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Decrypt 2024-05-21 16:17:35

FOMO HOUR 121 - ETHEREUM GOD CANDLES!

ETH ETF suddenly seems likely, flurry of amendments. ETH biggest daily gain ever, gains SOL market cap. ETF approval shifted due to political pressure. ETF approval may come as soon as tomorrow. Squeeze liquidates $230M of shorts. ETH OI hits record of $14B on exchanges. BTC nears ATH amid 6th straight day of ETF inflows. SOL flips ETH in Google search trends. House Democrats will not whip against crypto bills. Anti-crypto FDIC chair Gruenberg to step-down. Grayscale CEO steps down, ETHE discount narrows. Genesis settles for $2B with creditors. Binance to focus launchpad on higher float projects. SEI v2 launch coming next week.

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