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WISE CRYPTO NEWS
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💰 The inflow into US Bitcoin ETFs has resumed, and yesterday it reached $378 million. It's also worth noting that Grayscale recorded its first inflow of funds into their #BitcoinETFs ($63 million) since its launch. 👀 Consequently, Bitcoin's price surged to $63,000. #CryptoWatchMay2024 #BTC #buythedip #altcoins

💰 The inflow into US Bitcoin ETFs has resumed, and yesterday it reached $378 million. It's also worth noting that Grayscale recorded its first inflow of funds into their #BitcoinETFs ($63 million) since its launch.

👀 Consequently, Bitcoin's price surged to $63,000.

#CryptoWatchMay2024 #BTC #buythedip #altcoins

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Memcoins are very useful for the DEX ecosystem - expert 🐶 Trading meme-coins is beneficial for decentralized #exchanges (DEX) as it attracts non-traditional DeFi traders, stated Synthetix founder Kain Warwick at the MemeGlobal Sydney conference. "There’s an argument that memecoins are pure speculation, in my view speculation is good. It’s valuable" - he added. 👌 Warwick disagreed with some speakers who question the usefulness of this class of cryptocurrencies. According to him, meme tokens bring 💰significant volume to DEXes, enabling platforms to create "better tools": "Even if the investment is in a purely speculative instrument that has no utility, the #ECOSYSTEM around it starts to form and that money flows through and the investment flows through into infrastructure, which I think is good." ✔️ Warwick further noted that meme tokens, #NFTs💌🖼️🇩🇪 , and GameFi "engage more emotions and cultural ideas, which are much more interesting, understandable, and accessible to the average person than DeFi." #CryptoWatchMay2024 #BTC
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Alexander Vinnik, co-founder of the infamous $BTC -e crypto exchange, has pleaded guilty to laundering a staggering 💰 $9 billion. BTC-e, operational from 2011 to 2017, was a major platform involved in 🧑‍💻processing illicit funds linked to cybercrime, corruption, and trafficking. 👀 Not registered with U.S. FinCEN and lacking essential KYC and AML protocols, #BTC -e was a preferred hub for criminals to conceal their proceeds. Vinnik now faces substantial penalties, reflecting serious U.S. efforts against crypto-related crimes. 🔍Sentencing awaits, with further details from the IRS and Homeland Security. #CryptoWatchMay2024 #MicroStrategy #BlackRock #altcoins
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#santiment published statistics on the increase in the number of wallets with non-zero balances in leading cryptocurrencies over 6 months: ▪️Toncoin $TON 16.8K wallets (+110% growth) ▪️Dogecoin $DOGE 6.6M wallets (+27% growth) ▪️USDT 5.7M wallets (+23% growth) ▪️USDCoin #USDC 2.1M wallets (+16% growth) ▪️Ethereum 120.7M wallets (+11% growth) ▪️Bitcoin 53.9M wallets (+10% growth) ▪️XRPLedger $XRP 5.2M wallets (+7% growth) ▪️#Chainlink $LINK 727K wallets (+6% growth) ▪️Cardano $ADA 4.5M wallets (+0% growth) #CryptoWatchMay2024 #BTC
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🚨Tether has blocked two #wallets with a combined amount of $14,214,355 USDT #Tether has previously pledged to block payments to organizations subject to OFAC sanctions. On May 2, Tether and Chainalysis announced the development of a solution to monitor the secondary market in the #USDT。 ecosystem. #CryptoWatchMay2024 #BTC
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One of the old guys that continues to please with its technicality #XRP🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙 💰 🗣 The asset is now between local support at $0.478 and local resistance at $0.573. The asset after the spill showed a good reaction and confirmed the presence of a big buyer with its volumes. Now we are moving sideways and making the so-called accumulation, where the big player accumulates his position ⚡️As soon I expect a small corrective movement after which we will continue to grow and will move in an upward trading channel. 🔜I plan to enter the trade from the current (0.51$-0.53$). 🛑 Stop loss will be at (0.49$) ✅First take (0.55$) ✅Second takeout (0.59$) When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 13% of net movement #CryptoWatchMay2024 #BTC #altcoins #MicroStrategy
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