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#GenesisVsGemini The Bankruptcy Court approved a settlement for #gemini and #Genesis to distribute 97% of owed digital assets by early June, with further payments dependent on additional recoveries. Fore more details click on below https://www.gemini.com/earn #write2earn🌐💹 #FollowForMoreInsights

#GenesisVsGemini

The Bankruptcy Court approved a settlement for #gemini and #Genesis to distribute 97% of owed digital assets by early June, with further payments dependent on additional recoveries.

Fore more details click on below

https://www.gemini.com/earn

#write2earn🌐💹

#FollowForMoreInsights

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! Just Now ! Morgan Stanley Discloses $270 Million Bitcoin ETF Investments According to a recent SEC filing, Morgan Stanley has disclosed $270 million in Bitcoin ETF investments. The bank holds 31,712 shares in Ark Invest’s 21Shares ETF (ARKB) and $269 million in Grayscale Bitcoin Trust(GBTC), making it the third-largest holder of GBTC. This move follows the approval for Morgan Stanley to incorporate spot Bitcoin ETFs into 12 investment funds and plans to enable 15,000 brokers to recommend these ETFs. This major institutional investment highlights the growing acceptance of Bitcoin in traditional finance. #FollowYourBrotherForMore #BinanceLaunchpool #MicroStrategy
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🤔🤔🤔🤔🤔 Be aware 🤔🤔🤔🤔🤔 Just Now !!!! MIT graduates indicted for $25 million Crypto fraud, How did they do it in 12 seconds? The Department of Justice announced another digital assets market shocker, indicting two MIT graduates for allegedly organizing crypto fraud. James Peraire-Bueno and Anton Peraire-Bueno have been accused of stealing $25 million in cryptos in first of its kind fraud. The brothers managed to steal the digital assets within a 12 second window. MIT brothers violates ETH blockchain According to reports, MIT graduate brothers exploited a vulnerability in the Ethereum blockchain. Prosecutors claim that the brothers found a flaw that allows outsourced bots to detect valuable pending transactions before they are finalized. James Peraire-Bueno and Anton Peraire-Bueno went ahead to exploit the blockchain by allegedly posing as Ethereum validators. They redirected these transactions and siphoned off around $25 million. Meanwhile, foreign law enforcement has managed to freeze approx $3 million of the reported stolen funds. The report mentioned that the brothers had converted the rest of the stolen cryptos into DAI which is token pegged to the US dollar. However, the brothers allegedly made shell companies in order to use multiple private crypto addresses and foreign exchanges. Will SEC take some action? This comes in when the US Securities and Exchange Commission (SEC) Chair Gary Gensler has voiced his concerns about the lack of regulation in crypto markets. Meanwhile, this case also emerges as the commission is considering deciding on the approval of an Ethereum linked exchange-traded fund (ETF). A decision is expected by the end of this month. This ETF approval is anticipated to give investors access to ETH without entering the market. They had bonds set at $250,000 each. They must secure two co-signers for their release by May 29 and are barred from trading cryptocurrency, securities, and commodities. #FollowYourBrotherForMore #Memecoins #BeCautiousOfScams
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🚀🚀🚀🚀BOOM BOOM BOOM🚀🚀🚀🚀 Crypto Market Enters The Greed Zone: Start Of Bull Run? 1/2 $BTC $ETH $BNB Is It The Start Of The Bull Run? Today marks the first day of a greedy zone after weeks, but concluding it the beginning of a bull zone will be going too far. However, this is the first all-green day for all cryptocurrencies, and if the trend continues, the upcoming days might mark the beginning of a bull rally for cryptocurrencies. More importantly, the RealVision founder and CEO, Raoul Pal has hinted toward the upcoming banana zone, which is a phase of a Bull run. He believes that the super bullish banana zone is just weeks away and will begin by June middle. And the banana zone will make the cryptocurrency prices go crazy for good. He also claimed the market cap will quadruple by the end of this bull cycle in 2025. Raoul Pal says that Bitcoin halving is usually followed by a consolidation period where the market drops around 20%. But then a free rise occurs, which is the transition of the crypto market from macro spring to macro summer. This transition period is what brings the banana zone. Final Thoughts The historical evidence does support Raoul’s prediction, but the exact movement of the crypto market is hard to predict. The summer rally hasn’t continued every single year, but in 2013 and 2017, the crypto market followed this banana zone. If 2024 turned out similar to the following two, a bull rally might be witnessed by the investors. #FollowYourBrotherForMore #Memecoins #BinanceLaunchpool
