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Biggest Movers: ADA Snaps Losing Streak as Nonfarm Payrolls Beat Expectations

Cardano ended a four-day losing streak on Friday, as markets responded to the latest U.S. nonfarm payrolls (NFP) report. Payrolls in May rose to 339,000, which was significantly higher than the expected sum of 190,000. Solana collided with a key resistance level in today’s session.

Cardano (ADA)Cardano (ADA) was one of Friday’s notable gainers, as the token snapped a key resistance level.ADA/USD rose by as much as 3% in today’s session, hitting an intraday high of $0.3777 as a result.This rally resulted in the 10-day (red) moving average crossing over its 25-day (blue) counterpart.Typically such an upwards crossover signals the start of a bull run, and it comes as the relative strength index (RSI) also rose considerably.At the time of writing, the index is tracking at 50.91, which is marginally below a resistance level at 52.00.In the event this ceiling is broken, there is a strong chance that ADA will move towards the $0.3800 mark.

Solana (SOL)
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:

• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.

DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.

🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
Elon Musk Sparks Controversy With Twitter Rate Limits — Censorship Expert Says Musk ‘Has Stepped on a Rattlesnake’

Social media giant Twitter has imposed limits on user accounts due to “extreme levels of data scraping and system manipulation,” said Tesla CEO and Twitter chief Elon Musk. The billionaire “has no idea the DARPA rattlesnake he just stepped on by doing this,” a censorship expert stressed, revealing that the U.S. censorship industry needs to “scrape hundreds of millions of tweets” in order to “build their social media censorship death star.”

Twitter Imposes Rate Limits Citing ‘Extreme Levels of Data Scraping’Tesla CEO and Twitter chief Elon Musk has stirred up controversy by implementing temporary rate limits on the number of tweets users can read daily. The billionaire explained in a tweet on Saturday that these limits were introduced to combat excessive data scraping and system manipulation on the social media platform.

Verified Twitter accounts can read up to 6,000 posts per day, while unverified accounts are limited to 600 posts, and new unverified accounts can only read 300 posts per day, according to Musk’s initial announcement. The Tesla boss further tweeted that the rate limits would soon be increased to 8,000 for verified users, 800 for unverified users, and 400 for new unverified users. Subsequently, the billionaire stated that the limits would be further raised to 10,000, 1,000, and 500 respectively.
CryptoMinerBros Celebrates Five Years of Building the Future in the Crypto Mining Community

August 7, 2023 – Kowloon City, Hong Kong

Founded in August 2018 and headquartered in Hong Kong, Crypto Miner Bros has become one of the leading crypto mining hardware distributors within five years of its launch.With a dedicated team of blockchain experts, e-commerce specialists and crypto mining professionals, Crypto Miner Bros has become a reputable name in the crypto mining industry.

Crypto Miner Bros has built an incredible mining community that wholeheartedly believes in the company’s vision of making crypto mining accessible to everyone.
Crypto Tycoon Bankman-Fried Seeks Release From Jail Over Trial Prep and Laptop Complaints

Attorneys for fallen cryptocurrency tycoon Sam Bankman-Fried are requesting his temporary release from a Brooklyn jail, arguing that limited access to trial evidence and computers is impeding his ability to prepare his defense.

Sam Bankman-Fried’s Lawyers Urge Temporary Release Amid Trial ChallengesIn a letter to federal judge Lewis Kaplan filed Friday, Bankman-Fried’s lawyers Mark Cohen and Christian Everdell claimed the FTX founder is unable to adequately review discovery materials on the provided laptop and internet connection at the Metropolitan Detention Center. “Mr. Bankman-Fried was only able to load one document from the database to review,” the letter states. The attorneys further wrote:

Effectively, Mr. Bankman-Fried had no access to the internet for the entire 5-hour period.
Crypto Analyst Tone Vays Issues Bitcoin Alert, Warns Traders Not To ‘Go Crazy’ As BTC Soars by 10% This Week

Veteran crypto trader Tone Vays is predicting that Bitcoin’s (BTC) latest rally will end before reaching a key level.

In a new strategy session, Vays tells his 122,000 YouTube subscribers that despite BTC’s 10% surge this week, he does not believe the king crypto will hit the $32,000 level.
Web3 Gaming Accelerator ICC CAMP by ABGA Officially Launches in Hong Kong with Opportunities for…

ICC Camp invites venture capital corporations, chain ecosystems, CEX/DEX ecosystems, gaming professionals and developers, media representatives, player communities, and other groups interested in the Web3 gaming ecosystem to join as founding partners. The objective is to collectively build ICC Camp, which is committed to cultivating and empowering future entrepreneurs in the Web3 gaming industry.

Paving the way for the Web3 industry into mainstream markets, the ongoing development of Web3 games continues to captivate public attention, drawing a substantial influx of non-industry players and user traffic. The evolution of Web3 games is not only a focal point for native Web3 professionals but also a strategic breakthrough eagerly anticipated by traditional game entrepreneurs.
Ark Invest CEO Expects Spot Bitcoin ETFs to Attract ‘Substantial’ Institutional Flows, Pushing BTC ‘Much Higher’

Ark Invest CEO Cathie Wood expects spot bitcoin exchange-traded funds (ETFs) to move the price of bitcoin “much higher.” The securities regulator is expected to make a decision on spot bitcoin ETFs by Wednesday. “We think that the SEC approval, should we and others get it, is a green light for institutions. We’ve been talking to quite a few of them, and they’re much more interested now that the SEC effectively is paving the way,” the executive shared.

