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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

SEC delays making a decision on the proposed Invesco Galaxy spot Ethereum ETF
SEC delays making a decision on the proposed Invesco Galaxy spot Ethereum ETF

The SEC set its next deadline to July 5, 2024 to approve or disapprove of the proposed spot ether ETF. Optimism for the SEC approving such a product has dwindled over the past few months

The Block·2024/05/06 22:04
Bitcoin miners are starting to feel the pinch
Bitcoin miners are starting to feel the pinch

The 7-day moving average of Bitcoin’s hash rate has dropped slightly since the halving, to just over 600 EH/s, but is still historically high. This is an excerpt from The Block’s Data & Insights newsletter.

The Block·2024/05/06 20:46
SEC issues Robinhood Crypto with Wells Notice, citing alleged securities violations
SEC issues Robinhood Crypto with Wells Notice, citing alleged securities violations

Robinhood Markets said that the SEC has issued its crypto unit with a Wells Notice. The SEC told the company that it is anticipating filing an enforcement action over alleged securities violations.

The Block·2024/05/06 14:31
Flash
  • 18:23
    JUP falls below $1
    The market shows that JUP fell below $1 and is now at $0.99, down 5.71% in 24 hours, the market is volatile, please do your risk control.
  • 18:21
    Data: SOL flows back to Ether 4x as much as ETH flows to Solana in last 24 hours
    Crypto analyst Miles Deutscher posted on the X platform that Solana ecosystem liquidity is flowing back into the Ether ecosystem. In the past 24 hours, SOL tokens have flowed into the Ether ecosystem about four times as much as ETH tokens have flowed into the Solana ecosystem.
  • 18:21
    A VIRTUAL whale sold 5,038,000 VIRTUALs 2 hours ago for a $5.02 million loss
    According to the monitoring of the chain analyst, a VIRTUAL whale sold 5,038,000 VIRTUAL for 8,889,000 USDT at a loss of $1.76 2 hours ago, resulting in a loss of $5.02 million (-36%) on VIRTUAL. He spent a total of $13.91 million to buy 5.038 million VIRTUAL during the VIRTUAL pullback from January 19th to January 27th at an average price of $2.76 USD. As VIRTUAL continued to fall, he decided to stop losing 2 hours ago: he sold all 5.038 million VIRTUALs he had previously purchased at $1.76 for a loss of $5.02 million (-36%).
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