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🧙♂️The amount of #Bitcoin on exchanges dropped to 1.7 million, an all-time low. $BTC
🧙♂️The amount of
#Bitcoin
on exchanges dropped to 1.7 million, an all-time low.
$BTC
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Good News for This Veteran Altcoin from Bitcoin Exchange Binance! Binance, the world's largest cryptocurrency exchange, continues to direct the crypto market with the decisions it makes. As of today, Binance shared an important announcement about Neo (NEO), a veteran altcoin. According to the latest information, Binance will support the network upgrade and hard fork in NEO. Here is the announcement shared by Binance on the subject: “Starting approximately 5/27/2024 08:00 (UTC), Binance will suspend deposits and withdrawals of tokens on the Neo (NEO) network to support network upgrade and hard fork to ensure the best user experience. *Network upgrade and hard fork will occur at block height 5,450,000. *Trading of tokens on the above-mentioned network will not be affected. *Binance will meet all technical requirements for all users. Deposits and withdrawals for tokens on the above-mentioned network will be reopened once the upgraded network is deemed stable. “No further announcements will be made.” NEO, which was traded at $14.8 at the time our news was written, has experienced a total decrease of 5% today. $BTC $NEO
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Terra Founder Do Kwon's Fate May Be Decided: SEC Goes to Montenegro An important meeting was held for Do Kwon, the founder of Terra (LUNA), which caused a huge earthquake in the cryptocurrency market by sinking. Montenegrin Minister of Justice Andrej Milović and Director General of Capital, International and EU Fund Projects Dragutin Đeković recently met with representatives of the US Securities and Exchange Commission (SEC). The SEC delegation included Director of Investigations Gurbir Greval, Head of the Crypto Asset and Cyber Unit (CACU) David Hirsch, CACU Deputy Director Jorge Tenriero, Office of International Affairs (OIA) Deputy Director Matthew Greiner and Senior Special Counsel (OIA) Marley Miller. During the meeting, Minister Milović was presented with a detailed principle on the work of the SEC, with particular emphasis on the principles of monitoring and protecting investors participating in stock market transactions and cryptocurrency trading. It was explained how the legal system works regarding these activities, what legal remedies are available for investors and what actions are taken in different situations. One of the topics of the meeting was the SEC's investigation into the Terra (LUNA) founder Do Kwon case. Minister Milović was informed about the results of this investigation and the progress of the legal process against Do Kwon in the USA. Minister Milović emphasized the importance of international cooperation in the field of investor protection and the fight against fraud in financial markets and thanked the SEC representatives for the detailed presentation and useful information. $BTC $LUNA
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Ethereum (ETH) Ready to Explode: Analysts Predict It Could Rise to $5,000. *Ethereum could make a potential comeback towards the $5,000 level thanks to key long-term indicators. *Finally, the SEC's approval of eight spot Ethereum ETFs has significantly increased investor interest. *Blockchain Mane emphasizes the importance of Fibonacci Retracement and Parabolic Curve in predicting Ethereum's price movements. Discover the latest insights on Ethereum's potential comeback, fueled by key technical indicators and recent regulatory developments. The U.S. Securities and Exchange Commission (SEC) approved eight spot #Ethereum exchange-traded funds (ETFs) on May 23. This regulatory milestone resulted in a 19.56% increase in Ethereum's dominance, according to TradingView data. The approval triggered growing investor interest, signaling a potential bull run for Ethereum. Blockchain Mane highlights the importance of the Fibonacci Retracement pattern, a critical support indicator that determines Ethereum's recovery potential. #Fibonacci levels show resistance targets at $5,080.60 and $6,231.83. Currently, Ethereum is trading at $3,802, which is significantly off its November 2021 peak of $4,878. $BTC $ETH
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🧙♂️#ElonMusk shared a photo after the death of Kabos, the face of #Dogecoin
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🗣️US Senator Cynthia Lummis: The SEC's approval of a spot ETF for Ethereum is the latest sign that cryptocurrency is being recognized as a mature asset class. It underscores the need for Congress to pass a regulatory framework to protect consumers and provide clear rules for the industry.
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