Cryptoz
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🇦🇪 Paxos introduced a stablecoin regulated in the UAE - Lift Dollar (#USDL).

“Lift Dollar (USDL) is the first stablecoin that brings daily income to its holders.” (blog)

The first clients are residents of Argentina (via Ripio, Buenbit and TiendaCrypto).

Paxos is the issuer of PayPal's stablecoin (#PYUSD) + previously minted #BUSD.

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#survey #banks
⚡️BNY Mellon - Approximately 39% of family offices in the United States are either already actively investing in the crypto industry or are just considering investing in this asset class.

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🤹 Robert Kiyosaki: "BITCOIN will cost $350,000 by August 25, 2024 - that's not a lie."

- “This is a bait for suckers, but it is not a lie, since any prediction about the future is not a lie.”

“I am confident that Bitcoin will reach $350,000 this year, but for now it is just a goal, a dream and my wish.”

- "I continue to buy more #BTC, #ETH and #SOL as I am confident in their future growth."

- "Is it because I'm so confident in myself? Or because I'm so in love with Bitcoin, Ethereum and Solana? My answer is No."

- "I am confident in the incompetence of our leaders - President Biden, Treasury Secretary "Howl" and Fed Chairman Powell. These characters are the three stooges in real life. Buy more gold, silver, BTC, SOL and ETH."

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🥳 #CFX The AxHKD stablecoin (on the Conflux blockchain) will be used for cross-border payments in Kazakhstan, Hong Kong and China.

AnchorX signed a Memorandum of Understanding with the Astana regulator, joining the delegation of the Ministry of Commerce of China and Hong Kong.

“The goal is to stimulate cross-border trade and business activity between Hong Kong and the Belt and Road countries through the #AxHKD stablecoin.”

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#eth
🔷 Scenarios and goals for Ethereum by 2030 from VanEck:

▫️Basic: $22,000
▫️Bull: $154,000
▫️Bearish: $360

“We expect spot Ethereum ETFs to be approved for trading on US stock exchanges soon.”

“This will allow financial advisors and institutions to own this unique asset.”

👉 Read the report: VanEck
(in English - translate in browser)

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#usdt
😳 TON Foundation and Tether have planned more than 100 collaborations to implement USDT on the TON blockchain.

“Payment companies from Africa, Southeast Asia, Europe, the Middle East and Latin America have already integrated USDT on the TON blockchain.”

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💵 #HOOD Robinhood will buy the Bitstamp crypto exchange.

Transaction amount = $200,000,000. (completion of the acquisition is scheduled for the 1st quarter of 2025)

Robinhood hopes to attract more institutions by expanding beyond US jurisdiction.

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💳 Binance exchange has resumed cooperation with Mastercard and Visa.

Customers will soon be able to make deposits/withdrawals via Mastercard + the exchange will begin issuing the Binance Visa card again.

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#scam
🔞 A Chinese student heated a crypto investor for $50,000 and paid... (thepaper)

A 24-year-old student from China created the BFF token on the BNBChain blockchain and deposited $300,000 into the liquidity pool as bait - when an unknown person bought the token for $50,000, the scammer withdrew all the money.

The court sentenced the “genius” to 4 years and 6 months in prison.

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#insight #etf #btc
🎯 Franklin Templeton will launch a new crypto fund to purchase tokens from crypto projects.

Franklin Templeton is the issuer of the American Bitcoin ETF, the company manages assets worth $1,530,000,000,000+.

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#insight
💰Bloomberg: The Kraken crypto exchange is preparing for an IPO – negotiations are underway to attract investments in the amount of $100,000,000.

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#onchain
🎯 CryptoQuant analysts believe that Bitcoin can be safely bought at current prices...as whales continue to accumulate the asset.

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🔥 US macro data:

▪️ Unemployment rate (May)

FACT: 4.0%
FORECAST: 3.9%
PREV: 3.9%

▪️ Change in the number of people employed in the non-agricultural sector (May)

FACT: 272K
FORECAST: 182K
PREV: 165K

▪️ Average hourly wage (compared to the same period last year) (YoY) (May)

FACT: 4.1%
FORECAST: 3.9%
PREV: 4.0%

▪️ Average hourly wage (MoM) (May)

FACT: 0.4%
FORECAST: 0.3%
PREV: 0.2%

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#gossip
😳 Elon Musk may quit Tesla if shareholders do not approve his salary of $56,000,000,000. (theverge)

Voting on wages will take place on June 13.

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#banks #insider
⛔️Customers Bank WILL CLOSE the bank accounts of some cryptocurrency hedge funds.

Customers Bank provides banking services to major players in the crypto industry (Coinbase, Circle, Galaxy Digital, etc.)

The scale of debanking is unknown – it will probably involve “round sums.” (perhaps the bank’s actions are simply related to the closure of inactive accounts)

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#breaking
⚠️ #WALLET Data leak in Ambire Wallet.

On June 5, hackers hacked the service provider for email newsletters “GetResponse” (a partner of Ambire Wallet).

23,723 users received phishing emails with cryptocurrency distribution (do not click on the links).

📍“Ambire Wallet accounts are safe”

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🕹️ #INJ Japanese gaming giant Gumi is a new Injective validator.

— Mobile games from Gumi are played by millions of users.

“Partnering with Gumi will drive adoption of the Injective blockchain in Japan, Asia and beyond + increase its value in the GameFi world.”

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#btc #etf
📊 First 6 months of spot Bitcoin ETF competitions.

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❗️The Norwegian government froze and returned $5.7 million related to the Ronin hack.

Sky Mavis said 15% of the funds will be used to cover expenses, with the remainder going into Axie Infinity's coffers.

Ronin was hacked in March 2022 for $600 million.

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⚡️Notcoin has 40 million users

What are the developers preparing now?
• Levels are available to new users
• Friends will give you % of what they earn
• Gold and Platinum will have access to the launch of top-tier tokens.
• Explore campaigns will be automated and projects will be able to launch them themselves.

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#doge #xrp
🧐 CEO Ripple criticized Dogecoin and called it an asset for speculation.

Ripple CEO Brad Garlinghouse criticized the Dogecoin (DOGE) memcoin. He stated that DOGE makes no practical contribution to the industry and has grown solely through speculation:

“I don’t think Dogecoin has brought any benefit to the industry. No, I’m not against Dogecoin, but I don’t know where to use it,” said the Ripple CEO.

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