As Bitcoin and Ethereum continue to dominate the headlines, a new meme token, Furrever Token, is emerging with potential to disrupt the market. Let’s dive into a comparative analysis of these cryptocurrencies and understand why Furrever Token is gaining attention.
Crypto Analyst Jelle Predicts Bitcoin’s Price Discovery Phase with Volatility: Near-Term Target of $85,000
Jelle, a unmistakable crypto investigator with over 80,000 devotees on the social media stage X, is certain that Bitcoin is approximately to enter a price disclosure stage. Be that as it may, he cautions that this rise might come with critical instability.
Agreeing to Jelle, on the off chance that Bitcoin encounters the anticipated instability, buying the plunges can be useful for financial specialists. In any case, he prompts caution with use. Jelle’s near-term price target for Bitcoin is $85,000.
Actually, the Relative Quality List (RSI) over all timeframes is around 70, showing that Bitcoin may be overbought. The RSI measures later price changes to survey overbought or oversold conditions, with values over 70 considered overbought and underneath 30 considered oversold. This tall RSI recommends a potential rectification or solidification may be on the skyline.
Furthermore, the Moving Normal Merging Dissimilarity (MACD) pointer appears the MACD line over the flag line, a bullish flag demonstrating buyer force.
It’s vital to note that specialized pointers ought to be utilized nearby other investigation strategies and not depended upon only.
Ethereum’s Path to Growth: ETF Approval and Ethereum 2.0 Transition Set to Boost Value and Adoption
With its vigorous environment and progressing move to Ethereum 2.0, Ethereum is set for significant picks up. The expected endorsement of an Ethereum ETF is anticipated to pull in critical capital, comparative to Bitcoin’s later surge. This deluge might lift Ethereum to modern statures, drawing a more extensive run of speculators and setting its part as a foundation of the blockchain industry.
Ethereum’s one of a kind esteem lies in its keen contract capabilities and broad cluster of decentralized applications (dApps). The move to Ethereum 2.0 aims to handle major arrange issues like adaptability and tall exchange expenses by moving from a proof-of-work to a proof-of-stake agreement component. This update is anticipated to boost Ethereum’s execution, making it more proficient and maintainable over time.

Furrever Token: Embrace the Charm and Profit Potential with a 25% Bonus Offer
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The extend has as of now raised over $1.2 million in about three months and is within the ninth stage of its presale, with a target of $1.9 million. The token’s current price is $0.000732, and it’s accessible only on furrevertoken.com. This eliteness, combined with the 25% bonus, makes a sense of urgency—act presently some time recently when the offer closes and the token’s esteem surges up to 15X post-launch.
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Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Chair Gary Gensler of the US Securities and Exchange Commission (SEC) has suggested that the final authorizations for asset managers to provide Ethereum exchange-traded funds (ETFs) for immediate purchase and sale on exchanges could experience a delay.
Gensler said that the SEC may be delaying the approval of spot Ether ETFs, maybe because the commission is taking its time to approve S-1 registration statements.
Although the SEC authorized the 19b-4 files of many entities on May 23, the process of listing and trading ETFs on US exchanges may experience significant delays of several months owing to final certifications.
Gensler also said that crypto enterprises were engaging in illicit practices in relation to traditional exchanges, implying that the SEC’s position on regulatory measures would remain unaltered.
The US SEC has been confronted with legal actions from prominent cryptocurrency exchanges Kraken, Ripple, and Binance.
Additionally, a judge in Utah imposed a fine of $1.8 million on the SEC for engaging in “bad faith conduct” during court proceedings, which resulted in the shutdown of one of its regional offices.
Last week, a federal court ordered the SEC to pay Debt Box $1.8 million in legal expenses. The US SEC filed a lawsuit against Debt Box in July 2023, setting off a rocky relationship.

