While Pepe price is increasing with the positive impact of Ethereum ETF news, memecoin Galaxy Fox (GFOX) with a low market capitalization is attracting attention on Ethereum. The crypto market boomed earlier this week on the positive impact of Ethereum ETF news. According to Bloomberg ETF analysts, the probability of spot Ethereum ETF approval has increased from 25% to 75%. 🚀 This news caused a frenzy in the altcoin market, especially for projects built on the Ethereum network. PEPE memecoin price increased due to the positive impact of ETH ETF news. PEPE has surpassed other top meme coins such as SHIB, DOGE and FLOKI today. Ethereum (ETH), Uniswap (UNI), PEPE, Bonk (BONK), and Lido DAO (LDO) all experienced gains of over 20% over a 24-hour period. Memecoin with low market cap on the Ethereum network: Galaxy Fox. GFOX has pumped around 20% today but its market cap is still under $1 million. GFOX's ecosystem includes gaming, staking and token burning features. Galaxy Fox announced the launch of the beta testing phase of the web3 runner game. While PEPE's price rise has been impressive, a cooling period or consolidation cannot be ruled out in the coming days. For those looking to gain exposure to low market cap meme coins on Ethereum, Galaxy Fox offers an interesting option.

Former President Donald Trump and his campaign announced Tuesday that they will begin accepting cryptocurrency donations. This is the first time a major American political party has accepted digital currencies for campaign donations. 🚀

The Trump campaign has introduced a donation page that allows federally permitted donors to donate with any cryptocurrency accepted on the Coinbase platform.

This shows Trump's tendency to accept financial technology and reduce government control over individual financial decision-making. Trump's new stance is a sharp departure from the views of Democratic leaders, who he has said are forming an "anti-crypto army" to restrict individual options.

All donation limits and disclosure requirements for crypto donations must be consistent with Federal Election Commission regulations. Supporters can visit https://www.donaldjtrump.com/crypto to donate.

Jupiter Exchange has launched the Giant Unified Market (GUM) initiative, which aims to unite different types of investments on the Solana blockchain. The GUM Alliance aims to unite investments such as meme coins, real-world assets, stocks and forex into a single market, making trading between them easier and more direct. The alliance consists of leading teams in asset management, liquidity and distribution. It plans to add more investment types to Solana (SOL), ensure sufficient cash flow for the markets to run smoothly, and integrate the markets into the Jupiter platform. #cryptocurrency#blockchain#Solana#GUM

Tether minted $1 billion worth of USDT tokens on the Ethereum blockchain on Tuesday, capitalizing on growing excitement around a possible Ethereum ETF approval. 📈 This isn't the first time Tether has minted tokens amid spot ETF speculation. Ethereum's value rose 15% on Tuesday amid speculation. This increase occurred due to the higher probability of Ethereum ETF approval. This indicates that more funds will flow into ETH and Ethereum coins in particular. However, Deutsche Bank analysts are highlighting Tether's lack of transparency, warning of potentially serious consequences if the USDT stablecoin collapses. This puts the total capitalization at over $160 billion, considering Tether's dominant position in the stablecoin market. Tether's market capitalization exceeds $111 billion, it controls approximately 70% of the stablecoin market.

Uniswap responded to the SEC's Wells Memorandum, calling on the commission to learn from past cases and stay within constitutional limits. 📜 In April, the SEC accused Uniswap Labs of operating an unregistered securities broker and exchange through its Ethereum-based automatic market-making protocol and wallet product. Uniswap questioned the SEC's legal authority and definition of specific DeFi instruments. Uniswap argued that the SEC's planned lawsuit was an overuse of powers given to the agency by Congress. Uniswap's lawyer noted that the SEC is reusing debunked arguments from previous lawsuits against companies like Ripple and Coinbase.

ChatGPT-4o has identified the top crypto pick for 2024 investing between Dogecoin, Shiba Inu, and Rollblock. Dogecoin and Shiba Inu are the industry's most popular memecoins, which have increased their value significantly over the years. However, recently Rollblock (RBLK), a casino-based token, has also gained value and demand. 🎲 Dogecoin is estimated to reach $0.1729 in 2024. It is predicted that Shiba Inu will reach $0.000035. Rollblock, on the other hand, has launched its own fully licensed and operating casino, and this could completely change the online casino landscape. According to ChatGPT-4o, the top crypto pick for 2024 could be Rollblock.

