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🚀Buckle up, BTC enthusiasts! Web3 infrastructure firm COTI has launched its developer network, COTI V2, ahead of its official release. This Ethereum-based layer-2 network is all about privacy, bringing a new level of confidentiality to the blockchain.🔒 The COTI V2 devnet is a playground for market participants to explore various web3 use cases. From confidential decentralized finance (DeFi) to confidential transactions for payments, stablecoins, and real-world assets, the possibilities are endless!🌐 Developers, get ready! The network comes equipped with a Python SDK, a NodeJS SDK, server access, extensive documentation, and an explorer for on-chain analytics. COTI V2 is designed for experimentation with new smart contracts, aiming to provide the best techniques for securing private information.🔧 But wait, there's more! To encourage development on the devnet, the COTI Foundation has launched a $52M grant program. Named the ABC Growth Fund, it aims to reward builders for their contribution and incentivize exploration of new use cases in a privacy-centric web3 ecosystem.🎉 COTI CEO Shahaf Bar-Geffen invites teams worldwide to join the COTI V2 developer network and share their creations. The future looks bright for COTI, with an exciting year of building new things and expanding its network ahead. So, developers, it's time to submit your applications and start creating!🚀

🚀Buckle up, BTC enthusiasts! Web3 infrastructure firm COTI has launched its developer network, COTI V2, ahead of its official release. This Ethereum-based layer-2 network is all about privacy, bringing a new level of confidentiality to the blockchain.🔒

The COTI V2 devnet is a playground for market participants to explore various web3 use cases. From confidential decentralized finance (DeFi) to confidential transactions for payments, stablecoins, and real-world assets, the possibilities are endless!🌐

Developers, get ready! The network comes equipped with a Python SDK, a NodeJS SDK, server access, extensive documentation, and an explorer for on-chain analytics. COTI V2 is designed for experimentation with new smart contracts, aiming to provide the best techniques for securing private information.🔧

But wait, there's more! To encourage development on the devnet, the COTI Foundation has launched a $52M grant program. Named the ABC Growth Fund, it aims to reward builders for their contribution and incentivize exploration of new use cases in a privacy-centric web3 ecosystem.🎉

COTI CEO Shahaf Bar-Geffen invites teams worldwide to join the COTI V2 developer network and share their creations. The future looks bright for COTI, with an exciting year of building new things and expanding its network ahead. So, developers, it's time to submit your applications and start creating!🚀

