The net inflow of ETH to crypto exchanges yesterday was 81,840 ETH ($306 million) – the highest since January 23, 2024.

🐃 ETH is experiencing the most bullish sentiment from the crowd since September of last year. Sentiment in BTC and SOL is slightly bearish, according to Santiment

46% of BTC trading volume in 2024 occurred during US market hours - this may be a consequence of the launch of spot Bitcoin ETFs trading on US exchanges.

Farcaster Raises $150 Million! 🚀

🏰 Farcaster, a blockchain-based social network, has successfully raised $150 million, led by Paradigm. This funding round saw participation from major players like Andreessen Horowitz (a16z), Haun, USV, Variant, Standard Crypto, and more.

👥 Farcaster's co-founder, Dan Romero, announced that the funds would support the platform's operations for many years. The team's upcoming focus areas include:

🔹 Growing the number of daily users

🔹 Adding developer primitives like "channels or direct messages"

✔️ Romero also mentioned that the project will continue hiring specialists to enhance the platform. Since moving to a permissionless model in October 2023, Farcaster has achieved 350,000 paid subscriptions and a 50-fold increase in online activity.

👀 Farcaster's popularity has surged since late January 2024, thanks to the launch of the Frames functionality, which lets developers embed interactive features directly into messages.

🌪 Vitalik Buterin transferred 80 ETH ($300,000) to the Railgun mixer today - this is the second such transfer in the last 2 months.

👀 Previously, Buterin has repeatedly defended crypto mixers, saying that such services are primarily needed to anonymize transfers, and not for money laundering.

Bernstein: Ethereum at $6,600 if ETF Approval is Granted

🚀 Analysts at Bernstein expect a 75% increase in ETH to $6,600 within a few weeks if the SEC gives the green light to spot ETFs for the second-largest cryptocurrency.

🧐 It is important to understand that this forecast is based on a similar rise in BTC following ETF approval, which took 7 weeks.

The SEC decision could come as soon as tomorrow, stay tuned... ⌛️

🇺🇸 The U.S. House of Representatives is set to vote on bill HR 4763 — the Commodity Futures Trading Commission (CFTC) will regulate a digital asset as a commodity if it is functional and decentralized.

The SEC will regulate a digital asset as a security if it is not decentralized.

🤷 SEC Chairman Gary Gensler has sharply opposed this bill. He believes that if HR 4763 is approved, it will create "new regulatory gaps and undermine decades of precedent regarding oversight of investment contracts, exposing investors and capital markets to immeasurable risk."

💪 President Biden has already stated that he will not veto HR 4763, which will allocate regulatory powers over crypto between the CFTC and SEC.

👀 The Biden administration also announced that they plan to work with Congress on balanced cryptocurrency regulation.

✔️ Rumors are swirling that the Democrats have sharply changed their stance on cryptocurrencies ahead of the upcoming elections.

✋ Hello folks! It's time for our daily giveaway for our most loyal followers! You can see the results of last giveaway on the Daily Drops channel. Now let's move on to today's giveaway.

Here's what to do:

1️⃣React to this message with 👾 emoji

2️⃣Share this message with a friend

3️⃣Fill out the Google form.

4️⃣To be subscribed to Daily Drops channel, where the results will be posted

💰The prize pool of $50 will be distributed as follows:

◾️1st place - $20 USDT
◾️2nd place - $10 USDT
◾️3rd place - $8 USDT
◾️4th place - $4 USDT
◾️5th place - $4 USDT

👆All payments will be made in $TON at the current exchange rate at the time of the giveaway. Five winners will be randomly selected using a randomizer.

❗️ You need to provide a TON-wallet address to which we will transfer the funds you win. If the address is incorrect, we will simply choose the next participant on the list. Do not provide exchange wallets because without a tag your funds will simply be lost.

✔️ The form must be filled out within four hours of the publication of this post. The results of the draw will be announced after processing the data from the form and further giveaway on the Daily Drops channel. And do not fill out the form several times. Such accounts will still be disqualified!

