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#TopCoinsJune2024 #Binance will list @ionet ( #IO ) tomorrow at 12:00 UTC or 5:30 pm IST. The IO Ecosystem has experienced significant improvements recently, establishing it as one of the largest DePIN projects in Web3. #BnbAth has reached a new all-time high, undoubtedly thanks to the recently announced Launchpool and #megadrop events. 1. ⁠Head over to the launchpad page 2. You will see IO, click on it. 3. ⁠You have to stake $BNB or $FDUSD in any of the pools to farm $IOTA IONET is a decentralized AI computing and cloud platform. By aggregating GPU resources, it creates an infrastructure that allows machine learning to access unlimited computing power at a fraction of traditional cloud costs. **Investors:** The team has raised $30 million from numerous TIER1 investors. Notable names among the investors include Delphi Digital, Animoca Brands, Multicoin Capital, OKX Ventures, and Solana Ventures. **Price Expectation:** At the time of listing, 95 million IO tokens will enter circulation. Comparing the project to its competitors and previous Binance Launchpool listings, I believe it will easily surpass a market value of $400 million and expect the listing to start at a minimum of $4 per token. #IOprediction
#TopCoinsJune2024

#Binance will list @ionet ( #IO ) tomorrow at 12:00 UTC or 5:30 pm IST. The IO Ecosystem has experienced significant improvements recently, establishing it as one of the largest DePIN projects in Web3.

#BnbAth has reached a new all-time high, undoubtedly thanks to the recently announced Launchpool and #megadrop events.

1. ⁠Head over to the launchpad page
2. You will see IO, click on it.
3. ⁠You have to stake $BNB or $FDUSD in any of the pools to farm $IOTA

IONET is a decentralized AI computing and cloud platform. By aggregating GPU resources, it creates an infrastructure that allows machine learning to access unlimited computing power at a fraction of traditional cloud costs.

**Investors:**
The team has raised $30 million from numerous TIER1 investors. Notable names among the investors include Delphi Digital, Animoca Brands, Multicoin Capital, OKX Ventures, and Solana Ventures.

**Price Expectation:**
At the time of listing, 95 million IO tokens will enter circulation. Comparing the project to its competitors and previous Binance Launchpool listings, I believe it will easily surpass a market value of $400 million and expect the listing to start at a minimum of $4 per token.
#IOprediction
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💥💥💥 #CryptoMarket tumble seen as quick shakeout, traders expect 'bullish' rebound Bitcoin ($BTC ), Ether ($ETH ), and the wider altcoin market faced a downturn post the release of robust U.S. employment data on June 7. This unexpected turn was viewed by traders as a temporary "shakeout" before resuming the upward trend. Pseudonymous crypto trader il Capo of Crypto noted on June 7 a "strong sell-off into support," especially impacting altcoins, interpreting it as a market shakeout, where simultaneous selling occurs due to uncertainty. The U.S. Employment Situation Summary Report revealed higher-than-expected job growth, contrary to analysts' predictions, potentially affecting decisions on inflation and Bitcoin's trajectory. Markus Thielen, head of research at 10x Research, speculated that a weaker report could prompt rate cuts, while attention turns to the upcoming CPI inflation report. Despite the unexpected data, Thielen suggested the employment report didn't directly trigger the crypto market drop, describing the data as "mixed," with an increase in part-time workers. Traders are monitoring key support levels, with il Capo of Crypto suggesting a bullish continuation if these levels hold. Bitcoin dipped 1.99%, Ether 3.22%, and altcoins suffered more significant losses, like Pepe ($PEPE ) dropping 10.54%. Other traders saw the downturn as a buying opportunity, expressing optimism about the market's long-term prospects. They view the recent dip as a precursor to a real bullish phase, indicating readiness to buy the dips for a potential quick turnaround trade. Despite the market's reaction to the employment data, many traders anticipate a bullish continuation once the current shakeout stabilizes. Source - cointelegraph.com #ETHETFsApproved #altcoins #BTC #bitcoin
💥💥💥 #CryptoMarket tumble seen as quick shakeout, traders expect 'bullish' rebound
Bitcoin ($BTC ), Ether ($ETH ), and the wider altcoin market faced a downturn post the release of robust U.S. employment data on June 7. This unexpected turn was viewed by traders as a temporary "shakeout" before resuming the upward trend.

