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BTCBULL24
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Weekly Crypto News recap: Part 1: Arkham Intelligence mistakenly reported a nearly $7 billion drop in #Bybit's reserves within two days, and it caused short-term panic among users. Grayscale launched two new investment products, providing investors access to Bitcoin layer-2 #Stacks and #Near Protocol. Show more TON has grown TVL much faster than peers in 2024 at 1500%. Vitalik unlocked 845,205 #STRK from the Locked Token Grant contract. Bloomberg analyst Eric Balchunas predicts the start of an Ethereum spot ETF as early as mid-June.

Weekly Crypto News recap:

Part 1:

Arkham Intelligence mistakenly reported a nearly $7 billion drop in #Bybit's reserves within two days, and it caused short-term panic among users.

Grayscale launched two new investment products, providing investors access to Bitcoin layer-2 #Stacks and #Near Protocol.

Show more

TON has grown TVL much faster than peers in 2024 at 1500%.

Vitalik unlocked 845,205 #STRK from the Locked Token Grant contract.

Bloomberg analyst Eric Balchunas predicts the start of an Ethereum spot ETF as early as mid-June.

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Latest Crypto's News for Today June 4, 2024: 1) MicroStrategy Founder Michael Saylor Agrees to $40M Settlement in D.C. Income Tax Case. The District of Columbia sued Saylor in 2022 for allegedly not paying income taxes while living in the district. 2) Former Binance CEO CZ Begins 4-Month Prison Sentence in California 3) GameStop Stock, Meme Tokens Surge, as User ‘DeepF**inggValue’ Returns to Reddit 4) Australia's First Spot Bitcoin ETF With Direct BTC Holdings Goes Live Today $BTC $BNB
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Factors Behind the Recent Surge in $DUKO meme coin on $SOL Several key factors have contributed to the significant rise of $DUKO this week: 1) Community Engagement and Hype: Meme coins thrive on community involvement and social media buzz. $DUKO has seen a surge in mentions across platforms like Twitter, Reddit, and Telegram, with influencers and community leaders promoting the coin. The increase in visibility and positive sentiment has attracted new investors, driving up demand and, consequently, the price. 2) Strategic Partnerships and Listings: Recent partnerships and listings on prominent exchanges have provided $DUKO with greater accessibility and legitimacy. These developments have not only increased trading volume but also attracted institutional interest, further propelling the coin's value. 3) Innovative Marketing Campaigns: The team behind $DUKO has executed several creative marketing campaigns, including meme contests, giveaways, and charity drives. These initiatives have strengthened the community’s bond and expanded its reach, drawing in more supporters and investors. 4) $DUKO, with its low entry price and potential for rapid gains, fits this profile perfectly, attracting speculators eager to capitalize on the trend. I believe DUKO still has a very strong potential when the real bull market starts.
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Mode AIRDROP - SEASON 2 MODE SEASON 2 INTRODUCES MODE TOKEN MULTIPLIERS, BLUE-CHIP APPLICATIONS SUCH AS VELODROME AND BALANCER, AND NEW ASSETS SUCH AS ETHENA’S USD AND SUSDE. 500,000,000 (5% OF MODE SUPPLY) HAS BEEN ALLOCATED TO THE SEASON 2 AIRDROP WHICH RUNS FROM MAY 5TH TO SEPTEMBER 6TH 2024. Action Plan to farm and be eligible for the airdrop: 1) on your EVM wallet, bridge some assets from any network (e.g. ETH) to mode network and keep it on Mode network to accumulate points (you can use Orbiter finance bridge which will also help you gain points for their own airdrop as well) 2) explore and interact on their ecosystem and Dapps (stake or swap) some assets on the Dapps 3) happy farming Referral code: KSVer4 for 15% points boost #airdrop #ModeNetwork $BNB $BTC $ETH
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Currently one of my fav potential airdrops on Solana $SOL is Sanctum: - Sanctum is a DeFi protocol on the Solana blockchain that enhances liquid staking.  - One of Sanctum's key innovations is its unified liquidity pool, which allows an infinite number of LSTs to be added to a single pool. - Sanctum has shown significant traction within the Solana community, with TVL exceeding $700 million. - Sanctum supports the creation of custom LSTs with unique offerings, including meme-based LSTs like dogwifSOL, adding a fun element to staking and potentially attracting different community supporters. - While Sanctum does not currently have its own token, it operates a points system that hints at a potential future airdrop. Link for Sanctum's official website (you get boosted entry points for the potential airdrop if you use my referral code: K4RCJO or link below: https://sanc.tm/w?ref=K4RCJO How to farm and be eligible for the potential airdrop: 1) Go to Sanctum and click on "Join Now." 2) Choose any LST (pet) that you want to support, and stake SOL (buy with SOL) for an LST 3) If you are a meme-lover, you can also stake your SOL with meme-based LSTs 4) Happy farming... Please don't forget to like and follow the post and if possible to use my referral code and I will continue supporting the community with more airdrop opportunities on continuous basis. #airdrop #solana #sanctum
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What is Stargate Finance ? and why is it significantly up today ? Stargate Finance (STG) is an omnichain-native asset bridge that was designed to solve the blockchain trilemma, which said that no blockchain could be decentralized, secure, and fast simultaneously. It does this by simplifying cross-chain DeFi transactions that allow users to transfer and swap their assets between various blockchains, layer 2 networks, and dApps almost instantly. Stargate users can also move their assets between different liquidity pools on various DeFi protocols and dApps. The protocol supports transfers between eight chains: Ethereum, Avalanche, Polygon, Metis, BNB Chain, Arbitrum, Optimism, and Fantom. why is it up ? On May 28, the team at Stargate Finance announced Stargate V2 Pools and Incentives that went official live. Users were able to deposit their liquidity into V2 pools. They were also announcing the 24-hour countdown to DeFi’s cheapest and most interoperable bridge. $STG
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