[Shiba Inu executives joke about how to deal with the bear market guide]
In the digital currency ecosystem, a bear market is often the period that investors are most worried about because it can easily lead to a loss of confidence. In response to this, Lucie, Head of Markets at Shiba Inu, shared some steps that community members can take during the current bear market.
Bear markets are typically characterized by a long-term downward trend. Take Shiba Inu, for example. As of this writing, Shiba Inu is down 0.34% in the past 24 hours and over 15% in the past week.

According to Lucie's advice, long-term investors are better off staying away from the market. Outside of the market, Lucie suggests investors should focus on long-term goals. For example, the long-term goal of the Shiba Inu community is to achieve a one-cent price. Achieving this will require burning large amounts of SHIB to reduce circulation while increasing use cases in the market.
Lucie also emphasized the importance of educating yourself during a bear market. She recommends limiting social media use as fear, uncertainty and doubt (FUD) are often spread on these platforms. She also recommends portfolio diversification, staying connected to a positive community, and maintaining discipline.
Additionally, Lucie points out that it's important to take breaks when needed. Reflecting on past market cycles may better prepare investors for current market conditions.

As part of the financial markets, Shiba Inu is unlikely to stay in the doldrums forever. Since it has a strong correlation with Bitcoin (BTC), it will likely follow any bull rally in Bitcoin in the future.
In addition, the project’s Ethereum-based second-layer scaling solution, Shibarium, will also become a major catalyst worth watching, helping Shiba Inu embark on the road to recovery.

#鴉快訊 $SHIB @Shiba Inu

[Solana validators’ restaking activity revenue surges by $330 million]
Solana, as a leading blockchain ecosystem, has recently seen token holders actively participating in online activities. According to the latest update from MartyParty, there has been a significant increase in validator re-staking activity, with v1.18.15 validators receiving 2.239 million SOL tokens with a total value of $330 million.
This surge in re-staking activity marks an important milestone in the growth of the network. Validators play an important role in maintaining the integrity and security of Solana’s Proof-of-Stake (PoS) blockchain. They are responsible for validating transactions and ensuring consensus among network participants, thus maintaining the functionality and reliability of the network.

Recently, the Solana Foundation has taken steps to combat potential market manipulation. The foundation took action against certain validators for allegedly participating in a "sandwich attack." This attack involves malicious actors profiting from manipulating price movements by placing large numbers of buy and sell orders around smaller orders.
Despite mixed reactions, Solana’s crackdown on such malicious activity demonstrates its commitment to maintaining fair and transparent markets. Implementing strong measures to address market manipulation is also consistent with Solana’s vision for a decentralized and fair financial future.

Additionally, Solana is popular for its high throughput and low transaction fees, making it an ideal platform for decentralized applications (DApps) and decentralized finance (DeFi) projects. As the smart contract platform continues to attract developers, users, and investors, the significant value locked in v1.18.15 validators underscores the importance of the network within the broader blockchain ecosystem.

#鴉快訊 $SOL @Solana Official

[Solana Labs launches customer loyalty platform]
Solana Labs, the company that originally developed Solana, has launched a technology stack and "white glove service" called Bond designed for businesses looking to launch customer loyalty programs on the blockchain.
Bond is Solana Labs’ third product, following GameShift and Solana Mobile. GameShift helps game developers create Web3 games, while Solana Mobile offers Solana-integrated phones and is now taking pre-orders for its second-generation phone.
Bond’s website highlights digital collectibles and “product passports” as blockchain features of the service, and points to the potential of leveraging Solana’s community to attract Millennial and Gen Z consumers.

A press release from Solana Labs emphasized that the Bond service is designed to build direct relationships with consumers and analyze the customer base while protecting privacy. Overall, Solana Labs positions Bond as a blockchain-based Software as a Service (SaaS) rather than a fully encrypted local product. The press release barely mentions the word "token," adding that customers using Bond won't even realize it's Web3 technology.
Other companies have tried to apply blockchain technology to customer loyalty programs. Back in 2018, Singapore Airlines put frequent flyer miles on the blockchain. Earlier this year, Visa also announced a Web3 customer loyalty platform. However, not all of these experiments have been successful, such as Starbucks recently ending its Odyssey NFT-themed loyalty platform that had been running for a year and a half.