Pseudonymous crypto trader il Capo of Crypto noted on June 7 a "strong sell-off into support," especially impacting altcoins, interpreting it as a market shakeout, where simultaneous selling occurs due to uncertainty.

The U.S. Employment Situation Summary Report revealed higher-than-expected job growth, contrary to analysts' predictions, potentially affecting decisions on inflation and Bitcoin's trajectory.

Markus Thielen, head of research at 10x Research, speculated that a weaker report could prompt rate cuts, while attention turns to the upcoming CPI inflation report.

Despite the unexpected data, Thielen suggested the employment report didn't directly trigger the crypto market drop, describing the data as "mixed," with an increase in part-time workers.

Traders are monitoring key support levels, with il Capo of Crypto suggesting a bullish continuation if these levels hold. Bitcoin dipped 1.99%, Ether 3.22%, and altcoins suffered more significant losses, like Pepe ($PEPE ) dropping 10.54%.

Other traders saw the downturn as a buying opportunity, expressing optimism about the market's long-term prospects. They view the recent dip as a precursor to a real bullish phase, indicating readiness to buy the dips for a potential quick turnaround trade.

Despite the market's reaction to the employment data, many traders anticipate a bullish continuation once the current shakeout stabilizes.

Source - cointelegraph.com

#ETHETFsApproved #altcoins #BTC #bitcoin
Ethereum Whale Moves $33.55 Million in ETH to Coinbase: Details. An Ethereum (ETH) whale has transferred 8,710 ETH, valued at approximately $33.55 million, to Coinbase, one of the leading cryptocurrency exchanges. The transaction was highlighted by Whale Alert, a service that tracks large crypto transactions. The transfer has sparked speculation that this whale might be preparing to sell a large portion of their holdings. Such moves are closely watched by the crypto community, as they can significantly impact market dynamics. Given the recent rally in Ethereum's price, it is plausible that the whale intends to capitalize on the gains. Over the last 30 days, the ETH price has surged by 22.15%, and it is currently trading at $3,849, up 1.20% in the past 24 hours. Market context and implications. Ethereum's recent price performance has been robust, driven by a confluence of factors, including market optimism and broader adoption trends. The approval of spot Ethereum ETFs (exchange-traded funds) has been a major catalyst. These ETFs are expected to begin trading in the coming weeks, and many analysts believe that their introduction will further fuel Ethereum's price appreciation. The approval of these ETFs marks a significant milestone for the leading altcoin, providing traditional investors with a new avenue to gain exposure to the cryptocurrency. This could potentially lead to increased demand and higher prices. Analysts are bullish on Ethereum's outlook, predicting that the price could surge as these ETFs launch and attract more institutional and retail investment. Whale transactions, particularly those involving large amounts of cryptocurrency being moved to exchanges, are often seen as precursors to market volatility. Historically, large sell-offs have sometimes led to short-term dips in price, but the overall upward trajectory is driven by strong fundamentals, and increasing adoption tends to mitigate long-term concerns. #StartInvestingInCrypto #ETHETFsApproved #altcoins #BTC #bitcoin
Ethereum Whale Moves $33.55 Million in ETH to Coinbase: Details.

An Ethereum (ETH) whale has transferred 8,710 ETH, valued at approximately $33.55 million, to Coinbase, one of the leading cryptocurrency exchanges. The transaction was highlighted by Whale Alert, a service that tracks large crypto transactions. The transfer has sparked speculation that this whale might be preparing to sell a large portion of their holdings.

Such moves are closely watched by the crypto community, as they can significantly impact market dynamics. Given the recent rally in Ethereum's price, it is plausible that the whale intends to capitalize on the gains. Over the last 30 days, the ETH price has surged by 22.15%, and it is currently trading at $3,849, up 1.20% in the past 24 hours.
Market context and implications.

Ethereum's recent price performance has been robust, driven by a confluence of factors, including market optimism and broader adoption trends. The approval of spot Ethereum ETFs (exchange-traded funds) has been a major catalyst. These ETFs are expected to begin trading in the coming weeks, and many analysts believe that their introduction will further fuel Ethereum's price appreciation.

