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Cryptonewsz

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NEAR Protocol’s Fast Finality Layer gets testnet launch

  • The NEAR Protocol has launched its Fast Finality Layer on testnet.
  • The Fast Finality Layer enhances transaction finality and network performance.
  • NEAR aims to achieve fast transaction confirmation times without sacrificing security or decentralization.
  • The launch signifies NEAR's commitment to innovation and excellence in blockchain technology.

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Cryptoslate

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Binance accused of firing whistleblower for internal market manipulation report

  • Binance, the world's largest crypto exchange, has been accused of firing the head of its market surveillance team for reporting potential market manipulation by a high-profile client.
  • The surveillance team detected suspicious trading activity by DWF Labs, one of Binance's top clients, including pump-and-dump schemes and wash trading.
  • When the team submitted a report recommending DWF's removal, Binance leadership rejected the findings and fired the team's head, leading to more investigators leaving.
  • Binance faces increasing regulatory scrutiny, including fines for violating anti-money laundering requirements and civil charges for misleading US investors.

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Cryptonewsz

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Ethereum seeks direction: Can ETH bulls reclaim $3,000?

  • Ethereum price drops below $3,050 and $3,000 resistance levels.
  • Immediate resistance observed at $3,030 and $3,080.
  • Potential for price to reach $3,150 and $3,220 resistance levels.
  • In case of further decline, support levels at $2,965 and $2,880.

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Cryptonewsz

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zkAuth launch: Merging Web2 and Web3 identity solutions

  • zkAuth, a collaboration between Three Sigma and Matter Labs, aims to merge Web2 and Web3 identity solutions.
  • The protocol introduces Account Abstraction (AA) to connect Web2 user identities with blockchain accounts.
  • zkAuth simplifies authentication for blockchain transactions by integrating OpenID Connect (OIDC) standards.
  • The protocol enhances user experience, business operations, and security while maintaining privacy and data control.

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Zycrypto

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Turning $100 Into $1 Million: ETFSwap (ETFS) Tops 4 Crypto Presales In May 2024

  • ETFSwap (ETFS) is considered one of the top crypto presales for potential large gains.
  • ETFSwap (ETFS) aims to become the premier platform for trading ETFs on-chain and offers benefits such as liquidity, lower costs, and quick settlement.
  • Algotech (ALGT) is conducting a presale for its algorithmic DeFi platform, while BlockDAG (BDG) addresses scalability with its unique blockchain infrastructure.
  • Rebel Satoshi (RECQ) is a meme coin entering the crypto presale market with plans to rival established names.

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Cryptopotato

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Bitcoin Whales Accumulate $941M BTC in 24 Hours as Prices Drop, What Does This Mean?

  • Bitcoin whales have accumulated $941 million worth of BTC in the past 24 hours.
  • This accumulation signifies whales' confidence in the Bitcoin market.
  • Inflows into the Bitcoin network appear to be picking up, indicating a new era for the leading cryptocurrency.
  • The move by Bitcoin whales suggests the onset of a post-halving re-accumulation phase.

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Cryptonewsz

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New meme sensation raised over $13 million – can it pump by x100?

  • Dogeverse ($DOGEVERSE) the first multi-chain coin across six Blockchains stands out to be the next biggest meme token after the Bitcoin halving event.
  • Dogeverse's multi-chain technology is innovative and makes it an attractive investment opportunity in the market.
  • The token can easily be relocated across six major blockchains, including Ethereum, BNB Chain, and Solana with just a tap of a button.
  • Dogeverse offers staking rewards, where early adopters have the opportunity to earn substantial annual percentage yield (APY).
  • Dogeverse's presale has been massively successful, with more than $13 million raised in a month, pre-sale token price is at $0.00031 each.
  • Dogeverse's presale strategy offers 15% of its 200 billion tokens, making investors interested in the project.
  • Payments in ETH, USDT, and credit/debit cards are accepted, making the project accessible to a broad range of investors.
  • Once the presale ends, Dogeverse will list its token on decentralized exchanges with 10% of the token supply allocated for liquidity pools.
  • Dogeverse uses the already successful dog-theme mascot, Cosmo, a versatile doge character who navigates between multiple chains, enhancing accessibility within the crypto market.
  • Dogeverse's community is growing rapidly, with a wide range of followers on social media platforms, hinting at even more acceleration.

