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.30 Million of Crypto Loss This Week in Various Attacks: Report In the last few days, the overall cryptocurrency market has struggled to gain momentum, with significant security uncertainties resulting in massive losses for investors and firms. Reflecting this uncertainty, today, on June 14, 2024, blockchain security firm CertiK Alert made a post on X, disclosing that the crypto market experienced over $30 million in losses due to various attacks this week. #CertiKStatsAlert This week, we've recorded over $30M of stolen assets from various attacks. This brings the total losses to around $85M since the beginning of June. Significantly, the double attack on the UwU Lend protocol resulted in a total loss of over $22M.At the mid… pic.twitter.com/cyBzNF38KH — CertiK Alert (@CertiKAlert) June 14, 2024 Crypto market hit by $85 million hacks With these massive losses, the total crypto stolen in various exploits and exit scams reached $85 million as of June 14, 2024. Notably, the majority of this week’s losses came from the DeFi lending protocol UwU Lend, which suffered a series of attacks by the same hacker, resulting in a loss of over $22 million. In response, the UwU Lend team is trying to contact the hackers and is offering a 20% bounty reward, equivalent to $5 million, to the hacker or to anyone who identifies the hacker. As we reach the midpoint of June, there’s been a noticeable increase in incidents, including exploits and exit scams, each causing losses of over $1 million. Experts are urging investors to exercise caution and for platforms to bolster their security measures to prevent further losses. The rise in these malicious activities highlights the critical need for improved safeguards in the rapidly evolving crypto landscape. Overview of the crypto market Besides these crypto hacks, exploits, and scams, the overall market is currently experiencing a significant price fall. According to data from CoinMarketCap, the cryptocurrency market has plummeted by over 2.1% in the last 24 hours. Top cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and many others have experienced substantial price drops in the last 24 hours, with a drastic market drop occurring in the last few hours. As of writing, BTC, ETH, and SOL have experienced price drops of 2%, 1.5%, and 4%, respectively, in the last 24 hours. #BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $SOL {spot}(SOLUSDT)

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30 Million of Crypto Loss This Week in Various Attacks: Report
In the last few days, the overall cryptocurrency market has struggled to gain momentum, with significant security uncertainties resulting in massive losses for investors and firms. Reflecting this uncertainty, today, on June 14, 2024, blockchain security firm CertiK Alert made a post on X, disclosing that the crypto market experienced over $30 million in losses due to various attacks this week.
#CertiKStatsAlert This week, we've recorded over $30M of stolen assets from various attacks. This brings the total losses to around $85M since the beginning of June. Significantly, the double attack on the UwU Lend protocol resulted in a total loss of over $22M.At the mid… pic.twitter.com/cyBzNF38KH
— CertiK Alert (@CertiKAlert) June 14, 2024
Crypto market hit by $85 million hacks
With these massive losses, the total crypto stolen in various exploits and exit scams reached $85 million as of June 14, 2024. Notably, the majority of this week’s losses came from the DeFi lending protocol UwU Lend, which suffered a series of attacks by the same hacker, resulting in a loss of over $22 million. In response, the UwU Lend team is trying to contact the hackers and is offering a 20% bounty reward, equivalent to $5 million, to the hacker or to anyone who identifies the hacker.
As we reach the midpoint of June, there’s been a noticeable increase in incidents, including exploits and exit scams, each causing losses of over $1 million. Experts are urging investors to exercise caution and for platforms to bolster their security measures to prevent further losses. The rise in these malicious activities highlights the critical need for improved safeguards in the rapidly evolving crypto landscape.
Overview of the crypto market
Besides these crypto hacks, exploits, and scams, the overall market is currently experiencing a significant price fall. According to data from CoinMarketCap, the cryptocurrency market has plummeted by over 2.1% in the last 24 hours. Top cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and many others have experienced substantial price drops in the last 24 hours, with a drastic market drop occurring in the last few hours.
As of writing, BTC, ETH, and SOL have experienced price drops of 2%, 1.5%, and 4%, respectively, in the last 24 hours.

#BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC
$BTC
$ETH
$SOL

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Tate is going to take over the whole crypto industry.
But only a few months ago he called all web3 guys 'dorks' and 'losers'. What changed?
Seems Andrew wants to get into crypto history... And also get more students to his Real World uni
Still, the fact remains the same - since the beginning of June Tate promoted at least 6 tokens.
That started with buying a Madonna token for $1M.
Then goes RNT(one of the most popular) and TopG. Andrew also mentioned Germany and Roost on Base.
During the RNT craze, Tate burned 37m. But that's still not the end.
$DADDY. Andrew got another shiny object and decided to promote it hard.
Just because of this attention, the token got 23,770x in 3 days. That set it from $12.2k to almost $300M in market cap
In the midnight of 14th June, Tate made a video for 4 minutes yelling he is going to burn all of his Daddy tokens.
That's $150M... And he really did it.
During the Real World live stream, Andrew burned all of them
But the price didn't go to the moon. In fact, during that moment, it went down.
Still, Tate is aiming to conquer the whole crypto market.
Why so? He explains he wants to become a real legend. This theory might be true
But right now it seems more like the marketing step for his Real World course.
Burning tokens on the live stream, promoting tokens there, helping people to earn on them - that's what can attract his fans.
And they will come sooner or later. Plus, the more crypto promotions Andrew will take, the more members the uni will get.
The lesson in it.

#BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC
$BTC
$ETH

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..Trezor, a leading manufacturer of hardware wallets, announced the launch of three new products today, June 14, aimed at enhancing the concept of self-custody of digital assets. This step comes as part of the company's endeavor to provide advanced and convenient solutions to users to maintain the security of their digital assets and manage them effectively. Trezor Safe 5 Wallet: Multi-currency protection with enhanced features One of the key products announced is the Trezor Safe 5 hardware wallet, which allows users to securely store, manage and use thousands of cryptocurrencies through Trezor apps available on desktop and mobile phones. Key Features of Trezor Safe 5 Wallet: Enhanced color touchscreen: Provides an interactive experience with haptic feedback for ease of use. New Secure Object Chip: Provides advanced protection for sensitive data and encryption processes. Advanced backup process: Includes a 20-word phrase to ensure easy asset recovery. Bitcoin-only wallet: Focused for Bitcoin enthusiasts The second product unveiled is a special version of the Trezor wallet dedicated solely to storing and managing Bitcoin. This release, as the name suggests, removes all non-Bitcoin features and code, allowing for a simplified and solely Bitcoin-focused experience. Bitcoin-only versions of the Trezor Safe 3 and Safe 5 will be available for sale to the public, giving users a dedicated option for fans of the world's number one digital currency. Trezor also introduced a new service called “Trezor Expert,” a personal rehabilitation service that provides online training sessions. This service is intended for users who need additional assistance from Trezor specialists to ensure their self-custody wallet is set up correctly and securely. Trezor leverages open source code, allowing the community to participate in reviewing and analyzing bugs and vulnerabilities. Although this openness may increase the risk of stolen devices being compromised, the Trezor Safe 5 wallet is certified EAL 6+, which means it has undergone extensive testing to confirm its ability to withstand advanced attacks. With the launch of these new products, Trezor strengthens its position as a leader in the crypto hardware wallet market. #BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT)

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Trezor, a leading manufacturer of hardware wallets, announced the launch of three new products today, June 14, aimed at enhancing the concept of self-custody of digital assets.

This step comes as part of the company's endeavor to provide advanced and convenient solutions to users to maintain the security of their digital assets and manage them effectively.

Trezor Safe 5 Wallet: Multi-currency protection with enhanced features
One of the key products announced is the Trezor Safe 5 hardware wallet, which allows users to securely store, manage and use thousands of cryptocurrencies through Trezor apps available on desktop and mobile phones.

Key Features of Trezor Safe 5 Wallet:
Enhanced color touchscreen: Provides an interactive experience with haptic feedback for ease of use.
New Secure Object Chip: Provides advanced protection for sensitive data and encryption processes.
Advanced backup process: Includes a 20-word phrase to ensure easy asset recovery.
Bitcoin-only wallet: Focused for Bitcoin enthusiasts
The second product unveiled is a special version of the Trezor wallet dedicated solely to storing and managing Bitcoin.

This release, as the name suggests, removes all non-Bitcoin features and code, allowing for a simplified and solely Bitcoin-focused experience.

Bitcoin-only versions of the Trezor Safe 3 and Safe 5 will be available for sale to the public, giving users a dedicated option for fans of the world's number one digital currency.

Trezor also introduced a new service called “Trezor Expert,” a personal rehabilitation service that provides online training sessions.

This service is intended for users who need additional assistance from Trezor specialists to ensure their self-custody wallet is set up correctly and securely.

Trezor leverages open source code, allowing the community to participate in reviewing and analyzing bugs and vulnerabilities.

Although this openness may increase the risk of stolen devices being compromised, the Trezor Safe 5 wallet is certified EAL 6+, which means it has undergone extensive testing to confirm its ability to withstand advanced attacks.

With the launch of these new products, Trezor strengthens its position as a leader in the crypto hardware wallet market.

#BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC
$BTC
$ETH

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...Profiting through meme coins: Michael Novogratz comments about this! Memecoins have witnessed an unparalleled boom this year, with their market value reaching nearly $60 billion amid a general market recovery. Although some analysts criticize the dominance of these currencies over other, more serious projects in the digital currency industry, Michael Novogratz, president of Galaxy Digital, believes that these currencies have a strong narrative in the digital economy. Michael Novogratz’s opinion on meme coins: Speaking about how investors can benefit from meme-themed cryptocurrencies, Novogratz pointed to two main ways. In an interview with Business Untitled, Novogratz explained that the first method is about choosing the appropriate meme coin to invest in, while the second method is to create a new meme coin. Novogratz said: Whether you like them or not, meme coins have become a cornerstone of the cryptocurrency economy… In the current market, it is one of the strongest trends out there. His comments came in the context of a report issued by Galaxy Digital, in which the company defended the idea that meme currencies are not just a passing trend. Instead, the report argues that the primary purpose of these currencies is to create wealth. Risks associated with meme-themed digital currencies: Despite the significant growth witnessed by the meme-themed digital currency market, in which the volume of instant trading on trading platforms reached about $13 billion last March, there remain many risks associated with investing in these currencies. According to a recent report from CoinShares, there are significant challenges such as market manipulation and liquidity issues resulting from the concentration of assets among a small number of coin holders. This concentration of assets makes the market vulnerable to large price fluctuations when these whales make huge trades, which may lead to liquidity problems, especially on decentralized trading platforms. In addition, a high Gini coefficient of 0.8 indicates a high concentration of holding of these currencies, which increases the risks associated with them. So, although meme currencies have provided great opportunities for investors to make profits, they come with a set of risks that investors must take into consideration. Outperforming in this market requires a precise understanding of the dynamics affecting these currencies and the ability to adapt to their fluctuations. While some experts believe that these currencies hold tremendous potential, investors should be cautious and rely on thoughtful investment strategies#BinanceTournament #BTCFOMCWatch #AirdropGuide #CPIAlert #ETFvsBTC $MEME {future}(MEMEUSDT) $SHIB {spot}(SHIBUSDT)

