🇭🇰 Opening ceremony of Hong Kong spot #Bitcoin & Ethereum ETFs 😀 👏

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💡💡💡: BlackRock hosts 🥇Bitcoin investing conference with industry leaders at its headquarters.

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⚡️⚡️⚡️⚡️⚡️⚡️
CZ, the founder of Binance has been sentenced to 4 months in prison.

⚫CZ's lawyers were asking for house arrest or probation period
⚫DOJ attorneys were asking for 3 years
⚫US Probation Department was recommending 5 months

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🥇 Bitcoin and a handful of altcoins were down around 7%-10% over the last 24 hours. Here are several factors:

1. Several macro data is being released this week and had investors spooked. Particularly, there is a declining probability of US interest rate cuts this month, and rumors of possible rate hike considerations

2. Over the last 24 hours, 115,804 traders were liquidated for a whopping $387.91m.

3. US Spot BTC ETFs saw an outflow of $161m yesterday

4. Hong Kong’s Bitcoin and Ether ETFs failed to meet expectations

5. RSI divergence indicators suggest a bearish trend, as it was in the "overbought" area during the US BTC ETFs launch

6. More BTC miners approach shutdown levels amid price drop below $57,000

It is important to note that during the 2015-2017 bull market, over 13 different 20% pullbacks occured. Price swings are quite normal and sometimes good for the markets.

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📁 Equity options volume in 🇮🇳 India has nearly hit $40 billion, absolutely destroying the United States and the rest of the world

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⚡️⚡️⚡️⚡️⚡️⚡️: 📊 World central banks' net gold purchases set a new record in Q1 2024.

Global central banks bought 290 tonnes of gold in the first quarter above the previous all-time high of 286 tonnes seen in Q1 2023.

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Donald Trump says "Biden doesn't even know what" crypto is and if you like crypto you "better vote for Trump."

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JUST IN: 🇺🇸 President Joe Biden claims inflation was 9% when he came into office.

Inflation was actually 1.4% when Biden took office in January 2021.

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💡💡💡: 🇺🇸 Donald Trump promises major tax cuts for all Americans if elected president. 

"Instead of a Biden tax hike, I'll give you a Trump middle class, lower class, business class, big tax cut. You're gonna have the biggest tax cut."

🤝 @Cryptocurrency_Inside ✅

💡💡💡
US announced the inflation figures:

⚫ CPI: 3.4% YoY, 0.3% MoM
⚫ Forecasted CPI: 3.4% YoY, 0.4% MoM

Following this announcement, traders increased their bets on the Fed cutting interest rates in September and December, as the CPI data was slightly lower than expected.

In response to this news, the price of Bitcoin has already risen by approximately 2%, reaching $63,300.

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💡💡💡 🇺🇸 Senator Cynthia Lummis calls for Senate approval on bill allowing highly regulated financial firms to hold Bitcoin and crypto.

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🥇 GoMining is unlocking BTC mining for everyone

Bitcoin mining seems like a pretty intimidating challenge: high equipment costs, expensive maintenance procedures and skyrocketing energy prices. However, GoMining has a solution: self-mining NFTs, backed by real computing power, which cut out all the risks and headaches of mining alone. Starting at around $30 (1TH) you can literally sit back and collect daily rewards.

Users can also upgrade their NFTs by increasing hash power and improving energy efficiency, thereby earning higher daily rewards. Additionally you can have 5% off on your first purchase with promo code DAILY5 before the end of May.

🤝 Explore GoMining NFT

Hacker - Holder, or How to Earn $450 Million on Ethereum

In 2017, a hacker stole 150,000 ETH from the company Parity, waiting a full 7 years before starting to sell the stolen cryptocurrency.

At the time of the hack, the coins were worth about $33 million. The hacker "demonstrated remarkable patience" and now has $450 million.

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💡💡💡: Donald Trump's presidential campaign officially accepts Bitcoin and crypto.

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💡💡💡: 🇺🇸 White House is eager to work with Congress to develop a "balanced regulatory framework for digital assets."

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