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πŸ“ˆ ADA Price Surge: Potential Profitability Boost Ahead πŸš€

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

πŸš€ 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.

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

πŸ“Š 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.

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

πŸ”‘ 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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πŸ“Š Projects with the largest number of users on the main L1 and L2 chains

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πŸ“ˆ XRP Ledger Soars in Q1, But Challenges Linger πŸš€

πŸ“Š 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.

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

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

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

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πŸš€ DOGE Price Surges 4.45% as 120M DOGE Sent to Robinhood

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

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

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

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

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

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πŸ‘‹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.

β­•Fear/Greed Index: 72-greed

πŸ“‰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 πŸ’°

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.

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

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πŸ’΅Last week, inflows into spot BTC-ETC amounted to +$948.3mn

A week earlier the inflow was only +$116.8mn - Farside data

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Good Morning!πŸ“°
πŸ”Altcoin Unlocks on May 20

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

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

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

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

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

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

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

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

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Why Is The Crypto Market Down Today?

πŸ“‰ 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.

πŸ“° 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.


πŸ“‰ 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.

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

πŸ‹ 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.

πŸ’Ό 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.

πŸ’° 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.

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

πŸ“ˆ 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. πŸ”’

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

πŸ” 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 adsβ€” Shibetoshi Nakamoto (@BillyM2k) May 20, 2024


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

πŸ’° 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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🐢Do users really care about decentralization? Industry figures clash

πŸ”₯ Clash Over Decentralization!
Ethereum researcher Dankrad Feist ignited a fiery debate on X, claiming Ethereum truly embodies the crypto vision, despite its messy appearance.

πŸ’₯ Market Dynamics:
Mert Mumtaz of Helius Labs countered, suggesting the market's understanding of decentralization might differ from Ethereum's vision.

πŸ”„ Market vs. Vision:
Feist questioned how much the market values decentralization, highlighting examples like banks.

πŸ€” Who Judges?
Feist emphasized he wouldn't solely rely on the market's judgment, leading to a final exchange with Mert.

πŸ’Ό Controversy Continues:
The debate echoes concerns over Ethereum Foundation's Justin Drake's new role at EigenFoundation, raising questions about potential conflicts of interest.

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BTC target is $74,000 πŸ₯‡

Traders found an inverted head and shoulders on the daily bitcoin chart and added Elliott waves that send the price first to $71k, then a correction to $66k and a new upswing to $74k.

It is $66k that now acts as a key support level above which we maintain the uptrend because 530,000 BTC was sold at this price.

Keep the forecast, let's check πŸ†—

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⚑️ According to the president of ETF Store, a decision on the spot Ethereum-ETF from the SEC could come this week.

In order to launch the Ethereum-ETF, the SEC must approve Form 19b-4, which deals with changes to trading rules, and then review Form S-1, which is the registration statement.

Nate Geraci notes that it's possible the SEC will approve the 19b-4 but then slow down the S-1 review process.


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πŸ“Š Solana is significantly ahead of other networks by the number of transactions on decentralized exchanges - more than 210 million over the past 30 days.

The number of unique DEX users in Solana for a month exceeded 11 million with trading volume of more than $47 billion. The second place is occupied by BNB Chain (BSC) with 29 million transactions in its own DEX with 4.6 thousand unique traders and trading volume twice less.

Solana's low fees have made it the most popular blockchain for launching tokens, and memcoins in particular. Over the last 30 days, more than 466k new tokens have appeared on the network (not counting NFTs).

A significant part of trading operations in Solana takes place exactly on decentralized trading services such as Raydium, Orca or Jupiter.

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NOT πŸ’Ž is now a fully supported asset in Wallet Telegram.

Starting today, you can:
πŸ”·Buy and sell NOT on the P2P marketplace
πŸ”·Exchange it to TON, USDt and BTC
πŸ”·Send it to your contacts
πŸ”·Use it for payments in Wallet Pay

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πŸ‡ΊπŸ‡ΈThe U.S. Congress is about to vote on a bill that defines blockchain decentralization as:

Any issuer cannot control more than 20% of a digital asset and have voting rights above that percentage

πŸ–€ This will force protocols to issue coins with a higher circulating volume and a higher percentage aimed at the community rather than funds and investors.

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BTC updated the maximum in Japan, Argentina and the Philippines πŸ‘€

This was made possible by the depreciation of national currencies. In fact, all fiat is losing its purchasing power, just at different speeds.


Ethereum is already at $3,700, up 19% in 24 hours πŸ•”

Fidelity has updated its application for an ether spot ETF, eliminating staking from it. May 23 and 24 is the SEC's deadline to rule on ETF applications from VanEck and ARK Invest.

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🐦Phantom (a crypto wallet in the Solana ecosystem) acquired Bitski to simplify user access to decentralized applications (dapps).

πŸ”ΊBitski is known for its embedded wallet technology and collaboration with brands such as Adidas and WWE.

πŸ”ΊThis helps users log into dapps using email or social media. πŸ–€

πŸ”ΊSimple and versatile. Finally, the crypt will be adapted for the mass user πŸ˜–

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