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Profiting through meme coins: Michael Novogratz comments about this!
Memecoins have witnessed an unparalleled boom this year, with their market value reaching nearly $60 billion amid a general market recovery.

Although some analysts criticize the dominance of these currencies over other, more serious projects in the digital currency industry, Michael Novogratz, president of Galaxy Digital, believes that these currencies have a strong narrative in the digital economy.

Michael Novogratz’s opinion on meme coins:
Speaking about how investors can benefit from meme-themed cryptocurrencies, Novogratz pointed to two main ways.

In an interview with Business Untitled, Novogratz explained that the first method is about choosing the appropriate meme coin to invest in, while the second method is to create a new meme coin.

Novogratz said:

Whether you like them or not, meme coins have become a cornerstone of the cryptocurrency economy…

In the current market, it is one of the strongest trends out there.

His comments came in the context of a report issued by Galaxy Digital, in which the company defended the idea that meme currencies are not just a passing trend.

Instead, the report argues that the primary purpose of these currencies is to create wealth.

Risks associated with meme-themed digital currencies:
Despite the significant growth witnessed by the meme-themed digital currency market, in which the volume of instant trading on trading platforms reached about $13 billion last March, there remain many risks associated with investing in these currencies.

According to a recent report from CoinShares, there are significant challenges such as market manipulation and liquidity issues resulting from the concentration of assets among a small number of coin holders.

This concentration of assets makes the market vulnerable to large price fluctuations when these whales make huge trades, which may lead to liquidity problems, especially on decentralized trading platforms.

In addition, a high Gini coefficient of 0.8 indicates a high concentration of holding of these currencies, which increases the risks associated with them.

So, although meme currencies have provided great opportunities for investors to make profits, they come with a set of risks that investors must take into consideration.

Outperforming in this market requires a precise understanding of the dynamics affecting these currencies and the ability to adapt to their fluctuations.

While some experts believe that these currencies hold tremendous potential, investors should be cautious and rely on thoughtful investment strategies#BinanceTournament #BTCFOMCWatch #AirdropGuide #CPIAlert #ETFvsBTC
$MEME
$SHIB

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...The legal struggle between Ripple and the US Securities and Exchange Commission (SEC) has been ongoing for more than three years, with the legal struggle recently entering a decisive phase. As is known, the lawsuit revolves around accusations that the company and some of its executives sold unregistered securities through XRP. Earlier this year, the SEC called for a $2 billion fine against Ripple as a result of these alleged violations. But Ripple rejected these claims, with the company's chief legal officer, Stuart Alderotti, indicating that the appropriate fine should not exceed $10 million. Recently, Ripple's lawyers strengthened their position, comparing the case to that of Terraform Labs, which agreed to pay a fine of $4.47 billion due to its fraudulent activity. This amount includes $3.6 billion in damages and $466 million in interest, as well as a $420 million civil penalty. Ripple's defense team confirmed that the US Securities and Exchange Commission had previously agreed that civil penalties should range from 0.6% to 1.8% of the defendant's total revenue. They noted that this ratio was applied to Terraform Labs. Accordingly, Ripple's lawyers considered that an appropriate fine for the company should not exceed $10 million. The defense added that a jury in Manhattan found that Terraform Labs and its founder, Do Kwon, were responsible for one of the largest securities fraud operations in US history. By contrast, the case between Ripple and the SEC does not involve any direct allegations of fraud, strengthening the company's position that the fine should be much lower. The SEC could be viewed by some as the weaker party in this lawsuit, especially after Ripple's partial victories in court during 2023. The price of XRP has been responding positively to each victory, indicating that a decisive victory could lead to a significant rise in the value of the coin once again. It remains to be seen how this complex case will develop in the coming months and whether Ripple will be able to achieve a satisfactory settlement or the case will take a new turn in the ongoing legal battle. #BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC $BTC {spot}(BTCUSDT) $XRP {spot}(XRPUSDT)

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The legal struggle between Ripple and the US Securities and Exchange Commission (SEC) has been ongoing for more than three years, with the legal struggle recently entering a decisive phase.

As is known, the lawsuit revolves around accusations that the company and some of its executives sold unregistered securities through XRP.

Earlier this year, the SEC called for a $2 billion fine against Ripple as a result of these alleged violations.

