants can unlock the "reward multiple" privilege by holding project tokens $NC and locking assets during a specified snapshot period. The specific bonus coefficient has not been disclosed to the public.   According to the announcement, the NodeOS Desktop functional module will be opened in stages. The initial quota is limited and the allowlist mechanism will be used. Users who do not hold $NC will not be able to participate in early testing. The current window period is still open, but the official has not specified the specific snapshot time and technical threshold. In addition, Nodepay emphasized that this upgrade does not involve changes to the token economic model, and the core goal is to expand the actual income of network node contributors.
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