Nonetheless, Solana Labs believes there is still a future for blockchain-based loyalty programs. "We noticed a gap in the loyalty space, specifically in relationship-based loyalty, which has a longer payback cycle than traditional loyalty programs," a Solana Labs spokesperson said.

#鴉快訊 $SOL @Solana Official

[Pyth price source is online on IOTA EVM]
Pyth Network is a real-time market data platform. It announced the launch of Pyth price data on IOTA (MIOTA) on June 12, 2024. This is an important step for Pyth Network in bringing real-world assets (RWA) and crypto-asset price data to the chain. .
IOTA EVM is a fully compatible Layer 2 solution for the Ethereum Virtual Machine (EVM) on the IOTA network, providing a scalable, fee-free and permissionless decentralized ledger for secure financial transactions.

With this integration, smart contract developers on IOTA now have access to over 500 real-time price data sources, including stocks, cryptocurrencies, commodities, exchange-traded funds (ETFs), and FX. Pyth Network obtains this price data from first-party institutions and decentralized market participants.
Susanne Krone, Head of Ecosystem at the IOTA Foundation, emphasized the importance of this integration, saying: “The integration of Pyth’s oracle service is an important step forward for the IOTA ecosystem. We are excited to introduce an accurate, real-time data source, which opens up countless new possibilities for builders leveraging the IOTA EVM. This integration increases the reliability and security of data, giving our developers the keys they need to innovate and build the digital economy of the future. tool."

IOTA’s decentralized ledger technology facilitates secure, fee-free on-chain exchange of value and data. Based on these characteristics, IOTA EVM aims to provide tamper-proof data, fee-free transactions and low resource requirements, promoting new business models focused on tokenization and RWA. The deployment of Pyth price data is critical to achieving these goals, providing reliable price data for real-world and traditional assets to safeguard their exchange and value transfer.
Several decentralized finance (DeFi) applications on the IOTA EVM are already leveraging Pyth price data, including Deepr Finance, a DeFi platform originally built on the Shimmer EVM and now available on the IOTA EVM; and Virtue Money, a platform that allows users A protocol to mint overcollateralized stablecoins on IOTA EVM at 0% interest.

#鴉快訊 $PYTH $IOTA @Pyth Network @IOTA

[Binance resumes using Mastercard for Shiba Inu and XRP payments]
MasterCard has reinstated cryptocurrency buying and deposit services on the Binance platform. The service was previously suspended in August 2023, at a time when Binance was facing significant regulatory and legal scrutiny globally, notably allegations from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Last year, Binance and its former CEO Changpeng Zhao (CZ) admitted to violating the U.S. Bank Secrecy Act. As part of the plea agreement, Binance agreed to pay more than $4 billion in fines, register with the Financial Crimes Enforcement Network (FinCEN), and implement an effective anti-money laundering program.

MasterCard has lifted its ban on cryptocurrency purchases on the exchange as Binance’s major regulatory issues are resolved. A spokesperson for Binance revealed that MasterCard has reinstated cryptocurrency purchases through its network following an in-depth review of certain controls implemented by the exchange. In the future, Binance will also add withdrawal support to the second largest payment network.
A MasterCard representative also confirmed the development in a statement, saying the company had restored services after evaluating the controls implemented by the exchange. However, the spokesperson noted that the current status may change based on ongoing evaluation.

