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🧙‍♂️ Spot Bitcoin ETFs reached a new record with inflows of $886.6 million on June 4. 🧙‍♂️ Fidelity Bitcoin ETF was the ETF that recorded the highest inflow with $378.7 million. 🧙‍♂️BlackRock's #Bitcoin ETF recorded an inflow of $274.4 million. 🧙‍♂️ Bithumb exchange announced that it will list the #XAI token.

🧙‍♂️ Spot Bitcoin ETFs reached a new record with inflows of $886.6 million on June 4.

🧙‍♂️ Fidelity Bitcoin ETF was the ETF that recorded the highest inflow with $378.7 million.

🧙‍♂️BlackRock's #Bitcoin ETF recorded an inflow of $274.4 million.

🧙‍♂️ Bithumb exchange announced that it will list the #XAI token.

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These 5 altcoins attracted attention with their short-term increase: Bull signal! 1- Monero (XMR) Popular privacy-focused altcoin #XMR has resisted the market pullback well. Despite the decline of BTC, XMR, which increased by 4.20 percent in the last 24 hours, managed to become the highest rising project of the day. Volatility may continue for XMR if privacy comes to the fore. 2- Tron (TRX) #TRX , the native token of the Tron network, has gained upward momentum after a long time. TRX, which showed a performance of 3.80 percent in the last 24 hours, gave confidence to both investors and its ecosystem. 3- Optimism (OP) #OP , one of the most important names in the Layer-2 category, experienced an increase of 2.60 percent in the last 24 hours. OP, described as Arbitrum's biggest rival, continues to attract attention with upward price movements. The popular altcoin may make a name for itself in a possible layer-2 bull. 4- Ethereum Classic (ETC) #ETC , which is the hardfork of Ethereum, managed to rise despite the loss of value of ETH. ETC, which increased by 1.20 percent in the last 24 hours, differentiated itself from the course of the market and made its investors happy. 5- Stellar (XLM) #XLM , which fell silent after the 2021 bull, slowly started to show itself. The popular altcoin of a period that attracted attention with its separation from BTC and ETH, recorded a 0.80 percent increase in the last 24 hours. With the sharp pricing of XRP, it seems that there will be activity in XLM. $TRX $OP $ETC
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Former Ripple Executive Advocates Strategic Reinvestment Amid New XRP Partnerships and Significant Trading Movements. Former Ripple Director Sean McBride called on the company to adopt an aggressive investment strategy in a striking post on the X platform. #McBride underlined that using Ripple's existing large financial resources will trigger further growth. He emphasized that focusing on reinvestments could drive a continuous cycle of development and innovation within the FinTech giant. The company is in the process of major expansion, establishing important partnerships both regionally and globally. Ripple has joined forces with banking giants such as Santander in the UK, CIBC in Canada, Kotak Mahindra Bank in India and Itaú Unibanco in Brazil. These collaborations aim to make cross-border financial transactions faster and more efficient. As a direct result of this, activity on the #XRP Ledger has experienced a significant increase, and the network's user base and trading volume have grown significantly compared to last year. Ripple's CTO David Schwartz gave hints about DeFi (decentralized finance) integrations in the future. The company is exploring ways to combine #DeFi protocols with traditional finance (TradFi) systems. Such integrations have the potential to revolutionize financial operations by combining the best of decentralized technologies with established financial institutions. Last week, blockchain tracking platform Whale Alert reported a notable transaction involving Ripple. The company transferred 150 million #XRP to an unknown blockchain wallet; The value of this move is equivalent to $78.2 million. This significant transaction has sparked massive speculation in the crypto community, especially amid Ripple's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The lack of an official announcement for this major transfer created more curiosity and debate among shareholders. $BTC $XRP
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Anthony Scaramucci Predicts Bitcoin to Rise to $700,000 Amid Biden's Crypto Comeback. In a recent conversation with independent journalist David Lin, Anthony Scaramucci expressed optimism about the evolution of President Joe Biden's attitude towards cryptocurrencies. The approval of spot #Ethereum ETFs represents a departure from the strict regulatory approach favored by the likes of SEC Chairman Gary Gensler and Senator Elizabeth Warren. Scaramucci thinks that as the election approaches, Biden may adopt a more crypto-friendly approach in order not to lose voters in critical states. The SEC's Employee Accounting Bulletin (#SAB ) 121 requires companies to classify digital assets they hold on behalf of customers as liabilities. This decision, published in 2022, raised concerns among crypto supporters. Scaramucci emphasized that this regulation could be a turning point and affect