#DailyNews

💰Deutsche Bank analysts believe Tether's solvency status is "questionable", and the USDT stablecoin may face difficulties.

💰The CEO of The Block has claimed that by 2030, bitcoin will be worth at least $1,000,000.

⚠️On 9th May, there was a net outflow of $11.3 million from spot bitcoin ETFs.

💰Pantera Capital made its largest-ever investment in TON. Previously, they raised $250 million to purchase SOL, so the total investment in TON may exceed $250 million.

🔔Ethena has unveiled its roadmap for 2024, aiming to integrate DeFi, CeFi, and TradFi with USDe.

🔴VanEck has added the cryptocurrency FLOKI to its MarketVector Memecoin index.

🔥 Gainers:
Immutable (#IMX): 2.19 USDT (+14.3%)
The Graph (#GRT): 0.2963 USDT (+10.97%)
Toncoin (#TON): 6.66 USDT (+10.77%)

💩 Losers:
PLC Ultima Classic (#PLCUC): 25 USDT (-51.64%)
PLC Ultima (#PLCU): 81 USDT (-49.37%)
Lido DAO (#LDO): 1.80 USDT (-5.83%)

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#DailyNews

➡️According to K33 Research, in the first quarter of 2024, 937 professional market participants invested in spot bitcoin ETFs.

🔝Traders expect BTC to return to its highs in the coming weeks amid increased demand from institutional investors.

🔴On 15th May, the net inflow into spot bitcoin ETFs was +$303 million.

💰CryptoQuant anticipates increased BTC volatility due to an influx of stablecoins into the market.

💰According to Santiment, whales have started actively accumulating XRP since late April.

💰Andrii Hrachov, the founder of DWF Labs, stated that hundreds of projects will soon be launched on the TON blockchain.

🔥 Gainers:
MANEKI (#MANEKI): 0.00724401 USDT (+21.93%)
Immutable (#IMX): 2.39 USDT (+17.58%)
Sui (#SUI): 1.04 USDT (+8.49%)

💩 Losers:
Render (#RNDR): 9.99 USDT (-8.98%)
Pepe (#PEPE): 0.00000993 USDT (-8.98%)
Enjin Coin (#ENJ): 0.2709 USDT (-8.49%)

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⭐️On 23rd May, the net inflow into spot bitcoin ETFs was $107.9 million.

💰The SEC has approved the applications for all spot ETH-ETFs.

🎤The CEO of ConsenSys stated that the approval of spot ETH-ETFs signals that the SEC considers ETH a commodity rather than a security.

➡️According to Bloomberg Intelligence, spot ETH-ETFs will comprise 10-15% of BTC-ETF assets. Institutional interest in ETH is much lower than in bitcoin.

💰The Total Value Locked (TVL) in the Toncoin network is growing faster in 2024 than in other networks – up 1500% since the beginning of the year.

💰The number of active addresses on Arbitrum has reached a record high of 1.1 million.

🔥 Gainers:
Lido DAO (#LDO): 2.47 USDT (+16.01%)
Maneki (#MANEKI): 0.012136 USDT (+11.08%)
Chainlink (#LINK): 17.33 USDT (+9.44%)

💩 Losers:
The Sandbox (#SAND): 0.4492 USDT (-11.83%)
Immutable (#IMX): 2.33 USDT (-8.96%)
Optimism (#OP): 2.55 USDT (-7.49%)

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