Top news today (May 17)

1️⃣ Tether prints another 1,000,000,000,000 USDT

2️⃣ In an Asian confectionery shop, a customer paid for his purchase with USDT

3️⃣ Turkey develops legal framework to regulate cryptocurrencies

4️⃣Fraudulent Notcoin vouchers are being sent to TON wallet users in masse

5️⃣ Telegram and TON ecosystems drive app growth, as Notcoin success shows

6️⃣ According to BitRiver, Russian miners mined about 54,000 BTC in 2023

7️⃣ Notcoin Foundation donated 1,030,383,291.36 NOT to Pavel Durov

8️⃣ Blum published their roadmap

9️⃣ Kraken exchange considers delisting USDT stablecoin for European users

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🔍 Vitalik Buterin's Ethereum Insights Unveiled! 🚀

📝 Vitalik Buterin's latest article dives into upcoming Ethereum upgrades, spotlighting PeerDAS, Verkle trees, and decentralized history storage as per EIP-4444.

🧠 Buterin underscores Ethereum's commitment to decentralization, addressing concerns like Maximal Extractable Value (MEV) and finding the balance between minimizing and managing it.

🗣 Inspired by concerns from Geth core developer Peter Szilagyi, Buterin discusses MEV management and ongoing protocol adjustments to tackle it.

💡 Ethereum's strategy to handle MEV involves minimizing and quarantining. Buterin advocates for a blend of both to mitigate MEV's impact and maintain decentralization.

✏️ Buterin stresses the importance of accessibility in Ethereum nodes for decentralization, proposing solutions like Verkle trees and EIP-4444 to reduce hardware requirements and ensure robustness.

🛠 Ethereum's Layer 1 must support Layer 2 while preserving its unique properties, ensuring scalability, decentralization, and security. 🔄

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🐦 Do we even need bitcoin ETF shares?

Web 3 was built with an awkward infrastructure that is difficult for newcomers to navigate 🙈
If crypto had been user-friendly and easy to use like mainstream financial applications from the beginning, we wouldn't need ETFs.

This is felt when explaining to someone older about how to use crypto 🤔

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🚀 Shibarium: Grok’s Insight on TREAT Unveiled by Shiba Inu Insider 🐶

Exciting news for the SHIBUSD community! Lucie, a key team member, spills Grok's secrets about the much-awaited TREAT token.

🔍 TREAT has been stirring curiosity in the Shiba Inu community. Expected to boost Shiba Inu's ecosystem, it's a hot topic lately.

🤖 Grok, the chatbot from Elon Musk's xAI, spills the beans. TREAT isn't out yet, Lucie confirms, clearing up confusion.

👀 Grok's hint suggests the team's careful approach. They're ensuring TREAT is top-notch before release, prioritizing quality over speed.

🗣 It's a reminder to trust official sources. Don't fall for scams! Stay tuned for updates on TREAT's launch.

🎉 Excitement's building for TREAT's arrival. Shiba Inu team is on it, promising more features soon. Stay in the loop! 🔄

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📈 ADA Price Surge: Potential Profitability Boost Ahead 🚀

🔄 Cardano (ADA), the smart contracts blockchain, has stunned critics by maintaining its top 10 status in market cap rankings.

🚀 ADA outperforms, soaring 7% in 24 hours. Talk of a comeback to 2021's $3.10 peak is heating up.

🟡 Retail investors stock up on ADA between $0.48 and $0.50, forming a strong support zone. But only 40% of holders are currently in profit.

💰 A rise to $0.49 could flip the script, pushing over 55% of holders into profit territory and attracting more buyers.

📊 Volume spikes to $461 million, hinting at growing interest and potential price surge.

⚫️ Could "original whales" return? Their holdings now resemble 2021 levels, suggesting a possible bullish trend.

🔴 Analysts warn of market cycle impact. ADA's ability to hit $3 hinges on broader market conditions.

🔑 Will ADA defy odds? Watch for $0.49 resistance break and sustained volume increase for clues on its path to potential $3 comeback.

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📊 Projects with the largest number of users on the main L1 and L2 chains

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📈 XRP Ledger Soars in Q1, But Challenges Linger 🚀

📊 Ripple's report reveals a 108% surge in XRP Ledger transactions, hitting 251,397,881 in Q1. Impressive growth fueled by new applications and users.

💸 Total XRP burned for transaction fees doubles to 636,184, indicating increased network activity.

💰 Despite the growth, new wallet sign-ups dip by 11% and average transaction costs drop by 45%, signaling room for improvement.

🔑 Ripple updates on SEC lawsuit: Faces $2 billion fine for XRP sales. Firm files opposition, awaiting judge's decision.

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🚀 DOGE Price Surges 4.45% as 120M DOGE Sent to Robinhood

🔎 Whale Alert reveals a mysterious transfer of 120M DOGE, worth $18.5M, to Robinhood, coinciding with a 4.45% DOGE price hike.

📈 The wallet involved saw significant activity, with outflows totaling 506.4M DOGE worth $71.1M over the past day.

💸 The whale now holds 1.6B DOGE, valued at $248.6M, sparking intrigue in the crypto community.

💡 Meanwhile, DOGE's price surge was followed by minor fluctuations, as it hovers around $0.15438.

