#write2earn #Binance will List #axelarNetwork token $AXL f

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#Write2earn #PEPE COIN SURGES AS SMART MONEY ADDRESSES ENGAGE: NEW #ATH ACHIEVED #PEPEAscends #Memecoins $PEPE Pepe coin is outshining in the meme coin realm, hitting a new all-time high (ATH) with 250.5 billion PEPE tokens on the move. This year, Pepe coin has stood out in the meme coin market, defying market trends to reach new ATHs. Smart Money traders have taken notice, shuffling around 250.5 billion PEPE tokens, coinciding with the token's recent ATH. Smart Money Addresses Engage with Pepe Coin: Around 250.40 billion PEPE tokens were transferred in the past 24 hours, indicating smart money traders' activity. One address accumulated 406.74 million PEPE tokens from Binance, while another unloaded 250 billion PEPE tokens onto the exchange. Address 0x647, an early accumulator, still holds a significant amount, hinting at confidence in PEPE's potential. PEPE's Price Hits New Highs: PEPE's price surged by 19.68% in the past 24 hours, reaching $0.00001005, shedding a zero from its value. However, concerns about maintaining this level linger, with the RSI indicating overbought conditions, suggesting a possible correction

#ETFvsBTC #Fidelity #Bitcoin ETF Leads $66M Influx in U.S. Spot Bitcoin ETFs Amid Market Recovery #BitcoinETF $BTC The Fidelity Bitcoin ETF (FBTC) spearheads a $66 million inflow into U.S. Spot Bitcoin ETFs, signaling renewed interest among investors amidst the ongoing market recovery. After a recent downturn, the U.S. Spot Bitcoin ETF sector experiences a resurgence, witnessing a significant $66 million influx over the last two days, reversing the previous week's outflow trend. Notably, data reveals that Fidelity's FBTC leads the current inflow, highlighting a fresh wave of investor enthusiasm for crypto-backed exchange-traded funds. This renewed interest coincides with a rebound in the Bitcoin price. Fidelity's FBTC Emerges as Inflow Leader Following consecutive days of outflows, the Bitcoin ETF market sees a turnaround with a substantial $66 million net inflow, as reported by Farside Investors. Notably, Fidelity's FBTC takes the lead, attracting $38.6 million in inflows, followed by Bitwise Bitcoin ETF BITB with $20.3 million. This influx also reflects renewed trader confidence in Bitcoin ETFs, coinciding with the cryptocurrency's recent price recovery, surpassing the $63,000 mark. Amid heightened market volatility, this resurgence in investor interest indicates a renewed appetite for cryptocurrency investments. The $66 million net inflow on May 13 marks a positive shift after two days of negative flows. While no ETFs experienced outflows, seven out of ten US Bitcoin ETFs, including Grayscale and BlackRock offerings, reported zero flows. Over the last 30 trading days, the ten Bitcoin ETFs saw a net outflow of $297 million, with outflows recorded on 17 of those days. Crypto Market Performance The $66 million influx into Bitcoin ETFs signals a renewed bullish sentiment among investors, with Fidelity's FBTC leading the charge. With Bitcoin's price rebounding and optimistic forecasts from analysts, the cryptocurrency market appears primed for further growth and stability.

