🪙More than 3.6 million #BTC are currently lost

There's a belief that around 60% of bitcoins haven't been lost and are actually held by Satoshi Nakamoto. However, there's still no evidence of this, and it's possible that all these coins were permanently lost along with the old computers of early crypto enthusiasts.

Check your old hard drives, maybe you have a couple of thousand BTC lying around among the old files 💰

#Opinion

📌 Joe Biden could lose the elections due to his dismissive attitude towards cryptocurrency

That's the opinion of #Uniswap's founder, Hayden Adams. According to him, the "war" on the cryptocurrency industry is a serious misstep by the #Biden team, which could cost him the victory.

Billionaire Mark Cuban also noted that in the event of the Democratic candidate's defeat, the community would have a chance to settle scores with the SEC 👊

➡️ The #GME token surged by 1,800% in a week

GME utilizes the stock ticker of the legendary #GameStop, although it is not officially associated with the company. On Monday, GME saw a 1,247% increase with a total trading volume of over $70 million. The surge is attributed to the return of the Reddit trader Keith Gill, who rocked the boat with GameStop three years ago and became a symbol of resistance against Wall Street. 💪

If you missed all the buzz surrounding GameStop and are curious about what happened back then, drop a comment 🔥, and we'll prepare a special long read to reconstruct the timeline of events and explain why it was a significant precedent for the entire financial industry.

#News

📌 Analysts at #Bernstein believe that the current flat price of Bitcoin is advantageous for public miners

#Opinion KickEX:

It's a typical situation where large market participants eliminate competitors by absorbing groups of smaller participants.

Bitcoin's blockchain is a flexible and well-thought-out self-regulating system where rewards are redistributed among all participants. Considering that the reward for mined blocks decreased after the halving, many small miners find it difficult to continue their activities at the new reward level.

Large miners have a large reserve of resources to comfortably navigate this stage. However, small miners are forced to sell their #BTC to cover expenses, but often this is not enough.

Hence, pressure on the BTC price arises.

⚡️Venezuela has experienced a complete collapse of its fiat currency

The local bolivar has depreciated to the extent that people are throwing money bags away with the trash.

In light of this, a question to the community: what is the best way to protect against inflation?

🏆 — #Gold
❤️ — #Bitcoin
🤔 — #Stablecoins
🌚 — #Stocks
🐳 — #Bank deposit
🌭 — #KICK

We await your opinion with arguments 🧐

⚡️#Nasdaq has halted trading in #GameStop shares due to abnormal volatility

Meanwhile, Keith Gill continues to troll Twitter, posting a clip from the movie "Troy" where Achilles son of Peleus defeats a massive warrior with a single blow, clearly hinting at a new wave of rebellion against institutions.

It seems we are in for a full-fledged sequel to the events of 2021, with pump-and-dump schemes involving both shitcoins and stocks of similar magnitude. While we await the continuation, the long read on the first uprising is already in progress, thanks for your reactions 🔥

⚡️ #BTC responds to the publication of inflation data in the USA

For April, it stood at 3,4%, in line with forecasts; the previous figure was 3,5%.

Against this backdrop, #Bitcoin has risen to $64 000 and continues to climb 💃

🪙 CryptoQuant believes that the recent surge in stablecoin inflows could lead to increased volatility in BTC

#KickEX_Explains

🔼 The influx of new stablecoins into the market is a traditional bullish signal for traders. The introduction of new stablecoins into the market represents the conversion of fiat money into digital currencies, which market participants view as an influx of new funds into the crypto ecosystem.

🕯 Often, news that the company #Tether has issued several billion #USDT indicates that someone has come and bought them for the equivalent of fiat money, and presumably, these billions will be spent on buying cryptocurrencies.

🎢 This, in turn, encourages traders to increase their activity in cryptocurrency speculation in anticipation of catching a good upward movement.

#Analytics

💪 #BTC has once again outperformed #gold, this time in terms of #ETF

By the end of the first quarter of this year, 937 professional firms invested in American spot #Bitcoin ETFs, while only 95 invested in gold.

❤️ — if you don't know what "professional firms" are and need a #dictionary

💸 #MorganStanley invested $269.9 million in Grayscale's spot #Bitcoin #ETF in the first quarter

Now Morgan is the largest holder of GBTC after Susquehanna International Group, who invested $1 billion.

First banks criticize #BTC, and then they buy it 🧠

😩 #Memecoin #TREMP surpassed the market capitalization of a Russian bank

TREMP's market cap reached $90 million, exceeding the value of companies like #MosOblBank and #YakutskEnergo.

Let's gather in the comments all the serious companies that have become cheaper than a memecoin 😭

🪙 #Tether has frozen 4 addresses holding a total of $53 million

As the issuer, Tether has full control over the issued #USDT, which, despite the convenience of stablecoins, makes these funds almost as controllable as fiat currencies.

Remember this 🧠

#News

Admit it, have you tapped? 😏

#CryptoMeme

#Dictionary Makers

📈Traders who place limit orders to buy or sell. They create liquidity on the exchange by offering their trades to other participants.

📝Market Order — an order to buy or sell that is executed immediately at the current market price.

📈 The “head and shoulders at the fryer” figure most often observed by novice traders.

#CryptoMeme

#Dictionary Takers

📊 Traders who execute market orders. They remove liquidity from the exchange by taking trades already listed in the order book.

🫗 Stop-Limit Order — a limit order that is triggered and placed in the order book when the price reaches a specified level (stop price).

🍕 The legendary #Bitcoin pizzas turn 14 years old today

On May 18, 2010, Laszlo Hanyecz made a famous offer, proposing 10,000 #BTC to anyone who would bring him a couple of pizzas. This day has since become known as #PizzaDay and has inspired countless memes.

Today, those pizzas would be worth over 670 million dollars, a sum beyond the wildest dreams of any sheikh 💰

#CryptoNews

#Opinion

🪙 Renowned trader known as #PlanB believes that this is the last chance to buy #BTC for under $70,000

The trader gained fame for creating the Stock-to-Flow model, which allows predicting Bitcoin's price based on its supply and inflation.

☄️ London Court: Craig Wright is Not Satoshi Nakamoto

Today, the decision of the High Court of London was published regarding the case that began in February. Since 2016, Craig Wright has claimed to be Satoshi and has made various attempts to claim intellectual property rights to the #BTC code.

However, the judge has now officially declared the evidence presented by Wright as falsified and his claim to be Satoshi Nakamoto as false 🥳

A great reason to revisit our investigation into the identity of Satoshi, for those who haven't read it yet 👀

😇 Part 1
😈 Part 2

⚡️ The #SEC might approve an #ETF for #ETH on May 23

For now, the decision will only apply to VanEck.
For the largest contender for launching ETH ETFs, #BlackRock, the review period is set for August 7.

Meanwhile, QCP Capital believes that if the spot ETH ETF is approved, we can expect #ethereum to reach $5000 this year.

#CryptoNews #Opinion