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🗞 CryptoNews of the Day 🗞

Bitcoin ETFs Now Hold 1 Million BTC in Custody, Worth $70.5 Billion: Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, with over 1 million BTC now held in custody.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-etfs-now-hold-1-million-btc-in-custody-worth-dollar705-billion

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🗞 CryptoNews of the Day 🗞

Spot Ethereum ETF Approval Bolsters Asset Tokenization on Ethereum Blockchain: The approval of spot Ethereum ETFs by the US Securities and Exchange Commission (SEC) carries significant implications for firms engaged in tokenizing assets that trade on-chain.


👉Details: https://coinmarketcap.com/academy/article/spot-ethereum-etf-approval-bolsters-asset-tokenization-on-ethereum-blockchain

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🗞 CryptoNews of the Day 🗞

Fantom Foundation Reveals Sonic Foundation for New Sonic Chain: The Fantom Foundation has recently unveiled plans to launch the Sonic chain and has established a dedicated foundation to oversee its development and deployment.


👉Details: https://coinmarketcap.com/academy/article/fantom-foundation-reveals-sonic-foundation-for-new-sonic-chain

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🗞 CryptoNews of the Day 🗞

Ethena's USDe Market Cap Surges as SEC Approves Spot Ethereum ETFs: Ethena's synthetic dollar cryptocurrency, USDe, has experienced a significant increase in market capitalization, surpassing $2.66 billion.


👉Details: https://coinmarketcap.com/academy/article/ethenas-usde-market-cap-surges-as-sec-approves-spot-ethereum-etfs

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🗞 CryptoNews of the Day 🗞

Ethereum Price Remains Flat Following Historic Spot ETF Approval: Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced relatively minor price movements, gaining 0.80% over the past 24 hours.


👉Details: https://coinmarketcap.com/academy/article/ethereum-price-remains-flat-following-historic-spot-etf-approval

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🗞 CryptoNews of the Day 🗞

Liquid Restaking Platform Kelp DAO Secures $9M Funding at Valuation of $90M: Kelp DAO, a liquid restaking platform built on Ethereum's EigenLayer, has successfully raised $9 million in a private token sale round, the company announced.


👉Details: https://coinmarketcap.com/academy/article/liquid-restaking-platform-kelp-dao-secures-dollar9m-funding-at-valuation-of-dollar90m

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🗞 CryptoNews of the Day 🗞

VanEck's Ethereum ETF Ticker “ETHV” Listed on Clearing Firm DTCC’s Website: The Depository Trust and Clearing Corporation (DTCC) has listed global investment manager VanEck's spot Ethereum exchange-traded fund (ETF) under the ticker symbol "ETHV."


👉Details: https://coinmarketcap.com/academy/article/vanecks-ethereum-etf-ticker-ethv-listed-on-clearing-firm-dtccs-website

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🗞 CryptoNews of the Day 🗞

Crypto Trader Turns $2.2K of SOL to $2.26M Within Eight Hours on Memecoin Trade: A crypto trader, operating under the wallet name "sundayfunday.sol," achieved an incredible 993x gain on their purchase of 13 Solana (SOL) worth of a newly-launched memecoin called 1DOL.


👉Details: https://coinmarketcap.com/academy/article/crypto-trader-turns-dollar22k-of-sol-to-dollar226m-within-eight-hours-on-memecoin-trade

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🗞 CryptoNews of the Day 🗞

Web3 Gaming Firm Gala Games Suffers $206M Exploit, GALA Plummets 15%: Gala Games, a prominent web3 gaming company, has reportedly fallen victim to an exploit, resulting in the minting of 5 billion GALA tokens, valued at approximately $206 million.


👉Details: https://coinmarketcap.com/academy/article/web3-gaming-firm-gala-games-suffers-dollar206m-exploit-gala-plummets-15percent

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🗞 CryptoNews of the Day 🗞

ETH Surges 20% After SEC Asks for Amended Filings, Odds of Approval Increased to 75%: Bloomberg ETF analysts now believe that the chances of the U.S. government approving spot Ethereum (ETH) ETFs are much more likely than previously anticipated.


