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- 2024-05-31
2024-05-31
Fernando Fierro
May 31, 2024
Howdy folks,
😯📈 Caitlyn Jenner has made a significant splash in the crypto world, earning $405K by launching 12 memecoins in just four days.
Using 1.3 SOL ($221) to buy 44.56 million of her $JENNER token, she sold them for 253 SOL ($43K). On May 30, Jenner announced the launch of $JENNER on Ethereum, despite the previous token's drop on Solana.
In other news:
🌍🏢 Bitcoin miner Ocean Mining is moving its headquarters to El Salvador, a nation striving to become a Bitcoin business hub. The relocation aligns with El Salvador’s crypto-friendly policies, which have also attracted attention from prominent investors like Cathie Wood.
Ocean Mining aims to bolster BTC mining transparency and create new opportunities in the region.
⚖️📑 Ripple is doubling down in its ongoing SEC lawsuit, fighting to keep its financial data private. The SEC wants this information to justify a potential $2 billion penalty, but Ripple argues it could expose sensitive business details to competitors.
Meanwhile, Coinbase's resumption of XRP trading adds a twist, potentially boosting Ripple’s defense.
📝🔄 BlackRock has filed an updated S-1 registration statement for its proposed Ethereum ETF, marking a major step forward. The new filing includes details on seed funding and management fees, moving closer to potentially launching ETH ETF trading.
Experts are optimistic, predicting trading might start as early as late June, which could reshape the market landscape.
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