XRP Ledger (XRPL) recently reached a major milestone as the amount of XRP locked in automated market maker (AMM) pools surpassed 10 million, according to XRP Scan. 📈 While the current total has dropped slightly to 9.6 million XRP, this development marks a big moment for the XRPL ecosystem. 🌐

Since their launch in late March, AMM pools have grown significantly, with the amount of locked XRP increasing from 325,983 tokens to nearly 10 million. 🚀 These tokens are spread across 593 pools, with new pools being added on a regular basis. 🏊‍♂️

Leading the pack is the Magnetic token pool (MAG), which has 3,602,530 XRP locked. 🔒 Close behind is the xGO pool, which holds 921,270 XRP. 💼 Interestingly, the third largest pool, with 651,269 XRP, is associated with CRYPTO, a blackholed account that cannot sign transactions or issue new tokens. 🕳️ The increase in XRP locked in AMM pools reflects growing interest in decentralized exchanges within the community. 🌍 Powered by smart contracts, AMMs play a critical role in providing liquidity and enabling the seamless exchange of assets based on mathematical formulas. 📊

This milestone demonstrates strong investor confidence and underscores the growing decentralized financial ecosystem on XRP Ledger. 💪 As XRPL continues to evolve and innovate, the use of AMM pools is expected to support efficient and decentralized trading mechanisms for XRP and other assets such as Magnetic. 🔄$BTC $XRP #BinanceTournament #CryptoTradingGuide #MicroStrategy #CertiKvsKraken #LayerZero

**Plans to Launch More Games on Shibarium 🎮**

Speaking in an interview with The Shib Daily, Angel, the pseudonymous game lead of Shiba Inu Games, noted that the team hopes to demonstrate the benefits of Shibarium to players and developers via the upcoming Shiba Eternity blockchain-powered game. 📢

Angel confirmed that integrating Shibarium would enhance players’ experience, offering seamless gameplay with high scalability at minimal costs. 💸

In addition to Shiba Eternity, Angel hinted at the potential launch of more games on the L2 scaling solution. According to her, these gaming projects will connect developers, gamers, and creators within Shibarium. 🌐

In response, Mazrael, Shiba Eternity Advisor, suggested that Shiba Eternity’s tradable cards and other features will be available in the early part of Q3 2024. Interestingly, Mazrael hinted at the imminent launch of Shiba Eternity on Shibarium. 🃏

**Shiba Eternity Beta Launch Slated for Q3 2024 🗓️**

This development comes a few hours after the team revealed the date for Shiba Eternity’s closed beta testing. As reported earlier, Shiba Eternity closed beta testing will commence on Shibarium in Q3 2024. 🧪

The closed beta testing involves test-running all features of the game to allow developers identify and resolve any glitches. Afterwards, the team will open beta testing to the public before launching the game on Shibarium mainnet. 🌐#BinanceTournament #CryptoTradingGuide #MicroStrategy #CertiKvsKraken #LayerZero $USDC $SHIB

🌍🚀 **Terra Classic Plans To Burn Billion of USTC** 🔥💰

🌐💡 The Terra Luna Classic community plans to burn USTC and LUNC in the Terraform Labs (TFL) and Luna Foundation Guard (LFG) wallets. This action aims to reduce the circulating supply of these tokens amidst the Terra-Luna death spiral. 🔥📉

⚖️💼 As Terraform Labs and Do Kwon settled with the U.S. Securities and Exchange Commission (SEC) for $4.5 billion, the LUNC community is focused on burning the tokens. TFL CEO Chris Amani mentioned, “TFL was always intended to dissolve at some point.” The company is winding down operations completely after filing for bankruptcy. 📉💸

🔍📊 Terra Luna Classic members have identified some TFL and LFG wallets that the community can burn as the company dissolves assets. However, some are curious about how the community will monitor and ensure USTC and LUNC burns are effective. 🤔🔥

📈🚀 **LUNC and USTC Prices To Rally After Big Burn** 💵📉

🔮📉 The Terra Classic community anticipates a significant rally in LUNC and USTC prices after the big burn. However, the burn isn’t likely to bring any significant price action immediately. 📊📉

📉💵 LUNC price continues to move sideways, currently trading at $0.00009102. The 24-hour low and high are $0.00008956 and $0.00009237, respectively. Moreover, trading volume has decreased by 13% in the last 24 hours, indicating a lack of interest among traders in this downturn. 📉🔻

