VanEck Files for Solana ETF in US, Following Bitcoin and Ethereum Approvals Solana ETFs could be the next big push after Bitcoin and Ethereum approvals in the United States, as VanEck files for the first attempt.
Bitcoin Mining Profitability Is Near an All-Time Low—Why? The halving and falling Bitcoin prices are squeezing miner revenues, but mining company stocks are still doing well.
GameStop Stock Down as Veteran Trader Slams Roaring Kitty for Stoking 'Envy and Greed' As GameStop dips again, NYSE floor trader Peter Tuchman says social media-savvy traders like Roaring Kitty are misusing their influence.
Nigeria SEC Gives Crypto Firms 30 Days to Register—Or Face Enforcement Action The African nation ranked second on Chainalysis’ Global Crypto Adoption Index last year.
Blast Airdrop Puts $354 Million in the Wallets of Users—So Why Are They Mad? Sky-high expectations for the Blast airdrop appear to have left some DeFi users sorely underwhelmed, despite the free crypto rewards.
📢 Binance has announced measures to address the misuse of account features, aiming to uphold compliance and market integrity.
🕵️♂️ The platform will enhance monitoring and take strict actions against unauthorized access, emphasizing fairness and user protection.
📝 Users also can report misuse incidents for potential rewards, contributing to a transparent trading environment.
Earlier Binance took action against Sybil accounts
🔐 Binance has blocked 297 accounts involved in exploiting the Lista Megadrop event, where individuals used multiple accounts to maximize rewards and consolidate tokens for sale.
😁 Among them is one, the most interesting. He received a drop on 9,000 accounts, transferred all tokens to his main account, and naturally, his accounts were frozen.
In general, the platform identified 102,000 accounts as Sybil accounts during the event. 🥶
Currently, there are 1,010,777 addresses worldwide holding at least 1 whole BTC in balance. Oops, maybe now it's 1,010,776 😄. After 14 years, another miner from the Satoshi era woke up and transferred 50 BTC to Binance.
🔨 He mined 50 coins on July 14, 2010, and has been inactive since. Today, these coins are valued at $3.05 million. The most interesting part is that he paid only a $2 fee! 💪
🚀 The largest validator of the Solana blockchain has become Galaxy, surpassing Coinbase by more than 1.2 million locked SOL. 📲 Meanwhile, the number of Chapter 2 Preorder Token holders (confirming the right to pre-order new Solana crypto phones) has exceeded 140,600!
🌐 43% chance Trump will mention crypto in debate with Biden Based on Polymarket bets, there's a 43% probability that Donald Trump will discuss cryptocurrency and Bitcoin during the presidential debate with Joe Biden ℹ️
The debate will be broadcast live on CNN on June 28 🗓
Increased volatility is expected in "PoliFi" meme coins (TRUMP, TREMP, BODEN, etc.) during this time 📈
⚡️ Satoshi-Era miner moves 50 BTC worth $3M to Binance After 14 years of inactivity since the Satoshi era, a miner has transferred 50 BTC to Binance ✨
This miner originally mined the 50 bitcoins on July 14, 2010, and remained inactive until now. Today, these coins are valued at approximately $3.05 million USD 😎
🌐 Meme tokens are the most profitable sector in crypto for H1 2024 Meme tokens were the most profitable in the crypto industry for the first half of 2024, followed by Real World Assets (RWA) ☄️
This trend shows rising interest in high-volatility investments and the growth of asset-backed tokens 📈
Start minting your Spinners into NFTs on the TON! 🎉 Click here to find SPINNER 👮♂ Here’s what you need to know:
• Eligibility: Mint your Spinner starting at Level 12, anytime between Levels 12 to 20. • Commission: 0.07 TON, covering blockchain fees and infrastructure costs.
🔁 How to Mint?
Head to the NFT Overview section on your Spinner screen, press the “Convert to NFT” button, and confirm the payment.
Remember, minting is optional. Your Spinner remains free, and you can keep earning SPN without turning it into an NFT. However, if you choose to mint, your Spinner will become a full NFT within 24 hours.
📉 In the past three weeks, Bitcoin corrected by around 15%, dropping from $70k to $60k. However, there are signs of a potential local bottom, according CryptoQuant.
🔍 Futures Market:
▪️Open Interest dropped by $3 billion, mainly from long liquidations.
▪️Funding rates for perpetual contracts are near zero, indicating balanced buyer-seller dynamics and a healthier price structure.
💼 Short-Term Holders:
▪️Bitcoin’s price crossed the realized price of short-term holders (STHs) at $62.6k.
▪️STHs are now experiencing slightly negative profitability, a historical support point during uptrends.
📊 Macroeconomic Factors:
▪️U.S. macroeconomic data, including GDP, jobless claims (Thursday), and inflation (PCE) data (Friday), maybe influence market sentiment.
But current trends and data suggest a potential local bottom for Bitcoin.