Cryptoz
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When linked to the November ATH market, the spot price of #Bitcoin finds support at the level of the Fibonacci correction of the golden section -61.8%, which is currently at the level of 26.2 thousand dollars.

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Coinbase has released a video about the evolution of money.

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According to DappRadar, in the 22 days since the launch of Blur Blend, the total amount of loans has grown from 4,200 ETH to 169,900 ETH, which is 82% of the total volume of NFT lending. The Azuki collection accounts for 6,455 credits, with a volume of 70,031 ETH.

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Circle has launched Euro Coin (EURO) on Avalanche.

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Africa leads in the number of Google searches for "bitcoin mining"

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Trading volumes on crypto exchanges are at their lowest level since 2020.

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Top 10 NFT platforms by trading volume in 7 days.

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DCGco Closes a Subsidiary Providing Crypto-Institutional Services on May 31
Due to the state of the economy as a whole and the long crypto winter, as well as the complex regulatory environment for digital assets in the US, we have decided to cancel the side of the institutional business trading platform," a DCG spokesperson told the publication.

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Dispersion Capital, an early-stage investment venture firm, has created a $40 million fund for startups working on infrastructure for Web3 projects.

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Ledger Live integrated Arbitrum

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CHART: Bitcoin history repeats?

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The Beijing authorities have published a "White Paper on Innovation and development of Web3", according to the local newspaper The Paper.

According to the document, the capital of China plans to become an international innovation center of the digital economy.

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🔝 Top blockchains by the number of transactions in the last 7 days.

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Biden and McCarthy have reached an agreement on the national debt! (Bloomberg)

- Representatives of the White House and Republicans have reached a preliminary agreement on raising the US debt ceiling!

- At the moment, the US national debt is $31,400,000,000,000!

- The vote in the House of Representatives will be held on Wednesday (May 31).

- The agreement assumes a reduction in spending for 2 years, in 2025 a similar scenario is expected when the Ministry of Finance starts running out of money.

🔥 Representative of the Republican Party Bob Goode:
- I heard that the “deal” is concluded with an increase in the debt limit by $4,000,000,000,000!
- If this is true, no one calling himself a conservative can vote "FOR" this agreement.

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The best coins by price growth over the past week.

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Bitcoin loves debt limit increases.

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Bali prohibits tourists from using cryptocurrency!

Governor of Bali:

▫️ Foreign tourists using cryptocurrency as a means of payment violate the laws and will be severely punished.

▫️ Measures against violators: Deportation, administrative sanctions, criminal punishment, etc.

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Coinglass: Sold LONG and SHORT positions for $130,470,000 (in 24 hours)

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According to tokenunlocks, 3.6% of Optimtism tokens worth $258 million will be unlocked this week. In addition, 1 inch tokens worth $101 million and Sui tokens worth $64.7 million will be unlocked this week.

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Ethereum is the leader as an L1-level blockchain with a 70% share in DeFi and 54% in NET

in 1Q 2023, ETH almost equaled Visa in terms of processed transaction volume ($3.01 trillion vs. $3.08 trillion, respectively)

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The seventh proof of reserves was published by the OCX: users' bitcoin assets decreased by 5,264 BTC (4.1%) compared to April. The assets of users in Ethereum decreased by 157,000 ETH (12.3%), the assets of users in Tether increased by 185 million USDT (4.3%).

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