🍒 Weekend highlights:
🇳🇬 #BNB Nigeria's regulator declared Binance's local operations illegal
🇭🇰 Hong Kong invites crypto-companies to join
🇹🇷 Demand for #USDT in Turkey does not decrease
🙅♂️ #FIL Grayscale withdraws application for Filecoin trust product
🍿 TrueUSD has temporarily stopped issuing #TUSD through Prime Trust and has lost the tie-in. Also TUSD converted to #USDT on Curve
⚖️ #OOKI CFTC wins case against Ooki DAO
⚖️ #FTT Court allows FTX not to disclose the names of its clients
👀 #SUI will soon support liquidity steaking
💸 On Saturday >$390 million was liquidated
🥳 #MATIC Polygon is woozy and intriguing
🏴☠️ BSC Atlantis Loans ecosystem protocol hacked for nearly $1 million
😁 Scimitar Capital fund liquidates crypto-assets and returns LP capital
🗣 CZ says that Binance has not converted its assets into fiat
🕹 OECD unveils new cryptocurrency taxation rules
🦄 TaxBit laid off 40% of its workforce
💰 MEV Capital launches $130 million crypto-fund
📊 Nansen: Analysis of address activity by network for May
📉 #USDC turnover continues to fall
🔝 Leaders for the week
🔓 Upcoming unlocks next week:
🕵️♂️ Whale and Investor Activity:
- Cumberland posted 14 million #MATICs on the exchange, and Jump withdrew >22.5 million MATICs from Robinhood. Also Wintermute sent 2.3 million MATIC to Binance
- an early investor sold 7 million #SOL, and the whale transferred 570k SOL to the exchange
- 10.99 million #ICX went to Binance
- the whale transferred 450,000 #LINK to Binance
- Whale moved #SHIB for ~$31.7 million from Shiba Staking to Binance
- #BTC worth ~$56 million transferred to Coinbase
- Andrew Kang withdrew all #ARBs from Radiant and transferred them to Binance
- The largest #GMX holder purchased more tokens
- giant whale withdrew 182 million #USDT and 2,436 #ETH from Binance
📊 Charts:
- #BTC is withdrawn from exchanges, and stables are being turned on. Also the number of new #ETH addresses is growing
- there is a bullish divergence between the accumulation of #BTC whales and the falling price
- #BTC number of whales reached a monthly low
- hodlers #BTC not selling
- Miners send #BTC to exchanges - third largest influx ever
🏃♂️ Tomorrow's Events:
🔓 Unlocking: Blocto (#BLT) - 4.17%
- Gold Fever (#NGL) - 3%
- PLAY (#PLAY) - 2%
- Xend Finance (#XEND) - 6%
- Aptos (#APT) - 0.5% ($26.6m)
🔛 Ethernity (#ERN) - Farmer's Market launch
- Tectum (#TET) - Launch of BSC
🙋♂️ Vega Protocol (#VEGA) - Steaming fee reduction
- Binance (#BNB) - Swap of #TUSD contracts
- Offshift (#XFT) - Offshift v2 litepaper
⚠️ TO BNB Beacon Chain wallet (BEP2)
🔁 Smolting Inu (#SMOL) - Migration from OKLG/SMOL to HYPE
- Polkadex (#PDEX) - Token migration from v1.0 to v2.0
🖼 Illuvium (#ILV) - NFT Illuvium and GameStop sales start
🔄 Binance Smart Chain to undergo Luban hardfork
📝 End of vote: 1inch (#1INCH) - $2 million funding for hardware wallet
🇺🇸 Consumer Inflation Expectations - 18:00 UTC+3
- Federal Budget (May) - 21:00 UTC+