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Cryptoslate

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Bitcoin’s 200-day moving average breaks $50,000 for the first time

  • Bitcoin's 200-day moving average (DMA) has exceeded $50,000 for the first time.
  • This milestone is significant as the 200DMA is a key indicator for bull and bear market cycles.
  • Previous cycles have shown that holding above the 200DMA is a bullish signal.
  • Bitcoin's ability to maintain prices above $50,443 could reinforce the uptrend.

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Cryptopotato

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Calm Before the Storm: XRP Primed for Massive Volatility if $0.5 Holds (Ripple Price Analysis)

  • Ripple's price has been consolidating, failing to continue its recovery.
  • On the USDT paired chart, the price rebounded from the $0.4 support zone and climbed above $0.5.
  • On the BTC paired chart, the market's downtrend has halted around the 800 SAT level.
  • If $0.5 holds, XRP might rally towards the 200-day moving average.

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Cryptonewsz

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Optimism streamlines L3 onboarding with gas tokens and plasma mode

  • Optimism introduces customized gas tokens and plasma mode for streamlined L3 onboarding.
  • Projects developing L3 services can use their existing L2 token for gas fees.
  • Customized gas tokens offer data accessibility opportunities via plasma mode.
  • Optimism aims to build a network of chains on Superchain for enhanced applications.

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Cryptopotato

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Is BTC About to Crash Toward $56K or Will the Bulls Step in Soon? (Bitcoin Price Analysis)

  • Bitcoin price is experiencing a consolidation phase around $60K.
  • Selling pressure is testing the $59K support level.
  • A decline below $59K could lead to a further drop towards $56K.
  • On-chain analysis suggests potential profit realization and increased selling pressure.

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Cryptopotato

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Meme Coin Watch: Pepe, Book of Meme, Dogeverse Bullish

  • Pepe (PEPE), Book of Meme (BOME), and Dogeverse (DOGEVERSE) are leading the charge in the meme coin market.
  • PEPE has experienced an 8% pump, showing bullish technicals and a surge in spot volumes.
  • Book of Meme (BOME) also rises with a 4% increase, surpassing the 100-day EMA on the 4-hour timeframe.
  • Dogeverse (DOGEVERSE) raises $13 million in presale funding and enters its final stage, attracting attention as a cross-chain meme coin project.

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Cryptopotato

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Consequence of the SEC Lawsuit: Ripple (XRP) Becomes Top-Trending Cryptocurrency

  • XRP has become a top-trending cryptocurrency following the SEC's criticism of its upcoming stablecoin.
  • The ongoing lawsuit between Ripple and the SEC has contributed to XRP's popularity in recent years.
  • Santiment's ranking of most-discussed cryptocurrencies placed XRP in the second spot.
  • XRP's volatility is often influenced by developments in the Ripple v SEC lawsuit.

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Cryptonewsz

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Money Expo Colombia welcomes Multibank Company as exhibitor for 2024 event

  • Multibank Company will be joining as a Diamond Sponsor at Money Expo Colombia 2024.
  • Multibank Group is a leading financial derivatives company with global presence.
  • Money Expo Colombia is a premier finance event in LATAM for networking and business opportunities.
  • The event will take place on May 15-16, 2024, in Bogota, Colombia.

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Cryptoslate

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Bitcoin and Ethereum ETFs in Hong Kong diverge

  • Bitcoin ETFs in Hong Kong experienced inflows, while Ethereum ETFs faced outflows.
  • Bitcoin ETFs in Hong Kong received a combined inflow of $6.3 million.
  • Ethereum ETFs in Hong Kong saw outflows, with a total net inflow of $5.7 million.
  • In the United States, Bitwise's BITB ETF registered an inflow of $11.5 million.

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