✅ Market fell sharply in the US morning, reversing the whole upward BTC move and now we are back to fighting at a $60k support level 🐮💦

Day summary:

🔸 Binance and KuCoin became the first offshore crypto-related entities to be approved by India's regulator

🔸 Kraken exchange's lawyers have asked a court to dismiss the SEC's claims

🔸 Season 1 Phase 1 EIGEN stakedrop claims are open 🪂

🔸 Two UK men were jailed for stealing $7.1 million in crypto by using a fake crypto exchange 

🔸 The scammer who took $71 million worth of WBTC through a poisoning scam has returned $25M worth of stolen funds 🤷‍♀️

🔸 Financial Transactions and Reports Analysis Centre of Canada fined Binance for $4.4M

🔸 Twitter and Block co-founder Jack Dorsey argued that Bitcoin could hit $1 million and "beyond" in 2030

#CryptoWatchMay2024 #ScamRiskWarning #ETFvsBTC #EarnCommissions