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Breaking News: Bitcoin ETFs Smash Records with $488 Million Inflow!
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The US spot Bitcoin ETF market is on fire! A staggering $488 million poured in on June 5, marking the 17th consecutive day of net inflows - a new record!
Fidelity's FBTC led the charge with a massive $221 million inflow, followed closely by BlackRock's IBIT with $155 million. Ark Invest and 21Shares' ARKB added $71 million, while Bitwise's BITB saw $19 million in net inflows. Grayscale's GBTC, VanEck's fund, Invesco, and Galaxy Digital's fund also joined the party with significant inflows!
This unprecedented streak surpasses the previous record set in January and February, with total trading volume reaching $2.09 billion. The momentum is clear - investors are flocking to Bitcoin ETFs! Stay tuned for more updates on this exciting trend!
Arthur Hayes has unstaked 1.55 million #PENDLE tokens, sparking fears of a potential sell-off and increasing tension within the community. Stay tuned for more updates!
Whatโs Happening with Hong Kongโs Crypto ETFs?
Hong Kong's new spot crypto ETFs were expected to be a significant milestone in the city's bid to become a global crypto hub. However, since their launch, they've underperformed, with low trading volumes and net outflows in the initial weeks.
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Will they gain traction, or are they destined to be another disappointment in the world of crypto exchange-traded products?
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Mind-Blowing Returns: $100 Invested in $BONK 9 Months Ago Would Be Worth $19,520 Today! ๐คฏ
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The crypto market is known for its volatility, but this is staggering! If you had invested just $100 in $BONK at its lowest point on October 23rd, 2023, you would have bagged a whopping 571,428,571 tokens!
Fast forward to December 15th, when BONK hit its all-time high of $0.00003416, your investment would have skyrocketed to a staggering $19,520 - a mind-boggling 195x return! ๐
Now, the million-dollar question: which coin will be the next $BONK ? With new projects emerging left and right, it's a challenge to predict. Do you have your eyes on a specific coin for your next investment? Share your thoughts! ๐ฌ
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**If you regret missing the $NOT train early, don't worry! A potential dip to $0.017 or $0.016 is on the horizon. Grab this opportunity to buy and join the smiling gang!**
**While nothing is certain, $0.016 support should hold strong. Keep in mind, this is just my prediction - always do your own research (DYOR) before making a move!**
**BNB's record-breaking surge has unleashed a meme coin frenzy on BSC, with traders flocking to the network! ๐**
**WHY, a relatively new meme coin, has seen a staggering 181% increase in just one day, with 5 major wallets snapping up 14.9 TRILLION tokens worth $1.3 million! ๐คฏ**
**This isn't an isolated incident - meme coins like BONK, WIF, BOME, PEPE, FLOKI, and MEME have been making waves on Solana and Ethereum, with gains of up to 500% in the past month! ๐**
**It seems the first half of 2024 will go down in history as the "Meme Coin Era"! And with BNB's new ATH, Binance Smart Chain is emerging as the go-to destination for traders looking to cash in on the action! ๐ธ**
From Mockery to Dominance: BYD's Stunning Rise to Top EV Manufacturer!
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In a remarkable turnaround, BYD, the Chinese automaker once ridiculed by Elon Musk, has surpassed Tesla as the world's largest electric vehicle seller! ๐
Musk's dismissive laughter and disparaging comments in a 2011 Bloomberg interview have come back to haunt him. "Have you seen their cars?" he sneered, calling BYD's products "unattractive" and their technology "not very strong." ๐คฆ
Fast forward to today, and BYD has proven Musk wrong. With Warren Buffett's backing, the company has developed a revolutionary hybrid powertrain, boasting an impressive 2,100 km range - nearly double the industry standard! ๐
While Tesla still dominates the US market, BYD is gaining ground globally, offering affordable and innovative vehicles that have Tesla playing catch-up. ๐
CNN's analysis reveals BYD's transformation from a small scrap metal producer to a global powerhouse, leaving Musk's skepticism in the dust. The question now is, can Tesla regain its edge? Only time will tell! ๐ฐ๏ธ
A sophisticated hacker infiltrated a Chinese trader's Binance account, stealing a staggering $1 MILLION worth of assets! ๐ธ
The chilling part? The attacker gained control WITHOUT the password or 2FA confirmation! ๐
The victim received ZERO notifications from Binance's security team during the heist. ๐
Experts uncovered the culprit: a malicious Chrome plugin called AggrTrade, which hijacked the user's session using cookies! ๐ช
The real AggrTrade platform sounded the alarm, warning of a fraudulent extension impersonating their brand since 2022, targeting top exchanges like Bitget, Kraken, and Binance! ๐ซ
Stay vigilant, traders! Protect your accounts and beware of suspicious plugins! ๐๐
Notcoin, a GameFi project in the Telegram ecosystem, has made a significant splash in the crypto world! Its price surged from $0.015 to $0.022 in just one day, a whopping 163% increase in a week.
What's driving this growth? Notcoin's play-to-earn model, where users earn 1 Notcoin with every click, has proven irresistible. With features like "turbo mode" to boost earnings, it's no wonder Notcoin has attracted over 35 million users, making it one of the most successful games on Telegram.
Listed on top exchanges like Kucoin and Binance, Notcoin has already broken into CoinMarketCap's top 50 tokens. Its user-friendly design, promise of easy earnings, and backing from Open Network make it an attractive investment opportunity.