MasterCard has always been supportive of cryptocurrencies and has recently shown strong interest in the emerging asset class. In March, MasterCard named crypto payments company Ripple as one of the leading companies shaping cross-border remittances in Latin America. MasterCard is furthering its appreciation for Ripple by partnering on its central bank digital currency (CBDC) initiative. In addition to Ripple, MasterCard has partnered with top crypto-related companies including Consensys and Indonesian exchange Fasset.
Send a message to Minister of Defense in #Zhiyu

#鴉快訊 #MasterCard $SHIB $XRP @Binance

[U.S. CPI in May was flat, better than expected; Bitcoin rose to $69,400]
The U.S. consumer price index (CPI) was flat in May, beating economists' forecasts for a 0.1% increase and down from April's 0.3% increase. On an annual basis, CPI rose 3.3%, slightly below analyst forecasts and last month's 3.4% rise.
Core CPI, which excludes food and energy costs, rose 0.2% in May, beating forecasts of 0.3% and down from 0.3% in April. On an annual basis, core CPI rose 3.4%, below expectations of 3.5% and April's 3.6% rise.
Bitcoin (BTC) welcomed mild inflation data as the price jumped to $69,400, up nearly 4% in the past 24 hours.

In 2022 and 2023, the Fed will raise interest rates significantly, causing inflation to fall rapidly. In recent months, however, inflation has stalled above policymakers' 2% target, tempering market expectations for a rate cut.
At the beginning of the year, traders were expecting five to six 25 basis point rate cuts in 2024, but that expectation has been scaled back to one or two ahead of today's CPI report, with the first cut expected in September, according to CME The FedWatch tool displays.

A report from K33 Research earlier this week noted that cryptocurrency prices have been "highly sensitive" to U.S. economic data recently. Higher inflation data and the resulting reduced hopes of a rate cut caused Bitcoin to fall from an all-time high of over $73,000 in March to less than $57,000 in May. Traders expect easy monetary policy to drive the cryptocurrency’s next rally to record prices.
Contrary to U.S. expectations, several major central banks around the world have begun to lower benchmark interest rates. Last week, the European Central Bank and the Bank of Canada cut interest rates, which pushed the U.S. dollar index (DXY) to a new one-month high.
Investors will also be closely watching the "dot plot" of interest rate forecasts from members of the Federal Reserve's Open Market Committee to be released later today, which could affect asset prices.

#鴉快訊 $BTC

[Unleashing the potential of Solana: Mainnet upgrade v1.18.15 is expected to bring game-changing improvements]
Amid memecoin mania and surging demand for Solana-based blockchain platforms, the Solana team is preparing for a major mainnet upgrade to strengthen its blockchain. According to a tweet from Solana Status on June 10, 2024, the team recommended releasing v1.18.15 for the mainnet upgrade.
This upgrade is intended to address network congestion issues primarily caused by the launch of meme coins. The Solana team requested that the mainnet beta validator be updated to v1.18.15. This upgrade includes the following improvements: Upgrading the version to 1.18.15, a stable version compatible with the mainnet Beta; Integrating the Certificate Authority (CA) in the Docker image; Fixing an issue that prevents valid transactions from returning to the queue; Adding glitches Threshold measure. Scheduler optimizations will include worker pre-compilation validation and shallow threshold checks used only during the consensus mechanism.

Validators are expected to provide updates when penalty stakes fall below 5% and report any issues encountered while monitoring the node. Developers and validators are also looking forward to this highly anticipated upgrade due to disruptions that have occurred in past upgrade attempts.
In 24 hours, SOL price has fallen by 3.3% and currently trades at $154.50. However, Solana’s trading volume surged by 58.81%. Solana’s all-time high price is $121.77.
The SOL price reached as high as the $210 range in March 2024, but fell rapidly due to a variety of reasons, including the slowdown in the Federal Reserve's rate cut progress. Traders will be eyeing $210 and further gains towards $250.

Solana’s upcoming upgrade, mainnet v1.18.15, reflects the platform’s commitment to continuous improvement and innovation. By solving congestion issues and improving network stability, Solana is steadily building a foundation for stable and sustainable growth.
This demonstrates Solana’s positive future in the cryptocurrency industry, reaffirming its role as the ideal blockchain platform to address the growing needs of blockchain applications across industries.

