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ProNews Crypto

‼️ Crypto News Channel # Exclusive 1st class News !!! News Update before World News !!

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01
🚨🚨🚨 MtGox Prepares to Release 142,000 BTC and 143,000 BCH by October 31st Data on Reddit reveals that the interface now reads “payment in preparation” with a timestamp dated May 13.  It signals that MtGox is getting ready to finally release its massive holdings, which include 142,000 bitcoins (BTC), 143,000 bitcoin cash (BCH), and 69 billion yen. This massive disbursement is expected to reach creditors no later than October 31st. For a very long time, MtGox has been a mix of hope and despair for many investors. Founded in 2010, it quickly became the largest crypto exchange globally. It practically made history. 
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BREAKING: 🚨🚨 Short sellers of $GME and $AMC are down $3.5 billion today. This puts 2-day short seller losses at $5 billion. @ProNews_Finance
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🚨 JUST IN : State Of Wisconsin Investment Board Has Purchased $99 Million Worth Of Shares In The Ishares Bitcoin ETF, According To A Recent Filing‼️
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🚨🚨🚨The Coinbase website is currently down!‼️
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🚨 Tether CEO riled up by suggestion USDT is a target of US government Tether CEO Paolo Ardoino posted a lengthy diatribe to X on Monday in an apparent effort to rail against any notions that his company's stablecoin is insecure in any way. "An uniformed CEO, leading a company being investigated by the SEC, launching a competitive stablecoin ... is being reported spreading fear about USDT," Ardoino said in his post.
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BREAKING: 🚨🚨 Short sellers have now lost $1.8 BILLION on $GME and $AMC short positions over the last 2 weeks. Short seller losses on today’s move alone were $1.2 billion.
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🚨🚨🚨🇺🇸 US spot bitcoin ETFs return to net inflows following four weeks of outflows Spot bitcoin exchange-traded funds in the United States returned to net inflows of $116.8 million last week after enduring four consecutive weeks of outflows totaling more than $1 billion. Grayscale’s converted Bitcoin  Trust was the only spot bitcoin ETF to register net outflows last week, with $171.1 million leaving the higher-fee fund. That came despite GBTC breaking its 78-day outflow streak with $63 million worth of net inflows on May 3 and a further $3.9 million last Monday.
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BREAKING: 🚨 Thousands of users are reporting that E-Trade is down just as Gamestop, $GME, rises over 100%. Many users have been unable to log into their accounts since the stock market opened.
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El Salvador released a new website that tracks their Bitcoin holdings. They're currently holding 5,748.76 BTC ($351,622,658) and have bought +7 Bitcoin in the last week, which aligns with their goal to dollar-cost average 1 Bitcoin a day.
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🚨🚨🚨Ancient Bitcoin Whales Suddenly Awake After 10.7 Years With 49,274.2% Profit Calm Sunday morning was disrupted, when two dormant Bitcoin (BTC) wallets, untouched for over a decade, have sprung to life, shaking the cryptocurrency market with their monumental activity. According to Lookonchain's latest findings, these wallets, inactive for precisely 10.7 years, have swiftly transferred their entire holdings of 1,000 BTC, currently valued at a staggering $60.9 million, within a mere 20-minute window.
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🚨🚨🚨 Grayscale Bitcoin ETF Continues To See Negative Outflows Of Over $100 Million According to data from SoSoValue, on May 10, total net outflows from spot Bitcoin ETFs amounted to $84.6581 million. This marks the second consecutive day of outflows for Bitcoin ETFs, with Grayscale Bitcoin ETF reporting an additional $103 million in outflows on Friday. In contrast, BlackRock’s iShares Bitcoin Trust (IBIT) experienced an inflow of $12.4363 million, and Fidelity’s FBTC saw $5.3039 million flowing in.
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🇺🇸 SEC Rebuts 🏦 Coinbase's Attempt to Get Appeals Court to Answer Key Crypto Question U.S. regulators said an appeals court shouldn't heed Coinbase's request to review how – or if – conventional securities rules apply to cryptocurrencies. Coinbase, the largest U.S. crypto exchange, filed for permission to ask the Second Circuit Court of Appeals if the Howey Test, a longstanding Supreme Court assessment for securities, should apply to digital assets. Coinbase hopes it doesn't. Coinbase hasn't successfully argued this is needed, the U.S. Securities and Exchange Commission said Friday.