The substantial airdrop of the new memecoin TROG has contributed significantly to the surge in the value of former President Donald Trump’s crypto portfolio, which now stands at more than $33 million.
It was stated by Arkham that Trump’s portfolio worth increased by a factor of two when he was given half of the supply of TROG, a meme currency with a frog motif. There are 210.345 billion TROG in Trump’s possession, and it is valued at $19.9 million, making it his most valuable asset.
Additionally, he is the owner of 579.29 thousand Maga (TRUMP) tokens, which are valued at $7.75 million. Next on his list of assets are Ether (ETH) of $1.79 million and Wrapped ETH (WETH) of $1.42 million. Other assets that he has include MAGA Hat, MAGA Coin, Conan, and MAGA Vice President.
In terms of total TROG, Trump is the greatest holder, while the second-highest holder has 7.23 billion TROG, which is valued at $450,000. As a result of the top 10 investors controlling 66.72% of the supply of TROG, concerns have been raised over concentration.
The campaign of Donald Trump accepts contributions in Bitcoin and Ethereum via Coinbase Commerce and has pledged to support cryptocurrency if he is elected.
A week ago, Former US President Donald Trump once again supported the crypto business, pledging to defend users’ self-custody rights and stop a central bank digital currency. If re-elected, he promised to pardon Silk Road founder Ross Ulbricht.

FTX crypto exchange is now liquidating assets in order to reimburse previous clients, which includes the sale of its remaining interests in the artificial intelligence firm, Anthropic.
A total of 15 million shares were sold at a price of $30 per share, resulting in a revenue of more than $452 million. G Squared, a venture capital company, purchased about one-third of the shares for $135 million. Additional purchasers included Fund FG-BLU as well as many hedge funds and financial organizations.
The aggregate revenue generated from the sale of Anthropic shares amounts to $1.3 billion. In 2021, the exchange and its sister firm, Alameda, made an initial investment of $500 million to acquire an 8% interest in Anthropic. This investment proved to be profitable as the value of these shares climbed, resulting in FTX making over $800 million in earnings.
In addition, the estate has been divesting other assets, such as real estate holdings that were acquired by FTX prior to its bankruptcy. An expert in bankruptcy said that the bankruptcy processes of FTX exchange have incurred expenses over $700 million, including both legal and administrative expenditures that have accrued since the collapse of the exchange.
Alvarez & Marsal, a consulting company, invoiced a total of $212 million for the services it provided, while FTX’s legal counsel submitted a bill amounting to $202 million. CEO John Ray has invoiced the estate a total of $5.6 million since the commencement of the bankruptcy proceedings.
Following the fall of FTX, the estate has been methodically liquidating assets, which include interests in technology businesses, real estate properties, and other investments made by FTX prior to filing for bankruptcy. The liquidators strive to optimize the value obtained from these transactions in order to overcome the financial deficit.
The continuing liquidation process highlights the intricate difficulties encountered by the FTX bankruptcy estate, as it grapples with the task of adequately compensating creditors and handling the substantial expenses associated with the proceedings.
Last month, FTX exchange investors announced they were willing to drop their case against Sam Bankman-Fried provided he assists in legal proceedings against celebrities who endorsed the exchange.

Polygon’s stablecoin has skyrocketed in value in three months. Messari’s latest statistics shows the Ethereum Layer 2 stablecoin’s market valuation at $1.5 billion. This is up 19% over the previous quarter.
Messari found that Tether’s market value rose 29% QoQ to $792 million, consolidating its status as Polygon’s largest stablecoin. This made up 53% of the network’s stablecoin market value.
Significant Changes
Several major advancements have boosted Polygon stablecoin usage in recent years. Sony Bank started testing stablecoins on the Polygon blockchain in April to provide a settlement option for Sony Group digital items including video games.
In addition, Belgian IT firm Settlemint plans to establish a stablecoin utilizing Polygon, highlighting the growing relevance of Layer 2 in the stablecoin ecosystem.
And Polygon’s game business had a great first quarter of 2024. The number of daily active Messari gaming addresses increased 1,615% quarter-over-quarter to 207,000.
Polygon’s daily gaming transactions rose 469% QoQ to 734,000. Massively successful MATR1X FIRE game was the main cause of this spike in gaming activity.
Last week, Tether’s Holepunch-powered peer-to-peer (P2P) financial markets terminal said it will eliminate middlemen and transform financial market data. According to CEO Paolo Ardoino, the corporation will spend heavily in this endeavor to make a difference. However, product details are still missing.

