Good morning!
⭕ Fear/Greed index: 57 - greed
📉 Morning news roundup:
🗣 Ripple CEO warns of legal battle between Tether and US regulator.
🗣 Is JPMorgan trying to find a catalyst to drive Bitcoin and Ethereum prices higher?
🗣 Philippines central bank approves peso-linked stablecoin for faster money transfers.
🗣 The U.S. Congress is strongly accelerating the process of regulating cryptocurrencies.
🗣 Bank of America announced : "June will be an unforgettable month".
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The market is down today, with most alts in the red. BTC is currently trading around $60,940. ETH is around $2880.
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XRP aims for zero... Trader Peter Brandt believes that while XRP fans are talking about a historic day in the XRP/BTC pair and consider it a buying opportunity, from a classic TA point of view this chart is going to zero 🥏
BTC started the week with a $63k move, with most altcoins not keeping up with it. So it's not an altcoin season yet, and it's not signaling the end of a correction/consolidation, just a nice bounce. But $32m shorts have already been liquidated🥇
The whales have woken up:
🗣 2 BTC wallets of 500 coins each have come out of their 10-year hibernation and sent funds to new addresses.
🗣 Owner of 12,423 ETH bought at $11 in 2016 sent 4,153 ETH to Coinbase 🐳
📈 Top 3 in 24 hours:
Toncoin - $7.39 (↑7.22%)
THORChain - $6.08 (↑5.25%)
JasmyCoin - $0.01829 (↑3.57%)
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Meanwhile, Ripple CEO warns of a new target for US authorities - Tether.😏
BTC started the week with a $63k move, with most altcoins not keeping up with it. So it's not an altcoin season yet, and it's not signaling the end of a correction/consolidation, just a nice bounce. But $32m shorts have already been liquidated
The whales have woken up:
Toncoin - $7.39 (↑7.22%)
THORChain - $6.08 (↑5.25%)
JasmyCoin - $0.01829 (↑3.57%)
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About 5% of Notcoin's total tokens will be distributed to more than 500,000 community members and exchange users.
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Ripple CEO Brad Garlinghouse expressed concern about possible U.S. government actions against Tether, the largest issuer of stablecoins.
According to him, such actions could have unpredictable consequences for cryptocurrency markets.
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The fee for gas in the Ethereum blockchain has fallen to 6 Gwei as of May 11. The figure was at this level in January 2020.
At such figures, experts say that a swap will cost an average of $6.2, while selling NFT will cost about $10.5. Borrowing would cost $5.7, and a crosschain transfer would cost $2.
The reduction of commissions in the network began to occur after the launch of the Dencun hardfork, which, in turn, allowed to significantly reduce commissions in the L2 networks of the ecosystem, especially on the basis of Rollups technology.
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Good morning!
⭕ Fear/Greed index: 66 - greed
📈 Morning news roundup:
🗣 MtGox is preparing to release 142,000 BTC and 143,000 BCH by October 31.
🗣 Recent trendsand recovery in the cryptocurrency market.
🗣 Crypto investment products are seeing their first influx in weeks.
🗣 Tether CEO and Ripple CEO argue over USDT - Brad Garlinghouse says, "I didn't attack Tether."
🗣 Uniswap founder says that Biden's indifference to cryptocurrency could cost him the election.
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The market is on the upside today, with most alts in the green. BTC is now trading around $62,520. ETH is around $2945.
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PEPE +21.30%
FLOKI +21.17%
PEOPLE +20.16%
NEAR +10.64%
DOGE +9.66%
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Ethereum ETF will not be approved by the SEC and U.S. exchanges until the end of 2025.
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President Joe Biden has banned a Chinese-backed cryptocurrency mining company from owning land near a nuclear missile base in Wyoming.
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Despite the current bearish sentiment, CryptoQuant experts remain optimistic.
They note the constant outflow of bitcoin from centralized exchanges, which may indicate the imminent reversal of the trend.
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However, he believes that Tether, as the largest issuer of stablecoins, has attracted the attention of U.S. authorities seeking greater control over the sector.
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Updated ChatGPT could replace a school teacher: AI helped to solve a problem by asking leading questions 🤖
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Tutors are shocked and parents of schoolchildren breathe a sigh of relief🥳
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Today, the market is in the red, most altos are red.
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🐦 Volcano and BTC?
🇸🇻 El Salvador has mined 474 bitcoins worth $29 million using a geothermal power plant powered by volcanic fuel.
El Salvador has become a pioneer in the "green" bitcoin mining initiative.
Currently, the volume of the country's bitcoin funds is5,750 BTC 😁
El Salvador has become a pioneer in the "green" bitcoin mining initiative.
Currently, the volume of the country's bitcoin funds is
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There are 5 memes in the top 10 cryptocurrencies by volume on Binance at once: PEPE, FLOKI, WIF, DOGE and BOME
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What $1,000 invested in the S&P 500 or another stock index would have turned into in April 2019 👀
$1k in BTC turned into $13,000 over the same period🪙
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🗣 Investors in India were the luckiest of all, nearly doubling to $1,924.🗣 Buyers of the UK's leading index would get just $98 over 5 years.🗣 And Hong Kong investors were generally in the negative and could only take home $598.
$1k in BTC turned into $13,000 over the same period
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