But Ripple rejected these claims, with the company's chief legal officer, Stuart Alderotti, indicating that the appropriate fine should not exceed $10 million.

Recently, Ripple's lawyers strengthened their position, comparing the case to that of Terraform Labs, which agreed to pay a fine of $4.47 billion due to its fraudulent activity.

This amount includes $3.6 billion in damages and $466 million in interest, as well as a $420 million civil penalty.

Ripple's defense team confirmed that the US Securities and Exchange Commission had previously agreed that civil penalties should range from 0.6% to 1.8% of the defendant's total revenue.

They noted that this ratio was applied to Terraform Labs.

Accordingly, Ripple's lawyers considered that an appropriate fine for the company should not exceed $10 million.

The defense added that a jury in Manhattan found that Terraform Labs and its founder, Do Kwon, were responsible for one of the largest securities fraud operations in US history.

By contrast, the case between Ripple and the SEC does not involve any direct allegations of fraud, strengthening the company's position that the fine should be much lower.

The SEC could be viewed by some as the weaker party in this lawsuit, especially after Ripple's partial victories in court during 2023.

The price of XRP has been responding positively to each victory, indicating that a decisive victory could lead to a significant rise in the value of the coin once again.

It remains to be seen how this complex case will develop in the coming months and whether Ripple will be able to achieve a satisfactory settlement or the case will take a new turn in the ongoing legal battle.

#BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC
$BTC
$XRP

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The digital currency TON overtakes XRP in terms of market capitalization

Cryptocurrencies have recently witnessed notable fluctuations in their ranking according to market capitalization, as Toncoin (TON) was able to surpass Ripple’s XRP, according to data issued by “CoinCodex.”

TON's current market cap is about $27.38 billion, compared to $26.57 billion for XRP.

In the past 24 hours, the value of Toncoin has risen by more than 2%, while the value of XRP has fallen by 1.55% in the same time period.

TON's exceptional performance:
Toncoin, the original cryptocurrency of the Telegram Open Network, has performed exceptionally well over the past year.

Its price increased by 456%, making it outperform 80% of the top 100 cryptocurrencies by market capitalization.

Much of this success can be attributed to the continued growth in Total Value Locked (TVL) on the TON Network, which has now surpassed the $500 million mark.

Leading projects on the TON network include Tonstakers, DeDust and STON.fi, which have contributed significantly to this growth.

XRP performance decline:
In contrast, XRP was one of the cryptocurrencies that witnessed a disappointing performance within the top 100 list.

Despite its significant rise last July after Ripple's partial victory in its legal case against the SEC, XRP could not maintain its momentum and lost most of its gains.

This poor performance makes it look less attractive compared to other cryptocurrencies, such as TON.

Analyst Bill Morgan notes that XRP's 85.9% decline from its record high makes it one of the worst performing coins alongside Cardano (ADA) and Polkadot (DOT).

It should be noted that XRP still outperforms TON on some other platforms such as CoinGecko and coinmarketcap, which reflects differences in data between the tracking sites.

#BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC
$XRP
$DOT
$ADA

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The digital currency market has witnessed significant fluctuations over the past few days, as prices continue to fluctuate after the notable declines recorded in the previous week.

Traders are currently trying to determine the next trend, with many major cryptocurrencies at critical levels.

Bitcoin price is trading sideways between $66,000 and $70,000
Bitcoin is having difficulty settling above $67,000.

After falling to this level earlier in the week, trading in this critical area has continued.

At the moment of writing this article, the value of Bitcoin was trading near $67,000, recording a 1% decline over the past 24 hours.

The price chart indicates a failed attempt to break the $68,000 level yesterday, as selling pressure prevented any further rise.

This volatility led to the liquidation of many highly leveraged positions, with nearly $110 million liquidated in the past 24 hours, including $30 million tied to Bitcoin.

The altcoin market has been no exception to these challenges, with most of the coins in the top 100 by market cap seeing no significant progress.

Except for the clear and frank brilliance of the TON coin, which rose to the level of approximately $8, recording an increase of approximately 6%.

Currently, the total value of the crypto market is estimated at slightly more than $2.5 trillion

#BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC
$BTC

New Memecoin Shiba on Cocaine (SHIBCOC) to Skyrocket 18,000% As KuCoin Listing Announced, As Shib... Shiba on Cocaine could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Shiba on Cocaine (SHIBCOC), a new Solana memecoin that was launched in the last 24 hours, is poised to explode over 18,000% in price in the coming days. This is because SHIBCOC has announced its first centralized exchange listing, which will be on KuCoin. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Shiba on Cocaine can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Shiba on Cocaine could become the next viral memecoin. Shiba on Cocaine launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. To buy Shiba on Cocaine on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Shiba on Cocaine by entering its contract address – 8mwQ1DXhenhdE8tqrypwZtKE377rNdREr7Jjfv4tFi6P – in the receiving field. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like SHIBCOC. #BTCFOMCWatch #BinanceTournament #CPIAlert #TopCoinsJune2024 #ETFvsBTC $DOGE {spot}(DOGEUSDT) $SHIB {spot}(SHIBUSDT) $WIF {spot}(WIFUSDT)

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New Memecoin Shiba on Cocaine (SHIBCOC) to Skyrocket 18,000% As KuCoin Listing Announced, As Shib...
Shiba on Cocaine could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Shiba on Cocaine (SHIBCOC), a new Solana memecoin that was launched in the last 24 hours, is poised to explode over 18,000% in price in the coming days.
This is because SHIBCOC has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Shiba on Cocaine can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Shiba on Cocaine could become the next viral memecoin.
Shiba on Cocaine launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Shiba on Cocaine on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Shiba on Cocaine by entering its contract address – 8mwQ1DXhenhdE8tqrypwZtKE377rNdREr7Jjfv4tFi6P – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like SHIBCOC.