#鴉快訊 $SOL @Solana Official

【Is LTC ready for an epic rally? Litecoin network activity suggests possible]
Litecoin (LTC) has seen a significant increase in online activity recently, which could signal a potential price increase. According to the latest data from Santiment, Litecoin has had an average of about 704,000 unique addresses interacting with the network every day over the past week. This is a significant increase compared to the approximately 345,000 addresses observed in May.
The growth in the number of active addresses indicates that interest and usage in Litecoin is increasing. Network growth in the crypto market usually heralds rising prices. When more unique addresses are active, this indicates increased transaction volume and overall usage, which in turn drives demand and increases price.

Additionally, a large number of active addresses often reflects positive investor sentiment and interest in the asset. Litecoin, often referred to as the “silver of Bitcoin,” was created in 2011 by Charlie Lee. Although Litecoin and Bitcoin share the same fundamentals, Litecoin offers faster transaction times and a different hashing algorithm, making it more suitable for smaller transactions and everyday use.

Currently, Litecoin’s relative strength index (RSI) is in the sweet spot for potential gains. RSI is a momentum indicator used to evaluate the speed and variability of price movements. When the RSI is in the opportunity zone, it indicates that Litecoin is currently undervalued and may be in for a price increase.

#鴉快訊 $LTC @Litecoin

[Bitcoin community leaders urge Musk to let X accept Bitcoin]
In a recent post, Elon Musk criticized Apple for working with OpenAI, prompting a response from prominent Bitcoin supporter Saifedean Ammous, who accused Musk of failing to launch Bitcoin payments on the X.
Saifedean Ammous is an influential figure in the Bitcoin community, best known for his book The Bitcoin Standard. "It's ridiculous that X isn't smart enough to accept Bitcoin," he said in an emotional tweet.

When Apple announced its partnership with OpenAI and the integration of the ChatGPT bot on June 10, Elon Musk posted an emotional reaction on his X account. Musk has vehemently opposed the social proof strategy currently being chosen by major AI developers, tweeting that he would ban all of his companies from using Apple devices if Apple integrated ChatGPT at the operating system level.
Musk criticized Apple's move as an "acceptable security breach" and said all visitors to his company would have to have their Apple devices checked at the door, which would be stored in Faraday cages. Earlier, Musk repeatedly accused OpenAI of "wokeness" and launched his own xAI startup to create Grok, a chatbot that competes with ChatGPT.
Apple and OpenAI have reportedly agreed to integrate ChatGPT directly into iOS 18, iPadOS 18, and macOS.

Under Musk's post, Saifedean Ammous responded to the serial tech entrepreneur's accusations that Apple is partnering with OpenAI instead of creating its own artificial intelligence.
"It's ridiculous that Apple isn't smart enough to do its own AI," Musk tweeted. He accused ChatGPT of transferring user data to OpenAI and criticized Apple for mishandling user data.
However, Musk's integrated Community Notes service corrected his post. The service notes that Apple has developed its own AI base models that "run on the device (natively) and have approximately 3 billion parameters" and that these models will be integrated into iPhones, iPads, and Macs.

#鴉快訊 #ElonMusk $BTC

[Uncertainty about U.S. inflation data rises, cryptocurrency market falls]
Federal Reserve Chairman Jerome Powell warned that actual results may differ. Unexpected economic conditions have challenged the Federal Reserve's recent forecasts.
While key inflation indicators have held steady following aggressive rate hikes in 2022 and 2023, economic risks have become more complex, with data often conflicting. For example, U.S. companies added 272,000 jobs in May and wages rose at an annual rate of 4.1%, yet the unemployment rate rose to 4%.
"In recent months, there has been a lack of further progress toward the Committee's 2 percent inflation objective," the Fed wrote after its last meeting on May 1.

Therefore, the Fed is cautious about cutting interest rates until inflation improves significantly. Legislators have questioned whether inflation can reach the 2% target without tightening monetary policy. The Fed's stance on cutting rates contrasts with some global peers, such as the European Central Bank and the Bank of Canada, which have recently slashed interest rates. According to a report by Wall Street Journal reporter Nick Timiraos, JPMorgan Chase and Citigroup dropped forecasts for a July rate cut following Friday's jobs report.
"Most sell-side economists and other professional Fed watchers now expect one or two rate cuts in September or December this year," he added.
In addition to JPMorgan Chase & Co. and Citigroup, various financial institutions have forecasted expected rate cuts from the Federal Reserve in 2024. Most forecasts suggest the earliest rate cut could happen in September, while some predict December.