The approval of these ETFs marks a significant milestone for the leading altcoin, providing traditional investors with a new avenue to gain exposure to the cryptocurrency. This could potentially lead to increased demand and higher prices. Analysts are bullish on Ethereum's outlook, predicting that the price could surge as these ETFs launch and attract more institutional and retail investment.

Whale transactions, particularly those involving large amounts of cryptocurrency being moved to exchanges, are often seen as precursors to market volatility. Historically, large sell-offs have sometimes led to short-term dips in price, but the overall upward trajectory is driven by strong fundamentals, and increasing adoption tends to mitigate long-term concerns.
#StartInvestingInCrypto #ETHETFsApproved #altcoins #BTC #bitcoin
$NOT $PEPE $ADA 🛑🛑🛑 Urgent urgent urgent update 1️⃣ Analysis of the trio NOT, PEPE, and ADA. Let's start first with NOT. As we know, NOT reached the second strongest area, 0.029600, then fell to the 0.020000 area. However, the NOT currency is still negative because it is under the resistance of 0.023000. It is very important for the rise. It also needs to go back again, and the RSI 4H indicator is trying to rise. The 58.00 area to the 60.00 area is a possibility of a breakout, but it is not certain due to the presence of news during these days, so the market is still negative with the market rising, and any 4H close above the 0.024750 area is positive. 2️⃣ PEPE has returned to its normal place, but we must see a positive close above the 0.00001600 area. With this, now we need any 4H close above the 0.00001518 area. The next target is 0.00001584, then the last goal is to break through the 0.00001700 area. 3️⃣ ADA is negative over 4H and negative over 1D, so we need any break of the 0.4600 area, and above any breakout of the 0.4750 area, it is positive on the daily frame and on the RSI indicator it is negative, but it is possible that we will see a strong rise in the coming days in the event of a positive close. As for the 1D RSI indicator, it is also bearish and at 1W. Negative so the coin needs some time to return 🛑🛑🛑 Any news or information issued by me is not advice, so do not forget to use DYOR ♥️ Thank you for Watching my Post ♥️ ♥️You can support me with tips to provide better content♥️ 🔴🔴🔴 Note about coin : 1. Analysis in front of you, no need for questions 2. Taking profits is not my responsibility so I order it for you 3. Click the currency symbol (yellow font) in the post to buy spot. Click the rectangular box at the end of the post to buy Futures. #StartInvestingInCrypto #ETHETFsApproved #altcoins #BTC #bitcoin
$NOT $PEPE $ADA
🛑🛑🛑 Urgent urgent urgent update

1️⃣ Analysis of the trio NOT, PEPE, and ADA. Let's start first with NOT. As we know, NOT reached the second strongest area, 0.029600, then fell to the 0.020000 area. However, the NOT currency is still negative because it is under the resistance of 0.023000. It is very important for the rise. It also needs to go back again, and the RSI 4H indicator is trying to rise. The 58.00 area to the 60.00 area is a possibility of a breakout, but it is not certain due to the presence of news during these days, so the market is still negative with the market rising, and any 4H close above the 0.024750 area is positive.

2️⃣ PEPE has returned to its normal place, but we must see a positive close above the 0.00001600 area. With this, now we need any 4H close above the 0.00001518 area. The next target is 0.00001584, then the last goal is to break through the 0.00001700 area.

3️⃣ ADA is negative over 4H and negative over 1D, so we need any break of the 0.4600 area, and above any breakout of the 0.4750 area, it is positive on the daily frame and on the RSI indicator it is negative, but it is possible that we will see a strong rise in the coming days in the event of a positive close. As for the 1D RSI indicator, it is also bearish and at 1W. Negative so the coin needs some time to return
🛑🛑🛑 Any news or information issued by me is not advice, so do not forget to use DYOR

