💢💢💢 WARNING: MANIPULATION OF CRYPTO ASSETS MAY BE PUNISHED UP TO 2 BILLION DONG!
The Ministry of Finance has just proposed fines ranging from 1.5 – 2 billion dong for acts of manipulating the cryptocurrency market, such as:
Continuously trading with multiple accounts to create artificial supply and demand.
Colluding in transactions without actually transferring ownership.
Spreading rumors, providing false information to manipulate prices.
Making comments that influence prices in the media.
In addition, organizations providing cryptocurrency services may be fined up to 2 billion dong and suspended from operations for 3 – 5 months if they violate regulations such as:
Not verifying the identity of investors.
Misleading advertising.
Not separating customer assets from company assets.
Individual investors may also be fined from 100 – 200 million dong if they do not open accounts and transfer cryptocurrency assets to be held at licensed organizations.
This is the first time Vietnam has proposed specific penalties for manipulating the cryptocurrency market.
Bitcoin (BTC) is currently trading around $103,921, up 1.5% in the last 24 hours. This upward momentum is supported by positive sentiment from the U.S. and China reducing tariffs over the next 90 days, boosting the crypto and stock markets.
2. Pi Network reveals major announcement at Consensus 2025
Pi Network is expected to announce an important update related to its Web3 ecosystem at the Consensus 2025 event on 14/5. The price of Pi Coin has surged 50% over the past week, reaching $1.4, with a 24-hour trading volume of nearly $1.5 billion USD.
3. Coinbase officially joins the S&P 500
Coinbase (COIN) will be added to the S&P 500 index starting on 19/5, marking the first time a crypto exchange has been honored in this prestigious index. COIN stock has risen 16% after opening on the NYSE, currently trading at $241.23.
4. Ethereum and altcoins continue positive trends
Ethereum (ETH) is currently trading at $2,687.85, up 9% in the last 24 hours. BNB and Cardano (ADA) also recorded increases of 1.1% and 2.7%, respectively.
📌 Personal opinion:
The crypto market is showing positive signals with support from macro factors and positive news from major projects. However, investors should remain cautious and closely monitor upcoming developments. 40193608347
#Coinbase (COIN) officially joins the S&P 500 on May 19, 2025!
For the first time in history, a crypto exchange is included in the most prestigious stock index in the United States – S&P 500.
Coinbase will replace Discover Financial (DFS) after the acquisition by Capital One. Right after the news, COIN's stock surged by 8.8%, with market capitalization skyrocketing to 52.8 billion USD.
Why is this important?
ETF funds and index funds tracking the S&P 500 are required to purchase COIN.
This marks a turning point recognizing that crypto is becoming a part of traditional finance.
In addition to Coinbase, Tesla and Block Inc. are also names related to crypto in the S&P 500. MicroStrategy remains outside as it does not yet meet profit requirements.
Crypto is gradually being accepted on Wall Street. Are you ready yet? #coinbase
💯 6 TRADING PRINCIPLES – READ IT, STICK IT ON YOUR WALL AND REMEMBER!
Trading is not a game of chance. To survive for a long time in this market, you must have principles as your guiding star:
1. Only trade with capital you can afford to lose – a maximum of 5% of total assets. Do not risk your living expenses, your children's education, or your wedding money...
2. Absolutely do not borrow to trade – financial leverage + psychological leverage is a combo that leads to "total loss".
3. The larger the time frame, the higher the probability – don’t burn yourself with 1-minute candles!
4. Don’t dream of getting rich quickly – don’t let greed turn you into a gambler. Little by little, slowly but surely.
5. Patience is the secret weapon of the longest surviving traders – not entering a trade is also a trade.
6. You must have a plan before hitting the Buy/Sell button – and always set a Stop Loss (SL).
Is there anything else, brothers? Is there any principle that you hold dear? Comment to share so we can all learn together!
🔥 1. Bitcoin nears the 100,000 USD mark BTC is trading around 94,000 USD and is predicted to possibly reach 96,000 USD this May.
🚀 2. Ethereum surpasses 1,800 USD, aiming for 2,500 USD ETH has risen above 1,800 USD and could reach 2,500 USD this month, especially as large investors are actively accumulating ETH.
🌈 3. The Altcoin season officially begins According to Crypto Rover, the Altcoin season officially started on May 1st, promising a surge of other coins aside from BTC and ETH.
💰 4. Capital inflow into Bitcoin ETF surges Grayscale Bitcoin ETF reports daily inflows of up to 16 million USD, indicating significant interest from institutional investors.
📉 5. Ethereum ETF reports capital outflow Conversely, Grayscale Ethereum Trust (ETHE) has recorded capital outflows of 12 million USD on May 1st, reflecting investor caution.
🇺🇸 USA - Ukraine signs historic mineral agreement: A global geopolitical turning point?
On April 30, the USA and Ukraine signed a strategic agreement in Washington, granting the USA priority access to new mineral contracts in Ukraine and financial support for the country's reconstruction process.
🔍 Key points of the agreement
Priority access: The USA will be prioritized in participating in new mineral extraction contracts in Ukraine.
Reconstruction support: The agreement includes a commitment to fund the reconstruction of Ukraine's infrastructure and economy.
Resource sovereignty: Ukraine retains the right to decide on the extraction and use of its mineral resources.
🌐 Global impact
This agreement not only strengthens the relationship between the USA and Ukraine but could also affect the global mineral market, particularly rare and strategic metals. The USA's assurance of mineral supply from Ukraine could reduce dependence on other sources and reshape the global supply chain.
📈 Impact on the cryptocurrency market
Cryptocurrency investors should note that the stability and economic development of #Ukraine could impact the cryptocurrency market, especially if Ukraine continues to promote blockchain-friendly and cryptocurrency-friendly policies. #BinanceAlphaAlert
#Ltc all indicators are beautiful, have tested the peak many times, perhaps the ones who chased the peak have sold out, now is the time for the MM team to push. $ltc let go