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Crypto De Nostradame
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📊On May 3, the total net inflow of Bitcoin spot ETFs was $378 million. •Grayscale ETF (#GBTC) net inflow is $63 million. •Fidelity ETF (#FBTC) experienced an inflow of $102 million. •Franklin ETF (#EZBTC) experienced $60 million inflow. (Record)

📊On May 3, the total net inflow of Bitcoin spot ETFs was $378 million.

•Grayscale ETF (#GBTC) net inflow is $63 million.

•Fidelity ETF (#FBTC) experienced an inflow of $102 million.

•Franklin ETF (#EZBTC) experienced $60 million inflow. (Record)

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US Congress Members Sent a Letter to SEC Chairman Gensler to Support Bitcoin (BTC)! Two US congressmen, Mike Flood and Wiley Nickel, sent a new letter to US Securities and Exchange Commission (SEC) Chairman Gary Gensler, requesting approval of options on spot Bitcoin (BTC) ETFs. In their letter, Mike Flood and Wiley Nickel wrote that the launch of such options is of critical importance for investors and that the SEC's duty is to protect the interests of investors. Here are the important details in the letter that 2 US Congress members sent to Gensler to support Bitcoin: “We ask that you expeditiously approve options on spot Bitcoin investment products or provide an explanation regarding the difference in the Commission's approach to options on currently traded Bitcoin futures ETFs and spot BTC ETFs.” Several American exchanges, including Cboe, BOX, MIAX, Nasdaq ISE and NYSE American, have filed with the SEC to launch options on spot Bitcoin ETFs. However, so far the SEC has not taken any action regarding these practices. The SEC claims that months later, it is still collecting public comments regarding the launch of such products. $BTC $ETH $BNB
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In Cryptocurrency Markets in the Last 24 Hours •⁠ ⁠Long transactions worth $31.88M were liquidated •⁠ ⁠Short transactions worth $129.36M were liquidated •⁠ Transactions of 46480 people were liquidated •⁠ ⁠Largest transaction liquidated at once worth $5.09M •⁠ 80.25% of liquidated transactions are short transactions
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Memecoin Craze: They Aim for the Top! In the last 24 hours, when Bitcoin and Ether revived the cryptocurrency market, the prominent category of the day was memecoins. Bitcoin (BTC) gave a signal of recovery after a long time. The leading cryptocurrency had recently fallen to $ 57,000. BTC, which exceeded $ 64,000 during the day, became a lifeline for altcoins. Especially Ether (ETH) has become an important factor in the inflow of money into altcoins. Among the altcoins that turned positive and increased the buying appetite, the prominent category of the day was memecoins. Memecoins were the fastest recovering cryptocurrencies. The memecoin craze is back in the cryptocurrency market. With Bitcoin (BTC) rising more than 8 percent in the last 24 hours, memecoins took center stage. Many memecoins left their mark on the day with their sharp rises. Experts in the crypto industry argue that memecoins are an important factor that provides cash flow to the market. Crypto investors are shifting to memecoins due to the excitement created by the high return and high risk environment. The cash that flows here somehow finds its place in the crypto industry. In this context, positively evaluated memecoins are the fastest rising category after every BTC decline. Cryptocurrencies virtually collapsed as BTC dropped to $57,000. In the cryptocurrency market, which has recovered in the last week, the #memecoin $ craze continued where it left off. #WIF increased by 23.79 percent in the last 24 hours. The rise of WIF occurred in parallel with other memecoins. #Dogecoin (DOGE) increased by 20 percent in the last 24 hours, Pepe (PEPE) increased by 16.97 percent in the last 24 hours, Floki (FLOKI) increased by 22.32 percent in the last 24 hours and Shiba (SHIB) increased by 11.67 percent in the last 24 hours. Brett (BRETT), the most popular memecoin of the Base network, attracted attention with its rise of 28.16 percent. The list of the most rising memecoins included memecoins from #Solana , #Ethereum and Base network. $ETH $DOGE $WIF
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Bitcoin is Back Above $64,000! This Level Is Now Critical. Bitcoin price dropped significantly last week, but reversed that trend with a strong comeback on Friday. On Wednesday, May 1, the leading cryptocurrency fell below $60,000 for the first time in almost two months. However, on Friday, May 3, the Bitcoin price rose above the $60,000 level. While writing the article, it exceeded the $ 64,000 level. Now the question is: Could this latest revival turn into a sustained rally for Bitcoin? In a recent article, Santiment reviewed the recent fluctuations in Bitcoin price and noted that this move above $62,000 indicates a change in investors' positions and sentiments. According to their analysis, traders on the Binance platform “switched from short-oriented positions to long-oriented positions” after the recent price increase. This sentiment shift could be a sign of resurgent optimism in the leading cryptocurrency. However, Santiment issued a warning for those who follow the Bitcoin price and are considering entering the market. As the company noted in its Blockchain analysis: “For the rally to continue, we want to see FOMO not at higher levels than it is right now.” FOMO refers to a situation where investors hastily purchase assets for fear of missing out on potential gains. It may increase the price in the short term, but extreme FOMO can often lead to unsustainable rises followed by declines. Additionally, crypto prices often move against the community's expectations. Therefore, if most traders believe that the Bitcoin price will rise, there is a high probability that there will be a decline in price. CryptoQuant CEO and founder Ki Young Ju revealed in a recent post that Bitcoin whales purchased 47,000 BTC in a single day. Ju also noted that this investor class may include ETF-related addresses, but the recent increase in “whale addresses” is not ETF-related. $BTC $ETH $BNB
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🗣Breaking News According to Elon Musk, if the USA does not do something about the national debt, the dollar "will have no value."
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