It was stated that in the last 45 days, Bitcoin has exceeded 190 thousand units of BTC through the second layer network Merlin Chain and its total value has reached 129 billion dollars. 📈 While this figure came after Binance and Coinbase, it left behind leading central exchanges such as OKX and Bybit. 😮 While BTC is converted into M-BTC via Merlin Chain, some of it is converted into multi-chain tokens called SolvBTC. Currently, 5,275 M-BTC and 4,009 SolvBTC (total value approximately $630 million) have been transferred to more than 10 blockchains such as Ethereum, BNB Chain, Arbitrum, Manta, Mode, Linea, B^2, Zk.link, and more in the future. will be expanded to more blockchains. 🚀

📢 Crypto exchange Gemini announced that Earn users physically received $21.8 billion worth of digital assets today.🚀 This represents 97% of the digital assets earned by Earn users and $1 billion more than when Genesis suspended withdrawals.📉 Gemini , stated that this represents an unprecedented recovery in cryptocurrency bankruptcy and general bankruptcy.💰 This means Earn users can physically get all their digital assets back.🔒 Gemini contributed $50 million to the recovery of Earn users.🙏 Genesis' bankruptcy They stated that it is not a cryptocurrency problem, but a combination of legacy financial fraud and regulatory uncertainties.🔎

"The V2 version of LayerZero-based Stargate has been released on the "Will it have an effect? ​​We have to wait and see."

📰 Binance manager Tigran Gambaryan's wife and a source say that Gambaryan was struggling with malaria and serious throat infection, but Nigerian prison system administrators did not allow him to go to the hospital. 😷🏥 Gambaryan is being treated in a prison clinic that lacks supplies. Gambaryan's wife is worried about her husband's health condition deteriorating. 💔 This news highlights the uncertainty and risks in the cryptocurrency market.

"📢 On June 13, Fetch.ai, SingularityNET, and Ocean Protocol announced that they will complete the AI ​​Super Intelligence Alliance (ASI) merger. FET will be referred to as ASI starting June 11, 2024, and the merger will be completed on June 13. 👀 ERC20 tokens, It will be available to convert FET into ASI tokens, the new name of FET will be ASI and the total supply will be 26.3055 billion 😮 The fully diluted market cap of ASI is $6 billion.

📢🇺🇸 The US Government stated that the NFT market poses potential dangers for consumers. The US Treasury Department will cite these concerns in its NFT risk assessment, which will be published for the first time today. 🚨 They will warn that NFTs can easily be used for fraud and theft. However, they will emphasize that NFTs can be used to launder the proceeds of crime. 😲🔍#NFT#USA #RiskAssessment

Farcaster, the crypto/Web3 version of mini Twitter, raises $1.5 billion at a $10 billion valuation. However, according to Dune Analytics, Farcaster only has 45,000 daily active users. 🤔 It is believed that Farcaster actually has 5,000 DAU. Imagine a social network with a valuation of $200,000 per user! 😲 Farcaster is a platform where users must pay "rent" to store their data. Also, old posts will be deleted when a new post is made. This leads venture capital firms like a16z to think $1 billion is an attractive valuation for a startup like Farcaster. Are we entering a crypto bubble? 🎈

📢 ENS Labs announced that it plans to move the services of Ethereum's successful application ENS from the Ethereum mainnet to the Layer2 network. 🔄 This aims to reduce transaction costs and improve user experience. 📉 However, as ENS's user and revenue growth slows down, it is a matter of curiosity how effective this step will be. 🤔

📰 PayPal is expanding its cryptocurrency PayPal USD (PYUSD) using the Solana blockchain! 🚀 This is their first time going outside of the Ethereum ecosystem. This move aims to expand the use of PYUSD as a payment method for small and everyday purchases. However, despite offering low transaction costs, cryptocurrencies are still an uncertain market. 😕💸#PayPal#Solana #Blockchain

🚨📉 The New York Stock Exchange announced that it has launched a financial product that tracks the Bitcoin spot price, in collaboration with the CoinDesk index. Additionally, the NYSE plans to list index options that track the price of Bitcoin, CoinDesk reports. These cash-settled derivatives will track the CoinDesk Bitcoin price index (XBX). 📊💰