Matteo Greco, a research analyst at Fineqia, shared his thoughts on the current situation with BeInCrypto. He explained that less restrictive monetary policy is generally beneficial for risk assets such as stocks and cryptocurrencies. This is especially relevant when rate cuts do not signal an impending recession.
"In this context, the central bank's decision to cut interest rates while inflation is above target demonstrates optimism about managing inflation and maintaining it near desired levels under a more expansionary monetary policy," he said pointed out.

#鴉快訊 $BTC $ETH

[Is Dogecoin ETF next? Celebrity announces his altcoin portfolio! 】
Former BitMEX CEO Arthur Hayes has recently made some remarks and predictions that have attracted investors’ attention. He mentioned that institutional investors cannot ignore Dogecoin (DOGE) due to its popularity. Hayes believes that once regulators approve ETFs for Bitcoin (BTC) and Ethereum (ETH), it is inevitable that they will also approve a Dogecoin ETF.

In an interview with Jessica Walker alongside Real Vision CEO Raoul Pal, Hayes said that Dogecoin and cryptocurrencies play a key role in U.S. elections and that meme coins like DOGE still have a long way to go. He pointed out that the Federal Reserve (FED) and the U.S. Treasury Department will print more and more currency, which will make the cryptocurrency market even more crazy and popular.

Raoul Pal and Hayes believe that investors expect Dogecoin to receive U.S. ETF approval before the end of this bull cycle. Hayes had this to say about the DOGE ETF: “Dogecoin is the oldest meme coin on Robinhood. If you’re looking at traditional finance coming into the crypto industry, they’re putting ETFs on everything they can, which is a high market cap s things."

Hayes and Pal said their portfolio includes meme coins like Dogecoin (DOGE), BONK and Dogwifhat (WIF). Additionally, Arthur Hayes recently predicted that Aptos (APT), the 27th largest cryptocurrency by market capitalization, will overtake Solana (SOL) within the next 1 to 3 years.

#鴉快訊 $DOGE @Doge Coin

[PENDLE price outlook after whales deposit tokens on Binance]
Pendle (PENDLE) is the native token of Pendle Finance, focusing on tokenization and future earnings trading protocols. PENDLE is down 3% in the past 24 hours, mainly due to a large holder depositing a large amount of the token into Binance, presumably to profit.
However, former BitMEX CEO Arthur Hayes has pledged 1.65 million PENDLE until September. PENDLE’s price is hovering around $5.13 on major crypto exchanges, down 16% this week, according to CoinGecko data.
The decline comes amid widespread declines across the cryptocurrency market after Bitcoin prices fell below $68,000 on Tuesday. Meanwhile, PENDLE price experienced significant selling pressure last week as crypto whale and former BitMEX CEO Arthur Hayes unlocked a large amount of the token.

On June 6, Lookonchain reported that Hayes unlocked 1.55 million PENDLE worth over $9.41 million. The unlocking event caused the PENDLE price to drop from around $6.30 to as low as $5.34. On June 11, Lookonchain shared on-chain data showing that another large holder deposited 755,000 PENDLE worth $3.83 million into Binance. This whale initially withdrew 5.02 million PENDLE from Binance on August 18, 2023, when the tokens were worth $2.73 million, at a price of $0.54 per coin.

While Arthur Hayes unlocked a large number of tokens last week, he has just re-locked 1.65 million PENDLE worth $8.4 million until September 5, 2024. Is this a bullish sign for the coin? Hayes has previously expressed optimism about the Liquid Collateralized Derivatives Finance (LSDfi) token, which is rapidly expanding its functionality.
The total value locked (TVL) of the Pendle ecosystem exceeds $6.52 billion, growing 53% in the past 30 days. While PENDLE is now trading at a similar price to where it was in early May, if the bulls can stay above $5.00, they could be looking to regain control. Conversely, bears will likely strengthen if the price falls below $5.00.

