Global #Bitcoin

Mt. Gox, the now-defunct crypto exchange, has initiated a transaction involving more than 75,000 Bitcoin (BTC), which is valued at around $5 billion. This transaction is significant as it represents the first movement of these funds in over five years, stirring reactions across crypto markets.

The recent approval of spot Ether exchange-traded funds (ETFs) by the SEC on May 23 didn't extend Ether's recent rally, which saw a roughly 25% increase last week. However, it's noteworthy that the regulatory green light didn't prompt a sell-off either, suggesting that bullish sentiment for ETH hasn't waned significantly.

Coinbase is mulling over the addition of Core (CORE) to its list of supported cryptocurrencies, a move that could strengthen the Bitcoin ecosystem.

In recent weeks, the leading cryptocurrency has seen increased volatility, surging from approximately $61,000 on May 14 to surpass $71,000 by May 21. However, this upward momentum was interrupted by a corrective phase, causing the asset to dip below the $67,000 mark on May 24.

The Bitcoin white paper has been re-uploaded to Bitcoin.org following Craig Wright's unsuccessful legal attempt to prove he is Satoshi Nakamoto, the pseudonymous creator of the protocol.

Ethereum's price is rising again, surpassing the $3,800 resistance level. Currently, ETH is consolidating around $3,850, with potential for a breakout above $4,000 soon.