Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
US Judge Grants Bankrupt Crypto Lender Celsius Greenlight To Convert Altcoins Into Bitcoin and Ethereum
A US judge is ruling that bankrupt crypto lender Celsius may convert its altcoin holdings into Bitcoin (BTC) and Ethereum (ETH) as a form of financial relief.
In a new court document, Judge Martin Glenn of the Southern District of New York has ruled that starting on July 1st, the troubled crypto firm will be allowed to convert all non-BTC and non-ETH cryptocurrencies into the top two digital assets by market cap.
A US judge is ruling that bankrupt crypto lender Celsius may convert its altcoin holdings into Bitcoin (BTC) and Ethereum (ETH) as a form of financial relief.
In a new court document, Judge Martin Glenn of the Southern District of New York has ruled that starting on July 1st, the troubled crypto firm will be allowed to convert all non-BTC and non-ETH cryptocurrencies into the top two digital assets by market cap.
CBDCs Could Enhance Financial Inclusion If Well-designed – IMF
The International Monetary Fund (IMF) Managing director has recognized the role that Central Bank Digital Currencies (CBDCs) could play in increasing financial inclusion and making cross-border payments and remittances cheaper and quicker.
These remarks were made by Kristalina Georgieva, IMF Managing Director, on June 19, 2023, at the High-level Policy Roundtable on Central Bank Digital Currencies while discussing ‘The Role of the Public Sector in Money and Payments – A New Vision’ in Rabat, Morocco.
The International Monetary Fund (IMF) Managing director has recognized the role that Central Bank Digital Currencies (CBDCs) could play in increasing financial inclusion and making cross-border payments and remittances cheaper and quicker.
These remarks were made by Kristalina Georgieva, IMF Managing Director, on June 19, 2023, at the High-level Policy Roundtable on Central Bank Digital Currencies while discussing ‘The Role of the Public Sector in Money and Payments – A New Vision’ in Rabat, Morocco.
Palau Stablecoin Advances to Next Phase on XRPL, Transitioning from Island Paradise to Blockchain Frontier
The Republic of Palau and Ripple have taken a significant step toward the future of digital currency with the launch of their limited stablecoin pilot. The partnership began in 2021 and aimed to explore potential use cases for the Palau Stablecoin (PSC), linked to the U.S. Dollar, on the XRP Ledger (XRPL). The XRPL is a carbon-neutral variant of a blockchain using the so-called decentralized ledger technology known for its secure and private transactions, making it an ideal platform for settling and providing liquidity to tokenized assets.
The Republic of Palau and Ripple have taken a significant step toward the future of digital currency with the launch of their limited stablecoin pilot. The partnership began in 2021 and aimed to explore potential use cases for the Palau Stablecoin (PSC), linked to the U.S. Dollar, on the XRP Ledger (XRPL). The XRPL is a carbon-neutral variant of a blockchain using the so-called decentralized ledger technology known for its secure and private transactions, making it an ideal platform for settling and providing liquidity to tokenized assets.
Is Ethereum Outshining Bitcoin in Terms of Fees? Crypto Voices Share Thoughts
Lately, the crypto sphere, with bitcoin aficionados in particular, has been buzzing with chatter about the fees pocketed by BTC miners. They’re pondering if these fees will adequately offset the impending 2024 halving and the accompanying drop in revenue. On the other hand, Ethereum, the runner-up in the crypto world, is raking in significantly higher weekly fees. Here’s an insight into the leading blockchain networks and where users are truly shelling out for block space.
Bitcoin Proponents Discuss the 2 Leading Blockchains and Transfer FeesMany of today’s leading blockchain networks come with transfer fees, designed to motivate miners or validators to oversee and validate transactions, fortifying the network. Besides ensuring security, these fees deter spam, prioritize transactions, and cater to distinct economic policies based on each blockchain’s consensus guidelines.
In the Bitcoin realm, when miners discover a block, they’re rewarded with the fees associated with that particular block. There’s a prevailing sentiment that, for Bitcoin’s security to remain robust after multiple halvings, its fees might need an uptick.
Lately, the crypto sphere, with bitcoin aficionados in particular, has been buzzing with chatter about the fees pocketed by BTC miners. They’re pondering if these fees will adequately offset the impending 2024 halving and the accompanying drop in revenue. On the other hand, Ethereum, the runner-up in the crypto world, is raking in significantly higher weekly fees. Here’s an insight into the leading blockchain networks and where users are truly shelling out for block space.
