The 55th project listed on Binance Launchpool was IO.NET (IO).

Leading cryptocurrency exchange Binance announced that its users can farm IO tokens by staking BNB and FDUSD. Binance will list IO after the farming period ends.

Farming period will start on June 7 and end on June 11 at 02:59 (UTC). #Binance will list IO token with the following trading pairs on June 12

🔸️IO/BTC
🔸️IO/USDT
🔸️IO/BNB
🔸️IO/FDUSD
🔸️ IO/TRY

#IO.NET , formerly known as ANTBIT, is a decentralized network that brings together GPUs in crypto miners, data centers, and decentralized storage providers, providing virtually unlimited computing power for AI and machine learning applications.

🧙‍♂️ Batch Inference and Model Presentation: Used to speed up the process of making inferences on incoming data sets.

🧙‍♂️ Parallel Training: Offers the ability to perform parallel processing by overcoming CPU/GPU memory limitations in model training.

🧙‍♂️ Parallel Hyperparameter Tuning: Optimizes hyperparameter tuning experiments.

🧙‍♂️ Reinforcement Learning: Supports production-grade, highly distributed RL workloads.

IO.NET collaborates with dedicated GPU providers and various partners to provide advanced GPU access for AI, machine learning, and gaming workloads. These business partners include companies such as Aethir, Exabits, Hiveon, Aurory.
#Binance55thProject(IO) #IOLAUNCHPOOL #IO

🚨US Stock Exchanges Opened.

S&P500: +0.86%
Nasdaq: +0.91%
Dow Jones: +0.93%

$1 billion crypto profiteering

They promised high profits. They collected money from 40 thousand people. The transaction to be made with robot software turned out to be a 'cryptocurrency scam'. 127 suspects were detained in the operation carried out by the police. TRT News Reporter Niyazi Dölek investigated the story of Smart Trade Coin, which was the subject of a 1 billion dollar heist.

 They founded the company in 2017. They came up with the slogan "Zero risk, high profit". They showed their headquarters in the Saint Vincent and Geranides islands in the Caribbean, 13 thousand kilometers away from Turkey.  They promised sure profits from 30 percent to 100 percent by trading cryptocurrencies.

The name of the emphasis; It became Smart Trade Coin

Investors first registered on the crypto asset trading platform. Then they purchased 'gold and bronze packages' marketed with advantageous claims. Moreover, it was said that 'robot software will carry out the transactions' on behalf of the investors. It was announced that transactions would be made by converting the money in the system into Bitcoin and Etherium.

The company pretended to have sold the non-existent so-called 'STC' cryptocurrency to investors.
There was a promise of profit from people included in the system. Investors were told that the robot software also traded on stock exchanges abroad. It was explained that crypto money that is cheap in one country is evaluated in crypto exchanges in other countries. They were transferring the promised profit to those who entered the system first. In this way, his name spread rapidly. New customers have been added.

The so-called robot software was also earning interest on cryptocurrency.

Scammers organized meetings under the name of personal development camp. They hosted the participants in luxurious places. They had famous personal development experts speak at the camps.

However, the system suddenly collapsed. Initially, large amounts of deductions were made from the money under the name of taxes.
$BTC

💥US Annual CPI announced:
•Announced: 3.3% •Previous: 3.4% •Expected: 3.4%

💥US Monthly CPI announced:
•Announced: 0.0% •Previous 0.3% •Expected: 0.1%

💥US annual inflation in May was 3.3%.

🧙‍♂️14,140 BTC worth $954.50 million was withdrawn from cryptocurrency exchanges in the last 48 hours.

🧙‍♂️ MetaMask announced that it has launched “pooled staking” for #Ethereum , excluding US and UK users.

Former Ripple executive explained why XRP could not rise.
Former Ripple Manager Sean McBride explained the reasons for this when he said that he did not expect a significant jump in XRP at the moment.

While XRP has been at the center of criticism for its poor performance for years, it has lost its position in the market over time, and while it was once one of the 4 largest cryptocurrencies, it is now ranked 7th with a market value of $ 26.8 billion.

