🤝 LayerZero0️⃣ and Solana 🧬 are preparing to announce a strategic partnership.

#LayerZero
#Solana

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💰 PayPal is expanding its stablecoin ecosystem by launching PYUSD on the Solana blockchain 🧬

Previously, PYUSD was only available on Ethereum ⚪️

#PayPal
#Solana

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👁 Ripple has donated another $25 million to support Fairshake, a cryptocurrency political committee that promotes crypto adherents.

💰 Crypto Super PAC Fairshake has already received donations from Ripple in 2023 (also $25 million)

👀 Ripple has called the 2024 US election the most important election in cryptocurrency history.

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🤝 NEAR Protocol 🌟 and D3 announced the launch of "NEAR Name Tokens" - universal identity identifiers on the NEAR blockchain.

#NEAR

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🙁 Peter Schiff, a prominent crypto critic, has been poking fun at the crypto community:

“What if all U.S. publicly traded companies sold 100% of their assets, shut down their businesses, laid off all employees, and used the proceeds to buy Bitcoin?”😁

Each bitcoin would become worth millions. The market capitalization of American stocks would skyrocket. We'd all be rich.”

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🖼 Top NFT sales conducted in May

#NFT

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💳 Mastercard will allow transactions to be sent using a pseudonym instead of long blockchain addresses

🟢Transactions are available on Bit2Me, Lirium, Mercado Bitcoin, and Lulubit.
🟢The system ensures that the recipient's address supports the selected asset and complies with the regulatory requirements of the Travel Rule.
🟢The service is currently available in 13 Latin American and European countries.

#Mastercard

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This guy knows something 🤪
If you want more educational posts, click 🔥

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👛 Starting from tomorrow, Telegram Wallet will be managed by WOT Global Solution, and from June 3rd, all users, except those who are withdrawing funds, will need to provide additional personal information (KYC) to use all the wallet's features.

#Telegram
#Wallet

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🐦 Mastercard has launched Crypto Credential, which allows sending cryptocurrency to any customer on an exchange using a simple username instead of a wallet address.

💸 Another step towards the mass promotion of cryptocurrency. The only question is what stops one from simply transferring from one exchange to another... Time will

#Mastercard

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Kitties got into crypto: another secret scheme for farming on slippers 🐈‍⬛

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📊 Top-15 projects with bullish forecasts from Oriole Insights

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📊 Toncoin Price Analysis and Outlook

💥 Toncoin ($TON) recently tried to break the $7.0 resistance but fell short, leading to a decline over the past ten days. The price slipped below the crucial $6.5 support level. Despite a brief market rally lifting $TON above this support, it couldn't sustain momentum, dropping back to $6.2.

💸This bearish trend may continue unless there's a change in investor sentiment. If the downtrend persists, TON might test the $6.0 support level, with further downside potentially seeing the price drop to around $5.4.

💎 On the upside, if $TON holds above the $6.4 support, it could rebound towards $6.8. Establishing this as a support level might pave the way for recovery, potentially pushing TON back towards $7 and reversing the current bearish outlook.

#Toncoin #CryptoAnalysis #TON

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🔹 Ethereum Lost 2.00% to $3751.59 — Data Talk

📉 Ethereum is down $76.72 today, or 2.00%, to $3751.59. This marks the largest percentage decrease since May 16, 2024, when it dropped 2.82%.

📉 Ethereum has declined for two consecutive days, losing 3.49% over this period. This is the worst two-day stretch since May 8, 2024, when it fell 4.13%.

📈 Compared to 52 weeks ago, it has risen 101.06% from $1865.88. However, it's down 6.94% from its 52-week high of $4031.50 on March 11, 2024, but up 144.33% from its 52-week low of $1535.49 on October 12, 2023.

📉 Today, Ethereum traded as low as $3742.21, down 2.25% at its intraday low.

