The 55th project listed on Binance Launchpool was IO.NET (IO).

Leading cryptocurrency exchange Binance announced that its users can farm IO tokens by staking BNB and FDUSD. Binance will list IO after the farming period ends.

Farming period will start on June 7 and end on June 11 at 02:59 (UTC). #Binance will list IO token with the following trading pairs on June 12

🔸️IO/BTC
🔸️IO/USDT
🔸️IO/BNB
🔸️IO/FDUSD
🔸️ IO/TRY

#IO.NET , formerly known as ANTBIT, is a decentralized network that brings together GPUs in crypto miners, data centers, and decentralized storage providers, providing virtually unlimited computing power for AI and machine learning applications.

🧙‍♂️ Batch Inference and Model Presentation: Used to speed up the process of making inferences on incoming data sets.

🧙‍♂️ Parallel Training: Offers the ability to perform parallel processing by overcoming CPU/GPU memory limitations in model training.

🧙‍♂️ Parallel Hyperparameter Tuning: Optimizes hyperparameter tuning experiments.

🧙‍♂️ Reinforcement Learning: Supports production-grade, highly distributed RL workloads.

IO.NET collaborates with dedicated GPU providers and various partners to provide advanced GPU access for AI, machine learning, and gaming workloads. These business partners include companies such as Aethir, Exabits, Hiveon, Aurory.
#Binance55thProject(IO) #IOLAUNCHPOOL #IO

🧙‍♂️ Major token unlocks happening next week.

Biden Administration to Join Historic Bitcoin Roundtable After Trump Supports BTC.
The #Biden Administration will meet with key Congressional officials at a Bitcoin and blockchain roundtable that could signal a shift in federal policy toward digital asset innovations. The event, planned to be held in Washington, D.C. in early July, is organized by California Representative Ro Khanna and aims to support Bitcoin and blockchain technological developments in America.
A private email obtained by #Bitcoin Magazine reveals that the Biden Administration, members of the House of Representatives and the Senate, and well-known entrepreneur Mark Cuban will attend the meeting. This meeting is described as the most important dialogue between policymakers and blockchain industry leaders and underscores the importance of this initiative.
This historic meeting comes on the heels of former President Donald Trump's strong advocacy for the Bitcoin industry. Trump announced that he supports Bitcoin Lightning payments in campaign donations and will end Biden's hostile stance towards the crypto industry. By backing #Bitcoin and promising to encourage its growth in America, Trump adds significant political weight to the ongoing dialogue regarding cryptocurrency regulations.
The Biden Administration has previously taken a strict approach towards cryptocurrency regulations. Like vetoing legislation that would allow regulated financial institutions to hold Bitcoin and other cryptocurrencies. Additionally, in April, the Department of Justice arrested the founders and CEO of Samourai wallet, a leading #Bitcoin mixing service, on money laundering charges.
The anticipated roundtable meeting between the Biden Administration and Congressional officials could be an important moment for cryptocurrency regulation in the United States. This meeting aims to ensure the development of Bitcoin and blockchain innovations on American soil by addressing the needs and potential of the sector.

Tether CEO: USDT's Critical Role in Increasing US Dollar Demand Amid Economic Instability.

Tether CEO Paolo Ardoino, in a post on X, emphasized the critical role of Dollar-backed stablecoins such as USDT in the US economy. Ardoino stated that USDT is an important tool in increasing the demand for US Dollars on a global scale and is of great importance in a period of economic instability.

USDT as Protection Against Inflation and Currency Depreciation
Ardoino explained that USDT being backed by the US Dollar offers a stable investment tool for those who want to avoid the traps of inflation and currency depreciation. By keeping its value pegged to the Dollar, #USDT provides a reliable hedge for investors seeking consistency amid economic fluctuations.
Tether CEO emphasized the huge impact of USDT, citing a Wall Street Journal article discussing USDT's impact on American public debt. With over 300 million users worldwide, USDT is becoming synonymous with the term “digital dollar”.

Ardoino stated that Tether is now among the top three global buyers of short-term US Treasury bills and in the top 20 worldwide. This purchasing power reflects Tether's increasing influence in the global financial ecosystem and its ability to influence economic trends.

In a related discussion, Ardoino highlighted that among more than 14,000 digital assets, Bitcoin stands out as the only truly decentralized cryptocurrency. “#Bitcoin is the only example of an immutable currency governed entirely by mathematics,” he said.
Ardoino's predictions reveal the growing importance of USDT on both the local and global economic scene. Investors benefit from its stability and inflation protection properties, while its significant presence in US Treasury bonds reinforces Tether's global financial influence. Moreover, these statements, which underline the difference between Bitcoin and other cryptocurrencies, reaffirm the qualities that make #Bitcoin stand out as a decentralized financial instrument.

