Monday May 27, 2024

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Your Weekly Update On All Things Crypto

TL;DR

MACRO NEWS

BlackRock ETH ETF Officially Listed On DTCC Website...

The BlackRock Ethereum ETF, known as $ETHA, has reportedly been listed on the Depository Trust and Clearing Corporation (DTCC), following approval by the United States Securities and Exchange Commission (SEC). The move comes shortly after the SEC approved several spot Ether ETFs.


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Ethereum Dominates Headlines As Bitcoin Dips Below $70K...

It has been a whirlwind week in the crypto realm, with PEPE stealing the spotlight by smashing its previous records multiple times. Meanwhile, Bitcoin (BTC) took us on a rollercoaster ride, dipping below $66,500 only to bounce back and soar past $69,000 in a thrilling overnight surge.


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Polygon CEO Lambasts Meme Coin Critics Despite Rumors Of Manipulation...



The playful and entertaining essence of meme coins often finds inspiration in various sources, including the pets of influential individuals.


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Crypto Legal Clarity Will Be Provided After FIT21 Bill Passes With Two Thirds Majority...


Legislation known as the Financial Innovation and Technology for the 21st Century Act (FIT21) was approved by the U.S. House of Representatives on Monday, offering much-needed legal clarity on the classification, registration, and custody of crypto assets.


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Metaplanet Witnesses Massive Surge In Stock Price...



Metaplanet, a Japan-based investment firm, has witnessed a surge in its stock price by 158% in the past week, making it the top performer among all Japanese stocks.


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Trump Continues To Embrace Crypto As Biden Administration Intensifies Crackdown Efforts...



On May 21st, 2024, the campaign of former US President Donald Trump launched a fundraising page that permits federally permissible donors to contribute using cryptocurrency via Coinbase Commerce. 



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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising May 14 - 20...



It has been an incredible week for companies around the globe in terms of securing funding to fuel their growth and innovation. Here are some of the latest investment highlights between May - 14 - 20.

  

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CONTENT OF THE WEEK

Crypto News: BTC Rally, ETH Recovery, SOL, FTM, USDT & MORE!

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71 Democrats Break Ranks to Vote for Commonsense Crypto Regulation

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Ether falls after SEC approves rule change that would open door for spot ETH ETFs: CNBC Crypto World

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.