🚀#Bitcoin mining difficulty is on the rise again, folks! After a 5.9% drop to 83.14T on May 9th, it's now at 84.38T, a 1.44% increase. 📈

- This means it's getting a bit tougher to mine new blocks, but hey, that's just the game, right?
- Next adjustment is due on June 4th, and it's expected to be a biggie - a 10.9% increase!

BTC's price has been doing a bit of a dance, hitting $70k before dropping a couple grand. 🎢

- This, along with the recent halving event (which cut the block reward to 3.125 BTC), is making things interesting for miners.
- Higher price = more potential revenue, but increased difficulty and reduced rewards mean more investment needed to stay profitable.

Last adjustment saw a 6% drop in difficulty - biggest since Dec 2022's crypto winter. ❄️

- Lower BTC prices and higher costs led to less efficient mining gear being shut down, reducing the hash rate.
- But don't worry, it's bouncing back thanks to speculation around spot Ethereum ETFs and rising crypto prices.

What do you think? Is mining getting too tough, or is it just part of the BTC rollercoaster? 🎢 Let's chat in the comments! #CryptoNews #BTCMining

🚀AI meets crypto!🤖 AI-based crypto projects are soaring, echoing the early days of Bitcoin and DeFi. But with so many options, how do you pick the winners?🤔

🔍Here's a quick rundown of top AI-based crypto projects to watch:
1. Fetch.AI (FET) - AI-powered crypto apps and services.
2. Render Network (RNDR) - Decentralizing GPU cloud rendering.
3. The Graph (GRT) - Decentralized, open-source indexing protocol.
4. BitTensor (TAO) - Open-source infrastructure for AI.
5. Akash Network (AKT) - Cloud-computing marketplace.
6. AIOZ Network (AIOZ) - Web3 storage, AI computing, live streaming, and video on demand.
7. SingularityNET (AGIX) - Marketplace for AI products and services.
8. Ocean Protocol (OCEAN) - AI-powered smart contracts for data selling.

AI and blockchain are a match made in heaven, enhancing trading automation, security, and on-chain analysis. But like any relationship, it's not all roses. Concerns include centralization, the 'black box' problem of AI algorithms, and new security risks.🔐

What do you think about the fusion of AI and crypto? Let's chat in the comments!👇 #AI #Crypto #DeFi

📈💰 Market recovery got you worried about a retrace? Chill out, folks! Stablecoin wallets are filling up, hinting at a more stable market ahead.

• In 2024, non-empty #USDCoin wallets grew by +13.9%, and #Tether wallets by +15.7% 😎
• Tether leads with a whopping 5.7M non-empty wallets 🚀
• Circle's USDC follows with 2.15M wallets, showing strong demand 💪
• Decentralized stablecoin, DAI, also shines with 503,180 wallets, indicating a DeFi boom 🎉
• BUSD, despite Binance's ceased support, still has 128,210 wallets 🙌

Stablecoin market cap has bounced back to $161.4B this year, thanks to US spot Bitcoin ETFs and major traditional finance entities boosting their holdings.

Emerging economies like Thailand, Brazil, and Turkey are also making waves with their stablecoin purchases 🌍

What's your take on this? Are you holding onto your stablecoins? Let's chat below! 👇 #DeFi #Web3 #DAO #Layer2

🚀 Bitcoin ETFs are on a roll! 🎉 8-day streak of positive inflows, with a whopping $154M on May 22 alone.

- BlackRock’s iShares Bitcoin Trust (IBIT) saw a $91.95M inflow.
- Fidelity’s FBTC ETF had a $74.57M inflow.
- Ark Invest’s ARKB recorded a $3M inflow.

Meanwhile, Grayscale Bitcoin Trust (GBTC) experienced a $16.09M outflow. Other ETFs like Bitwise’s BITB, VanEck’s HODL, and Galaxy Digital’s BTCO showed no activity.

BTC's price surge is driving this renewed interest. After weeks of setbacks, it's clear Bitcoin is making waves in the traditional financial world. 🌊

K33 Research reveals 937 professional US firms have invested in the spot Bitcoin ETF market as of March 31. Big players include Millennium Management and Susquehanna International Group, with $2B and $1B investments respectively.