Ethena Labs’ USDe stablecoin, sometimes referred to as a ‘synthetic dollar’, has achieved a supply of $3 billion after a just four months of its public debut.
Since its launch in February, the stablecoin has seen significant expansion, with its token value approaching $3 billion.
This rise may be attributed to its distinctive arbitrage mechanisms and the cash-and-carry transaction, which generates profits. USDe’s supply has climbed by $1 billion since April 5, compared to its prior top of $2 billion.
The stablecoin is now competing with DAI as the foremost algorithmic or decentralized stablecoin, but it must increase its supply by an additional $2 billion in order to accomplish this objective.
At now, USDe occupies the fourth position in the stablecoin industry, accounting for 3.3% of the market share, while Tether maintains its dominance with a significant 57% share.
The USDe stablecoin distinguishes itself from other stablecoins by its distinctive features, including a cash-and-carry transaction and the distribution of staking money to token holders.
In order to outperform DAI and other rivals, USDe needs maintain its expansion and maybe implement more functionalities to entice a larger user base.
Ethena Labs’ objective is to develop a dependable artificial currency, known as a synthetic dollar, that can be used on different DeFi platforms.
The swift acceptance of this currency indicates a robust demand in the industry. As the USDe currency grows, it has the potential to compete with well-established stablecoins such as DAI and Tether.
Last week, PayPal has chosen to include its PayPal USD stablecoin (PYUSD) onto the Solana blockchain due to Solana’s exceptional transaction speed and minimal costs.

The Shiba Inu team has issued a cautionary notice on the increasing instances of fraudulent activities specifically aimed at the Shibarium platform.
Digarch, a prominent person in the Shiba Inu community, stressed the need of exercising utmost care. DaVinci, another member of the Shiba Inu team, provided a comprehensive account of the latest strategies used by scammers, including the deceptive promotion of tokens that falsely assert connections with Shiba developers and the future of Shibarium.
These scammers manipulate the Shiba State and Canine code and use the official Shiba website, shib.io, to establish trustworthiness.
DaVinci emphasized the need of being watchful and making well-informed choices, noting that any tokens purporting to be affiliated with Shibarium are fraudulent.
The team is now engaged in efforts to expose and prevent frauds, urging community members to refrain from participating in such fraudulent activities.
DaVinci stressed the need of thoroughly assessing initiatives and cautioned against unquestioningly adhering to influencers in the Shibarium environment.
In addition, he cautioned against leaders who demonstrate a pattern of failure in one project and then start another, urging the community to exercise responsible investment in crypto.
Last month, Kabosu, the Shiba Inu behind Dogecoin and the Dog meme, died quietly, causing a massive crypto community response.

Mastercard has implemented the Crypto Credential functionality, which allows customers to transmit and receive bitcoins using uncomplicated aliases rather than intricate blockchain addresses.
The peer-to-peer (P2P) functionality is now accessible on many cryptocurrency exchanges, such as Bit2Me and Lirium. Mastercard’s Crypto Credential simplifies blockchain transactions by authenticating user identities and assuring interoperability between digital assets and recipient wallets. Additionally, it facilitates the transfer of Travel Rule data to ensure transparency and deter illicit activity.
According to Mastercard’s criteria, users are authenticated and assigned a pseudonym for transactions. Prior to continuing, the system verifies the compatibility of the recipient’s alias and wallet, and promptly notifies the sender of any potential concerns to avoid any financial loss.
The service is now accessible on exchanges like as Bit2Me, Lirium, and Mercado Bitcoin, and will soon be available on Foxbit and Lulubit.
Users residing in Argentina, Brazil, France, and Spain now have the ability to conduct both domestic and international payments in several currencies, spanning across numerous blockchain networks.
Mastercard intends to extend this functionality to more than seven million customers on partner exchanges in the near future, showcasing its dedication to enhancing the use and accessibility of cryptocurrencies.
Mastercard’s Crypto Credential is indicative of a broader pattern in which conventional financial institutions are integrating blockchain technology and cryptocurrencies into their offerings.
Mastercard is actively supporting the use of cryptocurrencies worldwide by streamlining transactions, improving security measures, and fostering transparency. As a result, the future of digital banking is very bright.
Note that Mastercard also developed an Ethereum-based app store for regulated financial apps a few months back.

