BlackRock CEO: Crypto is Digital Gold, BTC an International Asset

In an interview on FOX Business, BlackRock CEO Larry Fink calls crypto “digital gold,” and labels Bitcoin (BTC) a digital asset.

#GOATMoments #BinanceTournament #googleai #BRC20

“I do believe that the role of crypto is digitalizing gold in many ways,” he says. “Instead of investing in gold as a hedge against inflation (and) a hedge against the onerous problems of any one country, or the devaluation of your currency of whatever country you’re in, Bitcoin is an international asset.”

🟢Its memecoin season , another one explodes

In the recent times , we have seen different memecoins flourishing 1000x . $HEIST #Binance #crypto2023 #BTC #dyor #BNB is now up by 200% on solana blockchain.

Spectaculations that it may be the pepe version on solana in coming days , whale traders are keeping an eye on this.

🟢PayPal Holding Nearly $1 Billion Worth of Crypto for Their Customers

PayPal, one of the largest electronic payments companies in the world, has recently revealed that it is holding almost $1 billion worth of cryptocurrencies on behalf of its customers. According to a filing with the U.S. Securities and Exchange Commission (SEC), PayPal reported that it is "safeguarding" $943 million in crypto assets as of March 31, 2023. The majority of these assets are bitcoin and ether, which account for $499 million and $362 million respectively.

The company, which also owns Venmo, started offering the option to buy, sell and hold cryptocurrencies on its platform in October 2022.

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🟢Former FTX CEO SBF Aims to Get Most of Charges Dismissed

The former head of FTX, a global cryptocurrency exchange, is facing a dozen criminal charges in the US for allegedly defrauding customers, investors, lenders, and the government. Sam Bankman-Fried, also known as SBF, was arrested in the Bahamas in December and is trying to dismiss most of the charges on technical grounds.

SBF is accused of misappropriating billions of dollars of customer funds deposited with FTX and using them for his own benefit and for his crypto hedge fund Alameda Research. He is also charged with securities fraud, money laundering, bank fraud, and campaign finance violations for trying to influence US politicians with illegal donations.

#feedfeverchallenge #Binance #BTC #crypto2023 #dyor

🟢Know exactly what BRC - 20 is before investing.

Have you heard of BRC20? 🔍
The BRC-20 token standard on Bitcoin has become a trend with the rise of memecoins like PEPE. It's an experimental standard that doesn't use smart contracts and requires a Bitcoin    wallet. Anyway, always do your due diligence before investing!

#feedfeverchallenge #dyor #Binance #crypto2023 #BTC

🔴Ex-Coinbase Manager Sentenced to Two Years in Prison for Insider Trading

Ex-Coinbase product manager Ishan Wahi has officially been sentenced to two years in prison for insider trading. Moreover, Wahi has been sentenced to what is viewed as the first insider trading case in the history of cryptocurrency.

US District Judge Loretta Preska sentenced Wahi in a Manhattan federal court on Tuesday. Additionally, Wahi pleaded guilty in February to two counts of conspiracy to commit wire fraud. The court proceedings are one of two high-profile crypto-related cases in New York, following the FTX collapse and the prosecution against founder Sam Bankman-Fried.

#feedfeverchallenge #Binance #dyor #crypto2023

🟢Polygon Price Prediction: May 2023

In May 2023, crypto experts predict that the average price of Polygon (MATIC) will be around $1.02. The minimum expected price is $0.939906, while the maximum is $1.05.

#Binance #crypto2023 #polygon #dyor #sui

🟢Goldman Sachs, Microsoft, and Others Team Up to Introduce Blockchain Network

Some of the most well-known firms in the tech and finance industries are working together on what could be a vital new project. Specifically, Goldman Sachs, Microsoft, Deloitte, and others are set to team up to introduce a new blockchain network.

Bloomberg reported on the collaborative effort that could be vital to ledger technology in the finance market. Moreover, the collective is working to link “disparate institution applications,” which could have a positive effect on the industry as a whole.

#Binance #crypto2023 #BTC #dyor #BNB

🟢Could zkPiggy will be the next memecoin to list on Binance?

zkPiggy AI is the Ultimate Ticket to the MOON, Created by a Team with a Proven Track Record of Delivering Massive Gains to HOLDRs.

#crypto2023 #BTC #Binance #BNB

Venturing Out To Create The Healthiest Meme Economy On Binance Smart Chain, thier Team Bred zkPiggy. A Combination Of Bold Redness And The Greatest Of All Meme Glory, zkPiggy AI Is Aimed At The Moon.

🟢 XRP Price Prediction as Ripple Publishes New Report on The Future of Central Bank Digital Currency – What's Going On?

The XRP price has dropped by 2.5% in the past 24 hours, falling to $0.425150 as the cryptocurrency market as a whole declines by 1%.

This dips means that XRP has fallen by 8.5% in the past week and by 16% in the last 30 days, although the altcoin remains up by 25% since the beginning of the year.

Despite XRP's losses today, Ripple has published a report on central bank digital currencies that underlines the key role the company, and XRP, is likely to play in the economy of the future.

And with the company expecting a positive outcome in its case with the SEC, the coming months could find XRP becoming one of the best-performing alts in the market.

#Binance #BTC #crypto2023 #dyor

🔴Kenya Mulls 3% Tax on Crypto (Report)

As reported by Bloomberg, Kenya’s lawmakers might implement a 3% tax on the transfer or exchange of cryptocurrencies, whereas a 15% levy could affect creators of monetized online content. 

