๐Ÿšจ๐•†๐”พ ๐Ÿšจ CRYPTO CAFFEINE
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โ€ผ๏ธ Volatility Alert

โš ๏ธ Be careful for the coming week.โš ๏ธ

๐ŸŸข Biden can veto SAB 121 senate decision to protect #crypto
๐ŸŸขSEC can deny the $ETH ETF

โš ๏ธ Donโ€™t get liquidated

๐Ÿ†˜ Be prepared for even more volatility.๐Ÿ˜ฑ
๐Œ๐š๐ฒ ๐Ÿ๐Ÿ‘ ๐๐ข๐  ๐ƒ๐š๐ฒ ๐Ÿ๐จ๐ซ ๐„๐ญ๐ก๐ž๐ซ๐ž๐ฎ๐ฆ ๐’๐ฉ๐จ๐ญ ๐„๐“๐…

โžฌ In January, a five-commissioner panel was set up, where three people, including Gary Gensler, approved the #BitcoinETF with a 3-2 vote.

โžฌ This week, the same five-commissioner panel will vote on VanEck's Ethereum ETF on May 23rd.

โžฌ Gary's stance on Ethereum has not been friendly, he always says Ethereum is a Security.
BITCOIN WHALES WITHDREW 15,670 BTC WORTH $1.04 BILLION FROM COINBASE PRO LAST WEEK
Analysis of the effectiveness of 31 cryptocurrencies ๐Ÿ‘‡

Analysis of cryptocurrencies that have been listed on Binance over the past 6 months.

Based on statistics, it turns out that only 5 tokens have increased in price compared to the time of their listing.

If you invest in each of the recently launched tokens on Binance, with the participation of top venture investors, then such a portfolio will be at a loss of -18% .
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Bitcoin Spot ETF Flow - 20th May 2024

- Net inflows for all the Bitcoin ETFs; +$237.2M

- Grayscale had an inflow of +$9.3M
Fidelity Amends Spot Ethereum ETF S-1 Filing, States The Trust's Ether "Will Not Be Staked".
THE FIDELITY ETHEREUM FUND SAYS THE TRUSTโ€™S ETHER WILL NOT BE STAKED - SEC FILING
JUST IN: ๐Ÿ‡ฌ๐Ÿ‡ง Bitcoin and Ethereum ETPs approved for listing on the London Stock Exchange.
GOLDMAN NOW SEES US DEBT-TO-GDP RATIO HITTING 130% BY 2034 VS 97% PRIOR FORECAST
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๐Ÿ†˜ Over 32m ETH is locked up for staking. That's 27% of ETH's total supply. At current prices, that's $121b
Morning market condition

The market is positive today, most alts are green. BTC is trading around $68,600, ETH is trading around $3,740.

Bitcoin dominance: 54.34%;
Fear and Greed Index: 76 (extreme greed);
Altseason index: 35;
Market capitalization: $2.48 trillion.
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The total market capitalization of #Crypto is consolidating after a 25% correction.

This correction entails a 50-70% correction on Altcoins.

Probably some more consolidation before a clean break of the all-time high.
#Bitcoin is becoming an important issue for this US Presidential Elections

I donโ€™t think people realize how insane and bullish that is

I never thought presidents would already talk positive about #crypto in 2024

Neither did I expect the biggest banks and hedge funds to buy $BTC

Crazy cycle
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JUST IN: ๐Ÿ‡บ๐Ÿ‡ธ Donald Trump says "I will keep Elizabeth Warren and her goons away from your Bitcoin

And I will never allow the creation of a Central Bank Digital Currency (CBDC)"