💫 Top DeFi coins by 30 days development activity.

😎 Important Developments of the Next Week 😎

Monday, June 17

- 15:30 Retail Sales in the #USA will be announced. (Expectation: 0.3%)

Wednesday, June 19

- US stock markets will be closed for a holiday.

Thursday, June 20

- The first spot #Bitcoin ETF will begin trading on the Australian stock exchange.

🔓 Token Unlocks

June 17: $16 million $APE
June 17: $20 million $GRT
June 18: $13 million $MANTA
June 19: $19 million $PIXEL
June 21: $AVAX $286 million
June 22: $43 million $ID
June 23: $9 million $FIDA

🧙‍♂️ We wish you happy, healthy and peaceful holidays with your loved ones 🫶

Crypto expert attracted attention with his Ethereum comment.

Bloomberg analyst Eric Balchunas expects spot Ether (ETH) exchange-traded funds (ETFs) to begin trading in the US in July.

Balchunas updated his prediction for the start of spot Ether ETF transactions and stated his prediction as July 2. The crypto expert noted that U.S. Securities and Exchange Commission (SEC) staff sent comments to issuers on S-1 filings and detected them without major problems. . 

He said the SEC wants a response within a week, suggesting there's a good chance the ETFs will be declared valid next week, potentially before the "holiday weekend."

On June 13, SEC Chairman Gary Gensler provided some clarity about ETH ETFs during his testimony to Senator Bill Hagerty.

Gensler stated that he expects S-1 filings for spot Ethereum ETFs to be approved by the end of the summer.  This statement reinforced the belief that approval will likely occur within the next few months, although there may be some delays. Balchunas also noted that spot Ethereum ETF issuers are awaiting feedback from the SEC's Division of Corporate Finance (Corp Fin) on the S-1 filings they filed two weeks ago.

Explaining that this delay was due to Corp Fin reviewing these documents for the first time, he underlined that this unexpected situation was due to a possible last-minute political change within the SEC, which also surprised Corp Fin. Balchunas also emphasized that there is uncertainty about how quickly Corp Fin can prioritize and process applications. 

Some observers think that #Ethereum ETFs may not attract as much attention as #Bitcoin (BTC) ETFs because they do not offer staking services.

🇩🇪 T-Mobile, a subsidiary of Germany-based telecommunications provider Deutsche Telekom, announced that it will start mining Bitcoin soon.

Analyst: “The situation in Ethereum is worse than Bitcoin! ETH Urgently Needs to Break This Level to Rise!”

As Bitcoin and altcoins continue to trend downward despite incoming positive economic data, analysts are predicting a deeper Bitcoin (BTC) price correction in the coming weeks due to selling from miners and general profit-taking.

Speaking to Coindesk, FxPro senior market analyst Alex Kuptsikevich stated that there is a new wave of strengthening of the dollar and increasing demand for stocks, “The demand for risky assets is gradually decreasing, which causes Bitcoin to fall.”  said.

“Bitcoin continues to test the strength of the 50-day moving average, but fails to find sufficient reason to move lower.

“Such persistent testing of the lows sets the bears up for quick success towards their next target of $60,000.”

Japanese crypto exchange BitBank analysts also evaluated #BTC movements. Pointing to miners for the decline in BTC, analysts said, "Bitcoin's potential to rise remains limited due to miners' demand for cash and sales. "Since May, the net position of Bitcoin miners (BTC in – BTC out) has been gradually decreasing, indicating that the Bitcoin network's operations have tightened after the halving in April."  said.

“From a technical perspective, both Bitcoin and Ethereum are trending downwards, but #ETH looks worse than BTC.

If ETH does not regain the $3,700 level soon, we may see more downside in the coming days and weeks.

“$67,000 remains the critical level for #BTC , but my long-term bullish expectation continues.”$
$BTC $ETH

Binance Will Support New Artificial Intelligence Altcoin: Listing Date Announced!

Binance, the world's largest cryptocurrency exchange, announced that it will support the merger of 3 artificial intelligence altcoins.

In the announcement made by Binance on June 14, it was stated that it will support the merger of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) projects as #ASI .

In the announcement, it was noted that deposits and withdrawals of FET, OCEAN and AGIX will be suspended as of July 7 at 06.30 CET.

