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🐋 Meme Membeli Paus! Minat terbuka terhadap memecoin terus meningkat seiring dengan harganya, dengan koin PEPE naik 46% dan token WIF naik 30% selama seminggu terakhir. 🗣 Saat ini, empat dari 10 mata uang kripto teratas berdasarkan open interest (OI) adalah memcoin, dengan PEPE memimpin daftarnya. Selain PEPE, Dogecoin, BONK dan Dogwifhat juga berhasil masuk sepuluh besar. Lonjakan Memcoin didorong oleh momentum bullish selama beberapa minggu terakhir karena PEPE mencapai level tertinggi baru, dan WIF menembus $3.30. 🐶 Sementara itu, seekor paus menghabiskan 17,966 SOL, senilai $2.98, untuk membeli 953,177 WIF, membuat harga memcoin naik 15% hari ini. $WIF $PEPE $BONK #wif #pepe #bonk

🐋 Meme Membeli Paus!

Minat terbuka terhadap memecoin terus meningkat seiring dengan harganya, dengan koin PEPE naik 46% dan token WIF naik 30% selama seminggu terakhir.

🗣 Saat ini, empat dari 10 mata uang kripto teratas berdasarkan open interest (OI) adalah memcoin, dengan PEPE memimpin daftarnya. Selain PEPE, Dogecoin, BONK dan Dogwifhat juga berhasil masuk sepuluh besar. Lonjakan Memcoin didorong oleh momentum bullish selama beberapa minggu terakhir karena PEPE mencapai level tertinggi baru, dan WIF menembus $3.30.

🐶 Sementara itu, seekor paus menghabiskan 17,966 SOL, senilai $2.98, untuk membeli 953,177 WIF, membuat harga memcoin naik 15% hari ini.

