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Billionaire Michael Dell suggests Bitcoin Adoption After sharing Michael Saylor's statement, billionaire Michael Dell garnered crypto attention. After Saylor's statement, Michael Dell posted a cookie monster devouring Bitcoin joke. Following his statements with Saylor, Dell may be hinting at Bitcoin acceptance. After X postings on Friday suggested an interest in Bitcoin, numerous crypto community members theorized that Michael Dell and his business may use the MicroStrategy Bitcoin playbook. After a series of X postings with Michael Saylor on Friday, Dell Technologies (DELL) founder and CEO Michael Dell became interested in Bitcoin. The two caught crypto community attention when Dell published Saylor's reply on his first article. Dell posted Thursday, "Scarcity creates value." Saylor said, "Bitcoin is digital scarcity." Many have predicted that Dell may buy the digital asset based on both sides' remarks. A few hours later, Dell published an X poll asking what tech innovation will come next. From AI, Quantum Computing, and Space Tech, Blockchain swiftly garnered the most votes. Dell also uploaded a meme of Cookie Monster swallowing Bitcoin. This prompted further queries from crypto community members who were reading between the lines. Speculators wonder whether Dell will add Bitcoin to his balance sheet like Saylor at MicroStrategy. Michael Dell owns 58.9% of Dell Technologies, which is worth over $100 billion. His latest Bitcoin postings may be following MicroStrategy's lead. After buying 11,931 Bitcoin, MicroStrategy shares increased 3% on Thursday. Bitcoin is down 1.5% in the previous 24 hours as Michael Dell's move hasn't boosted its price as expected. #BinanceTournament #MicroStrategy #BTC $BTC #Dell
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🔥🔥🔥🔥Shiba Inu Burn Rate Increases 1,166% in One Day Due to Activity Shiba Inu burn rates have increased again, which is good. This time, the number of addresses burning tokens has increased and the burnt tokens have surged above 1,100% in one day. Burn Rate Increased 1,166% in Shiba Inu Shibburn, the official website for recording SHIB token burns, reports a 1,166% increase in Shiba Inu burns. This surge indicates Shiba Inu investors are burning tokens more. In 24 hours, 35.29 million tokens were burnt, up from the previous day. However, the 24-hour burn transaction count may be more meaningful. Shibburn reports 12 holder burn transactions in the past day. This is a pleasant difference from this week's average of six burn transactions. Notable fires have been documented throughout many transactions. A wallet delivered over 10 million tokens to the burn address, the greatest burn transaction. Then seven transactions provide 2–5.5 million tokens to the address. While other trades had far smaller volumes. This burn rate increase continues a favorable trend from this week. Bitcoinist observed a 5,569% increase in Shiba Inu burn rates on June 18. This is good news following a period of poor burn results. In terms of daily trade volume, Shiba Inu is underperforming its burn rate. Daily volume fell 14.22% at $270 million. The price has fallen 0.71% daily and 15.17% in the last week. #SHIB $SHIB #BinanceTournament
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Is a Bounce Coming to the Solana Price as SOL Approaches the $130 Support Level? Along with the rest of the market, the Solana price took a little hit today, with the majority of the top 100 coins falling by more over 2.5%. But there are signs of improvement. With a loss of 3.72 percent on the previous day, the price of SOL is now $131.71. Following the trend of big cryptocurrencies like as Bitcoin (BTC) and Ethereum (ETH), which have also seen a retracement, Solana has also recorded a weekly loss of 11.13%. Despite a 26.85% decline this month, Solana still managed a remarkable return of 691.41% for the year, which is far more than other top cryptocurrencies. A little change in trading activity was shown by the 1.50% decline to $2.13B in the coin's 24-hour trading volume. Now that it has found support at a critical level, the Solana price is ready to rebound. Notably, Solana closed above the $129.75 support level (grey) after flirting with it at the hour's low point. It seems that the downward trend has slowed and may have even leveled out. This reduced selling pressure would be confirmed if Solana can make a strong upward break from here. The support level would remain intact, laying the groundwork for a possible upward movement. The purple relative strength index (RSI) of the currency has jumped from 20 to 40 in the last hour, lending credence to this notion. This might be a sign of a trend reversal or rising purchasing pressure. But BONK's 30-day moving average (yellow) is heading in the wrong direction, below the similarly falling 200-day moving average (blue). This points to a long-term and short-term negative trend. Therefore, more retracements may be in store since the present steadiness may not be sufficient to support a broader trend reversal. The general market mood after the US Federal Reserve's inflation hawkish tone is probably responsible for this price behavior. In the aftermath of the dismal macroeconomic prediction, traders are filled with uncertainty. #SOL $SOL #Solana
