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Uniswap v2 Pools See Decline on Layer 2 Networks As Ethereum's Layer 2 (L2) solutions gain traction due to lower transaction fees, Uniswap v2 pools have become more popular than those on the Ethereum mainnet. This shift is particularly evident on Base, Coinbase's L2 solution, which accounts for over 95% of all L2 transactions.

Ethereum ETFs Approaching Full Approval by September Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), indicated that the final steps to approve ether-based exchange-traded funds (ETFs) are nearly complete. During a budget hearing, Gensler mentioned that the registration details are the last hurdle, with the process moving smoothly at the staff level.

Whale Accumulation Fuels Market Optimism Recent whale activity surrounding Pepe Coin (PEPE) has captured the market's attention amid a period of turbulence. A significant acquisition by a whale, totaling 256 billion PEPE coins, suggests potential bullish momentum for the cryptocurrency. This transaction, valued at approximately $2.9

Robinhood to Acquire Bitstamp for $200 Million Trading platform Robinhood has announced its intention to acquire the U.K.-based crypto exchange Bitstamp for $200 million in cash. The deal, expected to close in the first half of 2025, marks a strategic move by Robinhood to expand its crypto presence globally and attract institutional clientele.

Amsterdam, 3th of June, 2024 ICONOMI, one of the leading UK trading platforms for managing cryptocurrency assets, recently acquired Triaconta, enabling the latter to further develop and grow in The Netherlands and wider EU market. With this, ICONOMI has become one of the few crypto platforms that meets strict requirements both in the UK market and the Netherlands.

Latest News and Developments in the Crypto Market - May 2024 The cryptocurrency market witnessed significant developments in May 2024, driven by major institutional movements, regulatory discussions, and evolving political landscapes. Here's a comprehensive overview of the most important updates and trends: 1. NYSE's Potential Crypto Trading Expansion At Consensus 2024 in Austin, Texas, NYSE President Lynn Martin expressed interest in offering cryptocurrency trading if there was clear regulatory guidance.

On the first of June, 2024, the ICONOMI app will be temporarily removed from the Apple App Store. As it currently stands, Apple is preventing us from making critical updates on iOS and will be temporarily removing our application from their App Store.

Solana (SOL) has seen a price increase of 3.04% in the past 24 hours, reaching $171.76. This uptick comes amid a challenging period for the broader crypto market. The positive price movement coincides with the recent approval of the SIMD-0096 proposal by Solana validators.

SEC Approves Exchange Applications to List Spot Ethereum ETFs The U.S. Securities and Exchange Commission (SEC) approved the applications from Nasdaq, CBOE, and NYSE to list exchange-traded funds (ETFs) linked to the price of ether. This landmark decision signals a significant victory for both the firms involved and the broader cryptocurrency industry, which had anticipated rejection just days prior.