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πŸš€ Your cryptocurrency hub for the latest trends, news, and insights. Join now for valuable updates and analysis!

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This RSI channel shows all the extremes of BTC cycles and it looks like the time of the next one is near πŸ˜ƒ

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πŸ“Š Bloomberg analyst Approval of #SOL ETF may not be until 2025 at the earliest

πŸ—£ It likely won't be launched until 2025 at the earliest, assuming a change of administration in the White House and SEC.
πŸ—£ So far, only an S-1 has been filed, without a 19b-4 that would set a specific review deadline.
πŸ—£ If the 19b-4 is filed today, the review deadline would be in March 2025.

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πŸ‘Good morning!

Today the market is up, and most altcoins are green.

πŸ’ŽTON can now be bought for 7,617

🟠BTC is currently trading around $61,551.

βšͺ️ETH is around $3,447.

🚩 Fear/Greed Index: 46 - Neutral

πŸ—£Morning news roundup:

⏺Presidential debate may clarify crypto regulatory approach

⏺Chainlink Data Streams launches on Avalanche mainnet with GMX V2

⏺Huge Interpol operation exposes how prolific crypto scams really are

⏺Mt. Gox announced the start of payments. What awaits the crypto market?

⏺Coinbase sues SEC and FDIC over Freedom of Information requests

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βœ…Logan Paul Sues Coffeezilla Over CryptoZoo Claims

✏️Logan Paul files a defamation lawsuit against Coffeezilla for videos accusing him of scamming through his failed NFT project, CryptoZoo. Paul insists he was committed to the project and was deceived by his advisers.

πŸ’Ό Legal Battle Begins
Paul
seeks damages for harm caused to his reputation.

#LoganPaul #CryptoZoo #DefamationLawsuit

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βœ–οΈ XRP Price Struggles Below Key Resistance

πŸ“ŠXRP is attempting to recover above $0.4700, but faces strong resistance at $0.4825. A failure to break through could lead to further declines.

πŸ“ˆ Possible Upside?
XRP
needs a clear move above $0.4825 to gain
bullish momentum.

πŸ“‰ Downside Risks
Support levels
to watch: $0.4700 and $0.4620.

#XRP #CryptoUpdate #PriceAnalysis

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🧬Spot Solana ETF Could 9X SOL Price: GSR Markets πŸ’°

Crypto market maker GSR Markets suggests that spot 🧬Solana (SOL) ETFs in the US could potentially increase the price of SOL by nine times!

✈️ Key Insights:

πŸ”ΊGSR describes Solana as part of β€œcrypto’s big three.” Report coincides with VanEck’s filing for a spot Solana ETF.
πŸ”ΊGSR's optimistic "blue sky scenario" projects SOL price to soar from $149 to over $1,320, raising its market cap to $614 billion.

πŸ” Scenarios:
πŸ”ΉBlue Sky: SOL price could reach $1,320.
πŸ”ΉBaseline: SOL price could rise by 3.4x.
πŸ”ΉBear: SOL price could increase by 1.4x.

#Solana #CryptoETF #MarketInsights

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πŸš€ BlackRock Global Allocation Fund Reveals Major Bitcoin ETF Stake with 43,000 Shares πŸ“ˆ

In a recent SEC filing, BlackRock Global Allocation Fund disclosed owning 43,000 shares of the iShares Bitcoin Trust ETF as of April 30. This follows earlier filings showing Bitcoin exposure in other BlackRock funds.

πŸ’‘ Key Points:

πŸ”΄BlackRock’s move to integrate Bitcoin ETFs started in March.
πŸ”΄The Global Allocation Fund aims to mirror Bitcoin's market performance by investing in Bitcoin ETFs.
πŸ”΄Fund manages $17.8B in assets with a YTD return of 4.61% as of March 2024.

🟠 Bitcoin Price Analysis:

πŸ”ΉBitcoin reclaimed $61,780 after dipping to $58,000, suggesting resilience.
πŸ”ΉTechnical analysis hints at a potential 6% increase towards $66,000 if BTC holds above $62,200.
πŸ”ΉHistorical data shows July often sees positive Bitcoin growth, especially in Halving years.

#Bitcoin #BlackRock #CryptoInvestment

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πŸ“‰ PolitiFi Memecoins Tank Amid Trump vs Biden Debate 🎀

Memecoins inspired by President Joe Biden and candidate Donald Trump plunged up to 53% during their first live presidential debate.

πŸ’‘ Key Points:

TRUMP token: Fell 24.6% to $7.23.
BODEN token: Dropped over 53%, partially recovered to $0.091.
Other tokens: STRUMP and BABYTRUMP also saw double-digit declines.

