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Floki Inu (FLOKI) has announced a significant token burn of 190 billion, valued at over $47 million.
This burn has reduced the coin's circulating supply and contributed to a price increase of 600% over the past two weeks.
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The current price of FLOKI is around $0.0002488, representing a 21% rise in the past 24 hours.
Additionally, Floki Inu has released a roadmap for 2024, outlining plans to expand its utility through digital banking accounts, debit cards, and educational platforms. We will continue to monitor developments related to Floki Inu.
Ticketmaster confirms hack which could affect 560m 🥷
Ticketmaster owner Live Nation confirmed "unauthorised activity" on its database after a group of hackers said they had stolen the personal details of 560 million customers.
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ShinyHunters, the group claiming responsibility, says the stolen data includes names, addresses, phone numbers and partial credit card details from Ticketmaster users worldwide.
The hacking group is reportedly demanding a $500,000 (£400,000) ransom payment to prevent the data from being sold to other parties.
In a filing to the US Securities and Exchange Commission, Live Nation said that on 27 May "a criminal threat actor offered what it alleged to be Company user data for sale via the dark web", and that it was investigating.
Source Link -👇👇👇 https://bbc.com/news/articles/cw99ql0239wo
5 Important Considerations for Selling Cryptocurrency ⬇️
1. Selling early is not necessarily a mistake. It's important to remember that holding onto a coin indefinitely can be risky.
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2. The idea that holding onto a coin will lead to wealth is a myth. While some have succeeded with this strategy, others have lost significant amounts by holding onto coins that eventually declined in value.
3. It's essential to separate emotions from investment decisions. Make informed choices based on facts and market analysis.
4. Selling cryptocurrency can address real-life financial needs. For some, selling NOTCOIN allowed them to cover pressing expenses, which is a practical victory.
5. The cryptocurrency market offers numerous opportunities. If you missed out on NOTCOIN, there are other chances to explore. Stay informed and optimistic.
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Meme Coins on Solana: Market Trends and Analysis 📈💥🚀
Several meme coins on the Solana ecosystem are gaining attention for their market performance and community engagement. Here are a few notable examples:
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1. #Dogwifhat (WIF) - With a market capitalization of $3.24 billion, WIF is currently the largest meme coin on Solana. Its current price is $3.25.
2. #BOOK of MEME (BOME) - Ranked second with a market value of $943 million, BOME has gained recognition for its unique storyline and community engagement. Its current price is $0.01367.
3. #Cat in a Dog's World (MEW) - With a market value of $434.8 million, MEW is a notable example of a cat-themed meme coin. Its current price is $0.004892.
4. #Popcat (POPCAT) - Another cat-themed meme coin, POPCAT has a market value of $383.4 million and a strong community behind it. Its current price is $0.3913.
These meme coins are attracting attention from crypto investors, and their market performance may indicate a trend in the Solana ecosystem. However, it's important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.
1. Shiba Inu (SHIB) - Price: $0.000026 - Market Cap: $14.7 billion - 24-hour Trading Volume: $250 million - SHIB has a strong social media presence and a developing ecosystem. 2. Floki (FLOKI) - Price: $0.0000259 - Market Cap: $2.44 billion - Floki has a metaverse gaming platform called Valhalla and a growing community. 3. MAGA (TRUMP) - Price: $14.7 - Market Cap: $637.4 million - MAGA Coin aims to combine political finance and cryptocurrency principles.
Please note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. It's essential to do your own research and consider your risk tolerance before investing in any asset."
Crypto Wallet Recovery: 43.6 Bitcoin Retrieved After 11 Years 💥🤯
Two cybersecurity researchers successfully helped a crypto user recover 43.6 Bitcoin from a wallet that had been inaccessible for 11 years.
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In recent news, large Bitcoin holders, or "whales," have been transferring their assets from exchanges to private wallets, potentially indicating anticipation of future price increases.
Current Market Analysis:
- Bitcoin is trading at $67,731 on the 4-hour chart. - Pivot point: $68,000 - Resistances: $69,000, $70,600, $71,000 - Supports: $66,650, $65,950 - Relative Strength Index (RSI): 46.62 (neutral) - 50-period exponential moving average: $68,000 - Upward trend line support: $66,650 - Double bottom formation: Indicates potential upward move
Note: The article provides market analysis, which is subject to change and may not reflect the current market situation.
The amount of Bitcoin held on exchanges has fallen to its lowest level since March 2018, with less than 2.3 million BTC stored on exchanges. This decline is attributed to significant outflows from major exchanges like Binance and Coinbase, suggesting a shift towards long-term investing. Large Bitcoin holders, or "whales," are transferring their assets to private wallets, indicating potential anticipation of future price increases.