Bitcoin Proponents Discuss the 2 Leading Blockchains and Transfer FeesMany of today’s leading blockchain networks come with transfer fees, designed to motivate miners or validators to oversee and validate transactions, fortifying the network. Besides ensuring security, these fees deter spam, prioritize transactions, and cater to distinct economic policies based on each blockchain’s consensus guidelines.
In the Bitcoin realm, when miners discover a block, they’re rewarded with the fees associated with that particular block. There’s a prevailing sentiment that, for Bitcoin’s security to remain robust after multiple halvings, its fees might need an uptick.
CoinDCX Unveils Unified Integrated App at Unfold 2023
The Unified app allows users to switch to ‘Pro mode’ within the CoinDCX app for advanced trading tools tailored to their preferences.
CoinDCX, India’s leading and most valued VDA company, is thrilled to announce the launch of its enhanced CoinDCX app, designed to cater to the diverse requirements of Indian crypto investors and traders. CoinDCX has seamlessly integrated the advanced features of its CoinDCX Pro app into the main app, allowing users to effortlessly switch to ‘Pro mode’ within the CoinDCX app for access to advanced trading tools tailored to their preferences. This updated app provides a secure, user-friendly, and compliant platform for trading in VDA’s.
The Unified app allows users to switch to ‘Pro mode’ within the CoinDCX app for advanced trading tools tailored to their preferences.
CoinDCX, India’s leading and most valued VDA company, is thrilled to announce the launch of its enhanced CoinDCX app, designed to cater to the diverse requirements of Indian crypto investors and traders. CoinDCX has seamlessly integrated the advanced features of its CoinDCX Pro app into the main app, allowing users to effortlessly switch to ‘Pro mode’ within the CoinDCX app for access to advanced trading tools tailored to their preferences. This updated app provides a secure, user-friendly, and compliant platform for trading in VDA’s.
SOL Price Analysis: Solana Rally Could Resume Above $60
Solana price is trading above $55.00 against the US Dollar, like Bitcoin. SOL could start a strong increase if it clears the $60.00 resistance.
Solana (SOL) Price AnalysisSOL price started a decent upward move from the $51.20 support zone. The price formed a base and was able to climb above the $53.50 and $55.00 levels.
There was a clear move above the 23.6% Fib retracement level of the downward move from the $68.18 swing high to the $51.28 low. Besides, there was a break above a key bearish trend line with resistance near $57.80 on the 4-hour chart of the SOL/USD pair.
Solana price is trading above $55.00 against the US Dollar, like Bitcoin. SOL could start a strong increase if it clears the $60.00 resistance.
Solana (SOL) Price AnalysisSOL price started a decent upward move from the $51.20 support zone. The price formed a base and was able to climb above the $53.50 and $55.00 levels.
There was a clear move above the 23.6% Fib retracement level of the downward move from the $68.18 swing high to the $51.28 low. Besides, there was a break above a key bearish trend line with resistance near $57.80 on the 4-hour chart of the SOL/USD pair.
DeSantis Vows to Abolish IRS, Advocates Flat Tax in Presidential Bid Amidst Stiff GOP Competition
On Jan. 4, 2024, Florida Governor and presidential candidate Ron DeSantis articulated his desire to abolish the U.S. Internal Revenue Service (IRS). He advocated for the adoption of a uniform rate flat tax for all U.S. residents. DeSantis declared to CNN’s Kaitlan Collins on Thursday, “I would eliminate the IRS, have a single rate, and just do a flat tax.”
DeSantis Targets IRS Overhaul and Flat Tax in 2024 Presidential RaceIn a recent series of town hall gatherings, U.S. Republican presidential contender Ron DeSantis appeared alongside Nikki Haley, the former Republican Governor of South Carolina. At the CNN-sponsored event, DeSantis engaged with potential GOP caucus-goers and moderators, delving into a variety of national issues and sharing his presidential aspirations. Addressing the audience and CNN’s Kaitlan Collins, DeSantis reaffirmed his commitment to disband the U.S. federal tax authority, the IRS, articulating:
I would eliminate the IRS, have a single rate, and just do a flat tax — That would be the ideal tax system.
On Jan. 4, 2024, Florida Governor and presidential candidate Ron DeSantis articulated his desire to abolish the U.S. Internal Revenue Service (IRS). He advocated for the adoption of a uniform rate flat tax for all U.S. residents. DeSantis declared to CNN’s Kaitlan Collins on Thursday, “I would eliminate the IRS, have a single rate, and just do a flat tax.”
