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Critical move from Shiba Inu (#SHIB): Is the real rise starting? 🔸 With the latest development, $SHIB investors are excited! 🔸 Expectations are increasing for the popular memecoin SHIB! $BTC $SHIB

Critical move from Shiba Inu (#SHIB): Is the real rise starting?
 🔸 With the latest development, $SHIB investors are excited!
 🔸 Expectations are increasing for the popular memecoin SHIB!
 $BTC $SHIB 

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Asia sees its first spot bitcoin and ether ETFs with gains. In a notable development for cryptocurrency investments in Asia, six new spot bitcoin and ether exchange-traded funds (ETFs) witnessed gains at the opening session in Hong Kong today. Three bitcoin ETFs in particular were up more than 2% by midday. This event marks a significant milestone as it represents Asia's first foray into spot cryptocurrency ETFs, following the United States, which introduced its first spot bitcoin ETFs three months ago. #Bitcoin ETFs managed by China AMC, Harvest and Bosera were up about 2.6% by midday. Meanwhile, the three ether ETFs also managed by these asset managers are largely unchanged. Bitcoin itself also rose modestly by around 1% on the day. China AMC's bitcoin #ETF was launched with an initial size of HK$950 million ($121 million), making it the largest among the newly launched funds. Despite the cryptocurrency ban in mainland China, Hong Kong is positioning itself as a global digital asset hub and aims to maintain its status as a leading financial centre. At the launch event, Securities and Futures Commission (SFC) executive director Christina Choi hailed the launch of these products as an important moment for the ETF market in Hong Kong, but also warned investors about the risks, highlighting the speculative and volatile nature of virtual assets and He advised that it may not be suitable for everyone. The launch of these #ETFs positions Hong Kong as a direct competitor to the US in the crypto investor market. In the U.S., spot bitcoin ETFs attracted nearly $12 billion in net inflows, which helped boost bitcoin prices earlier in the year. However, US regulators have not yet approved ETFs that track spot prices for ether. $BTC $BNB $ETH

📢 Important News 🔸️Recently, #ScamRiskWarning has been occurring more frequently, especially after successful launch pools by #Binance. 🔸️Sometimes scammers copy a celebrity's social media address, hack someone's social media, or create their own communities to attempt various scams. 🔸️The entry conditions for #BinanceLaunchpool are clear: you can participate by staking BNB. However, malicious individuals claim to offer you cheaper options by providing their own contract address. Be cautious of such scammers. 🔸️Always follow official social media addresses, especially those of projects like #Binance and #BNB . Pay attention to #ScamRiskWarning alerts. Do not trust those who claim to help you privately. $BTC $BNB $ETH

Herkese Merhaba Arkadaşlar. Son zamanlarda #ScamRiskWarning çok yaşanmaya başladı. 🧙‍♂️ Özellikle #Binance nin başarılı Launchpoolları sonrası daha sık yaşanmaya başladı. 🧙‍♂️ Bazen bir fenomenin sosyal medya adresini kopyalayarak bazen de birilerinin sosyal medyasını hackleyecerek. Bazen de kendileri topluluk oluşturarak çesitli #Scam denemelerinde bulunuyorlar. 🧙‍♂️ #BinanceLaunhcpool girme koşulları belli. Özetle BNB stake ederek katılabilirken. Kötü amaçlı kişiler Sizlere kendilerinin ürettikleri, kendilerine ait Kontrat adresi atarak. Daha ucuza alabileceğinizi iddia ediyorlar. Bu tarz dolandırıcılara karşı dikkatli olun. 🧙‍♂️ Her zaman için resmi sosyal medya adreslerini takip edin. Başta Binance ,BNB olmak üzere her zaman için ilgili projenin sosyal medya kanallarını ,duyurularını takip ediniz. 🧙‍♂️ #ScamRiskWarning uyarilarını dikkate alınız. Size ozelden yazıp yardım edebileceğini söyleyenlere itibar etmeyiniz. $BTC $BNB

$ETH 3 Billion Dollar Token Unlocking Awaits May Avalanche will release 9.54 million AVAX tokens ($329.19 million) on May 22. These tokens will be airdropped to the team, foundation, strategic partners, as well as 1.13 million AVAX ($38.81 million). Memecoin (MEME) will also release 5.31 billion MEME tokens ($147.95 million) on May 3. It will also release 49.47 MEME tokens ($1.38 million) per day for the next 184 days. The majority of the abyss unlock will be released as an airdrop. Linear unlocking, on the other hand, will mostly flow to the ecosystem and investors. Ethereum L2 Arbitrum will unlock 92.65 million ARB ($103.76 million) on May 16. All of this will go to the team, advisors and investors. However, Aptos will unlock 11.31 APT ($102.1 million) on May 12 for the foundation, community, core contributors, and investors. Finally, the Bored Ape-themed ApeCoin will release 15.6 million APE ($19.97 million) on May 17, which will mostly go to the treasury and Yuga Labs, according to TokenUnlocks. $AVAX $MEME

Bitcoin Miners Are Transferring Large Amounts of BTC to Exchanges. With the launch of spot #Bitcoin ETFs in Hong Kong earlier today, the Bitcoin price made a small recovery of 2% to above $63,300 levels. However, the price started to decline and settled below $62,000. On-chain data shows that Bitcoin miners have been offloading their BTC holdings recently. On-chain analysis platform Cryptoquant reported significant transfers of BTC from miners to spot exchanges. This observation, which shows an increase in Bitcoin movement from miners to spot exchanges, points to market imbalance. It was clear that Bitcoin miners would sell their #BTC to cover their operational expenses after the Bitcoin halving event. From a basic perspective, the situation makes sense. Despite similar price levels, miners are currently making about half the BTC revenue compared to a few weeks ago. “Miners are sending large amounts of Bitcoin to spot exchanges. Observing large amounts of #BTC coming from miners to spot exchanges often creates a feeling of imbalance in the market.” Miners play a crucial role in verifying and securing the network by consuming electricity and covering various expenses such as rent and payroll. In return for these efforts, they receive rewards in the form of Bitcoin. However, a long-term trend leading to negative profitability among miners could potentially impact Bitcoin's price. Experts also advise against panicking based on this data alone and recommend ongoing monitoring to measure the impact over time. While Hong Kong Bitcoin ETFs began trading today, US Bitcoin #ETFs continued to see outflows ahead of some major macro events. This week marks important economic events, starting with the US Federal Reserve's eagerly awaited interest rate decision on May 1. Analysts estimate there is a 95.6% chance that the Fed will keep interest rates at their current levels.

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