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Crypto Update: Market Highlights & Significant News Hello everyone! Here are the main points for this week: Ethereum Balances on Centralized Exchanges Hit 6-Year Low Ethereum balances on centralized exchanges have reached their lowest point in the last six years. This trend indicates a shift towards decentralized finance. NOTK Token Surges Past $1 Billion NOTK, the token with a game boasting an audience of 35 million players, has seen a substantial increase in value. It is now worth over $1 billion, reflecting strong investor interest and market confidence. $1 Billion Invested in Crypto Products Last Week Investors have poured over $1 billion into crypto products in the past week. Since the beginning of the year, the total inflow into these products has reached $14.9 billion, indicating new highs in the next few days. SHIBA Investor Turns $2,700 into $1.2 Million On January 31, 2021, a user purchased 48 billion SHIBA tokens for about $2,700. After holding the tokens for over three years, the investor cashed out yesterday, making a profit of over $1,200,000. Now, that's what we call hodling! The user loses $60,000 Due to an incorrect address. A cautionary tale for all crypto users: an individual lost $60,000 by copying an incorrect address from an infected transaction history. Please be extra cautious and double-check addresses before making any transactions. BlackRock has surpassed Grayscale to become the largest BTC ETF holder, now holding 288,000 BTC. MasterCard Trials Crypto Service MasterCard has introduced a trial service called Crypto Credential, allowing direct cryptocurrency transfers between users. This move is seen as a step towards integrating cryptocurrency more seamlessly into mainstream financial services. Binance Limits Unregulated Stablecoins in the EU Binance has announced limitations on the use of stablecoins not regulated in the EU. This move aims to comply with European Union regulations and ensure the stability and security of transactions on the platform. Stay tuned for more updates and news!! #altcoins #BlackRock

Crypto Update: Market Highlights & Significant News

Hello everyone! Here are the main points for this week:

Ethereum Balances on Centralized Exchanges Hit 6-Year Low

Ethereum balances on centralized exchanges have reached their lowest point in the last six years. This trend indicates a shift towards decentralized finance.

NOTK Token Surges Past $1 Billion

NOTK, the token with a game boasting an audience of 35 million players, has seen a substantial increase in value. It is now worth over $1 billion, reflecting strong investor interest and market confidence.

$1 Billion Invested in Crypto Products Last Week

Investors have poured over $1 billion into crypto products in the past week. Since the beginning of the year, the total inflow into these products has reached $14.9 billion, indicating new highs in the next few days.

SHIBA Investor Turns $2,700 into $1.2 Million

On January 31, 2021, a user purchased 48 billion SHIBA tokens for about $2,700. After holding the tokens for over three years, the investor cashed out yesterday, making a profit of over $1,200,000. Now, that's what we call hodling!

The user loses $60,000 Due to an incorrect address.

A cautionary tale for all crypto users: an individual lost $60,000 by copying an incorrect address from an infected transaction history. Please be extra cautious and double-check addresses before making any transactions.

BlackRock has surpassed Grayscale to become the largest BTC ETF holder, now holding 288,000 BTC.

MasterCard Trials Crypto Service

MasterCard has introduced a trial service called Crypto Credential, allowing direct cryptocurrency transfers between users. This move is seen as a step towards integrating cryptocurrency more seamlessly into mainstream financial services.

Binance Limits Unregulated Stablecoins in the EU

Binance has announced limitations on the use of stablecoins not regulated in the EU. This move aims to comply with European Union regulations and ensure the stability and security of transactions on the platform.

Stay tuned for more updates and news!!


