📣Hey there, BTC enthusiasts! 🚀 Let's talk about Toncoin (TON), the native token of The Open Network blockchain. It's been on a wild ride, outperforming Bitcoin by a whopping 118% since the start of 2024, according to CryptoQuant. 🎢

However, not all traders are on the TON train. 🚂 While US traders are bullish on TON, their European counterparts are more bearish. 🐂🐻 Asian traders, on the other hand, seem to be riding the wave, with both positive and negative price movements. 🌊

TON had a bumpy start due to regulatory hurdles from the US SEC, but it's been expanding its ecosystem and attracting developers and users. 🚧🚀 The latest sensation on the TON blockchain is a project called Notcoin (NOT), a web3 clicker game that has airdropped more than 80 billion NOT tokens to participants this week. 🎮💰

TON's also been busy with partnerships and integrations. 🤝 Telegram has integrated TON into its platform, allowing advertisers to pay with TON and content creators to earn TON payouts. 📲💸 TON also partnered with HashKey Group to provide on- and off-ramping of crypto and fiat to Asia-Pacific users of Telegram's wallet service. 🌏💼

And guess what? Tether has launched USDT and XAUT tokens on The Open Network, targeting Telegram’s 900 million user base. 🎯 So, while the market may be a mixed bag, it's clear that TON is making some serious moves! 💪🔥 Stay tuned for more updates! 📡

🚨Crypto News Alert!🚨 The Worldcoin project, known for its controversial practices, has hit another roadblock. Hong Kong's privacy regulator, the Office of the Privacy Commissioner for Personal Data (PCPD), has ordered a halt to all Worldcoin operations in the region. Why? The PCPD claims Worldcoin's practices violate local privacy regulations. 😱

The PCPD revealed that Worldcoin collected facial and iris biometric data from over 8,300 individuals during its Hong Kong operations. After conducting covert inspections, the agency deemed such extensive data collection as "unnecessary and excessive", violating Hong Kong's privacy laws.🕵️‍♂️

Worldcoin's plan to retain personal data for a maximum of 10 years to train AI models for user verification was also criticized. The PCPD suggested there are "less privacy-intrusive" alternatives to prove humanness.🧐

But wait, there's more! Hong Kong isn't the only region raising eyebrows at Worldcoin. The project has faced similar issues in South Korea, Spain, and Portugal. However, not everyone is against Worldcoin. Billy Luedtke, CEO of a decentralized identity startup, commends the project for addressing the challenge of verifying human presence in an online world.🌐

So, what does this mean for crypto? Jerry Li, CEO of Artela Network, views Hong Kong's halt on Worldcoin as indicative of its stringent stance on crypto regulation, particularly concerning data privacy. This could set a precedent in the APAC region, pushing other crypto projects to prioritize data privacy. But don't worry, crypto enthusiasts! Li assures that Hong Kong is not hostile towards cryptocurrencies.👍

Stay tuned for more updates! 🚀🌕

🚀🚀 All eyes on Ether (ETH) this week as it steals the crypto spotlight! The anticipation for its spot exchange-traded funds (ETFs) approval has investors on the edge of their seats. 📈📈 ETH soared 25% in just two days, hitting over $3,900 - a high not seen since mid-March. This rally was fueled by increasing odds of the SEC giving the green light to the funds, from 25% to a whopping 75%.

Traders in the perpetual futures market and permanent holders of ETH were the driving force behind this price surge. 🚀🚀 Long Ethereum positions were opened aggressively, resulting in total open interest in the futures market hitting its highest level since January 2023.

The Ethereum-Bitcoin Open Interest ratio also rose from 0.54 to 0.67, indicating that traders preferred more exposure to ETH over BTC. 🥳🥳 Buy orders dominated sell orders, adding more upward pressure on ETH prices.