#BTCFOMCWatch #BinanceTournament #CPIAlert #TopCoinsJune2024 #ETFvsBTC
$DOGE
$SHIB
$WIF

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Bitcoin Price Prediction

Bitcoin is currently consolidating within a wide trading range, with resistance at $67,750 and support around $66,000, signalling a neutral Bitcoin price prediction. A breakout from this range could trigger significant market movements.

Key technical levels to watch include the pivot point at $67,750, immediate resistance at $68,600, and next resistance at $70,000. Immediate support is located at $66,200, with the next support level at $65,200.

On the 4-hour timeframe, both the 50-day EMA, currently at $68,400, and the RSI, at 43, suggest a neutral to bearish bias. A sell position could be considered below $67,750, with a potential target of $65,200 upon a break below $66,000. However, a break above $67,750 could fuel further bullish

#BinanceTournament #BTCFOMCWatch #AirdropGuide #CPIAlert #ETFvsBTC
$BTC

Bitcoin (BTC) has recently experienced a tumultuous period, with prices dropping to $66,000 amidst significant outflows from spot Bitcoin ETFs. This downward trend has been further fueled by the Federal Reserve’s revised rate-cut projections and mixed signals from recent economic data. As investors grapple with market uncertainty and shifting expectations, the question arises: Is the sell-off over, or could Bitcoin prices face further declines? This analysis delves into the key factors influencing Bitcoin’s current price trajectory and explores potential future scenarios for the cryptocurrency market. Bitcoin’s Price Volatility Triggers ETF Outflows Recent price volatility in Bitcoin, with a drop below $66,300, has resulted in significant outflows from spot Bitcoin ETFs: Total outflows: $226.21 million Largest withdrawals: Fidelity ($106 million) Exception: BlackRock ($18 million inflow 1/5 Investors are cooling off on US spot Bitcoin ETFs, with these funds experiencing a significant net outflow of $226.21 million yesterday. Fidelity’s FBTC bore the brunt, seeing its second-largest net outflow day ever with $106 million leaving the fund. #Bitcoin #ETFs pic.twitter.com/rGkprBQ6jN — Solo (@1S0L0) June 14, 2024 Currently, spot Bitcoin ETFs manage approximately $58 billion, representing 4.5% of the total Bitcoin supply. Investors should closely monitor: Bitcoin price trends: Ongoing volatility may continue to influence investor sentiment. Institutional sentiment: ETF outflows reflect reduced demand from institutional investors. External factors: Potential Federal Reserve interest rate cuts and the launch of spot Ethereum ETFs could positively impact Bitcoin prices. Overall, the substantial outflows from spot Bitcoin ETFs, driven by recent price instability, could negatively impact Bitcoin prices by diminishing demand from institutional investors. #BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC $ETH {spot}(ETHUSDT) $BTC {spot}(BTCUSDT)

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Bitcoin (BTC) has recently experienced a tumultuous period, with prices dropping to $66,000 amidst significant outflows from spot Bitcoin ETFs. This downward trend has been further fueled by the Federal Reserve’s revised rate-cut projections and mixed signals from recent economic data.

As investors grapple with market uncertainty and shifting expectations, the question arises: Is the sell-off over, or could Bitcoin prices face further declines? This analysis delves into the key factors influencing Bitcoin’s current price trajectory and explores potential future scenarios for the cryptocurrency market.

Bitcoin’s Price Volatility Triggers ETF Outflows

Recent price volatility in Bitcoin, with a drop below $66,300, has resulted in significant outflows from spot Bitcoin ETFs:

Total outflows: $226.21 million

Largest withdrawals: Fidelity ($106 million)

Exception: BlackRock ($18 million inflow

1/5 Investors are cooling off on US spot Bitcoin ETFs, with these funds experiencing a significant net outflow of $226.21 million yesterday. Fidelity’s FBTC bore the brunt, seeing its second-largest net outflow day ever with $106 million leaving the fund. #Bitcoin #ETFs pic.twitter.com/rGkprBQ6jN

— Solo (@1S0L0) June 14, 2024

Currently, spot Bitcoin ETFs manage approximately $58 billion, representing 4.5% of the total Bitcoin supply.
Investors should closely monitor:

Bitcoin price trends: Ongoing volatility may continue to influence investor sentiment.

Institutional sentiment: ETF outflows reflect reduced demand from institutional investors.

External factors: Potential Federal Reserve interest rate cuts and the launch of spot Ethereum ETFs could positively impact Bitcoin prices.

Overall, the substantial outflows from spot Bitcoin ETFs, driven by recent price instability, could negatively impact Bitcoin prices by diminishing demand from institutional investors.

