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πŸ“Š The trading volume on spot exchanges in April 2022 reached $933 billion

This is +6.3% better than March ($878 billion)

CryptoRank infographic
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Buffett won't buy all the bitcoins, not even for $25. And his partner needs the help of a psychologist

Berkshire Hathaway CEO Warren Buffett and his friend Charlie Munger once again decided to tell the world why bitcoin is evil.

Buffett claims that he is ready to pay $25 billion for 1% of shares of all farmland in the USA or the same amount for 1% of shares of all apartment buildings in the country. But in the case of BTC, he's not even willing to buy them all back for $25.

That statement may seem a bit off-putting to some, but Buffett has good reason to be wary of cryptocurrencies - after all, BTC doesn't produce anything.

Charlie Munger, for his part, doesn't invest in bitcoin as he worries about appearing foolish in front of his friends and acquaintances if the price falls personally.

He stressed that he's always avoiding investments that could make him seem unfavorable.

And while Buffett is somehow understandable, the senile Mungerneeds to see a psychiatrist urgently πŸ¦†
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Dogecoin was proposed to combat spam on Twitter

Billionaire Mark Cuban suggested using DOGE to fight spam on Twitter. He wrote:

"We add an optimistic roll up to Doge Everyone puts up 1 doge for unlimited posts. If anyone contests a post and humans confirm it's spam, they get the spammer's Doge.

Spammer has to post 100x more Doge. If it's not spam, the contestor loses their Doge. DogeDAO FTW."


The new owner of Twitter, Elon Musk, called the initiative "not a bad idea", hence, Quban's plan can be put into practice.

Before buying Twitter, Musk promised to "destroy the bots or die trying to do so," so the spam problem should be solved one way or another.
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The difference between HODL and trading

Sooner or later everyone starts to grasp itπŸ˜…
Saddle Finance was hacked for $10 million in Ethereum

DeFi-protocol was subjected to an exploit - the hacker's production amounted to more than $10 million in Ethereum. The project team said it is investigating the incident. Withdrawals from the pools have been suspended. BlockSec, a cybersecurity company, was the first to discover the hack.

Expect news of these funds being redirected to ETH mixers for further laundering.
Absolutely all 55,000 plots of NFT land in Otherside went on sale in three hours

The demand for virtual plots in BAYC's metaverse was so huge that it caused a gas up to 8,000 GWEI! Such an effect was due to the fact that users tried to add their transaction to the blockchain before anyone else, increasing the commission in the process.

The most desperate paid $4,000-$10,000 per transaction. In total, users paid $172 million in commissions.
Vitalik Buterin criticized sanctions against Russians

The reason for publicly expressing his attitude to the sanctions imposed on Russian citizens amid the escalating conflict between Russia and Ukraine was the publication of news about the halt in the issuance of visas to Russians in the Netherlands.

"Be careful with this [decision to stop issuing visas]. 22 years ago, my family and I were the same Russians who received a visa from a Western country. This gave my father the opportunity to start a good business, and I got the opportunity to grow up without the influence of the ideology of β€˜zombies," Vitalik Buterin noted.

One online commenter pointed out that many Russians staying in Europe are too active in expressing their support for the rhetoric of the Russian authorities.

Vitalik Buterin advised responding to such people by trying to show their children an alternative point of view of what is happening.
Elon Musk is pumping not only Dogecoin - APE is next in line.

The billionaire updated his Twitter avatar, changing it to an image with the NFT Bored Ape Yacht Club series.

The APE token soared 20%, but as to the writing, it has almost lost all of its profits.
πŸ› Gucci to begin accepting cryptocurrencies in select U.S. stores at the end of May

The brand will handle more than 10 cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Wrapped Bitcoin, Litecoin, Shiba Inu, Dogecoin and five Stablecoins

Cryptopayments to be made with a QR code link sent to the customer via email
🍟 In the city of Long Beach, California, you can try these burgers and fries

Terms - you have to be bored, you have to be hungry, and you have to be an NFT fan from BAYC πŸ˜‹
🏦 7 out of 10 central banks consider it likely or possible to issue retail CBDCs in the short or medium term

Data from the Bank for International Settlements (BIS)
The developers of Shiba Inu have launched a metaverse. You can buy land with SHIB

SHIB token holders can now buy virtual land in the SHIB: The Metaverse.

You can buy land for ~$560, $840, $1400 and $2800 in cryptocurrency.

The creators of SHIB: The Metaverse assure that they are developing an "immersive experience" allowing you to explore, interact with, and earn from the Shiba Inu universe.

What features the new world offers remains unclear. Also, the developers have not explained exactly how they plan to develop the project.
⚑️The market is not cheerful...

The fall continues, for a day the first cryptocurrency lost almost 8% of its value. Momentarily, the price fell below $36 thousand.

The capitalization of the whole market fell by almost $120 billion.
πŸ’₯Trading volumes in the NFT market are down more than 90%

This week, sales fell to an average of 19,000 per day, down 92% from a peak of 225,000. The number of active wallets fell 88% to 14,000 from a high of 119,000 in November.

Is this a sunset or the calm before a new storm? 🧐
The game from Binance, where you had to press the reset button last to get 1 BTC, ended

Each participant had one try, in total 1.14 million people took part in the game. Great performance from the leading cryptocurrency exchange.
New info on Telegram premium subscriptions!

What's coming:

- There will be a special badge next to the nickname.
- More animated stickers with full screen animation.
- Additional reactions.

More:

Increased limits - you can save more gifs, more favorite stickers can be made, more chats can be pinned, and stuff like that.

One of the most useful innovations ability to pin chats - now they can be pinned only 5, but it will be possible to do - 10, for this respect.
πŸ’Έ While the media are all over the place with headlines about "another crypto market crash," we can recall that such history repeats itself all the time:

- 2014: "Bitcoin falls below $400."
- 2018: "Bitcoin falls below $4000."
- 2022: "Bitcoin falls below $40,000"
- 2026: "Bitcoin Drops Below $Come Your Own"
πŸ“Š4 phases the market can experience

Phases are cyclical, so a proper understanding of the current state of the market can help you properly determine your tactics and strategy
⏳The Ethereum mining speed rose to a 5-year high

The interval between the creation of new blocks has decreased to 10.917 seconds. The previous 5-year high of block formation speed was recorded on January 30, 2022 (10.954 seconds)

Glassnode data