Meme coins continue to rally this week, with some experiencing double-digit gains. 🚀 138 new meme coins were listed on CoinMarketCap in April. Most of this growth came from Ethereum alternatives Solana and Base. Bonk (BONK) is on the rise with a 28% increase. Bonk's success is being used as a model and it is believed that the next big meme coin could be Sealana (SEAL).#Cryptocurrency#MemeCoins

The recent rally in the crypto market has shaken leveraged positions, but short traders have taken the biggest hit. Bitcoin (BTC) gained more than 13% last week, breaking above $70,000 for the first time. Ethereum (ETH) has regained its market cap of $450 billion, rising 30% over the week and may soon test the $4,000 level.😲

The market-wide recovery has increased the total cryptocurrency market cap by more than 7% in 24 hours to $2.7 trillion, according to CoinGecko. Transaction volumes also doubled to $220.5 billion.

As this market volatility rattled investors, on May 21 CoinGlass' liquidation data showed $380.5 million of leveraged positions were wiped out, accounting for $294.3 million of short trades. Ether short positions generated liquidations of $104.9 million, the largest of any crypto asset.

Today's top-performing cryptocurrencies rose as the Ethereum ETF approval probability increased from 25% to 75%. 🚀 Leader PEPE rose 30% to an all-time high of $0.00001271. The second biggest gainer was Lido DAO (LDO), whose trading volume exceeded $505 million, up 483.24%. BONK traded at $0.000034174, up 24.56% in the last 24 hours. Arbitrum (ARB) price increased by 23% in the last 24 hours to $1.21. Finally, Uniswap (UNI) saw a price increase of over 21% on Tuesday, pushing its value to $9.34.

It was stated that DeFi (decentralized finance) is rapidly transforming the financial landscape, but institutional investments are lower than expected. It is stated that this situation is due to the compliance challenges that traditional financial institutions face when considering DeFi investments. 📉 It is emphasized that new identity tools need to be created to overcome these challenges. This could unlock the power of DeFi for institutions and accelerate the transformation of DeFi into a mainstream financial ecosystem.

The crypto market is booming! 🚀 Meme coins Dogecoin and Shiba Inu are making big gains. Dogecoin is up 8.6% today and Shiba Inu is up 7.1%. According to CoinMarketCap data, trading volume of meme coins increased by 100% today. The volume of Dogecoin and Shiba Inu exceeded the industry average, increasing by 126% and 137% respectively. Dogecoin is currently trading at $0.16 and is the tenth largest cryptocurrency with a market cap of $23 billion. Shiba Inu is traded at $0.00002548 and is the second largest meme coin with a market value of $15 billion. However, new projects are also gaining momentum. Dogeverse has raised $15 million and is moving towards a stock market launch. This makes Dogeverse the first multi-chain Doge-themed cryptocurrency. This protects against the risk of user migration between networks while increasing community-building potential.

Customers' money from Gemini's Earn program was frozen for 1.5 years. But it is finally moving towards a solution. On May 17, Judge Sean H. Lane approved Genesis' Chapter 11 bankruptcy plan. This decision will allow the company to return customer funds that have been frozen on the platform since November 2022. The platform is expected to return approximately $3 billion to creditors in cash and crypto assets. According to court documents, Gemini will begin issuing refunds to Earn members by the end of May. 🚀

TrueUSD (TUSD) and Bitci have collaborated to offer various stablecoin campaigns, including one that offers users the opportunity to trade TUSD for free. Turkey's crypto market is growing rapidly; TUSD's trading campaign on the Bitci exchange stands out. Türkiye is the global leader in stablecoin transactions according to GDP. This is an indication of Turkey's dynamic crypto community and the interest and adoption of digital currencies. Bitci is Turkey's fastest growing digital asset exchange. 🚀

With the increasing approval of crypto ETFs, it looks like Solana may be next in line for a spot ETF. Speculation about the approval of a spot Ethereum ETF, a financial instrument that tracks the price of Ethereum (ETH), has not only driven up the price of Ethereum but also highlighted Solana (SOL) as a strong candidate for ETF consideration. Daniel Yan, co-founder of Matrixport, suggested that a strategic ETF investment opportunity is approaching for investors. Yan noted that Solana could offer more earning potential. 📈 Currently, SOL is trading at $176.08.