♥️ Thank you for Watching my Post ♥️

♥️You can support me with tips to provide better content♥️

🔴🔴🔴 Note about coin : 1. Analysis in front of you, no need for questions 2. Taking profits is not my responsibility so I order it for you 3. Click the currency symbol (yellow font) in the post to buy spot. Click the rectangular box at the end of the post to buy Futures.
#StartInvestingInCrypto #ETHETFsApproved #altcoins #BTC #bitcoin
Hi Guys, IT's Big & Big #alert About $PEPE Millionaire Who Made $5.3 Million in 6 Months How? Pepe Coin Investor Makes $5.3 Million in Just 6 Months A mysterious cryptocurrency investor realized nearly $5.3 million in profits by taking an entry position in Pepe Coin. The trader had invested in Pepe Coin using the dollar-cost average method (DCA) which came around $500,000 until December 2023. Cut forward six months down the line, the same wallet has now ballooned from $500,000 to a whopping $5.3 million. Data from Lookonchain shows that the investor has not yet sold Pepe Coin and continues holding the cryptocurrency. However, the investor has transferred the tokens to Binance this week which indicates a sell-off could be triggered. A whale deposited 365.96B $PEPE($5.3M) into #Binance for profit just now! He withdrew 365.96B $PEPE($494K at the time) from #MEXC on Dec 13 and Dec 16, 2023. He turned $494K into $5.3M in less than 6 months, with a profit of $4.82M and an ROI of 976%. The cryptocurrency market, especially the meme coin segment defies all financial logic and thoughts. The ones who enter at the right place and at the right time reap the profits while the others hold the bags. Meme currencies like Dogecoin, Shiba Inu, Pepe Coin, Floki, and BONK, among others, defy charts and logic. While only a handful of them make millions and billions, the others sit with bagful of losses. Luck also plays a deciding factor in generating wealth with meme coins as not everyone can make it big. The ‘greater fool theory’ can be applied here as meme cryptocurrencies survive and thrive with hype, frenzy, and fandom. The reflection is seen in all meme coins like Dogecoin, Shiba Inu, Pepe Coin, Floki, and BONK, among others. $PEPE #pepe⚡ #StartInvestingInCrypto #altcoins #BTC #bitcoin
Hi Guys,

IT's Big & Big #alert About $PEPE Millionaire Who Made $5.3 Million in 6 Months How?

Pepe Coin Investor Makes $5.3 Million in Just 6 Months
A mysterious cryptocurrency investor realized nearly $5.3 million in profits by taking an entry position in Pepe Coin. The trader had invested in Pepe Coin using the dollar-cost average method (DCA) which came around $500,000 until December 2023.

Cut forward six months down the line, the same wallet has now ballooned from $500,000 to a whopping $5.3 million. Data from Lookonchain shows that the investor has not yet sold Pepe Coin and continues holding the cryptocurrency.

However, the investor has transferred the tokens to Binance this week which indicates a sell-off could be triggered.

A whale deposited 365.96B $PEPE ($5.3M) into #Binance for profit just now!
He withdrew 365.96B $PEPE ($494K at the time) from #MEXC on Dec 13 and Dec 16, 2023.

He turned $494K into $5.3M in less than 6 months, with a profit of $4.82M and an ROI of 976%.

The cryptocurrency market, especially the meme coin segment defies all financial logic and thoughts. The ones who enter at the right place and at the right time reap the profits while the others hold the bags.

Meme currencies like Dogecoin, Shiba Inu, Pepe Coin, Floki, and BONK, among others, defy charts and logic.

While only a handful of them make millions and billions, the others sit with bagful of losses. Luck also plays a deciding factor in generating wealth with meme coins as not everyone can make it big.

The ‘greater fool theory’ can be applied here as meme cryptocurrencies survive and thrive with hype, frenzy, and fandom. The reflection is seen in all meme coins like Dogecoin, Shiba Inu, Pepe Coin, Floki, and BONK, among others.
$PEPE
#pepe⚡ #StartInvestingInCrypto #altcoins #BTC #bitcoin
Is $PEPE Coin a good buy in 2024? Is it profitable? Let's find out.. 🎯 Based on multiple technical quantitative indicators, the current forecast for Pepe Coin in 2024 is neutral. This could be an indication that Pepe Coin is a good buy in 2024. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Pepe Coin or not. Over the last 30 days, Pepe Coin had 14/30 (47%) green days. According to our historical data, it is currently profitable to invest in Pepe Coin. The price of Pepe Coin increased by 1,176.29% in the last 1 year. And also according to our Pepe Coin forecast, the price of Pepe Coin will increase by 30.59% over the next week and reach $ 0.00001943 by June 10, 2024. It's my Analysis. Not an Investment Advice. #bitcoin #pepe⚡ #ETHETFsApproved #altcoins #BTC
Is $PEPE Coin a good buy in 2024? Is it profitable? Let's find out.. 🎯

Based on multiple technical quantitative indicators, the current forecast for Pepe Coin in 2024 is neutral. This could be an indication that Pepe Coin is a good buy in 2024.

