⚡️ A significant capital inflow of $886.8 million into spot #BTC #ETFs occurred yesterday

This inflow was the second largest since the launch of the ETF. The inflows have continued for 16 consecutive trading days, reaching $3.2 billion

Currently, U.S. spot #bitcoin ETFs hold coins worth more than $61 billion, which accounts for 4.43% of all existing bitcoins 🪙

🆘 SCAM ALERT 🆘

Beware of any emails received in the last 24 hours that promise an airdrop or are about account security

A popular email marketing service among crypto projects has been hacked, so this warning applies to emails from any company.

The hacking incident was reported by Paolo Ardoino, the head of #Tether. Bobby Ong, the co-founder of #CoinGecko, also confirmed this information, stating that there are already examples of phishing emails sent from the official CoinGecko address.

An investigation is currently underway, protect your assets🛡

#ScamAlert #Security

#Opinion #Analytics

🔼 According to experts from Bitfinex, the consolidation phase is over, and the market is preparing for a bull run

The company's analysts have concluded that the correction is completed, and investors have entered a phase of reaccumulating assets.
This is indicated by the increased inflow of money into #Bitcoin-#ETFs and the rise in accumulation addresses for #Bitcoin and #Ethereum.

Do you share the experts' opinion? 🧐

#Analytics #BNB

🔶 BNB/#USDT has broken through its ATH level of $691.8

The historical level of $691 was a resistance level, but after breaking through and consolidating above $691, the ATH became a support level.

📈 The following trading plan is being considered: building a position up to the price of $688 and holding the position with targets at $732-740

📉 Exiting the position will be considered if the price breaks below $686.6

this is not a trading recommendation

🪙 #Bitcoin is leading in asset returns

#BTC shows a growth of +59.75% since the beginning of this year

🪙 In second place is silver with +24.8%

Next are the indices and gold:

#Nasdaq +14.16%
#Gold +12.87%
S&P500 +11.57%

#CryptoNews

#Opinion

🪙 Robert Kiyosaki now expects #Bitcoin to reach $350,000 by the end of August. Previously, his forecast was $125,000 by the end of the year.

The author of financial bestsellers (not our opinion — aggregator sites consider it so) stated that he continues to buy #BTC, #Ethereum, and #Solana because he is fully confident in their further growth.

In addition, Robert called the current President of the United States, Joe Biden, incompetent in the matter of cryptocurrencies and urged adding #gold and #silver to one's investment portfolio.

For those who didn't get this #cryptomeme ☝️

🪙 Capital inflows into spot #BTC ETFs have lasted a record 18 consecutive trading days

The most funds, $350 million specifically, have flowed into the #IBIT fund, which belongs to #BlackRock. Currently, their balance is valued at more than 300,000 #BTC.

BlackRock has bought all the businesses, and now they want to buy all the bitcoins 🗿

#CryptoNews

#WordOfTheDay

#Litecoin — how to spell this word in Morse code?

To be honest, we don't know, and why would you need this — we are not living in a post-apocalyptic world yet where only analog communication works 🤷‍♂️

But we do know an interesting fact about #Litecoin:

The coin was created by former #Google engineer Charlie Lee, and it was launched on October 13, 2011 as an alternative to #Bitcoin.
In a world where digital gold emerged, Lee aimed to create a digital analogue of silver — a lighter and faster version of the first cryptocurrency, which was #BTC.
Litecoin was based on the original Bitcoin code with some modifications. For instance, changes were made to the hashing algorithm, and the block generation speed was increased.
Today, Litecoin continues to develop and is supported by a community of developers, but the coin has lost its position to more promising blockchains.

#Opinion

🪙 Standard Chartered Bank believes that Bitcoin will reach $150,000

In their opinion, this will happen if #DonaldTrump manages to win the election.

🌍 Weekly news #CryptoDigest:

🪙 10.06 BTC.D (Bitcoin Dominance over Altcoins) - 55.5%

🧭 03.06 Fear and Greed Index - 72

🇺🇸 10.06 15:30 USD - Consumer Price Index for May

🇺🇸 12.06 21:00 USD - Fed Interest Rate Decision. Forecast - 5.50% (5.50% previously)

🇺🇸 13.06 15:30 USD - Number of initial claims for unemployment benefits. Forecast - 222,000 (229,000 previously)

🇺🇸 14.06 18:00 USD - Fed Monetary Policy Report

🕯 #Analysis from KickEX Traders:

Last week, there was news regarding unemployment data — an increase of 0.1% was recorded. Previously, the Federal Reserve stated that besides inflation, they would also focus on unemployment, and yesterday's increase is a very strong signal for lowering the interest rate. However, we saw confusion in the market, and there’s no hint of positivity here.

On June 12, data on inflation and the Federal Reserve meeting will be released. There’s nothing bullish to expect here (except for Powell's speech). The thing is, inflation was at its lowest last summer, and based on this low base, annual inflation this summer could be high — up to 4%.

🪙 The market situation is very reminiscent of overheating. Markets need to cool down and gather strength for a bull run. But over the past six months, everyone has gotten used to the growth of BTC, so breaking the trend will be difficult.
In this market, scalper traders will feel more comfortable, so beware of ideologically driven trades — take what the market gives you.

🔼 Demand for #BTC is eight times higher than the mining rate by miners

The rate of investment in #Bitcoin by US exchange-traded funds is eight times the volume of new coins being mined. Last week, inflows into spot Bitcoin #ETFs amounted to $1.8 billion (equivalent to 25,729 BTC). During the same period, only 3,150 coins were mined.

#CryptoNews

🪙Bitcoin is struggling right now, but let's remember why it became so expensive in the first place

⚡️KickEX has received a brokerage license and become a Bitcoin service provider!

We are pleased to announce that KickEX has received a brokerage license from the state of El Salvador, thus significantly expanding the range of features on our platform. As an official #Bitcoin service provider, we can offer you even more valuable services.

Here’s what the license enables:

🪙Storage and management of Bitcoin: secure storage and management of our users' Bitcoin.

📊Exchange and trading services: the ability to trade Bitcoin on our platform.

🔒Digital wallets: providing secure and convenient digital wallets for Bitcoin.

🔗Payment processing: managing payment processes related to digital currencies.

This important achievement opens up great prospects for growth and innovation. Additionally, our team plans to obtain licenses for working with #Ethereum (#ETH), #Tether (#USDT), and other assets. Read more about this on our official blog and stay tuned for further updates!

Sincerely,
The KickEX Team

🪙 #Trump wants all remaining #bitcoin to be mined in the USA

The presidential candidate made this statement after meeting with representatives of the mining industry. Among other things, the convicted felon promised to defend the interests of miners if he wins the election and emphasized the importance of mining for ensuring the stability of the US energy system.

Apparently, Trump's new border wall will be built from ASICs 🤔


#CryptoNews