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🦵🦵🦵🦵 Analyst Criticizes SUI’s💰 Centralization, Alleges SUI’s Supply Chart Is Lie. 👉 Founder of the crypto research platform Cyber Capital, criticized #SUI’s centralized control, highlighting that almost 84% of the staked supply is under the control of its founders. 👉 Bons targeted SUI, asserting, “SUI has a great design, except for its token economics.” @tokenize 🤑 | @cryptonerds 🤑

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💰 Solana’s on-chain #NFT sales in April were just over $150 million, the lowest level so far this year. @tokenize 🤑 | @cryptonerds 🤑

👉 On May 3, #Grayscale’s GBTC recorded $63 million in inflows after recording approximately $17.5 billion of outflows since the 11 spot #Bitcoin ETFs launched on Jan. 11, according to Farside preliminary data. @tokenize 🤑 | @cryptonerds 🤑

👉 Michael Saylor of #MicroStrategy has voiced concerns that the #SEC may classify #Ether and other major #cryptocurrencies as unregistered securities, which could prevent them from being wrapped by spot #ETFs and accepted by #WallStreet and institutional investors. @tokenize 🤑 | @cryptonerds 🤑

🇳🇬Nigeria's #P2P crypto trade is a booming $500bn sector, largely informal and beyond official $59bn records. 👉 Regulatory changes have seen a lift on #crypto bans, but recent CBN actions against #Binance and account freezes reflect concerns over currency manipulation. @tokenize 🤑 | @cryptonerds 🤑

👉 Russian national Alexander Vinnik has admitted to laundering $9 billion through the #BTC-e exchange. @tokenize 🪙 | @cryptonerds 🪙

🇳🇬Nigeria's SEC Crypto Talks 👉 #Nigeria's SEC will discuss #crypto policies with exchanges on May 6. The focus is on #Binance, which faces accusations of illegal #transactions and has two executives detained. @tokenize 🪙 | @cryptonerds 🪙

🎥🎥🎥🎥 📊 Bitcoin just hit $63000

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🦵🦵🦵🦵 Crypto News Flash - May 4, 2024 👉 Bitcoin's Resilience: #Bitcoin has rebounded to $62K as the market recovers. Arthur Hayes, former CEO of #BitMEX, suggests the correction phase is likely over, predicting a 'slow grind higher' with Bitcoin expected to fluctuate between $60,000 and $70,000 in the coming months. 👉 Major Crypto Theft: An exploiter has stolen $68M worth of #crypto through an address poisoning scam. The victim was tricked by a fake 0.05 #ether transfer, leading to a significant loss. 👉 Block's Bitcoin Strategy: Jack Dorsey's #Block is bolstering its #Bitcoin holdings, adding more to its #balance sheet as revealed in its first quarter earnings report. 👉 Coinbase's Record Quarter: #Coinbase has reported a net income of $1.2 billion for the first quarter, marking a significant milestone for the crypto exchange. Stay updated with the latest in crypto, and remember to invest wisely! 😀👍 @tokenize 🤑 | @cryptonerds 🤑

🎥🎥🎥🎥 BITCOIN RISES ABOVE $60K @tokenize 🤑 | @cryptonerds 🤑

👉 The #US has imposed #sanctions on #crypto addresses linked to a Russian drone maker. @tokenize 🪙 | @cryptonerds 🪙

🤑#Tether, the leading stablecoin, has intensified its transaction monitoring with #Chainalysis to prevent illicit financial activities. 👉 This move follows reports of Tether’s use in circumventing sanctions and facilitating unauthorized exports by entities like Venezuela’s PDVSA and Russian intermediaries. @tokenize 🪙 | @cryptonerds 🪙

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⚡️ Quick Crypto News- 2 May 👉 Quickex Expansion(⚠️DYOR): #Quickex now supports over 200 coins for exchange. 👉 Crypto Market Outlook: Most #cryptocurrencies, including #Bitcoin, are in the red zone today, indicating a sluggish market trend. 👉 Impactful Events: Watch out for events that could influence the crypto market this month, such as Federal Reserve decisions, inflation data, the Tornado Cash trial, and potential new ETFs. 👉 New Cryptocurrencies(⚠️DYOR): Dogeverse (DOGEVERSE) and Wiener AI (WAI) join the crypto space, offering unique features and #staking rewards. 👉 PayPal’s Crypto Integration: #PayPal has integrated with #MoonPay, enhancing its crypto offerings. Users in the U.S. can now easily #transact in over 110 cryptocurrencies through PayPal. @tokenize 🪙 | @cryptonerds 🪙