Solana cryptocurrency has significant growth potential if a spot exchange traded fund based on the SOL token is launched
Our experts drew parallels between the launch of bitcoin-ETFs and the potential impact of ETFs on Solana (SOL). The launch of the bitcoin-ETF in the US in January was accompanied by a surge of interest in Bitcoin. On a wave of anticipation since the previous October, the price of BTC more than doubled from $27k to $63k at the end of June 2024. And a similar scenario may repeat with Solana after the launch of the relevant ETFs.
For example, the price of SOL will grow 1.4 times in a bearish scenario, 3.4 times in a basic scenario and 8.9 times in an ideal scenario.
These scenarios are based on an estimate of capital inflows into existing Solana-based investment products compared to similar bitcoin-based investment products from 2021 to 2023 (before the emergence of spot ETFs in the U.S.).
The bear scenario assumes that the equity in Solana-based investment products will be 2% of the equity of similar bitcoin products. In the baseline scenario, the amount of funds would be 5%, respectively.
The ideal (blue sky) scenario takes into account capital flows into bitcoin products at the market peak in 2021 and now, when there are already spot bitcoin ETFs. The total amount of funds in Solana-based ETFs over the next three years could be 14% of what bitcoin funds will receive.
Analysts believe the impact of the launch of the Solana ETF on the cryptocurrency's exchange rate could be stronger because, unlike bitcoin, SOL is actively used for steaking in decentralized financial applications. $SOL
#SOLANAETF #solonapumping

We tell you about the most common scenarios of cryptocurrency scams and how to identify a scam
Social networks have long been one of the favorite platforms for cryptocurrency scammers. Scammer ads regularly appear in private messages and in comments under posts. And offers of investment projects and trading on cryptocurrency exchanges. Here with potential victims you can conduct long correspondence, gradually gaining their trust. At the same time, such activity can now be found in any social network.
How cryptocurrency scammers operate on social networks
Scammers are incredibly resourceful when it comes to trapping users or forcing them to share personal information. At the same time, every cryptocurrency scam scheme is based on psychological pressure. After getting acquainted with the potential victim, scammers gradually instill confidence in the proposed scheme of earning, demonstrate their success.
Below we will write in detail what cryptocurrency scam schemes are most often encountered in social networks.
Blackmail and extortion
Scammers tell the victim that they have some personal information that could damage a person's reputation. For example, compromising photos or videos. They threaten to make them public if the victim does not agree to send them a cryptocurrency transfer.
The "business opportunity" scam
Usually, this scheme manifests itself in the fact that scammers offer some kind of guaranteed profit. The victim only needs to hand over a certain amount of money in cryptocurrency, which will be doubled or even tripled in a few hours. The calculation here is simple - a person is caught on the desire to get rich quickly. The outcome is always the same - the scammer takes the cryptocurrency and disappears with it.
Fake vacancies
In this scenario, scammers create fake job listings or send the victim a personal message with a job offer. As a rule, such "jobs" are related to mining cryptocurrencies and attracting other cryptoinvestors.
In any case, the scheme assumes one common condition - to start working, you need to make a payment in cryptocurrency. Moreover, the scammer may offer that he will process the transfer himself if the victim sends him funds to the cryptocurrency wallet.
Investment scams
One of the most popular schemes in which a social network user is offered to acquire a cryptocurrency wallet or purchase crypto through a chatbot. The scammers then give access to a closed group where you need to invite your friends. At the same time, the group usually already has posts from users who have successfully "earned" on the investment scheme. The result is a classic pyramid scheme, the profit from which only the organizers of this scheme receive.
There are quite a few projects that offer users to invest their funds, after which the project owners allegedly trade them on a crypto exchange. On the face of it, nothing suspicious. There is a popular and promoted channel, in the posts - a lot of positive feedback.
The conditions are simple: you need to send money to the card so that experienced traders bought cryptocurrency on them and launched it on the exchange. At the same time, scammers assure that the user will receive at least a 10- or 20-fold increase in the deposit. The starting step is, for example, $50 and these traders supposedly insure deposits, but take 10% of the profit for their services.
A trusting user sends money and soon faces an unpleasant surprise. The guarantor of the transaction must be paid before the end of trading. In addition, 20% of the profit must be transferred to the trader. As a result, the user loses his initial funds plus overpays at least 30% on top.
This is just one example out of thousands of similar projects that constantly appear on Internet
Trading Training
Users are offered courses on financial literacy and trading. Users are usually lured through advertisements in groups and private messages with easy earnings. It is enough to deposit your funds on a cryptocurrency platform, take a quick training course and get rich. The finale of such stories is the same - a person loses his money.
Insider information 
In this case, crypto- scammers contact users who are subscribed to trading groups. Criminals claim that a particular coin will soon increase in value. To earn money, you just need to purchase tokens - for example, through a link or wallet, which turn out to be fake.
Rug Pull 
Rug Pull is a common scam where project participants collect capital or cryptocurrency from investors to fund a project. And then suddenly disappear. As a result, investors lose everything they invested.
For example, user NoHandsNoRug created the meme token HANDS during a stream on his website. He attracted users, assured them of the liquidity of the investment, and then sold the coin at the peak of its price. Other users were unable to get rid of the tokens as quickly. The value of the coin plummeted downward, and investors lost their funds.
Romantic scam
One of the most popular methods of deception is online dating for the sake of romantic relationships that end in involvement in an investment scheme. Scammers unobtrusively get acquainted with the victim and start a correspondence with her. In the beginning, the communication does not arouse suspicion: the interlocutors exchange photos and tell each other about their lives.
At some point, when contact is already established, the victim is offered to invest funds. Allegedly, this will bring communication and relationships to a new level: "We will earn a lot of money together and live happily ever after". At the same time, scammers use various psychological techniques that develop dependence, manipulative techniques, and even pressure. The goal is the same - the victim must invest a large amount of money.
Communication can last several months. At the same time, the fraudster tries to build communication in such a way as to make the victim guilty, as if she did not collect the necessary amount in time and let the "partner" down.
Co-investment
This scenario develops the theme of investment. The scammer allegedly invests in the project together with the victim. After which he reports that he has lost his funds. And much more than the deceived user. Naturally, any return of money is out of the question.
How to identify cryptocurrency scams
Here are a few signs that you can immediately recognize what you are dealing with:
You are promised a guaranteed return on investment and easy money.At the initial cryptocurrency offering, you are not provided with a technical document that describes the design of the coin or token, the functions of the asset, its characteristics.The cryptocurrency offering is promoted through aggressive and intrusive marketing.You do not manage to find out who and how the proposed cryptocurrency is managed.You are offered to pay for something. For example, to pay a commission for providing some kind of assistance in obtaining cryptocurrency.
In order to avoid such situations, it is enough to adhere to simple but reliable recommendations.
Analyze your interlocutor's account. It may look suspicious: the user may use someone else's photos or be active recently. If you got into a group or channel in social networks, study the accounts of subscribers. They may be fake.
Examine the offer. If you are offered a quick and big earnings, you are most likely being scammed. That said, scammers can often push you to make a decision by claiming that time is limited. If you are unsure about an offer, look for information about it or tell loved ones and ask for their opinions.
Never give your personal data, especially keys and passwords to your exchange accounts or crypto wallets, to third parties. No legitimate service will ask you for them under any circumstances.
#scamriskwarning #ScamWarning

