👉What's LISTA Coin? Will Lista DAO hit $1?

New cryptocurrency initiatives and technologies are continuously appearing. Lista DAO and its cryptocurrency LISTA Coin have a unique niche in the DeFi ecosystem.

⭐What are Lista Coin and DAO?

Lista DAO, a BNB Chain liquidity mechanism, lets users collateralize crypto assets and borrow the decentralized stablecoin lisUSD to make money. Lista DAO extends MakerDAO to enable collateralized borrowing and yield farming (liquidity mining).

This protocol employs LISTA and lisUSD tokens. LISTA, a governance token, allows protocol decision-making, whereas lisUSD is a stablecoin. Users may vote on key protocol choices using LISTA tokens.

🔥Predict LISTA Coin Price

The price of LISTA Coin is $0.7972. Demand helped LISTA Coin enter the market quickly and get notice. The Binance Megadrop gave numerous people LISTA tokens, spreading the token. Experts estimate LISTA Coin's first market worth was $150 million. After a short-term decline, prices should rebound by roughly 100% in 2-4 weeks. In this circumstance, LISTA Coin should hit $1.5 soon.

With protocol acceptance and DeFi ecosystem expansion, the price is projected to rise over time. LISTA Coin may rise if this project gains popularity.

🚀Interesting Lista DAO Features

Lista DAO solves stablecoin protocol issues creatively. It balances completely collateralized and algorithmic models with liquidity staking, MakerDAO, and DEX liquidity pools. This reduces fiat-backed stablecoin freezes and algorithmic model price instability. CDP helps people utilize their assets more effectively.

💪The Future of Lista DAO

Lista DAO seeks long-term DeFi ecosystem participation. The system uses PoS incentives and return-generating assets to promote the lisUSD destablecoin. It wants to improve liquidity, support new assets, and interface with other blockchain ecosystems. Community-driven ecosystem development is enabled by LISTA governance token holders voting on protocol updates.

#ListaNewEra #DAO $LISTA @ListaDAO

#FOMO for #SOL and #AVAX precede impending corrections caused by fear of missing out

In the last day, SOL and AVAX have both seen price increases of around 8%.

There may be a price correction for SOL, according to Santiment's statistics, which implies that FOMO is the main driver of its price surge.

Santiment data shows that AVAX's ascent was unaffected by FOMO, hence its price may keep going up.

Thursday saw a little rebound throughout the cryptocurrency market, which led to a 9% rally in Solana (SOL) and a 7% rally in Avalanche (AVAX). Nevertheless, according to Santiment data, SOL's surge may be attributed mostly to FOMO, but AVAX has not been much impacted by this fear on its price.

With the cryptocurrency market on the mend, AVAX and SOL are seeing massive price increases.
Santiment recently shared crucial data in an X post that might explain why SOL and AVAX prices have been rising and why they may be subject to adjustments.

After seeing important market-moving news on Thursday, Santiment's social volume data indicates that FOMO was the primary cause for SOL's increase, with both tokens jumping roughly 8%. Since fear of missing out (FOMO) probably drove the current demand, the data also implies that SOL could undergo a correction shortly.

There may have been a recent price increase in SOL due to VanEck's S-1 application for a Solana ETF. One possible explanation for its ascent is that GSR has gone long on SOL, praising its "superior technology" and stating that it "continues to distance itself from the pack."

Also on Thursday, AVAX price soared by 8% without any help from social traffic or fear of missing out. Santiment data shows that AVAX may be able to maintain its price gain as it rallied without seeing an increase in social volume or fear of missing out.

Contrasting dynamics in the cryptocurrency market are shown by the two price surges, which demonstrate the role of psychology on price rises.

$SOL

Ripple investors surrender for ninth day as XRP falls below $0.47

Thursday was the ninth straight day of XRP token losses for Ripple investors.

Santiment data shows traders lost $41 million since June 18.

In the previous week, XRP has lost nearly 5% to $0.47.

Ripple (XRP) retains the recent fall at $0.47 Thursday. On-chain data suggests that whales holding 1 million to 10 million XRP distributed their tokens at a loss after the price drop.

The graphic below illustrates that XRP investors lost almost $41 million between June 18 and June 27 based on Santiment on-chain data.