What do you think? Is Bitcoin ETF the next big thing? Let's chat in the comments! 💬 #Bitcoin #ETF #CryptoNews

🎉🔔 U.S. House of Representatives passes the FIT21 Act, a major step for #crypto regulation! This bill aims to clarify how digital assets should be classified, registered, and held.

👏 The bill received almost unanimous support from Republicans and 71 votes from Democrats, with a final tally of 279 to 136.

💼 FIT21 includes an interim oversight process for digital asset firms, allowing them to file a 'notice of intent to register' with federal regulators. It also clarifies which digital assets should be regulated by the SEC or the CFTC.

🤔 However, not everyone's on board. Some Democrats and SEC chairman Gary Gensler believe the bill favors wealthy crypto firms and hurts ordinary investors.

🇺🇸 Despite opposition, a significant number of Democrats supported the bill, urging their party to keep pace with rivals on crypto regulation.

What are your thoughts on the FIT21 Act? Let's chat below! 👇 #DeFi #Web3

🚀Uniswap Labs, the team behind the popular DeFi exchange, is ready to fight back against the SEC's Wells Notice, calling the legal basis "weak".💪

• Uniswap's native token UNI is on a roll, up 2% in the last 24 hours and a whopping 37% over the week.

• The SEC's assumption that all tokens are securities is flawed, argues Uniswap Labs' Chief Legal Officer, Marvin Ammori. He insists tokens are a value format, not securities by default.

• Uniswap is ready to battle any charges, with a legal team that's represented successful cases like Grayscale and Ripple.

• A case against Uniswap could drive US crypto investors to foreign trading protocols and stifle innovation, warns the Uniswap team.

• The SEC's case could become irrelevant if the Financial Innovation and Technology for the 21st Century Act is passed.

What do you think about Uniswap's stance? Will this impact the DeFi market? Let's chat in the comments!👇 #DeFi #Uniswap #SEC

🚀 Bitcoin's soaring past $71K, thanks to a whopping $1.2B inflow into ETFs. 📈

- Short-term investors are back in the green, reducing the risk of a sentiment shift.
- CryptoQuant predicts a consolidation phase between $60K-$70K, but the market's already buzzing with the possibility of a new rally.
- The approval speculation of spot Ether ETF is fueling the market, pushing the cap above $2.55T.

⚖️ Bitcoin's make-or-break zone? $70,180-$70,600. If it powers through, we're looking at a potential rally. If not, we might see a temporary cap.

What's your prediction? Let's talk Bitcoin! 💬 #BitcoinRally #CryptoNews

🚀 Trump's campaign is now crypto-friendly! 🎉 For the first time, a major party presidential nominee is accepting cryptocurrency donations. This move aligns with Trump's broader agenda of valuing freedom over government control.

💰 Supporters can donate using any cryptocurrency accepted through Coinbase Commerce, adhering to Federal Election Commission regulations.

🔥 In response to Senator Elizabeth Warren's "anti-crypto army", the Trump campaign is rallying its "crypto army" to march towards victory on November 5th.

🎖️ Trump, self-proclaimed "crypto's candidate", has been pushing digital currencies into the 2024 campaign spotlight.

📈 Following the announcement, the TRUMP token's price increased by 14%. Top on-chain TRUMP sellers have been raking in profits, with over 1,600% in unrealized gains.

🗣️ What do you think about this move? Will it revolutionize campaign financing? Let's discuss below! #CryptoCampaign #Trump2024

📈💡 #XRP's been playing the sideways game for a while now, folks! We've seen a tiny price hike, but it's still dancing within that $0.47-$0.55 range.

🔍 Key points:
- Bullish momentum nudged the price towards the upper boundary.
- But, a big resistance zone is putting up a fight.
- If buyers break through, we might see a sustained bullish trend. 🚀

On the flip side, we've got a bearish rejection looming. 🐻 A decline could send us spiraling towards the lower boundary.

In short, XRP's got a tough road ahead. Will we see a breakout or more consolidation? 🤔 Share your thoughts below! #DeFi #CryptoNews

Original article: CryptoPotato.

🍕🎉 Happy 14th Bitcoin Pizza Day, folks! On this day back in 2010, early Bitcoiner Laszlo Hanyecz made history by buying two Papa John’s pizzas for 10,000 BTC.

💸 Back then, 1 BTC was worth $0.0041, making the pizza cost $41. Today, Bitcoin's value is soaring above $70,000!

✨ This legendary pizza purchase isn't just about the dough - it showed Bitcoin's potential as a real-world currency.

