CZ: “Gas prices fluctuate and go up, transactions get stuck, fees go up, people complain. Bull market issues… Look on the bright side though, still faster and cheaper than fiat”.

https://twitter.com/cz_binance/status/1655441114877362176

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The Bitcoin network has not produced a block at block height 788759 for nearly an hour today. However, this block generation time is not particularly abnormal in history. On June 11, 2021, the block generation time at a height of 687143 reached 119 minutes. In April 2021, there was a block time as high as 122 minutes.

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Crypto exchange Bittrex Inc. filed for bankruptcy protection on Monday, less than a month after the SEC charged it with operating an unregistered exchange. Bittrex was once one of the largest exchanges in the US.

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Coinbase has added Sui (SUI) to the roadmap.

The SUI price has not reacted and continues to fall along with the markets.

https://twitter.com/coinbaseassets/status/1655669884980699164

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Interest Rates on Deposits, by Bank:

1. Wells Fargo: 0.15%
2. Citibank: 0.05%
3. Chase: 0.01%
4. Bank of America: 0.01%
5. US Bank: 0.01%

Rates on Alternatives to Bank Deposits:

1. CDs: 5.0%
2. Money Market: 4.5%
3. Treasury Bonds: 3.0%

This is the real reason why a record $1 trillion has left banks over the last year.

The era of "free" money for large US banks is coming to an end.

They must raise interest paid on deposits or capital will continue to leave.

Telegram | Twitter

ETH locked* hit an all-time recently at 19,375,242 ETH

When you zoom out, the withdrawals seem like a dip for ants

*All ETH that is "out of circulation":
• ETH staked on Beacon chain
• ETH deposited to the beacon contract but not validating yet
• Rewards on the Beacon chain

https://twitter.com/i/status/1655846663305695233

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Do you think Ordinals should be cancelled?

@bitcoins

Binance will remove and cease trading on the following spot trading pairs:

At 2023-05-11 03:00 (UTC): AR/BNB, BURGER/BNB, JASMY/BNB, JASMY/ETH, OMG/BTC

At 2023-05-11 06:00 (UTC): PROS/ETH, UNFI/ETH, VIB/ETH, VITE/BUSD, WAVES/BNB, WRX/BNB

https://www.binance.com/en/support/announcement/notice-of-removal-of-trading-pairs-2023-05-11-7734f3d4ddd14d65a7cc1563115fe30b

Digital asset investment products saw outflows totaling $54m last week, representing the 3rd consecutive week of negative sentiment for the asset class.

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Don't!!

Binance battles FUD as CPI and Bitcoin collide: 5 key takeaways for traders:

1 Binance comes to the spotlight once again
2 BTC hits 2-week lows
3 CPI data set to affect the crypto market
4 NVT highlights saturated network
5 BTC miners suffer crypto winter troubles

https://www.cryptopolitan.com/binance-battles-fud-as-cpi-and-btc-collide/

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Uniswap Labs has added an NFT viewing and creation functionality to the Uniswap wallet.

https://twitter.com/uniswap/status/1655659806248652800

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PayPal discloses nearly $1b of crypto assets on balance sheet.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001633917/000163391723000072/pypl-20230331.htm

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Who do you think has created commendable impact on the crypto markets?

🔥 Brian Armstrong
❤ CZ

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This legendary tweet went out exactly an year ago.

Still vibing?!

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PayPal discloses it held $499m BTC for customers on March 31. That's up from $291m on Dec 31.

Matches BTC's percentage gain in that period. They're buying and holding.

Will be interesting to see any info from Fidelity later this year.

Filing, page 16:

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001633917/000163391723000072/pypl-20230331.htm

Bloomberg: Jane Street Group and Jump Crypto — two of the world’s top market-making firms — are pulling back from trading digital assets in the US as regulators crack down on the industry.

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Binance Will Move AMB, ARK, BTS, DREP, FTT, GFT, JASMY, LOOM, MLN, OAX, OMG, PERL, PNT, SNM, SRM, VGX, WRX, and YFII into the Innovation Zone on 2023-05-10.

The Innovation Zone was introduced to give Binance users a place to trade innovative projects with higher volatility and risk compared to other listed tokens. When we identify such projects during our periodic review, we will move them into the Innovation Zone. Projects placed in the Innovation Zone will be closely monitored on their developments.

https://www.binance.com/en/support/announcement/binance-will-move-amb-ark-bts-drep-ftt-gft-jasmy-loom-mln-oax-omg-perl-pnt-snm-srm-vgx-wrx-and-yfii-into-the-innovation-zone-on-2023-05-10-2f420fa36bcd4fe89dc6855b857b7ea9

Warren Buffett’s stock portfolio is now worth $347 billion.

86% of it is invested in these 8 companies:

Apple
Bank of America
Chevron
Coca-Cola
American Express
Occidental Petroleum
Kraft Heinz
Moody's

Buffett is now sitting on a $130 billion cash pile.

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U.S. CPI in 30 min

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