DeSantis Targets IRS Overhaul and Flat Tax in 2024 Presidential RaceIn a recent series of town hall gatherings, U.S. Republican presidential contender Ron DeSantis appeared alongside Nikki Haley, the former Republican Governor of South Carolina. At the CNN-sponsored event, DeSantis engaged with potential GOP caucus-goers and moderators, delving into a variety of national issues and sharing his presidential aspirations. Addressing the audience and CNN’s Kaitlan Collins, DeSantis reaffirmed his commitment to disband the U.S. federal tax authority, the IRS, articulating:
I would eliminate the IRS, have a single rate, and just do a flat tax — That would be the ideal tax system.
Do Kwon’s Triumph: Montenegro Revokes His Extradition To U.S.
Do Kwon, founder and ex-CEO of the now-defunct Terraform Labs, has notched a minor victory after a court in Montenegro cancelled his extradition to the United States for the second time.
The appellate court of Montenegro accepted the appeal of Kwon’s defence lawyers in a panel session on Wednesday, according to a statement issued by the court.
The High Court of Podgorica initially made the decision to deport Kwon in December. However, his attorneys lodged an appeal a few weeks later, and he was allowed to remain in Montenegro while the appellate court heard the case.
Do Kwon, founder and ex-CEO of the now-defunct Terraform Labs, has notched a minor victory after a court in Montenegro cancelled his extradition to the United States for the second time.
The appellate court of Montenegro accepted the appeal of Kwon’s defence lawyers in a panel session on Wednesday, according to a statement issued by the court.
The High Court of Podgorica initially made the decision to deport Kwon in December. However, his attorneys lodged an appeal a few weeks later, and he was allowed to remain in Montenegro while the appellate court heard the case.
Ripple Price Analysis: Bulls Struggle To Start Fresh Surge
Ripple price is consolidating near $0.600 against the US Dollar, like Bitcoin. XRP price must stay above the $0.580 support to remain in a bullish zone.
Ripple Price AnalysisThis past week, Ripple price saw a decent increase above the $0.6250 resistance against the US Dollar. The XRP/USD pair climbed above the $0.650 resistance to move into a positive zone.
The bulls even pumped the price above the $0.700 resistance. A high was formed near $0.7442 and the price recently corrected lower. There was a move below the $0.660 and $0.650 levels. The bears pushed the price below the 50% Fib retracement level of the upward move from the $0.5300 swing low to the $0.7442 high.
Ripple price is consolidating near $0.600 against the US Dollar, like Bitcoin. XRP price must stay above the $0.580 support to remain in a bullish zone.
Ripple Price AnalysisThis past week, Ripple price saw a decent increase above the $0.6250 resistance against the US Dollar. The XRP/USD pair climbed above the $0.650 resistance to move into a positive zone.
The bulls even pumped the price above the $0.700 resistance. A high was formed near $0.7442 and the price recently corrected lower. There was a move below the $0.660 and $0.650 levels. The bears pushed the price below the 50% Fib retracement level of the upward move from the $0.5300 swing low to the $0.7442 high.
Bitgert Coin Expected by Analysts to See Startling 1800% Surge In The Future
Imagine a world where Bitgert (BRISE) is a symbol of advancement in cryptocurrencies, and innovation is the future. Ever since its modest inception on the BNB Chain in July 2021, Bitgert has been dedicated to transforming defi.
After starting as a unique venture, it has already achieved a market valuation of $117,517,319.05, with a current price of $0.000000305) per BRISE. The tokens in this cryptocurrency revolution have given early holders phenomenal, life-changing returns; none have done so more spectacularly than BNB’s astounding 521,351% increase since launch. This is comparable to the exchange-based cryptocurrency token Bitgert.
Imagine a world where Bitgert (BRISE) is a symbol of advancement in cryptocurrencies, and innovation is the future. Ever since its modest inception on the BNB Chain in July 2021, Bitgert has been dedicated to transforming defi.
After starting as a unique venture, it has already achieved a market valuation of $117,517,319.05, with a current price of $0.000000305) per BRISE. The tokens in this cryptocurrency revolution have given early holders phenomenal, life-changing returns; none have done so more spectacularly than BNB’s astounding 521,351% increase since launch. This is comparable to the exchange-based cryptocurrency token Bitgert.
Goodbye Ethereum Spot ETFs — US SEC Angling To Reject Offering With Approvals Touted For 2025
The US Securities and Exchange Commission (SEC) appears set to reject applications for spot ether exchange-traded funds (ETF), with recent in-house meetings painting a bleak future for the proposed offering.
