Whales are buying Bitcoin.
During this process, they are shaking out weak hands, scaring everyone just like in recent days, and taking #Bitcoin from them.
Hold on until the end. Trust the cycle.

#Binance200M

The Binance (BNB) ecosystem has continued to grow against all odds fueled by heightened regulatory scrutiny in major jurisdictions led by the United States. After re-entering the Indian market following improved regulatory reforms, the Binance cryptocurrency exchange announced that it has reached 200 million globally registered users.
Consequently, the Binance ecosystem continues to stamp its web3 dominance, more so outside Western countries.
BNB Bulls Summoned Amid Bearish Sentiments 
As Bitcoin price continues to struggle to rally above $72k, on-chain data shows heightened crypto cash rotation to the altcoin industry. Furthermore, the approval of spot Ether ETFs in Hong Kong and the United States is a clear indication of heightened demand from institutional investors. 
Binance native coin, BNB, price pumped over 200 percent since the beginning of the year to retest its all-time high (ATH) of around $700. However, the large cap-altcoin, with a fully diluted valuation of about $99 billion and a daily average traded volume of around $1.4 billion, has dropped 8 percent to hover around $643 on Monday.

#TopCoinsJune2024

Ethereum has seen a 3% rise in addresses holding more than 10,000 ETH over the last three weeks, indicating increased buying pressure. Ethereum’s current price stabilizes around $3,700 and could aim for $4,000 if it stays above $3,650. According to on-chain data, the community has growing enthusiasm following the SEC’s approval of Ethereum ETFs, and social sentiment stabilizes before trading begins. Analyst Caled Frazen notes that Ethereum’s current price patterns mirror those seen before an 83% rally in 2021. Although there is a modest decline in open interest, this trend may suggest a bullish recovery.

#TopCoinsJune2024

If the Fed successfully lowers inflation and upcoming data remains stable, rapid market increases could be observed. The market, having priced in almost the worst-case scenario, might now begin to see a more optimistic future. Recent data from Farside Investors highlights an influx of $1.7 billion into BTC ETFs over five business days, bringing spot Bitcoin ETF entries to $15.5 billion since launch—surpassing the previous record of $12.7 billion.
QCP Capital notes Bitcoin and Ether may have reached local lows, suggesting potential benefits for risk assets from future Fed actions. This underscores the critical importance of the Fed’s forthcoming meeting and economic data releases for the cryptocurrency market.

#Binance55thProject(IO)

Binance Coin [BNB] and Tron [TRX] have both faced multiple challenges in the crypto space for quite some time. Despite the challenges, the overall interest in both BNB and TRON remained consistent.
Tron and Binance remain on top
Due to the consistent interest in these networks, they outperformed all other protocols in terms of activity. According to recent data, Tron kept its top position in terms of daily active users.
At the time of writing, the Tron network had over 2.1 million users. BNB came in third, with the number of active users on the network at 1.08 million.

#Binance55thProject(IO)

Donald Trump Raises $12 Million In Race For White House
According to Reuters, the event was held at Sacks’ residence in the upscale Pacific Heights neighborhood and raised $12 million for Trump’s presidential campaign. Attendees reported Donald Trump’s declaration of being the “crypto president,” highlighting his support for the cryptocurrency industry.

#Binance55thProject(IO)

In the last seven days, Floki’s [FLOKI] price has increased by 24.79%, triggering different opinions about Floki Inu price prediction. At press time, the token changed hands at $0.00031.
A few days ago, specifically on the 5th of June, FLOKI hit a new All-Time High (ATH)  of $0.00034. However, since that day, the price decreased and in the last 24 hours, has been swinging sideways.
Despite the retracement, AMBCrypto found that several metrics were supporting the bullish Floki Inu price prediction to come to pass. First on the list was the large transactions happening on the Floki network.

#BnbAth

Bitcoin’s price surged past $71,000, driven by $886 million inflows into U.S. spot Bitcoin ETFs and weak U.S. economic data suggesting potential Federal Reserve rate cuts. Analysts hint at the possibility of new highs this week, especially if weak U.S. economic data continues to support the case for rate cuts.
Adding to the excitement, Robert Kiyosaki, the acclaimed author and investment guru, has set a staggering $350,000 Bitcoin price target by August 25, 2024.

#BnbAth

In a recent interview on Fox Business, Ripple CEO Brad Garlinghouse expressed his strong belief in the potential for an XRP exchange-traded fund (ETF), predicting its launch by 2025. His optimism is grounded in the growing interest in diverse crypto investments and the evolving regulatory landscape in the United States.
The conversation with Fox Business reporter Liz Claman provided Garlinghouse an opportunity to discuss the future perspectives of Spot XRP ETFs. Following the approvals for Bitcoin and Ethereum ETFs, Garlinghouse stated that XRP, alongside Solana (SOL) and Cardano (ADA), may be next in line to receive Spot crypto ETFs.
Garlinghouse reiterated his confidence in the future of an XRP ETF, stating that it's "just simply inevitable." He emphasized the significance of offering investors a variety of commodities, including XRP, to trade. This move would provide a competitive alternative to existing ETH and BTC ETFs, as well as those for Solana and Cardano's digital assets.