👉Details: https://coinmarketcap.com/academy/article/eth-surges-20percent-after-sec-asks-for-amended-filings-odds-of-approval-increased-to-75percent

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🗞 CryptoNews of the Day 🗞

LayerZero Labs Pauses Sybil Reporting “Warzone” for Highly Anticipated Airdrop: LayerZero Labs, the company behind blockchain interoperability protocol LayerZero, is striving to establish a fair and seamless airdrop experience by tackling the issue of Sybil activity.


👉Details: https://coinmarketcap.com/academy/article/layerzero-labs-pauses-sybil-reporting-warzone-for-highly-anticipated-airdrop

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🗞 CryptoNews of the Day 🗞

XRP Ledger Transaction Volume Soars and Transaction Costs Plummet in Q1 2024: According to Ripple's Q1 2024 XRP Markets Report, the number of transactions on the XRP Ledger (XRPL) more than doubled.


👉Details: https://coinmarketcap.com/academy/article/xrp-ledger-transaction-volume-soars-and-transaction-costs-plummet-in-q1-2024

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🗞 CryptoNews of the Day 🗞

Bitcoin Price Holds Firm Above Key Support Level at $66K: The price of Bitcoin (BTC) has solidified its position above the crucial support level of $66,000, leading some crypto traders to express confidence and optimism about BTC.


👉Details: https://coinmarketcap.com/academy/article/bitcoin-price-holds-firm-above-key-support-level-at-dollar66k

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🗞 CryptoNews of the Day 🗞

Tether Partners With TON To Bring USDT-to-Fiat Transactions Using Oobit Mobile App: Oobit, a mobile payment app, is set to streamline transactions involving Tether's USDT and Tether Gold (XAUt) on The Open Network (TON).


👉Details: https://coinmarketcap.com/academy/article/tether-partners-with-ton-to-bring-usdt-to-fiat-transactions-using-oobit-mobile-app

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🗞 CryptoNews of the Day 🗞

TON Network’s Notcoin Sees Over $1B in Trading Volume, Biggest Gaming Token Launch This Year: Notcoin has finally introduced its NOT token on the Telegram-based The Open Network (TON).


👉Details: https://coinmarketcap.com/academy/article/ton-networks-notcoin-sees-over-dollar1b-in-trading-volume-biggest-gaming-token-launch-this-year

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🗞 CryptoNews of the Day 🗞

Standard Chartered: Solana, XRP ETFs Could Be Next: Standard Chartered, one of the leading global banks, has predicted that Solana and XRP will soon receive their own exchange-traded funds (ETFs) for digital assets.


👉Details: https://coinmarketcap.com/academy/article/standard-chartered-solana-xrp-etfs-could-be-next

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🗞 CryptoNews of the Day 🗞

Bitcoin Whales Display Bull Market Behavior With Strong Buying Spree: Bitcoin (BTC) whales, large holders of the cryptocurrency, have resumed their buying spree after a pause following Bitcoin’s all-time high in March.


👉Details: https://coinmarketcap.com/academy/article/bitcoin-whales-display-bull-market-behavior-with-strong-buying-spree

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🗞 CryptoNews of the Day 🗞

Bitcoin Dips by 2% But Traders Say Its a Healthy Pullback Before Next Leg Up: Bitcoin (BTC) price dropped by 2.12% in the past day, following news of the spot Ethereum ETF approvals.


👉Details: https://coinmarketcap.com/academy/article/bitcoin-dips-by-2percent-but-traders-say-its-a-healthy-pullback-before-next-leg-up

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🗞 CryptoNews of the Day 🗞

Ethereum ETF Approval Could See $500M Inflow From Institutional Investors, According to OKX: Lennix Lai, OKX's global chief commercial officer, stated that the approval of the Ethereum spot exchange-traded funds (ETFs) could see institutional investors invest $500 million.


👉Details: https://coinmarketcap.com/academy/article/ethereum-etf-approval-could-see-dollar500m-inflow-from-institutional-investors-according-to-okx

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🗞 CryptoNews of the Day 🗞

AIOZ Network Is the First DePIN Company on Nvidia Accelerated Applications Catalog: AIOZ Network, a leading decentralized infrastructure provider, has achieved a significant milestone by becoming the first DePIN (Decentralized Peer-to-Peer Infrastructure Network) company.