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The third modification to Fidelity's S-1 form for an Ethereum ETF was just submitted Experts anticipate that Ethereum exchange-traded funds (ETFs) may debut around July 2. Fidelity has just submitted its third revision to the S-1 form for an Ethereum ETF, according to new reports from Bloomberg’s analyst James Seyffart. Noting that there is now no price involved, Eric Balchunas also posted the message on his X account. According to him, Bitwise did not include a charge, and Franklin Templeton is the only one that does. Furthermore, according to Balchunas, it is probable that everyone is holding out until the very last minute, or until BlackRock releases its data, before deciding what to orbit around. In a previous piece, Balchunas said that today there would be many revised S-1 forms. After that, it will be up to the SEC to inform issuers of any final revisions and their impact, or the final approval. He reiterated his earlier statement that July 2 might be the debut date of Ethereum ETFs, suggesting that they are standing by their promise. In response to a follower's question about any updates on staking after the SEC's conclusion of their investigation into Consensys, Seyffart said that there has been no news about this matter so far. Ethereum programmers, tech suppliers, and industry players celebrated a big victory on June 19 when Consensys made the announcement. The Consensys team just announced on X that they have received notification from the SEC's Enforcement Division that their investigation into Ethereum 2.0 is coming to a close. According to the same documents, this suggests that the SEC will not file charges claiming that the sale of Ethereum constitutes a securities transaction. In a letter written to the SEC on June 7, Consensys requested confirmation that the May ETH ETF permits, which were based on ETH being a commodity, meant that the regulator would conclude its inquiry of Ethereum 2.0. This crucial conclusion follows the letter. #ETHETFsApproved #ETH $ETH
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From Rough Start to Riches: Three Cryptos That May Reward Early Adopters These cryptocurrency investments have something unique to offer. 👉A big update is on the way for Cardano, this cryptocurrency. 👉The stablecoin issuer Tether plans to put money into cryptocurrency startups. 👉The value of Binance Coin has increased by almost 100% so far this year. 🚀Cardano Later in June, the much-anticipated "Voltaire" update to the Cardano cryptocurrency network is set to take place. The update will transform Cardano into a fully decentralized blockchain environment, as stated in recent social media statements by ADA creator Charles Hoskinson. In particular, Cardano's blockchain network will undergo a hard split to increase its decentralization going forward. ⭐Tether According to CEO Paolo Ardoino, stablecoin creator Tether intends to spend over $1 billion in cryptocurrency transactions in the next year. Financial infrastructure, AI, and biotech companies would most likely be Tether's investment targets, according to an interview Ardoino gave to Bloomberg not long ago. In the last two years, the corporation has poured $2 billion into such sectors, and Ardoino predicts that this trend will continue. At the moment, USDT, the biggest stablecoin in the world, is administered by Tether. One kind of cryptocurrency is known as a stablecoin, and it is linked to the value of another commodity, often the dollar or gold ingots. Each USDT token is worth $1 and is supported by American cash reserves; this cryptocurrency was launched by Tether to act as the digital dollar on the internet. 🔥Binance Coin (BNB) The digital token from the largest cryptocurrency exchange in the world, Binance, Binance Coin, is trading at a record high. After three years at $686, the cryptocurrency has broken through to $716, its all-time high. This year, the price of Binance Coin has almost quadrupled. It is now the fourth-largest cryptocurrency by market valuation, which has surpassed $100 billion. #BinanceTournament #BNB #Cardano #Tether
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