#BinanceTournament
#AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC
$ETH
$BTC

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Top Cryptos in 2024 10x 100x Avalanche (AVAX) Price Overview: Downward Movement Continues AVAX currently trades between $30.36 and $36.41. It faces resistance at $39.83 and support at $27.73. The 10-day and 100-day averages are similar, around $32.50. The RSI is low at 43.22, showing weaker buying strength. Stochastic is also low at 6.65. MACD points to a minor bearish trend. The coin has lost 12.02% in the past week and 18.90% in six months, indicating a corrective phase. Hashflow (HFT) Price Overview and Forecast Hashflow (HFT) is trading within a range of $0.24 to $0.31. It has faced a one-week price drop of 17.88%, and over the last month, it has fallen by 10.15%. In the past six months, HFT's price decreased by 26.27%. The coin is now showing corrective moves, with an RSI of 39.69, indicating it is approaching oversold conditions. Current resistance stands at $0.35, while support levels are at $0.22. Polkadot (DOT) Price Overview and Prediction Polkadot (DOT) is currently in a corrective phase, as evidenced by its decline of 10.74% over the past week and 2.85% over the past month. Its current price ranges between $5.92 and $7.23, with the nearest resistance level at $7.93 and support at $5.31. The RSI at 39.70 and Stochastic at 2.33 suggest an oversold condition. Based on the Simple Moving Averages, DOT is likely to remain in this range in the near term. Osmosis (OSMO) Price Overview: Current Trends and Future Outlook Osmosis (OSMO) is trading between $0.67 and $0.82. In the past week, its price dropped by 27.20%, and over the past month, it lost 23.21%. Over the last six months, OSMO's price declined by 54.45%. The nearest resistance is at $0.92, while its nearest support is at $0.62. The Relative Strength Index is 37.95, and the Stochastic is 3.35, signaling a corrective move. Current indicators suggest a challenging period for OSMO. Conclusion These cryptos show promise but offer less immediate gains. #BinanceTournament #BTCFOMCWatch #CPIAlert #TopCoinsJune2024 #ETFvsBTC $AVAX {spot}(AVAXUSDT) $DOT {spot}(DOTUSDT) $OSMO {spot}(OSMOUSDT)

Top Cryptos in 2024 10x 100x

Avalanche (AVAX) Price Overview: Downward Movement Continues
AVAX currently trades between $30.36 and $36.41. It faces resistance at $39.83 and support at $27.73. The 10-day and 100-day averages are similar, around $32.50. The RSI is low at 43.22, showing weaker buying strength. Stochastic is also low at 6.65. MACD points to a minor bearish trend. The coin has lost 12.02% in the past week and 18.90% in six months, indicating a corrective phase.

Hashflow (HFT) Price Overview and Forecast
Hashflow (HFT) is trading within a range of $0.24 to $0.31. It has faced a one-week price drop of 17.88%, and over the last month, it has fallen by 10.15%. In the past six months, HFT's price decreased by 26.27%. The coin is now showing corrective moves, with an RSI of 39.69, indicating it is approaching oversold conditions. Current resistance stands at $0.35, while support levels are at $0.22.

Polkadot (DOT) Price Overview and Prediction
Polkadot (DOT) is currently in a corrective phase, as evidenced by its decline of 10.74% over the past week and 2.85% over the past month. Its current price ranges between $5.92 and $7.23, with the nearest resistance level at $7.93 and support at $5.31. The RSI at 39.70 and Stochastic at 2.33 suggest an oversold condition. Based on the Simple Moving Averages, DOT is likely to remain in this range in the near term.

Osmosis (OSMO) Price Overview: Current Trends and Future Outlook
Osmosis (OSMO) is trading between $0.67 and $0.82. In the past week, its price dropped by 27.20%, and over the past month, it lost 23.21%. Over the last six months, OSMO's price declined by 54.45%. The nearest resistance is at $0.92, while its nearest support is at $0.62. The Relative Strength Index is 37.95, and the Stochastic is 3.35, signaling a corrective move. Current indicators suggest a challenging period for OSMO.

Conclusion
These cryptos show promise but offer less immediate gains.

#BinanceTournament #BTCFOMCWatch #CPIAlert #TopCoinsJune2024 #ETFvsBTC
$AVAX
$DOT
$OSMO

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Why is crypto down today?

The crypto market has seen another red day.
Over the past 24 hours, the global cryptocurrency market capitalization fell 0.6%. It currently stands at $2.56 trillion.

About 20 coins of the top 100 have seen their price increase in this period.

The winner is Uniswap (UNI), with a rise of 7.9% to the price of $10.64.

The second-best performer is ONDO. It’s up 3.3% trading at $1.34.

Other coins on this are up 3% and less.

As for the red coins, Stacks (STX) fell the most. It’s down 10%, trading at $2.

Injective (INJ) is behind it. It fell 6.9% to $28.15.

Now, looking at the top 10 coins per market cap, we find that most of them are red

Solana (SOL) dropped the most in the past day. It fell 3.2% to $147.5.

It’s followed by XRP, which is down 2%, trading at $0.47766.

The rest of them dropped 1% and less.

On the other hand, three coins in this category are green today.

Toncoin (TON) is the best performer with a 2% increase, changing hands at $7.8.

