After falling as low as $58,500 yesterday, bulls managed to secure a $60,000 level. A quick pump to $62,000 is not out of the question as the liquidation heatmap shows that there are quite a few short stop losses located there 📈
Wikileaks says that founder Julian Assange has left the UK after reaching a deal with US authorities that will see him plead guilty to criminal charges and go free ⚖️
A military general said that the crypto game Hamster Kombat is part of the West’s “soft war” against Iran 🐹
54% of institutional investors in Japan plan to invest in cryptocurrencies in the next three years. The main motivation is to diversify investments and fight inflation 💸
✅ Today the bulls are in mourning, bitcoin fell below $60,000 at one point, and while it didn't stay there for long, it's in no hurry to get back up to $63k 🐻
Day summary:
🔸 The US state of Louisiana has updated its legislation to ban the use of CBDC and to establish rules for digital asset miners and node operators
🔸 The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears 🇪🇺
🔸 SlowMist warns that there are now many phishing attacks in the TON ecosystem
🔸 MTGOX trustee announced plans to distribute payments in BTC and Bitcoin Cash
🔸 CoinStats said that some iOS users have received fraud notifications, with 1.3% of CoinStats wallets affected
🔸 Marathon Digital Holdings has announced a new pilot project that will use Bitcoin mining operations to heat people in Finland 🇫🇮
🔸 European investment firm CoinShares has managed to recoup its $33.6 million claim in FTX,
MTGOX trustee says plans to distribute payments in BTC and Bitcoin Cash. Payments are expected to start in early July 👀
This is very important news, as we are talking about billions of dollars in BTC that MtGox users who have been waiting for their coins for years will start receiving 😬
The new week starts with a new market drop, Bitcoin went down to $62,000 after which it bounced back a bit 📉
SlowMist warns that there are now many phishing attacks in the TON ecosystem. Many phishing links are being sent by groups, using fake airdrops and other methods to hack assets in users' TON wallets ⚠️
CoinStats said that some iOS users have received fraud notifications and that it is experiencing a security incident affecting wallets created directly in CoinStats, with 1.3% of CoinStats wallets affected 📲
Marathon Digital Holdings, one of the largest Bitcoin mining companies, has announced a new pilot project that will use the heat generated by Bitcoin mining operations to heat a community of 11,000 people in Finland 🇫🇮
🔹 Last 24 hours top 3 gainers:
LEO Token - $5.79 (↑2.93%) NEAR Protocol - $5.43 (↑1.70%) First Digital USD - $1
✅ Bitcoin has fallen from $66,800 to below $63,000 in a week, while the stock market continues to rise on the back of Nvidia's success, updating the ATH 📈
Weekly news digest:
💎 Crypto
🔸 Tether has announced the launch of a new asset called Alloy, a smart contract-issued over-collateralized asset backed by Tether Gold
🔸 ZKsync airdrop claim went live 🪂
🔸 LayerZero airdrop eligibility checker is live, claiming starts tomorrow
🔸 Consumers' Research said that Tether (USDT issuer) is the new FTX
🏦 Crypto exchanges
🔸 BlackRock, Bitwise, Fidelity, VanEck, Franklin, 21Shares, and Grayscale all filed an updated version of their S-1 spot Ethereum ETF application
🔸 Brazil investigates foreign crypto accounts for tax evasion
🔸 Özer founded Thodex, Turkey’s once-largest crypto exchange, starts his 11,196-year prison sentence
🔸 South Korean media reported that exchanges will inspect 600 tokens
🔸 Binance has successfully integrated USDT on the Toncoin Network ⛓
💵 Finances and Economy
🔸 British bank Standard Chartered is opening a spot Bitcoin and Ethereum trading desk in London 🇬🇧
🔸 Deutsche Telekom announced its plan to begin mining Bitcoin
🔸 Evolve Bank and Trust has agreed to a cease-and-desist order with the Federal Reserve
🔸 Researchers claim GPT-4 AI has passed the Turing test
⚖️ Law and Order
🔸 The CFTC is probing Jump Crypto, one of the biggest companies in crypto
🔸 Nigeria’s Federal Inland Revenue Service filed dropped tax evasion charges against Binance’s head of financial crime compliance
🗣 Personalities
🔸 The Winklevoss brothers, the executives atop Gemini, gave $1 million each to the Donald Trump campaign
🚀 Best performers of the week:
Tron - $0.119 (↑2.7%) Pendle - $5.79 (↑2.4%) First Digital USD - $1.00
Everything You Need to Know about Hamster Kombat 🐹
📍 What is the Hamster Kombat game? Hamster Kombat is a play-to-earn game combining simple gameplay with crypto education. Players become hamster CEOs, upgrading and leveling up to build their empires. The gameplay involves tapping to earn coins for upgrades and passive income.
