@badsanta
Hello my friend.
Market Update:
• Bitcoin is holding steady around $104,000 after U.S. inflation data came in lower than expected. This makes people think interest rates might go down soon.
• Ethereum is also stable, trading around $2,700.
Hot News:
• Big investors are still buying Bitcoin, which helps keep the price high, according to Glassnode.
• FTX is planning to pay back over $5 billion to people who lost money. The next payout is on May 30.
• The Thai government plans to launch a digital token (called G-token) that pays interest, to help boost the economy.
Global Updates:
• Grayscale wants to launch a new ETF based on Ethereum futures — this could make crypto more mainstream.
• France is stepping up security for crypto leaders after some kidnapping cases this year.
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