Crypto News [2 May 2024]

1) 3 signs hint that Bitcoin price is nearing a bottom. The result of May 1’s Federal Reserve minutes, Bitcoin miners’ robustness and increasing stablecoin demand in China could be signs that $BTC has bottomed. Read more: https://t.co/53IngwQlR7

2) $USDT issuer Tether set a new record after making $4.5 billion in net profits during the first quarter of 2024. Read more: https://t.co/7b1szVwc0T

3) Imaginary Ones secures new funding to expand web3 entertainment ecosystem. Read more: https://t.co/sAuWaFDFKC

4) CoinGecko analysts have found Ethereum at the top of March’s trading volumes for decentralized exchanges. Read more: https://t.co/bBs5aKDcut

5) Microstrategy plans to launch a decentralized identity solution on Bitcoin. Read more: https://t.co/m6lXAynocZ

6) Argentina Lawmaker unveils draft Worldcoin regulation bill. Read more: https://t.co/PI3fJklGWC

7) TOKEN2049 Dubai hailed as an outstanding success, with 10,000 attendees. Read more: https://t.co/qtQf7fxh6d

8) US Lawmakers introduce new bill for clarification on taxation of staking rewards. Read more: https://t.co/U4Gn5LlaMS

9) Indians are including cryptocurrencies in their retirement plans, survey reveals. Read more: https://t.co/tlCrPeOF8W

10) May crypto token unlocks valued over $3.6b. TokenUnlocks data revealed some 19 crypto projects are scheduled to release at least $10 million worth of coins into circulation this month. Read more: https://t.co/n756g3bMBG

11) Binance crypto boss Changpeng Zhao sentenced to 4 months in prison. Read more: https://t.co/RimZGOi3sS

12) Bitcoin’s price may remain flat as spot ETF outflows advance. Read more: https://t.co/L0WAZm2VzR

13) US prosecutors investigate crypto transactions at Jack Dorsey’s Block. Read more: https://t.co/oJO8FEI1b7

14) India’s Enforcement Directorate (ED) has cracked down on two major crypto scams operating in the nation, duping investors by promising massive returns. Read more: https://t.co/ZZjaEFMt03

15) Bitcoin falls below $57k for the first time in two months. Read more: https://t.co/s2Le4gvZaR

16) ‘Bitcoin Jesus’ Roger Ver arrested on $50m tax fraud. Read more: https://t.co/hubEXDzf0g

17) Spot bitcoin ETFs record the largest daily net outflows ever. Read more: https://t.co/V7kBVJd0mQ

18) Solana-based meme coins Bonk Inu (BONK) has surpassed Floki Inu (FLOKI) in market capitalization, becoming the fifth-largest meme coin. Read more: https://t.co/SHid4k2TAr

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