Analysts at Bernstein have raised their bitcoin price target to $200k by the end of 2025, up 33% from their previous forecast of $150k
In the current cycle, which will last from 2024 to 2027, bitcoin may rise in price by 1.5 times the cost of mining, reaching a maximum of $200 thousand by mid-2025.
Bernstein analysts also predict that the bitcoin rate will exceed $500 thousand by the end of 2029 and reach $1 million by 2033.
The capitalization of the entire crypto market will triple
The cryptocurrency market may grow threefold by 2025. According to experts' calculations, the total market capitalization of cryptocurrencies will reach $7.5 trillion by the end of 2025. As of June 14, it is $2.56 trillion.

Capitalization growth will be aided by the expansion of the Bitcoin and Ethereum ecosystems, as well as the “unprecedented” institutional adoption of cryptocurrencies.
The capitalization of bitcoin, the flagship of the cryptocurrency industry, will reach $3 trillion by 2025. The Ethereum blockchain ecosystem, which powers many other cryptocurrencies and decentralized applications (DApps), is expected to reach a capitalization of $1.8 trillion by 2025. The combined capitalization of Solana and Avax blockchains could reach $1.4 trillion by 2025.
Successful development of the spot cryptocurrency exchange-traded fund (ETF) market
Analysts predict successful development of the market of spot cryptocurrency exchange-traded funds (ETFs). According to their forecasts, by 2025, assets under ETF management will grow to $190 billion from the current $58 billion. On the balance sheets of 11 bitcoin ETFs in the U.S. collected 850 thousand BTC - this is about 4.5% of all bitcoins in circulation.
The launch of bitcoin ETFs in the U.S. at the beginning of the year triggered an influx of capital into the market and became one of the catalysts of bitcoin price growth to its new all-time high of $74 thousand in March 2024.
The launch of ETFs in the US was a watershed moment for the cryptocurrency, bringing structural demand from traditional sources of capital. ETFs have attracted $15 billion in new cash flows. ETFs in the U.S. will accumulate about 7% of all bitcoins in circulation by 2025 and 15% of the total bitcoin supply by 2033.
Exchange traded funds (exchange traded funds, ETFs) allow you to trade the underlying asset in the form of shares. So-called spot ETFs involve the actual purchase of an asset (i.e., cryptocurrency) from the market to back the fund's shares.
The decline in the rate of new bitcoin issuance from 900 BTC to 450 BTC per day after the April halving was another factor affecting the bitcoin price.
Bitcoin is now in a new bull cycle. The halving creates a situation where the natural selling pressure from miners is halved (or even more as they accumulate more coins in anticipation of growth). At the same time, new factors stimulating demand for bitcoin emerge, leading to an exponential price increase. $BTC
#BTC #bitcoin

Our experts have analyzed the market situation and told how it may change this week for Bitcoin
In the week ending June 9, bitcoin made an attempt to consolidate above $70 thousand. And it almost succeeded. From June 4 through June 7, bitcoin traded above that mark and tested the next hurdle at $71,000. But on Friday, the market reversed sharply and bitcoin returned to the range below $70,000.
On June 4, bitcoin rose sharply from $69,080 to $70,800. Bitcoin's mid-week rise was fueled by a wave of optimism that a key U.S. rate cut was imminent. For investors, the monetary policy of the U.S. regulator remains the main factor affecting the state of the crypto market.
Market participants were encouraged by the data on the decline in inflation, which was published earlier. And hoped that the unemployment report, which was expected on Friday, June 7, would show a decline in business activity. And the rate of economic growth in the U.S., which would prompt the U.S. Federal Reserve to make two cuts in the key rate to stimulate the economy. The rate hike was also helped by statistics on capital inflows into spot bitcoin-ETFs. On June 3, the second largest net inflow into the funds was recorded at $887 million.
But the report on the situation in the U.S. labor market, published on June 7, threw many into confusion. On the one hand, the number of applications for unemployment benefits in the U.S. grew stronger than expected - up to 229 thousand instead of the expected 220 thousand. On the other hand, the number of jobs in the non-farm sector (NFP) in the U.S. increased by 272 thousand in May against the expected 185 thousand. And that indicates that the US economy is doing well in the high key rate environment. This, in turn, reduced the probability of interest rate cuts.
If before the publication of the report participants estimated the probability of a rate cut at the September Fed meeting at 67%, after the release of the employment data hopes fell to 55%, according to FedWatch CME Group surveys. The likelihood that there will be two key rate cuts in 2024 also fell, from 66% to 51%.
The crypto market immediately reacted with a sharp correction to the unemployment and employment data. Bitcoin lost nearly $3,000 in two hours and almost touched the $68,000 level. But rebounded and has been trading just above $69,000 since Friday.
This week we can expect increased volatility in bitcoin and the entire crypto market around key events.

