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๐Ÿš€๐ŸŽ‰ Buckle up, Bitcoin enthusiasts! CoinGate, the Lithuania-based blockchain payment processor, has given a thumbs up to the popular meme coin, Shiba Inu (SHIB)! ๐Ÿ•๐Ÿ’ฐ It's integrated SHIB with Polygon and Binance Smart Chain, enabling it as a payment method. Now, you can use your SHIB to book Airbnb, grab the latest games from Steam & PS5, or even refresh your wardrobe with Nike & Zalando! ๐Ÿ ๐ŸŽฎ๐Ÿ‘Ÿ CoinGate acts as a bridge between crypto and traditional finance, facilitating transactions for goods and services. It's collaborated with big names like Airbnb, Nike, Spotify, Walmart, IKEA, Uber, and many more. ๐ŸŒ‰๐Ÿ’ผ In other exciting news, SHIB's price has seen a significant uptick, with its market capitalization nearing a whopping $14 billion! ๐Ÿ“ˆ๐Ÿ’ฒ Since its birth in the summer of 2020, SHIB has captured the attention of numerous industry participants and exchanges. The crypto lending platform Nexo recently enabled users to buy Shiba Inu, and leading crypto firms like Binance, Kraken, Coinbase, Gemini, OKX, KuCoin, GroveX have already embraced the meme coin. ๐ŸŒ๐Ÿ’ช Stay tuned for more exciting updates in the world of Bitcoin and beyond! ๐ŸŒ๐Ÿš€

๐Ÿš€๐ŸŽ‰ Buckle up, Bitcoin enthusiasts! CoinGate, the Lithuania-based blockchain payment processor, has given a thumbs up to the popular meme coin, Shiba Inu (SHIB)! ๐Ÿ•๐Ÿ’ฐ It's integrated SHIB with Polygon and Binance Smart Chain, enabling it as a payment method. Now, you can use your SHIB to book Airbnb, grab the latest games from Steam & PS5, or even refresh your wardrobe with Nike & Zalando! ๐Ÿ ๐ŸŽฎ๐Ÿ‘Ÿ

CoinGate acts as a bridge between crypto and traditional finance, facilitating transactions for goods and services. It's collaborated with big names like Airbnb, Nike, Spotify, Walmart, IKEA, Uber, and many more. ๐ŸŒ‰๐Ÿ’ผ

In other exciting news, SHIB's price has seen a significant uptick, with its market capitalization nearing a whopping $14 billion! ๐Ÿ“ˆ๐Ÿ’ฒ

Since its birth in the summer of 2020, SHIB has captured the attention of numerous industry participants and exchanges. The crypto lending platform Nexo recently enabled users to buy Shiba Inu, and leading crypto firms like Binance, Kraken, Coinbase, Gemini, OKX, KuCoin, GroveX have already embraced the meme coin. ๐ŸŒ๐Ÿ’ช

