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Check out how high SHIB can spike in the following months (according to some popular analysts).
Rep. Wiley Nickel, a crypto-friendly lawmaker, seemed optimistic that the measure to overturn SAB 121 would pass the Senate this week, noting that it had previously passed the House with bipartisan support. Earlier in the day, Nickel penned a letter to Gensler, calling on him to withdraw SAB 121.
Bitwise CIO Matt Hougan said bitcoin allocations revealed in recent 13F filings with the SEC are just a “down payment.”About six months after an initial allocation, Hougan said he’d expect allocations to rise to 1-5% of professional investor portfolios on average.
Van Buren Capital General Partner Scott Johnsson unearthed an overlooked detail in a March spot Ethereum ETF filing on Tuesday. Analysts suggested the filing showed the SEC is potentially considering ETH a security in likely spot ETF denials this month.
Bitcoin rallied alongside stocks following cooler U.S. inflation data for April.The largest digital asset by market cap increased 3% in the past 24 hours.
MicroStrategy, whose bitcoin holdings are currently valued at $13.5 billion, will be added to the MSCI World Index, effective May 31.The addition follows a surge in the price of MicroStrategy’s stock — which up more than 87% year-to-date.
The ecosystem fund is denominated in Bitget Wallet’s native token, BWB, which is scheduled for debut this quarter.
- 01:53Data: 62% of Bitcoins have not moved for over a year, ARK Investment is bullish on the long-term holding behavior of BitcoinChainCatcher reports, according to the latest data from ARK Investment Management Company, Bitcoin's long-term holding behavior remained strong until the end of 2024. The data shows that 62% of Bitcoin supply has not moved in the past year. Specifically, the proportion held for more than 2 years is 53%, over 3 years is 45%, over 5 years is 30%, over 7 years is 23%, over 10 years is17%, and over15 years is5%. ARK Investments holds a bullish attitude towards this.
- 01:51Jupiter: The airdrop will be available for collection next weekChainCatcher news, Jupiter's official announcement was made on X, the airdrop claim will be open next week. Users need to create their personal profile page in advance. This page will subsequently become the central hub for users to handle any affairs related to Jupiter, from claiming airdrops to future product releases and other community plans.
- 01:50The Bank of Korea unexpectedly maintains the interest rate at 3%, contrary to market expectations of a drop to 2.75%The Bank of Korea unexpectedly maintains the interest rate at 3%, contrary to market expectations of a drop to 2.75%.