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The world's largest bank calls Bitcoin "digital gold" and Ethereum "digital oil" 😳 In a recent report, the world's №1 bank ICBC praised crypto for its importance in an ever-changing financial landscape. 🥇 The bank compared Bitcoin to gold, highlighting its rapid growth in an increasingly digitized economy. It also referred to Ethereum as "digital oil", pointing to the power of the ecosystem to power a variety of web3 applications ⚙️ #ETFvsBTC #MemeWatch2024 #StartInvestingInCrypto #TopCoinsJune2024 #EarnFreeCrypto2024

The world's largest bank calls Bitcoin "digital gold" and Ethereum "digital oil" 😳

In a recent report, the world's №1 bank ICBC praised crypto for its importance in an ever-changing financial landscape.

🥇 The bank compared Bitcoin to gold, highlighting its rapid growth in an increasingly digitized economy.

It also referred to Ethereum as "digital oil", pointing to the power of the ecosystem to power a variety of web3 applications ⚙️

#ETFvsBTC #MemeWatch2024 #StartInvestingInCrypto #TopCoinsJune2024 #EarnFreeCrypto2024

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✅ The sudden market drop, which saw Bitcoin fall below $65,000 at one point, led to the liquidation of more than $170 million worth of long positions 🙀 Day summary: 🔸 MicroStrategy boosted latest fundraise from $500m to $700 million 💰 🔸 Crypto hardware wallet manufacturer Trezor announced a new product, the Trezor Safe 5 🔸 Overwhelming interest from GME investors crashed GameStop’s board meeting servers 🔸 ZKsync token $ZK was listed on pre-launch trading platforms, current price is $0.361 🔸 Brilliantcrypto P2E game raised $212 million 🎮 🔸 BEER token fell 80% at one point, and it seems that insiders and the team may have cashed out more than $15 million 🔸 BNB Chain and Binance Labs have announced the launch of the BNB Incubation Alliance #AirdropGuide #MemeWatch2024 #StartInvestingInCrypto #TopCoinsJune2024 #EarnFreeCrypto2024
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The play-to-earn sector in crypto has always been surrounded by scandals and epic fails. In the video, you can see the gameplay of the P2E game Brilliantcrypto 🎮 That's all well and good, but gameplay-wise, does it really look like a product that recently raised $212 million? 🤯 #ETFvsBTC #MemeWatch2024 #StartInvestingInCrypto #TopCoinsJune2024 #EarnFreeCrypto2024
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ZKsynk token $ZK was listed on pre-launch trading platforms, current price is $0.37. Those who are willing to sell their airdrop allocation at this valuation can hedge now at a pretty good price 🔥 A few days after Bybit launched the Solana Memecoin BEER perpetual contract, BEER fell 80% at one point, and insiders and the team may have cashed out more than $15 million 📉 BNB Chain and Binance Labs have announced the launch of the BNB Incubation Alliance. Joining the BIA allows projects to receive potential investment from Binance Labs and grants from BNB 💸 Overwhelming interest from GME investors crashed GameStop’s board meeting servers, this comes amid speculation that the firm will try to add prominent influencer and investor Roaring Kitty to its board 😄 🔹 Last 24 hours top 3 gainers: Notcoin - $0.02 (↑10.47%) Uniswap - $10.72 (↑9.52%) Toncoin - $7.92 (↑4.92%) #ETFvsBTC #MemeWatch2024 #StartInvestingInCrypto #TopCoinsJune2024 #EarnFreeCrypto2024
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✅ Yesterday's bounce on the back of a good inflation report was completely wiped out today when market realized that the Fed is still hawkish 📉 Day summary: 🔸 SEC chair sees spot Ether ETF S-1 approvals sometime during this summer 🔸 Crypto-friendly FlowBank, has been forced into bankruptcy by FINMA 💀 🔸 The Curvefi founder was liquidated in his CRV position in lending protocols resulting in a big CRV price drop 🔸 Bitcoin mining stocks surged after Donald Trump promised to boost mining operations in the country 🔸 Fed policymakers now believe that one rate cut this year may be more appropriate 🗽 🔸 UwU Lend DeFi lending protocol was hacked again, $3.72m was stolen  #ETFvsBTC #MemeWatch2024 #StartInvestingInCrypto #TopCoinsJune2024 #EarnFreeCrypto2024
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The majority predicts that the Federal Reserve will cut interest rates by 0.25% to 500-525 bps in September with a 56.7% chance 📊 This can signal expectations of slowing economic growth or the need to stimulate the economy. Investors might anticipate lower borrowing costs, potentially boosting markets 👀 #ETFvsBTC #MemeWatch2024 #StartInvestingInCrypto #TopCoinsJune2024 #EarnFreeCrypto2024
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Invesco BTCO Records Net Outflow Of $2.9 Million
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VanEck Bitcoin ETF Gets Green Light From ASX Ltd.
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Ethereum(ETH) Surpasses 3,500 USDT with a 1.09% Increase in 24 Hours
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