Current Market Analysis:
- Bitcoin is trading at $67,731 on the 4-hour chart. - Pivot point: $68,000 - Resistances: $69,000, $70,600, $71,000 - Supports: $66,650, $65,950 - Relative Strength Index (RSI): 46.62 (neutral) - 50-period exponential moving average: $68,000 - Upward trend line support: $66,650 - Double bottom formation: Indicates potential upward move
NOTCOIN uses a formula based on the square root function to burn its coins. The formula is:
Burned Coins = √(Total Supply)
This means that the number of coins burned is equal to the square root of the total supply of coins. As the total supply increases, the rate of coin burning also increases, leading to a deflationary effect on the supply of NOTCOIN.
For example, if the total supply of NOTCOIN is 102 billion, the square root of this total supply would be approximately 10,049.
It's important to note that this mechanism is designed to reduce the supply of NOTCOIN over time, which may impact its value."
A lawsuit has been filed against #ElonMuskTalks Tesla, and #SpaceX , alleging insider trading and market manipulation related to #Dogecoin .
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The plaintiffs claim that Musk used his social media presence to influence the price of Dogecoin, causing financial losses for many investors.
The lawsuit seeks damages of $258 billion.
The allegations have not been proven, and the case is ongoing. It's important to note that the outcome of this lawsuit may have implications for the cryptocurrency market.
### Bag the Bull Market! Top Altcoins Under $1 for 10X-100X Returns in 30 Days
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Discover the dynamic cryptocurrency space with opportunities ranging from AI projects and real-world assets (RWA) to meme coins and DePIN. As the market heats up, investors are eyeing the best altcoins under $1 to amplify their portfolios in 2024. Here are three promising projects to watch:
1. **GameStop (GSTOP)** - GSTOP has surged over 144% since its launch, climbing from $0.00024 to over $0.0056. - With strong community support and robust market performance, GSTOP could reach $0.007 or even $0.01 if the bullish momentum continues.
2. **Notcoin (NOT)** - Trading volume has soared to $1.26 billion, fueled by new developments and partnerships. - Supported by major exchanges like Binance and KuCoin, NOT could see further adoption if listed on Coinbase or Kraken. - Currently trading above $0.012, NOT has the potential to reach $0.1 and possibly $1 if the hype sustains.
3. **XRP** - XRP has seen a 3% increase over the past week, maintaining active trading despite price consolidation. - With a market capitalization of $28.8 billion and a positive trading volume trend, XRP could break through the $0.53 resistance and reach $1 by the end of June amid ongoing legal developments.
### Bottom Line
Altcoins under $1 are primed for significant growth, presenting substantial gains potential in 2024. Conduct thorough research before investing to maximize your returns.
Changpeng Zhao, Founder of Binance, Begins Prison Sentence
According to CNBC, #Changpeng Zhao has started serving his four-month prison sentence at a high-security federal prison in Lompoc, California. He pleaded guilty to aiding money laundering. As the founder of Binance, Zhao's stake in the company and personal fortune are valued at $43 billion, making him the wealthiest individual currently serving time in an American prison."
🤯 🌀🚀 Apple Partnership Rumor Boosts JASMY Altcoin by 20%
Speculation is rife around JasmyCoin (#JASMY), known as the “Bitcoin of Japan,” after an announcement from the Japanese Prime Minister's Office. A video conference between Prime Minister Kishida and Apple CEO Tim Cook confirmed that Japan's My Number Card function will be integrated into iPhones by next spring.
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This news led to a 20% increase in $JASMY 's market value in the past 24 hours, raising its market capitalization to $1.4 billion and ranking it as the 67th largest cryptocurrency by market cap. Additionally, JasmyCoin's 24-hour trading volume skyrocketed by 400% to $570 million.
While the My Number Card system, Japan's personal identification framework, is not officially linked to JasmyCoin, rumors have been circulating for months about a possible connection. Despite no official confirmation, investors are speculating on a potential partnership, driven by Japan's broader digital strategy, which includes the development of Web3 technologies like blockchain and IoT—areas where JasmyCoin is a key player.
Founded in 2016 by former Sony executive Kazumasa Sato, JasmyCoin aims to provide secure data processing and storage for IoT devices. It is part of Japan's initiative to integrate advanced technologies into everyday life, including the Metaverse and NFTs. Jasmy's mission is to democratize data through secure management and storage solutions, empowering individuals to control their personal information.
Speculation about JasmyCoin's inclusion in the My Number Card system has been further fueled by an erroneous report on Binance Square suggesting a direct integration of JasmyCoin with the card's functionality on iPhones.
Based on recent analyses and trends, here are the top 10 meme coins for June 2024:
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1. PlayDoge (PLAY) - A play-to-earn mobile game featuring Doge as a virtual pet. 2. Sealana (SEAL) - A Solana-based meme coin with a humorous theme and high transaction speed. 3. WienerAI (WIEN) - An AI-powered meme coin offering staking rewards. 4. Dogeverse (DOGE) - A multi-chain meme coin compatible with several blockchains. 5. Shiba Inu (SHIB) - A popular meme coin with a large community and ecosystem. 6. Pepe (PEPE) - A meme coin that sparked a resurgence in the meme coin market in 2023. 7. Floki Inu (FLOKI) - A coin integrating meme culture with practical utility in NFTs and gaming. 8. Kai (KAI) - An AI-based meme coin with strong presale performance and staking rewards. 9. Oracle Meme (OMEME) - A meme coin generating memes using AI. 10. Shiba Shootout (SHIBASHOOT) - A meme coin combining Wild West themes with high-stakes battles and staking rewards.