#鴉快訊 $PENDLE @Pendle

[Beyond Doge: Meme coins gain legitimacy as crypto markets hit new highs]
Cryptocurrency analysts Raoul Pal and Arthur Hayes predict that the crypto market is about to enter "banana zone," a period of capital inflows into alternative investments such as cryptocurrencies, triggered by general economic events.
During the Coin Bureau discussion, Pal explained that crypto markets surge when institutions such as central banks adjust their stance and governments use various methods to influence public opinion.

Pal, CEO of GMI, believes that the crypto market is currently near all-time lows, which provides buying opportunities for investors looking for discounted price tokens. He predicts that the crypto market will see large-scale capital injections, which may benefit most participants in the ecosystem.
Pal specifically pointed out that SOL, AVAX, LUNA and MATIC were prominent performers in the previous "banana zone." He believes the outperformance of these assets hints that similar trends may reoccur, possibly involving different assets.
Turning to meme coins, Hayes told Coin Bureau that this cryptocurrency niche is likely here to stay. Despite their growth outpacing other crypto discourse, Hayes believes memecoin awareness is still growing, making them an easy-to-understand concept for new crypto enthusiasts.

The co-founder of BitMEX compared the meme coin craze to the cultural appeal of abstract trends such as fashion. He explained that users are attracted to these trends for social reasons, often without considering the associated costs. This behavior has also translated in the crypto space, driving the current growth of meme coins. Hayes even calls them “the luxury brand of cryptocurrencies.”
Pal emphasized that meme coins lack intrinsic utility, which makes them unique. However, their cultural significance has attracted considerable attention. He believes this cultural value is the main driver of interest in meme coins. Additionally, their simplicity makes them an easy-to-understand digital asset class, further enhancing their mainstream appeal.

#鴉快訊

[Ripple CEO: Real U.S. institutional money will drive unimaginable cryptocurrency growth]
In a speech at the Consensus 2024 conference, Garlinghouse expressed his views on the development trends of the crypto industry in the next ten years. He first expressed regret for the current negative measures taken by the United States against encryption companies.
Garlinghouse noted that the United States is in the lowest decile globally in terms of clear regulatory frameworks. He sees this situation as contradictory because the United States is considered to have the world's leading economy.
Notably, other jurisdictions such as Hong Kong, UAE, Singapore and Europe have made significant progress in developing crypto regulations, promoting innovation in the crypto industry.

Garlinghouse also said that if the U.S. economy truly opens its doors and allows large amounts of institutional investment to flow into the crypto market, the scale of its potential growth will be almost impossible to predict. In his words: "I think when you really unlock the U.S. economy and get real institutional money flowing in, it's hard to predict some of the potential for upside opportunities."
Well-known community figure KING VALEX recently highlighted this statement from Garlinghouse.

According to Bitcoin Treasures, a number of U.S. public institutions are currently investing in Bitcoin. MicroStrategy, Marathon Digital Holdings, Tesla and Coinbase Global are among the most prominent entities. For example, MicroStrategy alone has a Bitcoin portfolio of over $14 billion.
In the ETF industry, leading funds include BlackRock, which holds more than $21 billion in Bitcoin, and Grayscale, which holds more than $19.8 billion. Other U.S. ETFs collectively hold more than $20 billion worth of Bitcoin.

Today, with the participation of these U.S. investments, the crypto industry has a market value of over $2.53 trillion. Ripple’s CEO believes the value in the coming years will be unimaginable.
Meanwhile, in an earlier interview, Garlinghouse predicted a market valuation of $5 trillion by the end of the year. Interestingly, he said the $5 trillion estimate was not overly ambitious given the broader financial landscape.
Garlinghouse cited reduced supply following the recent Bitcoin halving event and increased ETF-driven demand.

#鴉快訊 $XRP @Ripple Network

[Chainlink Leads the Trend: Tokenized Real Estate Revolution]
Tokenizing real estate refers to representing real estate assets or their cash flows as blockchain tokens to increase liquidity, streamline processes, and enable digital ownership. This innovative approach leverages blockchain technology to employ non-fungible tokens (NFTs) or fungible tokens (Fungible Tokens) depending on the specific purpose and nature of the asset. Oracle service provider Chainlink plays an important role in the tokenization of real-world assets.