The negative spikes in Network Realized Profit/oLss illustrate XRP traders' nine-day losses. Capitulation occurs when traders consistently lose.
NPL

Different XRP investors responded differently to the price drop. Wallet addresses with 10,000–100,000 XRP tokens and 100,000–1 million coins bought the dip.

Investors with 1–10 million XRP divided their shares at a loss. This phase usually involves capitulation before asset price recovery, as seen in the chart below.
Ripple

Distribution of XRP

In the absence of an SEC vs. Ripple litigation update, traders are analyzing Bitcoin price movements to predict XRP's direction.

In the last week, XRP has dropped roughly 5% to $0.47.
Technical analysis: Ripple losses may extend 3.5%.
Ripple is falling, hovering at $0.47 on Thursday. If the slide continues, XRP may hit $0.4508, the June 7 low. If the cryptocurrency recovers, XRP might fill the Fair Value Gap between $0.4731 and $0.4710 before falling again.

The MACD indicator confirms the bearish thesis with the signal line above the MACD line and the red histogram bars beneath the neutral line. Price momentum is negative for Ripple.

Ripple's close over the Fair Value Gap between $0.4825 and $0.4841 might undermine the bearish argument and propel XRP above $0.4955 barrier.

#XRP #Ripple $XRP

German and US Governments Sell Bitcoin, El Salvador Holds

Following a US-German government development, Bitcoin (BTC) and the crypto market may fall further. On-chain data implies both governments are selling a lot of BTC.

US Government Sends Coinbase Prime $240 Million In Bitcoin
Arkham Intelligence said on X (previously Twitter) that the US government transferred Coinbase Prime 3,940 BTC ($240 million). This has generated concerns that the government may sell these crypto tokens, which would put further pressure on the main coin.

Arkham said this BTC was seized from drugs trafficker Banmeet Singh during his trial earlier this year. Singh sold narcotics on the Silk Road, a dark web network from which the US authorities confiscated a lot of Bitcoin.

The US government has sold some Silk Road BTC, which put pressure on the flagship coin. March saw their latest sale of 9,861 BTC ($216 million). They have not confirmed the sale of the 3,940 BTC transferred to Coinbase, suggesting it has not been sold.

Other than the US government, others want to dump on the market. Arkham Intelligence reports that the German government sent 125 BTC ($7.71 million) apiece to Kraken and Bitstamp. They just sent 400 BTC ($24 million) to Kraken and Coinbase. The German government sent 1,000 BTC to an unknown address (139Po), maybe another crypto exchange.

Given Bitcoin's current selling pressure, the US and German governments' possible sales are more concerning. Bitcoinist said that BTC miners sold 30,000 BTC ($2 billion) this month, leading to the crypto's enormous drop since the month started.

A Different Government Holds
El Salvador is keeping its Bitcoin assets while the US and other governments sell them. El Salvador embraced Bitcoin as legal cash in September 2021 and started a '1 Bitcoin a day campaign' in November 2022, buying 1 BTC daily.

Arkham Intelligence reveals they have 5,794 BTC ($351.82 million) and followed this strategy. Foreign investments and mining have helped El Salvador accumulate.

#Elsalvador #ABD #Germany $BTC

VanEck files US Solana ETF

After Bitcoin ETFs were approved in January, VanEck filed to establish a Solana spot ETF in the US.
The asset manager calls Solana "a commodity, like Bitcoin or Ether."
Solana rises almost 10% after the filing.

Following Van Eck's registration of the first Solana ETF in the US, Solana (SOL) rose 8.2% on Thursday.

The firm's head of digital assets research, Matthew Sigel, tweeted the decision alongside an S-1 registration form for an investment trust with the US Securities and Exchange Commission.

Van Eck, who filed the first Ethereum ETF in 2021, may mark a trend as spot Bitcoin and Ethereum ETFs may lead to other US crypto ETFs. The SEC formerly classified SOL as a security.

“SOL’s decentralized nature, high utility, and economic feasibility align with other established digital commodities, reinforcing our belief that SOL may be a valuable commodity with use cases for investors, builders, and entrepreneurs looking for alternatives to the duopoly app stores,” Sigel said.

Solana rose 8.2% Thursday to $147.96.

