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Spot ETH ETFs approved, crypto bill passes US House, and more: Hodler’s Digest, May 19-25

U.S. SEC approves spot Ether ETFs, FIT21 crypto bill goes to the Senate, and Sam Bankman-Fried held in Oklahoma.

Elon Musk reportedly building ‘Gigafactory of Compute’ for AI

Musk recently said he expected xAI to catch up to OpenAI and DeepMind Google by the end of 2024.

Google blames users for wildly inaccurate ‘AI Overview’ outputs

Elon Musk recently said AI would surpass humans by 2025 but Google’s models are so inaccurate they’re being tuned by hand.

Bitcoin white paper returns to Bitcoin.org website

Due to legal constraints, UK-based users still have restricted access to the Bitcoin white paper on the Bitcoin.org website.

Don't jump to conclusions about ETH 'pullbacks' — Traders

Bitcoin's price dropped 15% after spot Bitcoin ETFs started trading, but traders aren't so sure that Ether's price will react the same way.

US ETH ETF approval pressures Korean regulators

Unlike their U.S. counterparts, Korea’s FSC and FSS have been cautious about allowing crypto trading on traditional securities markets.

Ethereum lacks a 'simple one-liner' elevator pitch for boomers — Analysts

While Bitcoin is often marketed as "digital gold," Ethereum hasn't quite found its simple elevator pitch yet, according to crypto analysts.

Nvidia faces 'near zero chance' of beating Bitcoin this decade again — Crypto execs

Technology company Nvidia outperformed Bitcoin over the past decade, but cryptocurrency executives see slim chances of a repeat.

How to train an AI bot to day-trade crypto

Learn the essential steps to create and train your own AI bot for day trading cryptocurrencies and potentially automate your trading decisions.

Marathon Digital enters renewable energy partnership with Kenyan gov’t

Marathon Digital, one of the world’s leading Bitcoin mining operations, announced a collaboration to overhaul Kenya’s renewable energy sector.

BitGo’s $100M suit against Galaxy can proceed — Delaware Supreme Court

After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and Galaxy was “ambiguous.”

Chainlink price hits 6-week high, is $20 LINK the next stop?

LINK’s double-digit rally is backed by increasing network activity and a bullish technical setup.

Crypto Biz: Kraken denies USDT delisting, crypto custody on the rise, and more

This week’s Crypto Biz explores Kraken’s stablecoin plans in Europe, the departure of Grayscale’s CEO, Prometheum’s Ether custody service that treats ETH as a security, and more.

Solana eyes 2025 for Firedancer rollout as DePIN activity surges

With DePIN activity surging, Solana targets Firedancer upgrade to enhance network performance and accommodate growth.

Ethereum Foundation to have conflict of interest policy after EigenLayer crossovers

Executive director Aya Miyaguchi said the foundation’s neutrality can’t depend on culture and individual judgment after researchers take multimillion-dollar roles at EigenLayer.

3 tips for protecting Bitcoin profits amid Ethereum ETF mania

Looking to protect the millions you've made from crypto during the Bitcoin-Ether ETF mania before this bull run comes crashing to an end? Here are a few ideas.

Ethereum's lackluster performance has little to do with spot ETH ETF approval

Ether’s price performance is hindered by stagnant network use, high fees and regulatory uncertainty.

EU says ChatGPT outputs too much false information to comply with rules

While the assessment remains ongoing, OpenAI appears to have made little in the way of progress since 2023.

Uniswap ready to fight for DeFi against SEC, Bitcoin Runes hype fades: Finance Redefined

Transactions attributed to the Runes protocol accounted for over 50% of all Bitcoin transactions between April 20 and 24; however, by May 2, this figure had dropped to 11.1%.

FTX estate offloads the last of its highly discounted Solana tokens

The estate charged with overseeing the FTX bankruptcy has auctioned the last of its highly discounted SOL tokens to Pantera Capital and Figure Markets.

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