Top Cryptos to Invest in Now:

Fantom (FTM): Up 8% in 24 hours, aiming for $1.20+ retest. Potential 3-4x gains.

Toncoin (TON): Surged 7%, market cap over $22.5B. Partnership with Telegram and USDT expansion potential. Offers 3-5x gains.

Ethena (ENA): Hit record highs, market cap $1.16B. Popular DeFi protocol with 4x rally since launch. Bitcoin collateral option could drive 5x growth. #tinytick

The approval of U.S. Bitcoin ETFs led to a rapid surge in Bitcoin’s price, soaring from $46,000 to $73,000 within just 64 days. Now, consider the potential price movement of Ethereum (ETH) if similar ETFs are approved for it.”
It’s fascinating to think about how regulatory decisions can impact cryptocurrency markets. If Ethereum ETFs receive the green light, it could indeed have a significant effect on ETH’s valuation. 🚀🌟#tinytick

Time Is Running Out in the Hunt for Rare Bitcoin

A niche group of collectors is on the hunt for rare fragments of Bitcoin, which can be worth significantly more than their face value. Billy Restey, a digital artist based in Seattle, is among them, likening the pursuit to collecting rare trading cards like Magic: The Gathering or Pokémon.

Bitcoin is divided into 100 million satoshis (sats), and not all are created equal. Some, from the early days of Bitcoin or tied to significant transactions, are considered vintage and highly coveted. Restey and others employ various methods, including depositing and withdrawing Bitcoin batches from exchanges, to uncover these rare sats. While initially manual, Restey now uses automated software to sift through transactions, often selling valuable sats for around $80 each. #tinytick

Saudi Arabia's NEOM secures $2.7 billion new financing facility

NEOM, a unit of the kingdom’s sovereign wealth fund, secured a new revolving credit facility (RCF) worth 10 billion riyals ($2.67 billion) from local lenders, according to a NEOM statement seen by Reuters on Sunday.
Saudi National Bank, Riyad Bank, and Saudi Awwal Bank acted as the lead arrangers on the new facility while other participant banks are Al Rajhi Bank, Alinma Bank, Arab National Bank, Bank Albilad, The Saudi Investment Bank, and Bank AlJazira, the press release shows.

The new facility will be used to support NEOM’s short-term financing requirements as it moves forward in the development of major projects.
($1 = 3.7505 riyals). #tinytick

Ethereum price chart hints at $4K breakout to new all-time highs Ether price could be on track to new all-time highs, provided it can close the week above the $4,000 mark. #tinytick

Major Victory for Crypto!!!
The U.S. Senate has voted to overturn the SEC's stringent crypto accounting policy. The legislation passed with a 60 to 38 vote, a big win for the crypto industry. #tinytick

JP Morgan analysts believe Bitcoin's recent price drop is just the beginning, citing overvaluation and futures market conditions. #tinytick

Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom

Bitcoin was lower by 2.5% to $61,500 late Wednesday, with solana and bitcoin cash each down more than 7%.

Cryptocurrencies are still stuck in a corrective phase, but a wave of supply events worth billions of dollars could further delay any meaningful recovery. "A rapid succession of nearly $2 billion of token unlocks during the next ten weeks could lower the market for altcoins," crypto analytics firm 10x Research noted in a Wednesday report.

Large token unlocks in crypto are usually bearish events, increasing supply by distributing assets that were previously locked up in vesting contracts to team members, organizations and early investors including venture capital firms. #tinytick

Crypto Markets Break Down As Grayscale Sends Over $245,000,000 Worth of Bitcoin to Coinbase

Crypto markets have shed nearly $200 billion off their market cap in the last 24 hours as some of the industry’s biggest players appear keen to unload their coins.

According to crypto “de-anonymizing” platform Arkham, digital assets manager Grayscale has sent nearly a quarter of a billion dollars worth of Bitcoin (BTC) to Coinbase, potentially to sell on the open market. #tinytick

In terms of asset performance, Bitcoin and Ethereum are leading the pack, with YTD gains of +17.6% and +18.2%, respectively. We note that following the approval of the Bitcoin ETF, ETH has started to outperform BTC, which is a change from the relative underperformance throughout 2023.

On the other hand, the aggregate Altcoin market cap has not experienced the same performance, with YTD growth being less than half of the two majors.

Discover more in the latest Week On-Chain 👇
glassno.de/4bUAXaW #tinytick

Meet Mr. #Bitcoin - The Legendary of the Digital Financial Realm!
#Bitcoin#tinytick

Economist Alex Krüger Forecasts Bitcoin All-Time Highs on the Horizon, Anticipates 4x Surge for Prominent Layer-One Altcoin. According to the closely monitored trader and economist Alex Krüger, Bitcoin (BTC) could be gearing up for new record highs in the near future. #tinytick

European Bank With $600B AUM Invests In BlackRock Bitcoin ETF

BNP Paribas, the second largest bank in Europe, has embraced the Spot Bitcoin ETF.
The bank invested in BlackRock's iShares Bitcoin Trust.
However, the U.S. Bitcoin ETFs have continued to report gigantic outflows. #tinytick

Donald Trump Accepts Crypto Donations:
Former US President Donald Trump’s campaign started accepting crypto donations on May 21, making him the first major party candidate to do so. #tinytick

Today, the crypto market is predominantly in the red, witnessing significant declines across various cryptocurrencies. Over the last 24 hours, the overall crypto market has shed approximately $120 billion from its total capitalization, currently hovering around $2.63 trillion. This decline follows notable drops in the prices of major coins such as Bitcoin, Ethereum, and Solana. Bitcoin, for instance, plummeted below $67,000, shedding around $3,000 in a sudden crash earlier today, leading to a flurry of liquidations. Check out for more #tinytick

Will Ethereum Be Declared a Security By the SEC Next Week??

Even as a deadline looms for spot Ethereum ETF applications, a firm answer on its regulatory status seems “unlikely,” analysts say.#tinytick

$1 billion Coinbase crypto move could be 'giant buy signal

On Thursday, $1.3 billion of the stablecoin USDC was transferred to America's largest crypto exchange, Coinbase, in five separate transactions, ranging from $150 million to $350 million each — seen as a potential “buy” signal for the world’s largest cryptocurrencies, bitcoin and ether.

Crypto analysts say that these transfers by so-called crypto whales, or investors who hold significant cryptocurrency holdings and can influence markets, might yield a “big impact.”

“If this is indeed a whale buying and at current prices, then yes, it can have a big impact on the price of the asset they are buying, which at that level is almost certainly only bitcoin and ethereum,” analyst Lark Davis told Cointelegraph. #tinytick

The power SOL 🤪 a trader turns $2.2K of SOL into $2.26M in 8 hours with new memecoin The trader made an over 993x gain on their initial investment, spurring insider trading allegations. #tinytick

Coinbase analyst David Han said the market may be “underestimating” the timing and odds of a potential spot Ethereum ETF approval.
The mismatch leaves room for “surprises to the upside,” with no major sources of supply-side overhangs, he added. #tinytick

What you guys think? El Salvador Uses Volcano-Fuel To Mine 474 Bitcoin Worth $29 Million

El Salvador, the leading Bitcoin-centric nation, has been steadily increasing its Bitcoin holdings. The nation has joined the Bitcoin mining spree and, till now, has mined nearly 474 bitcoins, per new records. El Salvador is also pioneering a green energy initiative for its BTC mining endeavors, using a volcano-powered geothermal plant as its energy resource. #tinytick