Ethereum Melts Faces on back of SEC Policy Shift

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Top Stories

BTC $71,300(+6.5%) | ETH $3,810 (+23.2%) | SOL $180 (+1.7%)

• Senior ETF Analyst for Bloomberg, Eric Balchunas updates the odds of an Ethereum ETF approval to 75% after SEC asks applicants to update filings on an "accelerated basis" ahead of deadlines this week

• DeFi TVL surpasses $100B for the first time since May 2022

• Spot Bitcoin ETFs record their fourth consecutive day with over $200M of net inflows

• CryptoPunks announce Super Punk World, a 500 supply collection by "Punk in Residence", Nina Chanel, and receive massive pushback from the community

• Later, Garga walks back plans for the mint, changes the mechanics to an airdrop for Nina's SuperCoolWorld holders, and states that "Yuga will no longer touch punks"

• Gala Games gets hacked for over $21M as an exploiter minted 5 billion additional $GALA tokens and sold them in 100 ETH clips before being blacklisted

• Art Blocks overhauls their website and announces the launch of their first "Studio" project, "Misbah" by Melissa Wiederrecht, which mints today at 1PM EST

• Binance releases primer on Runes, leading to speculation on future listings

• Bridging protocol DeBridge releases details and tokenomics for their $DBR token

Top Movers

Upcoming Mints

Today:

• Misbah by Melissa Wiederrecht (ETH)

  • Supply: 55

  • Price: 0.05 ETH

  • Time: 1 PM EST

• Scrips (BTC)

  • Supply: 2,000

  • Price: 0.002 BTC

  • Time: 4 PM EST

This Week:

• 5/22 Summoning (ETH/BASE)

• 5/23 "Climbing Through my Brain" Brain Drops (ETH)