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Yoyodex:
🚨SEC asked exchanges to update 19b-4 filings for spot Ethereum ETFs on an expedited basis.
#Galasuffered a $200 Million Hack attack.

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Cryptocurrency market overview | 20 June 🟢 Market cap: $2.52 trillion (+1.13%) 🔴 BTC dominance: 51.53% (-0.27%) ⚡️ Fear and Greed Index: 60 (greed)

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🧙‍♂️ Binance announced that it will list #LayerZero (ZRO).

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Learn how the BNB Chain Fusion enhances staking, discover the power of Liquid Staking Derivatives (LSDFi), and follow our step-by-step guide to ‘How to Stake BNB’ on @lista_dao ⛓️ Read now ⤵️

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BNB Chain will soon undergo a transformative upgrade with BEP 336 in the Haber hard fork. This upgrade optimizes blockchain data storage and processing, cutting transaction costs by up to 90% and boosting network performance. Learn more about BEP 336 👇

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Bitcoin and Ethereum Remain Slightly Bullish While Dogecoin and Cardano Show Strong Bullish Potential – According to a recent post from leading crypto analysis firm Santiment, the 30-day MVRV ratios of prominent cryptocurrencies indicate a period of undervaluation. The informative tweet highlights these rates, suggesting possible uptrends in the near future. MVRV is an important metric that helps measure market sentiment and profitability by comparing an asset's market value to its realized value. The Importance of MVRV Rates in Crypto Analysis The 30-day MVRV ratio is very important for investors as it clearly shows whether a cryptocurrency is overvalued or undervalued. By analyzing this ratio, investors can make more informed decisions and benefit from market corrections. The MVRV ratio is calculated by dividing the current market value by the realized value. Realized value is the total value of all coins based on their last exchange price. This metric sheds light on market trends and investor sentiment and provides a valuable tool for market analysis. Major Cryptocurrencies Featured by Santiment Santiment's tweet detailed 30-day MVRV rates for six major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), XRP, Dogecoin (DOGE), Toncoin (TON), and Cardano (ADA). Here's a summary of what these rates mean:Bitcoin (BTC): -4.0% MVRV rate indicates a slight undervaluation. Ethereum (ETH): -4.3% MVRV suggests a slight undervaluation similar to Bitcoin. XRP: -3.5% MVRV rate gives a small hint of undervaluation. Dogecoin (DOGE): With a significant MVRV of 16.7%, it shows major undervaluation and signals a very bullish trend. Toncoin (TON): -0.6% nearly neutral MVRV rate suggests stability with little expected short-term change. Cardano (ADA): -12.6% MVRV rate indicates massive undervaluation and signals a strong uptrend.

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