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Memecoins GME, Roaring Kitty spike even as GameStop's stock tumbles back to earth
Memecoins GME, Roaring Kitty spike even as GameStop's stock tumbles back to earth

GameStop-themed memecoins GME and Roaring Kitty spiked 10% and 42%, respectively, in the past 24 hours. In the same period, GameStop’s stock fell around 20% to $22.22 per share. The firm posted net sale losses in first-quarter preliminary results on Friday.

The Block·2024/05/17 21:58
Spot bitcoin ETF inflows in May have made up for April outflows: analyst
Spot bitcoin ETF inflows in May have made up for April outflows: analyst

May spot bitcoin ETF inflows have already made up for April’s negative outflows, notes senior ETF analyst Eric Balchunas.The last two months exhibit why traders shouldn’t get “emotional” over inflows and outflows; it’s a “part of ETF life,” he adds.

The Block·2024/05/17 19:43
ZkSync teases v24 upgrade, fueling airdrop rumors
ZkSync teases v24 upgrade, fueling airdrop rumors

Zksync said Friday in an X post that it would soon roll out its v24 upgrade, as it aims to further decentralize its protocol this summer. The announcement fueled rumors that an airdrop from the Layer 2 solution could come as early as June.

The Block·2024/05/17 17:28
Macro continues to be a key driver for crypto: Coinbase
Macro continues to be a key driver for crypto: Coinbase

The macro environment remains a key driver for crypto performance, evidenced by the rebound in bitcoin prices after April’s softer CPI print, a Coinbase report said.

The Block·2024/05/17 15:31
Bitcoin preps 'golden cross' which last sparked 170% BTC price gains
Bitcoin preps 'golden cross' which last sparked 170% BTC price gains

Bitcoin is dishing out the bull signals on lower timeframes, but can BTC price action overcome key resistance?

Cointelegraph·2024/05/17 15:16
Coinbase says market 'underestimating' timing and odds of spot Ethereum ETF approval
Coinbase says market 'underestimating' timing and odds of spot Ethereum ETF approval

Coinbase analyst David Han said the market may be “underestimating” the timing and odds of a potential spot Ethereum ETF approval.The mismatch leaves room for “surprises to the upside,” with no major sources of supply-side overhangs, he added.

The Block·2024/05/17 13:43
Flash
12:11
Texas Brothers Admit to Gunpoint Kidnapping of Minnesota Family, Forcing Transfer of Over $8 Million in Cryptocurrency
BlockBeats News, June 19th - In Waller, Texas, USA, two brothers, Isiah Angelo Garcia and Raymond Christian Garcia, admitted to committing an armed kidnapping. On September 19, 2025, the two broke into a home in Grant, Minnesota, where they used a gun to threaten and tie up the family for over 8 hours. They forced the father to transfer over $8 million from his cryptocurrency account and compelled him to go to a northern cabin to retrieve more storage devices. After the victims' son called the police, the two escaped but were later arrested in the Houston area. Recently, in a Minneapolis federal court, the brothers pleaded guilty to "interference with commerce by means of robbery." Each faces a maximum of 20 years in prison and has agreed to compensate over $8 million. The sentencing date is yet to be determined.
12:06
Wolsh enters the stage! Gold, the dollar, and AI have all lost something in common
The first dividing line of the Waller era has emerged! When the Federal Reserve is no longer in a rush to tell the market which way to go, what should we look at next? This article thoroughly explains the real changes brought about after Waller took office!
12:05
Ethereum Ecosystem Monthly Summary: Multiple Launches and Upgrades Covering Scaling, Privacy, Payments, and Institutional Applications
Odaily reports that Ethereum has released its monthly ecosystem summary, with multiple launches and upgrades covering areas such as L2 scaling, privacy payments, institutional finance, developer tools, and governance infrastructure: 1. In terms of scaling and infrastructure, Ronin Network completed its migration to Ethereum L2; Arbitrum Foundation announced that the LG Electronics blockchain team is piloting on-chain advertising on its network; Base launched its first independent upgrade "Azul," reportedly boosting performance to around 5,000 TPS and introducing several execution and consensus improvements. 2. In the payment and finance sector, Mastercard expanded stablecoin settlement support, covering assets such as USDC and PYUSD, and enabling settlement on both Ethereum mainnet and L2 networks; Cash App launched USDC functionality, allowing nearly 60 million users to send and receive on-chain directly; JPMorgan Chase launched its second tokenized money market fund on Ethereum. 3. In privacy and security, the Clear Signing standard was officially launched to address the "blind signature" issue; SEAL 911 and Wonderland jointly introduced the DARC risk and compliance standard. 4. On the development and tools side, Hardhat 3 was released as a stable version, supporting Solidity testing and multi-chain development; the ENS ecosystem launched ENS8004, transforming domain names into verifiable on-chain AI agents. 5. Multiple experimental and ecosystem projects are advancing simultaneously, including the LIFI Intents execution framework and Aragon's on-chain governance materialization.
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