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🔔#Crypto Weekly Report
1. The Bitcoin Conference is set to return to Nashville, USA, in 2027.
2. B2B payments account for approximately 60% of stablecoin transaction volume, with an annual transaction value of roughly $226 billion.
3. PayPal restructures its business architecture, officially elevating its crypto division to a core business unit.
4. Elon Musk advances the "X Payments" system, further expanding his financial ecosystem.
5. Tether launches a tiered Bitcoin mining system designed to optimize energy efficiency and control costs.
6. The trading volume for Hyperliquid's first HIP-4 binary prediction market contract has exceeded $2.38 million.
#Today's Headlines
1. #BTC breaks above $79,000, posting a 0.42% gain for the day.
2. Monthly spending volume on crypto payment cards rises to $600 million, with 90% of transactions powered by Visa.
3. @Figure_robot Founder: Blockchain is emerging as Wall Street's new foundational infrastructure, aiming to restructure the credit market.
4. Stablecoin financial services platform UnblockPay closes $4.5 million seed funding round, led by Prelude.
5. Jack Dorsey's Cash App launches a Proof of Reserves feature for Bitcoin.
6. Tether CEO: WDK and QVAC may be integrated to support the Agent Cards feature.
7. Tokens including ENA, OPN, and RED are set to undergo significant unlocks next week; the ENA unlock alone is valued at approximately $17.3 million.
8. @coinbase launches support for Australian Self-Managed Super Funds (SMSFs), offering digital asset investment solutions.
9. A "whale" wallet that had been dormant for two years deposits $11.16 million worth of Bitcoin into Kraken.
10. #Bisq protocol suffers an exploit resulting in the theft of 11 BTC; a compensation plan is currently under discussion.
🌍#Hot Topic Analysis🔥🔥🔥
Institutional Investors Continue to Increase Investment, Spot ETF Funds Concentrate on Core Products
On May 4th, according to SoSoValue data, Bitcoin spot ETFs saw a net inflow of $154 million last week (April 27th to May 1st), marking the fifth consecutive week of inflows. Among them, the BlackRock ETF IBIT saw the largest weekly net inflow, recording $136 million, bringing its total historical net inflow to $65.5 billion; followed by the Ark & 21 Shares ETF ARKB, with a weekly net inflow of approximately $49.98 million and a total historical net inflow of $1.66 billion. Overall, institutional and investor attention to spot Bitcoin ETFs continues to rise.🚨🚨🚨
Looking back over the past few weeks, the continuous inflows into spot ETFs reflect a gradual recovery in investor confidence in the long-term value of Bitcoin, with five consecutive weeks of net inflows indicating a stable investment trend. While different ETF products showed slight variations in performance, overall funds were mainly concentrated in large-scale, highly liquid products, such as IBIT. Meanwhile, historical net inflow data also reflects institutional investors' long-term positioning in spot ETFs, indicating continued strong market demand for compliant and transparent investment channels.⭐️⭐️⭐️
From a market perspective, this round of ETF inflows sends a clear signal. Institutional investors' long-term allocation intentions for Bitcoin are clear, and short-term price fluctuations are unlikely to affect their overall portfolio. Furthermore, the concentration of funds in core ETF products enhances the liquidity and market stability of mainstream Bitcoin assets. In addition, continuous net inflows help boost market confidence, providing potential support for prices and offering a reference for more investors to participate in compliant channels, thus promoting the gradual maturation of the spot market.✨✨✨
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