Important events will also concern the main factor of possible growth or fall of the crypto market - monetary policy in the United States.
On June 12, there will be a meeting of the Federal Open Market Committee. And where the rate will be discussed. Although none of the market participants are expecting a decision to lower the key rate at the June meeting, everyone hopes to hear signals that this process will start in the foreseeable future.
June 12 will also see the publication of the consumer price index, which is considered one of the main indicators taken into account by the regulator when discussing the key rate. In May, the index decreased by 0.1 percentage points to 3.4%. But even such a slight decline had a positive impact on the mood of traders.
If consumer prices show a decline again, it may signal to the market that the key rate will start to decrease in the fall. And this means an increase in appetite for risky assets. In this case, bitcoin may regain the positions lost after the publication of the unemployment report and once again overcome the $71,000 mark.
It is possible that in the case of this optimistic scenario, the wave of optimism will increase inflows into spot bitcoin-ETFs, and by the end of next week bitcoin will approach $75,000. $BTC
#BTC☀ #Binance200M

Our experts analyzed the market situation and told us how it might change this week for Bitcoin
In the period from May 27 to June 2, bitcoin demonstrated increased volatility on the background of several important events. The market was reacting to the beginning of payments to creditors of Mt. Gox exchange, which went bankrupt in 2014. And investments in bitcoin by Semler Scientific Corporation, a request from the U.S. Securities and Exchange Commission (SEC) to change applications for spot ETFs based on Ethereum. As well as on US statistical data. Which influence expectations regarding the Federal Reserve's monetary policy. The bitcoin price fluctuated in a wide range, ending last week around the $67,600 mark.
On June 2, Bitconi was trading at $67,644 after a 9-day consolidation near $68k. BitRiver estimates the most important price levels for the week: top at $70,687, support at $66,500 (trending from $56,552). The price traded in a wide weekly range of $66,670 - $70,687.
On cycles, the price consolidation phase from the top of $73,777, which lasts 79 days, has ended. The market is ready to renew the historical maximum. According to seasonal cycles, a favorable 1.5-month period for growth is expected from June 2.
Important events are expected in the US this week that will have a major impact on the dollar and risk assets
This week's important events:
June 3: ISM manufacturing index
June 4: manufacturing orders data
June 5: ADP employment report and ISM services index
June 6: weekly unemployment and trade balance data
June 7: non-farm payrolls and unemployment rate (NFP) data
Traditionally, financial markets do not show a wide amplitude of movement with the onset of the summer period. Historically, May and June have not been the most successful months for trading. And June is not statistically the most successful month for Bitcoin at all
As mentioned earlier, June is not the most active and profitable month for bitcoin. But based on liquidity gathering (stops and liquidations of players in the futures market) at $66,100 - $70,100. And other areas are not interesting for liquidity gathering players in the midnight. $BTC
#Bitcoin❗ #BTC☀

Buyers held Bitcoin price level, what will happen to cryptocurrency this week
The rate of Ethereum, the second most capitalized cryptocurrency, rose by 4% over the past day. This is the maximum price of Ethereum since March. On May 24, the U.S. approved the launch of exchange-traded funds for the Ethereum cryptocurrency. The U.S. Securities and Exchange Commission (SEC) for a long time postponed consideration of applications for the launch of such funds. But then it abruptly changed its rhetoric. This led to a rapid rise in the cryptocurrency's exchange rate by more than 25% in a week.
Exchange traded funds (exchange traded funds, ETFs) allow you to trade the underlying asset (i.e. cryptocurrency) in the form of shares. And that involve actually buying cryptocurrency from the market to back the shares of such a fund. The launch of bitcoin ETFs in the US earlier this year was one of the catalysts for the price of the first cryptocurrency to rise in 2024.
The growth of the crypto market is also constrained by other factors, among which the US monetary policy and the US Federal Reserve's position on the key rate remain the main ones. Last week, the minutes of the regulator's May meeting on the key rate were published.
Market participants wanted to see in them signals about the readiness of the US FRS to move to the long-awaited reduction of the key rate. But instead of that, the regulator's restrained position is traced there. According to the minutes, some representatives of the Fed adhere to the so-called hawkish monetary policy and demonstrate readiness not to lower. On the contrary, to raise the key rate, if it is not possible to reduce inflation rates in the near future. At the same time, market participants were more optimistic before the publication of the minutes, as the inflation data for the week ended May 19 showed a decline in the rate of growth of consumer prices.
The coming week is not full of significant economic events that can affect the course of trading in the crypto market. May 27 is a day off on the U.S. markets. And the main indicator, the publication of which investors will be waiting for, will be the personal consumption expenditure (PCE) index. And which serves as another factor in changing the rate of inflation growth and is taken into account by the U.S. Federal Reserve System when making decisions on monetary policy.
Due to the lack of significant macroeconomic news, crypto market participants this week will keep the focus on industry news. Thus, attention will be focused on the development of the situation around spot "ethereum" ETFs and discussion of their possible launch dates. $BTC
#BTC☀️ #BTC☀
 

Our experts analyzed the market situation and told us how it might change in the coming week for Bitcoin
Last week was a good week for bitcoin. Since the beginning of last week, the price recovered by 9.43% to $67,280. And from the weekly low of $60,187 - by 10.7%. The main drivers for the U.S. dollar and risk assets were a rally in GameStop (GME) shares. As well as April inflation data and related expectations for Fed action.
Upcoming important events this week
In the week from May 20 to 26, protocols of the May meeting of the American Central Bank (May 22) will be published. And market participants will probably be able to better understand the prospects of its monetary policy. The publication of the protocol is important for determining the course of the Fed's current policy and the prospects for raising or lowering the interest rate in the US.
Possible scenarios of Bitcoin price development
The week ended on a positive note, and bitcoin, which traded at the beginning of the last week just above $61,000. Bitcoin gained 8% on the back of encouraging data on the state of the U.S. economy.
The main news of the economic calendar of the past week was the publication of data on inflation in the United States. In April it decreased from 3.5% to 3.4% year-on-year. This gave investors hope that the trend would reverse and the U.S. Federal Reserve would soon reach its 2% target. Investors agree that the key rate will start to decline in the second half of the year. In turn, the reduction of the key rate will return the market participants' appetite for risk and increase the attractiveness of risky assets.
On May 15, immediately after the news of lower inflation in the U.S. bitcoin made a sharp jump of almost $2,000 - from $62,700 to $64,300 in a matter of minutes. This shows that inflation and the key rate in the U.S. are now the dominant factors. And affecting the mood of trading participants in the crypto market.
Simultaneously with the sharp rise in the bitcoin rate, the stock market's interest in bitcoin spot ETFs returned. By the end of last week, the daily trading volume of this instrument on U.S. stock exchanges exceeded $5.6 billion. Such volume has not been observed since March 24.
The main economic news of the next week will be the speeches of representatives of the U.S. Federal Reserve System. And which, without any doubt, will touch upon the issue of the regulator's monetary policy. Traders are also waiting for the publication of the minutes of the Fed's meeting, which took place in early May.
As usual, there are several scenarios. The most probable ones are further growth and movement to $68,500 or correction to $64,500. A fall to $60 thousand is still possible. But in the nearest week it is unlikely because of general enthusiasm of market participants after positive news about decrease of consumer prices growth rates in the USA. $BTC
#BTC🔥🔥🔥🔥🔥 #btcupdates2024

