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SOL’s price surge is linked to recent crypto developments, notably involving Robinhood, Infinex, and MarginFi platforms.
Morgan Stanley has emerged as one of the top holders of U.S. spot bitcoin ETFs as of March 31, according to a Wednesday 13F filing with the SEC.The multinational investment bank and financial services company disclosed holding $269.9 million worth of Grayscale’s GBTC and $2.3 million of Ark Invest’s ARKB.
PancakeSwap will pay up to $8 million to Uniswap users who have paid high interface fees on its competitor’s platform. Eligible traders must match their Uniswap v3 holdings on PancakeSwap v3. The reimbursement campaign comes after Uniswap hiked its interface fees from .15% to .25% in April.
Drift Foundation has officially launched its token and opened airdrop claims. The airdrop consists of 120 million DRIFT tokens with a bonus component.
Viral web3 clicker game Notcoin has launched its cryptocurrency on the TON blockchain. Over 80 billion NOT tokens have been airdropped to participants amid crypto exchange listings.
The memecoin market cap today stands at $58 billion — having gained 10% in the last 24 hours — according to CoinGecko data.In contrast, the total cryptocurrency market cap increased by 5.5% over the same period, with the bitcoin price posting a 6% uptick.
- 06:34As of May 17, Grayscale GBTC's AUM has returned to above $19 billion, with an increase of approximately 59 BTC from the previous dayGrayscale's official data shows that as of May 17 local time, its spot Bitcoin exchange-traded fund GBTC held 288,954.3969 BTC, an increase of 59.3288 BTC from the previous trading day. In addition, the asset management scale (non-GAAP) of GBTC has risen to $19,373,184,484.83 and the circulation shares have slightly increased to 324,810,100 shares.
- 06:33Data: The market value of the Rune Plate has risen back to 990 million US dollars, DOG•GO•TO•THE•MOON has increased by more than 30% in 24 hoursAccording to GeniiData, the overall market value of the Runes sector has rebounded to $994.78 million, among which: The No. 3 rune DOG•GO•TO•THE•MOON has a market value of $270 million, ranking first; The No. 13 rune PUPS•WORLD•PEACE has a market value of $194 million, ranking second; The No. 8 rune RSIC•GENESIS•RUNE has a market value of $181 million, ranking third. Additionally, according to CoinGecko data, DOG•GO•TO•THE•MOON is now priced at $0.002884 with a 24-hour increase reaching 30.3%.
- 05:32Non-profit organization Better Markets: Approval of spot Ethereum ETF will threaten the "broader financial system"According to News.bitcoin, the financial non-profit organization Better Markets strongly opposes the approval of spot Ethereum ETF products, stating that this could endanger the broader financial system. In a supplementary comment letter sent to the SEC, the organization stated that approving these spot Ethereum ETPs would "intertwine the cryptocurrency industry with traditional finance," thereby exacerbating systemic risks brought about by equivalent Bitcoin products. Like Bitcoin, Ether is prone to extreme price fluctuations, making investing in Ether nothing more than a gamble.