🇺🇸 Donald Trump says he will "end Joe Biden's war on crypto, and ensure that the future of crypto and the future of Bitcoin will be made in America."

--・7.2k views

Отказ от отговорност: Включва мнения на трети страни. Това не е финансов съвет. Може да включва спонсорирано съдържание. Вижте Правилата и условията.

Отговори 1

Разгледайте най-новите крипто новини

⚡️ Бъдете част от най-новите дискусии в криптовалутното пространство

💬 Взаимодействайте с любимите си създатели

👍 Насладете се на съдържание, което ви интересува

Имейл/телефонен номер

Съответен създател

LIVE

TopCryptoNews

@TopCryptoNews

Разгледайте повече от Създателя на съдържание

🔥 Top cryptocurrencies to watch this week: AVAX, JASMY, BONK 🔸 #AVAX hits yearly low Avalanche (AVAX) suffered a heavy blow, especially on June 17 and 18 when the turbulence intensified. AVAX began the week with a mild 0.23% gain, trailing Bitcoin’s meager rise that day. However, as the Bitcoin collapse triggered a market drop, Avalanche recorded a free fall, collapsing nearly 12% within two days to trade at $26.60 for the first time since last December. AVAX broke its record for the lowest price this year on two occasions last week. It hit a new yearly low of $24.94 on June 18, and then dropped to a lower value of $24.52 on June 22. The asset saw a 14.66% loss last week, closing the week at $25.61. This figure marked a YTD drop of 33% for Avalanche. 🔸 #JASMY retests lower Bollinger Band JasmyCoin (JASMY) saw higher gains during periods of upswings. For instance, the token initially soared 12.33% on June 16, when BTC and other assets saw negligible gains. The correction saw JASMY record four days of losses, culminating in a 25% collapse. JASMY eventually retested the lower Bollinger Band ($0.0296) on June 20, briefly dropping below it. The asset engineered a surge to decisively push above the lower band, with an 8.52% gain on June 22. This helped JASMY reclaim some of the lost values, but it still saw a 7.46% drop last week. 🔸 #BONK collapses Bonk (BONK), the only meme coin on this week’s “top cryptocurrencies” list, suffered from its higher volatility. It is witnessing steeper declines than the rest of the market. Following a 3% gain on June 16, the bears triggered a 17% crash in BONK’s price on June 17 and 18. BONK consolidated after this sharp drop, but maintained the bearish momentum despite securing a listing on Bitstamp. It closed the week with a 15.6% drop. BONK must push above the 23.6% Fibonacci retracement ($0.00002543) and the 50-day EMA ($0.00002637) to flip its momentum to bullish. $BONK $JASMY $AVAX

🔷 Ethereum #ETF Expected This Week, Says ETF Store President Nate Geraci of ETF Store predicts imminent approval of Ethereum spot ETFs.Former SEC official Jay Clayton underscores the inevitability of Ethereum ETF approvals amid growing institutional interest in crypto assets.Hashdex withdraws its application for a spot Ethereum ETF. There is increasing excitement over the potential approval of Ethereum spot ETFs, fueled by comments from Nate Geraci, president of ETF Store, suggesting approval could be imminent, potentially within the next week. 💬 I’m deciphering this as spot eth ETFs will be approved this week… Just me tho. — Nate Geraci Geraci’s prediction aligns with industry insiders such as Eric Balchunas from Bloomberg, who foresee a debut as early as July 2, strategically coinciding with the U.S. Independence Day holiday. Former SEC official Jay Clayton has further bolstered expectations, emphasizing that the approval of Ethereum ETFs appears to be a matter of “when” rather than “if.” This unfolding saga occurs amidst increasing institutional interest in the crypto market, with a particular focus on major assets like BTC and ETH. Currently, the SEC is diligently reviewing revised proposals from leading asset managers, including VanEck, BlackRock, Grayscale, and Invesco Galaxy Digital. These firms have recently updated their S-1 reports, also disclosing specific management details. Adding to the intrigue, Hashdex, a significant player in the ETF arena, has unexpectedly withdrawn its application for a spot Ethereum ETF. While reasons for this withdrawal remain undisclosed, Hashdex has hinted at future plans involving a combined Ethereum and Bitcoin solution. All eyes are now trained on the SEC’s forthcoming decisions, which have the potential to mark a transformative milestone in integrating crypto assets into traditional financial markets. The approval of Ethereum spot ETFs could significantly impact market dynamics, potentially influencing the price trajectory of ETH and other cryptocurrencies. $ETH #ETH

