Bitcoin long liquidations have spiked to more than $40 million in the past 24 hours after a price correction saw BTC struggle to maintain its position above the $63k level, ETH lost $3k level but remains tied to Bitcoin price action 📉

FTX expects that if the Bankruptcy Court approves the distribution of value property, 98% of FTX's creditors will receive approximately 118% of their allowed claims 🤩

LayerZero CEO said that considering that nearly half of the addresses have only made one transaction, he believes that only 400,000 to 800,000 addresses out of 6 million addresses are real 🤨

The largest P2P Monero trading platform, LocalMonero, which has been running for seven years, announced its closure 🚧

The quantitative trading company Susquehanna International Group disclosed that it had purchased more than $1.1 billion worth of Bitcoin ETFs in the first quarter of 2024 🛒

🔹 Last 24 hours top 3 gainers:

THORChain - $5.62 (↑3.41%)

LEO Token - $5.89 (↑2.04%)

TRON - $0.122 (↑1.91%)

#TrendingTopic: #CryptoWatchMay2024 #ScamRiskWarning