CRYPTO NEWS: Latest BITCOIN News, WAVES News, DEFI News, ETHEREUM News

CRYPTO NEWS: Latest BITCOIN News, WAVES News, DEFI News, ETHEREUM News
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Bitcoin steadily exceeds 100 SMA, here's how BTC can start new growth
The bitcoin price has corrected below the $38,000 resistance zone against the U.S. dollar.

Bitcoin rose above the $35,500 resistance and continued its upward move. However, the bulls struggled to overcome the $38,000 resistance zone. A high near $37,900 was formed and the price recently corrected lower. There was a break below the $37,000 support level. Bitcoin fell below the 23.6% Fibonacci retracement level of the recent uptrend from a swing low of $34,225 to a high of $37,900.
The price is now trading well above $36,000 and the 100-hour simple moving average. There is also a key downward channel forming on the hourly chart of the BTC / USD pair with resistance around $36,800.
The pair is also finding bids near the 50% Fibonacci retracement level of the recent upward move from a swing low of $34,225 to a high of $37,900.
Bitcoin price remains supported

Waves.Exchange allows users to earn about 60% a year
The market situation is volatile, and many investors keep their money in stable coins.

The leading cryptocurrency recently experienced a market crash when its price fell to a low of $30,000. The situation remains unstable, Elon Musk contributes even more chaos with his tweets. On the other hand, the number of Bitcoin addresses reached an 11-month low of more than 27 million.
Nevertheless, Bitcoin's supply is returning to long-term holders as they continue to accumulate more BTC.
More and more investors are putting their money into stable coins. Waves.Exchange is considered a good option - they provide favorable betting terms - 30% APY for stable coins. They also have Lambo, a new product that allows users to invest in an algorithmic trading strategy with the most balanced risk/return ratio: the annual reward of about 60% is provided by the lowest risk compared to other algorithmic trading strategies. Due to the adjustment of the trading strategy, the maximum drawdown of a Lambo investor's portfolio cannot be more than 10%.
You can bet any amount in USDT, USDC, BTC, ETH, NTR, and other currencies on the Waves exchange with returns up to +30%. Betting funds are managed through a public smart contract, which you can always check. You can start with 1 USDT and withdraw funds at any time.
Waves.Exchange rates

Ethereum's adjusted online sales and miners' revenues hit a new high in May
Data for May shows that Ethereum's online transaction volume and mining revenue figures hit record highs.

Monthly mining revenue was $2.35 billion, up 42.4 percent from April. Transaction fees for Ethereum miners also surpassed $1 billion for the first time in May, up 43.9% from April to $1.03 billion.
The revenue figure was supported by ETH reaching a record high price of more than $4,300 last month. The price of ETH is now around $2,570 per Coinbase.

BNB denies and restores long-term support
BNB has returned to the support zone of $330.

On May 10, BNB hit a record price of $691.77. However, it fell sharply immediately thereafter. The downward movement culminated in a low of $211.70 reached on May 23.

Coinbase Pro will add support for dogecoin later this week
Dogecoin, a popular and volatile meme-themed cryptocurrency, is headed to professional cryptocurrency exchange Coinbase.

Coinbase said in a June 1 blog post that it will allow transfers from DOGE accounts starting June 1, with the aim of launching June 3 if there is sufficient liquidity.

SEC of Thailand About to Regulate DeFi
The Securities and Exchange Commission of Thailand announced that DeFi-related projects may require a regulatory license.

The SEC issued the statement after DeFi's farm platform, Tuktuk finance, debuted on the Bitkub Chain, and the price of its token rose to hundreds of dollars and plummeted to $1 in a matter of minutes. This led regulators to specifically target DeFi.

DeFi protocols brought in more than $370 million in revenue in May
Ethereum-based decentralized finance protocols brought in record revenue in May.

First place went to Uniswap, which accounted for $153.9 million of the $371.6 million in total monthly revenue from the DeFi protocol this month. Sushiswap was next with 20.3%, followed by Aave with 16.6%.
Tesla competitor to release a first electric car that mines bitcoins and Dogecoin
Daymak multifunctional three-wheeled car will be able to mine cryptocurrency

Canadian lightweight electric car maker Daymak has announced that its futuristic yet-to-be-launched Spiritus vehicle will allow bitcoin and Dogecoin mining while it's parked.

The Ripple Giant dumps another billion XRP while coin trades above $1
The Ripple DLT Giant moved another billion XRP to arrive on June 1, while the coin is still trading above the $1 level.