Global #cryptocurrency

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.

A bill known as the Financial Innovation and Technology for the 21st Century Act (FIT21), spearheaded by Republicans, has cleared the House and is on its way to the Senate for further consideration before potentially reaching President Joe Biden's desk.

Nigeria's National Information Technology Development Agency (NITDA) has announced the restructuring of the National Blockchain Policy Steering Committee (NBPSC) to review the policies governing the implementation of the country's National Blockchain Policy.