Demand for ETH didn't stop there! Permanent holders accumulated over 100,000 ETH, their highest daily level since September 2023. The amount of staked ETH also bounced back, signaling investor confidence in the cryptocurrency. 🎉🎉

With rising demand, ETH's daily net flows into exchanges hit 62,000, its highest level since early March. Most of these flows went to Binance and Bybit. High exchange flows usually mean price volatility, as investors may want to sell their assets to profit from potential price rises after the ETF approvals.

At the time of writing, ETH is hovering around $3,700, having risen 1% in the past 24 hours. Stay tuned for more exciting ETH updates! 🚀🚀

🚀BTC enthusiasts, buckle up! Bitcoin had a stellar week, riding high on the wave of excitement following the approval of spot Ethereum ETFs in the US. 🎉

Last Sunday, BTC was struggling to stay above $66,000, but by Monday, it was a different story. Amid rumors of the US SEC approving eight spot Ethereum ETFs, BTC shot up by over $5,000, nearing $72,000 for the first time in six weeks. 🚀

However, the crypto giant couldn't sustain the momentum and started to lose value in the following days. The biggest dip came just before the US securities regulator gave the green light to the ETFs on Thursday, with BTC falling to $66,400. But fear not, BTC rebounded and soared to $69,000 by Friday. 💪

The weekend was relatively calm, but BTC held its ground at the $69,000 level. Its market cap is hovering around $1.370 trillion, with its dominance over other cryptocurrencies at 50.3%. 🏆

Meanwhile, Ethereum's native token, ETH, also had a field day, shooting up from $3,100 to over $3,900, its highest price since April. Other cryptos like DOGE, LINK, and APT also saw impressive jumps, but Uniswap and PEPE led the pack. 🥇

On the flip side, SOL, TRX, TON, and ADA were in the red. Despite this, the total crypto market cap gained more than $200 billion and is now above $2.7 trillion. 🌐

Stay tuned for more updates and keep HODLing, BTC fans! 🎉🚀

🚀📈 Hey BTC enthusiasts! Guess who's joined the crypto bandwagon? None other than Donald Trump! Despite his previous anti-crypto stance, he's now holding over $7 million in digital assets, with the meme coin MAGA (TRUMP) making up more than 65% of his portfolio. 🎉🎊

But wait, there's more! Other celebs like Justin Bieber, Neymar Jr., Jimmy Fallon, and Kevin Hart are also dipping their toes in the crypto waters. Bieber's portfolio is worth over $560,000, with ETH making up about 10%. Neymar Jr. holds over $66,000 in digital assets, with ETH and ApeCoin (APE) making up about 85% of his portfolio. Fallon owns almost $140,000 worth of crypto, while Hart sits on approximately $50,000 in digital currencies. 🌟💰

Interestingly, some of these celebs have also dabbled in NFTs. Bieber made headlines in January 2022 when he purchased a digital collectible from the BAYC collection for 500 ETH (around $1.3 million at the time). However, his NFT is now worth roughly $45,000, representing a 96% loss (at least on paper). 🎨🖼️

So, despite Trump's previous claims that BTC and other cryptos are based on "thin air," it seems he's changed his tune, even describing himself as the right choice for those in favor of the crypto industry. 🔄💬 Stay tuned for more exciting crypto updates! 🚀🌕

🚀Buckle up, BTC enthusiasts! Binance Research has confirmed a growing trend of tokens launching with limited circulating supply and high valuations. 📈💰

This high valuation, low liquidity crisis is fueled by an influx of private market capital, aggressive valuations, and a positive market outlook. The report estimates a whopping $155 billion worth of tokens will be unlocked from 2024 to 2030. But hold on, there's a catch! 🤔

Without a proportional increase in buy-side demand, this could lead to substantial selling pressure, challenging the market's ability to absorb these tokens without negatively impacting prices. 📉

The analysis also highlights a growing gap between market caps and fully diluted valuations (FDVs) for tokens launched over the past three years. This is primarily driven by recent token launches with extremely low circulating supplies, often under 20% of the total supply, inflating their FDVs. 🎈