ETF announcement enhances Solana pricing outlook.
Solana pricing burst out of a falling channel pattern on Tuesday, surging 8.2% on Thursday to $147.96 after Van Eck filed the first Solana ETF. Swing lows and highs from June 6–25 revealed this channel pattern.

SOL might climb 14% to retest its weekly resistance level at $172.93 if it closes over $151.79, its June 17 daily high.

The daily RSI is rising from an oversold state and trying to break above 50. However, the Awesome Oscillator (AO) remains below mean zero. If bulls are making a return, both momentum indicators must stay over neutrality. This would boost the rebound rally.

#Solana #Sol #ETF $SOL

🔥Why Research Companies have a tremendous chance to benefit from Decentralized Physical Infrastructure Networks (DePIN)

As the year 2024 approaches, the blockchain and the actual world are becoming more intertwined. This is because people all over the world have come to the realization that blockchain technology has the power to propel civilization ahead and that it has the potential to transform a wide range of sectors via the implementation of decentralized and distributed concepts.

It is necessary to do research in order to accomplish the desired results and make use of resources that are underused on a global scale. The study in question, on the other hand, requires a substantial amount of computer power and data storage, both of which have been shown to be expensive obstacles in the way of R&D's ambition to make progress.

🔥The DePIN is the key to the door

A marketplace for distributed cloud computing power is provided by nuco.cloud. This marketplace is supported by the DePIN technology, tools, and people in order to provide it to those who have the greatest need for it. It is up to you to decide where the data comes from, how much you need, and a time frame. It is up to you to decide what happens.

In the case of our nuco.cloud PRO product, idle compute is obtained from professional data centers located all over the world. After that, it is networked in a smooth manner by using our innovative nuco.cloud SKYNET technology.

Finally, research organizations are able to get access to dispersed computing capacity for a fraction of the cost, which enables them to allocate more resources to the work that is most essential to them. Once again, the blockchain provides a solution that bridges the gap between the actual world and the blockchain, which encourages adoption rather than requiring it.

We are making the use of our DePIN technology a no-brainer by eliminating the need for any hardware needs, fees associated with installation or integration, risks associated with downtime, and security concerns. 

#nucocloud #NCDT #DePIN

Shiba Inu Price to Rise? SHIB Targets $0.000085 Buy Zone

Shiba Inu has declined 1% in 24 hours to $0.00001725 while the crypto market rises 0.5% today.

The meme token has dropped 8% in a week and 33% in a month, although it has gained 125% in the last year.

Its losses placed it in a deeply oversold position, thus technical analysis suggests a comeback shortly.

With the market showing signs of revival, the Shiba Inu price might conclude the year strong.

Shiba Inu Price to Rise? SHIB Targets $0.000085 Buy Zone
SHIB's chart shows indicators rising from oversold levels, suggesting a comeback.

Its purple relative strength indicator is climbing to 50 today after reaching 30 this morning.

SHIB's 30-day average (orange) has been below the 200-day (blue) for weeks, indicating substantial overselling.

SHIB's data shows low activity, $200 million today compared to $2 billion roughly a month ago.

While this shows no reduction, SHIB's lesser volume makes it more vulnerable to huge price increases, particularly from whales.

Due to under-appreciation and poor volume, SHIB may rebound shortly, especially if Ethereum ETFs bolster the market.

These ETFs might start as soon as July 4, boosting Ethereum's and alts' prices with increased demand and volume.

Since it uses Ethereum, Shiba Inu may be particularly vulnerable to favorable demand.

Ethereum ETFs may contribute to September rate reduction by US, UK, and other central banks.

This will encourage trader bullishness and demand for meme currencies like Shiba Inu.

SHIB will gain support from its fundamentals while it awaits the introduction of its layer-three network and metaverse platform.

This might boost the Shiba Inu price to $0.00004 by year's end.

#SHIB $SHIB

Binance Increases Account Misuse Security

To maintain compliance and market integrity, Binance is implementing new account abuse security measures.

Binance adds security to prevent account abuse and boost platform integrity.

Users are urged to report suspicious activity.

Binance said that several account features are being abused to achieve unfair benefits, including as greater fee rates and bigger API limitations.

