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#Gemini crypto exchange founders donate 30.94 Bitcoin worth $2 million to Donald #Trump to "put an end to the Biden Administration's war on crypto. The Winklevoss brothers, founders of the Gemini cryptocurrency exchange, have donated $1 million in $BTC to Donald Trumpโs campaign. They criticized the Biden Administration for its regulatory stance on crypto, claiming it has targeted the industry. This donation aligns with Trumpโs recent comments at a San Francisco fundraiser, where he positioned himself as a supporter of cryptocurrency and criticized Democratic regulatory efforts.
๐ On June 20, the total net outflow of #Bitcoin spot ETFs was $140M, the fifth consecutive day of outflows. #Grayscale ETF GBTC had a single-day outflow of $53.1022M, and #BlackRockโฉ ETF IBIT had a single-day inflow of $1.4791. Currently, the total historical net inflow of #IBIT has reached $17.643B ๐คฏ
LayerZero's new $ZRO token experienced a 19% drop due to controversy over its "Proof-of-Donation" claiming mechanism. This requires users to donate to the Protocol Guild to claim tokens, which some critics likened to a tax. Despite the backlash, some support the initiative for its potential benefits to the #Ethereum developer community. The #LayerZero Foundation plans to match donations up to $10 million. Initially, ZRO saw a brief price surge before falling significantly.
The price of @ListaDAO $LISTA - a liquid staking protocol, surged by 22% following its debut on #Binance and other exchanges. Initially priced at $0.565, LISTA's value rose to $0.71, reflecting strong market interest and investor confidence. DWF Labs strategically transferred 10 million LISTA tokens to various exchanges to ensure liquidity. The total supply of LISTA is 230 million tokens, with a market capitalization of around $162.6 million.
๐ด The market is down today, with most altcoins in the red. $BTC is currently trading at around $64,550, and $ETH is trading at around $3,500. The total liquidations for the day reached $480M ๐คฏ ๐ธ#Bitcoin dominance: 55.36% ๐ธFear and Greed Index: 63 ๐ธAltseason Index: 20 ๐ธMarket cap: $2.29T
๐ข Orderly Network is an Omnichain L2 built on the OP stack.
The Orderly chain offers an SDK that allows any project to easily launch perps across several chains; every #DEX on the Orderly chain shares one order book๐
๐There are many added features #orderlynetwork provides in comparison to CEXs and on-chain derivatives exchanges.
Their infrastructure provides: ๐ธHighest throughput + lowest latency in #DeFi ๐ธLow fees and tight spreads ๐ธAccess to deep liquidity from DeFi and CeFi ๐ธComposability ๐ธPlatform-wide community pool
For more information about them, check out their website: ย ย orderly.network๐ฅ
๐ Solanaโs share of DEX volume has skyrocketed from 0% in early 2021 to over 24% by May 2024. The blockchain captured over 60% of incremental #DEX volume in May 2024 alone ๐คฏ
Fetchai's $FET token has surged into the top 30 #Cryptocurrencies due to hype surrounding its upcoming merger with Ocean Protocol and SingularityNET to form the Artificial Superintelligence Alliance. The merger will unify their tokens into a single #ASI token, aimed at creating a decentralized #AI platform. This alliance is designed to accelerate the development of Artificial General Intelligence on the blockchain and democratize access to advanced AI technologies, challenging the dominance of major tech companies.
Coinbase International's announcement of listing perpetual futures for Book of Meme $BOME and Notcoin $NOT has triggered significant price rallies for both cryptocurrencies. BOME, a #Solana based memecoin with decentralized storage integration, saw a 3.41% increase in price, highlighting investor confidence in its innovative approach. Meanwhile, Notcoin, despite recent volatility, rebounded to $0.01591, reflecting strong market interest. Both tokens are gaining traction due to their unique propositions and the new trading opportunities on Coinbase.
๐ด The Germans are Selling Bitcoin! ๐ธ More than $425M worth of #Bitcoin was transferred from a German-owned wallet to other wallets. A part of that, 1k $BTC , was sent to wallets associated with Kraken and Bitstamp ๐
๐ฃ #Binance has introduced HODLer #Airdrops for $BNB holders. Users who subscribe to Simple Earn using BNB will receive airdropped tokens from projects with large circulating supplies and strong fundamentals. To participate, users must subscribe to Simple Earn products, and Binance will take random snapshots of user balances to calculate rewards. Eligible users will receive airdrop rewards in their Spot Wallets within 24 hours of the announcement. This initiative aims to foster a sustainable market environment and engage promising projects.
The Sandbox, a leading virtual world platform, has expanded its cryptocurrency holdings by acquiring popular #memecoins such as $DOGE , $PEPE and $SHIB This strategic move aims to enhance user engagement and creativity within its decentralized community, leveraging the playful and innovative nature of these tokens to bolster its position in the Web3 space.
Bitcoin's #hashrate and #mining difficulty are likely to decrease due to hot weather in the US, according to Blockware Intelligence. ๐ป The company noted that many miners are forced to reduce their operations during the summer months for two reasons: ๐ธ Overheating of equipment ๐ธ Problems with electricity supply This trend was also observed in 2022 and 2023 ๐
JUST IN: #Consensys announced that the #SEC closed its investigation into #Ethereum ๐ ๐ The decision came after Consensys requested clarification of $ETH 's category in the approval of spot #EthereumETFs
๐ข The #Crypto market is up today, with most altcoins in the green! $BTC is trading at around $65,500, and $ETH is trading at around $3,550. ๐ธ #Bitcoin dominance: 55.38% ๐ธ Fear and Greed Index: 64 (greed) ๐ธ Altseason Index: 20 ๐ธ Market cap: $2.33T