However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Pepe Coin or not.

Over the last 30 days, Pepe Coin had 14/30 (47%) green days. According to our historical data, it is currently profitable to invest in Pepe Coin. The price of Pepe Coin increased by 1,176.29% in the last 1 year.

And also according to our Pepe Coin forecast, the price of Pepe Coin will increase by 30.59% over the next week and reach $ 0.00001943 by June 10, 2024.

It's my Analysis. Not an Investment Advice.
#bitcoin #pepe⚡ #ETHETFsApproved #altcoins #BTC
GOOD NEWS TO THOSE WHO LOCKED BNB 😋💪🏾 Those farming Lista on megadrop, you will be earning triple rewards, - BNB daily interests - LISTA token. - launchpool project tokens. Listing Binance will then list IO at 2024-06-11 12:00 (UTC) and open trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs. The seed tag will be applied to IO. IO Launchpool Details Token Name: IO.NET (IO) Total Token Supply at Genesis: 500,000,000 IO Max Token Supply: 800,000,000 IO Launchpool Token Rewards: 20,000,000 IO (4% of total token supply at Genesis) Initial Circulating Supply: 95,000,000 IO (19% of total token supply at Genesis) Smart Contract Details: Solana Staking Terms: KYC required Hourly Hard Cap per User: 17,708.33 IO in BNB pool 3,125 IO in FDUSD pool Binance, we BUILD. $BNB #Binance55thProject(IO) #StartInvestingInCrypto #BTC #ETHETFsApproved #FIT21
GOOD NEWS TO THOSE WHO LOCKED BNB 😋💪🏾

Those farming Lista on megadrop, you will be earning triple rewards,
- BNB daily interests
- LISTA token.
- launchpool project tokens.
Listing
Binance will then list IO at 2024-06-11 12:00 (UTC) and open trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs. The seed tag will be applied to IO.

IO Launchpool Details
Token Name: IO.NET (IO)
Total Token Supply at Genesis: 500,000,000 IO
Max Token Supply: 800,000,000 IO
Launchpool Token Rewards: 20,000,000 IO (4% of total token supply at Genesis)
Initial Circulating Supply: 95,000,000 IO (19% of total token supply at Genesis)

Smart Contract Details: Solana
Staking Terms: KYC required
Hourly Hard Cap per User:
17,708.33 IO in BNB pool
3,125 IO in FDUSD pool
Binance, we BUILD.

$BNB
#Binance55thProject(IO) #StartInvestingInCrypto #BTC #ETHETFsApproved #FIT21
3 Meme Coins Worth to Watch $PEPE (Pepe): An inverted head-and-shoulders pattern has emerged on the daily chart for PEPE. This pattern is a bullish reversal signal. The confirmed formation of this pattern suggests that a memecoin reversal breakout is near for PEPE. Keep an eye on its price movement as it may experience significant upward momentum. $BONK : Similar to PEPE, BONK also exhibits an inverted head-and-shoulders pattern on its daily chart. This pattern indicates a potential bullish breakout for BONK. Traders and investors should closely monitor its price action for further confirmation. $DOGE (Dogecoin): While Dogecoin started as a joke, it has become a well-known and widely traded meme coin. Elon Musk’s tweets and community enthusiasm continue to impact its price. Keep an eye on DOGE for potential bullish movements, especially during market rallies. Remember that meme coins can be highly speculative, so always do your research and consider your risk tolerance before investing. #MemeWatch2024 #StartInvestingInCrypto #BinanceLaunchpool #Megadrop #altcoins
3 Meme Coins Worth to Watch

$PEPE (Pepe):
An inverted head-and-shoulders pattern has emerged on the daily chart for PEPE. This pattern is a bullish reversal signal. The confirmed formation of this pattern suggests that a memecoin reversal breakout is near for PEPE. Keep an eye on its price movement as it may experience significant upward momentum.

