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blockchain crypto cryptocurrency michael saylor think sec Classify ETH as a Security (SpotedCrypto)

Michael Saylor “US SEC to Classify ETH as a Security”

“The U.S. Securities and Exchange Commission (SEC) will classify Ethereum (ETH) as a security and deny approval of spot ETFs applied for by a number of asset managers,” Michael Saylor, CEO of Microstrategy (NASDAQ: MSTR), the largest single holder of BTC outside of bitcoin spot ETFs, said at a

blockchain crypto cryptocurrency BTC Recovery Will Take Time (SpotedCrypto)

Top Analyst “BTC Recovery Will Take Time”

Noted crypto analyst Michaël van de Poppe tweeted on his X that “BTC has dropped about 7% in the last two weeks. It may take some time to recover.” “For Bitcoin, it's going to take some time. “There could be another 5-10% correction, but from here, altcoins will

blockchain crypto cryptocurrency Bitcoin 13.8B Worth of BTC Options Expire (SpotedCrypto)

13.8 Billion Worth of BTC Options Expire Today

According to cryptocurrency options exchange Deribit, $13.8 billion worth of Bitcoin options will expire at 17:00 UTC on May 3. The put/call ratio is 0.49 and the max pain (the price at which the most option buyers lose premium) is $61,000. At the same time,

blockchain crypto cryptocurrency Coinbase 1Q revenue of 1.64B (SpotedCrypto)

Coinbase 1Q revenue of $1.64 billion... Beats Estimates

Coinbase reported its Q1 earnings, according to CNBC. During the period, Coinbase reported revenue of $1.64 billion, beating estimates ($1.34 billion). This is a significant increase from the year-ago quarter ($7.7 billion). “Coinbase shares have surged about fivefold in the past year, and are up about 30%

blockchain crypto cryptocurrency Bitcoin whale mr100 (SpotedCrypto)

'Mr. 100' BTC whale estimated to have bought 2800 BTC... First post-halving purchase

“The whale address known as ‘Mr. 100’ (starting with 1Ay8v) has made its first BTC purchase since the Bitcoin halving,” Cointelegraph reported, citing an X post by crypto analyst HODL15Capital (@HODL15Capital). According to HODL15 Capital, the address is believed to have bought a total of 2,800 BTC in two

blockchain crypto cryptocurrency Bitcoin catch a cold (SpotedCrypto)

Is Bitcoin catching a cold?

BTC Wallet Net Outflows Increase...Selling Pressure Continues. “Looking at the trend of Bitcoin accumulation by wallet holdings, net outflows continued throughout April,” on-chain analytics firm Glassnode said in an official X report. Overall, this suggests that sell-side pressure is continuing.” Current BTC price is in line with the average

blockchain crypto cryptocurrency Bitcoin news hongkong crypto etf (SpotedCrypto)

Hong Kong crypto spot ETF sees $2.92 billion in net inflows on first day of launch, Bitcoin is in general correction in bull market Opinion

Bloomberg ETF analyst Eric Balchunas reports via X that “final data from the first day of Hong Kong's cryptocurrency spot ETFs are in. Hong Kong crypto spot ETFs saw total inflows of $292 million on the first day. Ethereum spot ETF inflows accounted for 15% of that total.