#btc70k

The investment management firm VanEck recently announced an ambitious Ethereum (ETH) price target of $22,000 by 2030. This comes after the U.S. Securities and Exchange Commission (SEC) approved spot Ethereum Exchange-Traded Funds (ETFs). According to VanEck’s analysis, several factors could drive this potential surge in Ethereum’s price, including positive investor sentiment about the newly approved ETFs, steady improvements in scaling, and insightful on-chain data.
VanEck analysts Matthew Sigel, Patrick Bush, and Denis Zinoviev mentioned that this Ethereum price prediction represents a 487% increase from Ethereum’s current price, indicating a potential compound annual growth rate of 37.8%.

#btc70k

The inflow of spot Bitcoin ETF has recorded a new high of above 253.7K with a jump of 6.9K within the past day. Moreover, it has recorded a jump of 21K in BTCs inflow this week alone. The surge in Bitcoin ETF inflows lately, highlights the increasing adoption of the cross-border payment system. Further, the growing interest in crypto investment vehicles like ETFs is reshaping the landscape.

#btc70k

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).
The CoinDesk 20 declined 1.3% over the past week, with nine of the 20 assets in the gauge slipping more than 4%. The index was helped as its largest component – bitcoin (BTC) – advanced 1.3% and at least briefly broke back above $70,000.

#btc70k

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).
The CoinDesk 20 declined 1.3% over the past week, with nine of the 20 assets in the gauge slipping more than 4%. The index was helped as its largest component – bitcoin (BTC) – advanced 1.3% and at least briefly broke back above $70,000.

#btc70k

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).
The CoinDesk 20 declined 1.3% over the past week, with nine of the 20 assets in the gauge slipping more than 4%. The index was helped as its largest component – bitcoin (BTC) – advanced 1.3% and at least briefly broke back above $70,000.

#FIT21

cryptocurrency market is buzzing with excitement as 2024 sees an incredible bull run. Now, more than ever, strategic investments can lead to massive returns. A lineup of five promising cryptos has been identified for June, each holding strong potential for extraordinary gains. Readers are eager to uncover which assets stand poised to deliver exponential growth. Dive into the analysis to discover these opportunities and get ahead in the market.
CYBRO Gets on Crypto Whale's Radar with Presale of Its Tokens
CYBRO is a new platform designed to help users earn more on the Blast blockchain. Blast is known for offering better returns on Ethereum (ETH) and stablecoins than other similar solutions. CYBRO's main function is to help users take full advantage of this opportunity.

#FIT21

Imagine a future shaped by AI working hand-in-hand with blockchain—it's happening now as these technologies revolutionize the digital landscape. Jimmy Zhao, Senior Solution Architect at BNB Chain, brings a wealth of experience from his previous roles at tech giants like Alibaba, HSBC, Huawei, and IBM, which exposed him to cutting-edge technologies and agile development methodologies, fostering a culture of innovation and collaboration. Mike Ermolaev had a chat with Jimmy about how AI and blockchain technology are blending these days and what this means for the industry in the future. This conversation, powered by GoMining, is part of the ongoing GoCrypto interview series.

#FIT21

Investors have identified two altcoins that are gaining traction in the market. These cryptocurrencies, which have shown significant profit potential with low trading volumes, are particularly noteworthy among lesser-known meme coins. Their rapid emergence and the lucrative opportunities they present often go unnoticed by the majority of investors until it is too late. This month, we focus on two such promising altcoins.
What Is DOG-GO-THE-TO-MOON (DOG)?
DOG-GO-THE-TO-MOON, commonly referred to as DOG, recently reached an all-time high of $0.00962 before falling by about 10% to $0.00879. Despite the typical volatility and profit-taking behavior seen in meme coins, DOG does not exhibit significant risk factors at this moment. The Elder-Ray Index, which measures buying and selling pressure, indicates that the bulls still have control, suggesting that the recent correction may be temporary and the price could potentially climb back to its peak or even higher.

Speaking at the Consensus 2024 conference, Garlinghouse said that Dogecoin, the largest memecoin, has no practical use and does not help the cryptocurrency industry.
Despite its significant market cap of $23.22 billion, Garlinghouse stated that DOGE has no real value but only encourages and thrives on speculation in the crypto sector.
Stating that there is no regulatory clarity for crypto in the USA at this point, Ripple CEO said that the way forward for crypto should focus on solving real problems:

BitPanda, a cryptocurrency exchange, has recently joined forces with Deutsche Bank, the largest bank in Germany. This partnership will grant @bitpanda users in the region access to Deutsche Bank's international bank account number (IBAN) for their #Crypto trading needs.

As a result, users will enjoy real-time processing for all their fiat deposit and withdrawal requests through Deutsche Bank

#pizzaday

With the year 2024, there are many things to look forward to in the crypto industry. After all, the previous year, or at least the second half of the year brought a significant bull run, with several cryptocurrencies either regaining lost ground or outperforming their peak values. There are many questions regarding the upcoming years for the market, with many still wondering if the industry will re-capture the previously achieved heights
The year has also is likely to reinforce and maintain some major developments throughout the crypto and blockchain sectors, including the rise of GameFi and a global interest in crypto regulations. In this article, we will be looking at some of the biggest crypto trends, some of which were established in the year 2023, and of course maintained currently, in 2024. On top of this, we will be making a few predictions about what could dominate the industry over the coming months.