✅ Market is down today, especially the ETH as it's struggling to maintain the $3,000 support level, experiencing a 4.1% decline in just two days 🐻

Day summary:

🔸 Democrats have introduced a bill to the House of Representatives that would temporarily ban the use of crypto mixers

🔸 US prosecutors are examining whether Tesla committed securities or wire fraud

🔸 Biden will veto legislation that would allow highly regulated financial firms to store bitcoin and crypto

🔸 FTX expected to return 98% of its creditors approximately 118% of their allowed claims 🤩

🔸 LayerZero CEO said he considers only 400k-800k addresses out of 6 million to be real and eligible for airdrop

🔸 Susquehanna International Group disclosed that it had purchased more than $1.1 billion worth of Bitcoin ETFs in Q1

🔸 P2P Monero trading platform, LocalMonero announced its closure 🚧

#CryptoWatchMay2024 #ScamRiskWarning