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U.S. spot bitcoin exchange-traded funds recorded a total daily net inflow of $302.97 million.The largest daily inflow was seen from Fidelity’s FBTC, which drew in $131 million.
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.
- 02:42Market Update May 17: Chainlink collaborates with JP Morgan, LINK price soarsI. Market Dynamics1. BTC is sliding, with altcoins experiencing even larger declines. BTC's dominance has risen to 56%.2. U.S stocks are adjusting, investors maintain an optimistic attitude towards the future market. II. Market Focus1. NOT of Ton ecosystem performed poorly on bn, plummeting from its peak. NOT is fully circulated, with miners holding 80%, and a market value of $800 million.2. The price of oracle machine LINK skyrocketed after reaching a cooperation agreement with JP Morgan Bank.3.The value of public chain FTM increased; it plans to undergo a sonic upgrade in the third quarter and includes developer reward programs among other things.4.STX and ALEX within the BTC ecosystem have plummeted drastically.ALEX private keys were stolen and STX managed by them was dumped by hackers.
- 02:31MANEKI (MANEKI) has increased by 35.52% in the last 24 hours, currently reported at $0.00766Bitget market data shows that MANEKI (MANEKI) has increased by 35.52% in the last 24 hours, currently priced at $0.00766. Public information reveals that recently, MANEKI has been promoting its operations through Google Ads, Youtube, and Tiktok paid advertisements for full media promotion. The main slogan is "soon $MANEKI will be everywhere", which has raised high expectations within the community; Recently with Wall Street traders returning to action, it's driving the overall Meme sector market trend and giving a rebound momentum to MANEKI; In the past 24 hours, MANEKI has risen more than 37%, with trading volume increasing by 200%.
- 02:27Chainlink (LINK) has increased by 12.5% in the last 24 hours, currently priced at $15.67Bitge market data shows that LINK (Chainlink) has increased by 12.5% in the last 24 hours, currently priced at $15.67. Public information reveals that Chainlink recently collaborated with DTCC (Depository Trust and Clearing Corporation), assisting in traditional financial RWA conversion and feeding traditional data onto the blockchain. This will generate a significant business demand for Chainlink, leading to an increase in future demand for LINK. In the past 24 hours, LINK has risen more than 15%, with trading volume increasing by 150%.