🏛️ Ripple’s Legal Victory: Understanding the Impact on XRP and SEC’s Potential Appeal Despite Judge Phyllis Hamilton dismissing several claims against Ripple in the Zakinov lawsuit, including securities law violation allegations, the debate over XRP’s status as a security remains unresolved. However, a trial will proceed concerning misleading statements related to the offer or sale of securities under California state law. This claim centers on a 2017 statement by Ripple CEO Brad Garlinghouse, where he said: 💬 I’m long XRP, I’m very, very long XRP as a percentage of my personal balance sheet… [I am] not long on some of the other [digital]assets, because it is not clear to me what’s the real utility, what problem are they solving… if you’re solving a real problem, if it’s a scaled problem, then I think you have a huge opportunity to continue to grow that. We have been really fortunate obviously, I remain very, very, very long XRP, there is an expression in the industry HODL, instead of hold, it’s HODL… I’m on the HODL side. 🔸 Court Rulings and Their Implications U.S. courts dismissed allegations that Ripple breached U.S. securities laws, which contrasts with a New York ruling finding Ripple in violation. In July 2023, Judge Analisa Torres ruled that Ripple violated U.S. securities laws by selling XRP to institutional investors. Ripple and the SEC await a court decision on the penalty Ripple must pay. 🔸 The SEC’s Potential Appeal and Market Impact Regarding the SEC and the Programmatic Sales of XRP ruling, Judge Phyllis Hamilton referenced this in her court order. If Ripple loses the case concerning the Howey test’s third prong, the SEC might find grounds to appeal the Programmatic Sales ruling. In July 2023, Judge Torres also ruled that programmatic sales of XRP do not satisfy the Howey test. Ripple’s latest court victory leaves many questions about XRP’s future. A successful SEC appeal could significantly affect XRP’s outlook. $XRP #XRP

⚠️ Arbitrum Committee Recommends 6M #ARB Diversification into $USDY of Ondo Finance Ondo Finance, a prominent on-chain institutional-grade financial platform, has recently witnessed a significant development. As per it, the STEP Committee of Arbitrum has reportedly proposed diversification of up to 6 million ARB tokens into Ondo Finance’s $USDY. The platform took to the social media forum X to disclose the respective development. 💬 We are thrilled to share that the @Arbitrum Foundation STEP Committee has recommended a diversification of 6M $ARB from the Arbitrum DAO Treasury into Ondo $USDY. 💬 Out of 30+ applications, the Committee is recommending six products, with over 17% of the funds set to be allocated to. — Ondo Finance 🔸 Ondo Finance Sees the Recommendation of 6M ARB Diversification by Arbitrum Committee into $USDY In its X post, the firm provided the details of the respective recommendation. According to the firm, the Committee reportedly recommends 6 products. Overall, they stand among more than thirty applications. The respective products possess more than seventeen percent of the funds seeing allocation for $USDY. This figure stands as 2nd only to BUILD of BlackRock. The respective development indicates the significant reputation the $USDY token is getting. In addition to this, the platform also expressed its enthusiasm regarding the respective move. It brought to the front that the $USDY token has been securing a remarkable position because of the high-quality nature thereof. 🔸 The Platform Expresses Thanks for the Committee’s Full Diligence Apart from that, the platform also noted that it appreciates the comprehensive diligence procedure of the committee. Along with that, the company pursues the community vote from Arbitrum. Along with that, it also assures its readiness for further progress. In this respect, Ondo Finance reportedly intends to expand its endeavors dealing with collaboration. While moving on, the company expressed a special thanks addressing the STEP DAO and committee members.

🔥 Crypto Market Still in Bull Cycle But There Are Worrying Signs 🔸 Lack of Bullish Momentum The lack of bullish momentum in the crypto market is evident in weak bitcoin whale demand growth and low stablecoin liquidity. Demand from large BTC holders has no strength and is growing at a monthly rate of 4.8%. Although the current rate is slightly higher than the 2.4% seen in late May, it is still a far cry from the 6%-10% recorded in the first quarter of this year, when BTC rallied to its all-time high. In addition, traders’ demand for BTC is yet to reignite, as seen in on-chain data, which suggests that they are not purchasing the asset at the moment. This cohort of investors has been diminishing their holdings since bitcoin’s price touched $70,000 in late May. Stablecoin liquidity, correlated with price rallies, has continued to go low, recording the slowest pace since November 2023. Tether’s (USDT) 60-day market capitalization growth has slowed from $12.6 billion in late April to $3.7 billion currently. The crypto market needs higher stablecoin liquidity for prices to surge. 🔸 BTC Could Hit $60K Furthermore, the demand for bitcoin and ether (ETH) from United States investors is still at its weakest, which is evident in the BTC and Ethereum Coinbase Premiums staying below zero since May 20. U.S. investor demand growth is a significant driver for BTC and ETH prices. The weak demand from U.S. investors can also be seen in spot Bitcoin exchange-traded funds, which have been on an outflow streak since June 13. The funds have collectively lost over $100 million every trading day in the past week. 💬 “Indeed, CryptoQuant’s Bull-Bear Market Cycle indicator is still trending downwards, signaling we remain in a bull market but without much upward momentum. The index is at its lowest level since October 2023 and below its 30-day moving average. A crossover it’s 30-day moving average is needed for the index to signal upward bull momentum,” CryptoQuant stated. $BTC #BTC #Bitcoin

Последни новини

Snowbridge, The Trustless Bridge Connecting Ethereum And Polkadot, Officially Launches

Parallel Network Ceases Support For Otherdeed Expanded NFT Due To Lack Of Market Liquidity

Bitcoin(BTC) Drops Below 61,000 USDT with a 5.16% Decrease in 24 Hours

Shnuggly.eth Converts Large Amounts of WstETH and WeETH into WBTC

Bitcoin Mining Industry Attracts Investor Interest Following Core Scientific and CoreWeave Collaboration

Вижте повече

Карта на сайта

Cookie Preferences

Правила и условия на платформата

Карта на сайта

Правила и условия на платформата

ba-one-trust-cookie