"OpenAI CEO Sam Altman was first ousted by the board last fall, then dramatically regained his position. However, this resulted in a major turnover of board members. 🔄 Former OpenAI board stating that it remained unaware of the Board's decisions member Helen Toner criticized Altman's lack of transparency 😮 It was stated that Altman concealed OpenAI's startup funding and gave misleading information about AI security processes 👀#OpenAI#Blockchain"

📉Mt.Gox started to transfer large amounts of Bitcoin after 5 years.🔀 This move raised concerns that it could create selling pressure in the Bitcoin market.😰 However, Mt.Gox stated that these transfers were to repay its debtors.📝 Payment plans are not yet available. While uncertain, this situation seems unlikely to suddenly crash the market.

📉 According to Deribit data, BTC and ETH options worth approximately $81.2 billion in total will expire this Friday. 📊 In this process, the nominal value of BTC options that will expire is 46.5 billion dollars, the Put Call Ratio is 0.6, the biggest pain point is 65000 dollars. 📈 The nominal value of ETH options is 34.7 billion dollars, the Put Call Ratio is 0.85, the biggest pain point is 3300 dollars.#cryptocurrency#blockchain

ENS Labs announced the ENS v2 plan, which aims to extend the Ethereum Name Service (ENS) to Layer 2. This aims to reduce Gas fees by moving some core features of ENS to Layer2. 🚀🔍💡 ENS allows users to collect their Ethereum addresses, other cryptocurrency addresses, content hashes, metadata, etc. It provides readable domains that they can match with. ENS v2 will bring changes such as reducing Gas fees, introducing a new architectural design, and improving multi-chain collaboration. 🔄🌐🔧

📰🔔 The US Securities and Exchange Commission (SEC) has approved form 19b-4 of 8 Ethereum spot ETFs. 📈 This shows that the regulatory body's attitude has changed from harshness to softening. 🎯 However, despite Hong Kong launching 6 crypto asset ETFs covering Bitcoin and Ethereum in April, market performance has been poor in the last month. 📉 This shows that the market tends to overestimate the short-term impact of new things and underestimate their long-term impact. 🤔

📉 Glassnode's new report states that Bitcoin is one step away from its historical peak and long-term holders have started accumulating Bitcoin for the first time since 2023. 😮 Last week, US-based Bitcoin ETFs saw net inflows of $242 million per day, indicating that the ETFs' buying pressure was almost eight times the $32 million in selling pressure that miners naturally generate each day. 📈 However, Glassnode notes that Bitcoin's price movement over the past three months has been more moderate than previous bull market cycles.#cryptonews#bitcoin

📢 Binance NFT market announced the "Forever Worldwide: The Road to Saudi Arabia" NFT collection with football legend Cristiano Ronaldo! ⚽🌍 This will be the fourth NFT series with Ronaldo. The collection includes seven NFTs with important places in Ronaldo's career: Madeira, Lisbon, Manchester, Madrid, Turin, Saudi Arabia and Portugal. 🏆 Each NFT will have a fixed price of $35. This NFT series will have four different rarity levels: Very Rare (SSR), Super Rare (SR), Rare (R) and Normal (N). 🚀

In the cryptocurrency market, it is important to determine and implement a successful strategy. MVC partner Paleking shared their strategies and experiences. The key to success in cryptocurrency trading is understanding market trends, determining the right timing, and managing risks. However, Paleking also noted that due to the high volatility of cryptocurrencies, large losses are inevitable. 📉💰🚀#Cryptocurrency#Blockchain #TradingStrategies

ZKasino, the decentralized betting platform that attracted 10515 ETH (approximately $33.2 million), announced that it has initiated the ETH bridge refund process for bridgers who did not participate in the ZKAS conversion. 😮📉 However, keep in mind that ZKasino is facing allegations of fraud and even Ethereum co-founder Vitalik Buterin stated that ZKasino does not use “ZK” (zero knowledge proof) technology. 😕🔍 This resulted in ZKasino having to refund investors. However, the community is still skeptical. 🧐💸

“Hong Kong SFC granted licenses to two cryptocurrency trading platforms, 18 applied and 11 were rejected or withdrawn. 📉 The government will keep in close communication with the SFC and ensure that all platforms process their applications quickly. The SFC will ensure that the crypto trading license is issued.” He stated that the 1-year transition period has ended and those who do not take action should stop working.