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Trading Volume on Crypto Exchanges Was $307.4 Billion in May, Down 23.2% Month-On-Month

Google Cloud Supports Its Customers to Create Bitcoin Lightning Network Nodes Through Partnership with Voltage

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Today’s Cryptocurrency Headline

Google Cloud has announced a partnership with Lightning-as-a-Service (LaaS) provider Voltage, allowing customers to create Bitcoin and Lightning Network nodes within the Google Cloud platform. Voltage aims to offer Lightning Network solutions to businesses, enabling near-zero-cost real-time payment settlements and empowering organisations to send and receive payments simultaneously, creating new experiences and business models. This collaboration signifies Google Cloud’s commitment to supporting blockchain technology and expanding its services to meet the growing demand for cryptocurrency infrastructure.

BingX’s Bitcoin Chart

Source: TradingView & BingX

Currently, the overall trend of BTC remains range-bound near the support level of $26,000, following last week’s upward movement. The daily chart shows BTC at a relatively high level. Short-term BTC movement is consolidating as it seeks to break through. Additionally, the monthly chart’s closing this week has contributed to BTC’s continued consolidation below, without opening up further price ranges. This ongoing consolidation is the direct reason for the current market’s oscillation. Although BTC is unable to break through upwards at the moment, the support level below remains intact.


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