Sentiment: Bitcoin's second drop below $67K on Thursday led to the second largest surge in buyer interest for $BTC crowds in the past 2 months. FOMO and greed manifest in two ways:

1) Prices surge, and traders want to jump in hoping that prices will continue to rise (as we saw on May 20).

2) Prices drop, traders don't believe the drop was justified, and they buy in hopes of a quick recovery (as we saw on June 13).

Were you in either of these camps at that time? Are you taking profits, fearing further price drops? Or perhaps you're just patiently holding onto your bags?

Sentiment: Top 10 exchange wallets on the networks of #ShibaInu , #Chainlink , and #Ethereum respectively. Since May 27, their holdings have decreased by:

$SHIB : -2.4% $LINK : -2.9% $ETH : -8.6%

The reduction in exchange reserves should be considered a positive sign for bullish traders.

Morning news from CrypticNews Hub

1. Bloomberg ETF Analyst: Previous predictions regarding the approval of the spot ETF S-1 Ethereum around July 4 may need to be postponed.

2. ZKsync: No significant issues with the airdrop design, but clarity is lacking in the details transfer.

3. Paradigm launches its third fund with a volume of $850 million USD.

4. Ripple cites its agreement with Terraform as grounds for a proposed reduction in the $2 billion USD fine by the SEC.

5. AO announces token savings: a total of 21 million tokens, 100% distributed among communities.

6. DeFi asset management platform Zapper plans to launch the ZAP token in Q4.

7. Leveraged trading protocol Particle completes a new round of strategic financing.

8. Web3 talent market Bondex completes a strategic financing round with participation from Animoca Brands.

9. Holograph contract attacked, resulting in hackers illegally mining 1 billion HLG tokens.

10. Coinbase International to launch perpetual futures for $BOME and $NOT

The S&P 500 and Nasdaq closed at new record highs for the fourth consecutive session on Thursday, gaining 0.2% and 0.3% respectively. This was driven by the rise in technology stocks, while the Dow Jones index lost 65 points. Investors compared cooler-than-expected inflation data with the Federal Reserve's moderate rate cut expectations. The latest PPI report indicated continued easing of inflationary pressures, reviving the possibility of multiple rate cuts this year. Broadcom shares surged 12.8% after raising revenue forecasts for AI chip sales and announcing a stock split, while Nvidia shares rose 3.5%. Tesla shares gained 2.7% after shareholders approved Elon Musk's $56 billion pay package and news of plans to relocate the company to Texas. Conversely, Virgin Galactic shares fell 14.2% following news of a reverse stock split.

Over the past decade, Nvidia has brought investors a 75% annual return.

Every $1000 invested in the company's stock is now worth approximately $270,000.

Santiment has presented the top cryptocurrencies related to NFTs based on notable development activity over the past 30 days. This list is compiled by counting all unreduced activity on each project's GitHub. Flow has surpassed Decentraland to take the number one spot after the projects switched places in last month's update.

Did you know that hedging costs are at record lows for the S&P 500 and Eurostoxx 50? This suggests it's not the best time to protect portfolios.

BofA's corporate clients are accelerating their share buyback process, outpacing the broader trend of buybacks in the S&P 500. This surge in activity is encouraging for investors.

The record inflow of funds into crypto funds in 2024 reflects the growing interest and trust in cryptocurrencies among both retail and institutional investors.

Don't you think it's time to liquidate long positions?

There is an increased risk of liquidating long positions, and the oscillator indicates that everything is pointing towards this.

The volume of Indian stocks has reached record levels.

The most successful European stocks over the last 10 years.

The green line, representing addresses with a balance of ≥ $100K, is outpacing the purple line, representing addresses with a balance of ≥ $1M. This indicates that medium-sized investors are accumulating more #Bitcoin faster than large investors.

Over the past three months, the volume of Bitcoin futures has remained stable, while the leverage ratio is high, causing price volatility.

Stable volume indicates active trading, whereas high leverage increases risk and amplifies price fluctuations, leading to more pronounced swings in the price of #Bitcoin .

The cost of hedging against downside risk has fallen to its lowest level in history.

Commercial real estate mortgages totaling $2 trillion will be repaid by 2026.

Citron founder Andrew Left has capitulated on his short position in GameStop $GME.

Japan has just sold external debt securities worth $17 billion, marking the largest sale in the past nine years.

South Korea extends the ban on short selling, addressing the issue of appropriate penalties for such activities.

India will need to build 100 million homes this decade to meet the demand driven by rising incomes. That seems like a lot of houses!