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Japan’s Metaplanet Stock Skyrockets 158% After Adopting Bitcoin Strategy
Japan’s Metaplanet Stock Skyrockets 158% After Adopting Bitcoin Strategy

The TSE suspended trading of Metaplanet’s stock for two consecutive days, prompted by a substantial increase in price.

Cryptopotato·2024/05/23 23:22
SEC rule approvals set stage for spot ether ETF launches
SEC rule approvals set stage for spot ether ETF launches

After accelerating conversations with issuers, the SEC took a step toward allowing ETH funds to launch

Blockworks·2024/05/23 22:37
Crypto stock sell-off a 'modest retrenchment' amid spot Ethereum ETF hype, analyst says
Crypto stock sell-off a 'modest retrenchment' amid spot Ethereum ETF hype, analyst says

The stocks of several spot bitcoin ETFs and bitcoin miners fell Thursday.The sell-offs may be a blip on the radar, according to a Benchmark analyst.Following today’s market close, the SEC approved eight spot Ethereum ETFs.

The Block·2024/05/23 22:25
With Ethereum ETFs now approved, how long until they go live?
With Ethereum ETFs now approved, how long until they go live?

Eight Ethereum ETFs were approved earlier today in an omnibus order.However, it may be weeks or even months before the S-1 registration statements are approved and the products are made available for trading.

The Block·2024/05/23 22:25
ETH 'bucking' crypto market downturn thanks to spot ether ETF excitement, analysts say
ETH 'bucking' crypto market downturn thanks to spot ether ETF excitement, analysts say

While outside forces depressed the crypto market, spot ether ETF mania helped sustain ether past a dip.

The Block·2024/05/23 22:01
SEC approves 8 Ethereum ETFs including BlackRock and Fidelity
SEC approves 8 Ethereum ETFs including BlackRock and Fidelity

The SEC has approved eight spot Ethereum ETFs in an omnibus order.This comes just four months after the agency approved spot Bitcoin ETFs for the first time.

The Block·2024/05/23 21:28
Flash
08:59
Circle has minted an additional $500 million USDC on Solana in the last half hour
BlockBeats News, June 8th, according to Whale monitoring, Circle issued another 250 million USDC on Solana today at 16:53 (UTC+8). Within approximately half an hour, it has issued a total of 500 million USDC on Solana.
08:28
Institution: Tech Stock Plunge Not an AI Logic Reassessment, Key is to Watch Giant Capex Slowdown
BlockBeats News, June 8th. The Asian market on Monday continued last week's brutal sell-off, with the South Korean KOSPI index plummeting over 8%, led by the semiconductor sector. Mark Vale, Investment Director at Lucerne Asset Management, stated, "This wave of movement appears to be more of a unwind of positions and momentum strategies, rather than a reassessment of the long-term artificial intelligence story. South Korean tech stocks have long been among the best-performing stocks globally. With a highly concentrated market positioning, these stocks naturally became a source of liquidity when interest rate expectations shifted after last week's non-farm payroll report. The key question now is whether the AI spending of mega-cap companies will slow down. At this stage, we have not seen evidence of this."
08:26
Micron Technology Rises Over 7% in Pre-Market Trading
On June 8, Micron Technology rose over 7% in pre-market trading, following news that the company is set to be included in the SP 500 index.
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