🗣 Donald Trump's balance already holds 10 million in the cryptocurrency Arkham.

The TRUMP token is rising amid pre-election promises.

Author's comment:

Arkham is a cryptocurrency platform that has gained attention for its innovative features and potential for growth. The TRUMP token, linked to Donald Trump's name, might attract investors due to its association with the former president and the promises made around it. However, like any investment, it carries risks, including regulatory uncertainties and market volatility. It's crucial for investors to stay informed and exercise caution.

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📌 TOP-7 unlocks of the current week.

CryptoRank has shared the unlocks expected this week👇

DYDX — $67.77 million;
1INCH — $30.78 million;
PORTAL — $26.59 million;
AXL — $24.28 million;
SKL — $17.3 million;
BICO — $16.47 million;
ORBR — $14.73 million.

☁️I recommend paying attention to the unlocks of DYDX, PORTAL, and ORBR. Token prices may fluctuate.

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GPT-4 outperforms human analysts in forecasting corporate profits.

Researchers from the University of Chicago have found that large language models (LLMs) can analyze financial statements with accuracy that not only matches but often exceeds the results of professional analysts, reports Venture Beat.

The study focused on GPT-4, a large language model developed by OpenAI, and tested its ability to analyze corporate financial statements and forecast future revenue growth. Notably, GPT-4 outperformed human analysts even when provided only with standardized, anonymous balance sheets and profit and loss statements without any textual context.

In the study, GPT-4 surpassed human analysts, who typically forecast with accuracy in the range of 53-57%. Researchers used a new method that includes "thought chain" prompts to guide GPT-4's reasoning, helping it simulate the analytical process of financial analysts by identifying trends, calculating coefficients, and synthesizing information to form forecasts.

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❗️ Is Argentina planning to adopt Bitcoin?

🇦🇷 Representatives from Argentina's National Securities Commission (CNV) are in talks with El Salvador's National Commission on Digital Assets (CNAD) regarding the adoption and regulation of $BTC .

🏢 The CNV is interested in studying El Salvador's experience in adopting Bitcoin as legal tender and is considering the possibility of entering into cooperation agreements.

👤 CNAD President Juan Carlos Reyes stated that the CNV "wants to work effectively with the Bitcoin and digital asset industry, and create appropriate regulation."

#CNAD #CNV #Argentina #ElSalvador #BTC

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❗️ Coinbase has once again filed an appeal in the case against the SEC.

🏢 Cryptocurrency exchange Coinbase has filed a second motion to contest the judge's decision in the case against the U.S. Securities and Exchange Commission (SEC), citing recent events when the House of Representatives passed the FIT21 bill.

🗣 "The U.S. House of Representatives passed bipartisan comprehensive digital asset legislation that would strip the SEC of the expanded jurisdiction it claims," said Coinbase.

🔍 The main issue Coinbase wants to challenge is whether the SEC can regulate transactions involving digital assets as "investment contracts" that do not entail any contractual obligations.

💼 In response, the SEC stated that Coinbase's appeal should be dismissed.

#SEC #Coinbase #FIT21 #CryptocurrencyRegulation #LegalBattle

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👀 NotCoin, where are you headed?

NOT grew by 38% in a day, reaching $0.0072. Its market capitalization surged to $710 million.

Meanwhile, BTC, ETH, all fundamentals, everything except NOT, PEPE, and some other meme coins, remain stagnant. There you have the market.

#NotCoin #Cryptocurrency #MarketTrends #CryptoNews #MemeCoins

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Bitcoin dominance is showing a good downward trend. It's a very positive sign.

Bitcoin in consolidation - dominance is decreasing - altcoins are starting to wake up slowly.

I think if Vanguard enters the game and becomes the issuer of spot BTC ETFs, we could see another cycle of dominance growth.

Also, if the SEC approves the S-1 form soon, and spot ETH ETF listings occur, we'll likely see further gradual decline in dominance. I don't think Ethereum spot ETF will gain as much popularity as BTC ETF, but nevertheless, it's a huge step in the development of the crypto industry.

I think the story here will be similar to ETFs on Gold and ETFs on Silver. Gold playing the role of the father, and Silver playing the role of the son. Similarly with Bitcoin and Ethereum 😁

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👀 JUST IN: TON blockchain’s total value locked surpasses $300 million.

The total value locked (TVL) in the TON blockchain has recently surpassed $300 million, marking a significant milestone for the platform. This increase in TVL reflects the growing interest and investment in TON's decentralized finance (DeFi) ecosystem and its applications.

