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CTS Crypto News - May 6

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

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

🔹 Exchanges:
— Uniswap just released the much-anticipated v3 of its DEX
— South Korean Crypto Exchange accused Of $1.5 billion scam

🔹 Cool fact:
Dogecoin is now 3.5% of the crypto market and the world’s 170th largest stock

🔹 Quote of the day
“Wealth isn’t about having a lot of money it’s about having a lot of options.” – Chris Rock

🔹 Brought to you by @CTScrypto

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

*Welcome to the Crypto Trading Simplified (CTS) WhatsApp Group! Here we provide crypto training and updates with simplicity*

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Rules:
1) NO referral or airdrop links. This will lead to a quick ban.
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​​Crypto News Weekly Recap #50 📣

#1 Ethereum L2 scaling solution Arbitrum goes live — link

#2 Coinbase expands prime brokerage services to institutional users — link

#3 Ray Dalio says he prefers Bitcoin to bonds — link

#4 PayPal will let users withdraw cryptocurrency to third-party wallets — link

#5 Circle raises $440 million considering a SPAC deal — link

#6 Fidelity's raises more than $100 million — link

#7 Carl Icahn considers investing $1.5b in crypto — link

#8 ⁠Mark Cuban invests in Ethereum Layer 2 Polygon — link

*Cryptocurrency Breakthrough Explained Must watch for every crypto enthusiasts* 👇

https://youtu.be/bD3YizAeUgA

Please kindly like and subscribe to the channel for you to get more useful contents like this

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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

⁠Fireblocks faces lawsuit over deleted keys to $72M Ether wallet

The crypto-custody firm claims that it was the client’s responsibility to back up the private keys.

https://ct.com/9pz6

⁠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 “a very real risk.”

https://ct.com/9pz9

Zoom Recordings, watch Now

https://youtu.be/42LbGagfCX8

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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