Binance said it would enforce compliance, safeguard consumers, and maintain market integrity.

These aspects are crucial to boosting exchange and crypto market trust. The exchange promotes a healthy, sustainable market that prioritizes users.

In response, Binance strengthened account usage policies.

Stronger account misuse policies
The following Binance account types are available:

All are crucial in real-world use situations. Bad actors trying to overcome limitations to obtain or sell greater API limits and charge rates may miss these features.

In the notification, Binance said that unauthorized access to other users' accounts violates its Terms of Use and KYC/KYB policy.

Users want Binance to be fair and efficient, and such conduct hurts the platform, reduces user experience, and reduces the contributions of most compliant users.

Binance increased account use and activity monitoring to prevent account misuse.

The exchange stated it would analyze every possible or suspected abuse and take appropriate steps to remediate misuse. Such measures include account suspension or termination.

Binance takes its role as a crypto industry leader seriously, ensuring that the platform follows the highest compliance requirements and is fair to all users.

To maintain platform integrity, such measures are essential.

In addition to technical improvements, Binance is creating a way for users to report account abuse incidents such fraudulent account sales.

Users should report abuse to the exchange. Rewards will be given for confirmed account abuse. Individual rewards will be chosen.

#Binance @Yi He @Richard Teng

Hold On! Robert Kiyosaki Says Bitcoin Is Going Bananas

Robert Kiyosaki, financial educator and respected author, advised his many followers to stick on when Bitcoin enters the “Banana Zone.” Despite the market's uncertainty, Kiyosaki predicts a strong and quick Bitcoin price surge.

The simile shows price charts' strong rising trajectory using the banana's form. Since it is a time of high risk and high reward, investors and traders should be cautious and strategic.

Bitcoin Prepares For Banana Zone
The phrase “Banana Zone” refers to a time of rapid development and significant market volatility in bitcoin. It often involves significant price swings and frantic trading.
Read Robert Kiyosaki's Bold Bitcoin Prediction: $350,000 In August, “Is Not A Lie”
Raoul Pal, Real Vision's CEO and a macroeconomic specialist, coined the word to describe a moment of the cryptocurrency market when Bitcoin may perform better and see a substantial market capitalization growth.

Pal is causing a stir in the cryptocurrency industry about Bitcoin nearing the banana zone, and Robert Kiyosaki believes the CEO is educated. Due of Pal's Goldman Sachs senior management expertise.

The author also thanked Raoul Pal's YouTube courses for helping him comprehend Bitcoin's banana zone entrance. Kiyosaki, a proponent of alternative investment and financial education, has praised Bitcoin as a hedge against banks and currency devaluation.

Bitcoin, according to Kiyosaki, is “rules-based money,” which makes people richer, whereas fiat money is “debt-based money,” which makes them poorer. He recommended investors to hang on tight as BTC rises into the banana zone, predicting a short-term increase.

Kiyosayi Wants More BTC
Robert Kiyosaki also said that Pal personally recommended him to invest in Bitcoin and that he bought 30 BTC at $6,000 due of his advice. Today, the crypto asset is worth approximately $60,000, and Kiyosaki buys more BTC each month, displaying his steadfast faith in its future.

#BTCFOMCWatch #BTC #CryptoPCEWatch $BTC

Meme currencies, AI, and RWA crypto tokens might prosper in 2024

In 2024, meme coins were the most successful sector, earning 2,400% gains.

Other profitable tales include AI tokens and RWA.

Meme coins WIF, BONK, BOME, AI tokens NEAR, FET, and RWA's ONDO and PENDLE provide buy-the-dip opportunities.
As the first half of 2024 ends, meme currencies, AI, and RWA dominate the news. According to Biteye researchers, the three industries were the most lucrative in 2024.

Most lucrative sector in H1 2024: meme coins

First half of 2024 saw the transition from value investment to meme coin “all-in” This progressive transition makes meme coins one of the most lucrative sectors compared to Layer 1, Gaming Finance, DeFi, Layer 2, Ethereum, Bitcoin, RWA, and AI.

On June 19, Brett (BRETT), Book of MEME (BOME), and Dog go to the moon (DOG) were among the top 10 meme coins by market capitalization.