Biden's broader strategy on digital assets. By pivoting on crypto policies, the administration could mitigate the risk of voter backlash over overregulation. Scaramucci's optimistic outlook on #Bitcoin is central to his advocacy for favorable regulatory treatment of cryptocurrencies. He predicts that Bitcoin could reach $700,000 in the next 15 years, noting the asset's increasing adoption rate. With an adoption rate of just 5% in the United States, Bitcoin's growth potential is quite high. Scaramucci links Bitcoin's market cap growth to the current $16 trillion gold market cap and suggests that Bitcoin could grow tenfold if adoption rates continue to increase. Currently, Bitcoin is trading at around $69,420. Scaramucci's projections are based on historical adoption trends and Bitcoin's unique technical characteristics. With continued scaling and mainstream adoption, Bitcoin's value may become more in line with long-term growth expectations. This optimistic forecast highlights the importance of a regulatory environment that encourages innovation in the crypto sector. $BTC
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There may be a sales look: All eyes are on these 10 altcoins in June! Although June started off hot in our country, the rally that has not yet come in altcoins did not warm up cryptocurrency investors enough. However, the unlock calendar shows that hot days are approaching for some altcoin projects. Many altcoin projects are expected to be unlocked in June. In this article, based on TokenUnlocks data, we will take a look at the altcoins that will be on the agenda in June according to their opening sizes. ApeCoin (APE) #ApeCoin , the governance token of Bored Ape Yacht Club (BAYC) and its subsidiary NFT collections, will be unlocked on June 17, 2024 at 03:00. Pixels (PIXEL) #PIXEL , the token of the Pixels platform operating in the game and metaverse field, will be unlocked on June 19, 2024. AltLayer (ALT) ALT , the token of the #AltLayer platform used to develop fast and scalable applications on the blockchain, will be unlocked on June 25, 2024 at 13.00. SPACE ID #ID , the token of the SPACE ID platform, which provides blockchain-based identity management and verification services, will be unlocked on June 22, 2024 at 00:00. Immutable X (IMX) #IMX , the token of the Immutable Starknet (STRK) STRK, the token of the Starknet platform developed to increase the scalability of Ethereum, will be unlocked on June 15, 2024 at 03:00. Optimism (OP) OP, the token of the Optimism platform developed to increase the efficiency of the Ethereum network, will be unlocked on June 30, 2024 at 00:00. With this initiative, 31.34 million OP tokens will be released. Aptos (APT) APT, the main token of the Aptos blockchain developed by former engineers of Meta (formerly Facebook), will be unlocked at 07:00 on June 12, 2024. Arbitrum (ARB) Arbitrum, the Ethereum layer-2 solution, will hold a major unlock on June 16, 2024 at 04:00. $APT $ARB $OP
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$215 million move from Arbitrum: Could it be a decline signal? Arbitrum's governance DAO has approved the Arbitrum Foundation's proposal to allocate 225 million ARB, currently worth approximately $215 million, to support gaming projects on the network. The #DAO of Ethereum-based layer-2 network Arbitrum will fulfill its wish to distribute hundreds of millions of dollars to support gaming projects on the network over the next three years. The proposal will allocate 225 million ARB, worth approximately $215 million at current prices, over three years to the Gaming Catalyst Program (GCP), which is designed to expand awareness and adoption of Arbitrum/Orbit/Stylus. The proposal, first announced in March, was officially adopted on Friday with the support of more than 75 percent of the votes. Organizations that significantly supported the proposal included L2Beat, Wintermute, and the gaming-focused Treasure DAO, while Blockworks Research and Camelot DAO were also among those who voted against it. In response to the proposal, Treasure #DAO wrote about X: “Arbitrum is the home of the game; this includes all games, game chains, and all builders in its orbit. Let's do some magic.” The bulk of the funding is allocated to publishers; New and early-stage developers have the opportunity to apply for grants worth a maximum of ARB 500,000 (about $483,000 at current prices), while more established developers must apply for investments with a value-sharing component. Whether tokens, equity or similar instruments, the remainder of the funds will be allocated to infrastructure-related bonuses and operational expenses. Day-to-day operations will be handled by a dedicated GCP team, but the program will be overseen by a council of “5 individuals with deep gaming experience, startup experience, analysis/reporting, and/or #DAO management skills” selected by GCP. The DAO has the capacity to veto investment decisions and team member appointments. The GCP team's budget limit was set at $25 million for operational expenses; DAO approval is required for excess expenditures. $ARB
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