As a crypto asset directly affected by Ripple's internal dynamics, XRP remains silent during general market increases and is not subject to sharp sales during price corrections. Although there has been a few positive news recently about XRP, which attracts attention with its price movements that differ from the market from time to time, reactions to current developments remain limited since the main issue of concern is the #SEC case.

Making statements about why #XRP has lost value despite the recent positive news, former Ripple Manager McBride said that no one should have expectations before the case is concluded.

Sean #McBride reiterated the general view that XRP price will not experience any significant movement until a final decision is made in the ongoing SEC and Ripple case. Therefore, McBride described those who have different expectations as dreamers.

In July last year, Ripple won a partial victory when US District Court Judge Torres ruled that individual sales of #XRP were not securities. After the value of XRP rapidly doubled at that time, the cryptocurrency closed July with a value increase of nearly 50%. However, in the following month, pricing related to the outcome of the case was completely withdrawn and XRP has continued its horizontal movement in the roughly 0.5-0.6 dollar range for nearly a year.

The incident that took place last year was the biggest proof that #XRP was connected to the Ripple case. Currently, there is a widespread opinion that if Ripple somehow overcomes the problems related to corporate XRP sales, the XRP price may be seriously triggered.
$BTC $XRP

💫Ripple (#XRP ) will use Axelar (#AXL ) as the bridge protocol for the EVM sidechain.

200M users strong and we're celebrating with YOU!🎈

Join us in 7 cities to celebrate #Binance200M and for a chance to win 20 $BNB.

📅14th & 16th June.

Catch us if you can!
#CryptoDeNostradame #Binance200M

Joe Biden's son was found guilty: These memecoins are on the move!

Political Finance (PolitiFi), one of the new trends taking shape around Joe Biden and Donald Trump, was mobilized after Hunter Biden was found guilty.

Political Finance (PolitiFi), one of the new trends taking shape around Joe Biden and Donald Trump, became active after Hunter Biden was found guilty.

According to CoinGecko, the market value of memecoins in the Political Finance category has fallen by over 13 percent in the last 24 hours. During this period, #Bitcoin (BTC) lost approximately 4 percent in value, while Ether (ETH) decreased by 5.4 percent.

The conviction of Hunter Biden, son of incumbent US president Joe Biden, led to a 45 percent drop in FreeTrump (TRUMP) in the last 24 hours. #MAGA (TRUMP), the largest PolitiFi coin in terms of market value, dropped by 13 percent. These tokens have no official connection with any political figure.

With the guilty verdict announced on June 12, Solana-based Hunter Boden (HUNTERBODEN) gained attention, rising more than 30 percent in the last 24 hours to $0.001514. Jeo Boden (BODEN), one of the most popular mecoins of 2024, dropped by 5.5 percent to $ 0.1855.

The Joe Biden-Donald #Trump conflict, which has become increasingly heated as the US elections approach, has been especially good for the memecoin trend. Developments regarding political figures that bring a new breath to the Memecoin category can easily mobilize memecoins in this field. But memecoin hunters should be careful in this process. Volatility may increase in memecoins due to both the course of the market and its nature.

Trump Pushes for Bitcoin Production in the US.

In a statement on Tuesday, former President and current Republican presidential candidate #DonaldTrump expressed his desire for the United States to produce all remaining Bitcoin. This announcement comes at a time when the cryptocurrency industry is trying to increase its influence on U.S. policymakers amid growing regulatory attention.

The crypto industry has been put under scrutiny, especially after a series of bankruptcies in leading cryptocurrency companies in 2022. These financial crashes alarmed investors, exposed cases of fraud and abuse, and caused significant losses for millions of investors.

Trump's call for domestic production of #Bitcoin is in line with the broader narrative of increasing America's participation in the evolving digital currency landscape. The industry's push to shape U.S. policy is part of its response to the challenges it has faced over the past year as it tries to regain stability and investor confidence.
$BTC

🇺🇲US Consumer Price Index (CPI) will be announced today at 15:30.
•Expectation: 3.4% •Previous: 3.4%

🇺🇲The Fed interest rate decision will be announced today at 21:00.
•Expectation: 5.50% •Previous: 5.50%

🇺🇸Fed Chairman Jerome Powell will give a speech today at 21:30.

Interesting Request from Trump Regarding Bitcoin.