BRETT had the largest return at 14,353% from its issue price, WIF soared over 933% YTD, and meme coin profitability is over 500 times that of DeFi, the least lucrative category.

Top meme currencies Dogwifhat (WIF), BOME, and Bonk (BONK) are down 2% to 4% in the 24-hour span and have market capitalizations of $625 million. Traders may “buy the dip” on the top three meme tokens before the next narrative shift.

2024 top-gaining sectors: AI, RWA tokens
Traders earned 213% in 2024 from RWA, the second most lucrative industry. RWA has made news, and BlackRock addressed it in H1 2024.

RWA temporarily led the three sectors in February 2024, but meme tokens and AI overtook it.

With 451% YTD gains, Ondo Finance (ONDO) leads the RWA story. ONDO, Pendle (PENDLE), and Mantra (OM) lost 3% to 6% of their value in the previous 24 hours. Traders may buy-the-dip on Thursday.

Investors gained almost 71% in AI. Top sector tokens Arkham (ARKM) rose 215% and AIOZ Network 192%. NEAR Protocol (NEAR), Fetch.ai (FET), and Internet Computer (ICP) prices are down 2%–5% in 24 hours. The three AI tokens allow traders to “buy the dip.”

#RWA #AI #CryptoPCEWatch

XRP Price Falls Again: Why?

XRP fought above $0.480. The price is falling again and may go below $0.4680.

XRP fails to break $0.4800 barrier.
The price is below $0.4750 and the 100-hour SMA.

The hourly XRP/USD chart shows a big bearish trend line with resistance around $0.4720 (Kraken).
The pair may be rejected at $0.4720 and $0.480 again.
Price Drops XRP

XRP tried a rebound over $0.4720 like Bitcoin and Ethereum. However, bears were aggressive at $0.480 resistance. At $0.4797, the price peaked and fell.

It fell below $0.4750 and $0.4720. The price fell below the 50% Fib retracement of the $0.4619 swing low to $0.4797 high. On the hourly XRP/USD chart, a big negative trend line with resistance at $0.4720 is formed.

The price is below $0.4750 and the 100-hour SMA. It finds bids at the 61.8% Fib retracement level of the upward run from $0.4619 swing low to $0.4797 high.

The price faces upward resistance at $0.4720. Near $0.4750 is the first big resistance. Still around $0.480 is the primary obstacle.

A break over $0.480 might push the price above $0.4850. Near $0.500 is the next significant resistance. Price might rise if it closes over $0.500 barrier. The next hurdle is $0.5120. More advances might push price toward $0.5250 barrier.

More Losses?

XRP may fall if it fails to break $0.4720. Initial downside support is $0.4680.

The next significant support is $0.4620. If the price breaks down and closes below $0.4620, it may fall further. The price might go below $0.4320 in the short term.

#XRP #Ripple $XRP

Shiba Inu price will rise 18% after three-month downturn

The 200-week Exponential Moving Average supports Shiba Inu at $0.00001694.

According to on-chain statistics, SHIB capitulated on June 24 and is ready to rise.

A weekly candlestick closing below $0.00001690 would disprove bullishness.

Shiba Inu (SHIB) is up 2.3% on Wednesday after finding support around the 200-week Exponential Moving Average. On-chain data shows SHIB capitulated on June 24, cutting exchange supply, indicating bullish momentum might propel its price higher in the following days.

Shiba Inu pricing is promising.
Shiba Inu price is 2.3% above the 200-week Exponential Moving Average (EMA) at $0.00001694 and is trading at $0.00001757 on Wednesday.

The 200-week Exponential Moving Average matches the critical weekly support level of $0.00001690.

If this support level holds, SHIB may rise 18% to retest its resistance level at $0.0000208, the 61.8% Fibonacci retracement level from the weekly swing low of $0.0000054 from June 5, 2023, to the weekly swing high of $0.00004575 from March 4, 2024

Relative Strength Index (RSI) on weekly chart momentarily fell below 50 mean, while Awesome Oscillator (AO) is approaching it. If bulls are making a return, both momentum indicators must stay above their mean levels. Such such event would boost the recovery rally.