PayPal has chosen to include its PayPal USD stablecoin (PYUSD) onto the Solana blockchain due to Solana’s exceptional transaction speed and minimal costs.
This statement refers to the successful implementation of PYUSD on the Ethereum blockchain and its subsequent integration into PayPal’s Venmo service.
Solana has a transaction processing capacity of about 1,423 transactions per second (tps), which is much higher than Ethereum’s range of 12 to 15 tps. Jose Fernandez da Ponte, the Senior Vice President for blockchain at PayPal, highlighted Solana’s exceptional transaction volume characteristics, which make it very well-suited for retail payments.
The Solana memecoin market has had a significant increase, driven by the popularity of currencies like as Slerf, Boom of Meme, Snap, and Dogwifhat, resulting in a rise in decentralized exchange activity. This growth is in line with PayPal’s strategy to broaden the reach of PYUSD into untapped regions.
While PYUSD is mostly used on cryptocurrency exchanges and in decentralized finance, PayPal intends to broaden its application to include retail payments and developing markets in Latin America, Southeast Asia, and Africa. Diversifying into these sectors would enhance the practicality of PYUSD in day-to-day transactions.
In February 2023, PayPal encountered regulatory attention and temporarily halted its stablecoin initiatives. Additionally, in November 2022, the company received a subpoena from the Securities and Exchange Commission (SEC). Nevertheless, the corporation is actively collaborating with the SEC to resolve any apprehensions.
PayPal maintains its confidence in the reliability of Solana, notwithstanding the reported network difficulties. The firm guarantees consumers the ability to transition to Ethereum if necessary.
PayPal’s decision to incorporate PYUSD into several blockchains is a deliberate step aimed at enhancing flexibility and durability.
Last month, the PayPal‘s Blockchain Research Group proposed giving sustainable energy miners more Bitcoin to decrease Bitcoin mining’s environmental effect.

The cryptocurrency market is experiencing a correction, with many major coins experiencing price drops. Telegram-based Notcoin (NOT) is bucking the trend, surging an impressive 43% after a week of inactivity and airdrop.
The 150% rally began on May 24th and lasted until May 28th. Since then, it faces resistance at the $0.0099 level.
Notcoin, a cryptocurrency, has experienced a 30% increase in its market cap to $1.25 billion in the last 24 hours, largely due to its play-to-earn Web3 game hosted on Telegram.
The game allows users to convert their in-game currency to NOT tokens, attracting a large portion of Telegram’s user base.
A recent price increase has triggered a wave of short liquidations, with over $5.90 million in short positions being liquidated in the last 24 hours.
Notcoin’s innovative “Earning Missions” feature allows users to passively earn NOT tokens by engaging with other projects and communities.
Users can also increase their rewards by staking their NOT holdings, with higher tiers offering substantial returns. This combination of earning opportunities makes Notcoin a competitive proposition for both new and existing investors.

