Global #cryptocurrency

Montenegro recently hosted a meeting between its authorities and representatives from the US Securities and Exchange Commission (SEC) to address concerns regarding Do Kwon, the founder of Terraform Labs, responsible for the UST algorithmic stablecoin and crypto asset LUNA's fluctuations.

Recent speculation about the potential insolvency of the cryptocurrency exchange Bybit has caused widespread concern within the crypto community, leading to increased anxiety and conjecture.

On May 21, 2024, Ethereum exchange-traded funds (ETFs) in Hong Kong witnessed a surge in daily inflows, marking their highest since their launch on April 30.

On May 22, 2024, Brian Kelly, a prominent figure in the crypto investment realm and a trader on CNBC's 'Fast Money', suggested that Solana (SOL) could potentially become the next cryptocurrency featured in a spot exchange-traded fund (ETF) in the United States.

Despite Nvidia's strong first-quarter earnings report, the prices of AI-related cryptocurrency tokens experienced a brief downturn, defying expectations of crypto traders.

The possibility of an Dogecoin (DOGE) exchange-traded fund (ETF) is being revisited, influenced in part by the optimistic outlook regarding the potential approval of Spot Ethereum ETFs. Crypto analysts speculate that the approval of such ETFs could serve as a precedent for the introduction of additional cryptocurrency funds.