Although FLOKI and BONK are strong competitors in the memecoin space, the new AI-powered Raboo presale token is ready to surpass them. 🚀 FLOKI's price grew by 15 percent after the upcoming token burning decision. BONK, on ​​the other hand, experienced a 23 percent increase after its listing on Bithumb, Korea's second largest cryptocurrency exchange. However, with its social-fi and AI features, Raboo, FLOKI and BONK are attracting investors. Raboo's pre-sale is currently in phase 3 and the value of the token continues to rise. Experts think Raboo is a good altcoin investment option this year.

Wall Street investors may see this as a good time to buy Bitcoin shares. On Monday, Bitcoin made significant gains, surpassing $71,000. This is the first time Bitcoin has surpassed $70,000 since April. Ethereum (ETH) is up 11.5% to $3.4300, while Solana (SOL) is up 8.2%. This rally supported crypto-related stocks, with Marathon Digital (MARA) up 15%, Bit Digital (BTBT) up 22%, and Coinbase (COIN) up 8.5% at Monday's close. Increased investments in Bitcoin ETFs and institutional adoption create a positive tone for crypto. Bitcoin mining stocks will be on the agenda as BTC demand and price increases.📈

On May 21, 2024, the Avalanche (AVAX) token hit $41.02, a 12% increase according to CoinMarketCap. This increase follows the successful tokenization of Wine Capital Fund by Oasis Pro and is now listed on ATS via Avalanche C-Chain. 📈

While AVAX is far from its 2021 peak of $146.22, it marks a significant achievement. In March 2024, AVAX rose 34% in one week. As of May 21, 2024, AVAX was ranked 11th among top cryptocurrencies with a market cap of over $15.56 billion. So what's next for the Avalanche? Will the cryptocurrency continue to rise or will it rebound quickly? What are the short and long term forecasts for AVAX? Let's examine these questions.

In an interview with Bittrex Global CEO Oliver Linch about Thai regulations for the cryptocurrency industry, it was stated that Thailand's Securities and Exchange Commission (SEC) has tightened its regulatory framework to curb unlicensed crypto activities due to fraud and money laundering concerns. 🚫 The SEC warned investors and the public against using unauthorized digital asset operators that do not receive legal protection. The Commission introduced significant changes aimed at strengthening the digital asset market. However, these movements led it to be believed that the country took a stance against cryptocurrencies. Linch sees these regulatory actions as necessary steps to create a more secure and structured market that will benefit investors and the overall cryptocurrency ecosystem.

The U.S. House of Representatives will vote on the 21st Century for Financial Innovation and Technology Act (H.R. 4763), commonly referred to as FIT21, by the end of this month. 📜 This bill aims to clarify cryptocurrency regulations and create a clear regulatory framework for digital assets. However, although there are some industry concerns and jurisdictional overlaps, this bill is seen as a vital step towards regulatory clarity. FIT21 aims to specify which digital assets fall as securities under SEC regulation and which fall as commodities under CFTC regulation.

The FBI arrested the owner of a dark web drug market by monitoring cryptocurrency transfers. Rui-Siang Lin, a 23-year-old Taiwanese man, was found guilty of running a drug market called 'Incognito Market' for nearly four years. Lin made "millions of dollars in personal profits" during this time. This platform was powered by cryptocurrencies such as Bitcoin and Monero, which allowed users to purchase a variety of drugs such as LSD, MDMA, and Adderall. The FBI obtained Lin's driver's license, an email account and a phone number. Lin also had accounts at cryptocurrency exchanges Binance and Kraken, and these accounts have now been seized by the FBI. Lin has been charged with a number of crimes and faces life imprisonment. 🚨