📈💡 Meanwhile, USTC price saw some signs of recovery as the community plans for the burn. The price is currently at $0.01864, with trading volume dropping by 15%. 📊🔻#BinanceTournament #CryptoTradingGuide #MicroStrategy #CertiKvsKraken #LayerZero

🔥 Ongoing SHIB Burn Campaign 🔥
Many Shiba Inu community members believe reducing the cryptocurrency’s hefty circulating supply could potentially increase the value of the remaining tokens. Consequently, they have resorted to sending huge amounts of SHIB to the official dead wallet, permanently removing the tokens from circulation. 💸🔥

🐕 Shiba Inu, which launched with a total supply of 1 quadrillion tokens, now has only 583.31 trillion SHIB in circulation. The community and Ethereum co-founder Vitalik Buterin have burned a combined 410,727,009,502,240 (410.72 trillion) SHIB. While Buterin burned 410 trillion SHIB in 2021, the Shiba Inu community has destroyed over 72 billion SHIB since inception. 🔥🚀

📊 Data from Shibburn confirms that 37,534,163 (37.53 million) were sent to the dead wallet over the past day, boosting the asset’s burn rate to 529.72%. However, the 37.53 million SHIB destroyed in the past day is only a fraction of the token’s hefty circulating supply. 🔥📈

🤔 Will Binance Support SHIB Burns Like LUNC? 🏦
Meanwhile, Binance is not new to supporting a token’s burn initiative. Recall that the exchange launched an initiative to burn LUNC using 50% of the token’s spot and margin trading fees. The move marks the exchange’s contribution to making victims of the Terra ecosystem collapse whole. 💸🔥

📅 As of May 1, Binance’s total LUNC burns hit a whopping 58.93 billion, valued at $5.6 million at the time. It remains to be seen how the Shiba Inu community hopes to burn SHIB via these top exchanges. 📈💰

🚀 Notably, getting Binance and Coinbase to contribute to the burn campaign could drastically reduce Shiba Inu’s circulating supply and potentially bolster the token’s value in the long run. 📉🔥#BinanceTournament #CryptoTradingGuide #MicroStrategy #CertiKvsKraken #LayerZero

**XRP Price Dips Again 📉**
XRP price attempted a fresh increase above the $0.4950 resistance zone. It even spiked above the $0.50 resistance but there was no real bullish momentum. A high was formed at $0.5019 and the price started a fresh decline like Bitcoin. 📊

There was a move below the $0.4980 and $0.4950 levels. There was a break below a short-term rising channel with support at $0.4920 on the hourly chart of the XRP/USD pair. The pair even traded below the 50% Fib retracement level of the upward move from the $0.4765 swing low to the $0.5019 high. 📉

The price is now trading below $0.4950 and the 100-hourly Simple Moving Average. The bulls seem to be active near the $0.4850 support and the 61.8% Fib retracement level of the upward move from the $0.4765 swing low to the $0.5019 high. 📈

If there is a fresh increase, the price might face hurdles near the $0.4950 level. The first major resistance is near the $0.50 and $0.5020 levels. A clear move above the $0.5020 resistance might send the price toward the $0.5150 resistance. 🚀

**More Losses? 📉**
If XRP fails to clear the $0.50 resistance zone, it could continue to move down. Initial support on the downside is near the $0.4850 level. 📉

The next major support is at $0.4765. If there is a downside break and a close below the $0.4765 level, the price might gain bearish momentum. In the stated case, the price could even trade below the $0.4540 low in the near term. 🛑

**Technical Indicators 🛠️**
Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. 📉

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. 📉

Major Support Levels – $0.4850 and $0.4765. 📉

Major Resistance Levels – $0.5020 and $0.5150 🚀#Megadrop #BinanceTournament #CertiKvsKraken #LayerZero #BTCFOMCWatch $XRP

Here are Some Risk Management Tips For You👇
💰 Do not put all of your money into one cryptocurrency.
📈 Diversify your investments over numerous respectable coins, including Bitcoin, Ethereum, and others.
⚖️ Diversification can help you reduce risk while increasing your chances of profiting from the rise of numerous assets.
🌱 Consider investing a portion of your wealth in emerging projects with excellent fundamentals.
💡 This method can help you maximize your potential earnings while reducing your exposure to market volatility.
🛡️ Diversifying creates a more balanced portfolio that can withstand market volatility.
#BinanceTournament #ETHETFsApproved #altcoins #BTC #BitcoinTherapist

