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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! 🏆💰💪

📢 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! 🏆💰💪

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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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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🎉Hello, BTC enthusiasts!🎉 We've got some news from the stablecoin world. Paxos, a leading stablecoin issuer, has reportedly downsized its workforce by 20%, letting go of 65 employees, according to Bloomberg. But wait, there's a twist! 🌀 CEO Charles Cascarilla says this move is strategic, allowing Paxos to seize future opportunities in tokenization and stablecoin sectors. Some services will be phased out to focus on these areas. 🎯 The affected employees aren't left high and dry though. They're being offered three months of subsidized health insurance, 13 weeks of severance pay, and a two-year extension to exercise vested options. 💼💰 Despite the layoffs, Paxos is in a strong financial position, boasting more than $500 million on its balance sheet. This begs the question - why the layoffs? 🤔 In other news, Paxos' UAE arm has launched a new yield-bearing stablecoin, the Lift Dollar (USDL). This coin is designed to pay daily yield generated from its reserves to eligible wallet addresses. 🚀 So, while it's a tough day for some, Paxos seems to be positioning itself for a bright future in the world of stablecoins and tokenization. Stay tuned for more updates! 🌞🌈
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📢📢 Heads up, BTC enthusiasts! UwU Lend protocol, still recovering from a $19.3 million hack on June 10, has been hit again! This time, a whopping $3.7 million has been swiped. 😱 Cyvers, an on-chain data analytics platform, was the first to raise the alarm. The culprits? Seemingly the same bad actors from the June 10 incident. 🕵️‍♂️ The stolen funds, sourced from various asset pools, have already been converted into Ethereum and transferred to the attacker’s address. 🚨 But don't panic just yet! 🚫🔥 Following the initial breach, the UwU Lend team took immediate measures to limit the damage. The protocol was temporarily paused while investigations were conducted into the vulnerabilities exploited by the hackers. In an update on June 12, the UwU team disclosed that they had identified the specific vulnerability related to the sUSDe market oracle and claimed to have resolved it. 🛠️ They've also assured users that no funds have been permanently lost during the incident. Phew! 😅 UwU has been working hard to reimburse its users, with a total of $9,715,288 returned to affected users so far. 👏👏 UwU Lend, a fork of the open-source AAVE v2 protocol, offers its users various decentralized finance services such as lending, borrowing, and staking. One of its unique features includes a revenue-sharing token called UwU. 💰 Stay tuned for more updates, folks! 🚀🌕
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🚀Hey, BTC enthusiasts! In a surprising twist, President Joe Biden's reelection campaign is reportedly considering accepting crypto donations via Coinbase. 🤔This comes in response to rival candidate Donald Trump's endorsement of the industry and acceptance of crypto donations. 🔍Sources say Biden's team is keen to show they're not the enemy of the crypto world. But, wait a minute! 🤨Isn't it the same Biden administration that sued Coinbase for offering unregistered securities? 🎭The irony has the crypto community in stitches. Dan Gambardello, founder of Crypto Capital Venture, commented, "So, they're scrambling to set up crypto donations through Coinbase?" Meanwhile, Ethereum educator Anthony Sassano called it a "Clown world". 🎪Nic Carter, partner at Castle Island Ventures, listed all the actions the Biden administration has taken against crypto, then asked, "And they have the absolute temerity to think we're gonna donate crypto to the campaign?" 🥊On the other side, Donald Trump is strengthening his ties to the industry, using it as leverage over his anti-crypto rival. He declared, "We want all the remaining Bitcoin to be made in the USA." 🎭Indeed, it's a 'Clown World' out there! Stay tuned for more updates on this crypto rollercoaster ride! 🎢
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