💧All time high - Bitcoin creates new daily transactions record 😅

Welcome to Coinsauce's Crypto Roundup, your daily snapshot of the latest crypto news and trends.😅 From breaking news to expert analysis and even some unique insights from the world of finance, we've got everything you need to stay in the know in this compact newsletter! So buckle up, get ready to be entertained, and let's dive into today's top crypto stories ❕ 

The latest highlights from the past 24 hours 👇️ 

1. Jokes apart! - Meme coin $PEPE soars over 120% in a day to enter the list of top-100 cryptos 🚀 

2. Takeover! - JPMorgan wins the bid to acquire troubled First Republic Bank ❕ 

3. Bitcoin's Latest Surge: More Transactions, More Inscriptions, More Excitement 🤩 

Is the meme season is back? 👀 

$PEPE,🐸 the two-week-old meme coin, has taken the crypto world by storm!

In the last 24 hours, the token surged 120% 🚀 to an all-time high of over $0.00000, putting its market cap at just under $600 million!

This makes PEPE the third-largest meme coin, after Dogecoin and Shiba Inu 🦊 

With over 65,000 holders and 420,000 transfers executed, $PEPE is outperforming the overall crypto market, with over 15,000 new holders added over the weekend ❗️ 

The coin's rapid growth of over 300% in the last week has made many millionaires, with some speculators like dimethyltryptamine.eth seeing their investment grow from 0.125 ETH to a whopping $5.3 million 🤑 

However, a word of caution to all our readers: Be careful not to get caught up in the hype of meme coins! Remember, many are just pump-and-dump schemes with no real use case. Don't be a 🐑 and fall for the memes; research before investing! 👀

JPMorgan to acquire troubled First Republic Bank 💰️ 

It's a bird; it's a plane, nope - it's JP Morgan swooping in to save the day! 🦸‍♂️ The Wall Street giant has come to the rescue of troubled US bank First Republic in a deal brokered by regulators. 💰

After the collapse of two other US lenders last month, First Republic was under pressure and eventually shut down by regulators. JP Morgan will pay $10.6bn to the FIDC and take on $173bn of loans, $30bn of securities, and $92bn of deposits from the defunct bank.

First Republic's 84 offices in eight states will reopen as branches of JP Morgan from Monday, and the banking giant hopes to retain the smaller bank's customers and boost its wealth management business. 🏦

As part of the agreement, the FDIC will also share losses on some loans with JP Morgan and provide it with $50bn in financing. It has estimated that its insurance fund would take a hit of about $13bn in the deal 👀 

Investors seem pleased with the deal, as shares in JP Morgan climbed 2.6%. Will this be a heroic victory for JP Morgan, or will they be facing their villains in the future? Only time will tell. 💪

The Bitcoin all-time-high nobody is talking about 👀 

🚀 Bitcoin is back and breaking records! On April 30, 2023, the world's favourite digital currency saw a new daily transaction record of 446,210 💰 That's a huge increase from the previous peak in 2017, with a whopping 39,080 more transactions 📈 And it's not just a one-off - the 30-day moving average is at a healthy 348,700 daily transactions 💰

But what's causing this surge? 🤔 Apparently, ordinal inscriptions are playing a major role, accounting for up to 40% of mined transactions and 20% of fees paid 💳

Despite the recent dip in price, with BTC currently trading at around $28,500, down ~58% from its peak, it's clear that the crypto community is still going strong 💪 

From the surge in transactions to the rollercoaster ride of prices, Bitcoin is never dull. So strap in and enjoy the ride because there is never a bad time to buy Bitcoin ❗️ 

Meme of the day

Everyone is looking at $PEPE right now like.. 😂

That's all for today's Coinsauce Daily Crypto Roundup 📰 We hope you found our coverage engaging, informative, and thought-provoking. Stay tuned for tomorrow's edition, where we'll bring you more breaking news and witty commentary from the exciting world of crypto! Until then, trade safe ❗️ 

Disclaimer: This newsletter is for educational purposes only and does not constitute financial advice or an offer to buy or sell assets. You must exercise caution and conduct your research before making any financial decisions