📌 Daily Summary
● LIVE TRACKINGIn a remarkable turn of events, Brazil has imposed a surprising cryptocurrency ban, overshadowing its recent approval of the world’s first Solana ETF. Meanwhile, Coinbase has released its latest Bitcoin report, raising questions about whether the bottom has been reached for BTC as analysts look toward future price movements. Compounding the uncertainty, an analytics firm has issued a stern warning regarding Bitcoin's trajectory in the coming months, dismissing earlier optimism as unfounded. Additionally, the Ethereum network is experiencing a troubling situation, with reports that hundreds of wallets have been compromised. On a contrasting note, whale activity has surged in a specific altcoin, as noted by Santiment, while Morgan Stanley has outlined five compelling reasons for its bullish stance on the overall cryptocurrency market.
15:10
The Central Bank of Brazil (BCB) announced in a statement that the use of cryptocurrencies in international payments is prohibited.
14:03
According to Coinbase, 75% of institutions believe that BTC is undervalued despite the risks of quantum and AI attacks.
13:02
Although Bitcoin rose to $79,000 in April, CryptoQuant analysts warned of a possible correction in BTC.
12:54
An unusual transaction has been detected on the Ethereum (ETH) network, where wallets that have been inactive for a long time were simultaneously hacked.
11:47
Santiment reported that whale activity in Dogecoin (DOGE), the largest memecoin, has reached its highest level in six months.