On June 4, the Volatility Shares 2x Ether ETF (ETHU) begins trading, a huge cryptocurrency event. A year after a leveraged bitcoin ETF was approved, this will be the first leveraged ether (ETH) ETF in the U.S.
Chief Investment Officer Stuart Barton is thrilled about this debut at Volatility Shares. This clearance may lead to spot ether ETFs, according to Barton. For experienced traders mindful of the hazards, this new ETF doubles ether’s daily performance.
A lot has happened leading up to this launch. First leveraged bitcoin ETF created a year ago set a precedent. The Volatility Shares 2x Bitcoin fund launched in June 2023 following a lengthy regulatory procedure. The SEC allowed spot bitcoin ETFs seven months later.
The SEC’s leveraged ether ETF clearance illustrates its rising cryptocurrency investing acceptability. Barton told CoinDesk this choice shows crypto maturity. New crypto products may be coming after the SEC permitted spot fund registrations.
The Volatility Shares 2x Ether ETF leverages ether exposure for twice the daily performance. This product is for experienced investors who understand leveraged trading’s risks and benefits.
This debut coincides with rising bitcoin interest. Institutional and ordinary investors seek market investments. Spot and leveraged ETFs connect conventional and digital finance.
Volatility Shares has navigated regulation to develop and satisfy investors. Barton expects this ETF’s clearance will allow spot ether ETFs in the future.
The SEC’s evolution on crypto ETFs shows a greater acceptance and regulation of digital assets. More investment products may emerge as regulation improves, providing investors more possibilities to diversify and participate in the bitcoin market’s development.

A federal court ordered the SEC to pay Debt Box $1.8 million in legal expenses. The SEC filed a lawsuit against Debt Box in July 2023, setting off a rocky relationship.
The SEC charged Debt Box with regulatory violations in July 2023. The presiding judge swiftly criticized the SEC’s strategy. The court criticized the SEC’s treatment of the temporary restraining order in March. The debt box was managed by a court receiver and assets were frozen.
Two SEC lawyers heading the investigation quit in April, worsening the issue. The Utah court called the case “marred by false statements and misrepresentations.” The judge’s harsh criticism highlighted the SEC’s court declarations’ errors and dishonesty.
December saw the SEC acknowledge to making false claims during hearings. The government said it “fell short” of judicial accuracy and honesty standards. This disclosure exposed major SEC weaknesses and cast doubt on its integrity.
Judge orders SEC to pay $1.8 million in legal expenses, a large penalty. It pays Debt Box for legal fees and stresses legal truth and honesty. This decision is part of a larger legal push to hold regulators responsible.
This verdict affects the SEC greatly. The agency that enforces securities regulations and market integrity is hurt. The resignations of two top lawyers and the admission of lies show internal concerns must be addressed to regain public confidence.
Debt Box wins monetarily and reputationally with the judge’s ruling. The SEC can learn from this case. The agency should analyze and perhaps alter its practices to avoid future blunders.

Despite market volatility, OpenSea CEO Devin Finzer remains optimistic about NFTs. Finzer told BeInCrypto that digital assets are growing, trends are evolving, and new collaborations are underway.
Due to rising gaming and physically supported NFT demand, Finzer said NFTs are not declining. OpenSea has worked with Courtyard on Pokémon card initiatives and Parallel and Revolving Games. “We see emerging use cases popping up on OpenSea all the time,” he added.
OpenSea prioritizes gaming user experience. To boost user engagement, the business launched engaging game trailers and a new redeemables standard. “Video should highlight gameplay,” Finzer said.
Recent crypto market advancements have made NFT transactions more interesting and affordable. Finzer feels these innovations are necessary to attract new consumers. The redesigned OpenSea onboarding process streamlines wallet setup and fiat payments. Create an account with your email now.
Finzer lauded Parallel, a Web3 game pioneer, for their ambitious undertakings. Utility-backed NFTs are important to industry development, he says. “We need more collections with real-world utility,” said.
Finzer remains hopeful despite NFT market turbulence. He wants to maintain OpenSea at the forefront of NFT by providing new features and possibilities. “We’ll evolve the marketplace to better merchandise the utility behind an NFT,” he said.
Four months ago, the security breach at Ledger Connect has sent shockwaves through the community, with many NFT enthusiasts worried about potential losses. The incident has had an impact on users such as Muro, an OpenSea user who suffered a $50,000 financial setback and lost some NFTs.

