Bitcoin (BTC) has gone through an impressive journey. Singapore's DBS Bank likens Bitcoin to "digital gold" and suggests investing in Bitcoin carefully and strategically.
Bitcoin price fluctuations
Bitcoin prices have changed a lot. From around 74,000 USD to 60,000 USD, this has caused investors to have many different reactions. CFA Rajat Soni found that savvy investors see this as an opportunity to buy more Bitcoin, while those looking to make a quick profit sell their assets.

Stellar (XLM) price has increased significantly, gaining more than 7% over the past week. This increase coincides with the overall recovery of the cryptocurrency market. As Bitcoin holds above $58,000, the entire market appears to be in an uptrend.
However, Stellar's price journey remains challenging to sustain its bullish momentum.
XLM Open Interest Rising: Bullish Sign?
According to data from Coinglass, trading activity has seen significant changes recently. Total trading volume has decreased by 3.83% to $35.49 million. This decline reflects either reduced interest or a period of consolidation in the trading market.

The Russian Ministry of Finance has proposed allowing licensed exchanges such as the Moscow Exchange and the St. Petersburg Exchange to provide digital currency trading services to qualified investors.
Anatoly Akskov, Chairman of the State Duma Committee on Financial Markets, emphasized that once the legal framework is established, exchanges will be able to start trading cryptocurrencies quickly without any problems.

On July 11, MATIC's trading volume suddenly increased to 103 million USD, a significant increase from only 6.45 million USD the previous day. Despite this spike in trading volume, MATIC's price continues to decline.
The current negative market sentiment, as indicated by the Elder-Ray index, suggests that MATIC's price could decline to $0.42 unless there is a positive change in the market situation.

Finding promising cryptocurrencies can be challenging, especially for investors new to the rapidly changing crypto landscape. However, the 3 cryptocurrencies below are predicted to increase significantly over the next few years, perhaps even in just a few months.
Solana (SUN)
Solana is famous in the crypto community for its fast processing times. SOL's hybrid protocol enables transaction processing and smart contract execution much faster than other platforms. Institutional interest is also high due to Solana's fast transaction speed.

According to Token Terminal data, monthly stablecoin trading volume increased from 100 billion USD in October 2020 to a record high of 1.68 trillion USD in April 2024, an increase of more than 16 times.
Stablecoins represent a major bridge between the traditional financial system and the digital asset space. Stablecoin movements are often used to gauge the health of the cryptocurrency market and investor confidence.

3iQ Digital Asset Management, a Canadian digital asset investment fund manager, has filed for the first Solana exchange-traded fund (ETP) offering in North America.
Quarter Solana, under the ticker QSOL, will be listed on the Toronto Stock Exchange, providing exposure to SOL, Solana's digital currency.

Recent data from Ultra Sound Money shows that Ethereum gas fees have skyrocketed to 48 gwei.
High demand and network traffic cause network congestion, making transaction processing on Ethereum more expensive.

Below are 4 outstanding unlocks:
1. ApeCoin is the native token of Yuga Labs' Ape ecosystem, which includes the popular Bored Ape Yacht Club (BAYC) NFT collection. On June 17, the project will unlock more than 15 million tokens and distribute them to the treasury, founders, team, and contributors.
Usually, APE drops in price after major unlocks. However, this decline may be less significant given the resurgence of interest in NFT tokens in general and Bored Ape Yacht Club (BAYC) in particular.

Notcoin (NOT), a cryptocurrency built on the Toncoin blockchain platform, has recently attracted widespread attention in the cryptocurrency industry. The token has begun a bull run, as shown by a gain of over 30% on the monthly chart. This is mainly due to the increase of several positive factors. Specifically includes:
NOT spikes futures open interest

Analyst Predicts XRP Coin's Soaring Potential

The cryptocurrency market is going through a volatile period, with Bitcoin (BTC) in particular recently having difficulty maintaining momentum after hitting $70,000.

The price of Bitcoin has dropped to $67,000 as miners sell to cope with rising operating costs. During this period, a market analyst commented on Bitcoin and altcoins, especially Ripple (XRP).

According to the fear and greed index, there was a major shift in user sentiment from greedy to neutral after Bitcoin (BTC) plummeted. As a result, the market is falling, putting downward pressure on other cryptocurrencies.
However, some altcoins maintain their uptrend and are close to reaching new highs. Based on this, let's look at two altcoins that are expected to reach new highs and could deliver impressive returns.

DePIN (Decentralized Physical Infrastructure Network)
- a decentralized infrastructure network applying blockchain technology - is breaking through with hundreds of new projects and a market capitalization of 31.13 billion USD.
This trend promises to change the model of central infrastructure development, reduce costs and improve global access to blockchain technology.
#TopCoinsJune2024 #binance
$IO $LPT

Core CPI inflation is 3.4%, LOWER than forecast at 3.5%
After positive news about CPI, the market shows the possibility of INTEREST RATE from now until the end of the year as follows:
No interest rate reduction of 4.8%.One-time interest rate reduction of 25.5% (Strong reduction after CPI)Reduced interest rates 2 times to 42.4% ((Strong increase after CPI, highest rate, expected to happen earlier in September).Reduce interest rate 3 times to 23.6%.We will observe how this rate changes after the interest rate meeting at 01:00 tomorrow morning. Hope to see Chairman Powell dove 09