Elon Musk's $55 Billion Tesla Compensation Package Under Scrutiny
Tesla's largest investor, CalPERS, has expressed concerns over #Elon Musk's $55 billion compensation agreement with the company.
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CalPERS #CEO Marcie Frost stated that they will attempt to block the implementation of the agreement, citing a lack of sufficient #growth alignment between the package and the company's performance.
This #development follows a previous court ruling that invalidated the 2018 agreement, which granted #Musk shares upon meeting certain sales targets. Other investors have also expressed similar concerns, casting uncertainty over the agreement's future.
- The US Securities and Exchange Commission (SEC) has asked companies issuing spot Ethereum ETFs to submit draft S-1 forms by the end of the week ¹ ² ³.
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- This step follows the approval of forms 19b-4 on May 23 and is a crucial step towards final approval ².
- After receiving the draft S-1 filings, the SEC will provide initial feedback, and companies will need to make further adjustments ¹ ².
- Some sources expect at least two more rounds of draft filings before the S-1 forms are finalized, which may take several weeks or months ¹ ² ³.
- VanEck and BlackRock have already responded to the ETF approval, with VanEck filing a modified S-1 form and BlackRock detailing a $10 million funding ².
NOTICE: Large Bitcoin and Ethereum Options Expiration Today
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Approximately $8.2 billion in Bitcoin and Ethereum options are set to expire today, which may lead to increased market volatility and potential price fluctuations. This event could present trading opportunities for some, but also carries risks.
The expiration of such a large number of options can have a significant impact on the crypto market, influencing prices, trading volumes, and overall market sentiment.
Stay informed and keep an eye on market developments, as this event could shape the near-term future of the cryptocurrency market."
Want to start your crypto journey? Here's a quick guide to get you started! 🌀
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Step 1: Choose a top-notch exchange Select a reputable and secure exchange like Binance, with a user-friendly interface, competitive fees, and a wide variety of cryptocurrencies to choose from.
Step 2: Research like a pro Get the basics down with popular coins like Bitcoin and Ethereum, read up on whitepapers, check out the team behind the project, and stay updated on community news and trends.
Step 3: Store your crypto safely Choose a reliable wallet like Ledger or Trust Wallet, backup your funds, use strong passwords and 2FA, avoid public Wi-Fi, and keep your software up to date.
By following these simple steps, you'll be well on your way to crypto success! Remember to stay informed, keep learning, and always prioritize security.
Hit that like button if you found this helpful, and don't forget to follow us for more crypto tips and tricks! #cryptocurrency #binance #investing"
Investing in cryptocurrencies can be risky, but there are strategies to mitigate these risks and invest more safely.
Here are some tips: 💬
1. Educate Yourself: Understand the basics of blockchain technology and how different cryptocurrencies work. Knowledge reduces risk.
2. Diversify Your Portfolio: Don’t put all your money into one cryptocurrency. Diversify across different assets to spread the risk.
3. Invest What You Can Afford to Lose: Only invest money that you can afford to lose without affecting your financial stability.
4. Research Projects Thoroughly: Before investing, research the team, technology, use case, and community behind a cryptocurrency. Avoid projects that lack transparency or have dubious backgrounds.
5. Use Reputable Exchanges: Choose well-known and reputable cryptocurrency exchanges for buying and selling. They are less likely to be hacked and offer better security features.
6. Enable Security Measures: Use strong, unique passwords and enable two-factor authentication (2FA) on all crypto accounts. Consider using hardware wallets for storing large amounts of cryptocurrency.
7. Stay Informed About Regulations: Be aware of the legal status of cryptocurrencies in your country and any regulations that could impact your investments.
8. Be Cautious with Leverage: Avoid or use caution when trading with leverage, as it can amplify both gains and losses.
9. Stay Updated: Follow reliable news sources and stay informed about market trends and potential red flags.
10. Beware of Scams: Be wary of offers that seem too good to be true, such as guaranteed high returns or unsolicited investment advice. Avoid Ponzi schemes and pump-and-dump groups.
11. Long-term Perspective: Consider holding investments for the long term rather than trying to time the market, which can be very volatile and unpredictable.
Historic Verdict: Donald Trump Found Guilty of Crimes
In a landmark decision, former US President Donald Trump has been convicted of 34 charges related to falsifying business records to influence the 2016 presidential election. This verdict marks a significant moment in American history, coming just months before Election Day.
Trump, who is seeking the Republican nomination for the 2024 presidential race, faces potential prison time. The case centered around a hush-money payment and allegations of a conspiracy to withhold vital information from voters.
While this verdict has far-reaching implications, it's important to remember that the legal process is ongoing. The American justice system has spoken, but the journey is far from over. As proceedings continue, it's essential to stay informed and engaged.