For the first time in years, bitcoin miners are in no hurry to sell their mined coins after halving them
Bitcoin miners have moved to accumulate coins after the fourth halving. Our experts recorded in early March one of the longest periods of reduced pressure from miners. And similar to what was observed at the bitcoin price of $16 thousand in January 2023. Pressure on the bitcoin price from miners has been falling for 14 consecutive days. Against the backdrop of growing inflows into spot bitcoin-ETFs and the increasing likelihood of a Fed rate cut in the fourth quarter. Bitcoin miners are now apparently building up their holdings of the cryptocurrency. In order to sell it off at a more favorable price.
CryptoQuant founder Ki Yang Ju noted significant changes in the revenue streams of miners due to the development of applications on the bitcoin network. According to his data, 7% of total revenue streams for miners now consists of transaction fees on the network, up from 1% just two years ago.
This change has been seen consistently over the past four weeks, and therefore has the potential to strengthen the fundamentals of the network, the CryptoQuant executive wrote.
According to experts at Fidelity Digital, the digital assets division within one of the world's leading investment firms, Fidelity Investments. Right now, pressure to sell the first cryptocurrency could come from long-term bitcoin holders. That is, those who have held the cryptocurrency for more than 155 days. The company's April report mentions that 99% of long-term holders of the first cryptocurrency were in profit. Since the beginning of the year, the price of bitcoin has increased by 46%, for a year's growth of 120%. And that, according to experts, may encourage investors to lock in profits, thus causing a correction in the cryptocurrency market.
$BTC #BTC🔥🔥🔥🔥🔥 #btcmining

Our analysts claim a new rate of return is forming in cryptocurrency mining after Bitcoin's fourth halving of Bitcoin
Bitcoin miners have started to feel the effects of halving - their income has fallen to a new low. After April 20, their main source of income was halved and they are forced to adapt to the new market conditions.
Halving is a planned and programmed event in the bitcoin code. New bitcoins are created by miners whose computers perform complex calculations. And who validate transactions in a public registry - the blockchain. These transactions are packaged into blocks, and the miners compete with each other to see exactly who finalizes a new block of transactions.
When a block of transactions is finalized by a miner, that miner receives the newly issued bitcoins in the form of what is known as a block reward. The size of this reward was halved once again on April 20 - from 6.25 to 3.125 BTC.
Bitcoin miner profits are made up of two factors
The first is this a fixed fee for adding new transaction blocks to the blockchain. And from commissions for processing user transactions. The first source was scheduled to halve after the April 20 halving. And the second one kept at an atypically high level until the beginning of May. But also decreased already in the first days of May.
The size of commissions depends not on the amount, but on the size of the transaction data in bytes. Space in one transaction block is limited, and the higher the demand for it, the higher the commissions increase. With the advent of the Ordinals and Runes protocols (analogs of NFT for bitcoin), it became possible to add media files to transactions. This had a big impact on the total size of transactions. And, as a consequence, on the commissions received by miners for their processing.
The Runes protocol was launched at the same time as bitcoin halving; it can be used to issue collections of tokens, around which a speculative frenzy immediately arose. In an attempt to promote the transaction to the "anniversary" block numbered 840 thousand. And on which the halving took place, users paid inflated fees - more than $100 for transferring bitcoins and thousands of dollars for issuing ("mint") tokens of BRC-20 and Runes format. It is believed that tokens from the first blocks after halving may hold more value for speculators and collectors in the future.
Such an effect did not last long. By early May, total revenue from block rewards and commissions had already fallen to a new low of $26.3 million, according to Blockchain.com. Before the halving, miners were earning an average of about $60 million per day.
The wallet data of the largest mining pools is public. And that's why analytics services can track miners' income in real time. Public mining companies also send monthly financial reports to regulators, which are publicly available.
Halving logically reduced the number of bitcoins mined as well
Canadian mining company Hut 8 has reported. The company reported that in April it mined 36% fewer coins than the month before - 148 BTC compared to 234 BTC in March. According to The Miner Mag, Hut 8 dismantled more than 25,000 mining devices in April to minimize the downtime of unprofitable equipment.
The record bitcoin appreciation in March gave miners a significant income. And which they used to buy equipment or new capacities. For example, the American Bitfarms announced that it will spend $240 million to buy more efficient equipment. In order to adapt to the effects of halving. Marathon Digital, the largest U.S. mining company, spent more than $200 million to purchase data centers to house its equipment.
Our experts note that after halving, the average cost of mining one bitcoin will rise to $53 thousand. The founder of the analytical platform CryptoQuant, Ki Yong Ju, wrote that bitcoin needs to stay above $80 thousand. In order for mining on the most popular devices to remain profitable in the current environment. $BTC
#BTC #bitcoinhalving

The percentage price change in some major cryptocurrencies is stronger than that of bitcoin
Bitcoin continues to trade in a narrow range at $62-64 thousand, but some of the largest cryptocurrencies by capitalization show more noticeable growth dynamics.
The growth leader among the top 20 largest crypto assets is NEAR. This is a native token of the blockchain platform NEAR Protocol. Among the tokens of ecosystem blockchains or so-called first-level networks, positive dynamics is also observed in BNB of the BNB Chain network from Binance exchange and TRX - a native token of the Tron ecosystem.
Cryptocurrency aggregators refer to the group of tokens of Layer 1 (L1) blockchain coins. And which serve as the underlying infrastructure for applications, tokens and protocols. These include Ethereum, Solana, Cardano or TON, among others.
Of the other tokens in the category, entrepreneur Justin Sun's Tron blockchain token TRX showed growth. TRX rose almost 10% over the week with a capitalization of $10.5 billion.
Other Tier 1 networks from the top 20 in terms of capitalization, such as Solana, Cardano and Avalanche, generally follow the dynamics of bitcoin or fall in value even more actively. Solana, Cardano and Avalanche blockchain tokens lost about 5% during the week.
Our experts note that the largest price drop among ecosystem blockchain tokens is observed in TON - the coin has fallen in price by 15% over the past week. It reached $7.2 before Pavel Durov's speech at the cryptoconference in Dubai. And after the speech of the Telegram founder, the token systematically fell in price. As of April 29, Toncoin is trading at $5.2.