Stay tuned for more exciting updates in the world of Bitcoin and beyond! ๐ŸŒ๐Ÿš€

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๐Ÿš€๐Ÿš€Buckle up, BTC enthusiasts! Ethereum's native token is making waves! After a significant surge toward the $4K resistance level, it's seen increased selling pressure, leading to a slight consolidation. But don't worry, this is just the calm before the storm! ๐ŸŒฉ๏ธ The daily chart shows renewed demand and buying pressure near the critical $3K support level. This buying momentum led to a notable upward move, with many short positions being liquidated as the price approached the substantial $4K resistance zone. However, a considerable supply near this pivotal area has increased sales pressure, causing increased volatility and a slight consolidation. The 4-hour chart closely examines ETHโ€™s recent bullish momentum, with the price demonstrating a significant 26% spike and surpassing multiple resistance levels. However, upon reaching the crucial $4K resistance area, the asset experienced increased volatility due to a large liquidation event. The perpetual futures market has been a key driver of Ethereumโ€™s price dynamics in recent years. The chart highlights a significant increase in the open interest metric, which coincides with a notable surge in ETHโ€™s price and positive funding rate values. This uptick in open interest indicates heightened activity in the perpetual futures market, with more participants taking aggressive positions. While the market sentiment is bullish, the price may enter a phase of elevated volatility and sideways consolidation before making its next big move. This temporary consolidation would allow the market to absorb recent gains and set the stage for a potential continuation of the bullish trend. So, keep your eyes on the prize, folks! ๐Ÿ†๐Ÿ†
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๐Ÿš€Buckle up, BTC enthusiasts! After a rocky end to April and a tumultuous May 1, Spot Bitcoin ETFs are back on track with a whopping 10 consecutive days of positive flows! ๐Ÿ“ˆ This bullish trend follows BTC's rollercoaster ride, fueled by news of Ethereum ETFs, and now sees the asset heading towards a cool $69,000. ๐Ÿ’ฐ Let's rewind a bit. Back in January, the crypto industry celebrated a huge milestone when the US SEC finally gave the green light to nearly a dozen spot Bitcoin ETFs. The impact was immediate, attracting billions of dollars in just a few months. ๐ŸŽ‰ But then came April, and the tide turned with several red days. May 1 was particularly brutal, with over $560 million in outflows. ๐Ÿ˜ฑ However, the winds of fortune shifted again in the following weeks, especially after the positive US CPI data for April. Since May 10, the largest ETFs have been on a winning streak, matching the 10-day record of inflows from March. ๐Ÿฅณ BlackRockโ€™s IBIT is leading the charge in inflows, attracting over $16,350 billion. Grayscale still holds the crown with $20 billion, but the outflows suggest BlackRock might soon take the throne. ๐Ÿ‘‘ In total, all ETFs are nearing $13.7 billion in inflows. Meanwhile, Ethereum fans also had a reason to celebrate this week as the US SEC approved eight spot ETH ETFs. ๐ŸŽˆ BTC's response to the Ethereum news was a wild ride, soaring from $67,000 to $72,000 before plunging to under $66,000. But the past 24 hours have been more positive, possibly driven by the impressive inflows, and BTC is now hovering close to $69,000. ๐Ÿš€ Stay tuned, folks! The crypto ride is far from over! ๐ŸŒ
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๐Ÿš€Crypto enthusiasts, buckle up! The U.S. Supreme Court has unanimously ruled against Coinbase Inc. (COIN) in an arbitration dispute over its 2021 Dogecoin (DOGE) sweepstakes. ๐Ÿ•๐Ÿ’จ In a 9-0 ruling, the court clarified that when parties are governed by multiple contracts, it's up to the court to decide which legal agreement takes precedence. ๐Ÿ›๏ธ๐Ÿ“œ Coinbase had hoped to settle the dispute through arbitration, based on user agreements that mandate arbitration for all customers. However, a federal judge ruled that the sweepstakes terms, which specified California's court system for related disputes, overruled the customer agreement. ๐Ÿšซโš–๏ธ The Supreme Court upheld the lower court's authority, dismissing Coinbase's argument that ruling against them would lead to legal chaos and enable parties to dodge arbitration agreements. ๐ŸŽฏ๐Ÿ‘ฉโ€โš–๏ธ Richard Silberberg, an arbitration lawyer, noted that the decision was "hardly surprising" and confirmed that "a court, not an arbitrator, must decide whether the parties' first agreement was superseded by the second." ๐Ÿ“š๐Ÿ‘จโ€โš–๏ธ The dispute originated from a lawsuit by former Coinbase user David Suski, who claimed that the "Trade Doge, Win Doge" contest misled participants into thinking a $100 purchase or sale of Dogecoin was required to win cash prizes. However, the fine print revealed an alternative entry method via mail, avoiding the need for purchase. ๐Ÿ“ฌ๐Ÿ’ธ In response to the ruling, Coinbase's Chief Legal Officer Paul Grewal commented, "Some you win. Some you lose. We are grateful for having had the opportunity to present our case to the court and appreciate the court's consideration of this matter." ๐Ÿ™๐ŸŽข Stay tuned for more updates on this rollercoaster ride in the crypto world! ๐ŸŒ๐Ÿ’ซ
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๐Ÿš€๐Ÿš€Buckle up, BTC enthusiasts! The U.S. Congress may be warming up to crypto, but President Biden could still be a roadblock, says Senator Cynthia Lummis. ๐Ÿง In a recent interview, Lummis shared insights on Capitol Hill's evolving views on crypto and the parties still resisting pro-crypto legislation. The big question? Whether Biden will sign H.J.Res. 109 into effect. This resolution, which has bipartisan support, aims to repeal a prior SEC rule that made it tricky for regulated banks to offer crypto custody services. ๐Ÿฆ๐Ÿ’ผ Biden had threatened a veto, but the strong bipartisan backing for the act has some hoping he might change his tune. ๐ŸŽต๐ŸŽถ However, Lummis warns that the SEC had already cautioned her about a potential Biden veto. Now, she says, the White House will have to reconsider. ๐Ÿค” Meanwhile, two other crypto-focused bills, FIT21 and the CBDC Anto Surveillance State Act, have passed the House. FIT21 even secured a two-thirds majority vote, enough to override a potential presidential veto if the Senate shows equal support. ๐Ÿ“œ๐Ÿ‘ Lummis notes that bipartisan support for crypto is growing, but opposition still exists, mainly from the "progressive wing" of the Democratic party. ๐Ÿ˜ฌ Going forward, Lummis encourages the crypto industry to engage with their congresspeople and educate them about digital assets. She sees the 2024 political opportunity as a chance to establish a lasting framework for the digital asset industry. ๐ŸŽ“๐Ÿ“š So, will Biden veto pro-crypto legislation? The crypto world is watching! ๐Ÿ‘€๐Ÿฟ
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