May 20, 2023

Be there a will, and wisdom finds a way.

-George Crabbe

Bitcoin (BTC) could potentially rally in June due to an impending historical bull signal, as noted by a well-followed crypto analyst from InvestAnswers. The expected bull signal involves Bitcoin's realized price (RP) crossing above the long-term holder realized price (LTH RP), an event that has historically led to substantial Bitcoin rallies. Anticipation of a Bitcoin rally has been further fueled by the recent surge in the cryptocurrency's hash rate, which is a measure of the computing power of the Bitcoin network. If the bull signal is triggered, it could lead to a significant increase in Bitcoin's price, potentially pushing it to new all-time highs.

Source: crypto-news-flash

Ledger co-founder Eric Larchevêque recently clarified that there is no “backdoor” in the latest Recover firmware update, which was the source of the recent controversy surrounding the company. This controversy attracted comments from notable leaders and blockchain experts from the crypto community, including Cardano founder Charles Hoskinson who claimed that open-source software is always better than closed-source. However, Larchevêque refutes Hoskinson’s claims and insists that the Recover firmware update is secure and that open-source software is not always the best option.

Source: coingape

This week, a lesser-known crypto casino project has seen a surge in popularity after unveiling new updates. The project, which is focused on providing a secure and anonymous gaming experience, has seen a significant increase in user engagement since the updates were released. The updates include a new user interface, improved security protocols, and a range of new games. The project is now looking to expand its reach and become a major player in the crypto casino space.

Source: cryptospacey

Ethereum is often referred to as the "king of Defi" due to its popularity in the decentralized finance (Defi) space. However, its structure is not optimized for building and scaling financial applications. Ethereum's blockchain is slow and expensive, and its smart contracts are limited in their capabilities. This has led to the development of alternative blockchains that are better suited for Defi applications, such as Polkadot and Binance Smart Chain. These blockchains offer faster transaction speeds and lower fees, as well as more advanced smart contract capabilities.

Source: cryptopotato

Bitcoin (BTC) started the weekend in consolidation, trading below $27,000 despite dovish comments from U.S. Fed Chair Jerome Powell. Powell stated that rates may not be increased by as much as initially expected, which provided some relief to the markets. Ethereum (ETH) rose marginally higher today, while Bitcoin remained in consolidation.

Source: bitcoin

The demand for innovative, user-friendly, and intelligent cryptocurrency solutions is growing as the world of cryptocurrencies continues to evolve. Companies are developing new technologies to meet this demand, such as decentralized exchanges, smart contracts, and blockchain-based applications. These solutions are designed to make it easier for users to access and use cryptocurrencies, as well as to provide more secure and efficient ways to store and transfer digital assets. As the cryptocurrency industry matures, these solutions will become increasingly important for users to take advantage of the benefits of cryptocurrencies.

Source: ambcrypto

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755,000,000 BUSD

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15,111 BTC

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$405,981,860

15,114 BTC

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15,095 BTC

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*Transactions Last Updated: 05-20-2023 8:34am ET

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