CLARITY Act Support Boosts Electoral Chances
Nearly 52% of US voters support the CLARITY Act, with 47% willing to vote across party lines for candidates backing it. Bipartisan support could yield a 20-point electoral advantage. #Update #Crypto
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Bitcoin Dips Below $80K Amid ETF Inflows
Bitcoin ($BTC) fell to $79,800 after hitting resistance despite over $1 billion in weekly ETF inflows; support levels identified at $76,000-$78,500. #Update #Crypto $BTC
Coinbase Shares Crash on $400M Q1 Loss
Coinbase reported a $400M loss in Q1, with CEO Brian Armstrong emphasizing plans to diversify beyond spot trading amid challenging macro conditions. #Update #Crypto $BTC
Bitcoin Bulls Aim for $115K by December
Bitcoin options indicate bulls are targeting $115,000 by year-end, raising concerns about potential over-optimism among traders. #Update #Crypto $BTC
Binance Faces US Treasury Compliance Demand
@Binance faces scrutiny as the US Treasury demands compliance with a monitoring program linked to a $4.3B settlement, following reports of $1B transactions tied to Iran. #Update #Crypto $BNB
Ethereum Votes to Release $71M Frozen Funds
A proposal to release $71 million in Ether frozen from the Kelp DAO exploit is set to pass, with over 90.5% voting in favor, aiding the recovery of rsETH’s backing. #Update #Crypto $ETH
Bitcoin Strategy Boosts Treasury with New Sales
@MicroStrategy co-founder Michael Saylor indicated potential sales of $BTC to fund dividends, which could impact market prices; the company holds 818,334 BTC. #Update #Crypto $BTC
Polygon Privacy Infrastructure Launches with Panther Protocol
@PantherProtocol has launched its privacy infrastructure on Polygon, enabling “programmable privacy” for DeFi with compliance features. Users can interact confidentially while retaining asset control. #Update #Crypto $MATIC
Crypto Exploit Hits TrustedVolumes for $6.7M
@TrustedVolumes confirmed a $6.7M exploit affecting its infrastructure, with funds split across three Ethereum wallets. @1inch clarified it was not involved, stating no impact on its systems or user funds. #Breaking #Crypto $ETH (-8) ↘
Bitcoin ETF Adds $1B as BTC Surges
Spot Bitcoin ETFs have seen nearly $1 billion in inflows as BTC surpasses $80,000, with total assets under management reaching about $109 billion. #Update #Crypto $BTC
Quantum Attacks Threaten Ownership Proof Systems
@NearOne warns that blockchains may require new ownership verification systems if quantum attacks compromise wallet keys, potentially exposing private assets. #Update #Crypto $NEAR
Ethereum Liquidates Kelp DAO Hacker’s rsETH
Aave Labs has liquidated the Kelp DAO hacker’s remaining rsETH positions, advancing the recovery plan after a $293 million exploit. DeFi United is 10% short of needed ETH for full restoration. #Update #Crypto $AAVE
Bitcoin Launches Regulated Volatility Futures
CME Group plans to launch Bitcoin Volatility futures on June 1, pending regulatory review, allowing investors to trade expected Bitcoin volatility. #Update #Crypto $BTC
Ethereum Price Struggles Below $2400 Resistance
Ether price rallies are consistently capped at $2,400, indicating a likely continuation of this trend in the near future. #Update #Crypto $ETH