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‼️ JP Morgan, Wells Fargo latest major banks to disclose Bitcoin exposure via ETFs JP Morgan and Wells Fargo are the latest major global banks to disclose exposure to Bitcoin via some of the spot BTC exchange-traded funds launched in January. The two lenders filed their 13F disclosures on May 10, revealing a modest investment in the Bitcoin ETFs. JP Morgan disclosed $731,246 of spot Bitcoin ETF investments in BlackRock’s IBIT,  Bitwise’s BITB,  Fidelity’s FBTC, and Grayscale’s GBTC. The majority of the amount — $477,425 — was invested in IBIT. Meanwhile, Wells Fargo reported a $141,817 investment in Grayscale’s GBTC during the first quarter.
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🚨🚨🚨🚨 Binance Fired Investigator Who Uncovered Market Manipulation at Client DWF Labs: WSJ A Binance team found that "VIP" clients – those trading more than $100 million per month – were engaging in pump-and-dump schemes and wash trading, the Wall Street Journal said. Binance fired a member of staff who uncovered evidence of market manipulation at crypto investment firm DWF Labs, one of cryptocurrency exchange's clients, the Wall Street Journal reported on Thursday, citing interviews with Binance employees past and present, documents, emails and other industry participants.
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🚀🚀🚀Donald Trump says he’s for crypto, but if you asked Biden what it is, he wouldn’t even know what it is.
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• Over the next two months, some $97 million of aptos (APT), $79 million of starkware (STRK), $94 million of arbitrum (ARB), $53 million of Immutable X's (IMX), $330 million of Avalanche's (AVAX), $64 million of optimism (OP), $28 million of PRIME, nearly $1 billion of sui (SUI), $48 million of ethena (ENA), $171 million of Altlayer's ALT and $135 million of XAI tokens will be added to circulation, according to data compiled in the report.
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🚨🚨🚨🚨Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom‼️‼️ • Cryptocurrencies are still stuck in a corrective phase, but a wave of supply events worth billions of dollars could further delay any meaningful recovery. "A rapid succession of nearly $2 billion of token unlocks during the next ten weeks could lower the market for altcoins," crypto analytics firm 10x Research noted in a Wednesday report. • Large token unlocks in crypto are usually bearish events, increasing supply by distributing assets that were previously locked up in vesting contracts to team members, organizations and early investors including venture capital firms.
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🚨🚨🚨 Quantitative Trading Giant Boosted its Portfolio with $1 Billion Bitcoin ETF Investment Susquehanna International Group, a quantitative trading firm, revealed its investments in Bitcoin exchange-traded funds (ETFs) during the first quarter of 2024. According to a 13F-HR filing submitted on May 7, the firm disclosed its ownership of more than $1 billion in exchange-traded funds (ETFs). The filing, submitted to the Securities and Exchange Commission, disclosed Susquehanna’s ownership of 17,271,326 shares in the Grayscale Bitcoin Trust (GBTC), with a market value of approximately $1.09 billion as of March 31, 2024.
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💰 FTX customers are getting back all the money they lost in the crypto exchange's collapse. ‼️‼️‼️  | link ‼️‼️‼️
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🚨🚨🚨 Fidelity leads with inflows as Bitcoin ETFs capture $217M in one day According to Farside data, the Bitcoin ETFs (Exchange-Traded Funds) in the US witnessed another net inflow day on May 6, reaching $217.0 million. This massive influx comes just days after another significant inflow was recorded on May 3. Grayscale’s GBTC saw an inflow of $3.9 million, marking back-to-back inflows for the fund. Despite these positive developments, GBTC has still recorded total outflows of $17.4 billion. Fidelity (FBTC) emerged as the leader, attracting the largest inflow of $99.2 million on May 6.
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🇺🇸 SEC delays making a decision on the proposed Invesco Galaxy spot 📊 Ethereum ETF The U.S. Securities and Exchange Commission is delaying making a decision on next steps for the Invesco Galaxy Ethereum exchange-traded fund. "The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein," the agency said.
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🚨🚨🚨 MicroStrategy now owns more 📊 Bitcoin than any country in the world
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🇺🇸 SEC issues Robinhood Crypto with Wells Notice, citing alleged securities violations Robinhood Crypto, the crypto unit of the brokerage firm Robinhood Markets, received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) on May 4. The exchange said the SEC staff has made a preliminary determination to recommend an enforcement action against the crypto unit, alleging securities violations, according to a Form 8-K filed today.
