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Farcaster User Interactions Reach Record Highs Following $150 Million Funding Farcaster User Interactions Reach Record Highs Following $150 Million Funding According to BlockBeats, decentralized social protocol Farcaster has seen a surge in user interactions, including posts and likes, reaching record highs since May 21. As of May 23, Farcaster recorded 69,901 unique reactions and 60,387 unique casts in a single day. On May 22, Farcaster secured $150 million in funding, led by Paradigm, with participation from a16z crypto, Haun, USV, Variant, and Standard Crypto. The company announced that it will primarily focus on increasing daily active users and adding developer primitives to the protocol, such as channel features and private messaging functions. $BTC #pizzaday #ETHETFS #PEPEโ€ #btc70k #altcoins
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๐Ÿ”ฅTelegram To Launch New Internal Currency, Telegram Stars๐Ÿ”ฅ According to PANews, starting from June 12, Telegram is set to introduce a new internal currency called Telegram Stars. Users will be able to purchase this currency through Apple and Google and use it to pay for digital goods and services within Telegram bots and mini-programs. Several developers have reportedly received notifications about the launch of this token. Telegram's marketing channel has also drawn attention to this development. It has been reported that Apple has issued a warning to Telegram for violating App Store review guidelines 4.7 and 3.1.1, which pertain to accepting customer payments and services without using Apple's internal purchasing mechanism. Users will be able to purchase Stars through shopping tools in the App Store and Google Play, and a service commission of 30% may be charged. Developers will be able to withdraw the token in the form of TON. $BTC #pizzaday #tonecoin #tonfuture #btc70k #BinanceLaunchpool
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๐Ÿ“ข๐Ÿ”ฅmemecoin price surges on positive ETH ETF news๐Ÿ”ฅ๐Ÿ“ข Last week, the PEPE price hit a new all-time high, breaking through the $0.000011 area and reaching a $4 billion market cap. Following this surge, PEPE entered a correction phase, trading below the $0.00001 level for a few days. However, in the wake of yesterdayโ€™s positive news, PEPE experienced another pump, climbing back around the $0.000011 mark, once again trading near its all-time high zone. The current market cap now stands at an impressive $4.6 billion. PEPE outperformed other top meme coins today, such as SHIB, DOGE, and FLOKI, whose prices also pumped โ€“ albeit more modestly, ranging from 6% to 8%. Santiment reported that the excitement surrounding the potential approval of Ethereumโ€™s first spot ETF has acted as a catalyst, propelling the crypto market into one of its top five days in 2024. Remarkably, Ethereum (ETH), Uniswap (UNI), PEPE, Bonk (BONK), and Lido DAO (LDO) have all experienced gains exceeding 20% within a 24-hour period. Even Bitcoinโ€™s impressive surge to $71,400, marking its highest level in six weeks, has been overshadowed by the fervor surrounding the Ethereum ETF news. From a technical analysis perspective, the MACD signal line for PEPE is currently below the MACD line, indicating a potential bearish signal. The Relative Strength Index (RSI) is around 70, suggesting that the asset may be overbought in the short term. While PEPEโ€™s price surge has been impressive, a cooling-off period or consolidation canโ€™t be ruled out in the upcoming days. $PEPE #PEPEโ€ #pepewillbullrun #PEPE_EXPERT #pepeโšก #Write2Earn
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๐Ÿ“ข Binance removes various trading pairs ๐Ÿ“ข Binance periodically removes and adds some trading pairs to its platform. Last month, the crypto exchange announced the delisting of five spot trading pairs, including TrueUSD (TUSD) and Binance Coin (BNB). The Binance team clarified that excluding spot trading pairs from the listing does not affect the availability of the listed tokens on the Binance Spot platform, as users can still trade them with other assets on the platform. In February, the company announced the delisting of several cryptocurrencies, including anonymous ones, including Monero (XMR). In March, the following were removed from the platform due to โ€œnot meeting [Binanceโ€™s] strict criteria: Aragon (ANT), Multichain (MULTI), and Vai (VAI). $BTC #pizzaday #ETHETFS #PEPEโ€ #btc70k #DelistingNotice
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$BTC ๐Ÿ”ฅ๐Ÿช™Central Bank Digital Currencies Around the World๐Ÿช™๐Ÿ”ฅ Some major central banks around the world have begun looking issuing their own digital currencies. Some of the larger, more notable examples include the countries below. China: Since 2020, the People's Bank of China (PBOC) has been testing the digital yuan, also known as e-CNY, in a number of Chinese localities. Millions of Chinese citizens currently utilize the digital yuan, which is intended to be used for retail transactions. Sweden: Also since 2020, Sweden's Riksbank has been testing the e-krona digital currency. The e-krona is being created to complement Sweden's diminishing use of currency and to give the general public access to a safe and effective payment system. EU: A digital euro that may be issued by the European Central Bank (ECB) and used for retail transactions within the Eurozone is being investigated. England: The Bank of England is looking into the prospect of launching the "Britcoin" cryptocurrency. The UK's payment system would be backed by a digital currency, which could also reduce the nation's dependence on cash. Canada: The Bank of Canada has been conducting research and consultations on the idea of creating a CBDC. #pizzaday #ETHETFS #PEPEโ€ #btc70k #Write2Earn
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