Price is entering a buying zone, with support around the $9.7 - $8.8 range. 💰

🔥 It's crucial to watch the lower Fibonacci support level at 78.6% and the one-to-one level. 📉

These are important levels to keep an eye on and be ready for potential market movements. Good luck! 🚀#BinanceTournament #BTCFOMCWatch #CPIAlert #TopCoinsJune2024 #ETHETFsApproved

🚨 Caution: Refrain from Investing June 12-13 Due to Key Economic Events 🚨
🚨 Heads up, investors! 🚨
It's essential to stay informed about economic news that may heavily influence your investment strategies. On June 12th, the US Core Consumer Price Index (CPI) and Consumer Price Index (CPI) reports will reveal important inflation data.
But wait, there's more! On June 13th, get ready for the Federal Funds Interest Rate announcement, the Federal Open Market Committee (FOMC) Economic Forecast, and the FOMC Statement. To wrap it up, there will be an FOMC press conference for additional details.
These events can trigger significant market fluctuations, so it's prudent to be cautious and avoid making impulsive investment moves. Knowledge is key! Stay updated and make informed decisions to safeguard your investments.#IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #FIT21

$NOT is doing NOThing 🤫👇

Analysts are saying NOT might be forming a "falling wedge" pattern on the 4-hour TF 📉. This could mean a price jump of up to 50% in the short term 📈...but only if the price breaks out of the wedge upwards 🙊.

Stay tuned! We'll keep an eye on NOT 👀. Remember, crypto can be volatile, so buckle up! 🚀 DYOR! #notcoin #altcoins 💹#TopCoinsJune2024 #ETHETFsApproved #Binance200M

$APT has successfully found support at $7.5 and is now progressing 📈. If the current upward trend continues, the price may reach $17.4 🚀. In case it weakens, the next support level would be $6.8 📉. Expecting $BTC to stay green too! 💚 The previous rally resulted in a 270% increase 📊.#Binance200M #TopCoinsJune2024 #ETHETFsApproved #altcoins #BlackRock

Binance Unveils New Token IO.NET on Its Launchpool Platform
Binance, a leading global cryptocurrency exchange, has officially announced the addition of IO.NET (IO), a decentralized AI computing and cloud platform, to its Binance Launchpool. This marks the platform’s 55th project, allowing users to stake BNB and FDUSD to farm IO tokens. Starting June 7, 2024, at 00:00 UTC, Binance users can stake their BNB and FDUSD in separate pools to earn IO tokens over four days. This initiative is part of Binance’s ongoing efforts to bring innovative projects and rewarding opportunities to its user base.

IO.NET introduces a total genesis token supply of 500 million IO, with a maximum supply cap set at 800 million IO. For the Launchpool, 20 million IO tokens (equivalent to 4% of the total initial supply) will be distributed as rewards to participants.

The Launchpool will require participants to complete KYC verification, adhering to Binance’s security and regulatory compliance standards. The staking caps are set at 17,708.33 IO for the BNB pool and 3,125 IO for the FDUSD pool, calculated hourly.

Supported Pools and Rewards Distribution
The farming period is scheduled from June 7 to June 10, 2024, with daily rewards distributed across the BNB and FDUSD pools. Users can claim these rewards directly to their spot accounts anytime during the event. Following the staking period, Binance will list the IO token on June 11, 2024, at noon UTC. The trading pairs available at launch include IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY.

The Binance BNB Vault and Locked Products will integrate with the Launchpool, allowing users who have staked BNB in these products to participate and receive new token rewards automatically. This integration ensures users enjoy seamless benefits while engaging with multiple Binance services.

Due to varying local rules and regulations, participation in the Launchpool is subject to eligibility based on the user’s country or region of residence. #Binance200M #TopCoinsJune2024 #ETHETFsApproved #BlackRock #BnbAth

Following the farming period, Binance will list IO at 12:00 UTC on June 11, 2024, and open trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs.

Key Details

Token Name: IO.NET (IO)
Total Token Supply at Genesis: 500,000,000 IO
Max Token Supply: 800,000,000 IO
Launchpool Token Rewards: 20,000,000 IO (4% of total token supply at Genesis)
Initial Circulating Supply: 95,000,000 IO (19% of total token supply at Genesis)
Smart Contract Details: Solana
Staking Terms: KYC required
Read more about how to get IO – here.

Terms & Conditions

Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour. Tokens can only be staked in one pool at a time. Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately. Binance BNB Vault and Locked Products will support the Launchpool.

Users who have staked their BNB in BNB Vault and Locked Products will automatically participate in the Launchpool and receive new token rewards. Participation in Launchpool is subject to eligibility based on the user’s country or region of residence. Please refer to the instructions on the Launchpool page.

About IO.NET (IO)
IO.NET is a decentralized AI computing & cloud platform that aggregates GPU supply from underutilized sources to create a network for machine learning startups to access computing power at a reduced cost.
#Binance200M #TopCoinsJune2024 #ETHETFsApproved #Metaverse #BnbAth

Binance says users will be able to stake BNB and the stablecoin First Digital USD (FDUSD) into separate pools to farm IO tokens over four days starting on June 7th. IO will then be listed on June 11th.

According to io.net, it is creating an enterprise-grade decentralized computing network that allows machine learning engineers to access distributed cloud clusters at a lower cost.

The aim is to address the challenges of relying on traditional cloud service providers that have 2.5x less capacity than the estimated market demand, which causes problems such as high costs, limited choices and longer waiting times to access hardware with cloud services.

Reads the io.net website,

“We believe that compute is this generation’s “digital oil,” powering a never-before-seen technological industrial revolution. Our vision is to build IO to be the currency of compute, powering an ecosystem of products and services that enable access to compute as a resource and as an asset.”

Binance says it will attach a seed tag to IO, which indicates that the token has higher volatility and risks than other crypto assets listed on its platform.
#Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #Metaverse

#ETHETFsApproved 🗝️ How to find Your Binance Pay ID: A Unique Key to Receiving Cryptocurrency! 🗝️

🌐 In Binance, your Pay ID is a distinctive identifier that enables you to receive cryptocurrency from other Binance accounts. Generated through the Binance Pay feature, it's easily accessible on both the website and mobile app. 📱

💻 Here's how to find your Pay ID on Binance Web:
1️⃣ Hover over your Profile Icon 🖱️
2️⃣ Click on "Dashboard" 🗂️
3️⃣ Select "Finance" and then click on "Binance Pay" 💰

📲 On the Binance Mobile App:
1️⃣ Switch to Binance Pro 📊
2️⃣ Tap on the "Binance Pay Icon" or "Profile Icon" 📱
3️⃣ Tap on "Pay" to view your Pay ID 💳

🚀 Unlock the convenience of Binance Pay and start receiving cryptocurrency with ease! 🌟
#Binance200M #TopCoinsJune2024 #BTC #BlackRocks

io net (IO) on #Binance Launchpool

Crypto exchange Binance announced the 55th project on Binance Launchpool - io net (IO)

Users will be able to stake their BNB and FDUSD in separate pools for IO token farming for 4 days starting June 7, 00:00 (UTC).

Supported pools:

- BNB$BNB pool: 17 million IO (85%);

- FDUSD$FDUSD pool: 3 million IO (15%).

The IO listing is expected on June 11.
#Launchpool
#IONET
#BNBAnalysis #TopCoinsJune2024 #ETHETFsApproved

Most altcoins will see a rise during this crypto cycle, but it's crucial to focus on undervalued coins. 🌟📈

Why? Because that's where significant gains are found. 💰📊

Here's how to identify these undervalued gems that will reach new all-time highs. 💎🚀

Consider these four factors: 📝

✅ **Sector**: The sector should be trending and large enough to generate profits. Look for areas like AI, gaming, and privacy, which have substantial potential and are gaining momentum. 🧠🎮🔒

✅ **Competition**: Analyze the competition. If a competitor is valued much higher while your coin is performing better, it's undervalued and poised for growth. 🏆📉

✅ **Users**: High user engagement indicates real demand and adds value, as described by Metcalfe's Law, which states that a network's value grows exponentially with the number of users. 📈👥

✅ **Development Activity**: Continuous development shows commitment and potential for future growth. 🔧🚀

By focusing on these factors, you can discover coins with 10x potential. This is an opportunity to achieve significant financial gains. 💸💹

Follow me as I share my new 10x list. 📜🔟 #BitEagleNews #BullRun #StartInvestingInCrypto #ETHETFsApproved #BinanceLaunchpool

Table of Contents
Edward Snowden delivers iconic Bitcoin line as Berkshire Hathaway falls 99.97%
Australian spot Bitcoin ETF goes live, here's why it stands out
SHIB skyrockets 10,990% in this key metric after recent SHIB team warning
Cover image via U.Today
U.Today has prepared the top three news stories over the past day.