👉Details: https://coinmarketcap.com/academy/article/aioz-network-is-the-first-depin-company-on-nvidia-accelerated-applications-catalog

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🗞 CryptoNews of the Day 🗞

BlackRock, Bitwise and Grayscale Submit Updated 19b-4 ETF Filings to the SEC: BlackRock, Grayscale, and Bitwise have updated their 19b-4 filings for spot Ethereum (ETH) exchange-traded fund (ETF) applications, removing provisions related to staking.


👉Details: https://coinmarketcap.com/academy/article/blackrock-bitwise-and-grayscale-submit-updated-19b-4-etf-filings-to-the-sec

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🎙️ CMC Live: 5 Hottest Killer Whales Picks 🔥

Set Reminder & Tune in: https://coinmarketcap.com/community/post/336508642

The heat is on as we return with another round of the 5 hottest projects pitching to the Whales this week! 👇

@omniaverse
@Steam_Exchange
@LayerOneX
@sleap_io
@PlayFiStudios

Exclusively on #CMCLive!

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🗞 CryptoNews of the Day 🗞

SEC-Licensed Prometheum Launches Custody Service Treating ETH as a Security: Prometheum, a digital asset trading and custody firm, has reportedly initiated a soft launch of its Ethereum (ETH) custody service.


👉Details: https://coinmarketcap.com/academy/article/sec-licensed-prometheum-launches-custody-service-treating-eth-as-a-security

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🗞 CryptoNews of the Day 🗞

Bitcoin Gains 6.6%, Breaks Above $70,000 Level as Spot Buying, ETF Inflows Drive Momentum: Bitcoin (BTC) has made a strong rally, surging past the coveted $70,000 mark and touching $71,785.


👉Details: https://coinmarketcap.com/academy/article/bitcoin-gains-66percent-breaks-above-dollar70000-level-as-spot-buying-etf-inflows-drive-momentum

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🌌 Join CMC Labs incutabee Galaxis's Creator Grant Program
Receive monthly rewards based on the your members' card membership tiers!

👉 Basic Tier: No additional rewards
👉 Full Tier: $1 per member per month
👉 VIP Tier: $10 per member per month

🔗 Read more here:
https://galaxis.xyz/news/elevate-your-community-galaxis-grants-program-1000000-allocated

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🗞 CryptoNews of the Day 🗞

Ethereum Price Surges Above $3K Mark Amidst Unforeseen Court Ruling: Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a notable price rally over the past 7 days.


👉Details: https://coinmarketcap.com/academy/article/ethereum-price-surges-above-dollar3k-mark-amidst-unforeseen-court-ruling

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🗞 CryptoNews of the Day 🗞

Solana Wallet Phantom Surges to Third Place on Apple App Store’s Utility Category: Phantom Wallet, a popular cryptocurrency wallet, has recently climbed to the third position in the utility category on the Apple App Store.


👉Details: https://coinmarketcap.com/academy/article/solana-wallet-phantom-surges-to-third-place-on-apple-app-stores-utility-category

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🗞 CryptoNews of the Day 🗞

Over 600 Financial Institutions Reveal Billions Invested in US Spot Bitcoin ETFs: More than 600 firms have unveiled substantial investments in spot Bitcoin exchange-traded funds (ETFs) in their 13F filings.


👉Details: https://coinmarketcap.com/academy/article/over-600-financial-institutions-reveal-billions-invested-in-us-spot-bitcoin-etfs

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🗞 CryptoNews of the Day 🗞

Popular Solana Memecoin Launcher Pump.fun Suffers $2M Flash Loan Exploit: Pump.fun, a platform built on the Solana blockchain for streamlined token launches, has fallen victim to an apparent exploit resulting in significant losses.


👉Details: https://coinmarketcap.com/academy/article/popular-solana-memecoin-launcher-pumpfun-suffers-dollar2m-flash-loan-exploit

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🗞 CryptoNews of the Day 🗞

Bitcoin Derivatives Traders Sees Short-Term Correction in BTC Despite Softer Inflation: CF Benchmarks' analysis of options on Bitcoin (BTC) futures traded on the Chicago Mercantile Exchange (CME) reveals that investors are still willing to pay a premium.


👉Details: https://coinmarketcap.com/academy/article/bitcoin-derivatives-traders-sees-short-term-correction-in-btc-despite-softer-inflation

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