🚀 As we celebrate, let's appreciate Bitcoin's growth, especially with the approval of spot Bitcoin ETFs in the US and the halving event.

👀 But remember, last year's Pizza Day was a bit cheesy with scammers exploiting meme coin hype. This year, thankfully, has been smoother.

🗣️ What's your take on Bitcoin's journey since the first Pizza Day? Share your thoughts below! #BitcoinPizzaDay #CryptoHistory

🚀Polkadot (DOT) is on the move! With a 7% daily price increase, DOT has surpassed the $7.50 mark and analysts predict it's only going up from here. 🎯

- Crypto analysts like Michael van de Poppe and Block Diversity see DOT's next targets in the $9-$25 range.
- The recent introduction of the JAM whitepaper and breaking through key resistance levels are fueling this optimism.

Crypto Thanos suggests the $6-$7.50 range was just for accumulating, with $10 as the next target. Dippy.eth agrees, saying DOT is ready to break out from the $6.90-$7.50 zone.

What do you think? Is DOT about to soar above $10? Share your thoughts below! 👇 #Polkadot #CryptoNews #DeFi

🚀 "It's happening!" says Bloomberg ETF analyst James Seyffart. Five potential ETH ETF issuers, including Fidelity, VanEck, Invesco Galaxy, Ark 21Shares, and Franklin, have submitted their amended 19b-4s to the SEC.

📝 These forms propose changes or new products, in this case, spot Ethereum ETPs. But don't get too excited yet! Approval from the SEC could take weeks or even months, and the major amendments involved removing anything related to Ethereum staking from the ETF filings.

💰 Seyffart gives approval odds at 75%, up from 25% earlier this week. Meanwhile, Ethereum prices topped $3,800 on May 21, a whopping 31% increase over the past week.

👇 What do you think? Will we see these ETFs launch soon? Share your thoughts below! #ETH #ETF #SEC #CryptoNews

🚀 Ethereum's demand on Binance is skyrocketing, thanks to the buzz around a potential spot Ether ETF approval. The Net Taker Volume (the difference between buying and selling volume) hit an all-time high, indicating traders are keen to accumulate, even at higher prices. 💹

🔍 ETF Specialist James Seyffart has fueled this optimism, stating a 75% chance of the ETF getting the green light. This has led to a surge in long Ethereum positions on Binance, with the Taker Buy Volume exceeding the Taker Sell Volume by a massive $530 million in a single candle. 📈

🔮 Bloomberg's senior analyst Eric Balchunas has also upped his prediction for the ETF's approval from 25% to 75%, citing increased political pressure on the SEC.

What's your take on this? Are you bullish on Ethereum too? Share your thoughts below! 👇 #Ethereum #Binance #ETF

🚀 Heads up, crypto enthusiasts! Galaxy Research's Alex Thorn speculates a possible SEC loophole for spot Ethereum ETFs. He suggests a distinction between 'ETH' and 'staked ETH' could be the key. 🗝️

🔹 Thorn believes the SEC could classify 'staked ETH' as a security, paving the way for spot Ethereum ETFs approval.
🔹 This move could align with the SEC's ongoing legal battles and investigations, maintaining consistency with previous positions.
🔹 However, there might be restrictions - ETFs could be prohibited from staking the ETH they hold.

Bloomberg Intelligence ETF analysts have upped their prediction for a spot Ether ETF approval from 25% to 75%. 📈

🔹 The SEC's increased pace could be influenced by political pressure.
🔹 The decision on the VanEck spot Ether ETF is anticipated on May 23.

Ethereum's value has surged by over 20% following this news. 🎉

What are your thoughts on this? Let's discuss in the comments! #ETH #ETF #SEC #CryptoNews

🚀 Bitwise CEO, Hunter Horsley, spills the beans! Big financial players are secretly investing in BTC, but they're playing it cool for now. 🕵️‍♂️

- A certain nation's sovereign wealth fund is already mining Bitcoin.
- A "large tech company" has invested a significant chunk of its balance sheet into the Bitwise Bitcoin ETF, which holds $2.3 billion in assets.