But don't worry, Binance has a plan! To address this trend, Binance is taking the lead in fostering a healthy and sustainable market environment. They're inviting high-quality teams and projects to apply for the exchange’s listing programs. So, let's see how this plays out! 🎯🌐

Remember, always keep your eyes on BTC! 👀💫

🔥Hot off the press!🔥 Rui-Siang Lin, a Taiwanese national, was arrested at JFK Airport on May 18 for running Incognito Market, a darknet drug bazaar. Operating under the pseudonym "Pharoah," Lin allegedly facilitated over $100 million in crypto transactions through the sale of illegal narcotics. 💊💉

Lin, who identifies as a crypto developer and Monero enthusiast, is facing a slew of charges, including money laundering, engaging in a continuing criminal enterprise, narcotics conspiracy, and conspiracy to sell misbranded and adulterated medication. 😱

According to the FBI, they tracked Lin down by tracing crypto transactions from the marketplace to an exchange account under his name. The exchange provided Lin's driver's license, email, and phone number. 🕵️‍♂️💻

Despite the allegations, Lin reportedly conducted a workshop on cybercrime and cryptocurrency for police officers at the Saint Lucia Police Academy in early April. If convicted, he could be looking at a life sentence.👮‍♂️🚓

This case serves as a stark reminder that the so-called "dark web" is not a sanctuary for illegal activities. As always, stay safe and smart in the crypto world, folks! 🌐💡🔒

📢 Heads up, BTC enthusiasts! OKX, a major player in the crypto exchange world, has announced it will stop offering centralized cryptocurrency trading services for Hong Kong residents from May 31, 2024. 😮

The decision to withdraw its virtual asset service provider (VASP) license application was chalked up to a "careful consideration" of its business strategy. But hey, they're keeping mum on the specifics. 🤐

But don't fret, OKX assures that customer funds remain secure and withdrawal services will continue to operate as usual. 🛡️ After the cutoff date, Hong Kong-based customers will only be able to withdraw funds, and trading or depositing will be a no-go. 🚫

Interestingly, OKX's Web3 self-hosted wallet services will still be available to Hong Kong users, unaffected by this change. 🎉

OKX isn't alone in this retreat. Other applicants, including HTX's Hong Kong subsidiary and Huobi Hong Kong, have also withdrawn their VASP license applications with the Securities and Futures Commission (SFC) earlier this month. 🏃‍♂️

This comes on the heels of OKX's exit from India two months ago due to local regulations. Seems like OKX is having a bit of a reshuffle, huh? 🔄

Stay tuned, crypto fans! The crypto landscape is ever-changing, and we're here to keep you in the loop. 🔄🌐🚀

🚀🚀Buckle up, BTC enthusiasts! Ethereum's native token is making waves! After a significant surge toward the $4K resistance level, it's seen increased selling pressure, leading to a slight consolidation. But don't worry, this is just the calm before the storm! 🌩️

The daily chart shows renewed demand and buying pressure near the critical $3K support level. This buying momentum led to a notable upward move, with many short positions being liquidated as the price approached the substantial $4K resistance zone. However, a considerable supply near this pivotal area has increased sales pressure, causing increased volatility and a slight consolidation.

The 4-hour chart closely examines ETH’s recent bullish momentum, with the price demonstrating a significant 26% spike and surpassing multiple resistance levels. However, upon reaching the crucial $4K resistance area, the asset experienced increased volatility due to a large liquidation event.

The perpetual futures market has been a key driver of Ethereum’s price dynamics in recent years. The chart highlights a significant increase in the open interest metric, which coincides with a notable surge in ETH’s price and positive funding rate values. This uptick in open interest indicates heightened activity in the perpetual futures market, with more participants taking aggressive positions.