A recent bank audit revealed a $127 million whale transaction involving over 240 million XRP. Whale Alert, a blockchain monitoring service, said that Coincheck, a major Japanese cryptocurrency exchange, transferred the transaction to an unknown wallet.
Blockchain data show the transaction occurred at 07:13 UTC today. Incredibly, the identical recipient wallet was engaged in another large transfer days before.
On Monday, Crypto Basic revealed that Coincheck sent 250,000,000 coins worth $129,015,796 to the same wallet address. This continuous trend of high-volume transfers to the destination address has drawn bitcoin community attention.
The recipient wallet was enabled by Coincheck in February 2024. Since then, the Japanese exchange has sent substantial XRP transactions to the address.
Records show that Coincheck owns the wallet, suggesting in-house transactions. Since activation, the wallet has only sent 300K XRP, raising suspicions about its purpose and the cash’ destination. The wallet has 602 million XRP tokens.
The latest whale purchase occurs during a market lull as XRP struggles to sustain its position above $0.53. Over the last 24 hours, XRP has dropped 1.95% to $0.5248. In the previous 24 hours, XRP trading volume dropped 30.05% to $1,128,713,764.

Kabosu, the Shiba Inu behind Dogecoin and the Doge meme, died quietly, causing a massive crypto community response.
Kabosu, the Shiba Inu that inspired Doge and Dogecoin, died quietly Friday. Kabosu died in her sleep, providing millions of people pleasure and influencing online culture, according to her owner, Atsuko Sato.
Kabosu, a rescue dog, was famed for her expression. Her viral picture inspired Dogecoin (DOGE), a joke that became a popular cryptocurrency in 2013, influencing additional tokens including Shiba Inu (SHIB) and Floki.
Sato described Kabosu’s last hours on May 24. May 24, Kabochan died in a deep sleep at 7:50 AM. She drank water and ate last night.
She died peacefully while being touched by me on a lovely morning with birds chirping “Sato wrote. This heartwarming story has affected many beyond crypto.
Kabosu’s death drew varied market reactions. Some applaud the Dogecoin spike as an homage, while others condemn trading on a pet’s death. Kabosu’s impact on internet culture and cryptocurrencies is tremendous.
Kabosu’s legacy transcends memes. She showed the pleasure and love rescue animals provide as a rescue dog. Her prominence promoted animal adoption and Dogecoin and other crypto. Kabosu’s death touches the crypto community, but she also gave pleasure.
This event has increased Dogecoin and Kabosu-themed meme currencies. Kabosu’s experience highlights how online culture and finance may intersect unexpectedly.

The US Securities and Exchange Commission (SEC) has accepted Ethereum Exchange-Traded Fund (ETF) applications from some of the world’s leading asset managers, a milestone for ETH and the crypto industry.
The SEC’s filing approves all eight Ethereum ETF applications. Major financial institutions BlackRock, Grayscale, Bitwise, VanEck, Ark Invest, 21Shares, Invesco Galaxy, Fidelity, and Franklin Templeton submitted these.
These recommendations fulfill Exchange Act Section 6(b)(5) standards to prevent fraud and manipulation, protect investors, and defend public interest, according to the SEC.
Prior to the 30-day notice period, permission was granted. Recent filing modifications clarified and reassured. The SEC’s fast clearance shows its confidence in the plans’ regulatory compliance.
The SEC’s decision expands institutional and retail Ethereum investing options and implies a change in cryptocurrency regulation.
The clearance may affect the SEC’s categorization of Ethereum as a commodity, which was vital to Bitcoin ETF certification earlier this year.
US SEC Chair Gary Gensler says Bitcoin is a commodity under the Howey test, but many experts think it needs upgrading for better crypto regulation.
Institutional investment in Ethereum may increase with SEC permission, stabilizing and accepting the market. It may also encourage other regulatory authorities globally to standardize crypto legislation. This might lead to new cryptocurrency financial products, giving investors additional alternatives.
The SEC’s action advances crypto mainstreaming. Ethereum ETFs should increase market liquidity and transparency, making Ethereum trading simpler for investors. This shows the necessity of legislative certainty in securing and dependable digital asset markets.