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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.
- 15:35Data: XRP market value breaks through 170 billion US dollars, ranking 99th in the global asset market valueAccording to 8marketcap data, XRP's market value has broken through 170 billion US dollars, reaching 170.41 billion US dollars, with a 24-hour increase of 14.53%. It is now among the top 100 in global asset market value ranking, ranking at number 99.
- 15:34The U.S. SEC is ready to immediately advance cryptocurrency policy reform after Trump takes officeAccording to Reuters, three informed sources stated that senior Republican officials of the U.S. Securities and Exchange Commission (SEC) are preparing to start reforming the agency's cryptocurrency policy as early as next week after Trump takes office. Two of these insiders indicated that Commissioners Hester Peirce and Mark Uyeda are considering measures including initiating relevant procedures, ultimately formulating guidance or rules clarifying under what circumstances the agency will consider cryptocurrencies as securities, and reviewing some ongoing cryptocurrency enforcement cases in court.
- 15:33BTC breaks through $99,500Bitget market data shows that BTC has broken through $99,500, currently quoted at $99,537.26, with a 24-hour increase of 3.5%.