Horsley predicts that by next year, a tech giant like Meta might put Bitcoin on its balance sheet, thanks to ETFs making it easier to hold. The next Bitcoin bull market catalyst? When the public realizes how many smart organizations and lawmakers are onboard with Bitcoin. 🚂

What do you think? Who are these secret Bitcoin investors? Let's speculate in the comments! #Bitcoin #CryptoNews

🚀COTI's V2 devnet is live, folks! This privacy-focused Ethereum-based layer-2 network is all set to revolutionize the Web3 world.🌐

• Expect a fresh layer of confidentiality and advanced garbled protocols in the blockchain.
• Explore Web3 use cases like confidential DeFi, on-chain sensitive data management, and more.
• Dev teams get a Python SDK, a NodeJS SDK, server access, and other cool tools.

💡Got a knack for smart contracts? COTI V2 is the playground for you!

And here's the cherry on top: COTI's got a $52M grant program to incentivize builders. The ABC Growth Fund is looking for ambassadors, builders, and creators to push the limits of the COTI ecosystem.

So, what are you waiting for? Dive in, experiment, and share your creations with the world. Let's discuss what you're building in the comments below! #COTIV2 #Web3 #DeFi #DAO #Layer2

🚨#GalaGames, a Web3 gaming project, recently faced a $200M exploit by an unknown attacker. But don't panic, folks! It was an isolated incident and the team has got it under control. 🛡️

🔹The attacker minted 5B GALA, but the affected wallet is now frozen.
🔹600M tokens were sold unauthorized, but the exploited address has been blocked.
🔹The price of GALA did drop 20%, but it's since stabilized.

CEO Eric Schiermeyer admitted they dropped the ball on internal controls, but they're taking steps to make sure it won't happen again. They're also working with the FBI, DOJ, and international authorities to get to the bottom of this. 🕵️‍♂️

What do you think about this incident? How can we improve security in the DeFi space? Share your thoughts below! 👇 #CryptoNews #DeFiSecurity

🚀 ETH prices are soaring, hitting a high of $3,700! 🎉 This 20% leap, the biggest in a year, is fueled by hopes that the US SEC will greenlight VanEck's spot ETH ETF on May 23.

The crypto market is riding the wave too, with total cap up 8.6% to $2.74 trillion. Bitcoin's also closing in on its all-time high, reaching $71,600.

Analysts are optimistic, with Bloomberg's ETF experts upping approval odds from 25% to 75%.

BlackRock, Fidelity, and Grayscale are among the 10 issuers vying for America’s first spot Ethereum ETF.

Meanwhile, Prometheum's launched an Ethereum custody service, treating ETH as a security.

What's your take? Will the ETFs get the nod, and can ETH top $4,000 this week? Let's chat below! #ETH #ETFs #CryptoMarket

🔥Hot off the press! Digital asset investment is on the rise, with a whopping $932M surge this week. Trading volume may be down from March, but the market's still buzzing! 🐝

- BTC prices are back in sync with interest rates, thanks to the unexpected CPI report.
- Bitcoiners aren't betting on a price drop, with short BTC investment products seeing a tiny $0.6M inflow. Bullish vibes only! 🚀
- Altcoins like Solana, Chainlink, and Cardano are also getting some love, with inflows of $4.9M, $3.7M, and $1.9M respectively.
- Ethereum and blockchain equities are facing some headwinds, but that's just part of the game.

The US is leading the charge with $1.002B in inflows last week, while Switzerland and Germany also saw modest gains.

What are your thoughts on the market's optimism? Share in the comments! 💬 #CryptoNews #DigitalAssets

🚀Good news, crypto fans! Genesis Global, the bankrupt crypto lender, is set to return a whopping $3B in cash and crypto to its creditors, thanks to a green light from U.S. Bankruptcy Judge Sean Lane.👏

- Despite objections from parent company Digital Currency Group (DCG), Judge Lane ruled that repayments won't be capped at Jan 2023 crypto prices.
- DCG, as a junior stakeholder, finds itself at the bottom of the repayment pile.
- Genesis is committed to reimbursing customers in crypto where possible, even though digital assets fall short of the total owed.

Genesis filed for bankruptcy in Jan 2023, owing over $3.5B to its top 50 creditors. After liquidation of $1.6B in assets, DCG agreed to repay $324.5M in loans by April 2024.

The plan estimates that creditors could recover up to 77%, a higher rate than if DCG had won in court. This proposal gained broad support from creditors, including Gemini Earn customers.

What are your thoughts on this? Share in the comments!👇 #CryptoNews #GenesisGlobal