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🪙 Crypto News (Apr 15, 2024): 1️⃣ Crypto Nerd: A crypto trader lost over $1 million trading PEPE with leverage. According to the trader, he opened a long position on #PEPE with 3x leverage, investing $1.14 million, only to find his long position liquidated the next morning. The trader stated that he had about $1000 left in his bank account and seriously considered suicide. Later on April 13, 2024, Crypto Nerd reached out, noting that "somehow" $179,574.51 appeared in his account. Previously, the balance at this address was zero. 📉 2️⃣ Worldcoin: The World App for the #Worldcoin​ protocol has registered 10 million users in 160 countries. 🌍 3️⃣ The Block: #Uniswap Labs increased the fee for token exchanges using the DEX interface from 0.15% to 0.25%. The changes did not affect transactions with stablecoins and wrapped tokens. Users can avoid these fees by using an alternative interface to access Uniswap. 🧱 4️⃣ Paolo Ardoino: Paolo Ardoino, the CEO of Tether, the issuer of the #USDT stablecoin, announced the launch of a tokenization platform. Anything can be tokenized, from bonds, stocks, and funds to café loyalty points. 🚀 5️⃣ Gemini: The founders of the cryptocurrency exchange Gemini, Cameron and Tyler Winklevoss, have become co-owners of the Real Bedford FC (RBFC) football club. They invested $4.5 million in Bitcoin. It is reported to be the largest investment in a UK football club outside the professional league. The financing was conducted through Winklevoss Capital. ⚽ 👍 Subscribe to stay updated on cryptocurrency news!

🪙 Crypto News (Apr 15, 2024):

1️⃣ Crypto Nerd: A crypto trader lost over $1 million trading PEPE with leverage. According to the trader, he opened a long position on #PEPE with 3x leverage, investing $1.14 million, only to find his long position liquidated the next morning. The trader stated that he had about $1000 left in his bank account and seriously considered suicide. Later on April 13, 2024, Crypto Nerd reached out, noting that "somehow" $179,574.51 appeared in his account. Previously, the balance at this address was zero. 📉

2️⃣ Worldcoin: The World App for the #Worldcoin​ protocol has registered 10 million users in 160 countries. 🌍

3️⃣ The Block: #Uniswap Labs increased the fee for token exchanges using the DEX interface from 0.15% to 0.25%. The changes did not affect transactions with stablecoins and wrapped tokens. Users can avoid these fees by using an alternative interface to access Uniswap. 🧱

4️⃣ Paolo Ardoino: Paolo Ardoino, the CEO of Tether, the issuer of the #USDT stablecoin, announced the launch of a tokenization platform. Anything can be tokenized, from bonds, stocks, and funds to café loyalty points. 🚀

5️⃣ Gemini: The founders of the cryptocurrency exchange Gemini, Cameron and Tyler Winklevoss, have become co-owners of the Real Bedford FC (RBFC) football club. They invested $4.5 million in Bitcoin. It is reported to be the largest investment in a UK football club outside the professional league. The financing was conducted through Winklevoss Capital. ⚽

👍 Subscribe to stay updated on cryptocurrency news!

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🪙 Crypto News (May 4, 2024): 1️⃣ Animoca Brands: Animoca Brands, a Hong Kong-based gaming company, together with the Darewise platform, has announced the introduction of the #BLIF token on the Bitcoin network via Opal Protocol. Animoca Brands' vision is to establish a distinct ecosystem for gaming, entertainment, decentralized finance (DeFi), and education on the Bitcoin blockchain. To achieve this, they plan to integrate BLIF, which adheres to the new Runes token standard. 🎮 2️⃣ Mishaboar: DogeChain, a widely-used platform for #Dogecoin transactions, has declared its closure effective June 1, 2024. Urging users to swiftly transfer their #DOGE tokens from DogeChain to alternative wallets and secure their private keys before the service discontinues. 🐕 3️⃣ LayerZero: The team behind LayerZero's omni-chain protocol has confirmed the successful completion of the first snapshot on May 1st. Developers have committed to delivering updated details soon regarding the forthcoming airdrop. 🔄 4️⃣ Block: Under the leadership of Jack Dorsey, payment company Block has initiated a practice of allocating 10% of its monthly gross profit from Bitcoin-related activities to purchase additional coins. This strategy is set to continue until the conclusion of 2024. 💳 5️⃣ Baron: Nigerian fintech firms Moniepoint, PalmPay, and Paga have issued warnings to customers against engaging in cryptocurrency transactions through their platforms, threatening account suspensions. Users have shared these cautionary messages. 🇳🇬⚠️ 👍 Enjoying the updates? Subscribe for more crypto insights or drop a like if you found this helpful! Have any questions? Feel free to ask!
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📈 Prediction (ETH and FET): 😀 ETH/USDT - According to data from the Glassnode analytical platform, the inflow of #ETH to exchanges has significantly slowed down over the last 24 hours. This usually leads to a rebound, so the asset has a chance to at least partially recover from the losses incurred this week. Forecast: At the time of writing, #Ethereum is trading at $2,945 and bouncing off the lower boundary of the descending wedge. The asset has been in this pattern for the past two months, and a drop below $3,000 would only confirm the bullish reversal pattern. The likely move from here would be an impulse towards breaking the upper trendline. If successful, ETH could rise to $4,000. On the other hand, a rise in bearish sentiment among investors could threaten the rally potential. Failure to hold the $3,000 level could lead to a collapse to $2,800, invalidating the bullish thesis and sending the altcoin to $2,740. 📊 FET/USDT - Currently, #FET is experiencing a surge in investor interest: evidenced by the increase in the number of active addresses over the past 48 hours. The total number of wallets transacting on the network has increased by 93% — from 1,152 to 2,152. The growth in active addresses, coupled with a decrease in price, is usually considered a buy signal. Forecast: At the time of writing, FET is trading just below the $1.96 support. This level has been tested several times in the past and has not yet been breached. A bounce from it would mark the beginning of a potential rally towards the $2.46 mark, which the asset failed to overcome during the last uptrend. Losing the $1.96 support level could nullify the bullish scenario and trigger a price drop for Fetch.ai to $1.71. 👍 Share this analysis with others!
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