Uniswap Postpones Protocol Upgrade Vote; UNI Tumbles 9%
The “fee-switch” vote was supposed to take place today.
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U.S. Sen. Wyden: House ‘Right’ to Pursue Crypto Bill, Late in Session for More Progress
The Oregon Democrat has been among his party’s crypto sympathizers in the Senate, and he said there’s “a long way to go” after this early burst of crypto momentum in Washington.
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Bitcoin Breaks to Low End of Trading Range, but June Data Could Be Next Catalyst
Barring a big late move, May will still go down as a strong month for the world’s largest crypto.
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Japanese Crypto Exchange DMM Bitcoin Suffers $305M Hack
Measures have been taken to prevent further unauthorized outflows, the exchange said.
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Bybit Confirms Executive Shake Up After Notcoin Deposit Delays
Notcoin issued $32 million in compensation to 320,000 impacted users.
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Tether Buys $100M Worth of Bitdeer Shares With Option to Purchase $50M More
Bitdeer intends to use the proceeds to fund its veri center expansion and ASIC-based mining rig development
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First Mover Americas: Crypto Market Flat Ahead of U.S. Inflation Data
The latest price moves in crypto markets in context for May 31, 2024.
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Crypto Bettors Lay 17% Odds on Donald Trump in Jail Before Election Day
Gamblers have placed almost $900,000 in bets on the “Trump in jail before election day?” market on the predictions application Polymarket.
Financial
Bitcoin’s Short Term Momentum Flips Bearish; Support Under $65K
The 50-day simple moving average marks major support at $64,870.
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Bitcoin Is Still Strong, but Macro Factors Pose Risk, Crypto Analyst Says
Hardening government bond yields post a risk to risk assets, including cryptocurrencies, one crypto observer said.