Will Notcoin reach $1? The potential is there! Stay tuned for further updates on this crypto sensation!
๐จ "BAD/GOOD NEWS FOR THOSE WHO MISSED OUT ON NOTCOIN** ๐จ
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NOTCOIN ๐ might drop significantly if it breaks below the $0.02 support level. This is great news for those who sold at the $0.029 profit mark ๐. Consider waiting until it dips to $0.0088 before buying back in ๐๐. A potential rally ๐ might occur after it falls below $0.0088.
Yesterday's decreasing NOTCOIN volume ๐ indicates that people are selling to take profits ๐ฐ. Congratulations to those who sold at $0.029 ๐. Remember, this is just my perception, and you are free to hold rather than sell early ๐.
โก๏ธ#MrBeast just hired Jeffrey Housenbold as the new Chief Operating Officer for his holding company.
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Jeffrey, a former managing partner at #SoftBank Vision Fund, backed companies like DoorDash and took Shutterfly public as CEO in 2006. - The Information ๐ซก
Top 3 Cryptocurrencies Under $0.05 for a $100 Portfolio Recommended By Experts ๐ฏ
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1. Smooth Love Potion ($SLP ) - Current Price: $0.0044 per token ๐ธ - Investment: $40 ๐ต - Quantity: Approximately 9,091 SLP tokens ๐๏ธ - Potential: Smooth Love Potion (SLP) is used within the Axie Infinity ecosystem, a popular blockchain-based game. With the game's growing popularity and the rise of non-fungible tokens (NFTs), SLP could see significant growth as more players join and demand for in-game assets increases. ๐๐ฎ
2. Alien Worlds ($TLM) - Current Price: $0.022 per token ๐ฐ - Investment: $40 ๐ต - Quantity: Approximately 1,818 TLM tokens ๐ - Potential: Alien Worlds (TLM) is a blockchain-based gaming metaverse where players mine for in-game resources and compete for virtual land ownership. As blockchain gaming interest grows, TLM could see increased demand due to its unique play-to-earn model and expansive virtual world. ๐ธ๐ฎ
3. SPELL Token ($SPELL) - Current Price: $0.0012 per token ๐ช - Investment: $20 ๐ต - Quantity: Approximately 16,666 SPELL tokens โจ - Potential: SPELL Token is integral to the Spells of Genesis blockchain-based trading card game. Given its low price and the game's growth potential, SPELL offers a chance for significant gains as the project gains traction in the gaming and blockchain communities. ๐๐
4 Altcoins Handpicked By Experts to Potentially Turn $100 into $10,000 This Week ๐๐ฐ
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1. Notcoin (NOT) ๐ก Current Price: $0.02143 ๐ธ Recent Performance: Increased by 200% ๐ Technical Indicators: Trending above 50-day and 200-day SMAs ๐ Price Target: Potential to reach $0.034 ๐ฏ
2. Pepe (PEPE) ๐ธ Recent Performance: Surged by 99% ๐ All-Time High: $0.00001718 ๐ Key Resistance: $0.000016 ๐ Price Target: Potential to reach $0.00005 in the next bullish phase ๐
3. Book of Meme (BOME) ๐ Current Price: $0.013 ๐ต Technical Indicators: Rebounded from 38.2% Fibonacci level ๐ Price Targets: $0.0186 and $0.0248 ๐ฏ
4. Kaspa (KAS) ๐ Recent Performance: Rose from $0.10 to $0.149 ๐ Market Cap: $3.552 billion ๐ฐ Price Targets: $0.19 and $0.22 ๐
Bottom Line Choosing the right altcoins at the right time can maximize returns. Notcoin, Pepe, Book of Meme, and Kaspa are worth watching for potential significant gains. ๐
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Most Investors Should Dedicate a Portion of Their Portfolio to Bitcoin, Suggests Fidelity Executive
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Fidelity Investments' Matt Horne: Add Bitcoin to Your Portfolio!
Matt Horne, a leader in digital asset strategies at Fidelity Investments, encourages investors to consider adding #Bitcoin to their portfolios. This advice comes as institutional interest in Bitcoin and other digital assets continues to grow.
Overcoming Fear and Uncertainty
Many traditional investors are hesitant to invest in Bitcoin due to a lack of understanding and data. Horne believes it's essential to educate oneself on the potential of blockchain technology and why #investing in Bitcoin might be a good idea.
Start Small, Reap Big Rewards
Horne suggests allocating a small portion of your portfolio (1-5%) to Bitcoin. This way, you'll minimize risk if the value of Bitcoin drops to zero, but still benefit from potential gains and use it as an inflationary hedge.
Institutional Interest on the Rise
Horne's advice reflects the growing interest in Bitcoin and cryptocurrencies from institutional investors and fund managers. This interest has surged since the launch of spot Bitcoin exchange-traded funds in the US in January 2024.
According to a recent report, Bitcoin funds saw $148 million in inflows in just one week in May, with total inflows for the month reaching almost $2 billion. Since the start of 2024, Bitcoin funds and exchange-traded products have recorded over $14 billion in inflows.
Investors Remain Bullish on Bitcoin
The #report also noted that Bitcoin investment funds now account for over $74 billion in assets under management globally. This suggests that market sentiment among ETF and ETP investors remains positive for Bitcoin.
Don't miss out on the potential benefits of investing in Bitcoin! #Educate yourself, start small, and consider adding Bitcoin to your portfolio today! $BTC