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🚀Bitcoin's rollercoaster ride continues!🎢 After a multi-day high of $64,500, BTC has taken a slight dip, retracing by over $1,000. But don't fret, it's still trading above $63,000, and its dominance over the altcoins is nearing 51%. 💪 The start of May was a bit of a scare for BTC enthusiasts as the cryptocurrency took a tumble after failing to break the $65,000 mark. This led to a two-month low of $56,500. 😱 But every cloud has a silver lining, right? The Fed's decision not to raise interest rates added some spice to the market, causing BTC to pump and dump by $2,000 in mere minutes! 😲 But, the gradual price recovery began, and by Friday, BTC was back up to $59,000. The bulls weren't done yet, though! They pushed BTC beyond $62,000, culminating in a multi-day high of $64,500. Although BTC couldn't maintain that level, it's still trading above $63,000. 🚀 Meanwhile, Dogecoin has been stealing the show, doubling down on its run and jumping another 6% in the past 24 hours. It's now trading at $0.16. 🐕 On the flip side, TON, SHIB, and ADA have seen declines of 2-4%. ETH, BNB, SOL, and XRP are also in the red, but not by much. The total crypto market cap has declined by around $40 billion since yesterday's peak, now standing at $2.450 trillion. So, buckle up, BTC enthusiasts! The ride isn't over yet! 🚀🎢

🚀Bitcoin's rollercoaster ride continues!🎢 After a multi-day high of $64,500, BTC has taken a slight dip, retracing by over $1,000. But don't fret, it's still trading above $63,000, and its dominance over the altcoins is nearing 51%. 💪

The start of May was a bit of a scare for BTC enthusiasts as the cryptocurrency took a tumble after failing to break the $65,000 mark. This led to a two-month low of $56,500. 😱

But every cloud has a silver lining, right? The Fed's decision not to raise interest rates added some spice to the market, causing BTC to pump and dump by $2,000 in mere minutes! 😲 But, the gradual price recovery began, and by Friday, BTC was back up to $59,000.

The bulls weren't done yet, though! They pushed BTC beyond $62,000, culminating in a multi-day high of $64,500. Although BTC couldn't maintain that level, it's still trading above $63,000. 🚀

Meanwhile, Dogecoin has been stealing the show, doubling down on its run and jumping another 6% in the past 24 hours. It's now trading at $0.16. 🐕

On the flip side, TON, SHIB, and ADA have seen declines of 2-4%. ETH, BNB, SOL, and XRP are also in the red, but not by much. The total crypto market cap has declined by around $40 billion since yesterday's peak, now standing at $2.450 trillion.

So, buckle up, BTC enthusiasts! The ride isn't over yet! 🚀🎢

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🚀🚀 Bitcoin enthusiasts, get ready for some exciting news! Metaplanet, a Japanese investment and consulting firm listed on the Tokyo Stock Exchange, has just made a big move! 🎉🎉 The company has adopted Bitcoin as its reserve asset, integrating it into its treasury management strategy. Metaplanet is going all-in with a Bitcoin-first, Bitcoin-only approach, using long-dated Japanese yen liabilities and periodic share issuances to buy more BTC. 📈📈 Why the sudden love for Bitcoin? Metaplanet sees Bitcoin as superior to all other forms of currency, traditional stores of value, and investment, calling it an "absolutely scarce digital synthetic monetary commodity". This comes after the firm invested a whopping one billion JPY ($6.5 million) into BTC last month. 🎯🎯 The move is also a response to Japan's economic pressures, including a weak yen, long periods of negative interest rates, and high government debt levels. Metaplanet believes its new Bitcoin strategy will enhance shareholder value in the long term. 🏦🏦 Japan's economic landscape has been tough, with the yen falling to 34-year lows recently. Metaplanet sees this as a sign of an increasing rate of monetary devaluation in the future. The company's Bitcoin strategy aims to protect its balance sheet from further yen devaluation and position the company as a BTC-focused investment vehicle. 🚗🚗 So, Bitcoin lovers, here's another big win for our favorite digital asset! Let's see who's next to join the Bitcoin bandwagon! 🥳🥳
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🚨Crypto enthusiasts, buckle up! The notorious hacker who swiped 150,000 ETH from the Parity Multisig Wallet version 1.5 in 2017, is back in action! 😱 According to Cyvers Alerts, the cybercriminal has begun moving the stolen Ethereum, now worth a whopping $9 million, to the cryptocurrency exchange eXch. The hacker still holds control over 83,017 ETH, which is a staggering $246.6 million from the 2017 heist. 🤯 Rewind to July 2017, the original incident was triggered by a bug in a multi-signature contract named wallet.sol, impacting Parity’s wallet software v1.5 or later. The hacker exploited this bug to re-initialize the wallet, effectively resetting it to factory settings, and gaining control of victims' wallets with a single transaction. The theft led to unauthorized access and the loss of over 150,000 ETH, valued at $30 million then, but now worth a mind-boggling $442 million at current prices. 😲 Parity Technologies, the company behind the affected wallet, classified the bug’s severity as “critical” and advised users to transfer their assets to secure addresses. Thankfully, white hat hackers managed to recover 377,000 ETH at risk due to the same vulnerability. 🙌 Analysts from OpenZeppelin emphasized the importance of robust coding standards within the Ethereum ecosystem, warning that overlooking such protocols could lead to severe consequences. So, crypto world, let's stay vigilant and keep our digital assets safe! 💪🔒 Stay tuned for more updates! 🚀
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🚀 Bitcoin is back in the game, folks! 🎉 Digital assets investments reported their first inflow in five weeks, with a neat $130 million net gain over the past week. Bitcoin investment products led the charge with a $144 million inflow, bouncing back from a slow month. 📈 However, it's not all sunshine and rainbows. 🌈 The US regulators' silence on spot Ethereum ETF applications has sparked speculation that approval might not be around the corner. This has resulted in significant outflows for Ethereum, with a whopping $14 million leaving the scene last week. 😱 Among the altcoins, Solana took the spotlight with weekly inflows of $5.9 million. Meanwhile, investment products for Polkadot, XRP, and Litecoin also saw inflows, albeit on a smaller scale. 🎢 But hold on, there's more! CoinShares revealed that the volumes of Exchange-Traded Products (ETPs) are on the decline, with only $8 billion traded last week compared to an April average of $17 billion. 📉 In terms of regions, the US received the largest inflow of $135 million, while Grayscale, a major player, saw its lowest weekly outflows since January, totaling $171 million. Switzerland also saw inflows of $14 million. 🌍 On the flip side, Canada and Germany continued to experience outflows, bringing their combined year-to-date outflows to a staggering $660 million. Sweden also recorded weekly outflows of $4.8 million. 📊 So, what's the takeaway? It's a mixed bag, but Bitcoin is showing signs of life again, and that's something to cheer about! 🥳
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