Ethereum (ETH) and Lido Staked Ether (STETH) are up around 0.1% to $3,516.

At the same time, Bitcoin (BTC) fell 1% to $66,938.

Meanwhile, Julio Moreno, the head of research at CryptoQuant, noted the surge in ETH demand. He stated that long-term holder purchases reached the second-highest level on record.

Within 24 hours on June 12, the accumulation addresses acquired approximately 298,000 ETH.

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$UNI
$INJ
$ETH

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Corporate Bitcoin Holders Start to Reap Rewards

A number of major corporate investors in Bitcoin, including Microstrategy, have already seen their profits skyrocket.

As per data aggregated by Saylortracker, at current market prices of around $67,000, MicroStrategy’s position now commands a total valuation exceeding $14.59 billion.

This means the company sits on tremendous unrealized profits of almost $6.5 billion on paper – reflecting a gain of almost 104% yield-to-date from an investment allocation started under Saylor back in 2020.

MicroStrategy’s successful Bitcoin strategy has also led to other public companies considering adding Bitcoin to their balance sheet.

Back in April, Metaplanet revealed its decision to incorporate Bitcoin into its treasury assets due to several factors.

Firstly, it aims to minimize its exposure to the Japanese yen, which has been significantly impacted by Japan’s low-interest-rate environment.

In a shareholder update, Metaplanet expressed concern about the yen’s vulnerability and highlighted Bitcoin’s potential as a hedge against inflation, a tool for macroeconomic resilience, and a source of long-term capital appreciation.

#BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC
$BTC

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MicroStrategy: $500M To Buy More Bitcoin

The notes will be unsecured senior obligations of the company, with interest payable semi-annually on June 15 and December 15, starting December 15, 2024. The offering’s completion is subject to market conditions, and there is no guarantee regarding the timing or specific terms. From June 20, 2029, MicroStrategy may choose to redeem all or part of the notes for cash, subject to certain conditions.

The private offering targets qualified institutional buyers as defined by Rule 144A of the Securities Act of 1933.

https://twitter.com/saylor/status/1801202266768326895

Investors can convert the notes into cash, MicroStrategy’s class A common stock, or a combination of both, providing a versatile financial instrument aligned with the company’s growth and investment strategy. The specific conversion terms, including the rate and price, will be determined at the offering’s pricing.

According to the press release, the convertible senior notes and any shares of MicroStrategy’s class A common stock resulting from conversions will not be registered under the Securities Act or state securities laws, making them ineligible for offer or sale in the United States without registration or an applicable exemption.

Ultimately, MicroStrategy plans to use the proceeds from this offering to strengthen its Bitcoin holdings and support general corporate purposes. This move aligns with Chairman Michael Saylor’s commitment to Bitcoin as a strategic asset. MicroStrategy proudly holds 214,400 BTC, valued at over $14 billion, making it the largest publicly listed Bitcoin holder.

The company began accumulating Bitcoin in 2020, adopting it as a primary reserve asset.

#BinanceTournament #BTCFOMCWatch #CPIAlert #TopCoinsJune2024 #ETFvsBTC
$BTC

...Bitcoin has the potential to reach $1 million by 2033, with a projected cycle-high of $200,000 by 2025, according to analysts at Bernstein. The prediction comes as Bernstein initiated coverage of MicroStrategy, a software developer and the largest corporate holder of Bitcoin. The research report assigned an outperform rating to MicroStrategy, which currently possesses 1.1% of the global supply of the leading cryptocurrency, equivalent to approximately $14.5 billion. MicroStrategy Becomes Major Player in Crypto Space In just four years, MicroStrategy has transformed itself from a small software company to a major player in the crypto space. The company’s founder and chairman, Michael Saylor, has played a pivotal role in positioning MicroStrategy as a prominent Bitcoin-focused firm. Saylor’s leadership has attracted significant capital, both debt and equity, enabling the company to implement an active Bitcoin acquisition strategy. MicroStrategy currently holds 214,400 Bitcoin, which it began accumulating in 2020 as a reserve asset. Bernstein initiated coverage of MicroStrategy with a $2,890 price target, while the company’s shares closed at around $1,484 on the Nasdaq exchange. The analysts, Gautam Chhugani and Mahika Sapra, highlighted MicroStrategy’s active leveraged Bitcoin strategy, which differentiates it from passive spot exchange-traded funds (ETFs). Over the past four years, MicroStrategy’s active approach has resulted in a higher amount of Bitcoin per equity share. Bernstein’s price forecast for Bitcoin is driven by the unprecedented demand from spot ETFs and the limited supply of the cryptocurrency. The analysts now estimate that Bitcoin could potentially reach $500,000 by 2029, with the 2025 estimate revised from $150,000. MicroStrategy’s long-term convertible debt strategy allows the company to capitalize on the potential upside of Bitcoin while minimizing liquidation risk associated with the cryptocurrency on its balance sheet. In a recent development, MicroStrategy proposed a $500 million debt sale of convertible notes to further bolster its Bitcoin holdings. This move showcases the company’s commitment to expanding its Bitcoin portfolio and leveraging its position in the crypto market. #BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC $BTC {spot}(BTCUSDT)

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Bitcoin has the potential to reach $1 million by 2033, with a projected cycle-high of $200,000 by 2025, according to analysts at Bernstein.