Binance will make a separate announcement after the event is completed to notify users when ASI deposits and withdrawals will be opened.

Once the ASI conversion process is completed, deposits and withdrawals of #FET , #OCEAN and #AGIX tokens will not be supported.

Conversion rates revealed

Within the scope of Binance conversion;

1 FET = 1 ASI;

1 OCEAN = 0.433226 ASI;

1 AGIX = 0.433350 ASI,

It will calculate based on the rates and the balances of users who have assets in the stock exchange will be automatically converted to ASI. At this point, users will not need to take any extra action.

Binance will delist and cease trading on all spot trading pairs for FET, OCEAN and AGIX as of June 7 at 06:00 UTC. In this context, AGIX/BTC, AGIX/FDUSD, AGIX/TRY, AGIX/USDT, FET/BNB, FET/BTC, FET/BRL, FET/FDUSD, FET/TRY, FET/USDC, FET/USDT, OCEAN/BNB, OCEAN/BTC, OCEAN/TRY, OCEAN/USDT trading pairs will not be accessible.

All positions on FETUSDT, OCEANUSDT and AGIXUSDT USDT futures will be automatically closed as of 25.06.2024 at 12:00 CEST.
$FET $AGIX $OCEAN

Mogul'a gelen başka bir projeye kısa bir bakış!

Daha fazla ayrıntı Pazartesi günü gelecek…

Trump Supports Bitcoin Despite Price Drop, Promises Crypto-Friendly Policies.

During his presidency, Donald Trump was highly critical of cryptocurrencies. But his current campaign reflects a significant shift in perspective. Trump has expressed his vision of making the United States a global leader in cryptocurrency, which includes accepting crypto donations for his campaign. By standing against President Biden's policies, Trump promises to strongly support digital assets, marking a clear departure from his previous views.

This change does not just remain in discourse. Trump's commitment covers a comprehensive approach that includes creating favorable regulatory frameworks for digital currencies. According to his team, encouraging innovation in the crypto space will be critical for economic growth and competitive advantage. However, critics question the feasibility and consistency of these promises given Trump's past anti-crypto stance. Still, the former president's pivot could lead to significant regulatory changes and impact broader market sentiment.

Amid Trump's pro-crypto statements, Bitcoin (BTC) has experienced notable fluctuations. The price dynamics of Bitcoin, which recently dropped to $65,000 and is currently stabilizing around $66,000, have attracted great attention. The cryptocurrency experienced a decline of 0.88% in the last 24 hours and its market cap remained stable at approximately $1.3 trillion. Trading volume falling to $27.2 billion may indicate a possible decrease in panic selling.

A decline in trading volume may indicate the market is moving into a stabilization phase as it adjusts to recent movements. Investors are watching these trends closely, and some see the price decline as a potential buying opportunity for long-term investments. The prospect of positive regulatory change under crypto-backed governance could further influence investor behavior and add a layer of strategic speculation to market activities.

What's the Status of Bitcoin and Altcoins: Market Overview (June 15)
At the time of writing, Bitcoin is traded at $66,162, down 1.1%, and at 2,176,911 TL against the Turkish lira.
Ethereum (ETH) increased by 0.8% to 3.547, BNB (BNB) increased by 0.4% to 607, Ripple (XRP) decreased by 0.1% to 0.478, Dogecoin (DOGE) decreased by 4.3% to 0.136, Toncoin (TON) by 2%. .6 up to 8.04, Solana (SOL) down by 2.3% to around $144.
In the last 24-hour period, Notcoin (NOT) was the altcoin that increased the most with an increase of 7.4%, while Arweave (AR) was the altcoin that decreased the most in price with a decrease of 11%.
Notcoin (NOT) is trading at $0.0197 while Arweave (AR) is trading at $28.4.
Dollar index (DXY) is at 105.5.
While the market value of Bitcoin is around 1.3 trillion dollars, the total value of the cryptocurrency market is around 2.54 trillion dollars.
The 24-hour cryptocurrency market volume is around 84 billion dollars.
Dollar/TL parity is at 32.72 with an increase of 1.4%, and Euro/TL parity is at 35.04 with an increase of 0.47%.
While $215 million was liquidated from the cryptocurrency market in the last 24-hour period, more than 74 thousand cryptocurrency investors were affected by this situation.
While 81.05% of the liquidated positions were long positions, the most liquidations took place in Bitcoin (BTC).

