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At the start of the week, U.S. spot bitcoin exchange-traded funds experienced their seventh consecutive day of net outflows, losing $174.45 million during Monday’s trading session. Grayscale’s Bitcoin Trust (GBTC) was impacted most, seeing approximately $90 million in outflows.

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Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3% this week.
$USDC

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Analyst Warns of Bank of England Moment for US Debt, Steep Yield Increases
Otavio Costa, a Macro Strategist at Crescat Capital, a multidisciplinary asset management firm, has expressed concern about the state of the U.S. government securities liquidity index and its potential implications for the future of U.S. debt. He suggested that the U.S. is on the verge of experiencing its own ‘Bank of England’ moment prior to the elections, which could lead to a sharp increase in yields.
$BTC $ETH $BNB

🆘️🆘️🆘️⚖
Empire Market Admins Charged for $430 Million in Dark Web Deals.

The U.S. Homeland Security Investigations has charged two men for operating Empire Market, a dark web marketplace, facilitating $430 million in illegal transactions. The defendants face severe penalties, including life imprisonment. “During the investigation, federal law enforcement seized cryptocurrency valued at $75 million at the time of the seizures, as well as cash and precious metals,” said U.S. authorities.
$BTC $ETH $SOL

🆘️Fidelity’s FBTC and Ark Invest’s ARKB Among Biggest Losers During Monday’s Outflow.

U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $145 million. Fidelity’s FBTC continued to lead the outflows with $92 million exiting the fund on June 17.

It's down time $USDC

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Wasabi Wallet Lead Dev States Bitcoin Developers Failed El Salvador, Acknowledges Medium of Exchange Problems
Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El Salvador, having been unable to improve the situation of Bitcoin as a means of exchange, even with the use of lightning network.
$BTC #bitcoin #Web3

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37 Crypto Startups and Projects Gather $317 Million

With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto sector. Collectively, these investments totaled $317.87 million, with Avail, a modular blockchain project, leading the pack with $43 million.
$USDC $BTC $BNB #Web3 #bitcoin #Pump&Dump

$CRV is pumping strongly
what did i say 🤯
what do you say 🤯
#Web3 #TopCoins

$CRV is maybe at a break point.
Will it break to the upside or just collapse from this point?
$USDC #binance #Web3

$BTC 🆙️ Bitwise CEO: It’s Time for Bitcoin to Graduate From Being "Digital Gold"

Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the “digital gold” narrative limits bitcoin’s reach as an investment asset. Horsely stated that, while the “digital gold” representation has been helpful for bitcoin, it has many qualities that put it over gold and it is time to “graduate” from this notion.
#btc #up #TrendingBinance

$BTC 🌟 Global asset management firm Alliance Bernstein’s analysts predict that the price of bitcoin could soar to $200,000 by 2025, $500,000 by 2029, and an astounding $1 million by 2033. “We believe bitcoin is in a new bull cycle,” they said.
maybe this is just greedy desire?

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Symbiotic Restaking Protocol Raises $5.8 Million in Seed Round, Launches Simultaneously.
Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through asset restaking. At the same time, Symbiotic announced it had raised $5.8 million in its seed funding round led by Paradigm and Cyber.fund, which will be used to further its decentralized mission.
$BTC $ETH #CYBER $CYBER

phục hồi là đây sao 😳😳😳
$BTC $ETH $BNB

#TopCoinsJune2024 Bitcoin price dives to $66k

Why is Bitcoin price down on Tuesday?

The benchmark cryptocurrency’s struggles this week come after spot Bitcoin ETFs snapped a decent 19-day streak of net inflows on Monday. Data showed the sector recorded outflows of about $65 million.
Also on Tuesday, a Bitcoin wallet that had been dormant for more than 5 years, suddenly woke up and transferred 8,000 BTC worth more than $535 million to several addresses, including Binance.
According to Lookonchain, this wallet received 8,000 BTC on December 6, 2018. The price of Bitcoin was $3,810 at the time.
$BTC $ETH $BNB

Bitwala and Curve Announce Partnership for Digital Wallet Integration.

Bitwala, a blockchain banking service based in Berlin, has entered into a partnership with Curve, a digital wallet provider. The partnership is aimed at integrating Bitwala’s services with Curve’s digital wallet. Users can add Bitwala to their Curve Wallet and avail a 1% cashback offer on their purchases for 30 days. The Curve card can be linked to Google Pay or Apple Wallet, providing an additional layer of convenience. Curve’s unique feature, “Go Back in Time®”, allows users to switch payments between cards retrospectively.

#TopCoinsJune2024 #Web3 #Pump&Dump

Ava Protocol raises $10 million in Seed+ funding

Ava Protocol, a pioneering Web3 automation platform, has successfully raised $10 million in Seed+ funding, according to the latest information shared with Finbold on June 11.

With an initial $5.5 million round followed by an additional $4.5 million in Seed+ funding, the capital infusion will fuel the development of Ava Protocol’s intent-centric, event-driven Eigenlayer AVS set to revolutionize private autonomous transactions for Ethereum (ETH) and other blockchains.

However, the market is still in the red. So you know...

#TopCoinsJune2024

$The United States Federal Trade Commission (FTC) has warned the public of the rise in romance scams that often involve cryptocurrencies.

In a Monday notice, the FTC advised Americans on how they can handle the situation if their online romantic interest is offering them investment advice.

According to the FTC, the attackers “establish an emotional connection” to convince victims into believing that they are “experts in cryptocurrency.”

The commission noted these scammers often promise high returns that are possibly risk-free. However, it added that all such investments carry risks and the guarantees on profits are false.
#TopCoinsJune2024 #binance #risks

#UwU Lend, a lending and liquidity protocol, has reportedly been targeted by an exploit amounting to $19.3 million. 

A malicious hack recently targeted the decentralized lending platform. Reports from the blockchain security firm Arkham indicate that unknown perpetrators stole $19.3 million from the lending protocol.

The incident highlights ongoing security vulnerabilities in the DeFi sector, raising concerns about the safety of digital assets on decentralized platforms.
#TopCoinsJune2024 #defi2.0 #Web3 $SOL $BNB $BTC

Bitcoin and Ethereum user balances have dropped to levels not seen since 2020.
Glassnode data revealed that user balances of Bitcoin (BTC) and Ether (ETH) on centralized exchanges reached a four-year low as investors held out for higher prices in a bull market. 
BTC balances dipped to below 2.3 million coins, valued at around $160 billion, while ETH balances have dropped below 16 million, amounting to less than $59 billion
#TopCoinsJune2024 #binance #btc #bitcoin #Web3

Champions of the new growth phase: community

After years of recovery, self-education, and building, the industry and its community are back stronger than ever. It has experienced enough to understand that the survivors of the crash are here for the long-term and with plans to realize the vision of a blockchain-powered economy and society.

This enthusiasm has turned into vibrant activities in the community. As an exchange, KuCoin alone witnessed spot trading volume with a surge of 121.85% in Q1 2024, and the pre-market trading volume for tokens skyrocketed by 68%, reaching $23.12 million. This showcases that the community is ready to back the industry through another new growth phase that is anchored on unique innovations and technological evolutions, regardless of the project size.
#TopCoinsJune2024 #binance #Web3 $BTC $ETH $BNB