The proposal is part of a newly-designed bill that could stabilize the financial condition of the African nation. President William Ruto aims to double tax collections to 5 trillion shillings (around $37 billion) in five years and use the funds to promote monetary growth.

The legislation will become official from the beginning of July should the Kenyan lawmakers give their nod. The country estimates revenue of approximately $21 billion during the first 365 days (14% more than the anticipated collections for the ongoing fiscal year). 

#Binance #BTC #crypto2023 #dyor

🔴Someone Just Lost $120K in a Costly Mistake With ETH Fees

In the latest development, a trader ended up paying 64 ETH for a single transaction on May 8th. According to an update from the blockchain tracker, ‘Whale Alert,’ the user paid around $119,157 just to send 84 WETH.

It is important to note that transaction fees on Ethereum have climbed much higher levels ranging between $50 to $70 in 2021. But the figures have been low since the market crashed in May 2022.

The excitement surrounding PEPE can be attributed to the revival in gas fees.

As such, the average transaction fee surged to $27.62 on May 5, a level that was last seen almost a year ago. Since the memecoin’s launch on April 18th, average gas fees have increased by a whopping 115%.

#Binance #BTC #crypto2023 #BNB

🟢 Memecoins may gain popularity again after a market correction.

Another project is building from the last 6 month and is now coming out of the box on May 10th. Expected to be on bird . io and Raydium at about 2 : 00 pm ( UTC )

Users may see a high price volatility after the launch, expected to do atleast 50-100x from the launch given already on Heywallet and Vyper Protocol.

HEISTMAY10

#Binance #crypto2023 #crypto2023 #dyor

🟢In this memecoin season , coins like Pepe , King , Guac have done 50 - 100x since their trading is live

Another project building from the last 6 months are now coming out of the box on May 10th.

Users may see a high price volatility after the launch , expected to do atleast 50-100x from the launch given already on Heywallet and Vyper Protocol.

#Binance #BTC #crypto2023 #dyor

🟢A Pepecoin Trader Turned $263 Into Millions

A meme coin inspired by a popular internet frog has turned a small investment into a huge profit for one lucky trader. Pepe, a cryptocurrency that features the image of Pepe the Frog, has seen a staggering rise in value in the past few days, reaching a peak of $0.00000431 per coin on May 6th.

The trader, dimethyltryptamine.eth emerged as one of the largest gainers, spending $260 to obtain 5.9 trillion PEPE tokens. The crypto trader has sold around 56% of their holdings, making over $4 million in profits. However, their remaining balance of 2.56 trillion PEPE is valued at more than $6 million at the time of writing.

Pepe is one of the many meme coins that have emerged in the crypto space, following the success of Dogecoin and Shiba Inu.

#Binance #eth2.0 #BTC #crypto2023

🔴 Voyager Digital Will Liquidate After Failing to Find Buyer

Voyager Digital, a crypto broker that went bankrupt last year, has given up on finding a buyer and decided to liquidate its assets and wind down its business. The company had previously tried to sell itself to FTX US and Binance US, but both deals fell through due to regulatory hurdles and other issues.

According to a filing on Friday, Voyager customers will be able to recover only 36% of their crypto holdings, which is much lower than the 72-73% they would have received if the Binance US deal had gone ahead.

Voyager will allow customers to withdraw their funds directly if they have any of the 67 supported tokens, such as Bitcoin and Ether.

🔴 BTc Congestion Chaos Weighs Heavy due to implementation of BRC - 20 meme coins.

Bitcoin and Ether prices are down due to BRC-20 meme coins congestion, with a potential solution being a shift of profits to altcoins and Ethereum.

Over 2700 BTC transactions are pending every hour due to BRC-20 chain implementation.

#Binance #BTC #crypto2023 #dyor

🟢 Total Market Cap of BRC-20 Tokens Nears $1 Billion

BRC-20 tokens are a new type of cryptocurrency that can be created and traded on the Bitcoin blockchain. They are inspired by the ERC-20 standard on Ethereum, but they use a different protocol called Ordinals to inscribe data on satoshis, the smallest unit of Bitcoin. BRC-20 tokens are fungible, meaning they can be exchanged for other tokens of the same type.

The BRC-20 market has grown rapidly since its launch in March 2023 by an anonymous developer named Domo. The first and most popular BRC-20 token is ORDI, which started as a meme but now has a market cap of over $500 million. Other BRC-20 tokens include VMPX, MEME, BANKBRC, and PEPEBRC, which have been listed on Gate.io, the first exchange to support BRC-20 trading.

#Binance #crypto2023 #BTC #BNB

🔴 Bitcoin Falls 5%, Pepecoin 50% Ahead of CPI Report

The cryptocurrency market experienced a sharp decline on Monday, with Bitcoin (BTC) dropping below $27,500 for the first time since January. The leading digital asset was trading at around $27,350 at press time, down more than 5.5% in the past 24 hours.

Several factors contributed to the bearish sentiment, including the rising popularity of the PEPE meme coin, which reached a market capitalization of over $1 billion before losing steam over the weekend and losing half its value. The meme-inspired token attracted investors looking for quick profits and fun, but also raised concerns about market froth and speculation.

Most other major tokens also followed the downtrend on Monday, with XRP , Solana and Polygon's MATIC losing over 8% each.

#Binance #BTC #crypto2023 #dyor