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Major events in May compiled by WuBlockchain editors include the soon-to-be-released FED FOMC, the US CPI in April, the Hong Kong Bitcoin Asia Conference, and the SEC’s final decision on the ETH SPOT ETF. Unlike April, the conclusion of these events in May has been largely…This week's meeting, which includes a press conference by Powell, comes after economic data revealed a drop in consumer confidence and continued wage pressures.
The SEC is anticipated to respond to VanEck's ETH spot ETF application on May 23, followed by the BTC spot option ETF application on May 29.about 9% on Wednesday, marking its worst monthly performance in April since late 2022, as investors yanked money out of cryptocurrency. Bitcoin fell to an intraday low of $56,500, extending its losses into the second day from highs of $64,727. Bitcoin fell about 16% in April, as enthusiasm for U.S.