#altcoins #BlackRock

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Shiba Inu ($SHIB) Price Prediction for 2024 and 2025 A Shiba Inu ($SHIB) holder famously transformed a $2,700 investment into $1.2 million by holding for around two years. This remarkable return raises the question: does it make sense to keep holding Shiba Inu? This article provides a detailed analysis of Shiba Inu's price predictions for 2024 and 2025, exploring economic factors, market trends, and specific events that may influence $SHIB’s value. Summary of Shiba Inu ($SHIB) Price Prediction for 2024 and 2025 2024: The price prediction for Shiba Inu ($SHIB) is optimistic, with expectations that the price will reach between $0.000015 and $0.000020, representing an increase of approximately 50% to 100% from its current value. 2025: Predictions suggest a continued upward trend, with the price potentially ranging between $0.000020 and $0.000030. This indicates an additional growth of 33% to 50% compared to the previous year. These increases are based on factors such as growing adoption, ongoing ecosystem development, and overall market trends. Full Shiba Inu ($SHIB) Price Prediction for 2024 The price prediction for Shiba Inu ($SHIB) in 2024 is optimistic. Currently, $SHIB is priced around $0.00002653. Analysts suggest that by the end of 2024, the price could reach between $0.000055 and $0.0001, representing a 50% to 100% increase. Full Shiba Inu ($SHIB) Price Prediction for 2025 The price prediction for Shiba Inu ($SHIB) in 2025 shows significant growth potential. Analysts project that by the end of 2025, the price could reach between $0.00012 and $0.0002, representing a 150% to 200% increase. Moreover, new projects within the Shiba Inu ecosystem, such as ShibaSwap, NFTs, and games, increase its attractiveness. In conclusion, While price predictions provide useful insights, the highly volatile and unpredictable nature of the cryptocurrency market necessitates informed decision-making and portfolio diversification. #Shibalnu #MemeWatch2024 #altcoins $SHIB
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US crypto advocacy group tops one million members after Biden veto STAND with Crypto, an advocacy group for cryptocurrency voters, surpassed one million members on June 5. The organization aims to influence politicians to develop a new regulatory framework for digital assets, avoiding stringent compliance requirements. The cryptocurrency industry is investing heavily in US elections this year to support crypto-friendly candidates and oppose those favoring increased regulation. Coinbase recently announced a $25 million donation to the pro-crypto political action committee Fairshake, matching contributions from Ripple and Andreessen Horowitz. Stand with Crypto has focused on voters in swing states, boasting nearly 24,000 members in Georgia and over 16,000 in Arizona—key states in the 2020 election. A surge in membership followed President Biden's May 31 veto of a measure to overturn an SEC accounting bulletin on crypto assets and strong support for a Republican-sponsored bill to establish a new legal framework for digital currencies. The House of Representatives passed the Financial Innovation and Technology for the 21st Century Act with bipartisan support, although the White House opposes it. SEC chair Gary Gensler has warned the bill could introduce new risks for investors and markets. “It’s just bad politics to be anti-crypto,” 52 million Americans have used cryptocurrencies, representing about one in five voters across all political affiliations. The White House and Biden's campaign declined to comment, though Biden's campaign has recently increased outreach to the cryptocurrency industry. Trump's campaign announced last month that it would accept crypto donations, while Biden's campaign had no immediate comment on its stance on such donations. We together are a force! By demanding crypto-friendly politicians in our countries, we can create a more equitable environment for financial freedom and investment independence! #CryptoNews🚀🔥 #BTC
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Token BNB Surpasses $700, Reaching a New All-Time High On the morning of Wednesday, June 5th, the BNB token, native to the Binance Smart Chain ecosystem, reached a new all-time high, surpassing the $710 mark. This surge represents an increase of over 8% in the last 24 hours, according to CoinGecko data. After reaching its ATH (all-time high), the price of BNB slightly retreated to $699 at the time of writing this article. With a market value of $107 billion, BNB is currently the fourth largest cryptocurrency in terms of market capitalization. In the last 24 hours, BNB's trading volume was approximately $3.3 billion. Factors Driving BNB to a New Record One of the main factors contributing to BNB's significant recovery is the popularity of the Binance Launchpool. The platform requires users to hold and stake BNB to participate in new token offerings on Binance, the world's largest cryptocurrency exchange. Recently, Binance Launchpool announced its support for Notcoin, a token that can be earned in a Web3 game within Telegram. Since its launch, Notcoin has accumulated a market value of $2.2 billion. In addition to BNB, other cryptocurrencies also experienced a rise in value this Wednesday. Bitcoin, for instance, increased by 2.5% in the last 24 hours, surpassing the $70,000 mark. Most other altcoins also recorded significant gains, indicating an overall upward trend in the cryptocurrency market. BNB's performance aligns with the growing importance of staking platforms and participation in new projects within the crypto ecosystem. Binance Launchpool, in particular, has proven to be an effective tool for fostering interest and investment in new tokens, benefiting not only the new projects but also the investors who hold and stake BNB. Analyzing the capital inflows for BNB on the four-hour timeframe showed that inflows had been positive over a 20-day period, reaching a peak of +0.43 before dipping to its current level of +0.12. Bullish analysis to more 5~10% until tomorrow. #BnbAth #BTC #BNB $BNB $BTC
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