While the market sentiment is bullish, the price may enter a phase of elevated volatility and sideways consolidation before making its next big move. This temporary consolidation would allow the market to absorb recent gains and set the stage for a potential continuation of the bullish trend. So, keep your eyes on the prize, folks! 🏆🏆

🔔Breaking News!🔔 Kabosu, the Shiba Inu who became an internet sensation as the face of the "Doge" meme, has passed away at the ripe old age of 18. The news was confirmed by her owner, Atsuko Sato, on Instagram. Kabosu's iconic expression and hilarious captions won the hearts of millions worldwide, making her a symbol of the quirky charm of internet culture. 🐶💔

Dogecoin's official handle tweeted a touching tribute, acknowledging the immeasurable impact Kabosu had on the world. Kabosu, named after a citrus fruit for her round face, was adopted by Sato in 2008. 🍊🐕

Here's the fun part! Kabosu's viral meme led to the creation of Dogecoin (DOGE) in 2013. What started as a joke currency is now the world's largest meme coin by market cap. Talk about a rags-to-riches story! 💰💹

And it didn't stop there. DOGE's success sparked the creation of other dog-themed tokens like Shiba Inu Coin (SHIB) and Floki (FLOKI), which have since gained significant traction in the crypto industry. 🚀🌕

Sadly, Kabosu was diagnosed with leukemia in late December 2022, but her health improved soon after. Now, she rests peacefully, leaving behind a legacy that will continue to shape the world of cryptocurrency. Farewell, Doge! 🌈🕊️

🚀Buckle up, BTC enthusiasts! After a rocky end to April and a tumultuous May 1, Spot Bitcoin ETFs are back on track with a whopping 10 consecutive days of positive flows! 📈

This bullish trend follows BTC's rollercoaster ride, fueled by news of Ethereum ETFs, and now sees the asset heading towards a cool $69,000. 💰

Let's rewind a bit. Back in January, the crypto industry celebrated a huge milestone when the US SEC finally gave the green light to nearly a dozen spot Bitcoin ETFs. The impact was immediate, attracting billions of dollars in just a few months. 🎉

But then came April, and the tide turned with several red days. May 1 was particularly brutal, with over $560 million in outflows. 😱

However, the winds of fortune shifted again in the following weeks, especially after the positive US CPI data for April. Since May 10, the largest ETFs have been on a winning streak, matching the 10-day record of inflows from March. 🥳

BlackRock’s IBIT is leading the charge in inflows, attracting over $16,350 billion. Grayscale still holds the crown with $20 billion, but the outflows suggest BlackRock might soon take the throne. 👑

In total, all ETFs are nearing $13.7 billion in inflows. Meanwhile, Ethereum fans also had a reason to celebrate this week as the US SEC approved eight spot ETH ETFs. 🎈

BTC's response to the Ethereum news was a wild ride, soaring from $67,000 to $72,000 before plunging to under $66,000. But the past 24 hours have been more positive, possibly driven by the impressive inflows, and BTC is now hovering close to $69,000. 🚀

Stay tuned, folks! The crypto ride is far from over! 🌐

🚀Crypto enthusiasts, buckle up! The U.S. Supreme Court has unanimously ruled against Coinbase Inc. (COIN) in an arbitration dispute over its 2021 Dogecoin (DOGE) sweepstakes. 🐕💨

In a 9-0 ruling, the court clarified that when parties are governed by multiple contracts, it's up to the court to decide which legal agreement takes precedence. 🏛️📜

Coinbase had hoped to settle the dispute through arbitration, based on user agreements that mandate arbitration for all customers. However, a federal judge ruled that the sweepstakes terms, which specified California's court system for related disputes, overruled the customer agreement. 🚫⚖️

The Supreme Court upheld the lower court's authority, dismissing Coinbase's argument that ruling against them would lead to legal chaos and enable parties to dodge arbitration agreements. 🎯👩‍⚖️

Richard Silberberg, an arbitration lawyer, noted that the decision was "hardly surprising" and confirmed that "a court, not an arbitrator, must decide whether the parties' first agreement was superseded by the second." 📚👨‍⚖️

