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Ilyas64184089
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Gold and copper are breaking records, and silver is at an 11-year high (chart above), all of them share a common theme: recent weakness in the US dollar 📉 Iran's President Ebrahim Raisi and a few other government officials are confirmed dead in a helicopter crash. A senior Iranian government administration official said: “No foreign involvement at all” 🇮🇷 Two Chinese nationals have been charged with utilizing tether and crypto-friendly bank Deltec to commit money laundering and wire fraud amounting to $73 million ⚖️ Michael Sonnenshein will be stepping down from his role as the CEO of Grayscale and will be replaced by Goldman Sachs executive 💼 #ETFvsBTC #CryptoWatchMay2024 #MemeWatch2024 #ScamRiskWarning #EarnCommissions

Gold and copper are breaking records, and silver is at an 11-year high (chart above), all of them share a common theme: recent weakness in the US dollar 📉

Iran's President Ebrahim Raisi and a few other government officials are confirmed dead in a helicopter crash. A senior Iranian government administration official said: “No foreign involvement at all” 🇮🇷

Two Chinese nationals have been charged with utilizing tether and crypto-friendly bank Deltec to commit money laundering and wire fraud amounting to $73 million ⚖️

Michael Sonnenshein will be stepping down from his role as the CEO of Grayscale and will be replaced by Goldman Sachs executive 💼

#ETFvsBTC #CryptoWatchMay2024 #MemeWatch2024 #ScamRiskWarning #EarnCommissions

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✅ The week was volatile, what many people were waiting for happened - spot ETH ETFs were approved by the SEC, which led to a significant increase in the price of Ethereum, which can't be said about the rest of the market 😬 Weekly news digest: 💎 Crypto 🔸 The SEC approved spot Ethereum ETFs  🔸 AllianceBernstein's analysts say ETH can rise to $6,600 if ETFs are approved   🔸 MetaMask could add Bitcoin support within the next month 🦊   🔸 Gala Games got exploited for nearly $214 million in GALA tokens 🔸 Uniswap Labs urges SEC to drop pending enforcement action in Wells response 🔸 Popular dog Kabosu, the face of dogecoin, and several other meme tokens, died 🔸 Memecoin Normie was attacked, and its price plummeted by more than 99% in one minute 🏦 Crypto exchanges 🔸 Bybit announced it will list zkSync token $ZK and change the Polyhedra trading ticket symbol because of that   🔸 Standard Chartered says that Solana and XRP spot ETFs are likely next up 💵 Finances and Economy 🔸 Asset manager Grayscale unveiled two new investment trusts   🔸 Joe Biden announced his latest student loan forgiveness plan by canceling $7.7 billion in debts for 160k borrowers   🔸 Microsoft unveiled the “designed for AI” Copilot+ PC   🔸 Apple has launched a discounting campaign in China, offering discounts of up to $318 🔸 JPMorgan agreed to pay $100 million over CFTC trade reporting violations ⚖️ Law and Order 🔸 United Arab Emirates issued an advisory to farmers prohibiting mining crypto on farms 🔸 US lawmakers voted in favor of a crypto market structure bill FIT21   🔸 US House passes bill to ban the Federal Reserve from creating a Central Bank Digital Currency 🔸 CEO of Grayscale resigns and will be replaced by Goldman Sachs executive   🔸 Iran's President Ebrahim Raisi died in a helicopter crash 🔸 Donald Trump vows to free Silk Road founder Ross Ulbricht from prison if re-elected #ETFvsBTC #MemeWatch2024 #CryptoWatchMay2024 #EarnCommissions #EarnFreeCrypto2024
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How to use the Polarized Fractal Efficiency (PFE) indicator 📊 The Polarized Fractal Efficiency (PFE) indicator uses fractal geometry to check the efficiency of price movements, helping traders identify trends and potential reversals. 📈 A PFE value above zero indicates efficient upward movement, suggesting a potential bullish price action. 📉 A PFE value below zero indicates efficient downward movement, hinting at a potential bearish trend. 👉 When looking for a good trade, look for divergences between PFE and the price. If the price is making new highs and the PFE is not, it may signal weakening momentum and a potential reversal, and vice versa. ✔️ Use PFE with other indicators to confirm trends. Higher absolute PFE values suggest stronger trends, while lower values indicate weaker trends or sideways movements. 📌 Save for later and share with a friend! #ETFvsBTC #MemeWatch2024 #CryptoWatchMay2024 #EarnCommissions #EarnFreeCrypto2024
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Bitcoin's recent RSI trends show parallels with the 2017 bull run, suggesting a potential major price breakout. If Bitcoin reaches $75,000, it could trigger significant upward momentum 📈 Veteran crypto market commentator Tom Lee says that Bitcoin is on track to hit $150,000 in 2024: “Bitcoin’s still, we think, early in an upcycle, so the idea that it could get to $150,000 this year is still within our base case" 🐮 probably was 😅 #ETFvsBTC #MemeWatch2024 #CryptoWatchMay2024 #EarnCommissions #EarnFreeCrypto2024
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A Solana developer recently took an extreme and dangerous approach to pump his bags 🫣 In a bizarre and reckless stunt, he set himself on fire during a livestream, using isopropyl alcohol and fireworks. This resulted in severe third-degree burns, landing him in the hospital. The incident, which was meant to draw attention to his crypto meme coin, underscores the lengths to which some individuals will go to gain publicity out of greed 🤦‍♀️. probably was 😅 #ETFvsBTC #MemeWatch2024 #CryptoWatchMay2024 #EarnCommissions #ScamRiskWarning
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 Although the ETH ETF is already here, the price shows that everything is priced in and the market is in no hurry to rally on positive news 🤷‍♀️ Day summary: 🔸 United Arab Emirates issued an advisory to farmers prohibiting mining crypto on farms 🔸 Popular dog Kabosu, the face of dogecoin, and several other meme tokens, died 🔸 Bybit announced it will list zkSync token $ZK and change the Polyhedra trading ticket symbol because of that 😄 🔸 Standard Chartered says that Solana and XRP spot ETFs are likely next up 🔸 The Bitcoin whitepaper is back on Bitcoin.org after Craig Wright failed to prove in court that he’s Satoshi Nakamoto (he isn't) 🔸 European Data Protection Board says ChatGPT outputs too much false information to comply with rules 🇪🇺 🔸 JPMorgan agreed to pay $100 million over CFTC trade reporting violations Miners are back! Bitcoin's 7-day hashrate reached 632 EH/s. This is an increase of 5.6% over the past 7 days ⛏ #ETFvsBTC #MemeWatch2024 #CryptoWatchMay2024 #EarnCommissions #ScamRiskWarning
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