$BONK :
Similar to PEPE, BONK also exhibits an inverted head-and-shoulders pattern on its daily chart. This pattern indicates a potential bullish breakout for BONK. Traders and investors should closely monitor its price action for further confirmation.

$DOGE (Dogecoin):
While Dogecoin started as a joke, it has become a well-known and widely traded meme coin. Elon Musk’s tweets and community enthusiasm continue to impact its price. Keep an eye on DOGE for potential bullish movements, especially during market rallies.

Remember that meme coins can be highly speculative, so always do your research and consider your risk tolerance before investing.
#MemeWatch2024 #StartInvestingInCrypto #BinanceLaunchpool #Megadrop #altcoins
Solana The summer is at the door: These Memecoins Can Storm the Market! Solana Summer, which has been trending on social media for a while, attracted attention with the rise of various memecoins. The Solana ecosystem, which directs the Memecoin market, has become a household name lately. Solana, which has become the favorite network of memecoin traders in terms of low transaction fees and speed, may become more prominent this summer. Memecoins, which are much stronger than other trends, will attract more attention with the good progress of the market. So which memecoins in the Solana ecosystem can leave their mark on the 2024 bull season? 1- By far the top: dogwifhat (#WIF ) 2- He became famous with his story: #BOOK of #MEME (BOME) 3- It can start the cat trend: cat in a dogs world (#MEWING ) 4- An important candidate in the cat craze: Popcat (#POPCAT ) 5- Leading the political memecoins: tremp (doland tremp) $WIF $BOME $MEME
Solana The summer is at the door: These Memecoins Can Storm the Market!

Solana Summer, which has been trending on social media for a while, attracted attention with the rise of various memecoins.

The Solana ecosystem, which directs the Memecoin market, has become a household name lately. Solana, which has become the favorite network of memecoin traders in terms of low transaction fees and speed, may become more prominent this summer.

Memecoins, which are much stronger than other trends, will attract more attention with the good progress of the market. So which memecoins in the Solana ecosystem can leave their mark on the 2024 bull season?

1- By far the top: dogwifhat (#WIF )
2- He became famous with his story: #BOOK of #MEME (BOME)
3- It can start the cat trend: cat in a dogs world (#MEWING )
4- An important candidate in the cat craze: Popcat (#POPCAT )
5- Leading the political memecoins: tremp (doland tremp)
$WIF $BOME $MEME
Big development in FTX: The Cost Of Bankruptcy Is Astounding. While FTX founder Sam Bankman-Fried's case ends pending appeal, FTX's bankruptcy continues. In the latest update from the FTX estate under CEO John Ray III, the company has transferred its remaining shares in Anthropic, the artificial intelligence startup behind chatbot Claude, according to the company's latest bankruptcy filing. #FTX sold the remaining 15 million shares for approximately $30 each, generating over $450 million in proceeds. This brings the total return on FTX's $500 million investment in the company to approximately $1.3 billion, or $800 million in profit. The price per share for this second sale was the same as the first sale in March. The largest buyer of this round, global venture capital fund G Squared, purchased approximately one-third of the remaining shares (4.5 million) for $135 million. Venture capital funds also made up the majority of the other 20 buyers of Anthropic shares. Following the latest filings from the bankruptcy estate, the cost of the #FTX bankruptcy exceeded $500 million in legal and administrative fees. #FTX creditors complained that Sullivan and Cromwell, the primary law firm responsible for FTX's bankruptcy, was also one of the firms that represented FTX before the bankruptcy; this was a potential conflict of interest that led to the appointment of an independent auditor and class officer. An analysis by the New York Times last year found that law firms were charging hundreds of millions of dollars in fees for the bankruptcies of crypto companies. FTX #CEO John Ray has billed the estate $5.6 million since the lawsuit began, based on his $1,300 hourly wage. The entity plans to repay 98 percent of its creditors at least 118 percent of the allowable claims, measured in dollar value, at the time the exchange filed for bankruptcy. #Megadrop #StartInvestingInCrypto #MtGox #ETHETFsApproved #MicroStrategy
Big development in FTX: The Cost Of Bankruptcy Is Astounding.

