Morning Bulletin - 21.05.2024

Grayscale Investments CEO Michael Sonnenshein has resigned and has been replaced by Peter Mintzberg of Goldman Sachs. Mintzberg will take office on August 15, during which time CFO Edward McGee will temporarily take over as CEO.

Bitcoin spot ETFs in the US closed yesterday's trading day with a positive result for the 6th time in a row, closing yesterday's trading day at a plus of $241 million.

At the time of writing, Bitcoin (BTC) is trading at $71,091 and Ethereum (ETH) is trading at $3,647.

The fear and greed index is at the greed level with “70”.

Important developments during the day:

Chiliz (CHZ): Dragon8 fork will take place.

General Market Activity: US Treasury Secretary Janet Yellen will deliver a speech.