TON, originally developed by the Telegram team, has seen substantial growth in its DeFi sector, with a variety of decentralized applications contributing to the increased TVL. This rise in value indicates stronger user engagement and confidence in the platform's ability to provide secure and efficient financial services.

The blockchain's ability to handle a large number of transactions efficiently and its focus on scalability and security are key factors driving this growth. This achievement positions TON among other prominent blockchains that are seeing increased DeFi activity and investment.

#TON #Blockchain #DeFi #Crypto #TVL

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🟠 Cristiano Ronaldo announced the launch of a new NFT collection in collaboration with Binance.

This will be the fourth NFT collection created in partnership with Binance, despite the ongoing legal proceedings related to the promotion of this platform.

The collection is set to be unveiled on May 29 on the Binance NFT Marketplace.

#CristianoRonaldo #NFT #Binance #NFTCollection #CryptoArt

🤓 Unknown hackers have allegedly breached Caitlyn Jenner's accounts and started promoting a new meme coin using AI.

The hackers are reportedly using Caitlyn Jenner's account to promote a meme coin created on Pumpfun.

The scammers are conducting audio conferences and posting videos purportedly from Jenner and her assistant.

However, many users suspect that the hackers are simply using AI to impersonate them.

#binance #CryptoScam #MemeCoin #AI #CyberSecurity

GM)

The easier it becomes to buy Bitcoin, the greater potential for financial disaster

amazing headline!)

Market Data as of 27.05.2024

🟦 Current Bitcoin Price — $68,550 (-0.87%)
🟨 Current Ethereum Price — $3,913 (+4.03%)

❇️ BTC Dominance Index (BTC.D) — 54.90%
❇️ S&P 500 Index — $5304
❇️ Fear and Greed Index — 74 (Greed)

🌐 Total Market Capitalization — $2.505 trillion
🌐 Altcoin Market Capitalization — $1.155 trillion

📈 Top-100 Crypto Gainers:
1. JASMY — $0.0279 (+24.6%)
2. PEPE — $0.0000170 (+13.8%)
3. FLOKI — $0.000253 (+12%)

📉 Top-100 Crypto Losers:
1. ONDO — $1.21 (-7.5%)
2. CORE — $2.03 (-7.4%)
3. LINK — $16.98 (-4.4%)

#CryptoMarket #Bitcoin #Ethereum #Altcoins #MarketCap

❗ The most important token unlocks of this week

An "unlock" refers to the release of tokens that were previously frozen under the conditions of investment rounds or other funding programs.

1. SingularityNET (AGIX)
- Unlock Date: May 28
- Number of Unlocked Tokens: 8,710,000 AGIX
- Current Circulating Supply: 1,283,425,719 AGIX
- SingularityNET is a decentralized blockchain platform for creating artificial intelligence (AI) applications.

2. Manta Network (MANTA)
- Unlock Date: May 31
- Number of Unlocked Tokens: 1,870,000 MANTA
- Current Circulating Supply: 251,077,745 MANTA
- Manta Network is a modular blockchain for zero-knowledge proof (ZK) applications.

3. Optimism (OP)
- Unlock Date: May 31
- Number of Unlocked Tokens: 31,340,000 OP
- Current Circulating Supply: 1,086,889,963 OP
- Optimism is a layer 2 solution designed to increase the speed and scalability of the Ethereum network.

4. 1inch (1INCH)
- Unlock Date: June 1
- Number of Unlocked Tokens: 98,740,000 1INCH
- Current Circulating Supply: 1,158,579,193 1INCH
- 1inch is a liquidity aggregator from decentralized exchanges that uses routing technology.

5. Sui (SUI)
- Unlock Date: June 1
- Number of Unlocked Tokens: 65,080,000 SUI
- Current Circulating Supply: 2,339,196,965 SUI
- Sui is a high-performance layer 1 (L1) blockchain. 🔥

#TokenUnlock #CryptoNews #SingularityNET #MantaNetwork #Optimism

🧠 Elon Musk named artificial intelligence as his biggest fear.

None of us are likely to have jobs since humanity will not lack goods or services in the future.

Musk also wondered if people would be satisfied with a life without work and careers, and he recommended that parents limit the amount of time their children spend on social media.

#ElonMusk #ArtificialIntelligence #FutureOfWork #SocialMedia #ParentingTips

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The meme coin PEPE, with a market capitalization of $7.07 billion, has surpassed fundamental projects like Uniswap, Litecoin, and Internet Computer.