#Write2earn #Runes Protocol: Hype Fades as User Engagement Declines in #Bitcoin Ecosystem $ORDI $BTC #RunesLaunch User engagement has taken a nosedive following a period of heightened anticipation surrounding the launch of the Runes protocol, which some hoped would replicate Solana's thriving meme coin ecosystem. Activity within the Bitcoin Runes protocol has noticeably slowed over the past week, indicating a struggle to gain significant traction among users despite an impressive debut last month. Runes builds upon the Ordinals protocol, aiming to make transactions even more cost-effective and rapid. Ordinals involve embedding data into the Bitcoin blockchain by incorporating references to digital art within small Bitcoin-based transactions. Amidst much anticipation, Runes went live after Bitcoin's fourth halving on April 20. Data from Dune Analytics reveals that within its initial 10 days, the protocol saw over 85,000 token issuances and generated more than $3 million in fees. However, over the past fortnight, all metrics, including fees, new Runes, and user activity, have plummeted by over 50%. Since May 1, only around 5,000 new Runes have been issued, resulting in just under $100,000 in fees. At its peak, Runes dominated transactions and fees across the broader Bitcoin ecosystem, accounting for up to 80% of all network activity. Now, that figure has dwindled to 20%. It's essential to note that this decline coincided with a general market downturn marked by decreasing Bitcoin prices and sluggish growth in alternative tokens, potentially impacting sentiment towards innovative technologies. Tailored for meme enthusiasts and daring traders, Runes garnered substantial attention on social platforms ahead of its launch. Creator Casey Rodamor aimed to position it as a protocol ripe for meme coin trading and "degen" traders. Some industry insiders anticipated that the protocol would emulate the thriving meme coin landscape on blockchains like Solana and Base, which likely fueled interest and speculation on obscure memes.

#Write2earn Roaring Kitty Sparks Meme Coin and GameStop Frenzy #GameStop #memecoin #GME #TheRoaringKitty In addition to traditional stocks, many opportunistic crypto developers have launched numerous meme coins on various blockchains to take advantage of the prevailing hype. A single post by @TheRoaringKitty, the X profile of retail trader Keith Gill, sparked rallies in meme coins and GameStop stock (NYSE: GME). Users interpreted the post as a signal to focus on specific stocks. Gill, known for his role in the GameStop short squeeze of January 2021, saw GME prices surge over 44% in pre-market trading, while AMC Entertainment Holdings jumped as much as 12%. An unaffiliated GameStop meme coin on the Solana blockchain surged over 550%, according to DEXTools data, while an AMC token rose by 1,200%. Various microcap cat-themed meme coins like kitty (KITTY) experienced significant increases, with larger tokens like popcat (POPCAT) and mog (MOG) also rising over 15%. Established meme coins like DOGE and SHIB saw gains of 5% and 7%, respectively. Keith Gill, known as Roaring Kitty, gained fame for his analysis of GameStop on Reddit, which contributed to the viral GameStop short squeeze of January 2021. His initial investment of $53,000 skyrocketed to nearly $50 million at its peak, showcasing a remarkable success story of an individual trader profiting from his trading insights.

#ETFvsBTC #BlackRock 's #BitcoinETF Surpasses Competitors in Corporate Holder Count #etf #IBIT $BTC BlackRock's Bitcoin ETF, the iShares Bitcoin Trust (IBIT), has achieved a significant milestone, outpacing its competitors in terms of the number of corporate holders. Since gaining approval from the United States Securities and Exchange Commission on January 11, the BlackRock Bitcoin ETF now boasts 250 corporate holders. Reported by Eric Balchunas, a Senior ETF Analyst at Bloomberg, this development sets the BlackRock ETF apart not only for its impressive holdings but also for the substantial number of holders it has attracted within the first quarter of its launch. Among the 250 holders, Bracebridge Capital, a Boston-based investment firm, holds the largest stake in IBIT, with holdings totaling $100,638,773 as per its latest filing with the SEC. This surpasses the holdings of Rubric Capital, which previously held the largest stake. Bracebridge Capital's significant investment in IBIT reflects a bullish sentiment toward Bitcoin-related assets, as evidenced by its substantial holdings in other Bitcoin ETFs like ARKB and GBTC. In comparison, other Bitcoin ETFs launched around the same time have seen notable holder counts but fall short of BlackRock's numbers. Fidelity Wise Origin Bitcoin (FBTC) boasts 136 holders, while Bitwise Bitcoin (BITB) ETF and Ark 21Shares Bitcoin ETF have attracted 60 and 42 holders, respectively. The data underscores the growing investor appetite for BTC exposure through ETFs, with recent inflows recorded by BlackRock and Fidelity amid market volatility. As institutional and retail investors increasingly seek exposure to Bitcoin, competition among Bitcoin ETF providers is expected to intensify. With BlackRock's Bitcoin ETF leading in holder count, it solidifies its position as a frontrunner in the Bitcoin ETF market.

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