News and Opinions You Might Have Missed

✔️ Panic Below $38,000
Peter Schiff (President of Euro Pacific Capital Inc., a brokerage firm) commented on the current BTC situation:
"I estimate that at $54,000, more than 70% of those who bought Bitcoin ETFs are losing money. When Bitcoin trades below $38,000, 100% of Bitcoin ETF buyers will be losing money. That's when I expect real selling to start, as most speculators in crypto ETFs will give up for good."

✔️ Symbiotic Leads ETH Restaking
Symbiotic's TVL tripled to $1 billion within 24 hours after increasing deposit limits.

✔️ Justin Sun (Founder of Tron) Tries to Make a Splash with Statement on Buying All BTC from German Government
Nothing to comment here, let him buy everything from Mt. Gox.

✔️ Hamster Kombat Hits 240 Million Users
The project also has plenty of multi-accounts. It's surprising how the market is filled with clickers.

✔️ Here's the Channel Forming on BTC Daily Charts👆
#Bitcoin #etf #hamsterkombat #MTGOX

$BTC ✅ Bitcoin price has returned to $56k. Is the decline over or is it just a bounce? Share your thoughts in the comments 😮

Friday news:

✔️ Scam exchange Mt. Gox confirmed the start of compensation payments, which may take up to 3 months for full repayment.

✔️ Trading close: The price of Grayscale Ethereum Trust exceeded the spot market rate for the first time since November 2021 🪙

✔️ Research: Governments worldwide have confiscated $17.8 billion in cryptocurrencies, with $12 billion held by the US.

✔️ The US will face a power shortage in 2 years if the current development of data centers for AI continues 💀
#Bitcoin #binance #AI #MTGOX

$BTC ❤️ The drop in #BTC started immediately after Mt Gox transferred 47,229 BTC ($2.71 billion) to an unknown address.

#Bitcoin momentarily fell to $53,485.
#MTGOX

$BTC ✅ Bitcoin briefly dropped below $57k, and only 20% of our subscribers believe the correction is over 😜

Thursday News:

✔️ L2 blockchain Mantle has launched the "Metamorphosis" campaign with a future COOK governance token airdrop.

✔️ Bitwise has filed an amended S-1 form for an Ethereum ETF.

✔️ Bloomberg: S&P and Scope warned about the risk of rising national debt in the US and all G7 countries.

✔️ German authorities sent another 1,300 BTC to crypto exchanges. They have 40,359 BTC left on their balance.

✔️ The scam exchange Mt Gox conducted test cryptocurrency transactions in preparation for compensation payouts.

✔️ Research: Daily revenue for BTC miners has dropped from $79 million to $29 million. Capitulation is underway with coin sell-offs and equipment shutdowns 🫥

✔️ The MiniPay crypto wallet for the Opera Mini browser has added support for USDT and USDC.

✔️ A BTC wallet woke up after 12 years of inactivity and transferred 119 BTC to another address.
#Bitcoin #etf #USDC #USDT

☄️ Will $BTC drop to $40,000?

The founder of investment firm Mechanism Capital and trader Andrew Kang does not rule out a deeper correction for Bitcoin, citing the dynamics of 2021 when a quick correction was followed by an equally rapid rise to ATH.

As a reference point, he mentioned the $40,000 level and emphasized that the bull market in this cycle has not yet seen "extreme crashes."
#Bitcoin #BTC☀️

⚡️The exchange Kraken is considering the use of nuclear energy to power its AI centers and data centers.
#AI #kraken

✅ The guys at Bitfinex believe that Bitcoin's growth is hindered by hodlers selling and taking profits again 🥇

Tuesday News:

✔️ Forecast: Standard Chartered analysts remain optimistic, expecting a new ATH for Bitcoin in August, and $100k in the fall.

✔️ The US Treasury has adopted tax rules for cryptocurrencies, which will be fully implemented by 2026 🗽

✔️ Tesla shares are up 8% after the company reported better-than-expected deliveries in Q2.

✔️ Media: Rating agency Morningstar calculated that over 10 years, Cathy Wood's Ark Invest fund has destroyed $14 billion in wealth.

✔️ More gold needed: Polkadot's treasury has $245 million left, having spent $87 million since the beginning of the year.

✔️ Hackers stole 33 TB of personal data from clients of Evolve Bank & Trust, which services Bitfinex and other crypto companies 🥵

✔️ Robinhood has acquired the AI platform Pluto Capital, and clients will soon receive more AI features for trading.#Bitcoin #Ethereum

🔽 A $BTC whale dumped the Bitcoin price — analysts tracked a whale who deposited 1,800 BTC to Binance last night, causing the Bitcoin price to drop from $63.8K to $62.9K.

Over the past five days, this whale has transferred 3,481 BTC to the exchange. There are still 7,867 BTC left in their wallet.
#BTC #Bitcoin

$ETH 🐳 An ETH whale who participated in the Ethereum ICO transferred 7,000 ETH ($24 million) to Kraken today.

In 2015, he received 254,900 ETH when the price of one ether was $0.311. He currently has 40,000 ETH ($139 million) left.
#etf #Ethereum #whale

#Bitcoin #etf Friday News:

✔️ The SEC has sued the MetaMask wallet developer ConsenSys and the staking protocols Lido DAO and Rocket Pool.

✔️ Another one: 21Shares has filed an application with the SEC for a Solana ETF.

✔️ MetaTrace has announced the transition of its web platform Trace Quest to a Telegram bot for access to all features in one place.

✔️ The Financial Action Task Force (FATF) has removed Turkey from its "grey list."

✔️ Reuters: iPhone shipments to China have increased by 40% following significant discounts.