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🚀🚀Buckle up, Bitcoin enthusiasts! Ethereum, the world's largest altcoin, is seeing a surge in demand despite struggling to stay above the $4,000 mark. 📈📈 CryptoQuant's research head, Julio Moreno, revealed a significant buying spree by "permanent holders" of Ethereum. On June 13th, they scooped up a whopping 298,000 ETH, worth over $1 billion! This is the second-highest daily purchase volume ever by this group. 🤑🤑 Despite Ethereum's price being down by almost 8% over the past week, the surge in demand shows growing interest and confidence among long-term investors. The number of Ethereum addresses holding 10,000 or more ETH has been on the rise over the past three weeks, indicating that the big guns are accumulating. 💪💪 Coinbase recently saw its largest Ethereum outflow of the year on June 12th, with over 336,000 ETH, worth $1.17 billion, being withdrawn. These transactions suggest that whales or unidentified institutions are anticipating a price rise. 🐋🐋 In other news, the final approval of spot Ethereum ETF is expected by the end of this summer, according to SEC Chair Gary Gensler. Once approved, the new spot Ethereum ETFs can be listed. So, keep your eyes peeled, folks! 👀👀 Remember, while Ethereum is making waves, Bitcoin is still the OG of cryptocurrencies! 🚀🚀🚀
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🚀Buckle up, Bitcoin enthusiasts! Dogecoin (DOGE), the largest meme coin, has experienced a 12% drop to $0.14 in a week. However, don't lose hope just yet! 🐕 Analysts are predicting a potential price surge based on technical patterns. Market analysis reveals DOGE has strong support at $0.115 and resistance at $0.16, with an RSI of 48 indicating it is neither overbought nor oversold. CryptoJack, a notable figure in the crypto community, expects a substantial uptick once DOGE breaks out from a certain descending pattern. He's forecasting a 55% increase to as high as $0.22! 🚀 Trader Tardigrade is also speculating a bullish future for DOGE, suggesting it could follow a specific bullish parallel channel that could lead to a price surge of over $12. Market intelligence platform IntoTheBlock suggests DOGE is positioned "above a significant on-chain support level," indicating a strong demand zone. However, DOGE may face resistance around the $0.16 level. Altcoin Sherpa and KALEO have also forecasted a bright future for DOGE. KALEO even suggests that DOGE may outperform Bitcoin (BTC) due to the industry being in a "meme super cycle." The RSI, an essential on-chain indicator, currently stands at 48, signaling a resurgence for the asset. So, keep your eyes on the prize, Bitcoin lovers. The future of DOGE looks promising! 🚀🌕
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🚀BTC enthusiasts, get ready for some action! Today, we're seeing the expiry of around 20,000 Bitcoin options with a notional value of $1.35 billion. But don't fret, the market impact is expected to be minimal as this event is much smaller than previous weeks. 📉 However, keep your eyes peeled for June 28, when a whopping $6.7 billion in notional value derivatives are set to expire. Now that's a date to mark on your calendar! 📆 Today's BTC contracts have a put/call ratio of 0.49, meaning twice as many long (call) contracts are expiring as shorts (puts). The max pain point is at $68,500, a tad higher than current spot prices. This is where most losses could occur. 😬 But don't lose hope, bulls are still ruling the roost in BTC derivatives with almost $1 billion in open interest at the $100,000 strike price. The $75,000 and $80,000 strike prices are also seeing a lot of action with $723 million and $807 million respectively. 🐂 Despite the big macroeconomic data week in the U.S, the crypto market has underperformed, with mainstream coins and altcoins taking a hit. But remember, the crypto market is a rollercoaster ride, so buckle up! 🎢 In addition to Bitcoin, 200,000 Ethereum options expired today with a put/call of 0.36, a max pain point of $3,600, and a notional value of $710 million. The total market capitalization has remained steady at $2.57 trillion over the past 24 hours. However, markets have been on a retreat with a 7.5% decline over the past ten days. Bitcoin is currently hovering around $67,000 following a fall from around $69,500 earlier this week. Analysts are pointing at Bitcoin miner profit taking as a contributing factor to the declines. So, will today's Bitcoin options expiry send markets lower? Only time will tell. Stay tuned! 🕰️
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🚀🚀Buckle up, BTC enthusiasts! Ripple is in a legal tussle with the US Securities and Exchange Commission (SEC) over a proposed $2 billion penalty. The company thinks that's a bit steep, suggesting a $10 million fine instead. 🤔💰 The lawsuit, which has been dragging on for over three years, accuses Ripple and its executives of conducting an unregistered securities offering by selling its XRP token. The SEC's hefty fine proposal was met with resistance from Ripple's chief legal officer, Stuart Alderoty, who argued that the fine should not exceed $10 million. 🏛️👨‍⚖️ Ripple's lawyers are standing their ground, comparing the case with the one between the SEC and Terraform Labs. They argue that the SEC has previously agreed that civil penalties should range from 0.6% to 1.8% of the defendant’s gross revenue, and that Ripple's fine should follow suit. 🧐📚 Despite the ongoing trial, Ripple's CEO Brad Garlinghouse is optimistic, anticipating a resolution by summer 2024. Meanwhile, American lawyer Jeremy Hogan envisions a $100 million settlement. 🌞⏳ The lawsuit's outcome could have a significant impact on XRP's price, which has reacted positively after each of Ripple's partial court wins. So, keep your eyes peeled, folks! This legal rollercoaster ride is far from over! 🎢👀
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📢 Hey there, Bitcoin enthusiasts! 🚀 The cryptocurrency market has been on a rollercoaster ride, with major cryptos trading around crucial levels. Bitcoin, our star player, is struggling to break past the $67K mark, trading at a 1% loss over the past 24 hours. 📉 Despite attempts to breach $68K, sellers have been keeping the price in check. The market's choppy waters have resulted in the liquidation of around $110 million worth of leveraged positions, with Bitcoin accounting for nearly $30 million. 😲 Meanwhile, the altcoin market isn't faring much better. Top 100 cryptos are struggling to chart gains, with Solana down 2.6%, XRP down 1.5%, and Polkadot testing the crucial $6.5 level. Ethereum and Binance Coin are trading mostly flat. 🔄 As for the meme coins, they've had a mixed bag of results. DOGE, SHIB, PEPE, WIF, and FLOKI are all in the red, while Book of Meme (BOME) exploded by 10% following Coinbase's announcement of support. 🎉 Stay tuned, Bitcoiners! The market may be in a bit of a slump, but remember, every dip is a potential opportunity. Let's keep our eyes on the prize! 🏆💰💪
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