IntoTheBlock's Global In/Out of the Money (GIOM) showed almost 60,110 addresses with 58.85 trillion SHIB tokens at $0.000016.These addresses purchased the dog-based meme coin between $0.000014 and $0.000017, a critical support zone. If the price retraces, these investors may buy more.

Technical analysis suggests the $0.000014 to $0.000017 zone is a critical reversal zone, and the GIOM results match.

#SHIB $SHIB

Dogwifhat breakthrough suggests rise over $2.1 barrier

Dogwifhat breached a downward trendline on Tuesday and trades over $2 on Wednesday.

The top WIF holder holds 2.3 million tokens worth $4.67 million, according to on-chain statistics.

A daily candlestick closing below $1.54 would disprove bullishness.

As of Wednesday, Dogwifhat (WIF) price is over $2 after breaking a declining trendline on Tuesday. On-chain data shows that the biggest whale holds 2.3 million tokens worth $4.67 million, suggesting a surge in the coming days.

WIF whales gather
According to Lookonchain, the highest WIF holder acquired 2.3 million tokens worth $4.67 million. This whale has 23.39 million WIF tokens valued $49.6 million and made $83 million.

The holder bought 17.22 million WIF tokens with 86,738.1 Solana tokens for $8.65 million in one deal.

Dogwifhat pricing has shown promise, breaking out of a declining trendline on Tuesday and trading over $2 as of Wednesday. From June 5 to June 25, numerous swing highs form this trendline.

If this trendline holds as retreat support and the WIF price closes over $2.10 daily barrier, it might rebound 25% to retest its June 17 daily high of $2.64.

The daily RSI is rising from an oversold state and trying to break above 50. The Awesome Oscillator (AO) is below mean zero. If bulls are making a return, both momentum indicators must stay above their mean levels. This would boost the rebound rally.

On-chain metrics and technical analysis suggest a positive prognosis, but if Dogwifhat's price closes below $1.54, the bullish thesis is invalidated. This might cause WIF's price to drop 35% to $1, its March 5 low.

#WIF $WIF

What Does 1 Trillion PEPE on Binance Mean for Pepe Coin Price Prediction?

The Pepe Coin price rose 4% today to $0.00001247 as the crypto market hardly moved in 24 hours.

PEPE is up 7% in the previous week, down 5% in two weeks, and down 25% in 30 days.

The Ethereum-based meme currency has gained 700% in a year despite these losses.

Even if a whale moved 1 trillion PEPE to Binance in the previous few hours, the future weeks and months seem bright.

The currency lost 1.5% in the last hour, suggesting a short-term drop.

Its relative strength index (purple) fell from around 80 yesterday night to 50 today, suggesting it should tumble before rising.

However, PEPE's 30-day average (orange) crossed the 200-day a day ago, suggesting a growth period.

PEPE's 24-hour trading volume reached $1 billion today, up from $350 million a few days earlier.

This morning, a whale sent Binance just over 1 trillion PEPE, which may be selling volume.

This follows yesterday's movement of 700 billion PEPE ($7.8 million) to the same exchange, raising the possibility that whales are selling meme tokens.

Thus, PEPE may have negative price action tomorrow, but its medium- and long-term trend appears to be higher.

With traders preparing for the introduction of the first Ethereum ETFs in a few weeks, this is especially true.

Rate cuts from the Fed and BoE will boost demand in the autumn.

PEPE is a favorite vehicle for whale gains, hence the Pepe Coin price might rise later this year.

It might hit $0.00002 by New Year.

#PEPE $PEPE @Pepecoin

Cardano Network Resists DDoS: Details

Cardano was hit by a DDoS assault late Tuesday, a massive increase of malicious activity meant to disrupt its operations. However, the blockchain's resilient protections prevented the assault, maintaining stability and functionality.

DDoS Does Not Affect Cardano

Fluid Token's Chief Technology Officer said the assault began on block 10,487,530, with each transaction running 194 REWARD smart contracts and costing 0.9 ADA. This method filled each block with complicated transactions to generate a backlog and slow the network. “This way, they can send large transactions while spending the least amount,” @ElRaulito_cnft said.

Anastasia founder Philip Disarro likely neutralized the danger. Disarro's swift public reaction to X may have prompted the assailant to stop.