🌟 Debate Focus:
The debate covered the economy, immigration, wars, and abortion, with no mention of cryptocurrency.

🟠Bitcoin: Rose 1.1% during the debate.

#CryptoNews #PolitiFi #Memecoins

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πŸ’ΈUS Spot Bitcoin ETFs Post $12 Million Net InflowsπŸ”Ό

The 11 spot bitcoin ETFs in the U.S. saw net inflows of $11.80 million on Thursday, extending the positive streak to three days.

πŸ”Ή Key Highlights:

⏺Bitwise’s BITB: $8M inflows.
⏺Fidelity’s FBTC: $7M inflows.
⏺Franklin Templeton: $3.6M inflows.
⏺Invesco & Galaxy Digital’s BTCO: $3M inflows.
⏺Ark Invest & 21Shares’ ARKB: $1.84M inflows.

πŸ”» Outflows:

⏺Grayscale’s GBTC: $11.5M outflows.

#Bitcoin #ETFs #CryptoMarket

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πŸ‘› TONCOIN today, 28.06 β€” πŸ’²7️⃣,6️⃣6️⃣
πŸ“ˆ 0.70% (1d)

#TON

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🧬 Solana (SOL) Rockets Over 10%: Analyzing The Bullish Trend πŸ“ˆ

Solana surged over 10% above the $135 resistance on ETF hopes and might rise further toward $162.

πŸ”Ή Key Highlights:

Current Price: Trading above $142 and the 100-hourly SMA.
Support: $142, with a trend line forming support.
Resistance: $150 and $152, with potential to reach $162 and $175.

πŸ”» Technical Indicators:

MACD: Bullish zone.
RSI: Above 50, indicating strength.

#Solana #Crypto #BullishTrend

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Congratulations to TON on X with 2.000.000 sbsπŸ™

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🌟 Looking for the next XRP or Cardano?

Top analyst Murad Mahmudov suggests focusing on meme coins!

πŸ”₯ "Memecoins will outperform EVERYTHING this cycle. Don’t hate the player, hate the game," Mahmudov states.

πŸ€” He also says to rely on gut feeling when choosing which meme coin to buy.

🚨 Despite his bullish stance, Mahmudov predicts no prolonged altcoin season due to dwindling excess savings of US households.

πŸš€ Some meme coins have surged recently. Mog Coin (MOG) and BOOK OF MEME (BOME) saw double-digit gains. Bonk (BONK) is up nearly 8%. Meanwhile, Dogecoin and Shiba Inu have modest gains of 3.1% and 1.7%.

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🌍 Attention crypto enthusiasts in the EU: MiCA is shaking up stablecoins! πŸ“†

Starting June 30, the Markets in Crypto-Assets Regulation (MiCA) will enforce new rules impacting crypto exchanges across the European Economic Area (EEA).

🚫 Several exchanges, including Bitstamp and Uphold, are delisting stablecoins like EURT and USDT to comply with MiCA. Uphold will maintain support for USDC, EURC, and PYUSD.

πŸ‘€ MiCA categorizes stablecoins under 'e-money tokens' or 'asset-referenced tokens', requiring issuers to maintain a 1:1 reserve and regulating algorithmic stablecoins.

πŸ”” Exchanges are preparing for the phased implementation of MiCA, with full compliance expected by December 2024. Only a small fraction of firms are currently fully compliant.

πŸ” Stay tuned as regulatory changes unfold in the EU crypto market!

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⚑️The copy trading platform Flipster now supports trading with USDT on the TON blockchain.
Flipster
🀝 πŸ‘› TON

#TON

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πŸ˜™ The number of addresses holding 1 BTC has surpassed 1 million.

πŸ’»Despite recent price corrections, over 85% of investors are still in profit.

πŸ’»Some metrics and indicators (RSI, address activity) point to a possible market recovery and bullish trend.

#BTC

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πŸ“Š Tokens launched this year on the three largest cryptocurrency exchanges in the world: Binance, Coinbase, and Upbit.

#TOKENS

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πŸ“Š CryptoRank has compiled a list of the top 10 meme projects dedicated to dogs and cats, comparing them by market capitalization and daily trading volume.

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πŸ’ŽTON has been legalized in Kazakhstan. This happened after Pavel Durov visited the Astana International Financial Centre.

πŸ‡°πŸ‡ΏThis is a major win for TON, boosting its credibility and paving the way for innovation and growth in the region.

#TON #Blockchain #Kazakhstan

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