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SEC punts Galaxy spot Ethereum ETF decision to July

The Securities and Exchange Commission has delayed making a decision on Invesco Galaxy’s application for an Ether ETF, with the next deadline on July 5.

Bitcoin miner Marathon Digital to join S&P SmallCap 600, shares jump 18%

Marathon Digital will officially be added to the index fund on May 8.

Memecoins sell-off as Bitcoin price takes the spotlight — Is meme season over?

Memecoins are underperforming Bitcoin today, which could be a sign that traders will pay more attention to BTC’s post-halving recovery.

Central banks must revise business model, embrace CBDCs — ECB member

Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit.

Crypto firms to see more enforcement actions within 2 years — CFTC chair

Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation.

Ethereum L2 EigenLayer is last of ‘life-changing airdrops,’ experts say

Issues such as community discontent, farm accounts and restrictive criteria have plagued recent airdrops.

Price analysis 5/6: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin is facing selling near the 50-day SMA, indicating that the range-bound action may continue for a few days.

Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded

While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license.

Gnus.AI Discord hack causes $1.27M in losses

The attacker was able to view team members’ private Discord messages, allowing them to gain access to the team’s wallet address and mint 100 million fake tokens.

Bitcoin distribution ‘danger zone’ over, analysts say

Bitcoin’s post-halving “danger zone” is over as Bitcoin establishes a firm footing above the $60,000 reaccumulation range, new analysis suggests.

Fairshake PAC and affiliates raise $102M to support crypto candidates

The Super PAC and its two affiliates have backed ads or otherwise supported efforts for crypto-focused candidates from both major political parties.

Marathon Digital, Kenyan government discuss crypto policy, energy use

The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary.

Bitcoin price still in ‘prime buy zone’ even with rally to $65K

Analysts say Bitcoin price remains in an optimal buy zone even after BTC rallied to $65,500 on May 6.

Jack Dorsey’s Block to raise $1.5B in senior notes offering

Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services.

Hong Kong spot Bitcoin and Ether ETFs struggle to gain traction

The exchange-traded funds only managed to attract around $22.5 million in inflows during their first week of launch.

Summer will offer ‘perfect opportunity’ for investing in crypto — Arthur Hayes

The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market.

Runes and BRC-20s are just a stepping stone for Bitcoin DeFi

Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi.

Why is Cardano (ADA) price up this week?

Broader market uptrends and Charles Hoskinson's proposal to partner with Bitcoin Cash are boosting Cardano prices at the start of this week.

First Bitcoin-backed synthetic dollar to launch with 25% yield

USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable?

Mango Markets DAO buyback plan leads to accusations of ‘self-dealing’

Mango DAO used treasury funds to compensate hack victims through a buyback program, but critics claim it was done to benefit an FTX estate buyer.

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