The US Securities and Exchange Commission approved nine spot Ether exchange-traded funds, marking a significant win for the crypto industry.

Major financial companies like BlackRock, Fidelity, and Grayscale amended their filings to gain approval, excluding provisions for staking.

AI cryptocurrencies such as Near Protocol (NEAR), Render (RNDR), and The Graph (GRT) are gaining momentum, offering innovative solutions in digital content creation and blockchain indexing.

Despite positive news, the crypto market saw mixed reactions: Bitcoin dropped 2%, while Ether rose 1% on the day of the announcement.

Analysts recommend caution and a solid strategy for high-risk crypto investments, but also highlight the potential for growth in AI coins.

Nvidia announced a 10-for-one stock split, causing a surge in its share price and potentially attracting more retail investors.

The stock split, set for June 7, aims to make Nvidia stock more accessible and could lead to market outperformance and inclusion in the Dow Jones Industrial Average.

Bitcoin is currently experiencing a price drop, but one analyst predicts a rally that could push it to $80,000 by the end of May and potentially $95,000 in June.

Ethereum has been outperforming Bitcoin, adding 25% in mid-May 2024, with speculation about SEC approval of spot Ethereum ETFs driving capital to ETH.

The analyst warns of a potential market slowdown if the SEC unexpectedly rejects all proposals, noting that sentiment and the influence of DeFi and NFTs will be crucial for price movements in the crypto market.