While FTX founder Sam Bankman-Fried's case ends pending appeal, FTX's bankruptcy continues. In the latest update from the FTX estate under CEO John Ray III, the company has transferred its remaining shares in Anthropic, the artificial intelligence startup behind chatbot Claude, according to the company's latest bankruptcy filing.

#FTX sold the remaining 15 million shares for approximately $30 each, generating over $450 million in proceeds. This brings the total return on FTX's $500 million investment in the company to approximately $1.3 billion, or $800 million in profit. The price per share for this second sale was the same as the first sale in March.

The largest buyer of this round, global venture capital fund G Squared, purchased approximately one-third of the remaining shares (4.5 million) for $135 million. Venture capital funds also made up the majority of the other 20 buyers of Anthropic shares.

Following the latest filings from the bankruptcy estate, the cost of the #FTX bankruptcy exceeded $500 million in legal and administrative fees. #FTX creditors complained that Sullivan and Cromwell, the primary law firm responsible for FTX's bankruptcy, was also one of the firms that represented FTX before the bankruptcy; this was a potential conflict of interest that led to the appointment of an independent auditor and class officer.

An analysis by the New York Times last year found that law firms were charging hundreds of millions of dollars in fees for the bankruptcies of crypto companies.

FTX #CEO John Ray has billed the estate $5.6 million since the lawsuit began, based on his $1,300 hourly wage. The entity plans to repay 98 percent of its creditors at least 118 percent of the allowable claims, measured in dollar value, at the time the exchange filed for bankruptcy.
#Megadrop #StartInvestingInCrypto #MtGox #ETHETFsApproved #MicroStrategy
JASMY - Apple Partnership⁉️ Overly Optimistic at best and most likely fake! To get that straight at the beginning: I am a big fan of $JASMY and think it has a huge potential. However, at the same time I prefer to stay realistic and separate confirmed news from fake. ➡️ What happened Many JasmyCoin investors seem to think the project has partnered with Apple. As a result, JASMY has soared massively lately. Nevertheless, to be honest, this is overly optimistic news at best and most likely fake. ➡️ The true part of the story Tim Cook, Apple’s CEO agreed to add Japan’s “My Number” identification card functions onto iPhones. This was also confirmed by a spokesperson for the Japanese government. The integration is a huge step since it is planned to collect tax and social security data into a single identification card for Japanese citizens. ➡️ The unconfirmed part of the story Based on this news, JASMY investors started to spread the news that the cryptocurrency would also be integrated on iPhones. But, there are currently no confirmed reports from Apple, Japan, or JasmyCoin that confirm this! To get this clear: I am not saying that it isn’t possible that JASMY will be part of the deal. However, at the moment there is ZERO evidence for it‼ #Megadrop #StartInvestingInCrypto #ETHETFsApproved #Jasmyusdt⚠️⚠️ #MtGox
JASMY - Apple Partnership⁉️ Overly Optimistic at best and most likely fake!
To get that straight at the beginning: I am a big fan of $JASMY and think it has a huge potential.

However, at the same time I prefer to stay realistic and separate confirmed news from fake.

➡️ What happened
Many JasmyCoin investors seem to think the project has partnered with Apple. As a result, JASMY has soared massively lately.
Nevertheless, to be honest, this is overly optimistic news at best and most likely fake.

➡️ The true part of the story
Tim Cook, Apple’s CEO agreed to add Japan’s “My Number” identification card functions onto iPhones. This was also confirmed by a spokesperson for the Japanese government.
The integration is a huge step since it is planned to collect tax and social security data into a single identification card for Japanese citizens.

➡️ The unconfirmed part of the story
Based on this news, JASMY investors started to spread the news that the cryptocurrency would also be integrated on iPhones.
But, there are currently no confirmed reports from Apple, Japan, or JasmyCoin that confirm this!

To get this clear: I am not saying that it isn’t possible that JASMY will be part of the deal.
However, at the moment there is ZERO evidence for it‼
#Megadrop #StartInvestingInCrypto #ETHETFsApproved #Jasmyusdt⚠️⚠️ #MtGox
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