#Ethereum #Crypto #ETH #Cryptocurrency #MarketUpdate

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📈 BlackRock's Bitcoin ETF on the Verge of Eclipsing Grayscale's Fund

📊 BlackRock is challenging Grayscale's dominance in the bitcoin ETF space, rapidly approaching Grayscale's asset management levels. Grayscale initially led with around $24 billion but has seen outflows, while BlackRock's iShares Bitcoin Trust is catching up with $19.6 billion in assets.

💸 The fee differential is a major factor. Nate Geraci, president of the ETF Store, noted that Grayscale's fees are "too steep" compared to competitors. This has driven massive inflows to BlackRock's more affordable iShares Bitcoin Trust, positioning it next to Grayscale in terms of assets under management.

🏆 Fidelity's Wise Origin Bitcoin Fund and ARK's 21 Shares Bitcoin ETF rank third and fourth, respectively. Grayscale has experienced $17.5 billion in outflows this year, while BlackRock has seen substantial inflows.

🔖 Fee waivers by BlackRock, Fidelity, and Bitwise have made their funds more attractive. For example, Fidelity is waiving fees until August 1, and BlackRock waived a portion of its fee for the first $5 billion of assets.

💡 Geraci predicts Grayscale will continue to lose assets unless it adjusts its fees. However, some investors might stick with Grayscale to avoid tax events from selling.

🔮 A potential game-changer for Grayscale could be its planned mini version of its bitcoin ETF, which might offer competitive pricing to retain and attract investors.

#CryptoETF #BlackRock #Grayscale

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🛡The Federal Reserve is “confused” about whether it can develop and implement a central bank digital currency (CBDC), Emmer stated. President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets is proof of that, despite Powell repeatedly stating that it would not issue a CBDC without Congressional authorization.

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🚀 Shiba Inu Open Interest Explodes 85% Amid 15% Price Jump, Why This Is Important 🐶

Shiba Inu ($SHIB) is making waves in the crypto market with a surprising 15% price rally! 🌟 But the excitement doesn't stop there. SHIB's open interest has surged by an impressive 85%, signaling potential for more price action ahead. 🔥

📊 Shiba Inu Open Interest Surges 85%

The open interest in Shiba Inu has soared over 85% in the past day as the price began its recovery. Open interest measures the total investment in an asset's derivatives, indicating a significant influx of money into SHIB derivatives.

📈 The 85% increase comes from an average of two major exchanges: Binance and ByBit. According to Coinglass data:

Binance's SHIB open interest rose over 60%, reaching $136.79 million. This means around $82 million flowed into SHIB derivatives in one day.
ByBit saw a staggering 117.81% increase, with open interest totaling $96.16 million, indicating around $50 million in new investments.
Together, Shiba Inu's open interest is up by about $135 million in just 24 hours! 💰

📈 SHIB Price Still Seeing Upside

The surge in open interest is a bullish sign for SHIB's price. Historically, hitting new highs in open interest can push the price towards new peaks. Currently, SHIB is holding 24-hour gains of 7.77%, despite a slight correction.

During the rally, Shiba Inu briefly surpassed Cardano, claiming the 10th spot in market cap rankings, though it has since moved back to 11th. 📊

#ShibaInu #SHIB #Crypto

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🇺🇸 According to The Block, Joe Biden's 👤 campaign team is seeking advice on cryptocurrency from representatives of the crypto industry to develop future policy regarding digital assets and to support the growth of the crypto community.

Insiders told The Block that the interaction began about two weeks ago.

#Biden

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🙂🙂🙂 The market capitalization of PEPE now exceeds the total market capitalization of all major NFT projects across all blockchains.

#PEPE

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📄 BlackRock has updated its S-1 form for its Ethereum ETF with the ticker ETHA

👀 Since the 19b-4 applications were approved without ETH staking, all S-1 applications will also be without staking of #ETH 💰
👀 Eric Balchunas (Bloomberg analyst) predicts the application will be approved on July 4th.

#ETH

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