US president Trump met with crypto miners in the country as part of his election campaign and pledged his support. Former President Trump attended an important meeting held at Mar-a-Lago yesterday, attended by important names in the crypto mining industry.

#Trump met with executives of #Bitcoin mining companies CleanSpark and Riot Platforms. It was reported that Trump was enthusiastic about promoting Bitcoin mining during the meeting, and he promised to be an advocate for miners in the White House if elected.

Trump, a former Bitcoin opponent, changed his mind to gain support from the booming crypto industry as he began his election campaign. The former president, who also accepted crypto donations during his election campaign, has attracted attention with his moderate attitudes towards the crypto industry in recent months. Trump said crypto miners have an important role in balancing energy grids.

“I want all remaining #Bitcoins to be produced in the USA”
Trump, who had previously openly stated that he did not support Bitcoin, seeing it as a threat to dollar dominance, continued to enthusiastically express that he would be a pro-crypto president, saying at yesterday's meeting, "We want all the remaining Bitcoins to be produced in the USA. This will help us be dominant in energy." did.

On the other hand, Trump said that his rival Biden was anti-crypto and also criticized his policies towards the sector. Trump even claimed that #Biden did not understand cryptocurrencies.

Meanwhile, earlier this year the US Energy Information Administration began collecting data on how much electricity crypto mining uses. However, while this initiative attracted reaction, data collection activity was stopped by court order.
On the other hand, the Biden administration continues its efforts to regulate crypto assets within the scope of environmental sustainability. In this context, the US Treasury Department proposed a 30% tax on the electricity used by crypto mining companies in its 2025 Fiscal Year Revenue Proposals.

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Bitcoin ETF Volumes See Biggest Breakout in 4 Weeks.

Bitcoin price has fallen after 19 consecutive days of inflows by #Bitcoin ETFs. The ETF has faced strong selling pressure, with volumes reporting two consecutive days of outflows.
On Tuesday, June 11, total outflows recorded by US Bitcoin ETFs rose to $200 million.

According to Santiment's data, Bitcoin ETF transaction volume had reached its highest level since May 15. This increase observed among the seven largest #ETFs indicates the potential for a price reversal. Analysts believe the recent volume increase is likely a response to a dip-buying opportunity, indicating renewed investor interest and activity in the market.
On June 11, US #Bitcoin spot ETFs experienced a total net outflow of $200 million. This was the second consecutive day of departures. Grayscale's GBTC alone saw a single-day outflow of $121 million. As a result, the total net asset value of Bitcoin spot ETFs dropped below $60 billion and currently stands at $59.227 billion.

Bitcoin has recently fallen below $67,000, Santiment said. Historically, when sell calls begin to close the gap on buy calls, this indicates increasing panic and fear, which often leads to a rally in cryptocurrency prices.

If actual figures come in lower than expected, it could mean a slowdown in inflation. It could potentially increase expectations for cryptocurrency prices to rise. Conversely, if the numbers exceed expectations, it could indicate ongoing inflation concerns, potentially leading to a decline in cryptocurrency values.

Ahead of the #FOMC meeting, Bitcoin price faced strong selling pressure amid miner capitulation. If Bitcoin price falls below $67,000, we could see a further pullback of 5-8% in the coming weeks.
$BTC

Donald Trump's crypto support continues: Bullish signal!

US President #DonaldTrump voiced his support at a meeting with Bitcoin miners at Mar-a-Lago on Tuesday night. Trump's positive statements about crypto did not go unnoticed.
Trump, who is pro-crypto for the upcoming US elections, recently reportedly told attendees that he would advocate for Bitcoin mining at the White House and that miners contribute to energy grid stability.

Among the attendees of the meeting at Trump's Palm Beach resort was Nasdaq-listed Bitcoin mining company CleanSpark Inc. and Riot Platforms, many of whom shared photos with the former president. “I just ran into a guy who is a huge #Bitcoin fan and loves what we do at CleanSpark Inc. in Georgia, Mississippi, and Wyoming,” CleanSpark co-founder S. Matthew Schultz wrote in the X post.

