Top crypto tweets of the day – May 2nd

US Regional Bank Stocks Today:

1. PacWest, $PACW: -30%

2. Western Alliance, $WAL: -25%

3. Metropolitan Bank, $MCB: -21%

4. HomeStreet, $HMST: -15%

5. Zions Bank, $ZION: -10%

6. KeyCorp, $KEY: -7%

7. HarborOne, $HONE: -6%

8. Citizens Financial, $CFG: -5%

The worst part?…

— The Kobeissi Letter (@KobeissiLetter) May 2, 2023

As predicted, $pepe is currently in wave 4. This will take a few days to sort out.

Wave 4's are usually see-saw triangle patterns with a 15-38% correction but other patterns can occur. Thats why they are hard to read due to all the fake outs.

Just hold tight. NFA

? 1/3 pic.twitter.com/qS7B7vDr6q

— davie satoshi (@NFTdavie) May 2, 2023

If this is truly a Major Wave 4, then I expect a few days of this up and down pattern.

Some $pepe holders will sell to lock in some gains while others buy in on the dip due to FOMO.

I expect a strong wave 5 to happen mid to late week if this pattern holds.

?2/3

— davie satoshi (@NFTdavie) May 2, 2023

Please support me by liking, following or retweeting. Thanks to all the kind DM's I've been receiving lately. It's good to see so many people have benefited from my EW charts.

As a reminder, this is a memecoin and is extremely volatile. NFA so gamble responsibly.

?3/3

— davie satoshi (@NFTdavie) May 2, 2023

Not looking good for $MSTR who now confirms they are over extended and cannot cover their own debt interest.

Have suggested that even sales of BTC may be on the table to service debt. https://t.co/onmWMiTL7G

— Adam Cochran (adamscochran.eth) (@adamscochran) May 1, 2023

Fwiw people are worried about the COIN trade credits – this is normal for large exchange clients if you’ve got an ACH or wire incoming from a client that you can confirm, but hasn’t landed in your primary bank account, then you often front the credits.

— Adam Cochran (adamscochran.eth) (@adamscochran) May 1, 2023

Microstrategy says they won't have enough cash to pay expenses. May have to sell Bitcoin but have other options.

Looks like a good bottom signal at some point if people start freaking out. pic.twitter.com/ttQTjJZgNo

— Shire (@ShireH0DL) May 1, 2023

The price of the Bitfinex BTC-USDT perpetual contract suddenly soared to $56,500 today, and then quickly returned to the normal price. Probably due to lack of depth. https://t.co/YfNkV96foL pic.twitter.com/cuDVP7M8oJ

— Wu Blockchain (@WuBlockchain) May 2, 2023

PacWest Bancorp $PACW has paused trading! After falling over 30% in a short time period ? pic.twitter.com/D7Hr6vMTue

— CryptoSavingExpert ® (@CryptoSavingExp) May 2, 2023

Today Coinbase launched Coinbase International Exchange @CoinbaseIntExch and will begin by offering BTC & ETH perpetual futures settled in USDC with up to 5x leverage to institutional clients in eligible jurisdictions outside of the U.S.https://t.co/OzhbgJlZ2K

— Coinbase ?️ (@coinbase) May 2, 2023

2/ As a global company, we’re working hard to help update the financial system by building trusted products that expand the utility & adoption of crypto because we believe crypto & blockchain technology have the ability to increase economic freedom & opportunity around the world.

— Coinbase ?️ (@coinbase) May 2, 2023

Binance said it was being attacked by ChatGPT false information, Default (GPT-3.5) used a fake Forbes report link and Linkedin links to refer to CZ as an employee of the Chinese state-owned company PetroChina in the 1990s. But the other two models of ChatGPT gave the correct… pic.twitter.com/ZNuAVgGb7a

— Wu Blockchain (@WuBlockchain) May 2, 2023

JUST IN: $PEPE entered top 100 on https://t.co/k4aUfne70j after hitting new all time high $0.00000107 pic.twitter.com/pyIXgrq1sn

— CoinGecko (@coingecko) May 1, 2023

Sotheby’s Metaverse Marketplace :
– Artists first
– Fully on chain
– 2.5% fee
– Artist’s royalties enforced at the marketplace’s smart contract level
– highly curated
– Aggregator of 1/1s cross marketplaces
– Content focus
– Defend and promote artists above just offering for… pic.twitter.com/IpfD5TpjRB

— Michael Bouhanna (@michaelbouhanna) May 1, 2023

JUST IN: ?? Syria calls to abandon the US dollar for global transactions and adopt Chinese Yuan.

— Watcher.Guru (@WatcherGuru) May 1, 2023