Uniswap Foundation announces on-chain voting for a new fee mechanism by May 31. UNI surged 12.31% to $11.29. Proposal aims to implement autonomous fee collection for V3 pools. #crypto #DeFi
Bitcoin advocate Samson Mow warns that politicians’ increasing support for cryptocurrencies could undermine Bitcoin’s principles. @CynthiaMLummis remains a true Bitcoin supporter, emphasizing property rights and self-custody. Trump and Biden show divergent crypto strategies. #Bitcoin #CryptoNews
.@TerraLunaClassi’s Layer 1 team, Genuine Labs, proposes v3.0.1 upgrade with sdk 47, set for June 2, 2024. Community votes 100% in favor. $LUNC stable at $0.0001134, trading volumes down 30%. #CryptoNews #BlockchainUpdate
Elon Musk’s @xAI valued at $18B after securing $6B in funding. Partnering with Oracle for a “Gigafactory of Compute” to build a supercomputer, expanding GPU count to 100,000. #AI #CryptoNews
Blockchain startups raised $258M from May 19-25, led by Farcaster’s $150M Series A, valuing it at $1B. This surge highlights growing investor confidence in decentralized tech. #CryptoNews #BlockchainFunding
In the past week, #XRP surged to an intra-day high of $0.5423 amid regulatory clarity and ETF speculations. With an RSI of 55.48, breaking $0.543 could target $0.595-$0.600. #CryptoNews
Jian Wen sentenced to 6 years for laundering Bitcoin under “Crypto Queen” Yadi Zhang’s scheme. Police seized 61,000 BTC worth $4B. Highlights the need for stricter crypto regulations. #Bitcoin #CryptoCrime
Whale investor reaped $6M from early #Ethereum investments pre-ETF approval, now diversifying $19.75M into LDO, UNI, and AAVE. ETH ecosystem tokens surged 16% in trading volume post-ETF. #CryptoNews
FTX completes the sale of $2.6B in Solana tokens, with Figure Markets purchasing 800,000 SOL for $80M. FTX aims to repay creditors with a $16.3B cash reserve. #CryptoNews #Solana
SHIB has surged 192.80%, while FLOKI and BONK skyrocketed 622% and 8822% this year! ? Coinbase now supports perpetual futures for these meme coins, driving investor confidence and whale accumulations. #CryptoNews #MemeCoins
Bitcoin surged to $69K from $65,860 after SEC’s approval of a spot Ethereum ETF. Analysts predict BTC could hit $100K this year, supported by whale accumulation of $1.4B. #Bitcoin #CryptoNews
BlackRock’s IBIT rapidly approaches @Grayscale’s Bitcoin holdings, with 287,167 BTC vs. Grayscale’s 289,040 BTC. Significant inflows of $182M into IBIT highlight a shift in investor confidence. #Bitcoin #CryptoNews
Meta’s Chief AI Scientist Yann LeCun recently mocked @OpenAI’s equity policies, criticizing restrictive clauses like vesting clawbacks. OpenAI has since revised these policies, but skepticism remains. #CryptoNews #AI
The SEC has approved spot Ethereum ETFs, potentially pushing ETH beyond its $4,900 peak. @Matt_Hougan of Bitwise predicts significant investor inflows, boosting the crypto market’s growth and stability. #Ethereum #CryptoNews
