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Cryptocurrency Inside
⚠️ Crypto News
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According to the data, Bitcoin hit new all-time highs with trade volumes reaching $51bn.

Despite some profit-taking, liquidity on exchanges remains strong, reflecting robust market demand.

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After the 🔵 Ethereum Dencun upgrade this week, EIP-4844 will reduce L2 gas fees.

According to IntoTheBlock statistics, for a DEX swap, the gas fee for #Aribitrum will be reduced from $2.02 to $0.4, #Optimism will be reduced from $1.42 to $0.28, #Base will be reduced from $0.58 to $0.01.

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Good Morning @Cryptocurrency_Inside 👋

State of the Market:
🥇BTC - 73053$
🔵ETH - 4062$
📊SPX - 5175$

Our community is growing and there are a lot of new members.
Show your activity if you like the content and news
.

Put - ❤️ and let's start the day

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🥇 Bitcoin hits new ATH
73,500$


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🌟 Ethereum's Dencun Update Arrives Today: Why It's a Game Changer 🌟

In just a few hours, the Ethereum network will undergo a significant upgrade with Dencun, an event poised to drastically reduce the costs of Layer-2 transactions. 🚀

Dubbed Dencun, this update incorporates nine Ethereum Improvement Proposals (EIPs), aimed at enhancing both the execution layer and the consensus layer for greater efficiency, scalability, and security. 💼

At the heart of the update is EIP-4844, which introduces "ephemeral data blobs," playing a crucial role in slashing fees for Layer-2 by boosting data availability. 👍

Before Dencun: 😑
- ETH: 18.75 USD
- ARB: 2.02 USD
- OP: 1.42 USD
- BASE: 0.58 USD...

After Dencun: 🙂
- ETH remains at 18.75 USD
- ARB drops to 0.40 USD
- OP goes down to 0.28 USD
- BASE falls to just 0.01 USD

This update represents a pivotal moment for Ethereum, promising a future where transactions are not only faster but also more affordable for users worldwide. 🌍 Let's dive into the Dencun era, where efficiency, scalability, and security take the forefront in the ever-evolving landscape of blockchain technology. 🛠️

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⚡️ Elon musk is calling US dollar 💵 a shitcoin

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Let's drive towards a sustainable future together! 🚀🌏
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🇺🇸 President Biden says "we have the lowest inflation rates of any country in America."😳 🤡

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JUST IN: Craig Wright is not the creator of 🥇 Bitcoin and he’s not Satoshi Nakamoto, Judge rules.

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JUST IN: 🇸🇻 El Salvador President Nayib Bukele says the country transferred its Bitcoin to a cold wallet and is holding it in a physical vault within national territory.

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📊 More than $1.2 billion has been liquidated in the last two days.

Longs: $890,38M

Shorts: $312,99M


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💰 Standard Chartered: Ethereum spot ETFs could still be approved on May 23rd.

If approved, Ethereum spot ETFs could generate inflows of up to $45 billion in the first 12 months.

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$30 billion RIA platform Carson Group Vice President: We're seeing advisors allocate 3.5% of client households to spot 💰Bitcoin ETFs 👀

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💰 MicroStrategy bought 9,245 BTC for $600 million

The company completed the placement of convertible bonds for $603.75 million. The proceeds were used to purchase Bitcoin between March 11 and March 18.

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The Ethereum Foundation, the Swiss NPO behind the Ethereum ecosystem, is under investigation by an unnamed "state authority," according to the group's website's GitHub repository. The scope of the investigation and its focus remain unknown at the present time.

An attorney familiar with the situation said a Swiss regulator may have served a document request to the Ethereum Foundation, and may be working with the US SEC.

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The Fed kept the interest rates unchanged at 5.5% in line with consensus estimates.

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🇺🇸 The US government made 2.4 X on 💰BTC

CryptoQuant CEO announced that the US government is holding 210,392 BTC seized from all sorts of criminals and these assets are currently making an unrealized gain of x2.4.

Their value exceeds $14 billion.

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JPMorgan analysts asserted Bitcoin is still in "overbought territory" even after its recent correction, suggesting further potential drops.

They cite limited unwinding in futures positions and maintain that ongoing profit-taking, especially with the upcoming halving, could continue to pressure prices.

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⚡️⚡️⚡️⚡️⚡️⚡️ Self-custody is now illegal in EUROPE !

Any cash payment above €10,000 will become illegal, while also anonymous cash payments above €3,000.

Payments made in cryptocurrencies will be prohibited through unidentified wallets. This includes any self-custody wallet provided by mobile, desktop, or browser applications.

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