Donald Trump's embrace of crypto has earned him the support of many leaders in the industry, as seen at the event in Silicon Valley reportedly attended by Gemini founders Cameron and Tyler Winklevoss and others. Last month, Trump announced that he would accept political donations with cryptocurrency.
“While Trump has reduced regulations and championed innovation in financial technology, Democrats like Biden and his official surrogate, Elizabeth Warren, continue to believe that government alone has the answers to how our nation leads the world,” the Republican candidate said in his statement. said.
Meanwhile, various sources said late last month that Joe Biden's reelection campaign reached out to members of the crypto industry for guidance on digital asset policies. This support marks a significant shift in the Biden administration's less than positive attitude towards cryptocurrencies.
$BTC

📊On June 11, spot Bitcoin ETFs recorded an outflow of $200 million.

•Grayscale's #Bitcoin ETF (GBTC) experienced an outflow of $121 million.

•Ark Invest (#ARKB ) ETF experienced an outflow of $56 million.

🇺🇸 Former US President Donald Trump:

“#Bitcoin  mining could be our last line of defense against CBDC.

We want all the remaining Bitcoin production to be done in the USA!”

Bitcoin Bulls Expect Gains as Senator Warren Presses for Fed Rate Cuts

#SenatorElizabeth Warren is calling on the Federal Reserve to lower interest rates, a move that could have a significant benefit for the crypto market.

In an unexpected development, Senator Elizabeth Warren called on the Federal Reserve to reconsider its current interest rate policy. In a letter to Fed Chair #JeromePowell , Warren noted that the current 5.5% rate not only slows the economy but also contributes to persistent inflation levels running above 3%. This call was also signed by Senator Jacky Rosen.

The letter details that higher interest rates increase costs in key sectors such as home and auto insurance, which contribute greatly to the overall inflation rate. Citing a report from Bankcreek Capital Advisors, he argues that lowering interest rates would ease financial pressure on Americans and reduce their basic monthly expenses, especially housing costs.

This would be in line with other major economies that have recently lowered interest rates, such as the United States, Canada and the European Union. Additionally, they have lowered their rates in countries such as Sweden, Switzerland, Hungary and the Czech Republic.

As the Federal Reserve prepares for its upcoming interest rate decision, the crypto community is watching carefully. Traditionally, the Fed has indicated its intention to maintain high rates for an extended period of time. Following its last meeting, the Fed said it would not consider a rate cut unless there was more consistent evidence that inflation was moving more steadily toward the desired 2% level.

However, recent job growth and low unemployment rates provide a rationale for the Fed to maintain current rates. According to CME FedWatch, the market is 99% certain that there will be no change in rates at the June meeting. Interest rate cut speculations are shifting to later periods of the year, probably in September or November.
$BTC

Expert Opinion: These 4 Altcoins Could Make 10x-100x on Binance Listing!

You may be aware of the “Moon Effect” of Binance listings. Rocket Pool surged 433 percent after Binance listing. PEPE percent after Binance listing. It increased. In short, listing on Binance is a major event that gives the token price a bigger pump than bull markets. Once again, the exchange plans to list some low-mid cap altcoins. Crypto expert Lawrence Mike Woriji from the Altcoinbuzz team shares 4 altcoins with this potential.

Top candidate: Centrifuge (CFG)

If Binance is going to list a token, the project must have real foundations. And Centrifuge has it. This is an altcoin project that integrates real-world assets into DeFi. They offer on-chain management for debt facilities and capital structures.  Centrifuge is one of the first protocols to incorporate real-world assets into the Blockchain. Businesses' invoices, real estate loans, etc. It enables users to use crypto to finance real-world assets such as

Second ranked altcoin: Three Protocol (THREE)

Next up is Three Protocol. If you've been keeping up with things, you know that we're all about AI during this bull run. And Three Protocol is one of those projects for all the right reasons. They are building a world where anyone can sell online, without restrictions such as having a bank account. They have these decentralized marketplaces where they leverage artificial intelligence and smart contracts that we've never seen before.

We add Polytrade Finance (TRADE) to the list

One of the altcoins we follow closely is Polytrade. Because it is in the Real World Assets (RWA) sector. And it's making serious waves. Polytrade is a marketplace focused on diversification. They have about 20 different asset categories. This includes Real Estate and Stocks. And even tokenized versions of metals and even collectibles.
The last candidate altcoin for the Binance list: OriginTrail (TRAC)