“DDOSer stopped attacking after reading my tweet to protect his funds. They were too late; their money are being stolen. I appreciate the free money, fool. Truly remarkable that the attacker who sought to disrupt the ecosystem donated to Anastasia Labs' open-source smart contract research effort and funded Midgard, Disarro told X.

The Cardano community keenly followed the issue. Major Cardano content producer Big Pey reassured the community via X, saying, “Someone tried to DDOS Cardano today. Nothing much occurred, and the network didn't collapse. ADA endures.” The community shared this faith in the network's reliability and security.

The Art of Selling Art creator Jason Matias visualised the DDoS attack's effect on network operations. The current Cardano DDoS assault looks like this. Matias said that network monitoring tools showed spam transactions as gray gear symbols, producing bigger, harder-to-process blocks.

The extended Unspent Transaction Output (eUTxO) paradigm helped Cardano mitigate the DDoS assault. Other prominent blockchains like Ethereum employ account-based methods, however this concept is different.

#Cardano #Ada $ADA

Top meme cryptocurrencies DOGE, WIF, PEPE rise after market rebound.

Meme coins are up 10%, with industry tokens up significantly.

DOGE, SHIB, and FLOKI gained 10% in 24 hours.

BRETT, WIF, and PEPE jumped 20%.

Following double-digit increases by Dogecoin (DOGE), PEPE, dogwifhat (WIF), FLOKI, BRETT, and others, meme coins are driving the crypto market comeback on Tuesday.

Comeback of meme coins
Mt. Gox's anticipated Bitcoin creditors' payments caused major losses for top meme currencies on Monday. As news saturated the market, many anticipated the meme sector to lose again on Tuesday. Analysts predicted a shift from meme tokens to large cryptocurrencies as the industry was most hit.

Despite gloomy views, meme currencies are poised to lead the crypto market comeback with big gains. As buyers return to the market, meme coins have gained almost 10% in the previous 24 hours, according to CoinGecko.

As reported, USDC stablecoin exchange net inflows reached a one-year high of $228 million on Monday. Some of these inflows may have bought meme coins.

Dogecoin (DOGE), the biggest meme currency, is up over 10% today and 7% this week.

IntoTheBlock statistics shows that Shiba Inu (SHIB) has risen about 9% in the last 24 hours and is close to 0.000019, where buyers bought over 424 trillion tokens. This level might be key in future price decreases if it holds.

Dogwifhat (WIF) and BRETT tokens gained 25% and 27%, respectively. WIF has lagged other popular meme currencies in recent weeks, so its gain would soothe holders.

WIF has been falling since June until its significant advances on Tuesday. However, BRETT's 27% surge suggests its investors anticipate more despite a 137% rally in the last month.

Meme coins frequently gain during market rallies but lose the most during market downturns.

The recent availability of Solana shareable links, which integrate easily with websites and applications, has many crypto community members believing it would boost meme currency launches in the current cycle.

#PEPE #DOGE #WIF $PEPE

In favor of Ethereum ETF, SEC Chair Gensler

US Securities and Exchange Commission Chair Gary Gensler said the Spot Ethereum ETF clearance process is going well. Gensler voiced hope for the July launch of the new investment product at the Bloomberg Invest Summit. This is a major milestone for the cryptocurrency sector as Ethereum prepares to follow Bitcoin.

The Spot Ethereum ETF clearance process is going well, Gensler said. He repeated assertions made earlier this month before the US Senate Appropriations Subcommittee on Financial Services that "the registration process is working smoothly."

SEC is actively working with issuers on S-1 disclosures, a requirement for ETF trading. “I envision sometime over the course of this summer,” Gensler said, suggesting a debut date within months.

The SEC prioritizes compliance and openness. Gensler stressed “disclosure and registration,” indicating that these processes are essential for ETF clearance.

Several Ethereum ETF issuers are rushing to fulfill SEC criteria. VanEck has modified its S-1 filings to include seed funding and fees. VanEck announced a 0.20% fee that would be delayed until 2025, making the ETF free at launch. This strategy seeks to recruit investors and develop a strong market position early on.

A July launch is being considered by several issuers who are finishing their files. These businesses' progress underscores industry expectation of the SEC's clearance, which might spur Ethereum investment.

