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Crypto Strategy: How to Keep a Cool Head and Avoid Mistakes
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It is likely that in July we will see the launch of spot ETH ETF trading. Yesterday, Gary Gensler said that the launch process is going well. The Ethereum Foundation is currently not actively selling ETH. Although they usually start doing this close to market highs, this indicates that the best is yet to come. The launch of ETH ETF trading could be a news driver in the market, so we should stay alert.
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âïž Bloomberg: Cryptocurrency winter has come earlier as unlocks accelerate the exit of some investors đ Bloomberg believes the cryptocurrency market is experiencing an early "altcoin winter" as some initial investors and founders are selling their digital tokens now that some of them have become "unlocked." đ This year, many project tokens are becoming "unlocked," which essentially means that venture capitalists and founders can now sell the digital assets they received years ago in exchange for investments. According to TokenUnlocks data, as many as 120 out of 138 tokens have had unlocks this year, with the total market valued at approximately $58 billion. đȘ According to research company CCData, out of about 90 leading assets, only 12 have shown positive returns since March 14, when $BTC reached its all-time high. đ In crypto, it often "cools down" in the summer, so nothing new. We are waiting for the "crypto spring" in altcoins. #Bloomberg #Altcoin #Unlocks #Crypto
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Whale Buys $936 Million in Bitcoin Looks like during yesterday's market drop, a whale bought 15,793 đ» BTC ($936 million) and withdrew them from the Gemini exchange. The average purchase price was $59,263 per BTC. đ Notably, the user paid a fee of $3.71 for transferring $936 million.
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ââđ€ Solana introduced a new tool for making transactions via links Solana has unveiled a new tool called Actions, which can turn any website or app into a gateway for cryptocurrency transactions. The developers also announced blinks (blockchain links), where a URL becomes the starting point for a crypto transaction on the Solana blockchain. With these tools, users will be able to initiate transactions directly from a link posted on social media or websites.
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