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πŸ“‰ Analysts at Santiment reported that the cryptocurrency market was down 3.6% over the past week, while total trading volume was 27% lower than the previous seven days.

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Elon Musk advertises Apple as best he knows how πŸ•‘

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πŸ”ΉThe cost of gas in Ethereum has fallen to its lowest in 4 years

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!

The market is on the upside today, with most alts in the green. BTC is now trading around $62,520. ETH is around $2945.


β­•Fear/Greed index: 66 - greed

πŸ“ˆMorning news roundup:

πŸ—£ MtGox is preparing to release 142,000 BTC and 143,000 BCH by October 31.

πŸ—£ Recent trendsand recovery in the cryptocurrency market.

πŸ—£ Crypto investment products are seeing their first influx in weeks.

πŸ—£ Tether CEO and Ripple CEO argue over USDT - Brad Garlinghouse says, "I didn't attack Tether."

πŸ—£ Uniswap founder says that Biden's indifference to cryptocurrency could cost him the election.

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πŸ“ˆ Growth leaders today:

PEPE +21.30%
FLOKI +21.17%
PEOPLE +20.16%
NEAR +10.64%
DOGE +9.66%

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😬 No alt season?

Ethereum ETF will not be approved by the SEC and U.S. exchanges until the end of 2025.


πŸ—£ There are only nine days left for the commission to approve or reject the ETH ETF.

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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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πŸ‚Bitcoin outflow from exchanges: CryptoQuant analysts believe in the imminent end of the bear market

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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πŸ’΅ Tether blocked $5,200,000 USD deposited in 12 wallets.

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β˜„οΈ Ripple CEO denied rumors about his attack on Tether. On the contrary, in the podcast, he emphasized Tether's key role in the crypto ecosystem.

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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πŸ“Š Cryptoquant analysts believe that the current market structure, including profitability, leverage and coin age, points to the possibility of a stronger rally in this cycle.

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Updated ChatGPT could replace a school teacher: AI helped to solve a problem by asking leading questions πŸ€–

Tutors are shocked and parents of schoolchildren breathe a sigh of relief πŸ₯³


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πŸ₯°Good morning!

Today, the market is in the red, most altos are red.
🟠BTC is currently trading around $61,910.
πŸ”·ETH is around $2,900.

☝️ Fear/Greed index: 64 - greed

πŸ”΄ A selection of morning news:

⏺ Coinbase's legal counsel unites Binance, Ripple and Uniswap against the SEC.

⏺ The court sentenced the Tornado Cash developer to 64 months in prison.

⏺ Industry experts predict the growth of the cryptocurrency market to $100 trillion.

⏺The SEC is expected to abandon the Ethereum ETF for now, Bloomberg analysts say.

⏺ Vitalik Buterin introduces EIP-7706, a new improvement for Ethereum.

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🐦 Volcano and BTC?

πŸ‡ΈπŸ‡»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 is 5,750 BTC 😁
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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 πŸ‘€

πŸ—£ Investors in India were the luckiest of all, nearly doubling to $1,924.
πŸ—£ Buyers of the UK's leading index would get just $98 over 5 years.
πŸ—£ 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 πŸͺ™

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πŸ’Ž Notcoin is coming to your wallet tomorrow!

The introduction of Notcoin will take place in two stages:

β–ͺ️ On May 16, all Wallet users will be able to send Notcoin to their contacts in Telegram for free, top up their balances and exchange NOT in pairs with TON, USDt and BTC.

β–ͺ️17 May Notcoin will be added to the P2P marketplace. You will also be able to make NOT purchases with your bank card, withdraw funds (e.g. to TON Space) and use them to pay in Wallet Pay!


We will soon launch a special bonus campaign exclusively for all Notcoin owners. More details will follow later; Stay tuned!
πŸ–€

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πŸ’¬ Overnight news to wake up to

πŸ“ˆ Hedge fund Millennium Management bought shares in a BTC ETF valued at $2 billion.

πŸ’° Positions of 50,000 traders were liquidated as the price of bitcoin reached $66,000 amidst news of a US rate cut (from 3.5 to 3.4%).

πŸ’Ž Trading of NOT opens today at 12:00 UTC. Any listings mentioned before this time may only help you lose money.

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Good morning!

The market is on the upside today, with most alts in the green. BTC is now trading around $65,825. ETH is around $3005.


β­•Fear/Greed index: 70 - greed

πŸ“ˆMorning news roundup:

πŸ—£ Ripple and Evmos to launch EVM sidechain for XRPL.

πŸ—£ El Salvador announces investment offerings in BTC sidechain.

πŸ—£ Robinhood launches its first crypto-staking product.

πŸ—£ In numbers: more than 1 million new crypto-tokens issued since April.

πŸ—£ CME Group prepares to launch BTC spot trading amid Wall Street interest.

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πŸ‡¦πŸ‡Ί According to Bloomberg, Coinbase is planning to enter the Australian retirement market worth over $600 billion.

The exchange is developing a service aimed at non-governmental pension funds, which make up about a quarter of the country's pension system.

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