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🚨🚨🚨 Coinbase faces new lawsuit over alleged investor deception Coinbase crypto exchange and its CEO, Brian Armstrong, face a new class-action lawsuit alleging investors were deceived into buying securities and claims the company’s business model is illegal. The lawsuit filed in the United States District Court for the Northern District of California San Francisco Division, representing plaintiffs Gerardo Aceves, Thomas Fan, Edwin Martinez, Tiffany Smoot, Edouard Cordi and Brett Maggard from California and Florida, alleges that Coinbase’s digital asset sales knowingly violated state securities laws since the company’s inception.
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🚨🚨🚨Crypto Nightmare: Trader Loses $68M Wrapped Bitcoin (WBTC) In Single Click The trader lost nearly $68.27 million worth of Wrapped Bitcoin after inadvertently copying the wrong address from a tainted transfer history. According to a post on X by Scam Sniffer, a crypto detective, the victim transferred 1,155.28 WBTC to a wrong address. The unfortunate incident unfolded just hours ago, sending shockwaves through the crypto community. Moreover, within a few hours of the transaction, the Wrapped Bitcoin price soared past $61,000. This surge pushed the value of the transferred Wrapped Bitcoin to more than $70 million, suggesting further losses for victim. In addition, over 97% of the crypto trader’s holdings were wiped off.
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🚨🚨🚨 Cryptocurrency investor loses $70 million in six hours: Address poisoning attack A cryptocurrency investor has fallen victim to an address poisoning attack, resulting in a staggering loss of $70 million worth of Wrapped Bitcoin (WBTC). The incident, which unfolded over the course of around six hours, has sent shockwaves through the cryptocurrency community. According to a post by Lookonchain on the X, the unfortunate investor created a new address, “0xd9..,” and transferred a small amount of Ethereum (ETH), approximately 0.05 ETH, to this newly generated destination.
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🚨🚨🚨Bitcoin Whales Bagged $2.8B Worth of BTC in a Day: CryptoQuant Bitcoin’s recent market correction that dragged the world’s largest cryptocurrency near the low of $56,500 turned out to be a good opportunity for high-profile investors. Data shared by CryptoQuant CEO Ki Young Ju revealed that whales have accumulated a whopping 47,000 BTC – worth more than $2.8 billion in current price – over the past 24 hours alone. This shopping spree signals the beginning of “a new era” for the primary cryptocurrency, according to the exec.
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🚨🚨🚨 Grayscale's GBTC spot bitcoin ETF sees $63 million of inflows, ending 78-day outflow streak Grayscale’s GBTC spot bitcoin exchange-traded fund witnessed its first-ever (since it was converted) daily net inflows on Friday, ending a 78-day run of consecutive outflows. GBTC’s cumulative outflows since the U.S. spot bitcoin ETFs began trading on Jan. 11 totaled more than $17.5 billion by May 2, but the higher-fee fund suddenly generated $63 million worth of inflows on Friday, according to data from Farside Investors and CoinGlass.
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US Government Could Target Bitcoin, Warns 'Wolf of All Streets' Amid Crypto Attacks Scott Melker, also known as the “Wolf of All Streets,” has cautioned that the same attacks on cryptocurrencies by the U.S. government “would eventually come for bitcoin, regardless of it being a commodity.” His warning followed recent regulatory actions by various government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and the Securities and Exchange Commission (SEC).
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💎  There’s 100 Million USDt on Telegram’s TON Network USDt-TON has reached $100 million in issued and circulating USDt in just two weeks, making it the fastest-growing USDt launch in Tether's history! If you didn’t know you can now send USDt to your contacts on Telegram for free, with transfers happening instantly. 💱
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💰 Terraform Labs' lawyers push back against 🇺🇸 SEC, argue token sales were mostly outside US Lawyers for Terraform Labs pushed back against the Securities and Exchange Commission after the agency requested them to pay billions of dollars in fines. Terraform's offer and sales of tokens happened "almost entirely outside the U.S." the firm's lawyers argued in a brief filed on Wednesday. Meanwhile, the SEC has argued that the firm "targeted U.S. investors" and says they should pay $5.3 billion in fines, most of that being in disgorgement.
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🚨🚨🚨Wasabi Wallet is shutting down its CoinJoin privacy feature Bitcoin wallet Wasabi will be shutting down its privacy feature CoinJoin from June 1st. This comes after the Samourai Bitcoin Wallet founders were arrested by the DOJ for its similar Whirlpool CoinJoin. This caused a chain reaction with companies like Trezor Hardware Wallet also not being able to offer the feature to customers. Is privacy in Bitcoin dying?
