Crypto Calendar News

2024-05-29 18:35:29 Ripple $25 million crypto education contribution amid rising importance in 2024 election

Ripple has highlighted the 2024 US election as a crucial juncture for the crypto industry, according to a May 29 statement. In response, the company has donated $25 million to Fairshake, a federal super PAC that backs pro-crypto and pro-innovation candidates. This contribution raises Ripple’s total donation to the committee to $50 million. Notably, Fairshake has attracted funding from prominent crypto industry players, including Coinbase, Gemini, and venture capital firm Andreessen Horowitz.

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2024-05-28 21:05:29 Mt Gox Trustee and Mark Karpeles weigh in on the estate moving $9.8 billion of bitcoin

Earlier today, $9.8 billion of bitcoin from multiple wallets associated with Mt Gox was consolidated into a single wallet without prior warning from the Mt Gox Trustee, causing some alarm among creditors. "Under the Rehabilitation Plan, the Rehabilitation Trustee is preparing to make repayment for the portion of cryptocurrency rehabilitation claims to which cryptocurrency is allocated," the Trustee said.

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2024-05-28 10:50:19 Normie Token Plummets 99% After Smart Contract Exploit

The value of the Normie (NORMIE) token sunk by 99% within three hours after it was victim to a smart contract exploit, which temporarily dropped its market cap from $42 million to $200,000. Following the exploit, the developers of the Base meme coin are in discussions with the individual responsible for the incident to reclaim 90% of the stolen funds. In an on-chain message to Normie’s deployer address on May 26, the hacker offered to return 90% of the stolen NORMIE tokens, stipulating that the remaining 10% be kept as a bug bounty with no reprisals.

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2024-05-27 20:55:31 Ether price nears $4,000 as market awaits Ethereum ETFs going live

The price of ether is rallying toward the $4,000 mark just days after eight Ethereum exchange-traded funds (ETFs) were approved and ahead of their pending launches. Ether has risen to its current value of $3,932, up around 3.4% over the last 24 hours, and up 35% over the last fortnite, according to The Block's Price Page. It was last above the $4,000 mark in March.

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2024-05-27 07:45:13 Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total

Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners in two new operations. The ministry, which recently declared that it would disconnect all bitcoin miners due to its high energy consumption, has already confiscated over 17,000 miners from several mining farms.

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2024-05-26 07:05:01 Donald Trump, once a Bitcoin skeptic, declares support for crypto in Truth Social post

Former President and current 2024 leading Republican candidate Donald Trump voiced his clearest support of crypto yet today in a post on Truth Social that he shared shortly before his scheduled appearance at the Libertarian National Convention. "I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry. Our country must be the leader in the field," wrote Trump, except in his characteristic capital letters.

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2024-05-25 09:45:01 Bitcoin miner Marathon Digital partners with Kenya on renewable energy projects

Bitcoin mining firm Marathon Digital Holdings is partnering with Kenya's Ministry of Energy and Petroleum (MOEP) on several renewable energy projects. Marathon Digital and the MOEP will come up with a series of bitcoin-based renewable energy projects in Kenya. To facilitate that work, the two groups will establish a committee charged with steering the development and implementation of those energy-related projects across the African nation, according to a joint statement.

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2024-05-24 07:34:58 SEC approves Ethereum ETFs, aligning ETH closer to commodity in industry win

The US Securities and Exchange Commission (SEC) has approved the first spot Ethereum exchange-traded funds (ETFs), marking a significant milestone for the crypto industry. The decision, announced today, allows asset managers such as Grayscale, Fidelity, and Bitwise to launch ETFs that directly track the price of Ethereum (ETH). Ethereum rose 2% on the news and was trading at $3,900 as of press time, based on CryptoSlate data.

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2024-05-23 18:49:58 Bloomberg analyst predicts Solana ETF delay despite community anticipation

James Seyffart, a Bloomberg ETF analyst, has suggested a potential timeline for the launch of a Solana-based spot exchange-traded fund (ETF). Seyffart indicated that a Solana ETF might be delayed despite growing anticipation within the crypto community following recent discussions surrounding spot Ethereum ETFs. The Bloomberg ETF expert explained that the timeline for a Solana ETF could extend over several years, influenced by the regulatory environment in the United States.

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2024-05-23 08:09:58 Standard Chartered Predicts Bitcoin Could Hit All-Time High This Weekend

Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), which he believes will significantly enhance the credibility of the cryptocurrency sector.

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