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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

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🚨🚨🚨 LocalMonero, the biggest peer-to-peer #Monero💰 trading platform, has announced its shutdown after nearly 7 years in operation.

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🌏 Asia Crypto Ventures Launches $128M Crypto ETF Liquidity Fund in Hong Kong 🇭🇰

Asia Crypto Ventures, LD Capital, Bitmain's Antalpha Ventures, and Highblock collaborate to create the first crypto #ETF liquidity fund in Hong Kong, with a value of $1 billion HKD (~$128M USD), aimed at providing market-making services to Hong Kong ETFs.

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🚨🚨🚨 New : Proposal for Grayscale’s Ethereum💰 Futures Trust ETF has been withdrawn.

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💰 MicroStrategy now owns more #Bitcoin than any country in the world

@Fin_Watch

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Ethernity (ERN) Announces the Launch of Ethernity Chain, an #ETH Layer 2 Network with Advanced AI-Driven Security.

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🔥 Upbit cold wallet "Mr.100" bought another 300 BTC today.

According to data monitored by HODL15Capital, "Mr.100" of Upbit cold wallet returned in a few days and bought Bitcoin💰 again today (May 7), with a total of 300 BTC purchased in two transactions.

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💰 Bitcoin ETF Inflow : 2024-05-06

#IBIT : $21.5M
#FBTC : $99.2M
#BITB : $2.1M
#ARKB : $75.6M
#BTCO : $11.1M
#EZBC : $1.8M
#BRRR : $0.0K
#HODL : $1.8M
#BTCW : $0.0K
#GBTC : $3.9M

📊 Net Inflow : $217.0M 🚀

7-day Avg : -$42.8M

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🇨🇴 Colombia's largest bank, Bancolombia, has unveiled its crypto exchange, #Wenia. The platform also introduced a Colombian fiat peso stablecoin called #COPW.

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📊 Bitcoin just hit $64000

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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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📊 Bitcoin just hit $63000

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📊 Ethereum just hit $3000

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💰 FTX anticipates distributing $14.5 - $16.3 billion in cash to creditors.

With 98% expected to receive 118% of their allowed claims within 60 days pending court approval.

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🔥 Susquehanna International Group's Massive Bitcoin💰 ETF Purchase.

The quantitative trading company buys over $1.1 billion worth of Bitcoin ETFs in first quarter of 2024.

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🚀 Top Trending Coins (Today)

1. TURBO
2. MODE
3. MANEKI
4. PONKE
5. ENA
6. RNDR
7. FRIEND
8. ETH
9. SOL
10. VELO
11. ONDO
12. AERO
13. KAS
14. BTC
15. BRETT

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📊 Bitcoin just hit $63000

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⚡️ JUST IN: Donald Trump's Election Victory Could Benefit Bitcoin💰 and Crypto, According to Standard Chartered.

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📊 Market Overview:

BTC : $63675
ETH : $3076.53
BNB : $592.55
SOL : $155.36

Dominance :

BTC : 50.70 %
ETH : 14.94 %
Stables : 5.84 %

📈 Market Cap :

Total : 2.47T
DeFi : 87.39B
24hr Vol : 81.36B

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💰 Bybit will integrate #Ethan Labs' USDe as a collateral asset and into bitcoin and ether spot trading pairs.

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🔎 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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Crypto News

🚀 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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