The cryptocurrency market is affected by Spot Ethereum ETF approval. Bitcoin prices reached an all-time high of $73,000 three months after Bitcoin ETFs launched earlier this year, setting a precedent. Experts say Ethereum ETFs may not draw as much investment as Bitcoin, but the potential is high.

Gensler addressed the digital asset market's issues. He chastised the sector for non-compliance and transparency violations. Gensler called several cryptocurrencies securities and called for further regulation to safeguard investors.

#ETH #etf #CryptoTradingGuide $ETH

Bitcoin stabilizes at $61,000 as Defi platform liquidations top $1 million

Bitcoin spot ETFs had $31 million inflows on Tuesday, ending seven days of losses.

US Congressman Matt Gaetz proposes Bitcoin Federal Income Tax payments.

The German government's transfer of 400 BTC worth $24.34 million to exchanges on Tuesday, after 1700 BTC last week, may hurt Bitcoin's price.

Bitcoin (BTC) trades beyond $61,000 on Wednesday after rising 2.6% on Tuesday as the crypto market rebounds. Bitcoin spot ETFs saw $31 million inflows on Tuesday, ending a seven-day outflow skid. In the US, Congressman Matt Gaetz suggested legislation allowing Bitcoin federal income tax payments, while in Europe, the German Government transferred 400 BTC worth $24.34 million, adding to selling pressure.

On Tuesday, Bitcoin spot ETFs witnessed $31 million inflows, snapping a seven-day outflow skid of $1.13 billion, according to Coinglass. ETF inflows signal rising institutional and retail interest in the cryptocurrency, which might affect pricing and market behavior. The 11 spot BTC ETFs possess $51.73 billion in Bitcoin.
USD Bitcoin Spot ETF Net Inflow chart

Arkham Intelligence evidence suggests the German Government moved 400 BTC worth $24.34 million from its wallet to Coinbase and Kraken exchanges in the recent hours. German authorities sent 1,700 BTC worth $110.88 million to Coinbase, Bitstamp, and Kraken last week. Large transfer activity may have increased traders' FUD (Fear, Uncertainty, Doubt), leading to Bitcoin's 4.6% price drop on Monday.

The German government exchanged 400 BTC at Kraken and Coinbase in two hours.

Bitcoin fell 7.5% from $63,369 to $58,402 on Monday after breaking below the falling wedge. BTC rose 5.8% to $61,806 on Tuesday after retesting its weekly support around $58,375. Bitcoin is now trading at $61,654, down 0.2% on Wednesday.

Bitcoin may face resistance at various levels if weekly support around $58,375 persists.

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Truth Or Fiction? Secrets of Bitcoin Rainbow Chart's $250,000 Prediction

Bitcoin, the king of cryptocurrencies, confronts a crucial time. After a strong first half of 2024, breaching the $71,000 milestone, digital gold has fallen to $61,000. Some experts remain confident about the long term, while others warn of difficulties after this downturn.

Rainbow Whispers—Golden Opportunity or Fool's Gold?
The famous Bitcoin Rainbow Chart, which examines price fluctuations logarithmically, keeps bulls hopeful. This chart shows Bitcoin in the “Buy” zone, indicating opportunity for growth before a high.

Historical price cycles, particularly those after halving events (when miners get half as many Bitcoins), suggest a maximum price point around September-October 2025. The optimistic timescale suggests a price objective of $260,000 or greater, according to several analysts.

Rainbow charm doesn't appeal to everyone. Critics argue that the chart is a historical indication and does not guarantee future outcomes. The latest “Coinbase Premium Index” drop dampens optimists' celebrations.

This statistic compares Bitcoin prices on Coinbase and foreign marketplaces. The present negative index implies US investors, a major market sector, are losing interest.

Investors' fear and prudence are another worry. Many are waiting and seeing after recent price dips shook confidence. The steep fall in "Open Interest," which measures the entire value of futures contracts, reflects this opinion.

Open Interest has declined dramatically owing to investors becoming wary of long Bitcoin holdings after the recent plunge, suggesting a market retreat.

Some experts consider this dip essential for correction. They say overheated futures markets caused by high leverage may produce unsustainable bubbles. They think the recent downturn is clearing out overleveraged participants, allowing Bitcoin to develop more steadily.
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