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🚨🚨🚨 Spot bitcoin ETFs record largest daily net outflows ever Spot bitcoin exchange-traded funds in the U.S. recorded $563.7 million in total net outflows on Wednesday — the largest total net daily outflows since their debut — according to data from SosoValue. Fidelity’s FBTC experienced the largest net outflows among the ETFs, with over $191 million moving out of the fund. That exceeded the $167.3 million net outflow recorded by Grayscale’s GBTC, SosoValue data showed.
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🚨🚨🚨 Bitcoin and a handful of altcoins were down around 7%-10% over the last 24 hours. Here are several factors: 1. Several macro data is being released this week and had investors spooked. Particularly, there is a declining probability of US interest rate cuts this month, and rumors of possible rate hike considerations 2. Over the last 24 hours, 115,804 traders were liquidated for a whopping $387.91m. 3. US Spot BTC ETFs saw an outflow of $161m yesterday 4. Hong Kong’s Bitcoin and Ether ETFs failed to meet expectations 5. RSI divergence indicators suggest a bearish trend, as it was in the "overbought" area during the US BTC ETFs launch 6. More BTC miners approach shutdown levels amid price drop below $57,000  It is important to note that during the 2015-2017 bull market, over 13 different 20% pullbacks occured. Price swings are quite normal and sometimes good for the markets. 🤝
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🚨🚨🚨 MtGox Prepares to Release 142,000 BTC and 143,000 BCH by October 31st Data on Reddit reveals that the interface now reads “payment in preparation” with a timestamp dated May 13.  It signals that MtGox is getting ready to finally release its massive holdings, which include 142,000 bitcoins (BTC), 143,000 bitcoin cash (BCH), and 69 billion yen. This massive disbursement is expected to reach creditors no later than October 31st. For a very long time, MtGox has been a mix of hope and despair for many investors. Founded in 2010, it quickly became the largest crypto exchange globally. It practically made history. 
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BREAKING: 🚨🚨 Short sellers of $GME and $AMC are down $3.5 billion today. This puts 2-day short seller losses at $5 billion. @ProNews_Finance
Mostrar todo...
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🚨 JUST IN : State Of Wisconsin Investment Board Has Purchased $99 Million Worth Of Shares In The Ishares Bitcoin ETF, According To A Recent Filing‼️
Mostrar todo...
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🚨🚨🚨The Coinbase website is currently down!‼️
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🚨 Tether CEO riled up by suggestion USDT is a target of US government Tether CEO Paolo Ardoino posted a lengthy diatribe to X on Monday in an apparent effort to rail against any notions that his company's stablecoin is insecure in any way. "An uniformed CEO, leading a company being investigated by the SEC, launching a competitive stablecoin ... is being reported spreading fear about USDT," Ardoino said in his post.
Mostrar todo...
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BREAKING: 🚨🚨 Short sellers have now lost $1.8 BILLION on $GME and $AMC short positions over the last 2 weeks. Short seller losses on today’s move alone were $1.2 billion.
Mostrar todo...
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🚨🚨🚨🇺🇸 US spot bitcoin ETFs return to net inflows following four weeks of outflows Spot bitcoin exchange-traded funds in the United States returned to net inflows of $116.8 million last week after enduring four consecutive weeks of outflows totaling more than $1 billion. Grayscale’s converted Bitcoin  Trust was the only spot bitcoin ETF to register net outflows last week, with $171.1 million leaving the higher-fee fund. That came despite GBTC breaking its 78-day outflow streak with $63 million worth of net inflows on May 3 and a further $3.9 million last Monday.
Mostrar todo...
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BREAKING: 🚨 Thousands of users are reporting that E-Trade is down just as Gamestop, $GME, rises over 100%. Many users have been unable to log into their accounts since the stock market opened.
Mostrar todo...
Photo unavailableShow in Telegram
El Salvador released a new website that tracks their Bitcoin holdings. They're currently holding 5,748.76 BTC ($351,622,658) and have bought +7 Bitcoin in the last week, which aligns with their goal to dollar-cost average 1 Bitcoin a day.
Mostrar todo...
Photo unavailableShow in Telegram
🚨🚨🚨Ancient Bitcoin Whales Suddenly Awake After 10.7 Years With 49,274.2% Profit Calm Sunday morning was disrupted, when two dormant Bitcoin (BTC) wallets, untouched for over a decade, have sprung to life, shaking the cryptocurrency market with their monumental activity. According to Lookonchain's latest findings, these wallets, inactive for precisely 10.7 years, have swiftly transferred their entire holdings of 1,000 BTC, currently valued at a staggering $60.9 million, within a mere 20-minute window.
Mostrar todo...