📍 What is the Hamster Kombat token? The game will launch its HMSTR token on The Open Network (TON), following the successful model of Notcoin. This token will be central to the game's economy.
📍 When will the airdrop happen? The airdrop for HMSTR tokens is slated for July. Crypto exchanges will support pre-market trading for the token.
📍 How many tokens will I get for farming? The number of HMSTR tokens you will receive will depend on your in-game coin balance, hourly profit, and other activity metrics. This encourages strategic play and reinvestment in the game.
👉 Join the game and earn some coins before it's too late! through below message by copy and pasting in telegram...
Justin Sun's crypto empire is on the brink of collapse 😳
Justin Sun's extensive crypto empire, including the Tron network, is reportedly on the verge of collapse due to mounting regulatory scrutiny and waning market confidence 👀
Authorities in several jurisdictions are investigating Sun for potential legal violations related to his crypto operations. The potential collapse of Sun's crypto ventures could have far-reaching consequences for the crypto market 🫣
List of projects and platforms Sun is associated with, for your own research: Tron Network (TRX), Poloniex exchange, HTX (ex. Huobi) exchange, BitTorrent, JUST Foundation (DeFi products) 🔍
If Bitcoin price surged to $70,000 unexpectedly, it would cause over $1.67 billion in short positions liquidations catching bearish traders off guard.
📈 “Markets are incredibly bullish right now. Bitcoin and ETH Liquidations are stacked. Bounce imminent,” wrote the CEO of Discover Crypto.
However, another analyst wrote that to go higher market first needs to cool down: “We need a solid amount of liquidations still before we get the all clear for further bullish activity,” suggesting that we might go even lower very soon 📉
But what do you think? 100 days of sideways movement is enough to continue a bullish upside move?
The Arbitrum L2 blockchain has set a new record for net income from blockchain gas fees amounting to $3.29 million in just 24 hours, all because of LayerZero's "charity" initiative during the airdrop claiming process ⛽️
The Winklevoss brothers, the executives atop Gemini, gave $1 million each to the campaign of former President Donald Trump 💸
Global investment firm AllianceBernstein has doubled down on predictions that Bitcoin is about to surge to unprecedented highs and may hit $200,000 in less than a year 👀
According to an official Binance announcement, the exchange has successfully integrated USDT on the Toncoin Network ⛓
🔹 Last 24 hours top 3 gainers:
Core - $1.41 (↑6.10%) Fantom - $0.582 (↑2.51%) First Digital USD - $1.008
• Yesterday the German government transferred 1,500 BTC to crypto exchanges, today they transferred another 200. Presumably to sell the bitcoins in their possession, of which they still own more than $3 billion 💸
• Today, the German Defence Minister has asked lawmakers to approve the purchase of $3.1 billion worth of military equipment 🪖
The claiming of $ZRO airdrop has officially started, the token is trading around $4.6. The LayerZero team introduced a new Proof-of-Donation: For 1 ZRO of airdrop, one must first donate $0.1 in USDC, USDT, or ETH to the developers 💸
Binance became the first offshore crypto-related entity to be approved by India’s Financial Intelligence Unit (FIU) in May, conditional to paying a $2.2m penalty 🇮🇳
MicroStrategy has acquired an additional 11,931 BTC for about $786.0m using proceeds from convertible notes & excess cash for about $65,883 per BTC 🛒
Blast team has announced that token airdrops will begin in one week. If the user has gold or points in the EOA, they will need to log into the Blast dashboard with the EOA at least once to include it in the airdrop calculation 🪂
Nvidia has become the world’s most valuable company 🥇
Following a rally in its shares, underlining the outsized role investors expect artificial intelligence to play in the global economy over coming years, Nvidia is now №1 company by market capitalization in the world.
Bitcoin is up 27.28% from the beginning of 2024 to today, meanwhile $NVDA stock is up 175.6% 📈
This is considering that Nvidia's capitalization is much larger than the entire crypto market combined 🫢
Shocking. 41.1% of called “community members” that that are in the top 10,000 of $ZK airdrop token allocation receivers have completely sold their airdrop. Jeeters… 🫡