✅ A number of posts by TheRoaringKitty led to rallies in meme coins and GameStop stock (GME). Meanwhile, other coins don't seem to be rushing to get higher 😬

Day summary:

🔸 OpenAI announced the launch of the GPT-4o, a model that can talk, listen and see

🔸 El Salvador has launched its own proof-of-reserves website ✔️

🔸 Ripple CEO says it is “clear” that the US government is “going after” stablecoin issuer Tether

🔸 Chinese police arrested six people involved in using crypto to provide an illegal currency conversion operation that handled some $296 million

🔸 CEO of Uniswap, called on Joe Biden to consider how voters think about crypto when they enter ballot boxes in November 🗳

🔸 Blockchain security platformCertiK discovered a $5 million security flaw in Wormhole bridge on Aptos
#ETFvsBTC #CryptoWatchMay2024 #EarnCommissions #ScamRiskWarning

🇺🇸BREAKING: Crypto bill FIT21 passed by 279-136 vote in US House.

#ETFvsBTC #MemeWatch2024 #CryptoWatchMay2024 #EarnCommissions #ScamRiskWarning

ETH CHART

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RIP to the legend, Jim Simons, a math professor who turned into a GOAT hedge fund manager and became a multi-billionaire, dies at the age of 86 🕯

His Medallion Fund delivered more than 60% average annual returns over three decades and became one of the world's most successful hedge funds.

Five principles he has used in his life and career 👇

• Do something new; don’t run with the pack.
Exploring new areas and problems can increase your chances of success.

• Surround yourself with the smartest people you can find.
Collaborating with talented individuals can enhance your work and be enjoyable.

• Be guided by beauty.
Whether in mathematics, poetry, or organizational management, beauty can inspire excellence.

• Don’t give up easily.
Persistence is key, especially when pursuing long-term goals.

• Hope for good luck!
#ETFvsBTC #CryptoWatchMay2024 #ScamRiskWarning #EarnCommissions

Hash Ribbons claims that miners are capitulating. This often coincides with significant BTC price lows, which has always been a good time to buy 💸

Stablecoin issuer Circle has filed documents with the court, planning to move its legal headquarters from Ireland to the United States in preparation for its upcoming IPO 👀

Police in China have solved the case of more than $1.9 billion worth of underground banks that used USDT to smuggle drugs and cosmetics and help customers acquire assets overseas 🇨🇳

Consensys announced the launch of Smart Transactions, a new technology rolling out to all MetaMask users globally as an optional feature, this offers better transaction success rates, reduces gas costs, and protects users from harmful MEV attacks 🦊

🔹 Last 24 hours top 3 gainers:

FLOKI - $0.000216 (↑12.42%)
Arweave - $41.16 (↑5.89%)
Bittensor - $353.91 (↑3.79%)

#ETFvsBTC #CryptoWatchMay2024 #EarnCommissions #RiskScamWarning

Ethereum Open Interest hits a new ATH 📈

The aggregated open interest of ETH/USD trading pairs is at a record high. This indicates increased market participation 📊

High open interest doesn't specify a bullish or bearish trend; it depends on the positions' direction and market reactions, but it raises the risk of liquidations, which can amplify price movements.

In short: Be prepared for a roller coaster ride 🎢
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✅ The bulls seem to be getting serious, BTC was able to hold its ground and almost reached the $72,000 mark today, now trading above $71k 💪

Day summary:

🔸 Coinbase announced it is launching a new “smart wallet”

🔸 Scammers hijacked the official Microsoft India X account and used it to promote scam ICO

🔸 Tether CEO said that a prominent vendor used by crypto companies to manage mailing lists might have been compromised

🔸 Bitcoin ETFs had their best day of inflows since March 📈

🔸 BlackRock, Citadel Securities-backed TXSE group is planning to launch the Texas Stock Exchange

🔸 K33 Research said in a report that ETH ETFs could attract $4 billion of inflows in the first 5 months 😳

🔸 90 billion asset manager VanEck predicts Ethereum will reach $22,000 by 2030 

#ETFvsBTC #MemeWatch2024 #StartInvestingInCrypto #EarnCommissions #EarnFreeCrypto2024

Warren Buffett just rugpulled his investors 📉😞

Just kidding! A technical issue at the NYSE on caused the shares of Berkshire Hathaway to appear to be down nearly 100% 🤣

#ETFvsBTC #MemeWatch2024 #StartInvestingInCrypto #EarnCommissions #EarnFreeCrypto2024

✅ After a long wait, we have arrived - Ethereum bulls can celebrate today 🐮🎉

Day summary:

🔸 SEC approved all spot Ethereum ETFs

🔸 Ethereum is effectively deemed a Commodity by the SEC

🔸 Asset manager Grayscale unveiled two new investment trusts

🔸 US lawmakers voted in favor of a crypto market structure bill FIT21

🔸 Five potential spot ETH ETF issuers have submitted amended 19b-4 filings

🔸 Bloomberg analyst James Seyffart said that after the futures the CFTC approved ETF, the SOL SPOT ETF could be next

🔸 US House passes bill to ban the Federal Reserve from creating a Central Bank Digital Currency

#ETFvsBTC #MemeWatch202450 #CryptoWatchMay2024 #EarnCommissions #ScamRiskWarning

Bitcoin Hash Ribbons indicator shows a buy signal 📈

This indicator identifies periods when Bitcoin miners are distressed and may be capitulating and now it shows a buy signal for the first time since the BTC price was $25k

The assumption is that periods of miners' capitulation can occur when the price is at major lows, and may therefore present a good opportunity to buy the dip (usually it really is) 🤑

#ETFvsBTC #MemeWatch2024 #StartInvestingInCrypto #EarnCommissions #EarnFreeCrypto2024

💰 Bitcoin market split as buying and selling volumes remain the same

🔼Bitcoin's spot trading volumes over the past week reveal intriguing shifts in market activity and sentiment. The price saw notable volatility, peaking on May 25 at $69,270 but then dipping into a stabilization phase. A sharp decline in trading volume coincided with this peak, suggesting market hesitation. Then something intriguing happened—trading volumes began to climb again, with May 28 seeing a significant upswing despite a slight price decline to $68,280📊

#ETFvsBTC #MemeWatch2024 #CryptoWatchMay2024 #EarnCommissions #EarnFreeCrypto2024

💸Ethereum ETF approval will set stage for 💰 Solana ETF, commodity classification

According to a recent Bernstein report, the approval of a spot Ethereum (ETH) exchange-traded fund (ETF) in the US may establish a precedent for classifying Solana (SOL) as a commodity. The classification of cryptocurrencies as either securities or commodities holds significant implications. Commodity classification facilitates ETF applications and approvals, while security classification subjects assets to stricter SEC oversight.
probably was 😅
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Good Morning Crypto  - 5 ethereum ETF applicants amended their 19b-4 filing - Fidelity removes the eth staking idea amid approval - Vaneck ETH spot ETF listed on DTCC website - Trump accepts crypto donations for vote campaign - Nvidia earning report releasing today
probably was 😅
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✅ Bitcoin and Ethereum are trying to consolidate the results of yesterday's rally, but prices are still declining, although a bullish momentum is visible 🐮

Day summary:

🔸 The CME is set to introduce Bitcoin trading

🔸 Coinbase is developing a service that targets Australia’s growing self-managed pensions sector

🔸 US Senate passes resolution overturning SEC crypto rule on banks ⚖️

🔸 Binance’s security experts developed an “antidote” against the growing instances of address poisoning scams

🔸 JPMorgan estimates that the current mining cost for Bitcoin miners is around $45,000 🔌

🔸 CZ has not yet been jailed as he awaits notice by the Probation or Pretrial Services Office

🔸 Notcoin was listed on multiple CEXs, currently trading around $800M FDV and a price $0.0078
#ETFvsBTC #CryptoWatchMay2024 #EarnCommissions #ScamRiskWarning

✅ Bitcoin again tried to reach the $71,000 mark but fell back halfway, Ethereum failed to overcome sellers' resistance at $4,000 😶

Day summary:

🔸 Trump pledges to free Silk Road creator Ross Ulbricht if he gets re-elected

🔸 The founder and CEO of DeFiance Capital says that the price of ETH could rally to $4,500 very soon 👀

🔸 Caitlyn Jenner's X account started promoting Solana memecoins, many believe that account was hacked

🔸 Trader GCR X’s account was stolen by hackers, who used it to pump and dump ORDI coin

🔸 Argentinian regulators have been talking to their counterparts in El Salvador about Bitcoin adoption 🤝

🔸 Ethereum developers schedule Pectra upgrade for Q1 2025

#ETFvsBTC #MemeWatch2024 #CryptoWatchMay2024 #EarnCommissions #EarnFreeCrypto2024

Important Events in Coming weeks to watch out for :

If all are approved - This will be a very big win for Crypto Space.

1) Eth Spot ETF Approval
2) Sec's SAB121 Repeal to be Signed by Biden
3) Voting on FIT21 Bill
#ETFvsBTC #MemeWatch2024 #CryptoWatchMay2024 #EarnCommissions #ScamRiskWarning