🤖 DOGE founder Billy Markus sparks conversation with a gloomy AI prediction, prompting ironic responses from followers.

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👋Good morning!

Today, the market is in the red, most altos are red. The value of BTC is about $67,105. ETH is about $3,120.

⭕Fear/Greed Index: 72-greed

📉A selection of morning news:

⏺ Solana demonstrates her growth in the world of fleas.

⏺ Mike Novograd speaks for the future movement of Bitcoin.

⏺ Mastercard integrates technical blocking with 5 pages.

⏺ X (ex-twitter) Ilona Mask is processing new crypto payment data.

⏺ He spent only $3 million on the purchase of the Genesis crypto loan by klintam.

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🐦 Could you buy a pizza for 10k BTC

🟠17% of all bitcoins have not been moved for more than 10 years.

This is more than 16% at the beginning of 2024.

Admit it, which of you millionaires has forgotten the sid phrase? 🤟

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🐦 Bitcoin 2021 vs Bitcoin 2025

The comparison on the charts shows that $150k will come sooner than we think 💰

Then add all the companies that have bought $11 billion worth of bitcoins and continue to buy daily.

The biggest bull market in the history of cryptocurrencies will come in the next 12 months.

♥️ - we are waiting for the largest bull market in history
😁 - crypt bubble, only down

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Good Morning!📰
🔐Altcoin Unlocks on May 20

Pyth Network (PYTH):
- 🌍 Market Cap: $571.80 million
- 🔐 Unlock: $809.09 million (141.65% of market cap)

Braintrust (BTRST):
- 🌍 Market Cap: $180.94 million
- 🔐 Unlock: $2.71 million (1.50% of market cap)

DexCheck (DCK):
- 🌍 Market Cap: $17.98 million
- 🔐 Unlock: $2.38 million (13.25% of market cap)

AltLayer (ALT):
- 🌍 Market Cap: $332.20 million
- 🔐 Unlock: $1.04 million (0.31% of market cap)

Aevo (AEVO):
- 🌍 Market Cap: $89.00 million
- 🔐 Unlock: $4.53 million (5.09% of market cap)

Sei (SEI):
- 🌍 Market Cap: $946.26 million
- 🔐 Unlock: $1.22 million (0.13% of market cap)

bitsCrunch (BCUT):
- 🌍 Market Cap: $10.64 million
- 🔓 Unlock: $2.13 million (19.97% of market cap)

Iron Fish (IRON):
- 🌍 Market Cap: $54.33 million
- 🔓 Unlock: $1.69 million (3.12% of market cap)

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Why Is The Crypto Market Down Today?

📉 Crypto Market Update:
The crypto market took a breather this weekend, with Bitcoin's price slightly down. Despite some green in the intra-day candlestick, overall growth remains minimal. This impacts Pyth Network (PYTH), which is seeing a drawdown.

📰 In the News:

Genesis gets court approval to distribute $3 billion to creditors, resolving 77% of claims.
Kraken's Mark Greenberg reassures no Tether delisting plans in Europe.

📉 Bitcoin Pause:
BTC is hovering around $67,100, with a minor 1.26% growth today. The recent dip halted the ongoing rise, likely leading to consolidation between $68,500 and $64,800.

📉 Pyth Network's Dip:
PYTH is at a four-month low, down by 13% on Sunday to $0.38. It might bounce back to $0.46 or decline further below the key support of $0.35.

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📉 XRP on Edge: Panic Selling Ahead?
XRP's price could be heading for a dip, suggests on-chain analysis. Holders, beware! 🚨

🐋 Whales Exiting: Bearish Signs?
Large XRP holders are offloading their tokens, hinting at looming sell pressure. This could flood the market with XRP, causing prices to drop.

💼 Market Sentiment Shift:
Whale behavior indicates a shift in market sentiment, raising concerns about XRP's stability. Volatility might spike as whales sell off, affecting smaller investors.

💰 Sub-$0.50 Looms:
XRP's recent gains might be short-lived as the token faces pressure. Brace for a possible drop below $0.50.

📉 OI and Activity Woes:
Decreasing Open Interest and active addresses signal reduced market activity, possibly leading to further price declines.

📈 Volatility Concerns:
While volatility has spiked, it might not be a positive sign amidst selling pressure and declining market participation.

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🚨 Important Warning from Dogecoin Founder!🐶

Billy Markus issues a crucial message to advertisers about malware threats on social media platforms like X. 🔒

🛡️ Malware Challenge:
Users are tired of ads with malware and nonsense, says Markus. Advertisers need to clean up their act to prevent ad-blocking.

🔍 Scam Alert:
Scammers prey on social media users, especially in the Web3 era. Projects like Shiba Inu and Ripple warn against false claims.

dear all websites,

we are less likely to block your advertisements if your advertisements don’t pop up malware and other bogus crap

it’s your fault that people block ads— Shibetoshi Nakamoto (@BillyM2k) May 20, 2024

💡 Staying Safe:
Users urge honesty from projects and advertisers. In the crypto world, one wrong click can lead to disaster.

💰 Fighting Crypto Scams:
As scams evolve, community awareness becomes vital. Cardano's Charles Hoskinson highlights the role of AI Deepfakes in combatting fraud. Stay vigilant against too-good-to-be-true offers!


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