Crypto Insider | CRYPTOINS
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Author's blog in simple language about how to make money on meme coins, crypto, token sales, and understanding it all on your own.

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πŸ€“ Bybit has withdrawn its application for a virtual asset trading platform license in Hong Kong

Major exchanges like Binance, OKX, Gate and HTX have also faced similar fate.

The withdrawal of Bybit’s application and the apparent trend of offshore exchanges facing challenges in obtaining Hong Kong licenses may suggest a tightening of regulatory oversight in the region.

Applicants for obtaining a license in the city include HKbitEX, PantherTrade, Accumulus, DFX Labs, Bixincom, xWhale, YAX, Bullish, CryptoCom, WhaleFin, and Matrixport HK.

CryptoIn
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πŸ“… The most important Crypto events of June

▫️ June 1 - CoinJoin, an anonymization solution for $BTC transactions, stops work.

▫️ June 4 – hard fork in the Mina Protocol network.

▫️ June 12 - the meeting of the US Federal Reserve on the key rate.

▫️ June 12 - publication of the consumer price index and inflation data in the United States.

▫️ June 12 β€” presentation of the new digital currency Telegram Stars.

▫️ June 13 β€” zkSync L2 network token airdrop.

▫️ June 20 - Binance trial in Nigeria.

▫️ June 26 β€” airdrop of tokens from the L2 network Blast.

CryptoIn
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πŸ“Š Market Overview

BTC $67,767
ETH $3,796

Fear Index: 73
Altseason Index: 35
Long/Short Ratio: 49/51
Bitcoin Dominance: 54.12%

$NOT is becoming the main FOMO ambassador. The average drop is now estimated at $500-600 per account. I feel like it's going to hype up even more.

CryptoIn
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πŸ”Ή $ETH is holding within a narrow range with spikes on news

It resembles accumulation, which should soon end with a sharp breakout to the upside. It makes me happy as a $ETH holder.

πŸ“ˆ Sign up Bybit (4000$ bonuses for new users)

CryptoIn
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😁 42 days have passed since the $BTC Halving

CryptoIn
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πŸ’° The amount of Bitcoin on exchanges is falling

Investors are not keeping the Bitcoins they receive on exchanges, meaning they are not inclined to sell the Bitcoins they buy immediately.

As reserves fall, the tendency to sell decreases, and after a while, there may be a shortage, causing the price to go up.

When we examine previous trends, a fall in reserves usually starts the bull market. An increase in reserves shows us that selling pressure has begun.

At the moment, the price seems to be hunting for liquidity within a range and accumulating.

It is gathering strength for the next rise. When it gathers enough strength, a sharp rise seems to be waiting for us.

πŸ“ˆ Sign up Bybit (4000$ bonuses for new users)

CryptoIn
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πŸ’° Blum has surpassed the 10 million user mark

The project is developing rapidly, and amid the successes of the $NOT token, the chances of a good drop are growing.

CryptoIn
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πŸ”Ή Since the SEC approved spot Ethereum ETFs, approximately 777,000 $ETH β€” valued at about $3 billion β€” have been withdrawn from crypto exchanges

CryptoIn
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πŸ‘€ The most notable events of the past week:

▫️ Bitcoin price returned to $68,000.
▫️ Ethereum Classic had its fourth halving.
▫️ Notcoin soared 300% in a week and set a new all-time high.
▫️ A former top manager of FTX was sentenced to 7.5 years in prison.
▫️ Joe Biden vetoed the resolution to repeal SEC's SAB 121.

CryptoIn
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πŸͺ™ $TON - reached the first target

I'm waiting for fast closing of the second target and a small part can be left for a new high, if you want.

Taking profit: $6.9 and $7.2

πŸ“ˆ Sign up Bybit (4000$ bonuses for new users)

CryptoIn
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πŸ“Š Market Overview

Happy Monday to everyone!

BTC $68,875
ETH $3,815

Fear Index: 73
Altseason Index: 35
Long/Short Ratio: 51/49
Bitcoin Dominance: 54.37%

This week we expect news from tier 1 projects: LayerZero and zkSync. The tokens of these two are already trading on the premarket. $ZRO at ~$8, $ZK at ~$0.63. But most of all the market is waiting for a drop from them.

CryptoIn
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πŸ˜… That's a good question

CryptoIn
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πŸ’΅ $USDe is the fastest growing stablecoin in crypto history

It was the fastest to reach $3 billion in capitalization.

$USDe is a synthetic stablecoin from Ethena running on the Ethereum blockchain.

They also have a $ENA token, currently trading at ~$0.95. I suggest looking out for it in a medium/long term.

CryptoIn
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πŸ”Έ Binance will delist $OMG, $WAVES, $WNXM, and $XEM on June 17

CryptoIn
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πŸ’΅ DWF Labs has invested $5 million in the memcoin Milady ($LADY)

πŸ“ˆ Sign up Bybit (4000$ bonuses for new users)

CryptoIn
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πŸ”Ή Over 800,000 Ethereum Outflow From Exchanges Following $ETH Spot ETF Approval

CryptoQuant: Institutions preparing for the Spot ETF could be behind this wave of heavy outflow that lasted for 8 days.


I've been in favor of accumulating this asset since ~$1850. Have been buying as early as ~$1200 myself. And below $7000 I don't intend to sell.

πŸ“ˆ Sign up Bybit (4000$ bonuses for new users)

CryptoIn
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⚑️ Take a look at the key events influencing stock market volatility:

Tuesday, 14:00 UTC β€” Job Openings
This metric is crucial for the Federal Reserve. A strong labor market allows for maintaining high interest rates. Projections remain neutral, but if the data falls significantly short of expectations, it could trigger a negative reaction in the markets.

Friday, 12:30 UTC β€” US Unemployment Rate
Unemployment in the US remains at historically low levels. Analysts expect a rate of 3.9%. If the data shows 4% or higher, it could lead to a significant market correction. We'll be keeping a close eye on this.

πŸ“ˆ Sign up Bybit (4000$ bonuses for new users)

CryptoIn
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πŸ€” Bitcoin is not currently overvalued based on network fundamentals

CryptoIn
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πŸ“Š Market Overview

The market is once again awaiting news and events.

BTC $68,960
ETH $3,767

Fear Index: 73
Altseason Index: 33
Long/Short Ratio: 52/48
Bitcoin Dominance: 54.60%

CryptoIn
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πŸ’΅ DWF Labs to purchase $12,000,000 in FLOKI tokens to support the Floki ecosystem

A portion of the tokens will be acquired from the market, and the rest will be from the Floki treasury.

πŸ“ˆ Sign up Bybit (4000$ bonuses for new users)

CryptoIn
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πŸͺ™ Last month, nearly half a million tokens were released on the Solana network

πŸ“ˆ Sign up Bybit (4000$ bonuses for new users)

CryptoIn
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