Additionally, dynamic NFTs further enhance the basic concept of tokenized real estate. These tokens can hold and automatically update key property data such as renovations, improvements, and past sales. Web3 startups leverage Chainlink Functions, a simple development tool to connect smart contracts to external APIs or data sets to ensure information is always up to date. The main advantages of dynamic NFTs are:
・Automatic data updates: Dynamic NFTs provide continuous updates on property details, facilitating better information exchange between counterparties.
・Improved transparency: Potential buyers have instant access to property information, allowing them to make more informed decisions.
By integrating these advanced technologies, tokenized real estate represents a transformative step in the real estate market, providing the opportunity to increase liquidity, transparency and efficiency in property transactions.

Renowned cryptocurrency analyst Michael van de Poppe noted that Chainlink (LINK) is severely undervalued at its current price point. Van de Poppe believes the cryptocurrency is at its cycle low, providing investors with a golden opportunity to enter the market.
According to van de Poppe, market rotations typically begin in June, and historical data shows LINK has provided impressive returns during this time. “LINK has provided returns of 150% over the past few years,” van de Poppe noted, highlighting the altcoin’s potential for strong performance in the coming months, Crypto News Flash reported.

#鴉快訊 $LINK @Chainlink

[EigenLayer Reportedly Worth Over 20 Billion, Riskier Than Meme Tokens? 】
Eigen Layer relies on tokenless yields that are based on provable reserves. The value of Eigen Layer comes from collateralized Ether (ETH), which is used to secure new projects. Eigen Layer does not centralize deposits, but distributes them across multiple Active Validation Services (AVS), each with different rules. Currently, competitive AVS shows a set of leaders with the highest liquidity.

The Eigen Layer ecosystem attracts new projects that promise higher reward rates, potential airdrops, and additional yield farming opportunities. Eigen Layer and AVS have no inherent risk or leverage of their own, but are associated with a risk environment. Eigen Layer bears the risk of the performance of the EIGEN token. The Eigen Points market is just starting to show its value, selling opportunities are still limited, with only the Kelp DAO trying to tokenize points. Additionally, each AVS may award its own points, which still have to be determined by the market as to their value.

The original intention of Eigen Layer was to enhance the security of Ethereum while providing security for new projects. Re-hypothecaters allow Eigen Layer access to their staked ETH, and Eigen Layer has the right to "cut" their staked ETH if it fails to perform honest verification services. So far, Eigen Layer has not signaled liquidations or losses, with cut smart contracts showing no activity. The greatest risk arises from AVS projects dealing with high-leverage yield farming.

Overall, the liquidity staking market has expanded to $67 billion in market capitalization, even after the recent correction. The frenzy of new releases is over, and individual protocols are vying for top spots. Greed may drive users to choose protocols like Pendle, which also attracted a significant investment from TRON founder Justin Sun.

#鴉快訊 #EigenLayer $ETH @Ethereum

[Robert Kiyosaki sounds alarm on ‘fake money’ and long-term inflation]
Renowned investor and financial writer Robert Kiyosaki has repeatedly warned of a potential economic crisis and sounded the alarm about "fake money" controlled by "Marxists" in the U.S. government and chronic inflation.
In a June 9 It went from $30 to $130 in one week.

Additionally, the author of the best-selling personal finance book Rich Dad Poor Dad warned that "inflation will be with us for years to come" and while he doesn't think Biden will win the presidential election, he believes it "brings Biden to crime" The liberal academic 'swamp' that brought the family to power...remains in power".
For this reason, and his belief that the ruling establishment in the United States, or "Marxists," as he calls them, control "politics and fake money," namely the U.S. dollar, but they "have no control over real money," namely gold, silver, and Bitcoin (BTC), so he is accumulating these assets against them.