The dispute originated from a lawsuit by former Coinbase user David Suski, who claimed that the "Trade Doge, Win Doge" contest misled participants into thinking a $100 purchase or sale of Dogecoin was required to win cash prizes. However, the fine print revealed an alternative entry method via mail, avoiding the need for purchase. 📬💸

In response to the ruling, Coinbase's Chief Legal Officer Paul Grewal commented, "Some you win. Some you lose. We are grateful for having had the opportunity to present our case to the court and appreciate the court's consideration of this matter." 🙏🎢

Stay tuned for more updates on this rollercoaster ride in the crypto world! 🌐💫

🚀🚀Buckle up, BTC enthusiasts! The U.S. Congress may be warming up to crypto, but President Biden could still be a roadblock, says Senator Cynthia Lummis. 🧐

In a recent interview, Lummis shared insights on Capitol Hill's evolving views on crypto and the parties still resisting pro-crypto legislation. The big question? Whether Biden will sign H.J.Res. 109 into effect. This resolution, which has bipartisan support, aims to repeal a prior SEC rule that made it tricky for regulated banks to offer crypto custody services. 🏦💼

Biden had threatened a veto, but the strong bipartisan backing for the act has some hoping he might change his tune. 🎵🎶

However, Lummis warns that the SEC had already cautioned her about a potential Biden veto. Now, she says, the White House will have to reconsider. 🤔

Meanwhile, two other crypto-focused bills, FIT21 and the CBDC Anto Surveillance State Act, have passed the House. FIT21 even secured a two-thirds majority vote, enough to override a potential presidential veto if the Senate shows equal support. 📜👏

Lummis notes that bipartisan support for crypto is growing, but opposition still exists, mainly from the "progressive wing" of the Democratic party. 😬

Going forward, Lummis encourages the crypto industry to engage with their congresspeople and educate them about digital assets. She sees the 2024 political opportunity as a chance to establish a lasting framework for the digital asset industry. 🎓📚

So, will Biden veto pro-crypto legislation? The crypto world is watching! 👀🍿

🚀Buckle up, BTC enthusiasts! The defunct crypto exchange FTX has been caught red-handed, paying over $25M to six whistleblowers who unearthed some serious issues. 😲 And guess what? FTX still owes a whopping $11B to investors who suffered losses after its collapse.

🔍An examination report by Robert Cleary revealed that one whistleblower, an FTX.US executive, blew the lid off FTX Group's deceptive practices. They claimed that the group misled regulators and investors and lacked a proper corporate structure. The whistleblower, after voicing their concerns, was told to apologize and later resigned, receiving a hefty $16M settlement. 💰

🔥Another whistleblower, after less than two months of employment, alleged market manipulation and insider trading, and received a $1.8M settlement. A third whistleblower was offered a $200K settlement after alleging similar issues.

👀The report also revealed that FTX Group didn't maintain a comprehensive employee list and many employees resigned informally.

🎭Former FTX.US President Brett Harrison, who quit before the exchange's collapse, responded to the report, denying being a whistleblower or receiving a $16M settlement.

🔚FTX collapsed in November 2022 and has been undergoing bankruptcy since then. Its former CEO, Sam Bankman-Fried, was found guilty of defrauding FTX’s customers, lenders, and investors, and was sentenced to 25 years in prison.

Stay tuned for more updates, folks! 🚀🌕

🚀🚀Buckle up, Bitcoiners! Ondo Finance's ONDO token is on a tear, rocketing nearly 20% to an all-time high of $1.15 on May 24, 2024. 🎉🎉 This surge is largely credited to Coinbase adding ONDO to its perpetual market.

📈📈DefiLlama data reveals that this increase has catapulted ONDO's market cap beyond a whopping $1.6 billion. On May 21, Ondo Finance also hit a peak total value locked (TVL) of $453 million, its highest level ever.

