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Crypto News is community driven Spot for sharing Crypto News, Insights and memes. Twitter: twitter.com/CryptoNews_HQ #CryptoNews #Crypto #News
🔎 Arkham Identifies $251M in Seized BTC.
During a trial in January, the U.S. 🇺🇸 government seized 3.94K BTC💰 from a drug dealer. Total holdings now stand at 216.788k BTC, worth $13.82B, mainly from criminal seizures.
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🏦 Coinbase is experiencing a Lightning Network outage but the issue appears to be identified and is being worked on.
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📊 Crypto Fear and Greed Index
🧭 Index Value : 68
😱 Sentiment : Greed
💰 BTC Price : $63158
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🚀 Top Trending Coins (Today)
1. KRL
2. FRIEND
3. DIONE
4. SOL
5. ONDO
6. BTC
7. MANEKI
8. WIF
9. SUI
10. ETH
11. AERO
12. RNDR
13. TON
14. FET
15. PENDLE
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💰 Coinbase is benefitting from “hostile regulatory environment,” according to Bitwise CIO Matt Hougan.
The hostile regulatory environment is creating an artificial 'moat' for Coinbase's business, helping sustain extremely high margins and allowing them to over-earn in the short-term = Hougan said.
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💰 Crypto lawyers say SEC is 'abusing' ⛔️ the Wells process as part of 'carpet bombing campaign' against crypto.
Crypto lawyers have taken aim at the SEC for sending multiple Wells Notices to top #crypto companies over the last few months.
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💰 First Bitcoin-backed synthetic dollar to launch with 25% yield 📈
“#USDh will play a pivotal role in bringing increased liquidity and new use-cases to #Bitcoin DeFi, allowing Bitcoiners to trade, lend, and transact in a dollar asset that is fully backed by Bitcoin.” - CEO
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🚨🚨🚨 NEW : 40,000 Ethereum💰 (approx $128,063,721 USD) was sent from #Arbitrum to #Kraken Cryoto Exchange.
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💰 Trading Volumes: Hong Kong 🇭🇰 vs United States 🇺🇸 ETFs.
The total trading volume of Hong Kong Bitcoin and Ethereum spot ETFs on May 6 was only US$7.72 million.
In comparison, 11 #Bitcoin spot ETFs in the US had a trading volume of US$1.88 billion, 268x times higher than Hong Kong's.
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🏛️ The Federal Court of Australia🇦🇺 has ruled against #BPS Financial for operating “Qoin Wallet” without proper licenses.
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🥇 #Bitcoin has officially processed over 1 billion transactions
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🔥Vodafone to embed crypto wallets in SIM cards to drive #Crypto adoption on mobile devices.
Cell phone SIM cards could be key to greater crypto and blockchain adoption, Vodafone's David Palmer says.
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🚨🚨🚨 Nigeria’s 🇳🇬 National Security Adviser (NSA) is set to label crypto trading as a national security threat, signaling an impending crackdown on P2P crypto transactions.
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💰 Bitcoin mining revenue has hit yearly low post-halving, with daily earnings dropping to under $3 million from the previous average of $6 million.
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🚨🚨🚨 Crypto Funds see largest weekly outflow in almost 2 years
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💰 Arbitrum surpasses $150 billion in total transaction volume on #Uniswap.
DeFiLlama shows #Arbitrum's TVL as $2.64 billion, making it the largest Layer 2 by TVL and the 5th largest protocol by TVL behind the Layer 1s Solana, BSC, Tron and Ethereum.
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💰 Ripple announced that it will launch its new USD 🇺🇸 backed stablecoin in June.
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⚡️ JUST IN : Robinhood has responded to the SEC "Wells notice" and is eager to demonstrate the weakness of the case against #Robinhood Crypto based on facts and the law.
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🏛️ HUGE : Judge Torres is scheduled to announce the final ruling on the fine for #Ripple💰 in the SEC lawsuit today.
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🚨🚨🚨BREAKING : #Robinhood crypto business slapped with SEC Wells Notice.
The SEC is planning to file an "enforcement action" against Robinhood's cryptocurrency business, according to the Wells Notice.
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🚨🚨🚨 NEW : Crypto Quant CEO Says Bitcoin💰 needs to remain above $80,000 for miners to remain profitable after halving.
As Bitcoin mining revenue significantly decreased in May due to the impact of the fourth Bitcoin halving event. The cost of mining went up.
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💰 A bitcoin wallet that has been inactive for more than a decade transferred its entire stack of 687.33 BTC worth over $44 million. The wallet recieved #bitcoins when price was $917 per BTC.
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🚨🚨🚨 More Than 90% of Stablecoin Transactions Aren’t From Real Users.
According to Visa data, a small fraction of #stablecoin transaction volumes, Only $149 billion out of $2.2 trillion in total transactions were seen as organic payments activity.
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🥇 Yesterday someone paid $100,000 fees for their $6 amount #Bitcoin transfer
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🚀 Top Trending Coins (Today)
1. FRIEND
2. BCUT
3. SUI
4. ONDO
5. TAO
6. RNDR
7. W
8. TON
9. BTC
10. SOL
11. ETH
12. WIF
13. KMNO
14. PEPE
15. BRETT
@News_Crypto
📊 Top 7 Token Unlocks of the Upcoming Week
Aptos $APT - $102.91M
Internet Computer $ICP - $43.02M
Karate Combat $KARATE - $29.66M
Masa $MASA - $27.80M
GMT $GMT - $23.68M
DAO Maker $DAO - $13.25M
Oasys $OAS - $10.17M
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