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Tech Stock Price Jumps Boost Ethereum (ETH) More Than Bitcoin (BTC), According to New CME Group Report

A new report from CME Group says that tech stocks, the US dollar and Bitcoin (BTC) supply are key drivers that influence the movement of Ethereum (ETH).

According to the derivatives giant, Ethereum gains more than Bitcoin when the prices of technology stocks increase.
Friend.tech Reverses Policy To Punish Users Who Use Rival SocialFi Projects

Friend.tech, the decentralized social media platform that has taken the web3 space by storm, announced a controversial policy earlier today, in light of copycat applications and forks. The SocialFi project stated that it would punish users who opt-in to rival SocialFi projects by disabling the reward point accumulation feature for them. However, the founder of the project reversed the controversial policy less than twelve hours after unveiling it.

Friend.tech To Forfeit Points Of Users Who Move To ClonesAccording to an announcement on X (formerly Twitter) earlier today, friend.tech stated that it would punish users who move to “forks and copies” by forfeiting their existing reward points and having them automatically opt out of earning any reward points in the future. 

Users who choose to venture onto rival SociaFi projects would still be able to use friend.tech, the tokenized social media platform clarified. The platform added that its latest reward point policy was in order to make sure that loyal users were rewarded fairly during its Beta stage. 
Trader Who Called 2022 Crypto Bottom Flips Bullish on Bitcoin, Says BTC Bears Clinging To Last Line of Defense

A top trader who nailed the bottom of last year’s bear market believes that Bitcoin (BTC) is one resistance level away from igniting a big burst to the upside.

Pseudonymous analyst DonAlt tells his 508,100 followers on the social media platform X that he thinks Bitcoin has a solid chance to rally as it threatens to take out resistance at $28,000.
Sergey Kondratenko: Regional differences and local markets for the digital payments industry

From 2018 to 2021, the world saw a noticeable increase in non-cash retail payments. Their volume increased by 13%. In emerging markets, growth was even higher at 25%. The fastest digital payment growth, as Sergey Kondratenko reported, occurred in Africa (Morocco, Nigeria and South Africa) and Asia. It is predicted that this trend will continue until 2026. An average annual growth of 15% is expected.

Sergey Kondratenko is a recognized specialist in a wide range of e-commerce services with experience for many years. Now, Sergey is the owner and leader of a group of companies engaged not only in different segments of e-commerce, but also successfully operating in different jurisdictions, represented on all continents of the world. The main goal is to drive new traffic, create and deliver an online experience that will endear users to the brand, and turn visitors into customers while maximizing overall profitability of the online business.
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Singapore Police Warn About ‘Crypto Drainers’ Stealing Cryptocurrencies From Wallets

Singapore’s Police Force and Cyber Security Agency (CSA) have issued a joint warning about “crypto drainer” malware, which steals cryptocurrencies from wallets. As digital assets become more popular, “Cybercriminals are increasingly leveraging crypto drainers to target owners of cryptocurrency wallets,” the authorities cautioned.

Singapore Police Warn About Crypto DrainersThe Singapore Police Force and the Cyber Security Agency (CSA) of Singapore issued a joint advisory on Wednesday advising investors to protect themselves from crypto drainers. They explained:

Cybercriminals are increasingly leveraging crypto drainers to target owners of cryptocurrency wallets (‘crypto wallets’) as the use of cryptocurrencies become increasingly popular with their dollar values correspondingly increasing.
Ethereum Funding Rates Hit Late 2020 Levels as Bulls Push Towards $4,000: What’s Next for ETH?

Ethereum, the second-largest cryptocurrency by market capitalization, has witnessed a remarkable surge in funding rates, reminiscent of the late 2020 bullish rally.

As investors display heightened confidence in ETH’s potential, funding rates are a crucial indicator of market sentiment and trading activity.

Bullish Sentiment Sweeps Ethereum MarketETH Funding Rate 2020 & 2024: CryptoQuantThe recent surge in Ethereum’s funding rates underscores the growing bullish sentiment among futures traders. These rates, which measure the aggressiveness of trades in the futures market, have reached levels not seen since late 2020, indicating a strong conviction among investors regarding ETH’s upward trajectory.

According to CryptoQuant analyst Shayan_7, Ethereum’s funding rates have experienced a significant uptick, mirroring the conditions preceding the cryptocurrency’s historic rally towards its all-time high in 2021. This surge suggests that traders anticipate sustained upward momentum for ETH in the near term.
Bitgert Coin: Riding the Wave of Cryptocurrency Innovation

Experts believe these fluctuations in Bitcoin’s price action are indicators of a potential surge. They suggest that buying the dip after geopolitical conflicts has always been a profitable strategy, as shown by market trends.

The current market conditions offer such opportunities. For instance, Bitgert Coin has also dipped in the last few days. By riding on the wave of innovation and market resurgence, Bitgert is expected to surge by 3000% before June.
XRP Lawsuit: Ripple Moves To Shake Things Up With The SEC With $6 XRP Price Highly In View

Ripple has submitted a response letter bolstering its Motion to Seal documents amid the ongoing legal clash with the U.S. Securities and Exchange Commission (SEC). This move by Ripple aims to maintain confidentiality around certain materials filed in connection with the SEC’s Motion for Judgment and Remedies.

James K. Filan, a prominent figure in the XRP community, shared insights on Thursday regarding Ripple’s recent legal maneuver. Notably, Ripple’s submission, addressed to Hon. Analisa Torres of the United States District Court in New York, argued that disclosing current financial statements, especially those pertaining to years following the alleged misconduct, is irrelevant to the court’s analysis.
Get your FREE Entry NFT for Crypto: The Game!

Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).

Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!

Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration

Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.

The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!

The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.

Link: Crypto: The Game
JPMorgan Chase, Bank of America and 7 Mega Banks Paying $46,000,000 Over Alleged Conspiracy To Rig Trillion-Dollar Derivatives Market

Nine of the largest banks in the world are settling a long-running lawsuit that accuses them of conspiring to rig a $465.9 trillion market.

Lawyers representing investors have filed for preliminary approval of a $46 million cash settlement against JPMorgan Chase, Bank of America, Goldman Sachs, BNP Paribas, Citigroup, Deutsche Bank, Morgan Stanley, NatWest and UBS to end an eight-year-old antitrust suit.

Representing the Public School Teachers’ Pension and Retirement Fund of Chicago, the Los Angeles County Employees Retirement Association and other institutional investors, lawyers say the banks have been conspiring for years to keep the interest rate swap market inefficient and antiquated in order to extract as much as possible in fees.
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period

Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.

To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager

A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.

Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager

According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager

The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Analyst Unveils ‘Reasonable’ Bull Market Price Target for Solana, Says SOL Following Ethereum’s 2020 Rally

A widely followed crypto believes that Solana (SOL) can reasonably climb by more than 850% before the current cycle expires.

Pseudonymous analyst Kaleo tells his 643,700 followers on the social media platform X that Solana appears to be mirroring the price action of Ethereum in late 2020 just before ETH skyrocketed to its all-time high (ATH) of $4,878.
Chainlink (LINK) Continues To Witness More Development Activity Than Any Other ERC-20 Project: Santiment

The decentralized oracle network Chainlink (LINK) continues to outpace all other ERC-20 projects in terms of development activity, according to the crypto analytics firm Santiment.

Santiment notes on the social media platform X that Chainlink registered 624.17 notable GitHub events in the past 30 days, more than double the number of the second-ranked project, Ethereum (ETH), which clocked 298.8.
The new big memcoin on SunPump is gaining momentum

ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.

The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU