🇹🇷 In Turkey, it is now possible to make purchases with payment in USDT on the TON blockchain through the Fexobit app.

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🐦 We continue to observe purchases

➡️ On June 5, the net inflow of the BTC ETF amounted to $488 million, extending a 17-day series of stable inflows 💰

By the way, an interesting fact:

➡️ Exactly one year ago, on June 6, SOLANA cost $ 20 per coin. Now it's $172. Are you still really looking for pathetic x2-3s in the crypt??

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🪙 #BTC

BTC flip the 70k which was acting as resistance

Now the 70k level for BTC will act as the support

BTC has currently approached the rectangular resistance which is also the supply zone for the BTC now for the BTC to give further bullish momentum it needs to flip this rectangular resistance.

In case BTC didn't respect the 70k support level then the next strong support level for the BTC will be the 69k level.

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🚀 The growth of the Nasdaq 100 index, which is a measure of the success of US technology companies, has a positive impact on the bitcoin price.

The current correlation between these assets is at its highest level since the beginning of 2023, which indicates that bitcoin may rise if the U.S. stock market continues to rise.

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🗞 Good morning!

Today the market is in the red, with most altcoins showing losses. BTC is currently trading around $71,050 and ETH around $3805.

⭕️ Fear/Greed Index: 77 - extreme greed

📰 Morning news roundup:

🟡 The cross-border CBDC project Mbridge moves to the MVP stage.

🟡 Kraken aims to raise $100 million as part of its preparations for an IPO in 2025.

🟡 Report and assessment of Tether (USDT) by the US bank JPMorgan.

🟡 Institutional investors are increasing their investments in meme coins.

🟡 The Metaverse platform The Sandbox raises $20 million at a valuation of $1 billion.

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🌐 108 Ex-Prosecutors and Feds Urge U.S. State Dept to Free Binance Exec in Nigeria 🌐

☔️Over 100 former U.S. federal prosecutors and agents are calling on the U.S. Department of State to intervene and secure the release of Tigran Gambaryan, Binance's head of financial crimes and compliance, from custody in Nigeria.

🇺🇸In a powerful letter addressed to Secretary of State Antony Blinken, the ex-officials criticized the U.S. government’s inaction, warning of potentially dire consequences.

😭The letter highlights Gambaryan’s decade of service with the IRS, emphasizing his dedication to the rule of law through high-profile cases, including child pornography, terrorism financing, identity theft, and the infamous Silk Road public corruption cases.

🔍 What do you think about this situation? Should the U.S. government step up its efforts? Let us know your thoughts! 👇

#Binance #USGovernment

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🚨 Ripple Shifts 150 Million XRP into Unknown Wallet

✖️Today, Ripple made waves by transferring a whopping 150 million XRP to an unknown destination. According to Whale Alert, this significant move was from Ripple's address “rBg2F” to the mysterious “rP4X2.”

📈The recipient, active since October 2023, now holds over 173 million XRP after this recent transfer. This sudden move has sparked intense speculation about Ripple's intentions and the potential impact on XRP's price.

🕯Many in the XRP community are buzzing with theories—some suggesting a possible sale, while others believe it might be a strategic transfer within Ripple's network. Despite the flurry of guesses, the exact motive remains unclear.

➡️Currently, XRP is trading around the $0.50 mark, showing little movement in recent weeks. This could indicate a potential breakout, but the direction is anyone's guess. 🚀

👉 What do you think? Is Ripple planning something big, or is this just routine?

#XRP #Ripple #CryptoNews

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👻 Scammers have organized more than 35 broadcasts on YouTube, pretending to be Elon Musk and distributing cryptocurrency.

🆕This large-scale campaign coincided with the test launch of the SpaceX Starship spacecraft.

👎As an example, one of these videos is given, in which scammers resorted to the help of AI to make Elon Musk's speech sound more convincing.

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💸 Enormous Bitcoin Whale Adds $1 Billion in BTC Daily! Who Could It Be?

👀Every day, a staggering $1 billion worth of Bitcoin is being added to a massive new whale wallet, as reported by WuBlockchain and based on CryptoQuant's research.

🐋 This surge is likely due to institutional investors moving Bitcoin into custodial wallets. Over the past 30 days, long-term holders have amassed 70,000 BTC, with whale demand increasing at 4.4% per month! 📈

⚠️Several factors are fueling this demand rebound:

🗣Rise in Institutional Investors and Permanent Holders: Long-term holders' conviction in Bitcoin is strengthening as large investors quickly increase their combined balances.
🗣Daily $1 Billion Inflows: Significant new Bitcoin investors are injecting $1 billion daily, showcasing growing interest and confidence among prominent market participants.
🗣Spot Bitcoin ETF Approval in the USA: The approval and increased activity of spot Bitcoin ETFs in the USA are boosting demand, offering a more convenient investment channel.
🗣With selling pressures easing and the unrealized profit ratio resetting to 0%, we might be entering a new accumulation phase.

However, stablecoin liquidity growth hasn't yet fully recovered, despite these positive signs for Bitcoin and Ethereum.

👉 What's your take on this massive daily investment? Are we on the brink of a major Bitcoin rally? Let us know your thoughts!

#Bitcoin #CryptoWhale #InstitutionalInvestors

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👑 Why Bitcoin Hasn't Hit $100,000 Yet: Insights from Capriole Investments Founder 😮

Crypto analyst and Capriole Investments founder Charles Edwards recently shared on X why Bitcoin hasn't reached the $100,000 mark. Despite the launch of spot Bitcoin ETFs, Bitcoin has only surged 50% since January, now trading slightly above $71,000.

🔈Key Factors Holding BTC Back

💯Long-term Bitcoin holders (holding for over two years) have decreased from 57% to 54%, releasing 630,000 BTC back into the market. This selling pressure has countered the buying efforts of Bitcoin ETFs.
Delayed Halving Impact:

🎮The April halving reduced Bitcoin's daily issuance by 50%. Edwards believes the full effect of this event on Bitcoin’s price will unfold over the next year, as financial institutions adjust their strategies.

💸For Bitcoin to rise sharply, higher average daily ETF buying, reduced long-term holder selling, and growth in US liquidity are crucial.
Edwards remains optimistic about Bitcoin's future, emphasizing the importance of sustained institutional investment and reduced selling pressure.

👉 What do you think? Are we on the brink of a major Bitcoin rally?

#Bitcoin #CryptoInsights #BTCPrice

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📈 The trader made a profit of 812 times by making a deal with the HULK token in just three hours.

He spent 1.2 thousand dollars to purchase 19% of the total volume of HULK tokens using four new wallets.

Then he sold all the tokens for 979.000 dollars.

The trader's sale led to a drop in the price of HULK by more than 85%.

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⚡️ Ripple sold 150 million XRP, equivalent to approximately $78 million, from its reserves today.

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📊 Top 10 tokens issued in May by market capitalization

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⚡️ BlackRock currently holds 302,539 BTC, which is equivalent to $21.42 billion dollars.

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⚪️ In a statement, SEC head Gary Gensler said that the speed of approval of applications for Ethereum-ETFs depends on how quickly issuers respond to the SEC's comments.

Analysts interpreted this statement as evidence that the SEC is not looking to delay the launch of such ETFs.

Earlier on May 23, the SEC approved eight 19b-4 filings to launch ETFs, but these funds must receive approval on Form S-1 to begin trading.

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Good morning!

Today, the market is in the red, most altos are red.

🟠BTC is currently trading around $69,415.
⚪️ETH is around $3,685.

🥸Fear/Greed index: 72 - greed

📉A selection of morning news:

⏺ TON Foundation announces plans to expand access to USDT on Ton.

⏺FTX creditors rejected the bankruptcy reorganization plan.

⏺BlackRock currently dominates the Bitcoin ETF market.

⏺Arthur Hayes suggests opening longs for BTC and other cryptocurrencies.

⏺The US labor market is putting strong pressure on the price of BTC.

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💳 Stability

There has been an influx of funds into bitcoin spot ETFs for 18 consecutive days.

We bought almost $2 billion in 3 days.

Was the correction weak at night, do you think?

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💎 The Polish TON community event ended in a scandal: a man who claimed that he

"had problems with the Ton Society"

sprayed a can of gas in the hall, after which he was detained by security forces.