⚡ CryptoTrendz - 📌 What’s Buzzing?:

Solana eyes $210 amid surging activity, while Ethereum builds steam for a major breakout. eToro lands on Nasdaq after a $620M IPO. FTX to pay $5B to creditors May 30. Bitcoin could hit $120K, says analyst.if key conditions align. ✨Here’s a quick glance:

🔖 Market Trends and Predictions:

🔹XRP is poised for a potential surge to $5 as bullish patterns emerge (source).

🔹Ethereum appears ready for a breakout, with experts watching key targets (source).

🔹Solana’s network activity boosts its price target to $210, driven by unique chart patterns (source).

🔹Bitcoin could skyrocket to $120,000, though analysts warn of caveats (source).

🔹XRP is also moving into a crucial range against Bitcoin, sparking interest in three major targets (source).

🔖 Regulation and Legal:

🔹The Senate’s stablecoin bill advances with a new draft, outlining changes for the crypto sector (source).

🔹Stablecoin regulation is being called the next catalyst for the industry, as voiced by Aptos leadership (source).

🔹Tornado Cash developer Roman Storm will face trial, according to the DOJ (source).

🔹A US county is launching a two-year guaranteed income pilot, distributing $504,000 with no strings attached (source).

🔖 Institutional Moves and Business:

🔹eToro, a Robinhood competitor, goes live on Nasdaq after raising $620 million in its IPO (source).

🔹Hong Kong’s investment firm increases its BlackRock Bitcoin ETF holdings, now worth $688M (source).

🔹Flash launches Flash 2.0, aiming to simplify Bitcoin payments for businesses globally (source).

🔹Bitdeer’s Q1 revenue drops over 40% year-over-year, signaling challenges in the mining sector (source).

🔖 Major Transactions and Scandals:

🔹FTX will begin distributing over $5B to creditors starting May 30, aiming for closure (source).

🔹Mistakes from a wallet controlled by Frank DeGods led to a major drain as the founder exits (source).

🔹A Citibank account was abruptly drained of $40,000, with the bank denying reimbursement, sparking controversy (source).

🔹FTX estate’s $5B payout is set to kick off on May 30, marking a milestone in the saga (source).

🔖 General Crypto Sentiment and Activity:

🔹The crypto market heats up as $35B flows in within a month, signaling renewed investor enthusiasm (source).

🔹Ethereum eyes a retest of $2.4K, with analysts setting crucial levels to monitor (source).

🔹Big Bitcoin purchases, NBA playoff excitement, and Switch 2 price changes reflect a busy market landscape (source).