Cryptocurrency market overview | May 22

🔴 Market cap: $2.72 trillion (-0.54%)
🔴 BTC dominance: 50.54% (-1.17%)
⚡️ Fear and Greed Index: 76 (extreme greed)

#BTC $BTC

Asset manager WisdomTree (WT) has received approval from the Financial Conduct Authority (FCA) to list crypto exchange-traded products (ETPs) on the London Stock Exchange (LSE).

-Initial application issued by the UK regulator

#WisdomTree

USDT.D | 4 hourly
A move may come to the purple box. But do not forget that the trend has broken down. BTC trend is up in H4..

#BTC $BTC

💫 Ethereum open positions increased by 30% in 3 days, reaching 11 billion dollars.

#ETHETFS #ETH #ethereum $ETH

💫 While users on the Uniswap exchange increased by 7% in the last 30 days, other DEX platforms lost users.

#uniswap $UNI

📊 On May 21, spot Bitcoin ETFs recorded net inflows of $305.7 million.

BlackRock's IBIT ETF was the ETF with the highest inflow, with $290 million.

Fidelity's Bitcoin ETF recorded an inflow of $25.8 million.

#ETHETFS $ETH

Worldcoin announced that it intends to appeal the HKPC's decision. The company maintains that its data collection methods are lawful and that it is committed to protecting the privacy of Hong Kong citizens.

🗣️Fox Business reporter Eleanor:
Spot Bitcoin ETF issuers CoinSharesCo and ValkyrieFunds will not apply for the ETH spot ETF due to the lack of staking capability.

#ETHETFS #ETH $ETH

🚨According to Etherscan data, GALA team got back 20 million dollars from the hacker.

•It is thought that he will probably use the fund to buy and burn it.

#altcoins #Gala $GALA

🗣️Fed member Waller:

•We need to see a few months of good inflation data before we feel comfortable supporting an easing policy.
•April inflation data show progress towards the 2% target is likely continuing, but progress is modest.
•The economy now appears to be approaching what the Committee expected.
•Data shows that inflation is not accelerating.

#Fed #bitcoin $BTC

🗣️Fox Business reporter Eleanor Terrett:
Issuers/exchanges have until 17:30 today to update their 19b-4 filings. According to Fidelity's update, staking seems unlikely. There is also *some* interaction with S-1s, but it is unknown how significant it is.

#FoxBusiness

🚨Standard Chartered bank announced that Ethereum ETFs could be approved this week and ETH could rise to $8,000 this year.

#ETHETFS #ETH $ETH

Cryptocurrency market overview | 21 May

🟢 Market cap: $2.74 trillion (+8.49%)
🔴 BTC dominance: 51.20% (-1.57%)
⚡️ Fear and Greed Index: 76 (extreme greed)

#BTC $BTC

⚡️ Ethereum's 24-hour trading volume increased by 240%, reaching $37.5 billion.

#ETHETFS #ETH $ETH

📊 On May 20, spot Bitcoin ETFs recorded net inflows of $237.2 million.

Ark Invest's ARKB ETF was the ETF with the highest inflow, with $68.3 million.

BlackRock's Bitcoin ETF recorded an inflow of $66.4 million.

#bitcoin #BTC #ETHETFS $BTC $ETH

🚨 #Gala suffered a $200 Million Hack attack.

$GALA

James Seyffart: However, if we are right and we see these theoretical confirmations later this week. This should mean that S-1 approvals are a matter of 'When', not 'If'...

#ETHETFS $ETH

According to Eric Balchunas, spot Ethereum ETF approval rates have increased to 75%.
However, this rate is specific to VanEck's 19b-4 filing dated May 19, 2024.
S-1 approvals also need to be obtained.
S-1 approvals, and therefore approval of a spot Ethereum ETF, could take weeks or months.

#ETH #ETHETFS $ETH

Eric Balchunas : Probability of SEC green light for Ethereum Spot ETF = 75% (previously 25%) .

Ethereum +10%

#sec #eth $ETH

🚨Bloomberg ETF analysts increased the Ethereum ETF approval probability to 75%.

#ETH #ethereum $ETH