#BTC🌪️ #Solana’

The crypto market is full of platforms that make Airdrop for active users. Our experts tell you how to identify a promising project based on three criteria
Airdrop has become an extremely popular trend in the cryptocurrency market. On the one hand, users are migrating en masse to second-tier networks in the expectation of hunting for future Airdrops there. On the other hand, projects everywhere announce the release and distribution of tokens in advance in order to attract the audience.
Thus, the market is in a hype, which greatly disperses the attention of users. Previously, there were only a few projects on the public ear, for the manifestation of activity in which you should expect a solid distribution of tokens. Now, since money and time are limited. And there are a lot of options - we have to choose which Airdrop is really worth hunting for.
The first and foremost criterion in selecting a project is the amount of investment involved in that project
There are several reasons for this. First, the presence of large financial injections indicates a potentially high valuation of the project in the future. This directly affects the rate of the future token and, consequently, the size of the eirdrop in terms of dollars.
Secondly, the presence of large investors is also a kind of guarantor that there are no fraudsters behind the platform. As a rule, investment funds do know where they put their money. The identities of the developers are known, where they live, where they are registered. This significantly reduces the risk that the founders of the project will be able to misappropriate the assets of users and hide with them. Since in this case it will be easier for the police to find them.
Third, significant investment is a resource for both creating a good product and organizing a successful marketing campaign.
It is especially good when the investors are well-known large investment funds. For example, such as Binance Labs, Blockchain Capital, a16z and others. These are titans of the crypto market who know their business and usually support projects at the development stage and beyond.
Second criterion is the number of users and competition in this Aridrop
The presence of large investments and big names among investors is not enough. At least because the project may fail and not pay off. But another reason could also be "overfarming". When there are too many users hunting for a giveaway. And the allocation of tokens for each may turn out to be too small.
So, if you have chosen a few projects with good investments. Then you should check them for the number of users chasing the future Airdrop. Or check what you need to do to get at least into the first 50% of the user rating.
To do this is not so easy, projects do not always give transparent information on this matter. So you have to look for it in roundabout ways. Here are two options:
Today, many projects have introduced a points system, on the basis of which future tokens will be distributed. As a rule, the project publishes a rating of users by the number of points they have accumulated. Having analyzed this rating, you can estimate what you will need to do to get ahead of most of your competitors.
If, say, to get into the top 20-30% of users will require a huge effort - probably, the project is "overfarmed", and it is not worth spending time and money on it. And vice versa: the easier and cheaper it is to gain points and move higher in the ranking. The greater the potential of the airdrop size specifically for you.
Another example: the derivatives platform Satori.
Despite the huge number of users, get into the first 10 thousand by rating. And it is enough to invest on the platform a couple of thousand dollars for a few weeks.
In the second option and when working in the networks of the second level, the analytical platform Dune will help you. It allows you to see statistics on different blockchains for all wallets. You can find out how much users have invested. And how many transactions they made and for how much, how many days and months they were active.
Based on this information, you can figure out what you need to do to outperform most of your competitors in terms of activity. Our experts recommend trying to get at least into the first 30% of the rating. It is likely that those who are not in the top 50% will be left without an Airdrop or receive a low allocation.
Third criterion is the time the project has been in existence and the expected time to Airdrop
We have selected a few projects with large investments - then we have weeded out those with large competition - now we need to understand how long we have left to wait for a potential Airdrop. If there is a high probability that the distribution will be in a month or two, it is better to skip this project for two reasons.
First, you risk not having enough months of activity to get an eirdrop.
Secondly, even if you know that airdrop is a month away and the snapshot hasn't been made yet - it's still debatable to stop on this project. You'll be way behind in points from early users and won't have time to gain much allocation. Therefore, it only makes sense to participate in such giveaways if there are no alternatives. It is better to strive to join the project at an early stage.
Conclusions
It is not easy to find interesting projects with good airdrop potential, but it is not so difficult. Yes, you need to spend time, gather statistics and analyze them. But this is the job of an " airdrop hunter", and it is important to do it. It will help you avoid an extremely unpleasant situation. And in which you will not only waste money and time on an empty project. And you'll also miss out on another good giveaway.
Of course, you can do simpler and focus on airdrop, which are known to everyone. This is also a working solution: if a huge community is hunting for a particular giveaway, it's for a reason. However, by following the masses and Influencers, you are more likely to arrive at an "overfarmed" project and later than others.
Your main task is to find a project with good investments, enter it before the majority. And when it becomes famous - move to the next potential airdrop.
#Airdrop‬⁩s #Airdrop_Opportunity

The growth of TON price coincided with the public expansion of the messenger. Our experts assessed the prospects for a cryptocurrency ecosystem with its support
The cryptocurrency Toncoin (TON) has secured its place in the top ten largest crypto assets by capitalization. And at the same time taking the ninth line of the CoinMarketCap rating between Dogecoin and Cardano. The price of the coin has grown two and a half times in the past month. The growth of its rate was greatly accelerated after the release of an interview of the founder and owner of Telegram Pavel Durov to the Financial Times. And in which he said that the messenger received a preliminary valuation of $ 30 billion before a possible IPO.
In the sensational interview with Tucker Carlson, Durov mentioned that he had "several hundred million in dollars and bitcoins" 10 years ago. And he "didn't do anything with them" because Telegram was "never about money" for him. Earlier, Durov said that of all cryptocurrencies he only holds Bitcoin and Toncoin.
Cryptocurrencies in Telegram
Formally, Telegram has nothing to do with projects in the TON ecosystem. And for which Toncoin serves as the main currency. But the messenger team is obviously supporting the developers. The messenger interface includes a cryptocurrency wallet that supports only bitcoin, USDT stablecoin and Toncoin itself. In it, you can also activate an additional Ton Space wallet. And which serves to interact with online projects operating on the TON blockchain. And tokens and NFTs issued on this blockchain.
On April 19, Durov is scheduled to make an announcement at the Token2049 cryptocurrency conference in Dubai together with Paolo Ardoino, the head of Tether, a USDT steiblcoin issuing company. Officially, the topic of the speech was not advertised. But in thematic Telegram channels and chats, the probable launch of USDT in the TON network is widely discussed.
Possible difficulties for the growth of the Ton ecosystem
The main difficulty that awaits TON is related to the market's transition into the inevitable phase of correction. The bulk of the audience today are "newcomers looking for an easy profit". And the cryptozyme crisis will hit such people the hardest, our experts believe. Indirectly, there are also risks from the U.S. Department of Justice, which may provoke new proceedings against Telegram. Especially since the precedent already exists in the legal field of the country and transferring it to a new token will be easier from the point of view of the law.
Possible difficulties may be related to excessive attention of regulators, primarily the US and the EU. Formally, Toncoin may fit the definition of an investment contract. And be considered as a security by the US SEC. In Europe, MiCA legislation comes into full force this year, and how European regulators will classify Toncoin is still unclear.
Another potential problem is abuse by criminal elements. This point will be especially relevant if the TON blockchain is used to issue stablecoins. For example, the Tron network (the most popular of those on which USDT operates) has already been accused of aiding and abetting terrorists. According to the U.S. authorities, Tron is used by them even more than bitcoin - it is the stablecoins that are used first and foremost.
 #tonusdt #TONCOİN

