🇺🇸 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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📊 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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📊 Meanwhile, trading volumes on the CEX reached $2 trillion!!

And this is equivalent to the volumes of November 2021 - when the market reached the highs of the last bullrun 🚀

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⚡️⚡️ BREAKING: Nilam Resources Plans to Buy 24,500 💰Bitcoin

South American gold and precious metals producer Nilam Resources announced that it plans to purchase 24,800 Bitcoins (approximately $1.7 billion).

🔗 link

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The latest report from S&P Global Market Intelligence reveals the world's top 50 largest banks by consolidated assets, highlighting the significant growth of Chinese banks:

🇨🇳 Industrial and Commercial Bank of China — $5.7tn
🇨🇳 China Construction Bank — $5.0tn
🇨🇳 Agricultural Bank of China — $4.9tn
🇨🇳 Bank of China — $4.2tn
🇺🇸 JPMorgan Chase & Co — $3.7tn
🇺🇸 Bank of America — $3.1tn
🇯🇵 Mitsubishi UFJ Financial Group — $3.0tn
🇬🇧 HSBC Holdings — $2.9tn
🇫🇷 BNP Paribas — $2.9tn
🇫🇷 Crédit Agricole Group — $2.5tn

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The US Attorney for the Southern District of New York, and the Acting Special Agent in Charge of the New York Field Office of Homeland Security Investigations, criminally charged KuCoin and two of its founders with bank secrecy act and unlicensed money transmission offenses, alleging they helped grow the exchange into one of the largest crypto exchanges globally. Furthermore, the founders affirmatively attempted to conceal the existence of KuCoin’s US customers.

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⚡️⚡️⚡️⚡️⚡️⚡️ FTX founder Sam Bankman-Fried (SBF) sentenced to 25 years in prison.

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The selfless legend of Satoshi Nakamoto

Clip by Bit Intelligence

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