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Price analysis 5/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

The spot Ether ETFs approval by the SEC has failed to start a rally in Ether and Bitcoin, but this could change after a few weeks.

Coinbase, SEC spar over investment definition in appeal attempt

The SEC is evading the real issue, and the court was wrong to take its side, Coinbase claims in a defense of its interlocutory appeal.

Investigation finds FTX bankruptcy lawyer didn’t conspire with exchange

An independent probe found that Sullivan & Cromwell was not complicit in the now-defunct exchange’s fraud.

Elon says AI will ‘do everything better than you,’ make employment obsolete

Despite having fathered at least 10 children, Musk also seems to think humans will struggle to find meaning in their lives without employment.

Do Kwon’s extradition to go back to Montenegro High Court after appeal

Since his arrest in March 2023, Do Kwon has been in Montenegro. He could be extradited to either his native South Korea or the United States to face fraud charges.

Hashing It Out: Navigating the next wave of Web3 with Avail’s Anurag Arjun

On the latest episode of Hashing It Out, Avail’s co-founder explains the need to unify multiple networks in the Web3 space, not just ideologically but through innovation.

Ripple taking ‘cheap shots’ at Tether, says Samson Mow

Ripple CEO Brad Garlinghouse stands accused of spreading fear, uncertainty and doubt about Tether.

Bitcoin RSI copies 2017 bull run as trader says $75K key for BTC price

Bitcoin could be preparing its "main breakout" if RSI traits follow the run-up to old $20,000 highs from late 2017.

UAE agriculture authority prohibits crypto mining on farms: Report

Those caught mining crypto on farms face fines of up to 10,000 dirhams, or about $2,722.

EU Council reaches agreement on supercomputer use for AI development

EU Council agrees on regulation to expand EuroHPC’s supercomputing role, adding AI factories to boost Europe’s AI ecosystem and support startups.

Ether ETFs will ‘destroy ethos of crypto,’ says DeFi exec

The Ether ETF approval in the U.S. has sparked investor excitement and a decentralization debate.

CatCoin demands BitForex resolve token withdrawals, hints at lawsuit

The CatCoin team urged BitForex to respond to its grievances via a designated email address, marking a last-ditch effort before potentially escalating the matter further.

Can stablecoins save US freelancers from Venmo fee hike? Industry weighs in

According to Dan Romero, as Venmo introduces higher fees, stablecoins could emerge as a potential lifeline for 1099 workers.

Hong Kong crypto exchange folds to regulatory pressure

Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses.

Spot Ether ETFs approved, but Gary Gensler didn’t vote for them — Here’s why

Unlike the spot Bitcoin ETFs, which were approved via voting by a five-member committee, including SEC chief Gary Gensler, spot Ether ETFs were approved by the Trading and Markets Division of the SEC.

Bitcoin and Ether options worth $2.7B set to expire

The upcoming 21,000 contract expiry is dwarfed by the significantly larger $4.3 billion options expiry on May 31, according to Deribit.

Bitcoin dominance risks breaking 18-month uptrend on Ether ETF launch

Ethereum ETFs may spark a new “altseason,” traders suggest, with Bitcoin losing market share after hitting two-year highs.

AI firm Rabbit rejects Coffeezilla’s NFT scam accusation

A Rabbit spokesperson claimed that the Gama team was forthright with the open sourcing of the project and that the allegation was false.

US courts to handle Coinbase Dogecoin sweepstakes disputes

Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions.

Binance executive collapses during Nigeria trial for money laundering

Gambaryan missed a court appearance on tax evasion charges but attended the money laundering trial on the same day.

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