The prediction comes as Bernstein initiated coverage of MicroStrategy, a software developer and the largest corporate holder of Bitcoin.

The research report assigned an outperform rating to MicroStrategy, which currently possesses 1.1% of the global supply of the leading cryptocurrency, equivalent to approximately $14.5 billion.

MicroStrategy Becomes Major Player in Crypto Space

In just four years, MicroStrategy has transformed itself from a small software company to a major player in the crypto space.

The company’s founder and chairman, Michael Saylor, has played a pivotal role in positioning MicroStrategy as a prominent Bitcoin-focused firm.

Saylor’s leadership has attracted significant capital, both debt and equity, enabling the company to implement an active Bitcoin acquisition strategy.

MicroStrategy currently holds 214,400 Bitcoin, which it began accumulating in 2020 as a reserve asset.

Bernstein initiated coverage of MicroStrategy with a $2,890 price target, while the company’s shares closed at around $1,484 on the Nasdaq exchange.

The analysts, Gautam Chhugani and Mahika Sapra, highlighted MicroStrategy’s active leveraged Bitcoin strategy, which differentiates it from passive spot exchange-traded funds (ETFs).

Over the past four years, MicroStrategy’s active approach has resulted in a higher amount of Bitcoin per equity share.

Bernstein’s price forecast for Bitcoin is driven by the unprecedented demand from spot ETFs and the limited supply of the cryptocurrency.

The analysts now estimate that Bitcoin could potentially reach $500,000 by 2029, with the 2025 estimate revised from $150,000.

MicroStrategy’s long-term convertible debt strategy allows the company to capitalize on the potential upside of Bitcoin while minimizing liquidation risk associated with the cryptocurrency on its balance sheet.

In a recent development, MicroStrategy proposed a $500 million debt sale of convertible notes to further bolster its Bitcoin holdings.

This move showcases the company’s commitment to expanding its Bitcoin portfolio and leveraging its position in the crypto market.

#BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #ETFvsBTC
$BTC

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Recently, the Toncoin network, which is linked to the Telegram application, has witnessed a noticeable increase in activity compared to the Ethereum network, which is one of the older networks and has dominated the decentralized applications scene for some time.

Data from Artemis indicates that Toncoin has regularly outperformed Ethereum in terms of the number of unique daily addresses executing transactions during most days this month.

On June 3, the number of unique daily addresses for Toncoin jumped to 568,300, the highest level this year, significantly exceeding the number of active addresses on Ethereum, which reached 351,400, by a difference of 62%.

This rapid increase reflects the significant changes taking place in the cryptocurrency sector.

Noticeable increase in daily transaction volume:
Since mid-March, the daily transaction volume of the Toncoin network has exceeded that of Ethereum.

On May 17, the number of daily transactions on Toncoin reached 9 million, compared to 1.1 million transactions on Ethereum on the same day.

This sharp rise in user activity is attributed to Telegram's massive user base of 900 million users, according to a Delphi Digital report.

Currently, TON is trading at $7.5, having recovered from a two-month low of $6.76 on June 11.

Over the past 24 hours, trading volume has increased by more than 100%, reaching $491 million, according to CoinMarketCap data.

This price recovery has enabled significant profits for many TON holders, as the value of the coin has seen a 9% increase.

The profit-to-loss ratio for TON transactions, at 14.22, marks its highest level since February, reflecting a large number of investors achieving positive returns.

Social metrics from Santiment reinforce this optimistic outlook, showing a positive metric with a weight of 0.75, reflecting an optimistic outlook of the cryptocurrency community towards TON.

#BinanceTournament #BTCFOMCWatch #CPIAlert #TopCoinsJune2024 #ETFvsBTC
$ETH

ETH

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With 0.01 usdt you may win 1BNB click here👇👇👇

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A court in Uzbekistan issued a 10-day administrative prison sentence against a 24-year-old student, graduate of Termez State University, for selling a cryptocurrency.

Termaz State University is a public educational institution located in the city of Termaz, the capital of Surkhandarya Province in Uzbekistan.

This ruling came after the court found him guilty of violating the laws related to the trading of cryptocurrencies in the country.

The case began when the Tashkent City Department of Internal Affairs (DIA) received a complaint on June 1.

The investigation following the complaint revealed that the student was involved in illegal transactions related to cryptocurrencies, which he carried out using his smartphone and bank card.

During the court session, the student admitted to selling a cryptocurrency known as “notcoin” via the Telegram application, for an amount of 800,000 Uzbekistani soms (about $63).

He explained that he was not aware that these actions were a violation of the law, and asked for leniency from the court.

After hearing the circumstances of the case and the student’s confessions, the Chilanzar District Criminal Court decided to convict him under the first part of Article 155-4 of the Code of Administrative Liability, which addresses crimes related to cryptocurrency legislation in Uzbekistan.

This case highlights the increasing importance of awareness of the laws governing cryptocurrency trading, and the potential legal risks that individuals may face when engaging in such activities especially in geographic locations that prohibit them.

#BinanceTournament #BTCFOMCWatch #CPIAlert #TopCoinsJune2024 #ETFvsBTC
$NOT

NOT