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🚀🚀🚀🚀BOOM BOOM BOOM🚀🚀🚀🚀 Crypto Market Enters The Greed Zone: Start Of Bull Run? 1/2 $BTC $ETH $BNB Finally, after weeks, the crypto market has bounced to the greed zone, favoring the cryptocurrency gains today. But is it the start of a bull run? Let's explore. After weeks of falling market with declining cryptocurrency gains, the crypto market has finally recovered from the neutral market conditions. 2024 started with a super greed zone, which initiated the weeks-long bull market conditions before witnessing a fall last month. The declining conditions continued till a day earlier, while today, the market has again entered the greed zone with the recovery in multiple cryptocurrency prices. So is it the start of a bull run or what? Let us discuss that in this blog. Overall Crypto Market Conditions The crypto market has received its boost today after the reveal of the Consumer Price Index (CPI) data, highlighting the decline in the inflation rate. Moments after the CPI report, the Bitcoin price started to boom, and it rose to a high of $66,458. Bitcoin is currently trading at $66,184.23 while maintaining bullish sentiments. The direct impact is also visible on the altcoins, including Ethereum, which has surged to $3,019 after its yesterday’s decline. The Bitcoin price surge has aided the entire market recovery as the crypto market heat map is all green. The global market cap has also surged to $ 2.38 trillion, jumping 5.3% from yesterday. More importantly, the trading volume is about to hit the $ 100 billion mark with a 40% jump, the highest position for this month. The meme market already had steady growth even in the sluggish market conditions, but today, the market cap has surged 6.34%, and the same is true for its trading volume. Talking of the Solana network, the trading volume is up by 24%, but the market cap has declined a little. However, the demand is still for the Solana meme coins. #MicroStrategy #FollowYourBrotherForMore #write2earn🌐💹
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🚀🚀🚀💥💥$BNB 💥💥🚀🚀🚀 BNB Price Soars 3% Amid Binance’s Latest Spot Trading Update 2/2 The changes will refine the precision of price changes, allowing for more granular trading activities. This update will not impact ongoing spot trading activities or other functionalities, ensuring a seamless transition for traders. Additionally, API users will need to adjust to the new tick size, which can be tracked through the GET /api/v3/exchangeInfo endpoint. Notably, orders placed before the update will retain their original tick size, maintaining continuity in trading operations. For detailed information, traders are encouraged to refer tothe API Changelog, which outlines all the specifics of the upcoming changes. BNB’s Market Performance and Future Projections As of today, the live price of Binance Coin (BNB) stands at $582.70, with a 24-hour trading volume of $1.24 billion. Recently, BNB experienced a dip below its moving averages but rebounded sharply from the support line of the symmetrical triangle pattern, indicating strong buying interest at lower levels. This recovery highlights the robust demand for BNB and the resilience of its market position. Conversely, if the price falls and breaks below the triangle, it could indicate bearish control, potentially driving the pair down to $495 and then to the pattern target of $434. Binance Coin is currently trading between $586.48 and $581.45, with a live market cap of $85.9 billion, reflecting its substantial presence in the cryptocurrency market. This performance underscores the dynamic and volatile nature of BNB’s market,driven by both technical factors and market sentiment. Currently, the Open Interest for BNB has increased by 0.82%, now valued at $498.7 million. The Relative Strength Index (RSI) stands at 57.23%, signaling a bullish trend. Buyers are now attempting to push the price above the triangle’s resistance line. If successful, BNB/USDT could see significant gains, potentially rising to $634 and then $692, with a pattern target of $726. #Write&Earn #Follow_Like_Comment #ETFvsBTC
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