$WIF $PEPE $BONK #wif #pepe #bonk

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🤔 Bitcoin Has Solid On-Chain Cushion Below $68,900: Stage Set For Fresh Rally? On-chain data shows Bitcoin could have significant support between $66,900 and $68,900, which may help provide solid ground for a fresh surge to higher levels. 🔸 A Large Amount Of Investors Bought Their Bitcoin Between $66,900 & $68,900 According to data from the market intelligence platform IntoTheBlock, BTC is currently floating above a major demand zone. In on-chain analysis, the strength of any support or resistance level is based on how much “demand” was present at it. Below is a chart that shows the various Bitcoin price ranges near the current spot value and how they compare in terms of the total amount of the asset the investors purchased. Here, the size of the dot correlates to the total number of tokens that were last acquired at the corresponding price range. It would appear that, out of these zones, the levels between $66,900 and $68,900 currently host the cost basis of the greatest amount of BTC. More than two million addresses have acquired 1.1 million BTC inside this range. Since the current BTC spot price is above these levels, all investors who buy there will make slight profits. Investor cost basis is important in the on-chain analysis because the level has special psychological significance. A potential retest of it can result in a flip of the profit-loss balance for the holder. As such, investors may be prone to making some moves when a retest like this takes place. A holder carrying losses before the retest (that is, the retest is happening from below) may be tempted to sell for fear that the price will go down in the future. On the other hand, an investor in the green before the retest may have reason to believe the price would go up again and, thus. When retests of price ranges thick with investors, one of these reactions may arise on a scale that could be relevant for the wider market, therefore, major demand zones below can act as support points, while those above can act as resistance blocks. $BTC #BTC #Bitcoin
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🔥 CEO of This Altcoin Named Member of CFTC’s Subcommittee Aptos (APT) ecosystem CEO Mo Shaikh was named to the CFTC's digital assets subcommittee. The CFTC's digital assets subcommittee is part of a larger committee made up of industry representatives who advise the agency on regulation and rulemaking. Other members include executives from BlackRock, BNY Mellon and Uniswap Labs. $APT #APTOS
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🚀 Holders Believe in Bitcoin Growth Over the course of 3 months, BTC has been consolidating in the range of $60-72 thousand, which is classic price behavior, after active growth of more than 200%, however, the latest data indicates the active accumulation of BTC by long-term investors. 🐙 Glassnode reports that at the end of May, 50,000 BTC were withdrawn from Kraken alone, worth $3.44 billion. Also, according to Glassnode, the activity ratio showed an impressive drop from 9% to -3%, indicating a trend towards long-term storage of BTC. 🔼 Today BTC broke through $70 thousand, at the moment the price is trading below this level, as investors are looking forward to labor market data , which will be published on 06/07. $BTC #BTC #Bitcoin
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🔥 Arbitrum (ARB) Faces Potential $1 Price Drop as Investors Sell Arbitrum (ARB) price is at risk of falling due to its failure to break a critical resistance level. Whether the price drops further depends on whether investors decide to sell for profit or hold onto their investments. Arbitrum (ARB) price is currently vulnerable to a correction despite overall positive market signals. This vulnerability stems from ARB’s inability to surpass a crucial resistance level. The extent of any potential decline largely depends on whether investors choose to take profits. If investors refrain from selling off their holdings, it could prevent further price drops for ARB. 🔸 ARB Investors Positioned to Influence Price Amid Favorable Selling Conditions Arbitrum (ARB) faces potential price fluctuations driven by investor actions in the near future. The Market Value to Realized Value (MVRV) ratio, currently at 10% over 30 days, indicates profitable conditions that may prompt selling activities. Historically, ARB corrections typically occur when the MVRV ranges between 7% and 23%, marking this range as a critical zone for potential market shifts. Moreover, the Global In/Out of the Money (GIOM) indicator suggests that 1.64 billion ARB tokens, valued at over $1.8 billion, are approaching profitability. Purchased within the $1.06 to $1.16 range, ARB’s current price of $1.13 is nearing the threshold where these holdings will yield profits. 🔸 Arbitrum (ARB) Faces Critical Support and Resistance Levels Arbitrum (ARB) is currently trading at $1.13, encountering resistance at $1.26 after failing to surpass this level. The altcoin has found support at $1.10, a level that has proven resilient in previous tests. Maintaining above $1.10 could signal potential for recovery, while a drop below it could indicate bearish sentiment ahead. Considering the current market dynamics, there is a possibility of ARB declining below the $1.10 support level. Further selling pressure may push it down to $0.97, potentially jeopardizing ARB’s position above $1.00. $ARB #ARB #Arbitrum
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Former Binance CEO CZ Begins 4-Month Prison Sentence in California Binance founder Changpeng “CZ” Zhao has reported to a federal prison in California where he will spend the next four months for failing to implement an adequate know-your-customer (KYC) program at the world's largest cryptocurrency exchange. Zhao, a Canadian national, pleaded guilty to violating the Bank Secrecy Act (BSA) in November. In April, a federal judge sentenced CZ to four months in prison – a much shorter sentence than the three years federal prosecutors requested, but more than other crypto executives like former BitMex CEO Arthur Hayes received for the same crime. At a net worth of $36.5 billion, according to the Bloomberg Billionaires Index, Zhao is believed to be the richest person to ever go to prison in the U.S. In addition to his sentence, Zhao was also fined $50 million and agreed to step down as Binance’s CEO. Binance, which pleaded guilty to money laundering and sanctions violations at the same time as Zhao, settled the charges earlier this year with $4.3 billion in fines to various federal regulators and the appointment of an independent compliance monitor. Lompac II, where Zhao will serve his short sentence as inmate 88087-510, is a low-security prison in Santa Barbara County, on California’s central coast. According to the Bureau of Prisons’ records, there are currently 2,160 inmates at the facility. The conditions at the prison – where some inmates work on an adjacent farm, growing produce and working with cows and horses – are in stark contrast to the notoriously dangerous facility where former FTX CEO Sam Bankman-Fried, who got a 25-year prison sentence earlier this year, is currently being held in New York. #CZ #Changpeng
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