✔️ CryptoQuant analysts report a decline in cryptocurrency sales by miners.

✔️ Warren Buffett has donated $5.3 billion worth of Berkshire Hathaway shares to charity.

✔️ Research: In Q2 of this year, hackers and scammers stole $572.7 million in cryptocurrency.

✔️ Coinbase is expanding its partnership with the payment service Stripe to promote USDC.
#coinbase #MetaTrace

$BTC 🧡 For the seventh consecutive day, investors have been withdrawing money from American Bitcoin ETFs, with a net outflow of $1.1 billion.

The average breakeven level for ETF funds is $58,000, so analysts believe this level could become strong support for BTC.
#etf #BTC #Bitcoin

$BTC 🍟 #Bitcoin has formed a rare pattern on the chart — this means it's time for crypto enthusiasts to get back to regular work 😅

$BTC $SOL ✅ Everyone rushed: last week, institutional investors withdrew $584 million from crypto funds.

Today, BTC fell below $60k, prices we haven't seen since May 3rd 🙃

Monday news:

✔️ The scam exchange Mt Gox will start reimbursing client funds in July

✔️ Rumors: Solana might be under investigation 👀

✔️ The 14th EU sanctions package against Russia includes a ban on working with any crypto services related to the Russian military industry

✔️ Pavel Durov posted an advertisement for the TapSwap app on his channel

✔️ Tether stopped issuing USDT on the EOS and Algorand networks

✔️ A whale lost $4.63 million on the WIF meme in just two unsuccessful trades

✔️ TON network users faced mass phishing attacks

✔️ A trader lost $11 million in cryptocurrency to a phishing scam ☠️

✔️ Japanese company Metaplanet will issue $6.3 million in bonds to buy BTC
#Bitcoin #TON #solana #WIF

$BTC , what the hell is this?🤯🤯🤯

$WIF Whale lost $4.63 million on the WIF meme coin 😭

He bought the "dog in a hat" twice and exited both times at a loss, with total losses amounting to $4.63 million.

The market shaves everyone, even whales. It's just that for them, a zeroed deposit doesn't mean their last money 😇
#binance #WIF

$BTC 📉 BTC falls below $62,000

The market "rejoiced" at the news from Mt. Gox.#Bitcoin #binance #MTGOX

$SOL $BTC ✅ Over the week, the BTC price has hardly changed, still hovering around $64k.

Meanwhile, the S&P 500 reached 5,500 for the first time in its history 🤑

Weekly Digest:

✔️ BlackRock, VanEck, Grayscale, and other companies updated their S-1 forms for a spot ETH ETF

✔️ Since the beginning of June, miners have sold 30,000 BTC ($2 billion), a record for the past 12 months

✔️ The Notcoin team announced the completion of the claim process, now having 11.5 million holders of NOT

🔪 The LayerZero team introduced the Proof-of-Donation claim mechanism: for each 1 ZRO you need to pay $0.1 in USDC, USDT, or ETH 😡

✔️ An application for a Solana-based ETF was filed in Canada

🏦 Crypto Exchanges

✔️ HODL: BTC reserves on crypto exchanges have reached a 3-year low

✔️ Binance added support for USDT on the TON network

✔️ Berkshire Hathaway increased its stake in Occidental Petroleum to 29% by purchasing more shares

⚖️ Regulation

✔️ The SEC has ended its investigation into Ethereum and no longer considers it a security 🎉

✔️ Fortune: The CFTC is investigating the market maker Jump Crypto

✔️ European crypto exchanges are starting to delist stablecoins (USDT, DAI, TUSD, etc.) due to the impending MiCA regulations

✔️ China is using AI for military simulations, with AI acting as the commander of the Chinese army

🚨 Hacks

✔️ The Turkish crypto exchange BtcTurk was hacked for $54 million
#binance #binance #solana #hacking

$BTC ✅ Bitcoin is back at $65k, but at least altcoins weren't heavily sold today 🕯

Thursday's news:

✔️ OKX Wallet was recognized as the best in the world for cybersecurity according to the smart contract auditor CertiK

✔️ Fortune: CFTC is investigating the market maker Jump Crypto 😮

✔️ The People's Bank of China kept the one-year loan prime rate at 3.45%

✔️ MicroStrategy bought 11,931 BTC for $785 million, now holding 226,331 BTC on their balance sheet

✔️ HODL: BTC reserves on crypto exchanges have reached a 3-year low

✔️ Research: K33 Research considers Telegram a machine for cryptocurrency adoption

✔️ The BNB Chain network underwent the BEP 336 hard fork, reducing fees for L2 solutions by 90%

✔️ OpenAI co-founder Ilya Sutskever has launched his own AI company

✔️ The LayerZero team introduced the Proof-of-Donation claim mechanism: for each 1 ZRO you need to pay $0.1 in USDC, USDT, or ETH 😮

✔️ Binance will resume operations in India after paying a $2.2 million fine

✔️ The Swiss National Bank lowered the rate by 0.25% to 1.25%
#binance #Bitcoin #etf #defi

$BTC 🇩🇪 Today, the German government transferred another 200 BTC ($13.1 million) to the Coinbase exchange.
#Bitcoin #BTC☀ #coinbase

Proof-of-Greed: Claiming 1 ZRO costs $0.1 😄

The LayerZero team has introduced a new token claiming mechanism called Proof-of-Donation, where you need to send $0.1 in USDC, USDT, or ETH to the developers for each 1 ZRO token.

So, first you have to spend time and money to get into the drop, and then you have to pay for the tokens. Couldn't they have just done a presale?

On the listing, ZRO is going for $4, so people will definitely donate to get the tokens, but the team will be remembered for this...
#ZRO #Ethereum #LayerZero