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Crypto and Bitcoin Fundamentals
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CTS Crypto News - May 6

๐Ÿ”น General News:
โ€” Georgia's central bank is exploring 'Digital Gel' CBDC
โ€” Goldman Sachs leads $15M investment round for Coin Metrics
โ€” Star Wars Collectibles go digital as Collections Embrace NFTs
โ€” Galaxy Digital to buy BitGo for about $1.2B

๐Ÿ”น Coin Specific News:
โ€” Umbrella Network has partnered with UniFarm
โ€” Mist becomes the second project to self list on Orion Pool
โ€” PlotX will launch v2 Mainnet on Polygon on May 14th
โ€” Cartesi is collaborating with Gather to expand CTSI utility

๐Ÿ”น Exchanges:
โ€” Uniswap just released the much-anticipated v3 of its DEX
โ€” South Korean Crypto Exchange accused Of $1.5 billion scam

๐Ÿ”น Cool fact:
Dogecoin is now 3.5% of the crypto market and the worldโ€™s 170th largest stock

๐Ÿ”น Quote of the day
โ€œWealth isnโ€™t about having a lot of money itโ€™s about having a lot of options.โ€ โ€“ Chris Rock

๐Ÿ”น Brought to you by @CTScrypto
Channel name was changed to ยซCryptoTSยป
JUST IN: Latin American e-commerce giant Mercadolibre disclosed a $7.8 million #bitcoin purchase Wednesday, making it the latest publicly traded company with BTC on the balance sheet.

@cryptotradingsimplified
Channel name was changed to ยซCrypto Trading Simplifiedยป
*Welcome to the Crypto Trading Simplified (CTS) WhatsApp Group! Here we provide crypto training and updates with simplicity*

Do follow our Telegram channels๐Ÿ‘‡

https://t.me/cryptotradingsimplified
https://t.me/cryptomasterempire to get crypto updates.

Rules:
1) NO referral or airdrop links. This will lead to a quick ban.
2) No self-promotions. No sharing of signal groups.
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3) Respect yourself and respect fellow members.
4) This group is for discussing topics related to crypto trading and investment strategies
5) No spamming of any kind.
7) Do not ask members to sell or buy coins

โš ๏ธALERT: Beware of scammers and do not send coins to any individuals in this group. ADMINS WILL NEVER PM YOU FIRST.

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โ€‹โ€‹Crypto News Weekly Recap #50 ๐Ÿ“ฃ

#1 Ethereum L2 scaling solution Arbitrum goes live โ€” link

#2 Coinbase expands prime brokerage services to institutional users โ€” link

#3 Ray Dalio says he prefers Bitcoin to bonds โ€” link

#4 PayPal will let users withdraw cryptocurrency to third-party wallets โ€” link

#5 Circle raises $440 million considering a SPAC deal โ€” link

#6 Fidelity's raises more than $100 million โ€” link

#7 Carl Icahn considers investing $1.5b in crypto โ€” link

#8 โ Mark Cuban invests in Ethereum Layer 2 Polygon โ€” link
*Cryptocurrency Breakthrough Explained Must watch for every crypto enthusiasts* ๐Ÿ‘‡

https://youtu.be/bD3YizAeUgA
Here is the link to create a free binance account, people who use this link could get a 10% discount bonus on their first transactions on binance ๐Ÿ‘‡ https://accounts.binance.me/en/register?ref=PF25SFS5
Cryptocurrency and Bitcoin Fundamentals New.pdf
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Cryptocurrency and Bitcoin Fundamentals New.pdf
Grayscale is exploring an additional 13 new assets for its product offerings including Curve $CRV, Solana $SOL, Bancor $BNT, Polygon $MATIC and more

http://grayscaleinvest.medium.com/update-grayscale-investments-exploring-additional-assets-e4e80da683bb
โ Fireblocks faces lawsuit over deleted keys to $72M Ether wallet

The crypto-custody firm claims that it was the clientโ€™s responsibility to back up the private keys.

https://ct.com/9pz6
โ UK regulator warns against 111 unregistered crypto companies... and FOMO

The Financial Conduct Authority has warned U.K. consumers of dealing with 111 unregistered crypto firms, calling it โ€œa very real risk.โ€

https://ct.com/9pz9
We are in sideways market now. A sideways market is when the price is trading in a range without any breakout.

A bull market is when the price is increasing and making Higher high (HH) and Higher low (HL) structure.

A bear market is when the price breaks major support zone and start making lower low (LL) and lower high (LH).
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