Polygon is gearing up for a launch.

#PEPECoin #CryptoMarket #Uniswap #Litecoin #PolygonLaunch

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On Friday, we saw a net inflow of $251.9 million into spot Bitcoin ETFs in the US. This marks the second consecutive week of positive figures.

$182.1 million of this amount went into BlackRock's IBIT exchange-traded fund.

ETFs in Hong Kong are showing significantly lower liquidity flows, making it pointless to analyze them.

#BitcoinETF #CryptoInvesting #BlackRock #FinancialMarkets #CryptoTrends

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💰 JUST IN: Ethereum’s anticipated Pectra upgrade is now scheduled for release by the end of Q1 2025.

Ethereum's upcoming Pectra upgrade, now scheduled for release by the end of Q1 2025, promises significant enhancements for the blockchain network. Central to this upgrade is Ethereum Improvement Proposal (EIP) 3074, which aims to improve the functionality of Ethereum wallets by enabling them to operate similarly to smart contracts.

EIP 3074 introduces features such as transaction bundling, allowing users to sign multiple transactions at once, and sponsored transactions, where wallets can delegate funds for others to use. This makes it possible for users to store assets in wallets that do not hold Ether and have transaction fees sponsored by another entity, thus improving user experience and accessibility.

Additionally, the upgrade includes a social recovery feature that helps users recover their assets without needing a traditional seed phrase. This feature is expected to make wallet management more secure and user-friendly.

However, there are concerns about security, particularly the risk of a single bad signature potentially draining an entire wallet. This has been a point of contention among developers and the crypto community.

Overall, the Pectra upgrade is seen as a major step forward for Ethereum, building on the recent Dencun update which lowered layer-2 transaction fees. The enhancements from Pectra are expected to streamline user interactions and broaden the appeal of Ethereum-based applications.

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🚨🚨🚨 Famous trader #GCR X's account hacked, resulting in bullish ORDI positions being released by hackers.

#ORDI surged from 38 USDT to 44.5 USDT quickly. Hacker made positions on OKX and Binance 6 minutes beforehand.

The distribution of stablecoins by market capitalization is shown in the photo above.

USDT predictably holds the leading positions. USDT dominance stands at 69%, followed by USDC, DAI, FDUSD, and others.

I doubt anyone will ever come close to USDT and be able to surpass it.

Author's comment:

Stablecoins are cryptocurrencies designed to maintain a stable value by pegging their worth to an asset like fiat currency, precious metals, or other cryptocurrencies. They provide a way for traders to hedge against volatility in the cryptocurrency markets while still enjoying the benefits of blockchain technology.

USDT, or Tether, is one of the most popular stablecoins and is pegged 1:1 to the US dollar. It's widely used for trading and transferring value across different cryptocurrency exchanges due to its stability.

USDC (USD Coin) is another stablecoin pegged to the US dollar, issued by regulated financial institutions. DAI is a decentralized stablecoin pegged to the US dollar but maintained through smart contracts on the Ethereum blockchain.

FDUSD and other stablecoins mentioned are likely to have specific use cases or niche markets but may not have the same level of adoption or dominance as USDT.

Despite the competition and emergence of new stablecoins, USDT has maintained its dominance in the market due to its early adoption, liquidity, and trust among traders.

📉 A hacker crashed the price of the meme coin Normie by 99% in one minute. The attacker exploited a loophole in the smart contract mechanism to conduct a flash loan attack, which allowed him to significantly increase the supply of Normie.

Recently, the meme coin Normie experienced a catastrophic crash in value, dropping by 99% within a minute due to a flash loan attack. This attack exploited a vulnerability in the smart contract mechanism of the Normie coin, allowing the hacker to significantly increase the token's supply. Flash loan attacks, a common issue in decentralized finance (DeFi), involve borrowing large amounts of cryptocurrency without collateral, manipulating prices or exploiting contract vulnerabilities, and repaying the loan within the same transaction.

In this particular case, the attacker took out a substantial flash loan, used it to manipulate the price of Normie, and then returned the loan, making a significant profit and causing the token's value to plummet. This type of attack is challenging to defend against because it relies on executing all steps in a single transaction, thus exploiting transient liquidity.

The incident highlights ongoing security challenges within the DeFi space, where rapid innovation sometimes outpaces the implementation of robust security measures. The Normie coin's crash is a stark reminder of the vulnerabilities that can be present in smart contracts and the need for more rigorous security audits and protective mechanisms in DeFi protocols.