🔍🔍IntoTheBlock data shows a 52.3% rise in large transaction volumes for ONDO, with all holders currently in the green. A significant 92% of these holders are large ones, with around 63% of investors holding their tokens for periods between one and twelve months.

📊📊Since mid-March, ONDO’s price oscillated between $0.97 and $0.69 but broke out on Friday. A 10% rally ended the consolidation, pushing ONDO to an initial record high of $1.05. Now in a price discovery phase, investors expect the bullish momentum to continue driving it upward.

🎯🎯The rally came amid the U.S. Securities and Exchange Commission (SEC) approving spot Ethereum exchange-traded funds (ETFs). Despite the controversial impact on the rest of the market, ONDO is among the top performers on a daily scale.

🚀🚀Since its launch earlier this year, ONDO has seen strong demand and has rallied over 1,300% from its all-time low. Another major catalyst behind the ONDO price rally could be related to Coinbase’s addition of the asset to its perpetual market.

🔮🔮Following the announcement, several market traders have issued bullish calls for ONDO. One emphasized that ONDO represents a potent “ETH beta” set for attention soon. Another predicts an upcoming surge in the “real-world-asset narrative,” highlighting ONDO’s noteworthy performance.

🎉🎉So, here's to ONDO's continued ascent! Keep your eyes on the prize, Bitcoiners! 🚀🚀

🚀🚀 Get ready, BTC enthusiasts! It's been a rollercoaster week in the crypto markets, with Ethereum stealing the limelight. 🌟

Last weekend was calm, but Monday evening shook things up when Bloomberg's ETF experts upped their prediction for the SEC approving spot Ethereum ETFs this week to 75%, from 25%. This sent shockwaves through the markets, with ETH skyrocketing over 20% from $3,100 to a multi-week peak of $3,800. 📈

Bitcoin wasn't left behind, shooting up from $67,000 to a six-week high of almost $72,000 on Monday evening. However, both BTC and ETH failed to maintain their momentum towards the end of the week. The big news was that the SEC had indeed approved eight spot Ethereum ETFs for trading in the US, but both BTC and ETH dropped by more than 4% just hours before the ETFs were greenlighted. 😮

Despite this, ETH is still one of the top performers this past week, surging by 18%. Other big gainers include BONK (43% up) and PEPE, which charted a few consecutive all-time highs. 🎉

In other news, the SEC approved spot Ethereum ETFs for public trading, spot Bitcoin ETFs saw strong inflows, and Grayscale CEO Michael Sonnenshein stepped down. Despite all the positive news around Bitcoin, the new addresses count has declined substantially in the past few weeks. 📉

So, hold on tight, BTC lovers! It's a wild ride, but we're optimistic about the future of Bitcoin. 💪🚀🌕

📣📣 Attention BTC enthusiasts! Despite Shiba Inu (SHIB) showing a rather dull performance this month with a drop of over 11% from its March highs, whales are still betting big on this meme coin! 🐋💰

Data from IntoTheBlock reveals that these crypto giants have been gobbling up SHIB tokens like there's no tomorrow, accumulating a staggering 30 trillion SHIB tokens in May alone. 🚀🌕

Despite the price of SHIB currently hovering around $0.000024, down from its March high of $0.0000457, these whales seem to be playing the long game, betting on SHIB's potential for a future uptrend. 📈💪

In other SHIB news, Coinbase has announced it will be launching perpetual futures contracts for SHIB, and has also added support for other popular meme coins. This has led to a 43% increase in SHIB's trading volume in the past 24 hours. 🎉🔥

Moreover, SHIB's burn rate skyrocketed by 579% on May 19th, reducing the meme coin's market supply by 12.70 million SHIB tokens and potentially increasing its demand. 🚀🌕

So, while SHIB may be down, it's certainly not out. Stay tuned for more updates! 📰👀