#DonaldTrump said that #JoeBiden will end his war against crypto and ensure that the future of crypto and #Bitcoin is made in America.

The amount of BNB in ​​CZ's portfolio was astounding!

Former #Binance CEO Changpeng Zhao (CZ) reportedly owns 64 percent of the circulating supply of BNB (94 million tokens).
The Forbes report revealed that CZ holds a very large portion of the BNB circulating supply. According to forensic analysis conducted by Gray Wolf Analytics and the financial institution, 80 million BNB was allocated to the Binance founding team and the company currently controls 46 million of these original tokens.

The report also stated that #Binance and #CZ jointly hold 71 percent of the 147 million BNB in ​​circulation. Zhao's 90 percent stake in Binance and the value of his crypto assets make him the 24th richest person in the world, with an estimated net worth of $61 billion.

BNB is the native token used for fees and rewards on the Binance exchange. The maximum supply of the utility token is 200 million and there is more than 153 million #BNB circulating in the market.

The current market value of BNB, at $593 per token, is over $91 billion. BNB has been enjoying a bull run, more than doubling from a low of around $290 in January 2024 to a high of $724 in June.
$BNB

⛏️ Bitcoin miners' assets fell 0.33% after the halving in April to 1.81 million BTC, the lowest level since 2010.

Bitcoin ETF Sees Huge $200M Outflow Amid Price Surge.

The US Spot Bitcoin ETF is going through a rough patch, with an outflow of nearly $200 million in just one day on June 14. Fidelity's FBTC led this move, experiencing an outflow of $80.1 million, while Grayscale's #GBTC followed with a withdrawal of $52.3 million.

This sharp decline in funds occurred at a time when Bitcoin's price was already facing high volatility. Expert analysts have expressed concern, pointing out that this phenomenon could be a harbinger of broader market instability. They emphasize that these #ETF outflows indicate a shift in market sentiment and investor confidence may be declining.

Going forward, the focus lies on Bitcoin's ability to maintain critical support levels. Despite recent bullish indicators, #Bitcoin has struggled to hold steady at these levels and has fluctuated around the important threshold. Leading market analyst Ali Martinez stated that $66,254 is critical; He stated that if this level cannot be maintained, Bitcoin may fall to $ 61,000 or lower.

Over the last 24 hours, Bitcoin's price fell slightly, trading at $66,242.59, down 1.01%. Transaction volumes also decreased slightly during this period. However, #Bitcoin Futures Open Interest has made a modest recovery in the last four hours despite experiencing a large decline over the past day. These movements highlight the ongoing volatility shaping Bitcoin's current market landscape.

Recent fund withdrawals from US Spot #Bitcoin ETFs have highlighted growing concerns about Bitcoin's price stability. With Fidelity and Grayscale experiencing significant withdrawals, the market has entered a period of increasing uncertainty. Investors and analysts will closely monitor Bitcoin's ability to sustain critical support levels to assess future price movements. While the market digests these developments, Bitcoin's road map requires caution along with cautious optimism.
$BTC $ETH $BNB

XRP Whale Accumulated 27 Million Coins from Binance During Price Drop, Pointing to a Possible Rise.

In an interesting development, blockchain tracker data revealed that an XRP whale purchased 27 million tokens from Binance, with a total value of $13 million. This accumulation occurred as prices fell to $0.47, fueling the whale's optimistic views on the future of XRP.

Whale's wallet address, rarG6FaeYh…gFsPn2bZKk, presents a pattern showing significant purchases of #XRP when prices drop. This led analysts to infer that the whale was expecting a price increase. In particular, he is known to collect a significant amount of XRP when the price drops below $0.50. This strategic build-up reflects strong confidence in the potential revival of the asset.

According to the latest data, #XRP prices are fluctuating around $0.47. Despite the whale's massive holdings, overall market trends impacted short-term performance. Despite this, on-chain data points to increased investor interest, with meaningful growth in futures open positions and derivatives volumes observed. This trend indicates that although the market is cautious, there is an underlying optimism about the long-term movement of XRP.

The #XRP whale's recent activities reflect some investors' confidence in the asset's future performance. This large accumulation during price declines emphasizes the belief in possible price increases. Although the market is currently in the red, the whale's movements serve as a positive indicator to other investors and encourage cautious optimism for XRP's price forecast.
$BTC

Cryptocurrency market overview | 15 June

🔴 Market cap: $2.42 trillion (-1.17%)
🔴 BTC dominance: 54.03% (-0.12%)
⚡️ Fear and Greed Index: 74 (greed)