Ethereum, the second most capitalized cryptocurrency, showed the most significant growth since the beginning of April
Our experts, believe the rise of the second cryptocurrency is due to the market's wait for the US Securities and Exchange Commission (SEC) to approve spot exchange traded funds (ETF) on Ethereum.
According to unconfirmed reports, Ethereum ETF issuers held a meeting with SEC officials. This information comes from the co-founder of hedge fund Parataxis Capital. And which specializes in digital assets, Edward Chin and has not yet received official confirmation.
Following the debut of a group of bitcoin spot ETFs in the U.S., several management companies, including BlackRock, Fidelity. And Ark Invest, have filed applications with the SEC to create spot ETFs on Ethereum. The regulator could approve such funds as early as May this year. And according to estimates from S&P Global and ETF market analysts at Bloomberg.
Analysts at brokerage Bernstein published a report estimating the probability of Ethereum-ETF approval before May at approximately 50%.
However, on March 20, the SEC postponed the deadlines for reviewing ETF launch applications from asset managers Ark 21 Shares. And Hashdex to May 24 and May 30, respectively. And after that, Bloomberg analyst James Seyffarth said the chances of an Ethereum-based exchange-traded fund being approved in May have diminished significantly.
According to Jeffrey Kendrick, head of currency and digital assets research at Standard Chartered, the price of ETH could rise to $4k on expectations of Ethereum-based spot exchange-traded funds (ETFs) approval.
While bitcoin is recognized as a commodity in the U.S., the Ethereum cryptocurrency wants to be recognized as a security.
In March, the SEC launched an investigation into ETH. And demanded documents from the Ethhereum Foundation, a non-profit organization associated with the cryptocurrency.
The reason for the investigation was the transition of the Ethereum blockchain to a staking mechanism instead of mining. Many of the crypto-assets, the issuance of which is carried out by staking (proof-of-stake algorithm), have already been equated to unregistered securities in June 2023 in lawsuits against major crypto exchanges. $ETH
#ETH🔥🔥🔥

Our experts analyzed situation on the crypto market and told how the price of Bitcoin can change
The week of March 25-31 was relatively quiet. The following key factors influenced the crypto market. This is the dynamics of the U.S. dollar, stock indices and futures on them. As well as data on inflation in the U.S., measured by the PCE index, as well as the speech of the head of the Federal Reserve Jerome Powell. News about the accusations against the KuCoin exchange caused concerns and led to a massive outflow of funds from the platform. But it did not have a strong impact on the market either and Bitcoin.
Last week's analysis
On March 25, bitcoin showed a strong growth of 3.97% and closed at $69,880 per coin. This rise occurred after the bulls were able to overcome an important resistance level at $65,430 on Sunday. And that marked the break of the local downtrend.
On March 26, the BTC/USDT pair rose 0.15% to $69,988, hitting an intraday high of $71,561. Buyers took a pause, retreating to $69,280.
March 27 saw increased volatility. The BTC/USDT pair fell 0.74% to $69,469 after a failed attempt to break above $71,769. The price slipped 5% to $68,359, but did not go below this level.
On March 28, the BTC/USDT pair rose 1.89% to $70,780. The price touched $71,500 three times. But it failed to move higher because of the S&P 500 futures drawdown before the close of trading.
On March 29, trading on the BTC/USDT pair ended with a 1.31% decline to $69,850. Despite the buyers' attempts to develop upward dynamics, they failed to hold the gained positions. During the U.S. session, the bitcoin rate fell to $69,000.
As on this day the exchanges of the USA and Europe were closed due to Easter holidays. The cryptocurrency market was deprived of the guidelines set by traditional markets. The pressure on prices could be exerted by the published data on inflation in the United States. As well as the speech of the Chairman of the Federal Reserve Jerome Powell.
By the time the trading closed, the bitcoin price recovered to $69,850. And remaining within a four-day sideways trend with a range of $68,350 - $71,550 (the maximum of the week was $71,769).
U.S. inflation data and a speech by Federal Reserve Chairman Jerome Powell
According to the released figures, inflation in the US, as measured by the change in the price index of personal consumption expenditures (PCE). And rose to 2.5% year-on-year in February. The core PCE price index also showed an increase. These data were in line with expectations. However, they did appear to have put some pressure on the market. As traditional exchanges were down, it was mostly bitcoin that reacted.
Rising inflation and Jerome Powell's words about the need to keep rates high could mean the following. That the Federal Reserve will be cautious about changing rates. Market conditions and new employment data will be key factors for future Fed decisions between April 1 and April 7.
Important events expected this week and possible BTC price changes
This week will be full of publication of important macroeconomic indicators. Therefore, we should expect increased volatility in all markets. On April 3, Jerome Powell will make another speech.
Currently, bitcoin is in a sideways with a range of about 5% or $3450. The technical picture remains on the side of buyers. The only potential negative factor could be the strengthening of the dollar after the long weekend.
Possible technical resistance levels could be $72,650 and $73,800. According to BitRiver estimates, on the sellers' side, $65,800 and $60,800 levels are the targets.
Our experts note that issuers of nine new spot bitcoin-ETFs. Which were launched on January 11, currently own more than 500 thousand BTC worth $35.2 billion at the current exchange rate. The first place by number of coins in the vault is occupied by BlackRock with about 250 thousand BTC. And in second place is Fidelity with about 150k BTC, and the top three is rounded out by Bitwise with 50k BTC. Before the upcoming halving, the demand for bitcoin remains high. And therefore, the support from institutional investors will remain for a long time.
$BTC
#BTC、