According to a Reuters report, the SEC will most likely withhold its approval for spot ETFs linked to the second-largest cryptocurrency. The regulator is set to decide on a raft of applications. The securities watchdog is expected to give its decision on applications issued by VanEck and Ark at the tail end of May.
The US Securities and Exchange Commission (SEC) appears set to reject applications for spot ether exchange-traded funds (ETF), with recent in-house meetings painting a bleak future for the proposed offering.
According to a Reuters report, the SEC will most likely withhold its approval for spot ETFs linked to the second-largest cryptocurrency. The regulator is set to decide on a raft of applications. The securities watchdog is expected to give its decision on applications issued by VanEck and Ark at the tail end of May.
Franklin Templeton Spot Ether ETF Added On DTCC Website, Fueling Hopes For SEC Approval
Franklin Templeton’s proposed spot Ethereum exchange-traded fund (ETF) has been listed on the Depository Trust & Clearing Corp.’s website with the ticker symbol EZET. This development indicates a possible signal that the U.S. Securities and Exchange Commission (SEC) could greenlight the ether ETFs.
Franklin Templeton’s Ether ETF Launched On DTCCThe Franklin Ethereum TR Ethereum ETF (EZET) is now listed on the DTCC — a key platform for securities transactions in the United States.
The Depository Trust & Clearing Corp.’s website’s “Create/Redeem” column lists EZET, signifying its availability for creation and redemption. The listing marks a preliminary step in the trading process, but it does not guarantee that the SEC will approve the spot Ethereum ETF.
Franklin Templeton’s proposed spot Ethereum exchange-traded fund (ETF) has been listed on the Depository Trust & Clearing Corp.’s website with the ticker symbol EZET. This development indicates a possible signal that the U.S. Securities and Exchange Commission (SEC) could greenlight the ether ETFs.
Franklin Templeton’s Ether ETF Launched On DTCCThe Franklin Ethereum TR Ethereum ETF (EZET) is now listed on the DTCC — a key platform for securities transactions in the United States.
The Depository Trust & Clearing Corp.’s website’s “Create/Redeem” column lists EZET, signifying its availability for creation and redemption. The listing marks a preliminary step in the trading process, but it does not guarantee that the SEC will approve the spot Ethereum ETF.
Ripple Meets With National Bank of Georgia To Discuss Digitization of Country’s Economy
San Franscisco-payments firm Ripple is working with the National Bank of Georgia (NBG) to digitize the local economy.
Acting governor Natia Turnava and Varlam Ebanoidze, head of the NBG’s tech development department, recently met with Ripple executive James Wallis to enhance financial technology cooperation, according to a LinkedIn post from June 8.
San Franscisco-payments firm Ripple is working with the National Bank of Georgia (NBG) to digitize the local economy.
Acting governor Natia Turnava and Varlam Ebanoidze, head of the NBG’s tech development department, recently met with Ripple executive James Wallis to enhance financial technology cooperation, according to a LinkedIn post from June 8.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Dogecoin (DOGE), Shiba Inu (SHIB), And ETFSwap (ETFS) Set To Lead Meme Coin Rally
As Dogecoin (DOGE) and Shiba Inu (SHIB) begin their recovery from the recent crypto crash, the ETFSwap (ETFS) token enjoys sustained bullish momentum that could lead the meme coin rally in Q3 2024.
Dogecoin’s Worst Days Are Likely Over Dogecoin (DOGE) may yet see some bullish momentum if it manages to recover above the $0.12 price. A correction between 50%-60% was on the way for Dogecoin as it headed toward a recovery.
An analyst and co-founder of Mechanism Capital, Andrew Kang, predicted that if there are coins capable of creating new highs in Q4 2024 or Q1 2025, they’ll be just a handful. Holders of the Dogecoin (DOGE) meme coin are optimistic about it making up the handful and spearheading a rally in meme coins.
As Dogecoin (DOGE) and Shiba Inu (SHIB) begin their recovery from the recent crypto crash, the ETFSwap (ETFS) token enjoys sustained bullish momentum that could lead the meme coin rally in Q3 2024.
Dogecoin’s Worst Days Are Likely Over Dogecoin (DOGE) may yet see some bullish momentum if it manages to recover above the $0.12 price. A correction between 50%-60% was on the way for Dogecoin as it headed toward a recovery.
An analyst and co-founder of Mechanism Capital, Andrew Kang, predicted that if there are coins capable of creating new highs in Q4 2024 or Q1 2025, they’ll be just a handful. Holders of the Dogecoin (DOGE) meme coin are optimistic about it making up the handful and spearheading a rally in meme coins.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.