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Shiba Inu faces a potential decline amid the broader market's stagnation. Meanwhile, Dogecoin and Shiba Inu have seen significant price gains, with Shiba Inu now accessible for purchase through PayPal, suggesting increased adoption and potential price growth.

Alexander Vinnik, co-founder of former crypto exchange BTC-e, has admitted to conspiring to launder money. This marks a significant development in a long legal saga, as the U.S. Department of Justice disclosed that Vinnik pleaded guilty to money laundering conspiracy charges.

FSOCIETY claimed to have stolen data from Bitfinex, but the exchange's CTO confidently called it fake, denying a security breach. The alleged hackers likely used the claim to promote their hacking tool.

Elon Musk's Tesla now accepts Dogecoin as a payment option on its website for merchandise purchases. The addition of Dogecoin, a favorite among the crypto community, follows Musk's previous hints about accepting the meme coin for Tesla products.

Ripple CEO Brad Garlinghouse publicly supports Ethereum amidst SEC scrutiny, criticizing Chairman Gary Gensler and highlighting the importance of clear classification for XRP and ETH.

LayerZero Labs is addressing sybil activity with a self-reporting mechanism, allowing users to confess to airdrop farming in exchange for 15% of their intended token allocation. Failure to self-report by May 17, 2024, will result in consequences.

Despite recent price troubles, Bitcoin remains resilient with investors still optimistic. While other cryptocurrencies struggle, Bitcoin's market dominance persists. Analysts view the current period as favorable for Bitcoin investments, despite short-term fluctuations and concerns about breaking past $60,000 to regain investor trust.

Shiba Inu continues to show resilience as holders maintain profits amidst price consolidation. Additionally, a surge in burn rates and positive market sentiment have boosted SHIB prices, despite a significant dump on Coinbase causing bearish sentiments. The token's recent recovery marks a positive trend amid the broader market downturn.

There is a significant amount of Bitcoin and Ethereum options contracts expiring today. Despite Bitcoin's recent price recovery towards $60,000, investors are uncertain about the next price move amidst high volatility and large notional values of expiring contracts.

Major bitcoin ETFs in the US, including BlackRock's IBIT and Fidelity's FBTC, experienced significant outflows totaling millions of dollars. Despite the involvement of major firms, withdrawals persisted, with Grayscale's GBTC notably facing the largest outflow. ARKB managed to buck the trend with notable inflows. GBTC's dominance in assets under management is being challenged by IBIT.

The SEC has delayed its decision on the 7RCC Spot Bitcoin and Carbon Credit Futures ETF to June 24, 2024, requiring more time for review with Gemini as their chosen custodian.

Renowned crypto analyst Ali Martinez highlights potential bullish signals for Cardano (ADA), including a notable signal on the daily chart called the TD Sequential and a historical pattern that suggests the possibility of a parabolic bull run.

Pension funds are increasingly considering Bitcoin investments, marking a major move towards mainstream adoption and reflecting growing interest from institutional investors, supported by the recent approval of Bitcoin ETFs by the SEC.

A cryptocurrency user lost $68 million in wrapped bitcoin (WBTC) due to an address poisoning scam, where the attacker imitates the victim's address to deceive them into sending funds to the wrong place. This incident raises concerns about the vulnerability of crypto investors to such fraudulent activities.

Former BitMEX CEO Arthur Hayes believes that Bitcoin's recent dip was necessary to clean up the market, and now anticipates a gradual recovery driven by factors like US Fed policies and tax season.