✳️ Bitcoin (BTC), the world’s most valuable cryptocurrency, faced a brief dip but quickly recovered above the $26,000 level. In the last 24 hours, several cryptocurrencies experienced modest gains as investors eagerly anticipated the release of May’s Consumer Price Index (CPI) data. #BTC #Binance
✅ Ripple XRP Price Prediction: XRP Bulls Look to Skyrocket to $1 As Bitcoin Cools Down With SEC Win Likely
✳️ Ripple’s XRP price saw an uptick earlier today following the long-awaited release of the Hinman files. The Hinman files’ disclosure could potentially affect the ongoing legal dispute between Ripple and the SEC. #ripple #BTC #ripple
✅ Arbitrum temporarily stopped processing due to software bug
✅ Arbitrum blockchain suffered from a bug in its software last week Wednesday that caused the network to stop processing transactions on-chain for several hours. #Binance #arbitrum
✅ CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits. Crypto trading activity declined for a second consecutive month in May, as combined spot and derivatives volumes fell 15.7%. ✅ In May, Binance lost even more market share, falling to 43% overall, down from 57% in February. Binance's market share declined for the third consecutive month. Over the past 48 hours, Trading volumes across the top three decentralized exchanges (DEXs) jumped 444% . #Binance #Coinbase
✅ Polygon will be revealing the blueprint for its 2.0 version over the coming weeks Polygon 2.0 is a set of upgrades that radically reimagine almost every aspect of Polygon, from protocol architecture to tokenomics to governance. #polygon #Binance
✅ Maverick Protocol [MAV] farming will be launched on Binance Launchpool on June 14th
✅ Farming of $MAV tokens will be launched on Binance Launchpool. Users will be able to stake their $BNB and $TUSD tokens into separate pools to farm $MAV over over 25 days, starting June 14th. Binance will then list it. 30M $MAV (1.5% of total token supply) will be offered on Launchpool: 24M $MAV in rewards (80%) will be offered to $BNB stakers, and 6M $MAV (20%) – to $TUSD stakers.
✅ Maverick is a composable DEX that enables liquidity providers to achieve high capital efficiency with their desired LP strategy. It has raised $9M in two funding rounds backed by Jump Crypto, Pantera Capital, Circle and others. #Binance #crypto2023
✅ The Chinese media outlet, CCTV, broadcasted the news that Hong Kong is allowing retail investors to buy 💰Bitcoin
✅ CZ: “CCTV (China Central Television) just broadcasted crypto. It's a big deal. The Chinese speaking communities are buzzing. Historically, coverages like these led to bull runs”. #Binance #BTC
✅ German banks slowly adopt crypto, mostly for institutional investors
✅ Doubts regarding crypto remain among German banks, but there is a growing concern about missing out on a potentially game-changing development. #Binance #BTC
✅ Trading volumes on top decentralized exchanges, including Uniswap and PancakeSwap, soared by 444% in the past 48 hours, with an increase of over $792 million. #Binance #BTC
✅ Hong Kong invites cryptocurrency exchanges that are under pressure from regulators in the United States. The authorities invite Coinbase and other global crypto exchanges to relocate to them and promise to assist with the development and listing of crypto assets banned in the United States.
✅ Experts believe that such an offer could attract many large players who are looking for a reliable and transparent jurisdiction for their business. Two major exchanges, OKX and Huobi, have already settled in Hong Kong. #SEC #BTC
✅ Bitcoin Price Prediction: Looming Options Expiry Threatens Another Drop Below $26K
✳️ In the world of Bitcoin, all eyes are on the looming options expiry as traders brace themselves for the potential of another drop below the $26,000 mark.
The market is filled with anticipation and uncertainty as this event could have significant implications for the future price movement of the leading cryptocurrency. #BTC #Binance #bitcoin