🚀🎉 Ethereum (ETH) is on a roll, folks! This week, it soared over 20%, coming close to the $4,000 mark. Why? Well, the crypto world was buzzing with hopes of a green light from the SEC for spot ETH ETFs. 🚦

However, when the approval became official, instead of a further price surge, we saw a wave of volatility sweep across the crypto sector, with ETH dipping into the red. 📉

Analysts are split on ETH's future. Some are forecasting a major price hike, while others are predicting short-term corrections. But key indicators suggest a potential rally might be on the horizon. 📈

CryptoYoddha, for instance, believes ETH doesn't care about ETF approvals. He predicts the asset's value could surpass $13K next year, aligning with the bull cycle's peak. 🐂

On the other hand, Ali Martinez is less optimistic. He sees a sell signal on ETH's daily chart and expects a short-term correction. 📉

Open interest, a key metric indicating the total number of unsettled derivative contracts, recently hit an all-time high. This suggests significant price swings could be coming. 🎢

Another factor to watch is ETH's exchange netflow, which has been negative recently. This shift from centralized platforms to self-custody methods is seen as bullish, as it reduces immediate selling pressure. 🐂

Finally, let's look at the Relative Strength Index (RSI) for ETH, which measures the speed and change of price movements. Currently, it's around 52, which is a comfortable middle ground. 📊

So, will we see a bull run or a major correction for ETH after the ETF approvals? Only time will tell! 🕰️🔮 But one thing's for sure - it's an exciting time to be a part of the crypto world! 🎉🚀

📣Calling all BTC enthusiasts! Let's take a look at Polkadot's (DOT) recent market performance. 📈

Despite a significant dip in April, DOT's price remains rangebound. Over the past 24 hours, it has slipped by more than 3%, possibly due to the recent SEC developments and the approval of spot Ethereum ETFs. Meanwhile, the broader market is at a crucial point. 🎯

On the daily chart, DOT's price has been consolidating within a flag pattern, hovering around the 200-day moving average. The $6 level is holding strong, with attempts to break above the 200-day moving average around $7.5. If successful, we could see a bullish run towards $9 and beyond! 🚀

However, the bears have put up a strong resistance at $7.5. The 4-hour chart shows a bearish shift in momentum, with the RSI dropping below the 50% mark. A retest of the lower trendline seems likely in the short term. 📉

Looking at the DOT/USDT Binance liquidation heatmap, the $6.5 and $8 levels contain the most liquidity close to the current price. A breakout could trigger a liquidation cascade and intensify the move. The $10 level holds the most liquidity, making it a key zone if the price begins to rise. 🎲

Stay tuned for more updates! 📰👀

🎉Hey there, BTC enthusiasts! Let's talk about some exciting news from Coinbase! 🚀

The US-based cryptocurrency exchange has given the green light for trading Ripple's native token, XRP, in New York. 🗽 Now, New Yorkers can buy, sell, convert, send, receive, or store XRP via the Coinbase iOS and Android apps. 📱

This announcement may have triggered a brief price spike for XRP, soaring to $0.53 before settling back to around $0.51. 📈 But hey, that's the crypto market for you - always full of surprises! 🎢

Remember when Coinbase first embraced XRP in 2019, but then delisted it after the SEC filed a lawsuit against Ripple? Well, they relisted it after Ripple's first partial court win against the regulator. 👏

But wait, there's more! Coinbase is also diving into the meme coin sector, introducing perpetual futures contracts for Shiba Inu (SHIB), Bonk Inu (BONK), and Floki Inu (FLOKI). 🐕 These options will be available for users starting May 30.

Perpetual futures contracts are a type of derivative product that allows traders to speculate on future price movements of digital assets without owning them. They don't have an expiration date, offer high leverage, and require users to maintain a certain margin level to keep their positions open.

So, whether you're a fan of XRP or meme coins, there's something for everyone at Coinbase! 🎉 Stay tuned for more updates! 🚀