Crypto News [21 May 2024]

1) Bitcoin price surges past $70k as daily trading volume soars. Read more: https://t.co/9iNuMtcLbJ

2) Eight altcoins rally 10+% as volatility swings market. Read more: https://t.co/FPrDb20bd6

3) Analysts predict a likely surge in Ethereum prices before a deadline for a spot Ethereum ETF. They note that Ethereum has been well-supported around $2,900. If the ETF gets approved, it could push Ethereum's price back up to around $4,066 or even higher, despite investor caution. Read more: https://t.co/utYR73L64D

4) $XRP’s social dominance spiked, suggesting a rise toward $0.70. Technical analysis suggested a decline to $0.50 before the price can bounce. Read more: https://t.co/GUQ5OnSMD5

5) Twitter user Zack Morris launched a new coin that surged by more than 100% in the last 24 hours. Activity and volume on the Solana network also grew. Read more: https://t.co/80PTYHzNMh

6) Dogecoin’s price surged by more than 7% in the last 24 hours. $DOGE’s metrics and market indicators all leaned bullish too. Read more: https://t.co/1TDXIAwnK2

7) Global venture capital investment in crypto companies rose to $2.4 billion in the first three months of 2024, data showed on Monday, in a tentative sign that investor interest is returning. Read more: https://t.co/2h0WsoLOrl

8) The head of the crypto asset manager Grayscale Investments, Michael Sonnenshein, has stepped down. The New York investment firm has appointed a former Goldman executive to replace him as chief executive. Read more: https://t.co/9pBxYDq1oZ

9) A UK judge stated that Craig Wright lied "extensively and repeatedly" about creating Bitcoin. Read more: https://t.co/CQsUe3lZHI

10) DOJ charges two Chinese nationals in a $73m crypto scam. Read more: https://t.co/BTvC6RbRmr

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