🎉 Congratulations to the winners of the first cash prize giveaway from the Crypto Soothsayer channel!

▪️1st place - $20 USDT - @Psalm_G
▪️2nd place - $10 USDT - @Maherboy60
▪️3rd place - $8 USDT - @supremo junior
▪️4th place - $4 USDT - @arsenalkingsley
▪️5th place - $4 USDT - @crytowhale2


💰 All prizes have been paid to the winners in $TON at the current exchange rate.

⚡️Stay with Crypto Soothsayer to keep up with the latest news from the world of cryptocurrencies!

The U.S. House of Representatives passed a bill that determines whether a token is a security or a commodity.

🇺🇸 The U.S. House of Representatives approved the FIT21 (or HR 4763) bill.

📖 This bill determines whether a token is a security or a commodity, delineating the responsibilities of the SEC and CFTC.

After this, 📝 the document must pass the Senate and receive President Joe Biden's signature.

🗣 Yesterday, the Biden administration stated that it would not veto this document but urged for its refinement to avoid creating new risks for investors.

🤷 In turn, SEC Chairman Gary Gensler strongly opposed FIT21.

MetaMask Plans to Add BTC Support

According to Coindesk, 🦊 MetaMask plans to add BTC support to its wallet.

👀 The exact timeline for the integration is unknown, but it is expected that the update may be available as early as next month.

🪁 Telegram to Launch Internal Currency "Telegram Stars" for Digital Goods Payments in Bots

👀 This decision was made due to multiple complaints from Apple, which prohibits accepting payments bypassing their app store.

🗒 Starting from June 12, all bots accepting payments from users for any digital goods or subscriptions will be required to accept payments exclusively in ⭐️ Telegram Stars. Developers will be able to withdraw the accumulated balance using the TON blockchain.

🐋 Another ancient Bitcoin miner from 2010 has awakened and transferred 2000 BTC ($140,000,000) to an unknown wallet.

This is the second such "pensioner" to awaken from slumber in the last 10 days. Now that's what I call HODLers, to wait 10 years or more! 💪

🚀 ‘Asia’s MicroStrategy’ Soars to the Top of Japanese Stocks

🌐 Metaplanet, a Japan-based investment firm following MicroStrategy's Bitcoin (BTC) strategy, has become the highest gainer among all Japanese stocks, with its shares skyrocketing 158% over the last week.

👀 The share price surged to 93 Japanese yen, prompting the Tokyo Stock Exchange to halt trading twice in the past week due to the rapid rise. Currently nearing a $1 billion market cap, Metaplanet’s shares jumped 127% in just two days.

💲 Since announcing its Bitcoin investment strategy on April 8, Metaplanet has accumulated 117.7 BTC, now worth $7.2 million. This move has driven its stock up by 389%, aiming to hedge against Japan’s debt and weak yen.

✔️ Meanwhile, Bitcoin is up nearly 190% against the Japanese yen over the last 12 months and hit new ATH few day ago.

Ethereum surpasses $3900 amid anticipation of possible ETF launch

🇺🇸 The U.S. Securities and Exchange Commission (SEC) has begun discussing Form S-1 in applications for the registration of spot Ethereum ETFs. This is reported by The Block, citing sources.

👤 The insider added that he does not expect the approval process to be canceled but remains cautious.

📈 Amid the news, the price of Ethereum surpassed the $3900 mark. Over the week, the asset added 31.7%, 🤷 outperforming Bitcoin, which increased by only 5.6%.

👀 For full approval of an ETH ETF, the regulator must first approve Form 19b-4, after which the registration statements on Form S-1 must take effect.

🗒 On May 20, the media reported that the agency asked potential issuers to update Form 19b-4. Today, May 23, is the deadline for considering requests from VanEck and Grayscale.

🕵️‍♂️ Bloomberg exchange analyst Eric Balchunas suggested that the SEC might publish a notice around 4:00 PM GMT-4 (8:00 PM UTC).