Cathie Wood on Potential Spot Bitcoin ETF ApprovalsThe CEO of Ark Investment Management, Cathie Wood, shared her view on the potential spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC) in an interview with CNBC Monday. Her firm’s joint proposal with 21shares is up for a decision on Wednesday, the first deadline for spot bitcoin ETF applications this year.
Solana Price Shakes Off 5-Hour Network Outage, Makes Epic Comeback Above $100

Solana (SOL) token holders have something to smile about today. SOL is showing strength, rebounding above the $100 level after a five-hour network outage two days ago had investors worried that a deeper pullback would follow.

SOL’s price recovery is in tandem with a crypto-wide rally, with Bitcoin, the oldest and largest cryptocurrency, gaining over 5% over the past 24 hours to top $45,000.

SOL Pushes Back Above $100Solana’s SOL token is on a tear today. SOL, which had slumped below $94 after a major network outage on February 6, has since recovered all that loss.

The bounce is especially notable for SOL investors, serving as a breath of fresh air after the network suffered an approximately 5-hour outage on Tuesday, which one blockchain validator described as “performance degradation.”
Arbitrum (ARB) Sees 23% Price Drop Following $2.32 Billion Unlock, Whales Move $57 Million

In the ever-evolving world of cryptocurrency, significant token unlocks can ignite substantial market movements and investor responses. Arbitrum (ARB), a prominent player in blockchain technology, recently unlocked a substantial 1.1 billion tokens valued at $2.32 billion as of March 16.

This unlocking event, intended to distribute tokens among Arbitrum’s team, advisors, and investors, has sparked a flurry of activity within the market.
Franklin Templeton Spot Ether ETF Added On DTCC Website, Fueling Hopes For SEC Approval

Franklin Templeton’s proposed spot Ethereum exchange-traded fund (ETF) has been listed on the Depository Trust & Clearing Corp.’s website with the ticker symbol EZET. This development indicates a possible signal that the U.S. Securities and Exchange Commission (SEC) could greenlight the ether ETFs.

Franklin Templeton’s Ether ETF Launched On DTCCThe Franklin Ethereum TR Ethereum ETF (EZET) is now listed on the DTCC — a key platform for securities transactions in the United States.

The Depository Trust & Clearing Corp.’s website’s “Create/Redeem” column lists EZET, signifying its availability for creation and redemption. The listing marks a preliminary step in the trading process, but it does not guarantee that the SEC will approve the spot Ethereum ETF.
Ethereum And Uniswap Maintain Their Hold As BlockDAG’s Innovative Approach Aims For The Moon

Ethereum and Uniswap continue to dominate as familiar powerhouses, but a new contender, BlockDAG, is rapidly gaining attention. Let’s dive into what makes these three projects stand out and why BlockDAG could be the next big investment opportunity in crypto.

Ethereum’s Continued Market DominanceEthereum remains a cornerstone of the blockchain world, primarily due to its pioneering role in smart contracts. With a recent price increase to $3,200 and a high total value locked (TVL), Ethereum is showing no signs of decline. Recent network upgrades have stimulated more activity, potentially driving Ethereum’s value even higher and solidifying its appeal to investors.
BTC Can Hit $100,000 Soon and $150,000 If Trump Wins, Predicts Standard Chartered

Standard Chartered, the British financial institution, claims bitcoin can hit $100,000 by November and surge to $150,000 if Donald Trump wins the US presidential election. Analysts for the institution feel Trump’s siding with the crypto industry is a bullish factor, and as the US heads toward the election in November, BTC will reach the six figures.

Trump’s anti-crypto rhetoric from his last term has changed this time as he takes a pro-crypto stance going into the election. This past week, he stated he would be “the crypto president.” He also promises that his Republican-led government would favor the crypto industry’s development with suitable laws, wanting to put the US’s crypto ecosystem ahead of any other country’s.
Get your FREE Entry NFT for Crypto: The Game!

Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).

Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!

Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration

Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.

The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!

The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.

Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period

Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.

To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
North Korean Hackers Lazarus Group May Be Behind $305,000,000 DMM Bitcoin Attack, Says On-Chain Researcher

The North Korean hacking outfit, Lazarus Group, could be responsible for the cyber attack on a Japanese crypto exchange in May that led to the loss of Bitcoin (BTC) worth hundreds of millions of dollars, according to an on-chain sleuth.

Pseudonymous blockchain investigator ZachXBT tells his 610,500 followers on the social media platform X that cybercriminals have laundered over $35 million of the $305 million stolen from DMM Bitcoin on the Asia-based online marketplace Huione Guarantee.
Worldcoin Jumps by Over 25% in Hours As Lock-Up Period for WLD Investors Extended

Artificial intelligence (AI)-based privacy project Worldcoin (WLD) is seeing a huge jump in price after the lock-up period for investors extends.

In a new blog post, the developers behind the altcoin say that early investors and team members will have to wait two years longer to have their locked tokens allocated to them.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager

A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.

Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.