Edward Snowden delivers iconic Bitcoin line as Berkshire Hathaway falls 99.97%
On Monday, June 3, the New York Stock Exchange was shaken by a technical issue, which resulted in the A-class shares of Warren Buffet's Berkshire Hathaway appearing to be down by almost 100%. The malfunction led to trading halts in those shares, as well as in Barrick Gold and Nuscale Power. Even though the glitch was quickly fixed and all three stocks resumed trading the same day, the incident did not go unnoticed by the crypto community, with many digital asset enthusiasts taking to social media to remind Warren Buffett of his Bitcoin criticism. Particularly, the businessman called BTC a “gambling asset” with zero value. However, as was noted by many crypto community members, the top crypto has never witnessed such a dramatic drop, unlike Berkshire Hathaway stock. Joining the army of commentators was Edward Snowden, the infamous whistleblower and advocate for privacy rights; in his X post, Snowden delivered the iconic Bitcoin line "Bitcoin fixes this," potentially implying that he sees the asset as a solution to various technical vulnerabilities.#BnbAth #StartInvestingInCrypto #ETHETFsApproved #FIT21 #Write2Earn!

for more information follow me
$NOT
click and collect free BnB 🎁💵💰 Update on NOT$NOT (Notcoin): A Rise to $0.04 Looks Imminent
NOT$NOT (Notcoin) is showing strong potential for a rise to $0.04. The coin is forming a flag pattern, which suggests a likely continuation of its upward trend, provided Bitcoin (BTC) remains stable.
Follow me for more analysis. We're in this together!
#ETHETFsApproved #StartInvestingInCrypto #ETHETFsApproved #BinanceLaunchpool #MicroStrategy

Ethereum Founder Vitalik Buterin Retweeted a Tweet About Terra (LUNA)! 📉 LUNA Price Reacts 📉

Ethereum founder Vitalik Buterin retweeted a tweet shared before the Terra (LUNA) crash in 2022, arguing that LUNA enemies are generally from the Ethereum community. 🌐

So, Buterin implied that the Ethereum community was right about the token in question with the LUNA collapse. ✔️

The post in question that Buterin retweeted belonged to Ansem, a cryptocurrency influencer who is currently gaining popularity again. 📈 Ansem is one of the names that promote dogwifhat (WIF), one of the recently emerged memecoins. 🐕‍🦺

In his post shared on January 10, 2022, Ansem shared a message defending LUNA. In May of the same year, the Terra ecosystem suffered a major collapse, triggering a chain of bankruptcies in the cryptocurrency world. 🌍💥

After Vitalik Buterin retweeted the tweet in question, there was a decrease in the price of LUNA. 📉 At the time of writing this article, LUNA is trading at $0.6553, with a decline of approximately 8% in the last 24 hours. 📉🕒
#ETHETFsApproved #BinanceLaunchpool
$LUNA #LUNA #VitalikButerin 🚀

Share to Win is back with BIGGER rewards where verified users may participate to unlock over 100 USDT in rewards. 🎉💰
Activity Period: 2024-05-23 09:00 (UTC) to 2024-06-06 09:00 (UTC) 🗓️⏰
Activity 1: Share Binance Square Links With Your Referrals to Get up to 100 USDT in Crypto Red Packet 🔗🎁
You and a friend can unlock up to 2USDT in red packet when your friend clicks into any Square content links that you share! 👯‍♂️💸
Enjoy BIGGER rewards when you send it to a friend new to Binance! 🆕🤑
Activity 2: New Users Exclusive - Sign up With Binance & Complete Tasks to Earn extra up to 5.5 USDT in Rewards ✨🔐
1. Open any ten unique Binance Square links while being logged in to your Binance account. 🔓🔗
2. Complete a trade of at least $100 equivalent on Spot, Futures, Margin, Options, or Convert. 💵📈
This Activity may not be available in your region. 🚫🌍
The rewards for both Activities are distributed on a first come, first-served basis, with limited redemptions available. 🏃‍♂️💨
#Megadrop #MtGox #StartInvestingInCrypto #altcoins $BTC #ETHETFsApproved