As a reminder, Kiyosaki has long expressed his preference for precious metals and decentralized finance (DeFi) assets as well as the world’s first cryptocurrency, praising them as ideal investments to protect oneself from what he sees as the U.S. government and The effects of leader incompetence.
Specifically, he recently said that Bitcoin could reach a price of $350,000 by the end of August 2024 and predicted that other popular crypto assets, including Ethereum (ETH) and Solana (SOL), may continue to rise.
Meanwhile, Kiyosaki’s favorite asset in the crypto market is trading at $69,255 at press time, up 0.03% in the past 24 hours, up 0.76% in the past seven days, and accumulating 14.16% on the monthly chart, according to June 10 The data.

#鴉快訊 $BTC

[Wintermute transferred $12 million ARB to Binance. Here are the reasons? 】
In a surprising move, well-known market maker Wintermute moved $12 million worth of ARB tokens to Binance, sparking fears of a possible price drop. This significant move prompted investors and analysts to closely monitor ARB’s market performance in anticipation of possible downward pressure on the token’s valuation. The timing of this transfer, combined with the upcoming ARB token unlock event, adds to the uncertainty and fuels speculation about the token’s short-term market dynamics.
According to monitoring by Data Nerd, three Wintermute wallet addresses deposited 12.3 million ARB (approximately $12 million) into Binance five hours ago. The tokens were withdrawn from Coinbase two days ago.

These transactions involved three separate wallets, each with different transaction volumes: the first address transferred 4.68 million ARB tokens, the second address transferred 4.125 million ARB tokens, and the last address transferred 3.463 million ARB tokens. currency. The coordinated actions of these large transfers suggest that Wintermute may have engaged in a deliberate strategy aimed at affecting ARB’s liquidity and market presence on Binance.
It is worth noting that on June 16, 2024, the ARB ecosystem will conduct an important token unlocking event, releasing 92.63 million ARB tokens, accounting for 0.93% of the total supply. The release is worth approximately $88.41 million, or 3.20% of the current market capitalization. Such unlocking events usually attract a lot of attention from investors and market analysts, as the sudden influx of tokens can affect market dynamics, potentially affecting liquidity, supply, and overall token valuations.

#鴉快訊 $ARB @Arbitrum Foundation

[This is a support level for Bitcoin, keep an eye on it for buying opportunities]
As the crypto market focuses on Bitcoin’s (BTC) next price move and the possibility of a break above the $70,000 resistance, one trading expert has pointed out potential opportunities for investors to consider.
In a June 7 TradingView post, analyst TradingShot highlighted a medium-term pattern that is consistent with Bitcoin’s long-term bullish trend but contradicts the short-term market frenzy of recent days.
This analysis reveals key insights into potential buying opportunities based on historical price patterns and technical indicators.

According to TradingShot, key support levels for potential buying opportunities lie within the range between the 50-day moving average (MA50) and the bottom of the green rectangle. This range is identified as the "buy zone" where investors can consider accumulating Bitcoin.
The expert noted that Bitcoin has been operating in a major “ascending channel” pattern since December 2022. Within this ascending channel, it experienced its first major correction through a rectangular pattern, which was identified as an accumulation phase.
Bitcoin’s price found support during this phase, forming a bottom and rising again after briefly falling below the MA50 and approaching the 100-day moving average (MA100).

TradingShot suggests that if a similar accumulation phase reoccurs, Bitcoin could currently be trading at a “hammer” rejection level around $71,100, similar to the price action observed on July 12, 2023. The relative strength index (RSI) patterns in these phases are very similar, indicating potential buying opportunities.
It’s worth noting that Bitcoin is going through a consolidation phase, with both bulls and bears fighting for direction. The key focus is whether Bitcoin can regain its footing above the $70,000 mark.
Against this backdrop, cryptocurrency trading expert Michaël van de Poppe admitted in a June 7 X post that Bitcoin remains stuck in a range. He noted that current trading patterns mean the major cryptocurrency is "very ready" to break out and find new all-time highs.
The analyst added that Bitcoin also rejected the $71,600 level and investors should expect a breakout in the coming week.

#鴉快訊 $BTC