Investors are not in a hurry to part with their $BTC at current prices, our experts explain the reasons why
The average value of transactions on the BTC blockchain has decreased significantly from its 2021 peak. And recorded during the bull market. About it writes CoinDesk citing reports from experts.
"There are very few funds moving within the blockchain. And that is a sign of low liquidity and unwillingness of investors to sell their cryptocurrencies." This is also what Blockware Solutions analysts wrote in a newsletter "No one wants to sell," the experts added.
According to data from analytics company Glassnode, the average bitcoin transfer volume over the past two weeks was less than $200,000. In 2021, during the cryptocurrency market bull market, this figure often exceeded $1 million.
Experts attribute the decline in transaction volume to the concentration of spot market trading in exchange-traded funds (ETFs). In addition, other market indicators indicate that the share of bitcoins. Which have not moved online in three to five years, continues to grow. And long-term holders are in no hurry to sell their assets, expecting further growth in the BTC rate.
Prospects for BTC price growth
Our experts note that Blockware analysts predict. That in the coming months the price of bitcoin can grow to six-digit values. And the historical maximum may exceed $150 thousand.
Strong price growth will catalyze a sharp increase in transaction volume. Investors will start taking previously purchased coins to exchanges for sale, increasing the liquidity of supply - according to Blockware analysts.
The low volume of network transactions at the moment indicates that the market lacks sellers. Who are ready to part with cryptocurrency at the current price.
#BTC

Solana has surpassed Bitcoin in growth since the beginning of the year and is second only to the regular cryptocurrency market leaders in terms of cryptocurrency market share
The rate of native blockchain token Solana (SOL) on March 18 reached its highest since December 2021, momentarily reaching $209+ on the Binance exchange when paired with the Tether USD (USDT) stablecoin.
The capitalization of SOL, according to CoinMarketCap, reached an all-time high of $89.4 billion. And that made the token the fourth largest crypto asset after bitcoin (BTC), Ethereum (ETH) and the USDT stablecoin. SOL's previous capitalization high was $77.9 billion in November 2021.
Solana's price has risen more than 100% since the beginning of the year. But the token is trading below its all-time high at $250, reached in November 2021 during the peak of the crypto market.
New Solana Records
On March 18, the SOL token overtook the BNB cryptocurrency from the Binance exchange in terms of capitalization, which had long been ranked fourth in the Coinmarketcap rankings.
Search queries for the word "Solana" reached the index of 100. And that is an absolute record in the five-year history of the cryptocurrency. The previous peak was recorded in early September 2021 - then the value of search activity was 84. Experts attribute the surge of interest in Solana to the SOL price exceeding the $200 mark.
Benjamin Stani, director of business development at Matrixport analytical company, linked the growth of SOL price to active trading of memcoins issued on the Solana blockchain.
Over the weekend, Solana surpassed Ethereum in trading volume due to increased interest in Solana-based memcoins. Trading volume on SOL reached $3.52 billion on March 16, according to data from DefiLlama. And that's $1.1 billion more than the daily trading volume on Ethereum. However, the increase in activity has taken a toll on the network.
Our experts predict the coin to update the historic high, provided the rally in the cryptocurrency market continues. And expansion of the Solana blockchain application ecosystem. $SOL
#Solana🚀 #SOLmemecoins

Kaiko analysts note that the rate at which wallets with balances over $1 million are appearing is still below the previous Bitcoin bull market cycle
As the bitcoin exchange rate rises, an average of about 1,500 new "millionaire wallets" appear every day. And that hold $1 million or more worth of cryptocurrency. However, this figure is still lower than during the 2021 bull market, data provided by analytics platform Kaiko.
Transaction data on cryptocurrency wallets Bitcoin is public. But it is not possible to establish their belonging to a specific owner. Kaiko tools do not take into account the addresses of exchanges and other major crypto services.
The highest number of new wallets containing more than $1 million in bitcoins. And since the beginning of the year - 1,691 - was recorded on March 1. In 2020-2021, more than 4,000 wallets with a balance of about $1 million and more than 2,000 wallets with more than $10 million appeared every day.
In 2021, the crypto market was swept by a wave of retail investors eager to capitalize on the wave of excitement. However, in 2023, large investors behaved more cautiously. And sold their assets as bitcoin hit new highs, Kaiko writes.
Our experts note that the slower pace may also be due to the fact that the inflow of new capital has not yet gained momentum. And investors are storing their assets with trustees rather than in their personal wallets.
$BTC
#Bitcoin(BTC) #TrendingTopic:

A whole list of cryptocurrencies from the memecoins category have risen in price by hundreds of percent over the past month
Bitcoin has risen in price about one and a half times in the last month, so that its price has exceeded $66 thousand. But several well-known cryptocurrencies from the list of memecoins have overtaken the first cryptocurrency in terms of growth rates and brought their investors hundreds of percent of profit.
In the last 24 hours alone, the largest memecoins by capitalization have risen in price by tens of percent, according to CoinMarketCap. Among them, Pepe (PEPE), Bonk (BONK) and DogeCoin (DOGE) were the leaders of growth, adding 60%, 50% and 20% respectively.
Memecoins often grow significantly in value after Bitcoin and Ethereum rallies, and traders redistribute profits into altcoins.
The trigger for the rise in the price of memecoins may have been the soaring price of the PEPE token.
This happened after Binance, the world's leading cryptocurrency exchange, launched a promotion with an opportunity to get PEPE tokens as a reward.
Over the past seven days, PEPE has increased in value by 376%, and over the past month the coin has risen by 632%. The trading volume of the token on exchanges has increased by 100% in the last 24 hours and reached $3 billion.
This time, the growth of memecoins coincided with another wave of popularity of DOGE, which almost doubled in price in one week. The capitalization of the asset reached $24 billion. Dogecoin is in the top ten leaders in terms of market capitalization according to CoinMarketcap.
The Shiba Inu memecoin (SHIB), inspired by the Shiba Inu dog breed, was in the growth leaders, adding 30% in the last 24 hours. A mechanism to reduce the number of tokens in circulation continues to support its price. Earlier this month, the development team announced that more than 643 million SHIB tokens were burned during February.
Despite the risk of high volatility, some large platforms, such as Solana, see memecoins as a way to expand their ecosystem and interact with users.
On March 4, for example, the Bonk memecoin (BONK) rose in price by 56%. Over the past six months, the price of this cryptocurrency has increased by thousands of percent largely due to the integration of the token into the Saga smartphone from Solana developers. And whose owners could claim a free BONK token giveaway.
The current rise in the cryptocurrency's price coincided with the announcement of the BONK token development fund's partnership with Revolut, the largest licensed fintech company. And serving over 38 million customers across Europe. Floki Inu, a meme cryptocurrency inspired by Ilon Musk's dog, has broken into the top ten in terms of growth.
In the last seven days, the price of the FLOKI token has increased by 326%. Floki developers decided to pour oil on the fire by announcing in late February the burning of 2% of the total volume of tokens, which amounts to almost 200 billion FLOKI. Token burning is often considered by analysts as a factor that favors token value. New memcoins launching in late 2023, before the start of a bullish period in the crypto market, are generating notable returns for early investors.
New memecoins launching in late 2023, ahead of a bullish period in the crypto market, are generating notable returns for early investors.
The Solana blockchain-based token WIF has become one of the top altcoins in terms of growth over the past week. And having risen in value by nearly 400%. The growth was largely fueled by the token's addition to leading US brokerage platform Robinhood.
Our experts note that In late February, analytics platform Lokonchain reported on a trader who made almost $1 million on WIF. Back in November 2023, he bought 2.58 million WIF for $310 in the Solana cryptocurrency. On February 27, the price of WIF rose to $0.57, and the value of the coins owned by the trader reached approximately $1.4 million. Thus, his profit from investing in the WIF token was 4500%. $PEPE
#MemeCoinHunt #PEPE‏

The Uniswap proposal involves distributing a portion of the commissions. And which it charges from exchange pool liquidity providers to the UNI token holders involved in managing the protocol
The management token of leading decentralized exchange Uniswap (UNI) rose 70% in just an hour and a half on February 24. And reaching the maximum since April 2022. This happened after the developers suggested sharing the service's revenue with token holders.
The UNI token is the management token of Uniswap, the largest decentralized cryptocurrency exchange by capitalization. Its holders can participate in the management of the protocol through voting on various community proposals. Right now, the UNI token is trading at $10. But trading volumes dropped by more than 50% a day after the initiative appeared. The total value of blockchain assets on Uniswap exceeds $5 billion.
Uniswap Foundation announced a new motivational strategy for UNI token holders. The company plans to distribute commissions from protocol transactions to UNI token holders. And actively participating in the protocol management process. Key parameters related to commissions will continue to be controlled by the Uniswap Foundation itself.
Devin Walsh, executive director of the Uniswap Foundation, said the proposal aims to incentivize active delegation (of votes). And which will lead to the long-term success and sustainability of the protocol.
This isn't the first time the idea itself has been brought up for discussion, but this is the time when it could actually be implemented. According to Blockworks analyst Matt Feibach, it is unlikely that the Uniswap Foundation would have taken such a step without carefully assessing the sentiments of the largest token holders.
The idea of sharing profits with token holders immediately resonated with other projects. Following Uniswap, the Frax Finance protocol team is going to put a proposal to the community to vote on the distribution of the protocol's revenues among the holders of the project's derivative tokens. Following the publication that Frax plans to follow Uniswap's lead, the FXS token reacted with a short-term rise of 16%.
Our experts also note that the founder of the largest NFT platform Blur and the new blockchain ecosystem Blast under the pseudonym Pacman is also interested in the implementation of a user reward mechanism. And like Uniswap: he stated that the Blur community should follow their lead. The Blur token reacted to the publication by growing by more than 10%.
$UNI #UniswapFoundation #UNI

Historical data on market cycles and the value of one of the major technical indicators may indicate further Bitcoin appreciation
Bitcoin could surpass the all-time high of $69,000 by the time of the fourth halving, scheduled for the second half of April. About it writes CoinDesk.
Technical indicators
Based on data from the relative strength index (RSI) indicator, which measures the speed and change in prices, Markus Tillen suggested an acceleration of bitcoin's uptrend.
A week ago, bitcoin's 14-day RSI exceeded the 80 mark for the first time since December. According to 10X Research, 12 out of 14 times in the past when the RSI exceeded the 70 mark. That bitcoin price rose an average of 54% over the next 60 days.
"It's worth noting that the previous time this signal appeared, the bitcoin price was at $48k. When considering an average return of 54% over 60 days, bitcoin could rise to the $74,600 level," noted Markis Tillen of 10X Research.
The bitcoin price is at $52k, as of February 20, which is 25% above the price level at the beginning of the year and 207% above the low reached in November 2022. Bitcoin quotes are just 28% below the all-time high of $69k. And with that, the supply of coins will decrease as a result of the upcoming halving.
The second reason is Market Cyclicality
Our experts note that as previous cycles have shown. Which are related to bitcoin halving, the bottom of bitcoin price often comes 12-16 months before the halving. And then a period of growth follows, both before the event itself and for a year afterward. In the previous three cycles, bitcoin prices rose more than 30% in the eight weeks before the halving.
Based on historical data, bitcoin rises an average of 32% in the 60 days before the halving. "By the time of the halving or even earlier, the value of BTC could be approaching a record high of $69,000," CoinDesk quoted Marcus Tillen as saying.
The assumptions of other cryptocurrency market analysts coincide with the predictions of 10X Research. Analysts of the trading company QCP Capital published a note for investors. And in which they allowed the possibility of BTC exceeding the historical maximum already by the end of March. In their opinion, the price of digital currency will depend on the inflow of funds into exchange-traded funds (ETFs) and accumulation of options to buy bitcoin with strike prices of $60-80 thousand.
According to the calculations of another analytical company - CryptoQuant, the price of the first cryptocurrency can grow to $112 thousand. And if the current trend of inflow of funds into exchange-traded funds ( ETF) for BTC continues.
$BTC
#TrendingTopic #BTC‬