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πŸš€ Your cryptocurrency hub for the latest trends, news, and insights. Join now for valuable updates and analysis!

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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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πŸ’° The largest holders of Bitcoin ETF in the first quarter

1️⃣ Millennium Management ($1.8 billion) - 3% of the portfolio.
2️⃣ Susquehanna ($1.1 billion).
3️⃣ Horizon Kinetics ($989 million).
4️⃣ Bracebridge ($404 million).
5️⃣ Boothbay ($303 million).

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πŸ’° Lookonchain reports that an unknown trader made 137x profit in just 5 minutes.

The trader bought the TOBI shieldcoin on Raydium for 9 SOL and almost immediately sold it for 1,229 SOL.

As a result, he made over $202,000 dollars in just a few minutes.

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❀️Stay with us and you will always know only the right coins

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πŸ’ΈMillennium Management, a large investment fund, has increased its assets in bitcoin-ETFs to $2 billion, according to a filing with the SEC.

About $800 million was invested in the BlackRock fund alone.

Millennium Management is currently the largest holder of the BTC-ETF.

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πŸ—žGood morning!

Today the market is down, most altcoins are red. BTC is currently trading around $65,465. ETH around $2,950.

⭕️ Fear/Greed Index: 74 - Greed

πŸ“‰ Morning news roundup:

🟒 BTC supply on exchanges is falling to new lows.

🟒 Institutional investors prefer Solana due to significant profits.

🟒 The Chainlink fund tokenization pilot project is successful with major banks participating.

🟒 Experts link North Korea and Tornado Cash with cryptocurrency laundering.

🟒 937 institutional investors reported holding BTC-ETFs – "ten times more than gold ETFs."

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πŸ“Š Cat memcoin rating by market capitalization

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⚑️ According to Durov, the success of Notcoin demonstrates the effectiveness of the Telegram and TON ecosystems for application developers.

πŸ—£In a short period of time, Notcoin attracted more than 35 million users and entered the top ten cryptocurrencies with the largest trading volume.

πŸ—£Its market capitalization is approaching 700 million dollars.

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CoinGecko has ranked the fastest blockchain networks by the maximum number of transactions per second possible in them. The leaders are Solana, Sui and BSC (BNB Smart Chain).

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⏳ CryptoQuant analyst Ki Yun Joo suggests that the current bull cycle of bitcoin may end by April 2025.

He observes a gap between BTC's market capitalization and its realized capitalization, indicating a possible turning point in the two-year bull cycle.

If this pattern persists, then the current period can be considered as its middle.

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The Notcoin team paid Durov for the post sent a $6.8 million donation to Durov in NOT tokens to thank him for developing Telegram πŸ˜‡

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🀯 Binance research suggests that between 2024 and 2030, about $155 billion in unlocked tokens will enter the market, which will create pressure on the prices of crypto assets.

πŸ—£Analysts noted the tendency of crypto projects to issue a modest initial token offering compared to the total diluted asset value.

πŸ—£They emphasize that the upcoming unblocks of a significant number of tokens introduce uncertainty for investors, since the current market circulation for some crypto assets is only 6-20% of the estimated issue volume.

πŸ—£Experts expressed doubts about the ability of these assets to maintain their value when new volumes enter the market.

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