Will TON be listed on Binance soon? 🧐

New tokens have been discovered in Binance exchange wallets, and it turns out to be your beloved Toncoin. 🤩

If this is true, then I think we will soon see $TON at $10+ 🔥

I hope you didn't sell all your $TON at once, those who received it as a giveaway? 😉

Current distribution of 21,000,000 BTC:

• Individual coin holders — 57%
• Lost BTC — 17.6%
• Yet to be mined BTC — 6.6%
• Satoshi Nakamoto's wallet — 5.2%
• Bitcoin ETFs — 3.9%
• Corporations — 3.6%
• Miners — 3.4%
• Governments — 2.7%

👀 The most interesting point is "yet to be mined BTC." Just realize that 93.4% of all possible bitcoins have already been mined! Therefore, its price will only increase and will someday reach a million dollars, or even more... 🔥

✋ Hello folks! It's time for our daily giveaway for our most loyal followers! You can see the results of last giveaway on the Daily Drops channel. Now let's move on to today's giveaway.

Here's what to do:

1️⃣React to this message with 👾 emoji

2️⃣Share this message with a friend

3️⃣Fill out the Google form.

4️⃣To be subscribed to Daily Drops channel, where the results will be posted

💰The prize pool of $50 will be distributed as follows:

◾️1st place - $20
◾️2nd place - $10
◾️3rd place - $8
◾️4th place - $4
◾️5th place - $4

👆All payments will be made in $TON at the current exchange rate at the time of the giveaway. Five winners will be randomly selected using a randomizer.

❗️ You need to provide a TON-wallet address to which we will transfer the funds you win. If the address is incorrect, we will simply choose the next participant on the list. Do not provide exchange wallets because without a tag your funds will simply be lost.

✔️ The form must be filled out within four hours of the publication of this post. The results of the draw will be announced after processing the data from the form and further giveaway on the Daily Drops channel. And do not fill out the form several times. Such accounts will still be disqualified!

⚡️ The spot Ethereum ETF has been approved!

Bloomberg confirms the approval of the Ethereum ETF but has not yet seen the document on the SEC's website - citing a very reliable source (PhoenixTrades).

Initially, the SEC postponed the decision on launching the spot Ethereum ETF for several hours.

Ethereum immediately reacted, dropping sharply down to $3500. However, it has already managed to fully recover its position on the positive news and is now trading around $3900.

To the moon? 🚀

🎉 Congratulations to the winners of the cash prize giveaway from the Crypto Soothsayer channel!

▪️1st place - $20 - @simplyanny06
▪️2nd place - $10 - @Alterjason
▪️3rd place - $8 - @SteveP007
▪️4th place - $4 - @z_nishonov
▪️5th place - $4 - @Ban CuLay


💰 All prizes have been paid to the winners in $TON at the current exchange rate.

⚡️Stay with Crypto Soothsayer to keep up with the latest news from the world of cryptocurrencies!

Main Points about Ethereum ETF

🗒 Form 19b-4 has been approved for all 9 issuers on the list of candidates for launching an ETF.

Next, the S-1 form needs to be agreed upon and approved before the ETFs can start publicly trading on the stock market. 🧐

Bloomberg Analyst: Approval of the S-1 form may take a couple of weeks, but it could take longer! Only then will the Ethereum ETF start trading.

Eric Balchunas: It is quite possible that the S-1 form will be approved (and Ethereum ETF trading will begin) by mid-June. But this is just an assumption.

👀 Other authoritative figures have expressed opinions on whether Ethereum should be considered a security:

Chief Legal Officer of Coinbase: The SEC has officially recognized ETH as a "commodity" by approving spot Ethereum ETFs.

Cinneamhain Ventures: The SEC's decision on the ETF means that most other tokens, in addition to ETH, are also NOT "securities."

ConsenSys: ETH is NOT a "security," a fact signaled by the SEC's decision on the ETF.