Crypto Watcher
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πŸ”Ά Keeping an #EYE on the major news in the #CRYPTO Market

Cryptocurrency β†ͺ News Provider⚑

⚠️ Major Crypto News
πŸ—“ Market updates

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Global crypto headlines of the day:

Police have seized Do Kwon's $2.2 million apartment in Belgrade.

MetaMask has refuted rumors of funds being stolen due to a wallet exploit.

The Central Bank of England has successfully tested the use of blockchain technology for interbank transactions.

FTX lawyers: the exchange will be relaunched in the second quarter of this year.

A16z is working on an Optimism-based rollup client dubbed Magi.

Decentralized platform Space and Time has partnered up with Microsoft.

The OpenZeppelin Defender smart contract security platform has now integrated with the Base network.

Forty-two German associations and trade unions are urging the EU to tighten AI rules.
πŸ“ Since the US GOV requested proof of reserves. Binance appears to have ceased wash trade because there has been no volume since then.

Market makers will lower prices to the liquidity / demand levels.
🟠 CZ about meme coins.

β€œThere apparently are groups of people trying to buy accounts I follow, then issue meme coins. I unfollow and block them. Don’t get into those meme coins either. Understand the risks.”
πŸ“£ Binance has introduced Wrapped Beacon ETH (WBETH) on ETH Staking.

Binance is rebranding ETH 2.0 Staking to ETH Staking, and introducing Wrapped Beacon ETH (WBETH) on the ETH Staking service, effective from 2023-04-27 08:00 (UTC).

WBETH is a new liquid staking token, where 1 WBETH represents 1 BETH and the total staking rewards accrued by the BETH token on ETH Staking after 2023-04-27 08:00 (UTC).
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🏦 JP Morgan Acquires First Republic Bank Assets

US banking giant JP Morgan Chase is set to acquire all assets of First Republic Bank (FRC) after the California Department of Financial Protection and Innovation closed the troubled bank.

πŸ’Ό With $229.1 billion in assets and $103.9 billion in deposits, JPMorgan will assume all of FRC's assets, including uninsured deposits, and 84 FRC locations across eight states will reopen as JPMorgan Chase Bank branches.
🚨🚨 JUST IN : US πŸ‡ΊπŸ‡Έ to ban short-selling because of bank crisis says JP Morgan - The Times

The short selling ban of September 18th, 2008 marked the start of the panic collapse of the stock market.
Binance Will Move AMB, ARK, BTS, DREP, FTT, GFT, JASMY, LOOM, MLN, OAX, OMG, PERL, PNT, SNM, SRM, VGX, WRX, and YFII into the Innovation Zone on 2023-05-10

https://www.binance.com/en/support/announcement/2f420fa36bcd4fe89dc6855b857b7ea9

These coins can be delisted from Binance in future. So trade carefully #NFA
The number of transactions on the #Litecoin blockchain - on May 9 exceeded 576,000, which is a record

The number of active $LTC addresses and newly created addresses also reached a historical maximum on this day

This should be due to the fact that the Litecoin community has proposed the creation of the LTC-20 standard, emulating BRC-20 πŸš€
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πŸ’° Bitcoin fell to a level of $25700 after losing its $27000 support.

Expect a brief rally to $27500 resistance after these 8 consecutive red candles before another round of corrections.
πŸ›Upcoming eventsπŸ›

πŸ“ŒMay 16, US retail sales (Apr)

➑️- May 17, Crude oil inventories

➑️ May 17, Building permits

➑️May 17, BoE Gov Speaks

➑️On May 18, ECB President Speaks

➑️May 18, Initial jobless claims

➑️On May 19, Fed Chairman Speaks
🫠 The total amount of losses of cryptocurrencies as a result of "bad storage" is $ 120 billion!

Of these, $90 billion are bitcoins, 3 million of which are lost forever
πŸ“Š DXY breaks through major resistance, Now it's likely to hit the 105 level; As result bitcoin will fall below $25,000.
Bitcoin Miners Dump $55 Million Worth of $BTC

Bitcoin ($BTC) miners have sold some 2,000 coins worth around $55 million over a single 24-hour period,

Bitcoin miner reserves have dropped by more than 2,000 BTC over the past 24-hour period, suggesting miners – who help secure the blockchain and earn block rewards in return – have dumped $55 million worth of Bitcoin on the market.
❗️ Apple ID can steal crypto from your wallet

According to a study conducted by security agency DilationEffect, acquiring someone else's Apple ID can cause crypto to be lost from your wallet, as attackers can recover data and conduct theft.

Currently, there is an active use of this theft method by major criminal groups, and the total amount of stolen coins has already exceeded $10 million.

⚠️If you have a wallet installed on your IPhone, but the Apple ID is not yours, stop using it.
πŸ’° #LTC looks about to shit the bed😬

Crossing below the important confluence of 61.8% Fib + s/r trendlineπŸ”»

Btw the weakness in PA does make it even more bearish (bulls did not even manage for retest of the major supply this time)

Shorting if breakout below the mentioned confluence gets confirmedπŸ“‰
πŸ“’ Bitcoin Whale Alert!

A significant movement of 31,000 BTC has raised concerns about price momentum. Will this result in a BTC dump? πŸ‹πŸ‹

According to blockchain intelligence firm Arkham, a prominent trading firm transferred over $822 million worth of BTC to their cold wallets. Binance played a crucial role in facilitating this transaction.

Such whale movements can have a significant impact on the market, affecting buy/sell orders and potentially manipulating prices. Bitcoin is currently down 1.87% in the last 24 hours, hovering around $26,135.84 USD.

Let's analyze the market together and share insights! πŸš€πŸ“‰
TOTAL MARKET CAPITALIZATION ANALYSIS

Total market capitalization is moving in a long symmetrical triangle. Currently it has bounced off its trend line support. The RSI is in the oversold region and displays a bullish divergence.

The MACD crossover is showing a tightening phase. A solid break of the symmetrical triangle would confirm an expansionary move in the market.
Tokensale on Coinlist πŸͺ™
β €
Neon is an Ethereum Virtual Machine (EVM) on Solana that enables Ethereum compatibility with the Solana blockchain.

➑️ The sale begins June 8, 2023 at 5:00 PM and has one public option:

β€’ Offer: 50,000,000 tokens;
β€’ Allocation: $500;
β€’ Price: $0.10 per token;
β€’ Lock and Release: 100% unlocked on July 17, 2023;
β€’ Number of seats: 10,800 (that's assuming each participant drops in $500.

➑️ Test answers when registering:
1. 50,000,000
2. Users in the waiting room for the sale will
3. Neon is an EVM that allows Ethereum dApps to function within Solana
4. USDC, USDT
5. $0.10 per token, $500 max purchase amount
6. The user's purchase may be canceled
7. CoinList.co
8. The user's account will be terminated and all purchases will be canceled

➑️ Registration ends June 5th at 12:00 UTC: https://sales.coinlist.co/neon/
✨ Highlight Unlocks are $OP & #1NCH And Other major cryptos

$OP 9.0% - $618 m 🌟
#1INCH 16.7% - $100 m 🌟
$HBAR 2.5% - $67 m
$SUI 0.6% - $65 m
$NYM 2.5% - $5.0 m
$ACA 2.7% - $1.3 m
$GAL 0.3% - $0.8 m